Telsey Advisory Group reissued their outperform rating on shares of DICK’S Sporting Goods (NYSE:DKS – Free Report) in a report issued on Tuesday,Benzinga reports. Telsey Advisory Group currently has a $260.00 price target on the sporting goods retailer’s stock. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q3 2025 earnings at $2.75 EPS.
DKS has been the subject of a number of other reports. Bank of America raised their target price on DICK’S Sporting Goods from $240.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Loop Capital raised their target price on DICK’S Sporting Goods from $200.00 to $220.00 and gave the stock a “hold” rating in a research report on Thursday, September 5th. JPMorgan Chase & Co. raised their target price on DICK’S Sporting Goods from $211.00 to $215.00 and gave the stock a “neutral” rating in a research report on Monday, September 9th. Evercore ISI reiterated an “outperform” rating and issued a $280.00 price target on shares of DICK’S Sporting Goods in a research report on Thursday, September 5th. Finally, Barclays lifted their price target on DICK’S Sporting Goods from $247.00 to $254.00 and gave the company an “overweight” rating in a research report on Thursday, September 5th. Eight investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and an average target price of $244.95.
View Our Latest Stock Analysis on DICK’S Sporting Goods
DICK’S Sporting Goods Stock Performance
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last released its earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.07. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. The business had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the business posted $2.85 earnings per share. The business’s revenue for the quarter was up .5% on a year-over-year basis. As a group, sell-side analysts forecast that DICK’S Sporting Goods will post 13.88 earnings per share for the current year.
DICK’S Sporting Goods Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Friday, December 13th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 32.28%.
Institutional Investors Weigh In On DICK’S Sporting Goods
Several hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its stake in DICK’S Sporting Goods by 1.2% during the third quarter. State Street Corp now owns 2,259,133 shares of the sporting goods retailer’s stock worth $473,945,000 after purchasing an additional 27,155 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in DICK’S Sporting Goods by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,788,820 shares of the sporting goods retailer’s stock worth $373,327,000 after purchasing an additional 57,672 shares during the last quarter. Renaissance Technologies LLC lifted its stake in DICK’S Sporting Goods by 51.4% during the second quarter. Renaissance Technologies LLC now owns 1,106,341 shares of the sporting goods retailer’s stock worth $237,697,000 after purchasing an additional 375,600 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of DICK’S Sporting Goods by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,042,782 shares of the sporting goods retailer’s stock valued at $217,169,000 after acquiring an additional 10,640 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of DICK’S Sporting Goods by 15.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 780,346 shares of the sporting goods retailer’s stock valued at $167,683,000 after acquiring an additional 102,609 shares during the last quarter. Institutional investors own 89.83% of the company’s stock.
DICK’S Sporting Goods Company Profile
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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