DICK’S Sporting Goods (NYSE:DKS) Issues FY 2025 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 14.250-14.550 for the period, compared to the consensus earnings per share estimate of 14.390. The company issued revenue guidance of $14.0 billion-$14.0 billion, compared to the consensus revenue estimate of $14.0 billion.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Weiss Ratings upgraded DICK’S Sporting Goods from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Oppenheimer reiterated an “outperform” rating and issued a $270.00 price target on shares of DICK’S Sporting Goods in a research report on Friday, August 29th. BNP Paribas Exane initiated coverage on shares of DICK’S Sporting Goods in a research report on Friday, September 26th. They set an “underperform” rating and a $177.00 price objective on the stock. Citigroup upgraded shares of DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $225.00 to $280.00 in a research note on Tuesday, September 9th. Finally, BNP Paribas set a $177.00 target price on shares of DICK’S Sporting Goods and gave the stock an “underperform” rating in a research note on Friday, September 26th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, DICK’S Sporting Goods currently has an average rating of “Hold” and an average price target of $234.29.

DICK’S Sporting Goods Stock Down 0.7%

Shares of DICK’S Sporting Goods stock opened at $207.04 on Tuesday. DICK’S Sporting Goods has a one year low of $166.37 and a one year high of $254.60. The company has a market cap of $16.58 billion, a P/E ratio of 14.46, a PEG ratio of 3.23 and a beta of 1.05. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.55 and a current ratio of 1.70. The firm has a fifty day moving average of $222.58 and a two-hundred day moving average of $209.66.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, November 25th. The sporting goods retailer reported $2.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.71 by ($0.64). DICK’S Sporting Goods had a return on equity of 36.54% and a net margin of 8.52%.The firm had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.45 billion. DICK’S Sporting Goods has set its FY 2025 guidance at 14.250-14.550 EPS. On average, analysts forecast that DICK’S Sporting Goods will post 13.89 earnings per share for the current year.

DICK’S Sporting Goods Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were given a $1.2125 dividend. The ex-dividend date was Friday, September 12th. This represents a $4.85 annualized dividend and a yield of 2.3%. DICK’S Sporting Goods’s dividend payout ratio is presently 33.87%.

Insider Activity at DICK’S Sporting Goods

In other news, CEO Lauren R. Hobart sold 20,083 shares of the company’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $220.69, for a total transaction of $4,432,117.27. Following the transaction, the chief executive officer directly owned 299,990 shares of the company’s stock, valued at $66,204,793.10. This represents a 6.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 32.55% of the company’s stock.

Institutional Trading of DICK’S Sporting Goods

Large investors have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of DICK’S Sporting Goods during the 3rd quarter worth $48,000. Parallel Advisors LLC grew its position in shares of DICK’S Sporting Goods by 38.7% in the third quarter. Parallel Advisors LLC now owns 925 shares of the sporting goods retailer’s stock valued at $206,000 after purchasing an additional 258 shares during the last quarter. Brown Advisory Inc. increased its stake in shares of DICK’S Sporting Goods by 9.6% during the 2nd quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock worth $226,000 after purchasing an additional 100 shares in the last quarter. NorthRock Partners LLC acquired a new position in shares of DICK’S Sporting Goods during the 3rd quarter worth approximately $246,000. Finally, EP Wealth Advisors LLC acquired a new stake in DICK’S Sporting Goods during the second quarter worth approximately $255,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

About DICK’S Sporting Goods

DICK’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.