Zacks Research Has Negative Estimate for DKS Q2 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKSFree Report) – Equities research analysts at Zacks Research reduced their Q2 2027 earnings per share estimates for shares of DICK’S Sporting Goods in a report issued on Wednesday, June 10th. Zacks Research analyst Team now expects that the sporting goods retailer will post earnings of $3.80 per share for the quarter, down from their prior estimate of $3.96. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $14.24 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q3 2027 earnings at $2.85 EPS, Q4 2027 earnings at $4.55 EPS, FY2027 earnings at $14.10 EPS, Q1 2028 earnings at $3.50 EPS, Q2 2028 earnings at $4.54 EPS, Q3 2028 earnings at $3.22 EPS, FY2028 earnings at $16.26 EPS, Q1 2029 earnings at $3.82 EPS and FY2029 earnings at $17.46 EPS.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last announced its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). The company had revenue of $5.16 billion during the quarter, compared to analysts’ expectations of $5.07 billion. DICK’S Sporting Goods had a return on equity of 23.41% and a net margin of 4.71%.DICK’S Sporting Goods’s revenue for the quarter was up 62.7% compared to the same quarter last year. During the same quarter last year, the firm posted $3.37 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS.

A number of other research firms have also recently issued reports on DKS. Telsey Advisory Group boosted their price objective on DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. upgraded DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $240.00 to $270.00 in a report on Thursday, May 28th. Weiss Ratings cut DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Barclays boosted their price objective on DICK’S Sporting Goods from $264.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Finally, Robert W. Baird set a $264.00 price objective on DICK’S Sporting Goods in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $253.89.

View Our Latest Stock Analysis on DKS

DICK’S Sporting Goods Price Performance

Shares of DICK’S Sporting Goods stock opened at $214.97 on Thursday. The stock has a 50 day moving average price of $217.69 and a 200-day moving average price of $209.98. DICK’S Sporting Goods has a one year low of $170.73 and a one year high of $237.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50. The stock has a market cap of $19.14 billion, a price-to-earnings ratio of 20.43, a price-to-earnings-growth ratio of 1.92 and a beta of 1.19.

DICK’S Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio is currently 47.53%.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $223.56, for a total value of $925,538.40. Following the completion of the sale, the executive vice president directly owned 24,757 shares in the company, valued at approximately $5,534,674.92. This represents a 14.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the company’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total value of $41,609,395.82. Following the completion of the sale, the chairman owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. This represents a 3.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 28.91% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several hedge funds have recently made changes to their positions in DKS. Brown Advisory Inc. lifted its holdings in shares of DICK’S Sporting Goods by 9.6% in the 2nd quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock worth $226,000 after buying an additional 100 shares during the period. Cerity Partners LLC raised its position in shares of DICK’S Sporting Goods by 54.1% in the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock worth $316,000 after acquiring an additional 562 shares in the last quarter. Bank of Nova Scotia bought a new position in shares of DICK’S Sporting Goods in the 2nd quarter worth $417,000. Daiwa Securities Group Inc. raised its position in shares of DICK’S Sporting Goods by 9.8% in the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after acquiring an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of DICK’S Sporting Goods by 4.4% in the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock worth $584,000 after acquiring an additional 124 shares in the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about DICK’S Sporting Goods

Here are the key news stories impacting DICK’S Sporting Goods this week:

  • Positive Sentiment: Zacks Research raised several longer-term earnings estimates for DICK’S Sporting Goods, including FY2028 EPS to $16.26 from $15.86, FY2029 EPS to $17.46 from $17.03, Q4 2027 EPS to $4.55 from $4.48, and Q1 2028 EPS to $3.50 from $3.42, suggesting confidence in the company’s longer-range growth prospects.
  • Positive Sentiment: DICK’S and adidas launched a FIFA World Cup 2026 campaign, “Where It All Kicks Off,” featuring high-profile athletes and celebrities. The promotion could support brand visibility and seasonal sales momentum. DICK’S and adidas Celebrate FIFA World Cup 2026 with Star-Studded “Where It All Kicks Off” Campaign
  • Neutral Sentiment: Zacks kept its FY2026 consensus-related outlook intact at $14.24 EPS, so the near-term view was not materially changed overall despite multiple revisions across future quarters.
  • Negative Sentiment: Analysts trimmed several earnings estimates, including FY2027 EPS to $14.10 from $14.18, Q2 2027 EPS to $3.80 from $3.96, and Q3 2028 EPS to $3.22 from $3.43. Those reductions may be weighing on sentiment around near-term profit momentum.

About DICK’S Sporting Goods

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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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Earnings History and Estimates for DICK'S Sporting Goods (NYSE:DKS)

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