Wedbush Issues Pessimistic Outlook for DKS Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Analysts at Wedbush dropped their Q1 2026 earnings per share (EPS) estimates for shares of DICK’S Sporting Goods in a research note issued to investors on Wednesday, March 12th. Wedbush analyst S. Basham now expects that the sporting goods retailer will post earnings per share of $3.22 for the quarter, down from their prior forecast of $3.34. Wedbush has a “Neutral” rating and a $215.00 price target 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 $4.36 EPS, Q4 2026 earnings at $3.80 EPS, FY2026 earnings at $14.42 EPS and FY2027 earnings at $15.55 EPS.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $3.76 billion. During the same period last year, the business posted $3.85 EPS. DICK’S Sporting Goods’s revenue for the quarter was up .5% on a year-over-year basis.

A number of other equities analysts have also recently commented on the company. Loop Capital decreased their price objective on DICK’S Sporting Goods from $240.00 to $195.00 and set a “hold” rating for the company in a research note on Thursday, March 13th. Citigroup reiterated a “neutral” rating and issued a $220.00 price objective (down previously from $230.00) on shares of DICK’S Sporting Goods in a research note on Wednesday, March 12th. DA Davidson decreased their price objective on DICK’S Sporting Goods from $280.00 to $273.00 and set a “buy” rating for the company in a research note on Wednesday, March 12th. UBS Group upgraded DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $225.00 to $260.00 in a research note on Wednesday, November 27th. Finally, TD Cowen lifted their price objective on DICK’S Sporting Goods from $270.00 to $294.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Nine equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and a consensus target price of $245.50.

DICK’S Sporting Goods Stock Performance

Shares of DICK’S Sporting Goods stock opened at $193.39 on Monday. The business has a 50-day moving average of $227.28 and a 200 day moving average of $217.45. DICK’S Sporting Goods has a 12 month low of $182.84 and a 12 month high of $254.60. The stock has a market capitalization of $15.76 billion, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.72 and a quick ratio of 0.56.

DICK’S Sporting Goods announced that its board has authorized a share buyback plan on Tuesday, March 11th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the sporting goods retailer to repurchase up to 18.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

DICK’S Sporting Goods Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be given a dividend of $1.2125 per share. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Friday, March 28th. This represents a $4.85 annualized dividend and a yield of 2.51%. DICK’S Sporting Goods’s payout ratio is 34.54%.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Director Lawrence J. Schorr sold 7,333 shares of DICK’S Sporting Goods 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 transaction, the director now directly owns 50,997 shares in the company, valued at approximately $11,808,355.35. This trade represents a 12.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 value of $1,139,950.00. Following the completion of the transaction, the executive vice president now owns 16,504 shares in the company, valued at $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. In the last ninety days, insiders have sold 172,933 shares of company stock worth $39,655,456. 32.03% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Brooklyn Investment Group purchased a new stake in shares of DICK’S Sporting Goods in the third quarter valued at approximately $27,000. Park Square Financial Group LLC purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at approximately $27,000. New Wave Wealth Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at approximately $28,000. Ancora Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at approximately $28,000. Finally, Rialto Wealth Management LLC purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at approximately $30,000. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

About DICK’S Sporting Goods

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.