DICK’S Sporting Goods, Inc. (NYSE:DKS) SVP John Edward Hayes III sold 10,942 shares of DICK’S Sporting Goods stock in a transaction on Monday, January 11th. The shares were sold at an average price of $64.82, for a total value of $709,260.44. Following the transaction, the senior vice president now owns 32,991 shares in the company, valued at approximately $2,138,476.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

DICK’S Sporting Goods stock traded down $1.34 during trading hours on Wednesday, hitting $65.81. The stock had a trading volume of 1,401,780 shares, compared to its average volume of 2,550,698. The company has a 50-day moving average of $57.06 and a two-hundred day moving average of $52.96. The company has a quick ratio of 0.48, a current ratio of 1.40 and a debt-to-equity ratio of 0.19. DICK’S Sporting Goods, Inc. has a fifty-two week low of $13.46 and a fifty-two week high of $67.75. The company has a market cap of $5.90 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 1.56 and a beta of 1.65.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Monday, November 23rd. The sporting goods retailer reported $2.01 EPS for the quarter, topping the Zacks’ consensus estimate of $0.94 by $1.07. DICK’S Sporting Goods had a return on equity of 25.52% and a net margin of 4.20%. As a group, analysts forecast that DICK’S Sporting Goods, Inc. will post 6.36 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 29th. Shareholders of record on Friday, December 11th were given a $0.313 dividend. The ex-dividend date was Thursday, December 10th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.90%. DICK’S Sporting Goods’s dividend payout ratio is currently 33.88%.

Several hedge funds have recently made changes to their positions in DKS. FMR LLC raised its holdings in shares of DICK’S Sporting Goods by 32.4% in the 1st quarter. FMR LLC now owns 1,431,090 shares of the sporting goods retailer’s stock worth $52,679,000 after buying an additional 350,515 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of DICK’S Sporting Goods by 3.5% in the 2nd quarter. Bank of Montreal Can now owns 46,423 shares of the sporting goods retailer’s stock worth $1,800,000 after buying an additional 1,581 shares in the last quarter. Stifel Financial Corp acquired a new stake in DICK’S Sporting Goods during the 2nd quarter valued at $454,000. Man Group plc increased its holdings in DICK’S Sporting Goods by 140.3% during the 2nd quarter. Man Group plc now owns 49,764 shares of the sporting goods retailer’s stock valued at $2,054,000 after purchasing an additional 29,051 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new stake in DICK’S Sporting Goods during the 2nd quarter valued at $57,000. Institutional investors own 70.35% of the company’s stock.

DKS has been the topic of a number of research analyst reports. Credit Suisse Group lifted their price target on DICK’S Sporting Goods from $65.00 to $69.00 and gave the company a “neutral” rating in a report on Wednesday, November 25th. Zacks Investment Research upgraded DICK’S Sporting Goods from a “hold” rating to a “strong-buy” rating and set a $68.00 price target on the stock in a report on Monday, November 30th. Bank of America boosted their target price on DICK’S Sporting Goods from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, November 25th. Cleveland Research upgraded DICK’S Sporting Goods from a “neutral” rating to a “buy” rating in a research note on Friday, September 25th. Finally, Raymond James restated a “sell” rating on shares of DICK’S Sporting Goods in a research note on Friday, December 11th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $56.08.

About DICK’S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories.

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Insider Buying and Selling by Quarter for DICK`S Sporting Goods (NYSE:DKS)

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