DICK’S Sporting Goods (NYSE:DKS – Free Report) had its target price decreased by JPMorgan Chase & Co. from $270.00 to $245.00 in a research note published on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the sporting goods retailer’s stock.
DKS has been the topic of several other reports. Telsey Advisory Group increased their target price on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. UBS Group raised DICK’S Sporting Goods from a “buy” rating to a “positive” rating in a research report on Monday, August 10th. Robert W. Baird set a $264.00 price target on DICK’S Sporting Goods in a research note on Thursday, May 28th. Wells Fargo & Company upgraded DICK’S Sporting Goods from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $220.00 to $240.00 in a research note on Monday, August 10th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of DICK’S Sporting Goods in a report on Monday, August 3rd. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, DICK’S Sporting Goods has an average rating of “Moderate Buy” and a consensus target price of $180.06.
DICK’S Sporting Goods Stock Performance
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the business posted $4.38 EPS. The firm’s revenue for the quarter was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities analysts anticipate that DICK’S Sporting Goods will post 11.5 EPS for the current fiscal year.
DICK’S Sporting Goods Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is currently 47.53%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of DKS. Brown Financial Advisors acquired a new position in DICK’S Sporting Goods during the 2nd quarter worth $201,000. HighTower Advisors LLC boosted its holdings in DICK’S Sporting Goods by 34.7% during the second quarter. HighTower Advisors LLC now owns 275,886 shares of the sporting goods retailer’s stock valued at $62,574,000 after acquiring an additional 71,001 shares during the period. California State Teachers Retirement System grew its position in shares of DICK’S Sporting Goods by 20,961.0% in the second quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock valued at $3,601,355,000 after purchasing an additional 15,802,896 shares during the last quarter. Alan B Lancz & Associates Inc. acquired a new stake in shares of DICK’S Sporting Goods in the second quarter valued at about $227,000. Finally, HB Wealth Management LLC grew its position in shares of DICK’S Sporting Goods by 24.8% in the second quarter. HB Wealth Management LLC now owns 2,064 shares of the sporting goods retailer’s stock valued at $468,000 after purchasing an additional 410 shares during the last quarter. Institutional investors own 89.83% of the company’s stock.
Key Stories Impacting DICK’S Sporting Goods
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Analysts continue to view the selloff as an opportunity: Bank of America, DA Davidson and BTIG all maintained Buy ratings while lowering their price targets to $200, $205 and $180, respectively. These targets imply substantial potential upside from current levels. Analyst price-target updates
- Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category gains, higher transactions and average ticket, and strong FIFA World Cup-related demand. Management retained its comparable-sales outlook for the DICK’S business. DICK’S second-quarter results
- Positive Sentiment: DICK’S declared a quarterly dividend of $1.25 per share, payable September 25 to shareholders of record September 11, supporting the stock’s income appeal. DICK’S dividend announcement
- Neutral Sentiment: Unusually high options activity and commentary that sellers may have capitulated suggest elevated trading interest and the possibility of a technical bounce, but also indicate unusually high volatility. DICK’S options activity
- Negative Sentiment: Second-quarter adjusted EPS of $3.53 and revenue of $5.59 billion missed consensus estimates, while EPS declined from $4.38 a year earlier. DICK’S earnings miss
- Negative Sentiment: Foot Locker comparable sales fell 3.6% as athletic footwear became more promotional. Higher discounts, integration costs and other expenses led management to cut operating-income expectations for both businesses and reduce fiscal 2026 EPS guidance to $11-$12, well below analyst expectations. DICK’S guidance reduction
- Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the guidance reduction and stock collapse. These notices may add reputational and legal overhang, although no wrongdoing has been established. DICK’S investor investigation notice
About DICK’S Sporting Goods
DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.
The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.
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