DICK’S Sporting Goods’ (DKS) Neutral Rating Reiterated at Wedbush

Wedbush reiterated their neutral rating on shares of DICK’S Sporting Goods (NYSE:DKS) in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a $215.00 price objective on the sporting goods retailer’s stock. Wedbush also issued estimates for DICK’S Sporting Goods’ Q4 2025 earnings at $3.64 EPS, FY2025 earnings at $14.07 EPS, Q3 2026 earnings at $3.04 EPS, Q4 2026 earnings at $3.93 EPS, FY2027 earnings at $15.91 EPS and FY2028 earnings at $16.83 EPS.

Several other brokerages have also recently weighed in on DKS. Citigroup reiterated a “neutral” rating and issued a $220.00 price objective (down previously from $230.00) on shares of DICK’S Sporting Goods in a research note on Wednesday. Loop Capital increased their price objective on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “hold” rating in a research note on Wednesday, November 27th. UBS Group upgraded shares of DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $225.00 to $260.00 in a research note on Wednesday, November 27th. Stifel Nicolaus decreased their target price on shares of DICK’S Sporting Goods from $240.00 to $226.00 and set a “hold” rating on the stock in a research note on Wednesday. Finally, Truist Financial set a $245.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $245.57.

DICK’S Sporting Goods Price Performance

DKS opened at $194.74 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.56 and a current ratio of 1.72. The stock has a market capitalization of $15.87 billion, a P/E ratio of 13.92, a P/E/G ratio of 2.47 and a beta of 1.53. The company’s 50-day simple moving average is $228.59 and its two-hundred day simple moving average is $218.26. DICK’S Sporting Goods has a 52-week low of $182.84 and a 52-week high of $254.60.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.15. The business had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.76 billion. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.85 EPS. As a group, analysts predict that DICK’S Sporting Goods will post 13.89 EPS for the current year.

DICK’S Sporting Goods declared that its board has authorized a share repurchase plan on Tuesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the sporting goods retailer to purchase up to 18.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

DICK’S Sporting Goods Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued a $1.2125 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.49%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 31.45%.

Insider Activity at DICK’S Sporting Goods

In other news, Chairman Edward W. Stack sold 160,600 shares of DICK’S Sporting Goods stock in a transaction on Monday, January 6th. The stock was sold at an average price of $229.25, for a total transaction of $36,817,550.00. Following the completion of the sale, the chairman now directly owns 8,362,128 shares in the company, valued at approximately $1,917,017,844. This trade represents a 1.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lawrence J. Schorr sold 7,333 shares of DICK’S Sporting Goods stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total value of $1,697,956.15. Following the sale, the director now owns 50,997 shares of the company’s stock, valued at approximately $11,808,355.35. This trade represents a 12.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 172,933 shares of company stock valued at $39,655,456. 32.03% of the stock is owned by corporate insiders.

Institutional Trading of DICK’S Sporting Goods

Several institutional investors and hedge funds have recently made changes to their positions in DKS. Brooklyn Investment Group purchased a new position in DICK’S Sporting Goods in the third quarter valued at about $27,000. Park Square Financial Group LLC purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at about $27,000. New Wave Wealth Advisors LLC purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at about $28,000. Ancora Advisors LLC purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at about $28,000. Finally, Rialto Wealth Management LLC purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at about $30,000. 89.83% of the stock is currently owned by institutional investors.

About DICK’S Sporting Goods

Dick’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.