DICK’S Sporting Goods (NYSE:DKS) Director Mark Barrenechea Acquires 17,000 Shares

DICK’S Sporting Goods, Inc. (NYSE:DKS) Director Mark Barrenechea acquired 17,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average price of $130.72 per share, with a total value of $2,222,240.00. Following the transaction, the director owned 25,977 shares in the company, valued at $3,395,713.44. This represents a 189.37% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

DICK’S Sporting Goods Stock Performance

Shares of DICK’S Sporting Goods stock opened at $135.09 on Friday. The stock’s fifty day simple moving average is $205.27 and its 200 day simple moving average is $209.05. The company has a current ratio of 1.49, a quick ratio of 0.38 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $12.09 billion, a PE ratio of 14.51, a PEG ratio of 1.39 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a 12 month low of $120.40 and a 12 month high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the firm posted $4.38 earnings per share. The firm’s revenue was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, research analysts predict that DICK’S Sporting Goods, Inc. will post 11.75 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is presently 53.71%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Robert W. Baird reduced their price target on shares of DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday. Morgan Stanley lowered their target price on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday. Truist Financial downgraded DICK’S Sporting Goods from a “buy” rating to a “hold” rating and dropped their price target for the company from $270.00 to $135.00 in a research note on Wednesday. Barclays reduced their price objective on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Guggenheim reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, DICK’S Sporting Goods presently has an average rating of “Moderate Buy” and an average target price of $170.22.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC bought a new stake in DICK’S Sporting Goods during the first quarter worth about $30,000. Laurel Wealth Advisors LLC acquired a new stake in DICK’S Sporting Goods in the fourth quarter valued at $34,000. Elyxium Wealth LLC acquired a new stake in DICK’S Sporting Goods in the fourth quarter valued at $35,000. SHP Wealth Management bought a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at about $38,000. Finally, Torren Management LLC bought a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at about $41,000. Institutional investors own 89.83% of the company’s stock.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: Several directors made sizable open-market purchases after the earnings-related decline. William J. Colombo bought 6,100 shares for roughly $785,500, Mark J. Barrenechea purchased 17,000 shares for about $2.2 million, Robert W. Eddy bought 4,000 shares, and Sandeep Mathrani acquired 1,550 shares. The transactions may signal that company insiders view the selloff as excessive. SEC insider filing
• Positive Sentiment: Oppenheimer maintained a Buy rating, and Citigroup retained a Buy rating despite reducing its price target to $190 from $280. The new target still implies substantial potential upside from current trading levels. Analyst price target report
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations, including Kaplan Fox, Block & Leviton, BFA Law, Levi & Korsinsky and Pomerantz. These notices are investor solicitations and do not establish that DICK’S violated any law, but they add reputational and litigation risk. Kaplan Fox investigation notice
• Negative Sentiment: DICK’S reported quarterly earnings of $3.53 per share versus the $3.74 consensus estimate, while revenue of $5.59 billion also fell short of expectations. Earnings declined from $4.38 per share a year earlier, intensifying concerns about profitability despite strong reported revenue growth.
• Negative Sentiment: Telsey downgraded the stock to Market Perform and slashed its price target to $145 from $255. DA Davidson and BTIG also issued pessimistic forecasts, reinforcing concerns about the company’s outlook. Analyst downgrade report

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.