DICK’S Sporting Goods, Inc. (NYSE:DKS) Receives $236.21 Consensus Price Target from Analysts

DICK’S Sporting Goods, Inc. (NYSE:DKS) has been given a consensus recommendation of “Moderate Buy” by the twenty brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $236.2105.

A number of research analysts have commented on DKS shares. Barclays boosted their target price on DICK’S Sporting Goods from $242.00 to $264.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. UBS Group reiterated a “buy” rating on shares of DICK’S Sporting Goods in a report on Tuesday, March 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research note on Monday, December 29th. Morgan Stanley dropped their price objective on DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Finally, DA Davidson set a $260.00 price objective on shares of DICK’S Sporting Goods in a research report on Monday, January 12th.

Institutional Investors Weigh In On DICK’S Sporting Goods

Institutional investors and hedge funds have recently modified their holdings of the business. Clearstead Advisors LLC boosted its holdings in DICK’S Sporting Goods by 46.9% in the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after purchasing an additional 46 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of DICK’S Sporting Goods in the third quarter worth about $33,000. Westside Investment Management Inc. lifted its position in shares of DICK’S Sporting Goods by 100.0% in the third quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock worth $35,000 after buying an additional 76 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth about $30,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of DICK’S Sporting Goods during the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Trading Up 1.5%

Shares of NYSE:DKS opened at $190.56 on Friday. The firm has a fifty day moving average of $205.05 and a two-hundred day moving average of $213.69. The firm has a market capitalization of $17.14 billion, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 2.69 and a beta of 1.23. DICK’S Sporting Goods has a 12-month low of $166.37 and a 12-month high of $237.31. The company has a quick ratio of 0.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.34.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The business had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $6.06 billion. During the same period in the prior year, the business posted $3.62 earnings per share. DICK’S Sporting Goods’s revenue for the quarter was up 59.9% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, equities analysts expect 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 10th. Stockholders of record on Friday, March 27th will be paid a dividend of $1.25 per share. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. The ex-dividend date is Friday, March 27th. This represents a $5.00 annualized dividend and a dividend yield of 2.6%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.46%.

About DICK’S Sporting Goods

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.