Telsey Advisory Group Weighs in on DICK’S Sporting Goods, Inc.’s FY2025 Earnings (NYSE:DKS)

DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Rating) – Investment analysts at Telsey Advisory Group have released their estimates of fiscal 2025 earnings per share for shares of DICK’S Sporting Goods in a research note published on Friday, March 19. Released to investors in August. Telsey Advisory Group analyst J. Feldman expects the sporting goods retailer to earn $13.55 per share for the year. Telsey Advisory Group has an Outperform rating and a price target of $125.00 on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $10.78 per share.

DICK’S Sporting Goods (NYSE:DKS – Get Rating) last released its quarterly earnings data on Wednesday, May 25th. The sporting goods retailer reported earnings per share of $2.85 for the quarter, beating analysts’ consensus estimate of $2.43 by $0.42. DICK’S Sporting Goods had a net margin of 11.75% and a return on equity of 58.42%. The company made $2.70 billion in revenue for the quarter, compared to analysts’ expectations of $2.63 billion. In the same period last year, the company posted $3.79 per share. The company’s revenue fell 7.5% year over year in the quarter.

Other analysts have also issued research reports on the stock. Wedbush lowered its price target on shares of DICK’S Sporting Goods from $140.00 to $110.00 in a report on Thursday, May 26. Cowen raised his target price on DICK’S Sporting Goods shares to $128.00 from $126.00 and gave the stock an outperform rating in a report Wednesday, August 17. Citigroup lowered its target price on DICK’S Sporting Goods to $132.00 from $170.00 and gave the stock a buy rating in a research report on Thursday, May 26. Stifel Nicolaus increased his target price on DICK’S Sporting Goods from $75.00 to $84.00 in a research report on Wednesday, July 20. Finally, Barclays lowered its target price on DICK’S Sporting Goods to $106.00 from $134.00 and ranked the stock as “overweight” in a research report on Thursday, May 26. One research analyst has rated the stock with a sell rating, nine with a hold rating and nine with a buy rating. According to MarketBeat, the company currently has an average rating of Hold and an average target price of $116.47.

DICK’S sporting goods retail down 1.3%

NYSE DKS opened at $111.05 on Monday. The company’s 50-day moving average price is $89.12 and its 200-day moving average price is $95.78. The company has a market cap of $8.94 billion, a price-to-earnings ratio of 8.58, a price-to-earnings-to-growth ratio of 2.06 and a beta of 1.63. DICK’S Sporting Goods has a 12-month low of $63.45 and a 12-month high of $147.39. The company has a debt to equity ratio of 0.89, a current ratio of 1.88 and a quick ratio of 0.87.

Hedge funds rely on sporting goods from DICK

Major investors have recently increased or reduced their stakes in the company. Mercer Global Advisors Inc. ADV increased its holding in DICK’S Sporting Goods by 33.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,659 shares of the sporting goods retailer, valued at $766,000, after purchasing an additional 1,676 shares last quarter. Envestnet Asset Management Inc. increased its position in DICK’S Sporting Goods by 40.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 96,971 shares of the sporting goods retailer, valued at $11,151,000, after purchasing an additional 27,981 shares during the period. Victory Capital Management Inc. increased its stake in DICK’S Sporting Goods by 24.8% in the fourth quarter. Victory Capital Management Inc. now owns 77,308 shares of the sporting goods retailer, valued at $8,890,000, after purchasing an additional 15,368 shares last quarter. ProShare Advisors LLC increased its holding in shares of DICK’S Sporting Goods by 27.6% during the fourth quarter. ProShare Advisors LLC now owns 6,186 shares of the sporting goods retailer, valued at $711,000, having purchased an additional 1,339 shares during the period. Finally, Versor Investments LP increased its stake in DICK’S Sporting Goods by 48.4% during the fourth quarter. Versor Investments LP now owns 4,654 shares of the sporting goods retailer, valued at $535,000, after purchasing an additional 1,518 shares last quarter. Institutional investors and hedge funds own 78.92% of the company’s shares.

Insider activities at DICK’S Sporting Goods

In related news, Director William J. Colombo acquired 5,000 shares of the company in a transaction Tuesday, May 31. The stock was purchased at an average price of $80.99 per share for a total transaction of $404,950.00. Following the purchase, the Director now owns 162,003 shares of the Company, valued at approximately $13,120,622.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed at this link. In other news from DICK’S Sporting Goods, SVP John Edward Hayes III sold 1,200 shares of DICK’S Sporting Goods in a transaction that took place on Thursday, May 26th. The stock sold at an average price of $84.57 for a total value of $101,484.00. Following the transaction, the senior vice president now directly owns 34,231 shares of the company, valued at approximately $2,894,915.67. The sale was disclosed in a document filed with the SEC, which can be accessed at this link. In addition, Director William J. Colombo purchased 5,000 shares of DICK’S Sporting Goods in a transaction dated Tuesday, May 31. The stock was acquired at an average price of $80.99 per share for a total value of $404,950.00. Upon completion of the transaction, the Director now directly owns 162,003 shares of the Company, valued at approximately $13,120,622.97. The disclosure for this purchase can be found here. Insiders own 32.83% of the company’s shares.

DICK’S Sporting Goods announces dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 24th. Investors of record were paid a dividend of $0.488 on Friday June 10th. The ex-dividend date of this dividend was Thursday June 9th. That equates to an annual dividend of $1.95 and a yield of 1.76%. The payout ratio of DICK’S Sporting Goods is currently 15.07%.

DICK’S Sporting Goods Company Profile

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DICK’S Sporting Goods, Inc, along with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The Company offers hardlines including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; Clothing; and shoes and accessories.

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