DICK’S Sporting Goods (NYSE:DKS) Reaches New 1-Year Low on Disappointing Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) shares hit a new 52-week low on Wednesday following a dissappointing earnings announcement. The stock traded as low as $124.00 and last traded at $124.31, with a volume of 38654696 shares traded. The stock had previously closed at $179.33.

The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.74 by ($0.21). The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business’s revenue was up 53.2% compared to the same quarter last year. During the same period in the prior year, the business earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS.

DICK’S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a $1.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.8%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.

More DICK’S Sporting Goods News

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: Analysts continue to view the selloff as an opportunity: Bank of America, DA Davidson and BTIG all maintained Buy ratings while lowering their price targets to $200, $205 and $180, respectively. These targets imply substantial potential upside from current levels. Analyst price-target updates
• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category gains, higher transactions and average ticket, and strong FIFA World Cup-related demand. Management retained its comparable-sales outlook for the DICK’S business. DICK’S second-quarter results
• Positive Sentiment: DICK’S declared a quarterly dividend of $1.25 per share, payable September 25 to shareholders of record September 11, supporting the stock’s income appeal. DICK’S dividend announcement
• Neutral Sentiment: Unusually high options activity and commentary that sellers may have capitulated suggest elevated trading interest and the possibility of a technical bounce, but also indicate unusually high volatility. DICK’S options activity
• Negative Sentiment: Second-quarter adjusted EPS of $3.53 and revenue of $5.59 billion missed consensus estimates, while EPS declined from $4.38 a year earlier. DICK’S earnings miss
• Negative Sentiment: Foot Locker comparable sales fell 3.6% as athletic footwear became more promotional. Higher discounts, integration costs and other expenses led management to cut operating-income expectations for both businesses and reduce fiscal 2026 EPS guidance to $11-$12, well below analyst expectations. DICK’S guidance reduction
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the guidance reduction and stock collapse. These notices may add reputational and legal overhang, although no wrongdoing has been established. DICK’S investor investigation notice

Wall Street Analyst Weigh In

Several analysts have issued reports on DKS shares. Barclays cut their price objective on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday. The Goldman Sachs Group decreased their target price on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday. Morgan Stanley dropped their target price on shares of DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a research report on Wednesday. Guggenheim restated a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday. Finally, KGI Securities downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price target for the company. in a research report on Wednesday. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.06.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Lido Advisors LLC increased its stake in DICK’S Sporting Goods by 3.9% during the 3rd 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 in the last quarter. Jacobi Capital Management LLC lifted its stake in shares of 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 buying an additional 51 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of DICK’S Sporting Goods by 2.4% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock valued at $453,000 after buying an additional 54 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of DICK’S Sporting Goods by 5.9% during the fourth quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after buying an additional 55 shares during the last quarter. Finally, PCB Capital LLC grew its holdings in shares of DICK’S Sporting Goods by 1.5% during the first quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock valued at $715,000 after buying an additional 55 shares during the last quarter. 89.83% of the stock is owned by institutional investors and hedge funds.

DICK’S Sporting Goods Trading Up 4.6%

The company has a quick ratio of 0.38, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The firm’s 50-day moving average price is $209.22 and its 200 day moving average price is $210.11. The company has a market capitalization of $11.64 billion, a P/E ratio of 13.97, a P/E/G ratio of 1.34 and a beta of 1.21.

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.