DICK’S Sporting Goods, Inc. (NYSE:DKS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) have received an average rating of “Moderate Buy” from the nineteen research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $254.7059.

DKS has been the topic of a number of recent analyst reports. Morgan Stanley raised their price target on DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Truist Financial upped their price objective on DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. BTIG Research reiterated a “buy” rating and set a $300.00 target price on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Weiss Ratings downgraded DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Finally, DA Davidson reissued a “buy” rating and issued a $260.00 price target on shares of DICK’S Sporting Goods in a report on Wednesday, July 1st.

DICK’S Sporting Goods Trading Up 0.7%

DICK’S Sporting Goods stock opened at $209.85 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38. DICK’S Sporting Goods has a one year low of $186.67 and a one year high of $244.38. The stock has a market capitalization of $18.78 billion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 1.82 and a beta of 1.19. The business’s fifty day moving average is $222.89 and its 200 day moving average is $212.84.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The company had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter in the prior year, the firm posted $3.37 earnings per share. DICK’S Sporting Goods’s quarterly revenue was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, sell-side analysts predict that DICK’S Sporting Goods will post 14.24 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio is 47.53%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DKS. Brown Advisory Inc. boosted its stake in shares of DICK’S Sporting Goods by 9.6% during the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after purchasing an additional 100 shares during the period. Cerity Partners LLC increased its stake in DICK’S Sporting Goods by 54.1% in the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock worth $316,000 after buying an additional 562 shares during the period. Bank of Nova Scotia bought a new stake in DICK’S Sporting Goods during the 2nd quarter valued at about $417,000. Daiwa Securities Group Inc. lifted its holdings in DICK’S Sporting Goods by 9.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock valued at $1,182,000 after buying an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in DICK’S Sporting Goods by 4.4% in the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock valued at $584,000 after buying an additional 124 shares during the period. Institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.