DICK’S Sporting Goods (NYSE:DKS) Stock Rating Reaffirmed by DA Davidson

DA Davidson reiterated their buy rating on shares of DICK’S Sporting Goods (NYSE:DKS) in a report issued on Thursday, Benzinga reports. The brokerage currently has a $265.00 target price on the sporting goods retailer’s stock. DA Davidson also issued estimates for DICK’S Sporting Goods’ Q3 2025 earnings at $2.67 EPS, FY2025 earnings at $13.73 EPS and FY2026 earnings at $14.64 EPS.

A number of other research firms also recently commented on DKS. Barclays increased their target price on DICK’S Sporting Goods from $231.00 to $247.00 and gave the stock an overweight rating in a report on Thursday, May 30th. Oppenheimer raised their price target on DICK’S Sporting Goods from $240.00 to $270.00 and gave the stock an outperform rating in a report on Thursday, May 30th. Wedbush reissued a neutral rating and issued a $250.00 price target on shares of DICK’S Sporting Goods in a report on Thursday. Morgan Stanley raised their price target on DICK’S Sporting Goods from $235.00 to $245.00 and gave the stock an overweight rating in a report on Thursday, May 30th. Finally, UBS Group raised their price target on DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a neutral rating in a report on Monday, August 26th. Ten investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, DICK’S Sporting Goods has an average rating of Moderate Buy and a consensus target price of $244.43.

DICK’S Sporting Goods Trading Down 3.2 %

NYSE:DKS opened at $208.04 on Thursday. The company has a quick ratio of 0.65, a current ratio of 1.71 and a debt-to-equity ratio of 0.55. The business’s 50 day moving average is $214.27 and its two-hundred day moving average is $207.99. DICK’S Sporting Goods has a 52 week low of $100.98 and a 52 week high of $239.30. The company has a market cap of $16.95 billion, a PE ratio of 17.22, a P/E/G ratio of 2.59 and a beta of 1.64.

DICK’S Sporting Goods (NYSE:DKS) last released its earnings results on Wednesday, September 4th. The sporting goods retailer reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $0.60. DICK’S Sporting Goods had a return on equity of 41.80% and a net margin of 7.73%. The company had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter last year, the business posted $2.82 EPS. DICK’S Sporting Goods’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, analysts predict that DICK’S Sporting Goods will post 13.8 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Stockholders of record on Friday, September 20th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, September 19th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 36.42%.

Insider Activity

In other news, Director Desiree Ralls-Morrison sold 3,489 shares of DICK’S Sporting Goods stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $206.65, for a total transaction of $721,001.85. Following the transaction, the director now directly owns 5,609 shares in the company, valued at approximately $1,159,099.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 32.03% of the stock is owned by insiders.

Hedge Funds Weigh In On DICK’S Sporting Goods

Several hedge funds have recently modified their holdings of DKS. V Square Quantitative Management LLC bought a new stake in shares of DICK’S Sporting Goods during the 1st quarter worth $25,000. ICA Group Wealth Management LLC bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $28,000. Covestor Ltd boosted its stake in shares of DICK’S Sporting Goods by 70.5% during the 1st quarter. Covestor Ltd now owns 133 shares of the sporting goods retailer’s stock worth $30,000 after acquiring an additional 55 shares in the last quarter. ORG Partners LLC bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $30,000. Finally, Innealta Capital LLC bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $31,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

About DICK’S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.