DICK’S Sporting Goods (NYSE:DKS) Earns Outperform Rating from Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of DICK’S Sporting Goods (NYSE:DKSFree Report) in a research note released on Thursday, Benzinga reports. The brokerage currently has a $245.00 target price on the sporting goods retailer’s stock. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q1 2026 earnings at $3.36 EPS, Q2 2026 earnings at $3.47 EPS, Q3 2026 earnings at $3.37 EPS and Q4 2026 earnings at $4.12 EPS.

Several other analysts have also recently issued reports on DKS. Barclays cut their price target on shares of DICK’S Sporting Goods from $239.00 to $231.00 and set an overweight rating on the stock in a report on Monday, May 13th. Wells Fargo & Company upped their target price on shares of DICK’S Sporting Goods from $175.00 to $210.00 and gave the company an equal weight rating in a research note on Friday, March 15th. Morgan Stanley lifted their price target on DICK’S Sporting Goods from $160.00 to $235.00 and gave the stock an overweight rating in a research note on Friday, March 15th. Oppenheimer increased their target price on DICK’S Sporting Goods from $190.00 to $240.00 and gave the stock an outperform rating in a report on Wednesday, March 20th. Finally, The Goldman Sachs Group boosted their price target on DICK’S Sporting Goods from $157.00 to $247.00 and gave the company a buy rating in a report on Friday, March 15th. Twelve research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, DICK’S Sporting Goods currently has a consensus rating of Hold and a consensus target price of $210.45.

Read Our Latest Stock Report on DKS

DICK’S Sporting Goods Price Performance

DKS stock opened at $189.97 on Thursday. The firm has a market cap of $15.66 billion, a P/E ratio of 15.60, a price-to-earnings-growth ratio of 2.28 and a beta of 1.61. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.74 and a current ratio of 1.78. DICK’S Sporting Goods has a 1 year low of $100.98 and a 1 year high of $225.79. The stock has a 50-day simple moving average of $204.88 and a 200-day simple moving average of $168.95.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last posted its earnings results on Thursday, March 14th. The sporting goods retailer reported $3.85 EPS for the quarter, topping analysts’ consensus estimates of $3.35 by $0.50. The business had revenue of $3.88 billion for the quarter, compared to analysts’ expectations of $3.79 billion. DICK’S Sporting Goods had a net margin of 8.06% and a return on equity of 42.99%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.93 earnings per share. On average, equities analysts predict that DICK’S Sporting Goods will post 13.27 earnings per share for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date was Wednesday, March 27th. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.00. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 36.12%.

Insider Buying and Selling

In other news, major shareholder William Colombo Trustee U/A Dt purchased 40,000 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was purchased at an average cost of $213.93 per share, with a total value of $8,557,200.00. Following the purchase, the insider now owns 8,818,615 shares in the company, valued at approximately $1,886,566,306.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other DICK’S Sporting Goods news, major shareholder William Colombo Trustee U/A Dt bought 40,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on Friday, March 15th. The stock was purchased at an average cost of $213.93 per share, for a total transaction of $8,557,200.00. Following the completion of the acquisition, the insider now owns 8,818,615 shares of the company’s stock, valued at approximately $1,886,566,306.95. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Edward W. Stack sold 151,210 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $220.93, for a total value of $33,406,825.30. Following the completion of the transaction, the chairman now directly owns 10,899,110 shares in the company, valued at approximately $2,407,940,372.30. The disclosure for this sale can be found here. Insiders have sold a total of 209,763 shares of company stock valued at $46,483,438 over the last quarter. Corporate insiders own 32.03% of the company’s stock.

Hedge Funds Weigh In On DICK’S Sporting Goods

Hedge funds and other institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. lifted its stake in DICK’S Sporting Goods by 9,735.6% in the 3rd quarter. Victory Capital Management Inc. now owns 2,239,273 shares of the sporting goods retailer’s stock worth $243,140,000 after acquiring an additional 2,216,506 shares in the last quarter. Norges Bank purchased a new position in shares of DICK’S Sporting Goods during the 4th quarter valued at $108,908,000. AQR Capital Management LLC increased its stake in shares of DICK’S Sporting Goods by 145.0% in the third quarter. AQR Capital Management LLC now owns 789,482 shares of the sporting goods retailer’s stock worth $85,722,000 after acquiring an additional 467,243 shares during the last quarter. Barclays PLC raised its holdings in shares of DICK’S Sporting Goods by 148.3% during the third quarter. Barclays PLC now owns 592,991 shares of the sporting goods retailer’s stock worth $64,388,000 after acquiring an additional 354,217 shares in the last quarter. Finally, Wedge Capital Management L L P NC acquired a new stake in DICK’S Sporting Goods during the fourth quarter valued at $47,196,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

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DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.

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Analyst Recommendations for DICK'S Sporting Goods (NYSE:DKS)

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