Here are the three top-performing dividend stocks so far in June 2024. While the stock has pulled back since the end of April due to slumping crude oil prices, the shares look to have bottomed at $189 at the start of June and have since bounced higher. FANG stock looks to have a big catalyst ahead as Diamondback Energy completes its $26 billion acquisition of privately held Endeavour Energy. The purchase of Endeavour will make Diamondback Energy the third-largest oil producer in the Permian Basin of Texas. ...

Dick's Sporting Goods is one of 213 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. Within the past quarter, the Zacks Consensus Estimate for DKS' full-year earnings has moved 6.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is mor ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Dick's Sporting Goods (DKS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Dick's currently has an average brokerage recomme ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Investors might want to bet on Dick's Sporting Goods (DKS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the s ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended May 4, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-31463 DICK'S SPORTING GOODS, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of (I.R ...

Dick's Sporting Goods (DKS) reported $3.02 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 6.2%. EPS of $3.30 for the same period compares to $3.40 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.94 billion, representing a surprise of +2.58%. The company delivered an EPS surprise of +12.24%, with the consensus EPS estimate being $2.94. While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

Key Points Dick's Sporting Goods NYSE: DKS has everything an income investor could want, including business growth, outperformance, improving guidance, solid cash flows, a fortress balance sheet, and robust capital return. The latest results testify to that fact and point the market to new highs. The question now is if Dick's will hit the new high sooner or later, and the odds favor sooner. The market is up more than 5% in premarket trading, indicating a trend-following signal that could take this market to ...

Three-quarters of shoppers visit stores at some point in their purchasing journey, according to data from the PYMNTS Intelligence study "2024 Global Digital Shopping Index: U.S. Edition." The report, created in collaboration with Visa Acceptance Solutions and drawing from a survey of more than 2,400 United States consumers, found that 44% of consumers prefer to shop in stores without any digital engagement. Another 19% want to shop in stores with digital assistance, and 11% of shoppers like to place orders ...

In the fiscal first quarter, the SG&A expense rate of 24.6% expanded 20 bps year over year. SG&A expenses, in dollar terms, increased 7.1% to $743.4 million and beat our estimate of $719.2 million. DICK'S Sporting Goods, Inc. (DKS) posted impressive first-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Sales also improved year over year. Despite the challenging macroeconomic environment, the company has been benefiting from its strategic efforts and continued ...