Key Points
- Chairman Edward Stack sold 210,478 shares on March 31 at an average price of $197.69 for about $41.61 million, trimming his stake by 3.11% to 6,549,026 shares valued at roughly $1.295 billion.
- DICK'S raised its quarterly dividend to $1.25 (a $5.00 annualized payout) with an ex-dividend date of March 27 and a yield of about 2.6%, up from the prior $1.21 quarterly payment.
- Q4 results beat expectations: EPS of $3.45 (vs. $3.43 consensus) and revenue of $6.23 billion (vs. $6.06B), and the company set FY2026 guidance of $13.50–$14.50 in EPS (analysts expect ~13.89).
DICK'S Sporting Goods, Inc. (NYSE:DKS - Get Free Report) Chairman Edward Stack sold 210,478 shares of the company's stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total value of $41,609,395.82. Following the transaction, the chairman directly owned 6,549,026 shares of the company's stock, valued at approximately $1,294,676,949.94. The trade was a 3.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
DICK'S Sporting Goods Price Performance
Shares of NYSE DKS opened at $191.67 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. The firm has a fifty day moving average of $200.15 and a 200 day moving average of $211.49. The firm has a market cap of $17.24 billion, a PE ratio of 18.75, a PEG ratio of 2.73 and a beta of 1.21. DICK'S Sporting Goods, Inc. has a one year low of $166.37 and a one year high of $237.31.
DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released its earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, topping analysts' consensus estimates of $3.43 by $0.02. The business had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $6.06 billion. DICK'S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The company's quarterly revenue was up 59.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.62 earnings per share. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, research analysts predict that DICK'S Sporting Goods, Inc. will post 13.89 EPS for the current fiscal year.
DICK'S Sporting Goods Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $5.00 annualized dividend and a yield of 2.6%. This is an increase from DICK'S Sporting Goods's previous quarterly dividend of $1.21. DICK'S Sporting Goods's dividend payout ratio is currently 48.92%.
Institutional Investors Weigh In On DICK'S Sporting Goods
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Guggenheim Capital LLC lifted its stake in shares of DICK'S Sporting Goods by 0.4% in the 2nd quarter. Guggenheim Capital LLC now owns 11,829 shares of the sporting goods retailer's stock valued at $2,340,000 after purchasing an additional 46 shares during the last quarter. Clearstead Advisors LLC lifted its position in DICK'S Sporting Goods by 46.9% in the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer's stock valued at $32,000 after buying an additional 46 shares during the last quarter. Jacobi Capital Management LLC boosted its stake in DICK'S Sporting Goods by 4.5% during the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer's stock worth $235,000 after buying an additional 51 shares during the period. Lido Advisors LLC increased its position in shares of DICK'S Sporting Goods by 3.9% during the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer's stock valued at $302,000 after acquiring an additional 51 shares during the last quarter. Finally, Bath Savings Trust Co raised its stake in shares of DICK'S Sporting Goods by 0.4% in the 4th quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer's stock valued at $2,448,000 after acquiring an additional 53 shares during the period. Institutional investors and hedge funds own 89.83% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on DKS. The Goldman Sachs Group reiterated a "buy" rating on shares of DICK'S Sporting Goods in a research report on Monday, January 5th. Barclays raised their target price on shares of DICK'S Sporting Goods from $242.00 to $264.00 and gave the stock an "overweight" rating in a research note on Friday, March 13th. Weiss Ratings reiterated a "hold (c+)" rating on shares of DICK'S Sporting Goods in a research report on Friday, March 27th. Truist Financial lowered their price objective on DICK'S Sporting Goods from $275.00 to $252.00 and set a "buy" rating on the stock in a research note on Thursday, March 12th. Finally, UBS Group reaffirmed a "buy" rating on shares of DICK'S Sporting Goods in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, DICK'S Sporting Goods currently has an average rating of "Moderate Buy" and an average price target of $236.21.
Get Our Latest Stock Analysis on DICK'S Sporting Goods
DICK'S Sporting Goods Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
