Q3 EPS Forecast for DICK’S Sporting Goods Cut by Analyst

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Investment analysts at Zacks Research reduced their Q3 2027 earnings per share estimates for shares of DICK’S Sporting Goods in a research note issued on Tuesday, September 8th. Zacks Research analyst Team now anticipates that the sporting goods retailer will post earnings per share of $1.50 for the quarter, down from their previous estimate of $2.85. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $11.73 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q4 2027 earnings at $3.57 EPS, FY2027 earnings at $11.49 EPS, Q1 2028 earnings at $3.11 EPS, Q2 2028 earnings at $3.88 EPS, Q3 2028 earnings at $2.24 EPS, Q4 2028 earnings at $4.21 EPS, FY2028 earnings at $13.43 EPS and FY2029 earnings at $16.03 EPS.

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 the consensus estimate of $3.74 by ($0.21). The business had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. DICK’S Sporting Goods’s quarterly revenue was up 53.2% on a year-over-year basis. During the same period last year, the firm posted $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS.

Several other research analysts have also commented on the stock. Citigroup decreased their price objective on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Wells Fargo & Company reduced their price target on shares of DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 25th. BTIG Research decreased their price target on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. The Goldman Sachs Group lowered their price objective on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. cut their price objective on DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday, August 24th. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $167.20.

DICK’S Sporting Goods Stock Performance

NYSE:DKS opened at $133.57 on Thursday. The stock has a market cap of $11.95 billion, a P/E ratio of 14.35, a price-to-earnings-growth ratio of 1.53 and a beta of 1.11. The firm’s fifty day simple moving average is $189.51 and its 200 day simple moving average is $205.38. DICK’S Sporting Goods has a twelve month low of $120.40 and a twelve month high of $244.38. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33.

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of hedge funds and other institutional investors have recently bought and sold shares of DKS. Harbor Investment Advisory LLC bought a new position in shares of DICK’S Sporting Goods during the first quarter valued at approximately $30,000. Elyxium Wealth LLC purchased a new position in shares of DICK’S Sporting Goods during the fourth quarter valued at approximately $35,000. SHP Wealth Management bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter worth approximately $38,000. Fideuram Asset Management Ireland dac bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter worth approximately $44,000. Finally, Clearstead Advisors LLC boosted its position in shares of DICK’S Sporting Goods by 68.8% in the 4th quarter. Clearstead Advisors LLC now owns 243 shares of the sporting goods retailer’s stock worth $48,000 after purchasing an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Director Robert Eddy bought 4,000 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were purchased at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the acquisition, the director owned 10,886 shares in the company, valued at approximately $1,400,919.34. This represents a 58.09% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William Colombo bought 913 shares of DICK’S Sporting Goods stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average cost of $133.19 per share, for a total transaction of $121,602.47. Following the completion of the transaction, the director directly owned 181,000 shares in the company, valued at approximately $24,107,390. This trade represents a 0.51% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have bought 29,563 shares of company stock worth $3,843,882. Corporate insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.7%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 53.71%.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: Options traders purchased 6,416 DKS call contracts, approximately 13% above typical call volume of 5,668 contracts. The activity indicates increased speculative interest in a potential rebound, although options positioning does not guarantee further stock gains. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
• Neutral Sentiment: Several law firms reiterated that investors who purchased DKS shares between September 8, 2025, and August 24, 2026, may seek lead-plaintiff status in a securities class action. The deadline is November 3, 2026. These announcements largely repeat the same previously reported litigation and do not represent a court finding of wrongdoing. Kaplan Fox Securities Class Action Deadline
• Negative Sentiment: The shareholder lawsuit, filed in the U.S. District Court for the Western District of Pennsylvania, alleges violations of federal securities laws by DICK’S Sporting Goods and certain officers. The wave of investor-alert notices increases headline and potential legal risk for DKS, though the allegations remain unproven. ClaimsFiler DICK’S Sporting Goods Shareholder Alert
• Negative Sentiment: Zacks Research lowered its projected earnings per share for DKS’s first quarter of fiscal 2029 to $3.69 from $3.82 and its second-quarter estimate to $4.40 from $4.76. Zacks maintained a “Strong Sell” rating, reinforcing concerns about longer-term earnings momentum. DICK’S Sporting Goods Analyst Estimates

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.