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 been assigned an average rating of “Moderate Buy” from the twenty brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $241.8947.

A number of brokerages have recently commented on DKS. Morgan Stanley reduced their target price on shares of DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Robert W. Baird set a $253.00 price objective on shares of DICK’S Sporting Goods in a research report on Wednesday, February 11th. Truist Financial cut their price objective on shares of DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Telsey Advisory Group restated an “outperform” rating and set a $245.00 price objective on shares of DICK’S Sporting Goods in a research report on Monday, March 9th. Finally, DA Davidson set a $260.00 price objective on shares of DICK’S Sporting Goods in a research report on Monday, January 12th.

DICK’S Sporting Goods Price Performance

Shares of NYSE DKS opened at $225.89 on Monday. The firm has a 50-day simple moving average of $206.23 and a 200-day simple moving average of $209.91. The stock has a market capitalization of $20.11 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 3.15 and a beta of 1.21. The company has a quick ratio of 0.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.34. DICK’S Sporting Goods has a 52 week low of $167.03 and a 52 week high of $237.31.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.06 billion. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The company’s quarterly revenue was up 59.9% compared to the same quarter last year. During the same period in the prior year, the business earned $3.62 earnings per share. 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 14.29 earnings per share for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were given a dividend of $1.25 per share. The ex-dividend date was Friday, March 27th. This is an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. This represents a $5.00 annualized dividend and a yield of 2.2%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 48.92%.

Insider Activity

In related news, Chairman Edward W. Stack sold 210,478 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman directly owned 6,549,026 shares in the company, valued at approximately $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the transaction, the executive vice president directly owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. This trade represents a 14.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 32.55% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Clearstead Advisors LLC boosted its stake in DICK’S Sporting Goods by 46.9% during the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after buying an additional 46 shares during the period. Root Financial Partners LLC purchased a new stake in shares of DICK’S Sporting Goods in the 3rd quarter valued at $33,000. Harbor Investment Advisory LLC purchased a new stake in shares of DICK’S Sporting Goods in the 1st quarter valued at $30,000. Westside Investment Management Inc. raised 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 period. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

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.