DICK’S Sporting Goods (NYSE:DKS) Issues FY 2026 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 13.500-14.500 for the period, compared to the consensus EPS estimate of 14.540. The company issued revenue guidance of $22.1 billion-$22.4 billion, compared to the consensus revenue estimate of $22.1 billion.

DICK’S Sporting Goods Trading Up 3.3%

Shares of DKS stock opened at $226.53 on Friday. DICK’S Sporting Goods has a 12-month low of $170.73 and a 12-month high of $237.75. The company has a current ratio of 1.50, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. The stock’s 50-day moving average price is $212.92 and its 200-day moving average price is $209.71. The stock has a market capitalization of $20.17 billion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 3.12 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same period last year, the firm posted $3.37 earnings per share. The company’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. Equities research analysts predict that DICK’S Sporting Goods will post 14.25 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, June 12th. DICK’S Sporting Goods’s payout ratio is 48.92%.

Wall Street Analyst Weigh In

DKS has been the topic of several research reports. Morgan Stanley lifted their target price on DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday. UBS Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a report on Tuesday, March 3rd. DA Davidson reissued a “buy” rating and set a $260.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday. BTIG Research reissued a “buy” rating and set a $300.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday. Finally, Robert W. Baird set a $264.00 price objective on DICK’S Sporting Goods in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and a consensus price target of $253.89.

Insider Activity at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Chairman Edward W. Stack sold 210,478 shares of the business’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 transaction of $41,609,395.82. Following the sale, the chairman directly owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the business’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 value of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares in the company, valued at $5,534,674.92. The trade was a 14.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 28.91% of the company’s stock.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Comparable sales rose 6% in the quarter, and DICK’S lifted the low end of its full-year comps outlook, signaling solid underlying demand at its core business. Article Title
• Positive Sentiment: Foot Locker showed its first positive sales growth in nearly three years, suggesting the turnaround effort is gaining traction and could improve the longer-term value of the combined business. Article Title
• Positive Sentiment: Analyst sentiment turned more constructive, with JPMorgan upgrading DKS to overweight and several firms raising price targets, reinforcing bullish expectations around growth and the Foot Locker strategy. Article Title
• Neutral Sentiment: DICK’S beat revenue estimates in Q1, but EPS missed by a penny, making the report better on sales than on profitability. Article Title
• Neutral Sentiment: The company also announced a quarterly dividend of $1.25 per share, which supports the stock’s income appeal but is unlikely to be the main near-term driver. Article Title
• Negative Sentiment: Management lowered full-year EPS guidance to $13.27-$14.27 from $13.70-$14.70, reflecting margin pressure from Foot Locker integration costs and pressuring the stock after earnings. Article Title
• Negative Sentiment: Several reports highlighted that the stronger sales trend was not enough to offset the lower profit outlook, which is the main reason some investors reacted negatively. Article Title

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DKS. Viking Global Investors LP bought a new position in shares of DICK’S Sporting Goods during the fourth quarter valued at approximately $509,371,000. Atreides Management LP bought a new position in shares of DICK’S Sporting Goods during the second quarter valued at approximately $172,715,000. Raymond James Financial Inc. grew its stake in shares of DICK’S Sporting Goods by 274.3% during the third quarter. Raymond James Financial Inc. now owns 642,592 shares of the sporting goods retailer’s stock valued at $142,797,000 after buying an additional 470,925 shares during the last quarter. State Street Corp grew its stake in shares of DICK’S Sporting Goods by 17.7% during the third quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer’s stock valued at $579,226,000 after buying an additional 391,694 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC bought a new position in shares of DICK’S Sporting Goods during the second quarter valued at approximately $64,693,000. 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.