Shares of Dicks Sporting Goods Inc (NYSE:DKS) have earned an average rating of “Hold” from the twenty-eight research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $40.35.

Several research analysts recently weighed in on the company. ValuEngine upgraded Dicks Sporting Goods from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Royal Bank of Canada increased their price objective on Dicks Sporting Goods to $38.00 and gave the stock a “market perform” rating in a research report on Thursday, November 29th. Stifel Nicolaus reiterated a “hold” rating and issued a $34.00 price objective on shares of Dicks Sporting Goods in a research report on Monday, November 26th. Raymond James reiterated a “hold” rating on shares of Dicks Sporting Goods in a research report on Sunday, December 2nd. Finally, TheStreet upgraded Dicks Sporting Goods from a “c+” rating to a “b-” rating in a research report on Wednesday, November 28th.

Shares of DKS stock traded up $0.05 on Friday, hitting $33.35. The company had a trading volume of 100,240 shares, compared to its average volume of 1,882,306. The stock has a market cap of $3.36 billion, a PE ratio of 11.08, a price-to-earnings-growth ratio of 1.70 and a beta of 0.47. The company has a quick ratio of 0.19, a current ratio of 1.61 and a debt-to-equity ratio of 0.24. Dicks Sporting Goods has a twelve month low of $28.86 and a twelve month high of $39.75.

Dicks Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Wednesday, November 28th. The sporting goods retailer reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.13. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Dicks Sporting Goods had a return on equity of 18.10% and a net margin of 3.87%. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS. Sell-side analysts anticipate that Dicks Sporting Goods will post 3.23 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Friday, December 14th were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend was Thursday, December 13th. Dicks Sporting Goods’s dividend payout ratio (DPR) is 29.90%.

A number of large investors have recently added to or reduced their stakes in DKS. BlackRock Inc. raised its stake in shares of Dicks Sporting Goods by 1.5% in the third quarter. BlackRock Inc. now owns 7,004,228 shares of the sporting goods retailer’s stock valued at $248,511,000 after acquiring an additional 102,949 shares in the last quarter. Zuckerman Investment Group LLC acquired a new stake in shares of Dicks Sporting Goods in the third quarter valued at $7,584,000. FMR LLC raised its stake in shares of Dicks Sporting Goods by 504.5% in the third quarter. FMR LLC now owns 1,019,461 shares of the sporting goods retailer’s stock valued at $36,172,000 after acquiring an additional 850,809 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of Dicks Sporting Goods in the third quarter valued at $442,000. Finally, BBT Capital Management LLC acquired a new stake in shares of Dicks Sporting Goods in the third quarter valued at $858,000. Institutional investors own 80.41% of the company’s stock.

About Dicks Sporting Goods

Dick's Sporting Goods, Inc operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. The company also owns and operates Golf Galaxy, Field & Stream, and other specialty concept stores; and e-commerce Websites, as well as Dick's Team Sports HQ, a youth sports digital platform that offers free league management services, mobile apps for scheduling, communications and live scorekeeping, custom uniforms and fan wear, and access to donations and sponsorships.

Further Reading: What is Net Asset Value (NAV)?

Analyst Recommendations for Dicks Sporting Goods (NYSE:DKS)

Receive News & Ratings for Dicks Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dicks Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.