Equities Analysts Set Expectations for DKS Q3 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Equities research analysts at Zacks Research lowered their Q3 2027 EPS estimates for DICK’S Sporting Goods in a research note issued to 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 forecast 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.

Several other analysts also recently issued reports on the company. Wolfe Research started coverage on DICK’S Sporting Goods in a research note on Wednesday, October 21st. They issued an “outperform” rating and a $181.00 price target for the company. BNP Paribas Exane reiterated an “underperform” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, October 27th. Barclays lowered their price objective on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. Morgan Stanley dropped their target price on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday, August 26th. Finally, Robert W. Baird cut shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 target price for the company. in a research report on Monday, September 14th. Twelve research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $167.53.

DICK’S Sporting Goods Price Performance

Shares of NYSE DKS opened at $142.09 on Tuesday. The firm has a market cap of $12.64 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 2.58 and a beta of 1.09. The business’s 50 day moving average is $136.37 and its 200-day moving average is $192.21. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. DICK’S Sporting Goods has a 1-year low of $120.15 and a 1-year high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%. The firm 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 firm earned $4.38 EPS. The company’s 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.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $5.00 annualized dividend and a dividend yield of 3.5%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 53.71%.

Insider Activity at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, insider Matthew Barnes purchased 3,665 shares of the company’s stock in a transaction dated Wednesday, September 30th. The stock was bought at an average cost of $136.39 per share, for a total transaction of $499,869.35. Following the completion of the transaction, the insider owned 11,965 shares in the company, valued at approximately $1,631,906.35. This represents a 44.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Mark Barrenechea purchased 17,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was bought at an average price of $130.72 per share, with a total value of $2,222,240.00. Following the completion of the purchase, the director owned 25,977 shares of the company’s stock, valued at $3,395,713.44. This trade represents a 189.37% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 42,795 shares of company stock valued at $5,588,641. 28.91% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On DICK’S Sporting Goods

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $1,501,321,000. Bank of America Corp DE bought a new position in shares of DICK’S Sporting Goods in the second quarter worth $1,024,000,000. Bank of New York Mellon Corp bought a new position in shares of DICK’S Sporting Goods in the second quarter worth $128,943,000. Atreides Management LP bought a new position in shares of DICK’S Sporting Goods in the second quarter worth $85,081,000. Finally, Maverick Capital Ltd. increased its position 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 worth $207,194,000 after purchasing an additional 210,654 shares during the period. 89.83% of the stock is owned by institutional investors and hedge funds.

DICK’S Sporting Goods News Roundup

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.