DICK’S Sporting Goods (NYSE:DKS) Updates FY 2026 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 11.000-12.000 for the period, compared to the consensus estimate of 14.540. The company issued revenue guidance of $21.9 billion-$22.2 billion, compared to the consensus revenue estimate of $22.1 billion.

DICK’S Sporting Goods Trading Down 28.4%

Shares of DICK’S Sporting Goods stock traded down $50.85 on Tuesday, hitting $128.48. The stock had a trading volume of 18,872,657 shares, compared to its average volume of 1,351,651. DICK’S Sporting Goods has a one year low of $129.06 and a one year high of $244.38. The stock’s 50-day simple moving average is $213.14 and its two-hundred day simple moving average is $211.25. The company has a quick ratio of 0.38, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. The stock has a market cap of $11.50 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 1.60 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.76 by ($0.23). DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The company had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the firm earned $4.38 EPS. The firm’s revenue for the quarter was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts predict that DICK’S Sporting Goods will post 14.24 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have commented on DKS shares. The Goldman Sachs Group restated a “buy” rating on shares of DICK’S Sporting Goods in a research report on Monday, August 3rd. DA Davidson restated a “buy” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a research note on Monday, August 17th. UBS Group upgraded DICK’S Sporting Goods from a “buy” rating to a “positive” rating in a research note on Monday, August 10th. Telsey Advisory Group raised their price objective on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. Finally, BTIG Research reaffirmed a “buy” rating and set a $300.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.88.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category growth, higher transactions and average ticket, and demand associated with the 2026 FIFA World Cup. Management maintained its core comparable-sales outlook of 2.5% to 4.0% growth. DICK’S Sporting Goods Second Quarter Results
• Positive Sentiment: Some analysts remain constructive: JPMorgan maintained an “overweight” rating while lowering its price target, and a CNBC contributor recently selected DICK’S as a preferred stock. Unusually heavy call-option buying before earnings also indicated speculative bullish interest. CNBC Final Trades
• Neutral Sentiment: Revenue increased 53.2% year over year to $5.59 billion, largely reflecting the Foot Locker acquisition, but the transaction also added dilution from 9.6 million newly issued shares. DICK’S Earnings Report
• Negative Sentiment: Non-GAAP earnings per share were $3.53, below the $3.76 consensus estimate and down from $4.38 a year earlier. Revenue also fell short of the $5.64 billion analyst forecast, intensifying concerns about profitability and execution. DICK’S Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: Foot Locker’s pro forma comparable sales declined 3.6%, with management citing challenging athletic-footwear conditions and increased promotional activity. The company cut Foot Locker’s full-year comparable-sales outlook to a range of negative 2.0% to 0.0% and lowered operating-income expectations for both businesses. DICK’S Misses Revenue Expectations

Institutional Investors Weigh In On DICK’S Sporting Goods

Several institutional investors have recently bought and sold shares of DKS. Measured Wealth Private Client Group LLC acquired a new position in DICK’S Sporting Goods during the 3rd quarter valued at approximately $48,000. Los Angeles Capital Management LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at about $49,000. Summit Securities Group LLC purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at about $60,000. UMB Bank n.a. raised its holdings in shares of DICK’S Sporting Goods by 13.7% during the 4th quarter. UMB Bank n.a. now owns 721 shares of the sporting goods retailer’s stock valued at $143,000 after buying an additional 87 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in DICK’S Sporting Goods by 5.9% during the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after purchasing an additional 55 shares during the period. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Company Profile

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.