DICK’S Sporting Goods (NYSE:DKS) Updates FY 2026 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 11.000-12.000 for the period, compared to the consensus estimate of 14.540. The company issued revenue guidance of $21.9 billion-$22.2 billion, compared to the consensus revenue estimate of $22.1 billion.

Analyst Ratings Changes

Several research firms have weighed in on DKS. Barclays boosted their price target on shares of DICK’S Sporting Goods from $264.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. BTIG Research reissued a “buy” rating and set a $300.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. JPMorgan Chase & Co. cut their price target on DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday. Morgan Stanley increased their price objective on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings lowered DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, DICK’S Sporting Goods presently has an average rating of “Moderate Buy” and an average price target of $256.88.

DICK’S Sporting Goods Price Performance

DKS stock traded down $50.85 on Tuesday, hitting $128.48. 18,872,657 shares of the company’s stock traded hands, compared to its average volume of 1,351,651. DICK’S Sporting Goods has a 1-year low of $129.06 and a 1-year high of $244.38. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. The stock has a market cap of $11.50 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 1.60 and a beta of 1.21. The stock has a fifty day moving average of $213.14 and a 200-day moving average of $211.25.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.76 by ($0.23). DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The firm had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the firm earned $4.38 EPS. The company’s revenue was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, analysts forecast that DICK’S Sporting Goods will post 14.24 EPS for the current fiscal year.

Key Stories Impacting DICK’S Sporting Goods

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category growth, higher transactions and average ticket, and demand associated with the 2026 FIFA World Cup. Management maintained its core comparable-sales outlook of 2.5% to 4.0% growth. DICK’S Sporting Goods Second Quarter Results
• Positive Sentiment: Some analysts remain constructive: JPMorgan maintained an “overweight” rating while lowering its price target, and a CNBC contributor recently selected DICK’S as a preferred stock. Unusually heavy call-option buying before earnings also indicated speculative bullish interest. CNBC Final Trades
• Neutral Sentiment: Revenue increased 53.2% year over year to $5.59 billion, largely reflecting the Foot Locker acquisition, but the transaction also added dilution from 9.6 million newly issued shares. DICK’S Earnings Report
• Negative Sentiment: Non-GAAP earnings per share were $3.53, below the $3.76 consensus estimate and down from $4.38 a year earlier. Revenue also fell short of the $5.64 billion analyst forecast, intensifying concerns about profitability and execution. DICK’S Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: Foot Locker’s pro forma comparable sales declined 3.6%, with management citing challenging athletic-footwear conditions and increased promotional activity. The company cut Foot Locker’s full-year comparable-sales outlook to a range of negative 2.0% to 0.0% and lowered operating-income expectations for both businesses. DICK’S Misses Revenue Expectations

Institutional Investors Weigh In On DICK’S Sporting Goods

Large investors have recently bought and sold shares of the company. Jacobi Capital Management LLC increased its position in DICK’S Sporting Goods by 4.5% in the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after buying an additional 51 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of DICK’S Sporting Goods by 3.9% in the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after purchasing an additional 51 shares during the period. Parallel Advisors LLC increased its stake in DICK’S Sporting Goods by 5.9% during the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock worth $194,000 after buying an additional 55 shares during the period. Vident Advisory LLC grew its holdings in DICK’S Sporting Goods by 2.5% in the fourth quarter. Vident Advisory LLC now owns 2,480 shares of the sporting goods retailer’s stock valued at $491,000 after purchasing an additional 60 shares during the last quarter. Finally, UMB Bank n.a. increased its position in DICK’S Sporting Goods by 13.7% during the fourth quarter. UMB Bank n.a. now owns 721 shares of the sporting goods retailer’s stock worth $143,000 after purchasing an additional 87 shares during the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

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.