DICK’S Sporting Goods, Inc. (DKS) To Go Ex-Dividend on June 12th

DICK’S Sporting Goods, Inc. (NYSE:DKS) announced a quarterly dividend on Tuesday, May 26th. Shareholders of record on Friday, June 12th will be given a dividend of 1.25 per share by the sporting goods retailer on Friday, June 26th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, June 12th.

DICK’S Sporting Goods has increased its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 11 consecutive years. DICK’S Sporting Goods has a payout ratio of 33.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect DICK’S Sporting Goods to earn $16.26 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 30.8%.

DICK’S Sporting Goods Price Performance

NYSE:DKS opened at $220.00 on Wednesday. DICK’S Sporting Goods has a 12 month low of $170.73 and a 12 month high of $237.75. The stock has a 50 day moving average of $217.21 and a two-hundred day moving average of $209.90. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. The firm has a market cap of $19.59 billion, a P/E ratio of 20.91, a price-to-earnings-growth ratio of 1.86 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 23.41% and a net margin of 4.71%.The firm had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter last year, the firm posted $3.37 earnings per share. DICK’S Sporting Goods’s quarterly revenue was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, analysts expect that DICK’S Sporting Goods will post 14.24 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Chairman Edward W. Stack sold 210,478 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total value of $41,609,395.82. Following the transaction, the chairman directly owned 6,549,026 shares in the company, valued at approximately $1,294,676,949.94. This represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $223.56, for a total value of $925,538.40. Following the completion of the transaction, the executive vice president owned 24,757 shares in the company, valued at $5,534,674.92. This represents a 14.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 28.91% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC lifted 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 valued at $32,000 after acquiring an additional 46 shares during the last quarter. Jacobi Capital Management LLC raised its position in DICK’S Sporting Goods by 4.5% in the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock valued at $235,000 after purchasing an additional 51 shares during the period. Lido Advisors LLC raised its position in DICK’S Sporting Goods by 3.9% in the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after purchasing an additional 51 shares during the period. Bath Savings Trust Co raised its position in DICK’S Sporting Goods by 0.4% in the fourth quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer’s stock valued at $2,448,000 after purchasing an additional 53 shares during the period. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO raised its position in DICK’S Sporting Goods by 0.3% in the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 16,458 shares of the sporting goods retailer’s stock valued at $3,258,000 after purchasing an additional 54 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.

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.