DICK’S Sporting Goods (NYSE:DKS) Trading 6.1% Higher – Still a Buy?

Shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) traded up 6.1% on Tuesday . The company traded as high as $129.68 and last traded at $131.2310. Approximately 487,631 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 1,755,739 shares. The stock had previously closed at $123.63.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: Insiders and institutional investors have reportedly been buying DICK’S shares after the post-earnings sell-off, suggesting some investors view the stock as undervalued. Analysts also see potential upside from integrating Foot Locker, though the broader analyst consensus remains mostly Hold. Insiders Signal Deep Value in DICK’S Sporting Goods
• Neutral Sentiment: A market commentary highlighted DICK’S deeply oversold technical readings and discussed long-dated options as a potential contrarian trade. This may attract value-oriented buyers, but it does not represent a fundamental improvement in earnings or demand. 3 Retail Stocks Getting Crushed and the Long-Dated Options Trade on Each One
• Neutral Sentiment: An additional “critical survey” article concerning DICK’S and Asbury Automotive Group was published, but the available report provides insufficient detail to identify a specific financial or operational impact. Asbury Automotive Group and DICK’S Sporting Goods Critical Survey
• Negative Sentiment: Zacks added DICK’S to its Rank #5, or “Strong Sell,” list, reinforcing concerns about the earnings miss, weaker profitability, and the stock’s sharp decline from its 12-month high. New Strong Sell Stocks for September 22nd
• Negative Sentiment: Unusually heavy put-option activity—10,988 contracts, 58% above typical volume—signals increased demand for downside protection or bearish speculation.
• Negative Sentiment: Several law firms publicized a securities class action covering investors who purchased DICK’S shares from September 8, 2025, through August 24, 2026, with a November 3, 2026 lead-plaintiff deadline. The notices do not establish liability, but they add legal overhang and may weigh on sentiment. Kaplan Fox Securities Class Action Notice Rosen Law Securities Class Action Notice

Analyst Upgrades and Downgrades

DKS has been the subject of several research analyst reports. Guggenheim reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, August 26th. DA Davidson reduced their price target on shares of DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Wells Fargo & Company decreased their price target on shares of DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating for the company in a research note on Tuesday, August 25th. Barclays cut their price objective on shares of 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. Finally, Truist Financial lowered DICK’S Sporting Goods from a “buy” rating to a “hold” rating and decreased their target price for the company from $270.00 to $135.00 in a research report on Wednesday, August 26th. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $167.20.

DICK’S Sporting Goods Trading Up 6.6%

The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average price of $173.99 and a 200 day moving average price of $200.79. The stock has a market capitalization of $11.72 billion, a PE ratio of 14.17, a P/E/G ratio of 2.29 and a beta of 1.11.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter last year, the company posted $4.38 EPS. The company’s quarterly revenue was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Equities analysts expect that DICK’S Sporting Goods, Inc. will post 11.7 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is presently 53.71%.

Insider Activity

In other DICK’S Sporting Goods news, Director Robert W. Eddy acquired 4,000 shares of DICK’S Sporting Goods stock in a transaction on Wednesday, August 26th. The stock was purchased at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the purchase, the director directly owned 10,886 shares of the company’s stock, valued at $1,400,919.34. This trade represents a 58.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark J. Barrenechea bought 17,000 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were acquired at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the completion of the transaction, the director owned 25,977 shares in the company, valued at approximately $3,395,713.44. The trade was a 189.37% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 29,563 shares of company stock worth $3,843,882 in the last quarter. 28.91% of the stock is owned by corporate insiders.

Institutional Trading of DICK’S Sporting Goods

Hedge funds have recently added to or reduced their stakes in the stock. WINTON GROUP Ltd raised its position in DICK’S Sporting Goods by 1,573.8% in the 2nd quarter. WINTON GROUP Ltd now owns 55,167 shares of the sporting goods retailer’s stock worth $12,512,000 after purchasing an additional 51,871 shares during the period. Senator Investment Group LP purchased a new position in shares of DICK’S Sporting Goods in the second quarter valued at about $45,362,000. The Manufacturers Life Insurance Company bought a new position in shares of DICK’S Sporting Goods in the second quarter worth about $11,466,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of DICK’S Sporting Goods in the second quarter worth about $18,448,000. Finally, Darsana Capital Partners LP grew its position in shares of DICK’S Sporting Goods by 9.1% during the second quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after purchasing an additional 125,000 shares in the last quarter. Institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

DICK’S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.

The company operates through its DICK’S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.