DICK’S Sporting Goods (NYSE:DKS) Releases FY 2026 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 13.500-14.500 for the period, compared to the consensus estimate of 14.540. The company issued revenue guidance of $22.1 billion-$22.4 billion, compared to the consensus revenue estimate of $22.1 billion.

DICK’S Sporting Goods Stock Performance

Shares of NYSE DKS opened at $235.40 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. DICK’S Sporting Goods has a 12 month low of $168.79 and a 12 month high of $237.75. The stock has a 50 day moving average of $211.59 and a 200-day moving average of $209.65. The company has a market capitalization of $20.96 billion, a P/E ratio of 23.03, a P/E/G ratio of 3.29 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, topping the consensus estimate of $2.87 by $0.03. DICK’S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.The company had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research analysts predict that DICK’S Sporting Goods will post 14.25 EPS for the current year.

DICK’S Sporting Goods Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were paid a $1.25 dividend. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. The ex-dividend date was Friday, March 27th. This represents a $5.00 annualized dividend and a yield of 2.1%. DICK’S Sporting Goods’s dividend payout ratio is presently 48.92%.

Wall Street Analysts Forecast Growth

DKS has been the subject of several recent research reports. Truist Financial reduced their price target on DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. JPMorgan Chase & Co. boosted their price target on DICK’S Sporting Goods from $228.00 to $240.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Morgan Stanley reduced their price target on DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Barclays boosted their price target on DICK’S Sporting Goods from $242.00 to $264.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $210.00 price objective on shares of DICK’S Sporting Goods in a report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and an average target price of $246.72.

Insiders Place Their Bets

In other news, EVP Julie Lodge-Jarrett sold 4,140 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the completion of the transaction, the executive vice president owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. The trade was a 14.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the business’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 transaction, the chairman directly owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. This trade represents a 3.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 28.91% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DICK’S Sporting Goods

Institutional investors and hedge funds have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in DICK’S Sporting Goods in the 3rd quarter worth about $48,000. Los Angeles Capital Management LLC acquired a new position in DICK’S Sporting Goods in the 4th quarter worth about $49,000. Summit Securities Group LLC acquired a new position in DICK’S Sporting Goods in the 4th quarter worth about $60,000. UMB Bank n.a. increased its holdings in DICK’S Sporting Goods by 13.7% in the 4th quarter. UMB Bank n.a. now owns 721 shares of the sporting goods retailer’s stock worth $143,000 after purchasing an additional 87 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of DICK’S Sporting Goods by 5.9% in the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after buying an additional 55 shares during the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

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.