Q3 EPS Forecast for DICK’S Sporting Goods Boosted by Analyst

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Analysts at Telsey Advisory Group boosted their Q3 2026 earnings estimates for shares of DICK’S Sporting Goods in a research report issued on Wednesday, May 28th. Telsey Advisory Group analyst J. Feldman now anticipates that the sporting goods retailer will post earnings per share of $2.90 for the quarter, up from their prior estimate of $2.85. Telsey Advisory Group has a “Outperform” rating and a $220.00 price target on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q4 2026 earnings at $3.90 EPS.

Several other brokerages have also recently issued reports on DKS. TD Cowen cut shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and set a $216.00 target price on the stock. in a research note on Thursday, May 15th. Wall Street Zen raised shares of DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a research note on Friday, May 9th. Citigroup reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Thursday. Loop Capital lowered their target price on shares of DICK’S Sporting Goods from $195.00 to $180.00 and set a “hold” rating on the stock in a research note on Friday, May 16th. Finally, Gordon Haskett cut shares of DICK’S Sporting Goods from a “buy” rating to a “reduce” rating and set a $170.00 target price on the stock. in a research note on Friday, May 16th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $220.11.

DICK’S Sporting Goods Trading Down 1.7%

Shares of DKS opened at $176.26 on Monday. DICK’S Sporting Goods has a 52-week low of $166.37 and a 52-week high of $254.60. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. The firm’s fifty day moving average is $187.29 and its two-hundred day moving average is $209.81. The stock has a market cap of $14.08 billion, a PE ratio of 12.60, a price-to-earnings-growth ratio of 2.47 and a beta of 1.16.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Wednesday, May 28th. The sporting goods retailer reported $3.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $3.37. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion.

Institutional Trading of DICK’S Sporting Goods

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wealthfront Advisers LLC purchased a new stake in DICK’S Sporting Goods in the 4th quarter valued at about $1,893,210,000. Vanguard Group Inc. raised its holdings in DICK’S Sporting Goods by 8.8% in the 1st quarter. Vanguard Group Inc. now owns 5,850,223 shares of the sporting goods retailer’s stock valued at $1,179,171,000 after buying an additional 471,217 shares during the period. Wellington Management Group LLP increased its stake in DICK’S Sporting Goods by 416.9% during the first quarter. Wellington Management Group LLP now owns 2,829,780 shares of the sporting goods retailer’s stock worth $570,370,000 after purchasing an additional 2,282,300 shares during the period. Charles Schwab Investment Management Inc. increased its stake in DICK’S Sporting Goods by 4.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,866,177 shares of the sporting goods retailer’s stock worth $427,056,000 after purchasing an additional 77,357 shares during the period. Finally, Geode Capital Management LLC increased its stake in DICK’S Sporting Goods by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 1,057,793 shares of the sporting goods retailer’s stock worth $241,660,000 after purchasing an additional 15,011 shares during the period. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $1.2125 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.85 annualized dividend and a yield of 2.75%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 34.69%.

DICK’S Sporting Goods announced that its Board of Directors has initiated a share buyback program on Tuesday, March 11th that allows the company to buyback $3.00 billion in outstanding shares. This buyback authorization allows the sporting goods retailer to repurchase up to 18.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

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.