Wedbush Forecasts Reduced Earnings for DICK’S Sporting Goods

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at Wedbush reduced their FY2025 earnings per share estimates for DICK’S Sporting Goods in a report issued on Wednesday, November 27th. Wedbush analyst S. Basham now expects that the sporting goods retailer will post earnings of $13.78 per share for the year, down from their prior estimate of $13.87. 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 $13.88 per share. Wedbush also issued estimates for DICK’S Sporting Goods’ Q4 2025 earnings at $3.35 EPS, Q1 2026 earnings at $3.25 EPS, Q2 2026 earnings at $4.70 EPS, Q4 2026 earnings at $3.62 EPS, FY2026 earnings at $14.35 EPS and FY2027 earnings at $15.57 EPS.

Other equities research analysts have also recently issued reports about the stock. Evercore ISI reaffirmed an “outperform” rating and issued a $280.00 price objective on shares of DICK’S Sporting Goods in a research report on Thursday, September 5th. UBS Group raised DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $225.00 to $260.00 in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on DICK’S Sporting Goods from $211.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday, September 9th. Telsey Advisory Group restated an “outperform” rating and issued a $260.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday. Finally, TD Cowen raised their price target on shares of DICK’S Sporting Goods from $266.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $244.95.

DICK’S Sporting Goods Stock Up 0.7 %

DICK’S Sporting Goods stock opened at $213.70 on Thursday. The company has a 50 day moving average of $205.76 and a 200-day moving average of $210.64. 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 twelve month low of $120.39 and a twelve month high of $239.30. The stock has a market capitalization of $17.40 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.64.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.07. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. The business had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period in the previous year, the firm earned $2.85 EPS. DICK’S Sporting Goods’s quarterly revenue was up .5% compared to the same quarter last year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, December 13th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 32.28%.

Institutional Trading of DICK’S Sporting Goods

Several institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. boosted its stake in shares of DICK’S Sporting Goods by 5.5% during the 2nd quarter. Principal Financial Group Inc. now owns 239,451 shares of the sporting goods retailer’s stock worth $51,446,000 after acquiring an additional 12,396 shares during the period. Swedbank AB acquired a new stake in DICK’S Sporting Goods during the 1st quarter valued at $1,670,000. Kerusso Capital Management LLC bought a new position in DICK’S Sporting Goods during the third quarter worth $1,554,000. &PARTNERS acquired a new position in shares of DICK’S Sporting Goods in the second quarter valued at $309,000. Finally, National Pension Service acquired a new position in shares of DICK’S Sporting Goods in the third quarter valued at $4,195,000. 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.