Zacks Research Analysts Raise Earnings Estimates for DKS

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Research analysts at Zacks Research lifted their Q4 2027 earnings per share (EPS) estimates for DICK’S Sporting Goods in a note issued to investors on Monday, November 2nd. Zacks Research analyst Team now expects that the sporting goods retailer will post earnings per share of $3.61 for the quarter, up from their prior forecast of $3.57. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $11.68 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q1 2028 earnings at $3.12 EPS, Q2 2028 earnings at $3.89 EPS, Q4 2028 earnings at $4.30 EPS and FY2028 earnings at $13.52 EPS.

DKS has been the subject of several other reports. Weiss Ratings cut shares of DICK’S Sporting Goods from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. KGI Securities downgraded 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 research note on Wednesday, August 26th. Wall Street Zen upgraded shares of DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a report on Saturday, October 17th. Robert W. Baird cut shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 price target on the stock. in a research report on Monday, September 14th. Finally, The Goldman Sachs Group cut their price target on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. Twelve investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, DICK’S Sporting Goods currently has an average rating of “Hold” and a consensus target price of $167.53.

DICK’S Sporting Goods Stock Down 4.1%

Shares of NYSE DKS opened at $136.41 on Wednesday. The company’s 50 day moving average price is $135.50 and its 200-day moving average price is $191.84. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. DICK’S Sporting Goods has a 52-week low of $120.15 and a 52-week high of $244.38. The company has a market capitalization of $12.13 billion, a P/E ratio of 14.65, a price-to-earnings-growth ratio of 2.70 and a beta of 1.09.

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

DICK’S Sporting Goods Announces Dividend

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

Insider Transactions at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, insider Matthew Barnes bought 3,665 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was bought at an average cost of $136.39 per share, with a total value of $499,869.35. Following the completion of the transaction, the insider directly owned 11,965 shares in the company, valued at approximately $1,631,906.35. The trade was a 44.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mark J. Barrenechea bought 17,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was acquired at an average price of $130.72 per share, for a total transaction of $2,222,240.00. Following the acquisition, the director directly owned 25,977 shares in the company, valued at $3,395,713.44. The trade was a 189.37% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 42,795 shares of company stock valued at $5,588,641. Corporate insiders own 28.91% of the company’s stock.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of hedge funds have recently added to or reduced their stakes in the stock. PCB Capital LLC increased its position in shares of DICK’S Sporting Goods by 1.5% during the 1st quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock valued at $715,000 after purchasing an additional 55 shares during the last quarter. Assetmark Inc. raised its stake in shares of DICK’S Sporting Goods by 2.2% during the 1st quarter. Assetmark Inc. now owns 2,887 shares of the sporting goods retailer’s stock worth $572,000 after purchasing an additional 63 shares during the period. Versant Capital Management Inc raised its stake in shares of DICK’S Sporting Goods by 34.3% during the 3rd quarter. Versant Capital Management Inc now owns 333 shares of the sporting goods retailer’s stock worth $45,000 after purchasing an additional 85 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of DICK’S Sporting Goods by 0.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,636 shares of the sporting goods retailer’s stock worth $3,299,000 after buying an additional 94 shares during the last quarter. Finally, Guardian Partners Inc. boosted its holdings in shares of DICK’S Sporting Goods by 6.8% in the 1st quarter. Guardian Partners Inc. now owns 1,716 shares of the sporting goods retailer’s stock worth $340,000 after buying an additional 109 shares during the last quarter. Institutional investors and hedge funds 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: DICK’S plans to open an AI hub in Bengaluru and create 400 technology jobs, signaling investment in its digital and technology capabilities. The financial impact and timing are not yet clear. Article: DICK’S Sporting Goods Opens Bengaluru AI Hub
• Negative Sentiment: Multiple law firms highlighted a securities class action and the November 3 lead-plaintiff deadline. The complaint alleges the company and certain officers made misleading statements about inventory and promotional activity, including Foot Locker’s inventory cleanup and margins, before its sales outlook was cut. These remain allegations, not findings; the litigation adds legal and reputational uncertainty. Article: SueWallSt investor alert
• Negative Sentiment: Zacks Research lowered several DICK’S EPS forecasts, including estimates for fiscal 2027 and later quarters, and maintains a “Strong Sell” rating. Repeated cuts may reinforce concerns about earnings prospects. DICK’S Sporting Goods analyst coverage

About DICK’S Sporting Goods

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and accessories. Its merchandise serves a broad range of sports and outdoor activities, including team sports, fitness, golf, running, hunting, fishing and camping.

The company operates through its namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.