DA Davidson Has Positive Forecast for DKS FY2025 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKSFree Report) – Research analysts at DA Davidson raised their FY2025 earnings per share (EPS) estimates for shares of DICK’S Sporting Goods in a report issued on Wednesday, November 27th. DA Davidson analyst M. Baker now expects that the sporting goods retailer will earn $13.80 per share for the year, up from their previous forecast of $13.73. DA Davidson currently has a “Buy” rating and a $265.00 target price on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.88 per share. DA Davidson also issued estimates for DICK’S Sporting Goods’ Q4 2025 earnings at $3.37 EPS.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last released its quarterly earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.07. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. The business had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the previous year, the company posted $2.85 earnings per share. DICK’S Sporting Goods’s revenue for the quarter was up .5% on a year-over-year basis.

A number of other equities analysts have also weighed in on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $260.00 price target on shares of DICK’S Sporting Goods in a research report on Tuesday. Evercore ISI reaffirmed an “outperform” rating and issued a $280.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. Barclays increased their price target on DICK’S Sporting Goods from $247.00 to $254.00 and gave the stock an “overweight” rating in a research note on Thursday, September 5th. TD Cowen upped their price objective on DICK’S Sporting Goods from $266.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Finally, Bank of America increased their target price on DICK’S Sporting Goods from $240.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.95.

Check Out Our Latest Stock Report on DICK’S Sporting Goods

DICK’S Sporting Goods Trading Up 0.7 %

DICK’S Sporting Goods stock opened at $213.70 on Thursday. DICK’S Sporting Goods has a 12-month low of $120.39 and a 12-month high of $239.30. The firm has a market capitalization of $17.40 billion, a price-to-earnings ratio of 15.68, a P/E/G ratio of 2.45 and a beta of 1.64. The firm has a 50 day moving average of $205.76 and a 200 day moving average of $210.64. The company has a current ratio of 1.77, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51.

DICK’S Sporting Goods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $1.10 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.06%. DICK’S Sporting Goods’s payout ratio is currently 32.28%.

Institutional Trading of DICK’S Sporting Goods

Several hedge funds have recently made changes to their positions in the business. Tidal Investments LLC lifted its holdings in shares of DICK’S Sporting Goods by 47.3% in the 3rd quarter. Tidal Investments LLC now owns 7,597 shares of the sporting goods retailer’s stock valued at $1,585,000 after acquiring an additional 2,441 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in DICK’S Sporting Goods during the third quarter valued at approximately $140,000. World Investment Advisors LLC bought a new stake in shares of DICK’S Sporting Goods in the 3rd quarter valued at approximately $211,000. Toronto Dominion Bank boosted its holdings in shares of DICK’S Sporting Goods by 29.1% in the 3rd quarter. Toronto Dominion Bank now owns 7,322 shares of the sporting goods retailer’s stock worth $1,528,000 after purchasing an additional 1,650 shares during the period. Finally, Coldstream Capital Management Inc. increased its position in shares of DICK’S Sporting Goods by 5.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 10,271 shares of the sporting goods retailer’s stock valued at $2,143,000 after purchasing an additional 553 shares during the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

About DICK’S Sporting Goods

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DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.

Further Reading

Earnings History and Estimates for DICK'S Sporting Goods (NYSE:DKS)

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