Q3 Earnings Estimate for DKS Issued By DA Davidson

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Investment analysts at DA Davidson issued their Q3 2026 earnings estimates for DICK’S Sporting Goods in a research note issued on Wednesday, November 12th. DA Davidson analyst M. Baker forecasts that the sporting goods retailer will post earnings per share of $2.55 for the quarter. DA Davidson has a “Buy” rating and a $270.00 price objective on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. DA Davidson also issued estimates for DICK’S Sporting Goods’ FY2026 earnings at $14.70 EPS and FY2027 earnings at $16.02 EPS.

Several other equities analysts also recently weighed in on the stock. Gordon Haskett upgraded shares of DICK’S Sporting Goods from a “reduce” rating to a “hold” rating in a report on Friday, July 25th. Wells Fargo & Company raised their price objective on shares of DICK’S Sporting Goods from $215.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Friday, August 29th. The Goldman Sachs Group initiated coverage on DICK’S Sporting Goods in a research note on Tuesday, September 23rd. They issued a “buy” rating and a $274.00 target price on the stock. Loop Capital set a $215.00 target price on DICK’S Sporting Goods and gave the company a “hold” rating in a report on Wednesday, July 30th. Finally, BNP Paribas set a $177.00 price target on DICK’S Sporting Goods and gave the stock an “underperform” rating in a report on Friday, September 26th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $234.29.

DICK’S Sporting Goods Price Performance

Shares of DKS stock traded down $1.01 during mid-day trading on Thursday, reaching $221.85. The stock had a trading volume of 174,471 shares, compared to its average volume of 1,483,067. The company has a market cap of $17.77 billion, a P/E ratio of 15.47, a price-to-earnings-growth ratio of 3.23 and a beta of 1.06. The company has a current ratio of 1.70, a quick ratio of 0.55 and a debt-to-equity ratio of 0.44. DICK’S Sporting Goods has a 12-month low of $166.37 and a 12-month high of $254.60. The business has a 50-day simple moving average of $224.79 and a 200 day simple moving average of $208.37.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Thursday, August 28th. The sporting goods retailer reported $4.38 earnings per share for the quarter, topping analysts’ consensus estimates of $4.30 by $0.08. The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.61 billion. DICK’S Sporting Goods had a return on equity of 36.54% and a net margin of 8.52%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.37 EPS. DICK’S Sporting Goods has set its FY 2025 guidance at 13.900-14.500 EPS.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several hedge funds have recently modified their holdings of the stock. Stratos Wealth Partners LTD. raised its stake in DICK’S Sporting Goods by 40.8% during the first quarter. Stratos Wealth Partners LTD. now owns 1,538 shares of the sporting goods retailer’s stock worth $310,000 after purchasing an additional 446 shares during the period. Allworth Financial LP boosted its holdings in DICK’S Sporting Goods by 45.9% in the first quarter. Allworth Financial LP now owns 1,020 shares of the sporting goods retailer’s stock valued at $193,000 after acquiring an additional 321 shares during the last quarter. New York State Common Retirement Fund grew its position in DICK’S Sporting Goods by 4.7% during the first quarter. New York State Common Retirement Fund now owns 33,679 shares of the sporting goods retailer’s stock valued at $6,788,000 after acquiring an additional 1,500 shares during the period. Larson Financial Group LLC increased its stake in DICK’S Sporting Goods by 5.5% during the first quarter. Larson Financial Group LLC now owns 1,921 shares of the sporting goods retailer’s stock worth $387,000 after acquiring an additional 101 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its stake in DICK’S Sporting Goods by 46.7% during the first quarter. Commerzbank Aktiengesellschaft FI now owns 3,930 shares of the sporting goods retailer’s stock worth $793,000 after acquiring an additional 1,251 shares during the last quarter. 89.83% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, CEO Lauren R. Hobart sold 20,083 shares of the firm’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $220.69, for a total value of $4,432,117.27. Following the sale, the chief executive officer directly owned 299,990 shares of the company’s stock, valued at approximately $66,204,793.10. This trade represents a 6.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 32.55% of the company’s stock.

DICK’S Sporting Goods Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 12th were paid a $1.2125 dividend. This represents a $4.85 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, September 12th. DICK’S Sporting Goods’s dividend payout ratio is presently 33.87%.

About DICK’S Sporting Goods

DICK’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.