DICK'S Sporting Goods (NYSE:DKS - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 26th. Analysts expect DICK'S Sporting Goods to post earnings of $2.68 per share for the quarter. DICK'S Sporting Goods has set its FY 2024 guidance at 13.550-13.900 EPS and its FY25 guidance at $13.55-$13.90 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.
DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its quarterly earnings data on Wednesday, September 4th. The sporting goods retailer reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $0.60. DICK'S Sporting Goods had a net margin of 8.46% and a return on equity of 45.14%. The firm had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.44 billion. During the same period in the previous year, the firm earned $2.82 EPS. DICK'S Sporting Goods's revenue was up 7.6% on a year-over-year basis. On average, analysts expect DICK'S Sporting Goods to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.
Shares of DICK'S Sporting Goods stock opened at $200.48 on Tuesday. DICK'S Sporting Goods has a one year low of $117.71 and a one year high of $239.30. The company has a market cap of $16.32 billion, a PE ratio of 14.71, a P/E/G ratio of 2.25 and a beta of 1.64. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.77. The business has a 50-day simple moving average of $206.50 and a 200-day simple moving average of $210.43.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 20th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend was Friday, September 20th. DICK'S Sporting Goods's dividend payout ratio is presently 32.28%.
A number of equities research analysts have weighed in on the company. Evercore ISI reiterated an "outperform" rating and issued a $280.00 price objective on shares of DICK'S Sporting Goods in a research note on Thursday, September 5th. Citigroup reduced their price objective on DICK'S Sporting Goods from $243.00 to $230.00 and set a "neutral" rating for the company in a research note on Thursday, September 5th. DA Davidson reiterated a "buy" rating and issued a $265.00 price objective on shares of DICK'S Sporting Goods in a research note on Thursday, September 5th. UBS Group boosted their price objective on DICK'S Sporting Goods from $220.00 to $225.00 and gave the company a "neutral" rating in a research note on Monday, August 26th. Finally, Loop Capital upped their price target on DICK'S Sporting Goods from $200.00 to $220.00 and gave the stock a "hold" rating in a research note on Thursday, September 5th. Nine research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $244.62.
Check Out Our Latest Analysis on 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.
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