DICK’S Sporting Goods (NYSE:DKS) Issues FY26 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) issued an update on its FY26 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $13.80-14.40 for the period, compared to the consensus estimate of $14.85. The company issued revenue guidance of $13.6-13.9 billion, compared to the consensus revenue estimate of $13.90 billion. DICK’S Sporting Goods also updated its FY 2025 guidance to 13.800-14.400 EPS.

DICK’S Sporting Goods Stock Performance

NYSE DKS opened at $199.20 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. DICK’S Sporting Goods has a twelve month low of $180.80 and a twelve month high of $254.60. The business has a 50-day moving average price of $230.77 and a 200-day moving average price of $218.94. The firm has a market cap of $16.23 billion, a price-to-earnings ratio of 14.24, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.15. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The company had revenue of $3.89 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same period in the previous year, the business earned $3.85 earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. As a group, equities research analysts predict that DICK’S Sporting Goods will post 13.89 EPS for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be given a $1.2125 dividend. This represents a $4.85 annualized dividend and a yield of 2.43%. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. DICK’S Sporting Goods’s payout ratio is currently 31.45%.

DICK’S Sporting Goods declared that its board has approved a stock buyback plan on Tuesday, March 11th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the sporting goods retailer to reacquire up to 18.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of research firms have recently weighed in on DKS. Telsey Advisory Group restated an “outperform” rating and issued a $260.00 target price on shares of DICK’S Sporting Goods in a report on Friday, March 7th. Wedbush reissued a “neutral” rating and set a $215.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday, March 6th. Stifel Nicolaus lowered their price objective on DICK’S Sporting Goods from $240.00 to $226.00 and set a “hold” rating for the company in a research note on Wednesday. TD Cowen boosted their target price on DICK’S Sporting Goods from $270.00 to $294.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Finally, Morgan Stanley raised their price target on DICK’S Sporting Goods from $245.00 to $255.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Eight analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $247.82.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, Director Lawrence J. Schorr sold 7,333 shares of the company’s stock in a transaction that occurred 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 sale, the director now owns 50,997 shares in the company, valued at approximately $11,808,355.35. This represents a 12.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $227.99, for a total transaction of $1,139,950.00. Following the transaction, the executive vice president now directly owns 16,504 shares of the company’s stock, valued at approximately $3,762,746.96. This trade represents a 23.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 172,933 shares of company stock valued at $39,655,456. Insiders own 32.03% 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.