DICK’S Sporting Goods, Inc. (NYSE:DKS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) have received an average recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, thirteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $253.8889.

A number of research firms recently issued reports on DKS. Weiss Ratings raised DICK’S Sporting Goods from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 7th. DA Davidson reissued a “buy” rating and set a $260.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Telsey Advisory Group increased their target price on DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 20th. Truist Financial increased their target price on DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Finally, Wells Fargo & Company reissued a “positive” rating on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th.

DICK’S Sporting Goods Price Performance

NYSE DKS opened at $214.26 on Friday. The business has a 50 day simple moving average of $214.15 and a 200 day simple moving average of $209.76. DICK’S Sporting Goods has a 52-week low of $170.73 and a 52-week 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 $19.08 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 1.89 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 23.41% and a net margin of 4.71%.The business had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the company posted $3.37 earnings per share. DICK’S Sporting Goods’s revenue for the quarter was up 62.7% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Analysts anticipate that DICK’S Sporting Goods will post 14.24 earnings per share for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

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

Insider Buying and Selling

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction that occurred 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 $5,534,674.92. This represents a 14.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Edward W. Stack sold 210,478 shares of the company’s stock in a transaction that occurred 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 approximately $1,294,676,949.94. This trade represents a 3.11% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 28.91% of the company’s stock.

Hedge Funds Weigh In On DICK’S Sporting Goods

Large investors have recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in DICK’S Sporting Goods during the 4th quarter worth approximately $30,000. Harbor Investment Advisory LLC acquired a new position in DICK’S Sporting Goods during the 1st quarter worth approximately $30,000. Clearstead Advisors LLC boosted its position in DICK’S Sporting Goods by 46.9% during the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after acquiring an additional 46 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in DICK’S Sporting Goods during the 4th quarter worth approximately $34,000. Finally, Westside Investment Management Inc. boosted its holdings in shares of DICK’S Sporting Goods by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock valued at $35,000 after buying an additional 76 shares during the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

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.