DICK’S Sporting Goods (NYSE:DKS) Earns “Neutral” Rating from Wedbush

Wedbush restated their neutral rating on shares of DICK’S Sporting Goods (NYSE:DKS) in a research note issued to investors on Wednesday morning, Benzinga reports. They currently have a $230.00 price objective on the sporting goods retailer’s stock. Wedbush also issued estimates for DICK’S Sporting Goods’ Q2 2025 earnings at $3.57 EPS, Q3 2025 earnings at $3.00 EPS, Q4 2025 earnings at $3.71 EPS, FY2025 earnings at $13.58 EPS, Q1 2026 earnings at $3.25 EPS, Q2 2026 earnings at $3.85 EPS, Q3 2026 earnings at $3.25 EPS and FY2026 earnings at $14.40 EPS.

DKS has been the subject of several other reports. Barclays lifted their target price on DICK’S Sporting Goods from $231.00 to $247.00 and gave the company an overweight rating in a research note on Thursday, May 30th. Williams Trading raised DICK’S Sporting Goods from a hold rating to a buy rating and lifted their price objective for the stock from $154.00 to $235.00 in a research note on Thursday, March 14th. UBS Group lifted their target price on DICK’S Sporting Goods from $215.00 to $220.00 and gave the stock a neutral rating in a report on Thursday, May 30th. Bank of America upgraded DICK’S Sporting Goods from a neutral rating to a buy rating and lifted their target price for the stock from $225.00 to $240.00 in a report on Wednesday, May 29th. Finally, Loop Capital boosted their price target on DICK’S Sporting Goods from $150.00 to $220.00 and gave the company a hold rating in a report on Monday, March 18th. Eleven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus price target of $237.09.

DICK’S Sporting Goods Price Performance

Shares of DKS opened at $219.05 on Wednesday. The company has a market cap of $18.06 billion, a P/E ratio of 18.13, a PEG ratio of 2.50 and a beta of 1.62. The stock has a fifty day moving average price of $203.87 and a 200 day moving average price of $175.57. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.71 and a quick ratio of 0.65. DICK’S Sporting Goods has a 12 month low of $100.98 and a 12 month high of $229.56.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Wednesday, May 29th. The sporting goods retailer reported $3.30 earnings per share for the quarter, topping the consensus estimate of $2.94 by $0.36. The company had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.94 billion. DICK’S Sporting Goods had a return on equity of 41.80% and a net margin of 7.73%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.40 EPS. On average, research analysts forecast that DICK’S Sporting Goods will post 13.76 earnings per share for the current year.

DICK’S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $4.40 annualized dividend and a yield of 2.01%. DICK’S Sporting Goods’s payout ratio is currently 36.42%.

Insider Activity

In other DICK’S Sporting Goods news, CEO Lauren R. Hobart sold 40,167 shares of the company’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $223.95, for a total transaction of $8,995,399.65. Following the completion of the sale, the chief executive officer now owns 280,136 shares in the company, valued at $62,736,457.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, EVP Julie Lodge-Jarrett sold 4,910 shares of the firm’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $222.02, for a total transaction of $1,090,118.20. Following the sale, the executive vice president now directly owns 16,504 shares in the company, valued at approximately $3,664,218.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lauren R. Hobart sold 40,167 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $223.95, for a total transaction of $8,995,399.65. Following the completion of the sale, the chief executive officer now owns 280,136 shares of the company’s stock, valued at $62,736,457.20. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 214,673 shares of company stock valued at $47,573,557. 32.03% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently modified their holdings of the company. TFO Wealth Partners LLC lifted its holdings in shares of DICK’S Sporting Goods by 37,250.0% in the 4th quarter. TFO Wealth Partners LLC now owns 2,241 shares of the sporting goods retailer’s stock valued at $329,000 after buying an additional 2,235 shares during the period. SG Americas Securities LLC boosted its holdings in DICK’S Sporting Goods by 1,305.5% in the fourth quarter. SG Americas Securities LLC now owns 5,917 shares of the sporting goods retailer’s stock valued at $870,000 after purchasing an additional 5,496 shares during the last quarter. Todd Asset Management LLC lifted its holdings in DICK’S Sporting Goods by 129.6% during the 4th quarter. Todd Asset Management LLC now owns 144,050 shares of the sporting goods retailer’s stock worth $21,168,000 after buying an additional 81,313 shares during the last quarter. Franklin Resources Inc. lifted its holdings in DICK’S Sporting Goods by 22.0% during the 4th quarter. Franklin Resources Inc. now owns 118,140 shares of the sporting goods retailer’s stock worth $17,361,000 after buying an additional 21,342 shares during the last quarter. Finally, First Hawaiian Bank bought a new position in DICK’S Sporting Goods during the 4th quarter worth approximately $695,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

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.