DICK’S Sporting Goods (NYSE:DKS) Stock Rating Reaffirmed by Telsey Advisory Group

DICK’S Sporting Goods (NYSE:DKS)‘s stock had its “outperform” rating reissued by analysts at Telsey Advisory Group in a note issued to investors on Thursday, Benzinga reports. They presently have a $245.00 target price on the sporting goods retailer’s stock. Telsey Advisory Group’s price objective points to a potential upside of 28.97% from the stock’s current price. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q1 2026 earnings at $3.36 EPS, Q2 2026 earnings at $3.47 EPS, Q3 2026 earnings at $3.37 EPS and Q4 2026 earnings at $4.12 EPS.

A number of other research analysts also recently issued reports on the company. Morgan Stanley upped their price target on DICK’S Sporting Goods from $160.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, March 15th. Stifel Nicolaus boosted their price target on DICK’S Sporting Goods from $126.00 to $215.00 and gave the stock a “hold” rating in a research report on Friday, March 15th. Oppenheimer increased their price objective on DICK’S Sporting Goods from $190.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, March 20th. UBS Group increased their target price on DICK’S Sporting Goods from $142.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, March 19th. Finally, Robert W. Baird increased their price target on DICK’S Sporting Goods from $145.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, March 14th. Twelve equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $210.45.

DICK’S Sporting Goods Stock Performance

Shares of DKS opened at $189.97 on Thursday. The stock has a 50-day moving average price of $204.88 and a 200-day moving average price of $168.57. The company has a market cap of $15.66 billion, a PE ratio of 15.60, a price-to-earnings-growth ratio of 2.25 and a beta of 1.61. DICK’S Sporting Goods has a 12-month low of $100.98 and a 12-month high of $225.79. The company has a current ratio of 1.78, a quick ratio of 0.74 and a debt-to-equity ratio of 0.57.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Thursday, March 14th. The sporting goods retailer reported $3.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.35 by $0.50. The firm had revenue of $3.88 billion for the quarter, compared to analysts’ expectations of $3.79 billion. DICK’S Sporting Goods had a return on equity of 42.99% and a net margin of 8.06%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.93 earnings per share. As a group, equities analysts forecast that DICK’S Sporting Goods will post 13.27 earnings per share for the current fiscal year.

Insider Transactions at DICK’S Sporting Goods

In other news, CEO Lauren R. Hobart sold 40,167 shares of DICK’S Sporting Goods stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $223.95, for a total transaction of $8,995,399.65. Following the sale, the chief executive officer now owns 280,136 shares in the company, valued at $62,736,457.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Lauren R. Hobart sold 40,167 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $223.95, for a total value of $8,995,399.65. Following the transaction, the chief executive officer now owns 280,136 shares in the company, valued at approximately $62,736,457.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Navdeep Gupta sold 16,211 shares of the business’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $222.00, for a total value of $3,598,842.00. Following the completion of the transaction, the chief financial officer now owns 87,628 shares in the company, valued at approximately $19,453,416. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 209,763 shares of company stock worth $46,483,438. Corporate insiders own 32.03% of the company’s stock.

Hedge Funds Weigh In On DICK’S Sporting Goods

Institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers purchased a new stake in DICK’S Sporting Goods in the 1st quarter valued at approximately $1,697,000. Swedbank AB purchased a new stake in DICK’S Sporting Goods in the 1st quarter valued at approximately $1,670,000. Virtu Financial LLC boosted its holdings in DICK’S Sporting Goods by 1,056.3% in the 1st quarter. Virtu Financial LLC now owns 28,133 shares of the sporting goods retailer’s stock valued at $6,326,000 after purchasing an additional 25,700 shares in the last quarter. iA Global Asset Management Inc. purchased a new stake in DICK’S Sporting Goods in the 1st quarter valued at approximately $586,000. Finally, LBP AM SA purchased a new stake in DICK’S Sporting Goods in the 1st quarter valued at approximately $1,405,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

About DICK’S Sporting Goods

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.