Dicks Sporting Goods Inc (NYSE:DKS) was up 0% on Thursday . The company traded as high as $32.80 and last traded at $32.57. Approximately 3,531,944 shares changed hands during trading, a decline of 5% from the average daily volume of 3,727,055 shares. The stock had previously closed at $32.57.

A number of equities research analysts have weighed in on DKS shares. BMO Capital Markets restated a “buy” rating and set a $37.00 price target on shares of Dicks Sporting Goods in a research report on Thursday, November 2nd. Forward View upgraded Dicks Sporting Goods from a “sell” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Thursday, November 16th. Citigroup upgraded Dicks Sporting Goods from a “neutral” rating to a “buy” rating and raised their price target for the company from $28.00 to $35.00 in a research report on Tuesday, December 19th. Deutsche Bank upgraded Dicks Sporting Goods from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Morgan Stanley reduced their price objective on Dicks Sporting Goods from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $32.92.

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.61 and a quick ratio of 0.25. The company has a market cap of $3,580.00, a P/E ratio of 12.30, a PEG ratio of 1.78 and a beta of 0.56.

Dicks Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, November 14th. The sporting goods retailer reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Dicks Sporting Goods had a return on equity of 17.95% and a net margin of 3.54%. Dicks Sporting Goods’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the firm earned $0.48 earnings per share. sell-side analysts expect that Dicks Sporting Goods Inc will post 2.97 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 8th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $0.68 annualized dividend and a dividend yield of 2.04%. Dicks Sporting Goods’s payout ratio is presently 25.09%.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Dicks Sporting Goods by 2.0% in the second quarter. Vanguard Group Inc. now owns 6,802,340 shares of the sporting goods retailer’s stock worth $270,937,000 after purchasing an additional 135,991 shares during the last quarter. Northern Trust Corp grew its stake in shares of Dicks Sporting Goods by 54.6% in the second quarter. Northern Trust Corp now owns 3,791,180 shares of the sporting goods retailer’s stock worth $151,003,000 after purchasing an additional 1,339,379 shares during the last quarter. Okumus Fund Management Ltd. bought a new stake in shares of Dicks Sporting Goods in the third quarter worth about $46,406,000. Dimensional Fund Advisors LP grew its stake in shares of Dicks Sporting Goods by 58.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,717,065 shares of the sporting goods retailer’s stock worth $46,379,000 after purchasing an additional 636,186 shares during the last quarter. Finally, Manning & Napier Advisors LLC grew its stake in shares of Dicks Sporting Goods by 16.2% in the third quarter. Manning & Napier Advisors LLC now owns 1,213,325 shares of the sporting goods retailer’s stock worth $32,771,000 after purchasing an additional 169,370 shares during the last quarter. 72.81% of the stock is currently owned by institutional investors.

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Dicks Sporting Goods Company Profile

Dick’s Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships.

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