Wedbush Equities Analysts Raise Earnings Estimates for DKS

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at Wedbush lifted their Q1 2026 earnings per share estimates for shares of DICK’S Sporting Goods in a research note issued on Thursday, March 6th. Wedbush analyst S. Basham now forecasts that the sporting goods retailer will post earnings of $3.34 per share for the quarter, up from their previous estimate of $3.25. Wedbush has a “Neutral” rating and a $215.00 price objective on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Wedbush also issued estimates for DICK’S Sporting Goods’ Q2 2026 earnings at $4.74 EPS, Q3 2026 earnings at $2.89 EPS, FY2026 earnings at $14.90 EPS and FY2028 earnings at $17.21 EPS.

A number of other brokerages have also commented on DKS. Telsey Advisory Group reissued an “outperform” rating and set a $260.00 price objective on shares of DICK’S Sporting Goods in a report on Tuesday, November 26th. Truist Financial upped their target price on DICK’S Sporting Goods from $256.00 to $258.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Argus upped their target price on DICK’S Sporting Goods from $255.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Loop Capital upped their target price on DICK’S Sporting Goods from $220.00 to $225.00 and gave the company a “hold” rating in a report on Wednesday, November 27th. Finally, TD Cowen upped their target price on DICK’S Sporting Goods from $270.00 to $294.00 and gave the company a “buy” rating in a report on Wednesday, January 8th. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.09.

DICK’S Sporting Goods Stock Performance

Shares of DICK’S Sporting Goods stock opened at $214.86 on Friday. DICK’S Sporting Goods has a one year low of $178.21 and a one year high of $254.60. The firm has a market capitalization of $17.51 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 2.47 and a beta of 1.57. The business has a 50-day simple moving average of $232.56 and a 200 day simple moving average of $219.65. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.72 and a quick ratio of 0.56.

Insider Buying and Selling

In related news, Director Lawrence J. Schorr sold 7,333 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total value of $1,697,956.15. Following the transaction, the director now owns 50,997 shares of the company’s stock, valued at $11,808,355.35. This represents a 12.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of the stock in a transaction on Friday, January 17th. The shares were sold at an average price of $227.99, for a total value of $1,139,950.00. Following the completion of the transaction, the executive vice president now directly owns 16,504 shares in the company, valued at approximately $3,762,746.96. This represents a 23.25 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 172,933 shares of company stock worth $39,655,456. Corporate insiders own 32.03% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Greenleaf Trust increased its stake in DICK’S Sporting Goods by 3.0% in the fourth quarter. Greenleaf Trust now owns 1,721 shares of the sporting goods retailer’s stock valued at $394,000 after acquiring an additional 50 shares during the last quarter. Independent Advisor Alliance increased its holdings in shares of DICK’S Sporting Goods by 5.4% in the fourth quarter. Independent Advisor Alliance now owns 1,026 shares of the sporting goods retailer’s stock worth $235,000 after buying an additional 53 shares during the period. CIBC Asset Management Inc increased its holdings in shares of DICK’S Sporting Goods by 1.7% in the third quarter. CIBC Asset Management Inc now owns 3,232 shares of the sporting goods retailer’s stock worth $675,000 after buying an additional 54 shares during the period. Atria Wealth Solutions Inc. increased its holdings in shares of DICK’S Sporting Goods by 2.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 2,521 shares of the sporting goods retailer’s stock worth $577,000 after buying an additional 54 shares during the period. Finally, EP Wealth Advisors LLC increased its holdings in shares of DICK’S Sporting Goods by 5.9% in the fourth quarter. EP Wealth Advisors LLC now owns 1,016 shares of the sporting goods retailer’s stock worth $232,000 after buying an additional 57 shares during the period. Institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

Dick’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.