DICK’S Sporting Goods, Inc. (DKS) To Go Ex-Dividend on March 27th

DICK’S Sporting Goods, Inc. (NYSE:DKS) announced a quarterly dividend on Wednesday, March 11th. Stockholders of record on Friday, March 27th will be given a dividend of 1.25 per share by the sporting goods retailer on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, March 27th. This is a 3.1% increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21.

DICK’S Sporting Goods has raised its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 11 years. DICK’S Sporting Goods has a payout ratio of 32.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect DICK’S Sporting Goods to earn $14.79 per share next year, which means the company should continue to be able to cover its $4.85 annual dividend with an expected future payout ratio of 32.8%.

DICK’S Sporting Goods Stock Performance

Shares of DKS stock opened at $197.17 on Friday. The company has a market cap of $17.74 billion, a PE ratio of 15.86, a P/E/G ratio of 2.54 and a beta of 1.23. DICK’S Sporting Goods has a 52 week low of $166.37 and a 52 week high of $237.31. The company’s fifty day simple moving average is $206.12 and its 200-day simple moving average is $214.45. The company has a current ratio of 1.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35.

DICK’S Sporting Goods (NYSE:DKS) last released its earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.02. The firm had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.06 billion. DICK’S Sporting Goods had a return on equity of 30.55% and a net margin of 6.86%.The company’s quarterly revenue was up 59.9% on a year-over-year basis. During the same period in the prior year, the company earned $3.62 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research analysts anticipate that DICK’S Sporting Goods will post 13.89 EPS for the current year.

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.