Zacks Research Comments on DICK’S Sporting Goods, Inc.’s Q2 2026 Earnings (NYSE:DKS)

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Zacks Research upped their Q2 2026 EPS estimates for shares of DICK’S Sporting Goods in a research note issued on Wednesday, September 18th. Zacks Research analyst R. Department now expects that the sporting goods retailer will earn $4.41 per share for the quarter, up from their prior estimate of $3.93. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q3 2026 earnings at $2.94 EPS and Q2 2027 earnings at $4.61 EPS.

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, beating the consensus estimate of $3.77 by $0.60. The business had revenue of $3.47 billion during the quarter, compared to analyst estimates of $3.44 billion. DICK’S Sporting Goods had a net margin of 8.46% and a return on equity of 45.14%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.82 earnings per share.

DKS has been the topic of a number of other research reports. UBS Group lifted their price target on DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. Barclays boosted their price target on shares of DICK’S Sporting Goods from $247.00 to $254.00 and gave the company an “overweight” rating in a report on Thursday, September 5th. Telsey Advisory Group lifted their price objective on shares of DICK’S Sporting Goods from $255.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. DA Davidson restated a “buy” rating and issued a $265.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. Finally, Morgan Stanley lifted their price target on DICK’S Sporting Goods from $235.00 to $245.00 and gave the company an “overweight” rating in a report on Thursday, May 30th. Ten analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and a consensus target price of $244.62.

DICK’S Sporting Goods Stock Performance

Shares of NYSE DKS opened at $216.87 on Monday. The stock’s fifty day simple moving average is $215.70 and its 200 day simple moving average is $211.19. The stock has a market capitalization of $17.67 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 2.39 and a beta of 1.64. The company has a quick ratio of 0.69, a current ratio of 1.77 and a debt-to-equity ratio of 0.51. DICK’S Sporting Goods has a 52-week low of $100.98 and a 52-week high of $239.30.

Institutional Investors Weigh In On DICK’S Sporting Goods

Hedge funds have recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of DICK’S Sporting Goods by 755.4% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,000 shares of the sporting goods retailer’s stock worth $2,363,000 after purchasing an additional 9,714 shares during the last quarter. American Trust acquired a new position in shares of DICK’S Sporting Goods during the second quarter worth approximately $309,000. Sanctuary Advisors LLC bought a new stake in shares of DICK’S Sporting Goods in the second quarter valued at approximately $15,129,000. Cetera Investment Advisers grew its stake in shares of DICK’S Sporting Goods by 54.6% in the second quarter. Cetera Investment Advisers now owns 11,672 shares of the sporting goods retailer’s stock worth $2,508,000 after acquiring an additional 4,124 shares during the last quarter. Finally, Truist Financial Corp increased its position in DICK’S Sporting Goods by 1.1% during the second quarter. Truist Financial Corp now owns 18,055 shares of the sporting goods retailer’s stock worth $3,879,000 after acquiring an additional 198 shares during the period. 89.83% of the stock is currently owned by institutional investors.

Insider Activity

In other DICK’S Sporting Goods news, Director Desiree Ralls-Morrison sold 3,489 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now owns 5,609 shares of the company’s stock, valued at $1,159,099.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 32.03% of the stock is currently owned by insiders.

DICK’S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Stockholders of record on Friday, September 20th will be paid a dividend of $1.10 per share. The ex-dividend date is Friday, September 20th. This represents a $4.40 annualized dividend and a dividend yield of 2.03%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 36.42%.

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.