DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) – DA Davidson raised their FY2025 earnings estimates for shares of DICK’S Sporting Goods in a research report issued to clients and investors on Wednesday, November 27th. DA Davidson analyst M. Baker now forecasts that the sporting goods retailer will earn $13.80 per share for the year, up from their prior estimate of $13.73. DA Davidson has a “Buy” rating and a $265.00 price objective on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.88 per share. DA Davidson also issued estimates for DICK’S Sporting Goods’ Q4 2025 earnings at $3.37 EPS.
DKS has been the subject of a number of other reports. Robert W. Baird reiterated a “neutral” rating and issued a $235.00 target price on shares of DICK’S Sporting Goods in a report on Wednesday, August 28th. JPMorgan Chase & Co. lifted their price objective on shares of DICK’S Sporting Goods from $211.00 to $215.00 and gave the company a “neutral” rating in a research note on Monday, September 9th. UBS Group upgraded shares of DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and boosted their target price for the company from $225.00 to $260.00 in a research report on Wednesday. Bank of America increased their target price on shares of DICK’S Sporting Goods from $240.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Finally, Truist Financial lifted their price target on shares of DICK’S Sporting Goods from $256.00 to $258.00 and gave the company a “buy” rating in a research note on Wednesday. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $244.95.
DICK’S Sporting Goods Stock Performance
DKS stock opened at $207.24 on Thursday. The firm has a market cap of $16.87 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 2.43 and a beta of 1.64. The company has a current ratio of 1.72, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48. The stock has a 50-day moving average price of $205.75 and a 200-day moving average price of $210.68. DICK’S Sporting Goods has a 1-year low of $126.24 and a 1-year high of $239.30.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.07. The business had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.03 billion. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. DICK’S Sporting Goods’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the firm earned $2.85 earnings per share.
DICK’S Sporting Goods Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.40 annualized dividend and a dividend yield of 2.12%. DICK’S Sporting Goods’s payout ratio is 31.45%.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in DICK’S Sporting Goods by 5.5% in the 2nd quarter. Principal Financial Group Inc. now owns 239,451 shares of the sporting goods retailer’s stock worth $51,446,000 after purchasing an additional 12,396 shares in the last quarter. Swedbank AB purchased a new position in shares of DICK’S Sporting Goods in the 1st quarter worth approximately $1,670,000. Kerusso Capital Management LLC bought a new position in shares of DICK’S Sporting Goods in the third quarter valued at approximately $1,554,000. &PARTNERS purchased a new stake in shares of DICK’S Sporting Goods during the second quarter valued at approximately $309,000. Finally, National Pension Service bought a new stake in DICK’S Sporting Goods during the third quarter worth $4,195,000. 89.83% of the stock is owned by institutional investors.
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.
Read More
- Five stocks we like better than DICK’S Sporting Goods
- 3 Fintech Stocks With Good 2021 Prospects
- The Latest 13F Filings Are In: See Where Big Money Is Flowing
- Trading Stocks: RSI and Why it’s Useful
- 3 Penny Stocks Ready to Break Out in 2025
- Investing In Preferred Stock vs. Common Stock
- FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential
Receive News & Ratings for DICK'S Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DICK'S Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.