DICK’S Sporting Goods, Inc. Plans Quarterly Dividend of $1.25 (NYSE:DKS)

DICK’S Sporting Goods, Inc. (NYSE:DKSGet Free Report) declared a quarterly dividend on Wednesday, May 27th. Shareholders of record on Friday, June 12th will be paid a dividend of 1.25 per share by the sporting goods retailer on Friday, June 26th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, June 12th.

DICK’S Sporting Goods has raised its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 11 years. DICK’S Sporting Goods has a dividend payout ratio of 33.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect DICK’S Sporting Goods to earn $16.10 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 31.1%.

DICK’S Sporting Goods Price Performance

Shares of DKS opened at $218.16 on Thursday. 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 1 year low of $170.73 and a 1 year high of $237.75. The stock has a market cap of $19.42 billion, a P/E ratio of 21.35, a price-to-earnings-growth ratio of 3.31 and a beta of 1.21. The stock’s 50-day moving average price is $212.20 and its two-hundred day moving average price is $209.66.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last issued 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 27.12% and a net margin of 4.93%.The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter last year, the business posted $3.37 EPS. DICK’S Sporting Goods’s quarterly revenue was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, equities analysts predict that DICK’S Sporting Goods will post 14.28 earnings per share for the current year.

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DICK’S Sporting Goods Company Profile

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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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Dividend History for DICK'S Sporting Goods (NYSE:DKS)

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