DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) – Research analysts at Zacks Research lowered their Q3 2027 EPS estimates for DICK’S Sporting Goods in a research report issued to clients and investors on Monday, November 2nd. Zacks Research analyst Team now forecasts that the sporting goods retailer will post earnings per share of $1.39 for the quarter, down from their previous estimate of $1.50. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $11.69 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ FY2027 earnings at $11.43 EPS, Q3 2028 earnings at $2.22 EPS, Q2 2029 earnings at $4.36 EPS, Q3 2029 earnings at $2.81 EPS and FY2029 earnings at $15.93 EPS.
Other equities research analysts also recently issued reports about the company. UBS Group lowered their price target on DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Truist Financial cut their price objective on DICK’S Sporting Goods from $135.00 to $128.00 and set a “hold” rating on the stock in a report on Thursday, October 1st. Morgan Stanley decreased their price objective on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a research report on Wednesday, August 26th. Barclays lowered their target price on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Finally, Bank of America dropped their target price on shares of DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Twelve investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $167.53.
Check Out Our Latest Report on DICK’S Sporting Goods
DICK’S Sporting Goods Stock Down 1.2%
NYSE:DKS opened at $142.09 on Tuesday. DICK’S Sporting Goods has a 1 year low of $120.15 and a 1 year high of $244.38. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. The stock has a market cap of $12.64 billion, a price-to-earnings ratio of 15.26, a PEG ratio of 2.58 and a beta of 1.09. The stock has a 50-day moving average price of $136.37 and a two-hundred day moving average price of $192.21.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the firm earned $4.38 EPS. DICK’S Sporting Goods’s quarterly revenue was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in DICK’S Sporting Goods during the 2nd quarter valued at $1,501,321,000. Bank of America Corp DE bought a new position in DICK’S Sporting Goods during the second quarter worth $1,024,000,000. Bank of New York Mellon Corp acquired a new position in shares of DICK’S Sporting Goods in the second quarter valued at $128,943,000. Atreides Management LP acquired a new position in shares of DICK’S Sporting Goods in the second quarter valued at $85,081,000. Finally, Maverick Capital Ltd. increased its holdings in shares of DICK’S Sporting Goods by 25.3% in the first quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock valued at $207,194,000 after purchasing an additional 210,654 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors.
Insider Activity
In other news, Director William Colombo purchased 5,000 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were purchased at an average price of $128.72 per share, with a total value of $643,600.00. Following the purchase, the director directly owned 178,987 shares of the company’s stock, valued at $23,039,206.64. This trade represents a 2.87% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Navdeep Gupta purchased 7,707 shares of the company’s stock in a transaction on Tuesday, September 22nd. The stock was purchased at an average cost of $129.75 per share, for a total transaction of $999,983.25. Following the purchase, the executive vice president directly owned 86,580 shares in the company, valued at approximately $11,233,755. This trade represents a 9.77% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have purchased 42,795 shares of company stock worth $5,588,641. 28.91% of the stock is currently owned by insiders.
DICK’S Sporting Goods Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is 53.71%.
Key Headlines Impacting DICK’S Sporting Goods
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: The Foot Locker acquisition expands DICK’S international reach and strengthens its position in the sneaker market, offering potential long-term revenue and scale benefits. DICK’S Sporting Goods vs. Home Depot: Which Consumer Stock Is a Better Buy for 2027?
- Neutral Sentiment: DICK’S will release fiscal third-quarter 2026 results before the market opens on November 24, followed by an 8:00 a.m. conference call. Investors will likely look for updates on Foot Locker integration, inventory, margins, and full-year guidance. DICK’S Sporting Goods Third Quarter Results Call Scheduled for November 24th
- Negative Sentiment: Investors are facing a wave of securities-fraud class-action announcements, with lead-plaintiff deadlines on November 3. The complaints generally allege that DICK’S failed to disclose material adverse information about inventory, promotional activity, and the performance of Foot Locker’s legacy footwear business. The announcements do not establish liability, but they add legal uncertainty and reputational pressure. Bronstein, Gewirtz & Grossman Class Action Announcement
- Negative Sentiment: Wall Street reportedly cut price targets and reduced its conviction after DICK’S disclosed that Foot Locker’s legacy footwear exposure was weighing on sales and margins, despite earlier assurances that inventory cleanup had been completed. This raises concerns about integration execution, profitability, and the reliability of prior disclosures. DKS Shareholder Alert
DICK’S Sporting Goods Company Profile
DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and accessories. Its merchandise serves a broad range of sports and outdoor activities, including team sports, fitness, golf, running, hunting, fishing and camping.
The company operates through its namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.
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