Telsey Advisory Group restated their outperform rating on shares of DICK’S Sporting Goods (NYSE:DKS – Free Report) in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has a $260.00 target price on the sporting goods retailer’s stock. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q3 2025 earnings at $2.75 EPS.
DKS has been the subject of a number of other reports. Evercore ISI reaffirmed an “outperform” rating and issued a $280.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, September 5th. Citigroup reduced their price objective on DICK’S Sporting Goods from $243.00 to $230.00 and set a “neutral” rating on the stock in a report on Thursday, September 5th. Wells Fargo & Company dropped their target price on DICK’S Sporting Goods from $230.00 to $227.00 and set an “equal weight” rating for the company in a research report on Monday, August 12th. UBS Group raised their price target on DICK’S Sporting Goods from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Finally, Robert W. Baird reissued a “neutral” rating and set a $235.00 price objective on shares of DICK’S Sporting Goods in a report on Wednesday, August 28th. Eight investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $244.95.
Check Out Our Latest Report on DKS
DICK’S Sporting Goods Stock Down 3.0 %
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The sporting goods retailer reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.07. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The company had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the previous year, the firm earned $2.85 earnings per share. The business’s revenue was up .5% on a year-over-year basis. As a group, sell-side analysts predict that DICK’S Sporting Goods will post 13.88 EPS for the current fiscal year.
DICK’S Sporting Goods Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.12%. The ex-dividend date is Friday, December 13th. DICK’S Sporting Goods’s payout ratio is presently 31.45%.
Hedge Funds Weigh In On DICK’S Sporting Goods
Several institutional investors have recently modified their holdings of the business. Brooklyn Investment Group bought a new stake in DICK’S Sporting Goods in the 3rd quarter valued at $27,000. ICA Group Wealth Management LLC bought a new stake in shares of DICK’S Sporting Goods in the second quarter valued at about $28,000. ORG Partners LLC acquired a new position in shares of DICK’S Sporting Goods during the second quarter worth about $30,000. ORG Wealth Partners LLC bought a new position in shares of DICK’S Sporting Goods during the third quarter worth about $30,000. Finally, Innealta Capital LLC acquired a new stake in DICK’S Sporting Goods in the 2nd quarter valued at approximately $31,000. Institutional investors own 89.83% of the company’s stock.
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.
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