Q3 EPS Estimate for DICK’S Sporting Goods Cut by Analyst

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Equities research analysts at Zacks Research reduced their Q3 2027 earnings estimates for shares of DICK’S Sporting Goods in a research note issued to investors on Tuesday, September 8th. Zacks Research analyst Team now forecasts that the sporting goods retailer will earn $1.50 per share for the quarter, down from their previous forecast of $2.85. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $11.73 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q4 2027 earnings at $3.57 EPS, FY2027 earnings at $11.49 EPS, Q1 2028 earnings at $3.11 EPS, Q2 2028 earnings at $3.88 EPS, Q3 2028 earnings at $2.24 EPS, Q4 2028 earnings at $4.21 EPS, FY2028 earnings at $13.43 EPS and FY2029 earnings at $16.03 EPS.

DKS has been the topic of several other reports. Robert W. Baird decreased their price objective on shares of DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 26th. Citigroup lowered their price objective on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, August 27th. Wells Fargo & Company cut their target price on shares of DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating for the company in a research report on Tuesday, August 25th. Guggenheim restated a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Finally, Bank of America cut their price objective on DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, DICK’S Sporting Goods currently has a consensus rating of “Hold” and a consensus target price of $167.20.

DICK’S Sporting Goods Price Performance

Shares of NYSE DKS opened at $133.57 on Thursday. The stock’s 50-day simple moving average is $189.51 and its two-hundred day simple moving average is $205.38. DICK’S Sporting Goods has a twelve month low of $120.40 and a twelve month high of $244.38. The firm has a market capitalization of $11.95 billion, a P/E ratio of 14.35, a P/E/G ratio of 1.53 and a beta of 1.11. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.74 by ($0.21). The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The company’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the previous year, the company posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS.

Institutional Trading of DICK’S Sporting Goods

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbor Investment Advisory LLC bought a new position in shares of DICK’S Sporting Goods in the first quarter worth approximately $30,000. Elyxium Wealth LLC bought a new stake in DICK’S Sporting Goods during the 4th quarter valued at $35,000. SHP Wealth Management bought a new stake in DICK’S Sporting Goods during the 4th quarter valued at $38,000. Fideuram Asset Management Ireland dac purchased a new stake in DICK’S Sporting Goods during the 4th quarter valued at $44,000. Finally, Clearstead Advisors LLC boosted its position in DICK’S Sporting Goods by 68.8% during the 4th quarter. Clearstead Advisors LLC now owns 243 shares of the sporting goods retailer’s stock valued at $48,000 after buying an additional 99 shares during the period. Institutional investors own 89.83% of the company’s stock.

Insider Buying and Selling

In related news, Director William J. Colombo bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average cost of $128.72 per share, for a total transaction of $643,600.00. Following the acquisition, the director directly owned 178,987 shares of the company’s stock, valued at $23,039,206.64. The trade was a 2.87% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert W. Eddy purchased 4,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the transaction, the director owned 10,886 shares in the company, valued at $1,400,919.34. The trade was a 58.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 29,563 shares of company stock worth $3,843,882 in the last ninety days. Corporate insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 53.71%.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Options traders purchased 6,416 DKS call contracts, approximately 13% above typical call volume of 5,668 contracts. The activity indicates increased speculative interest in a potential rebound, although options positioning does not guarantee further stock gains. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
• Neutral Sentiment: Several law firms reiterated that investors who purchased DKS shares between September 8, 2025, and August 24, 2026, may seek lead-plaintiff status in a securities class action. The deadline is November 3, 2026. These announcements largely repeat the same previously reported litigation and do not represent a court finding of wrongdoing. Kaplan Fox Securities Class Action Deadline
• Negative Sentiment: The shareholder lawsuit, filed in the U.S. District Court for the Western District of Pennsylvania, alleges violations of federal securities laws by DICK’S Sporting Goods and certain officers. The wave of investor-alert notices increases headline and potential legal risk for DKS, though the allegations remain unproven. ClaimsFiler DICK’S Sporting Goods Shareholder Alert
• Negative Sentiment: Zacks Research lowered its projected earnings per share for DKS’s first quarter of fiscal 2029 to $3.69 from $3.82 and its second-quarter estimate to $4.40 from $4.76. Zacks maintained a “Strong Sell” rating, reinforcing concerns about longer-term earnings momentum. DICK’S Sporting Goods Analyst Estimates

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.