DICK’S Sporting Goods (NYSE:DKS) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of DICK’S Sporting Goods (NYSE:DKS) from a hold rating to a sell rating in a research note published on Saturday morning,Wall Street Zen reports.

Other analysts have also issued reports about the company. BTIG Research dropped their target price on DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. BNP Paribas Exane restated an “underperform” rating and issued a $99.00 price objective on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Zacks Research cut shares of DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st. KGI Securities lowered shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 target price for the company. in a report on Wednesday, August 26th. Finally, Barclays decreased their target price on shares of DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $167.20.

DICK’S Sporting Goods Trading Down 3.0%

Shares of DICK’S Sporting Goods stock opened at $130.92 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. The firm has a fifty day moving average price of $183.47 and a 200 day moving average price of $203.75. DICK’S Sporting Goods has a 1 year low of $120.40 and a 1 year high of $244.38. The stock has a market cap of $11.64 billion, a PE ratio of 14.06, a price-to-earnings-growth ratio of 1.57 and a beta of 1.11.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. DICK’S Sporting Goods’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 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Equities research analysts predict that DICK’S Sporting Goods will post 11.7 earnings per share for the current year.

DICK’S Sporting Goods Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a yield of 3.8%. DICK’S Sporting Goods’s dividend payout ratio is presently 53.71%.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, Director Sandeep Mathrani acquired 1,550 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were bought at an average cost of $128.89 per share, with a total value of $199,779.50. Following the completion of the acquisition, the director owned 11,136 shares in the company, valued at approximately $1,435,319.04. This trade represents a 16.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert Eddy acquired 4,000 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was acquired at an average cost of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the acquisition, the director owned 10,886 shares of the company’s stock, valued at $1,400,919.34. This trade represents a 58.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 29,563 shares of company stock worth $3,843,882. Company insiders own 28.91% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. WINTON GROUP Ltd boosted its holdings in DICK’S Sporting Goods by 1,573.8% in the 2nd quarter. WINTON GROUP Ltd now owns 55,167 shares of the sporting goods retailer’s stock valued at $12,512,000 after purchasing an additional 51,871 shares during the last quarter. Senator Investment Group LP acquired a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $45,362,000. The Manufacturers Life Insurance Company purchased a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at approximately $11,466,000. California State Teachers Retirement System raised its position in shares of DICK’S Sporting Goods by 20,961.0% during the 2nd quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock valued at $3,601,355,000 after buying an additional 15,802,896 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at approximately $18,448,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Key Stories Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Robert W. Baird downgraded DICK’S from “outperform” to “neutral” but set a $150 price target, implying potential upside from the recent trading level. Baird analyst rating report
• Neutral Sentiment: DICK’S management presented at the Goldman Sachs Global Consumer and Retail Conference. The event gives investors additional commentary on strategy, Foot Locker integration and consumer demand, although no specific new financial guidance was provided in the available report. Goldman Sachs conference transcript
• Negative Sentiment: Several investor-rights firms, including Kaplan Fox, Robbins LLP, Levi & Korsinsky, Bronstein Gewirtz & Grossman and Rosen Law Firm, are promoting or investigating a securities class action covering investors who purchased DKS shares between September 8, 2025, and August 24, 2026. The lead-plaintiff deadline is November 3, 2026. The allegations remain unproven. Robbins LLP investigation
• Negative Sentiment: The litigation centers on claims that DICK’S and certain executives misled investors about Foot Locker’s growth, profitability, inventory condition and expected margin expansion before the company reduced its Foot Locker sales outlook. Levi and Korsinsky lawsuit notice
• Negative Sentiment: Zacks named DICK’S its “Bear of the Day,” reinforcing the cautious analyst view. This follows the company’s latest quarterly earnings and revenue misses, while full-year fiscal 2026 EPS guidance of $11.00 to $12.00 is below prior-year performance. Zacks Bear of the Day report

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.

The company operates through its DICK’S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.