What is Zacks Research’s Estimate for DKS Q2 Earnings?

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Analysts at Zacks Research dropped their Q2 2026 earnings estimates for DICK’S Sporting Goods in a report released on Wednesday, June 11th. Zacks Research analyst R. Department now anticipates that the sporting goods retailer will earn $4.27 per share for the quarter, down from their prior forecast of $4.28. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q1 2027 earnings at $3.63 EPS, Q3 2027 earnings at $3.08 EPS, Q4 2027 earnings at $4.13 EPS, FY2027 earnings at $15.40 EPS, Q1 2028 earnings at $3.69 EPS and FY2028 earnings at $16.14 EPS.

DKS has been the topic of several other research reports. Telsey Advisory Group restated an “outperform” rating and set a $220.00 price target on shares of DICK’S Sporting Goods in a research report on Wednesday, May 28th. JPMorgan Chase & Co. decreased their price objective on shares of DICK’S Sporting Goods from $224.00 to $195.00 and set a “neutral” rating on the stock in a report on Thursday, May 29th. Loop Capital decreased their price objective on shares of DICK’S Sporting Goods from $195.00 to $180.00 and set a “hold” rating on the stock in a report on Friday, May 16th. Gordon Haskett downgraded shares of DICK’S Sporting Goods from a “buy” rating to a “reduce” rating and set a $170.00 price objective on the stock. in a report on Friday, May 16th. Finally, Wells Fargo & Company increased their price objective on shares of DICK’S Sporting Goods from $171.00 to $187.00 and gave the company an “equal weight” rating in a report on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $220.11.

DICK’S Sporting Goods Stock Down 4.3%

DKS stock opened at $176.38 on Friday. The firm has a market cap of $14.09 billion, a PE ratio of 12.61, a P/E/G ratio of 2.47 and a beta of 1.07. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.56 and a current ratio of 1.72. The firm’s fifty day moving average is $184.82 and its 200 day moving average is $208.21. DICK’S Sporting Goods has a one year low of $166.37 and a one year high of $254.60.

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

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors have recently bought and sold shares of the company. Wealthfront Advisers LLC acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at about $1,893,210,000. Vanguard Group Inc. increased its position in shares of DICK’S Sporting Goods by 8.8% during the first quarter. Vanguard Group Inc. now owns 5,850,223 shares of the sporting goods retailer’s stock valued at $1,179,171,000 after acquiring an additional 471,217 shares during the last quarter. Wellington Management Group LLP increased its position in shares of 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 valued at $570,370,000 after acquiring an additional 2,282,300 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of 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 valued at $427,056,000 after acquiring an additional 77,357 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of DICK’S Sporting Goods by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 1,057,793 shares of the sporting goods retailer’s stock valued at $241,660,000 after purchasing an additional 15,011 shares in the last quarter. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.2125 per share. This represents a $4.85 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend is Friday, June 13th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 34.69%.

DICK’S Sporting Goods declared that its Board of Directors has authorized a share repurchase plan on Tuesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the sporting goods retailer to buy up to 18.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

DICK’S Sporting Goods Company Profile

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.