Dick’s Sporting Goods Inc (DKS) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Dick’s Sporting Goods Inc stock $202, price $141, upside +42.9%, quality 47 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $64.42 – $241.35 · fair‑value band $123.67 – $262.11 · the $141.07 price screens below the $201.62 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; and apparel.
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The company also offers footwear and accessories, such as athletic shoes for running, walking, tennis, fitness and cross training, basketball, and hiking; and specialty footwear comprising casual footwear and a complete line of cleats for team sports.
In addition, it owns and operates Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, and Going Going Gone! specialty concept stores; and DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for live streaming, scheduling, communications, and scorekeeping.
Further, the company owns and operates Foot Locker, which includes Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos banners. It offers its products online, as well as through its mobile apps.
The company was formerly known as Dick'S Clothing and Sporting Goods, Inc. and changed its name to DICK'S Sporting Goods, Inc. in April 1999. DICK'S Sporting Goods, Inc. was incorporated in 1948 and is headquartered in Coraopolis, Pennsylvania.
Stock analysis
Dick’s Sporting Goods Inc (DKS) currently trades at $141.07, while our model-based Fair Value estimate is $201.62, implying the stock looks roughly 30% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $207.17 per share, and 16 of the 26 models we run sit above the $141.07 price.
Bear case: the Asset-Based group reads lowest at $34.93, and 10 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $123.67 (bear) to $262.11 (bull), the price of $141.07 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Dick’s Sporting Goods Inc reported revenue of $17.2B in FY2026 versus $12.3B in FY2022, a compound +8.8%/yr. Reported net income was $849M in FY2026, compounding −13.5%/yr from FY2022.
Key figures
Market cap $14.0B Large · P/E ratio 15.5 · P/S ratio 0.66 · EPS (TTM) $9.14 · Dividend yield 3.5% · Net margin 4.0% · Return on equity 18.5% · Return on assets (EBIT) 14.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 41% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −12% fair-value upside, at 43%, DKS screens cheaper than that median.
Fair Value models
Bear$123.67Fair Value $201.62Bull$262.11
Price $141.07 · Upside +42.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 9 months old). Earnings retained since then ($3.22 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 7 officers or directors bought shares worth $5.6M, most recently on Sep 30, 2026. Over the same period, one person sold shares worth $4.6M. Buying cluster
BuyLarry Fitzgerald Jr.Director1,860 shares at $131.67$244,906Sep 23, 2026
BuyNavdeep GuptaEVP, Chief Financial Officer7,707 shares at $129.75$999,983Sep 22, 2026
BuyWilliam J ColomboDirector2× since Aug 26, 2026: 7,013 shares, avg. $129.35$907,102Sep 1, 2026
BuyMark J BarrenecheaDirector17,000 shares at $130.72$2.2MAug 27, 2026
BuySandeep MathraniDirector1,550 shares at $128.89$199,780Aug 26, 2026
BuyRobert W. EddyDirector4,000 shares at $128.70$514,800Aug 26, 2026
SaleLauren R HobartPresident & CEO, Director20,083 shares at $228.12$4.6MMay 28, 2026
SaleJulie Lodge-JarrettEVP, Chf People & Purpose Ofcr4,140 shares at $223.56$925,531Apr 17, 2026
SaleEdward W StackExecutive Chairman, Director, 10% owner210,478 shares at $197.69$41.6MMar 31, 2026
Plus 14 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.87/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+28.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.4%
Start year 2021 (pandemic). Over 10 years: +9.0% a year
Revenue growth 27 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+15.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.7%
Dividend (yield on the price)3.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.7% vs 13.4%, steady
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 8%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +11.1% a year for the price and +4.7% for the forecasts.
AI conclusion: Core Dick’s stores deliver steady comparable sales growth as the main strength while the Foot Locker acquisition stands out as the chief weakness through added margin pressure.
Main risk: Direct-to-consumer sales by vendors such as Nike and Adidas together with Amazon could capture more customers and force lower prices or narrower assortments at Dick’s stores and online.
Bull case: By deepening exclusive partnerships with emerging brands and enhancing experiential stores Dick’s could retain customers despite brand DTC growth and use its scale to manage debt prudently.
Bear case: If brand DTC and Amazon continue gaining ground while leverage stays elevated Dick’s might face sustained margin pressure and reduced ability to invest in stores or inventory.
Dick’s core business posted 4.9 percent comparable sales growth in the latest quarter while Foot Locker, acquired last year, posted negative comps and pushed overall margins lower. Management cut full-year EPS guidance sharply after the acquisition brought heavier promotions and weaker footwear demand into view. Our models see the shares as undervalued after the drop. Can the proven playbook at the namesake stores fix Foot Locker’s issues or will the integration keep pressuring results?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Retail · 204 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score47 · Bottom 25%
Fair Value upside+42.9% · Above median
Profitability
Return on equity (12 months)18.5% · Top 25%
Return on assets4.9% · Above median
Net margin (12 months)4.0% · Above median
Operating margin (12 months)7.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)53.2% · Top 25%
Dividend yield (12 months)3.5% · Above median
Balance sheet
Debt / equity0.34× · Above median
Valuation Multiplesvs Specialty Retail median · lower = cheaper
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Is Dick’s Sporting Goods Inc (DKS) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $201.62 versus a price of $141.07, about +43% upside (undervalued).
What is the fair value of DKS?
Our model-based fair value for Dick’s Sporting Goods Inc is $201.62 (as of Nov 6, 2026), built from audited fundamentals. The current price: $141.07.
What is the quality score of DKS?
Dick’s Sporting Goods Inc has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Dick’s Sporting Goods Inc (DKS)?
Our model-based price target is the fair value of $201.62 (as of Nov 6, 2026) from 26 valuation models. Cautious scenario $123.67, optimistic scenario $262.11. It is a calculation from audited fundamentals, not an analyst target.
What is the Dick’s Sporting Goods Inc stock forecast for 2026?
Our models put fair value at $201.62, about +43% upside versus a price of $141.07 (undervalued). Cautious scenario $123.67, optimistic scenario $262.11. The calculation is refreshed regularly with new filings.
What is the revenue of Dick’s Sporting Goods Inc (DKS)?
Dick’s Sporting Goods Inc reported trailing-twelve-month revenue of about $21.1B (latest available figure, as of Nov 6, 2026).
Does Dick’s Sporting Goods Inc pay a dividend?
Dick’s Sporting Goods Inc currently shows a dividend yield of 3.49% relative to its recent price (as of Nov 6, 2026).
What growth is priced into Dick’s Sporting Goods Inc (DKS)?
For today's price to be fair in a discounted-cash-flow model, Dick’s Sporting Goods Inc would have to grow free cash flow by +13.8 % per year for five years (discount rate 9.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.4 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of DKS use?
Our models discount Dick’s Sporting Goods Inc at 9.5 %: a base by market capitalisation (large), damped by beta 1.10, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Dick’s Sporting Goods Inc that is +13.8 % per year a year over ten years, using the same discount rate (9.5 %) and the same formula as our fair value.
How much growth has Dick’s Sporting Goods Inc (DKS) delivered so far?
Over the past 5 years revenue at Dick’s Sporting Goods Inc grew +12.4 % a year. The price currently implies +13.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Dick’s Sporting Goods Inc (DKS) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into Dick’s Sporting Goods Inc (+13.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Dick’s Sporting Goods Inc (DKS)?
The free-cash-flow yield on the price is 4.01 %: that much free cash flow Dick’s Sporting Goods Inc produces per unit of market value. When it exceeds the discount rate of our models (9.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Dick’s Sporting Goods Inc (DKS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dick’s Sporting Goods Inc it is $201.62 per share (as of Nov 6, 2026), against a price of $141.07. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Dick’s Sporting Goods Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, DKS trades below its calculated fair value: price $141.07, fair value $201.62, a gap of about +43% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DKS?
No. The price is what the market pays today ($141.07); the fair value is what the company's own numbers justify ($201.62). For Dick’s Sporting Goods Inc the two are $60.55 per share apart. That gap is exactly why we show both numbers side by side.
How much is Dick’s Sporting Goods Inc worth?
The market values Dick’s Sporting Goods Inc at about $14.0B (market capitalisation, as of Nov 6, 2026). Per share that is $141.07; our models calculate a fair value of $201.62 per share.
What do the bullish and bearish scenarios say about DKS?
Our models span a range for Dick’s Sporting Goods Inc: cautious scenario $123.67, base $201.62, optimistic $262.11 per share (as of Nov 6, 2026, price $141.07). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DKS?
Dick’s Sporting Goods Inc trades at a price-to-earnings ratio of 15.5 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $201.62 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2017, FY2020 ex one-offs: 12.3. Other multiples: PEG 1.1, P/B 2.5, P/S 0.7, EV/EBITDA 7.0.
What is the PEG ratio of DKS?
The PEG ratio of Dick’s Sporting Goods Inc is 1.15 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Dick’s Sporting Goods Inc (DKS)?
Balance-sheet figures for Dick’s Sporting Goods Inc (as of Nov 6, 2026): return on equity 18.5%, debt of 0.34 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is DKS from its 52-week high?
Dick’s Sporting Goods Inc trades at $141.07, about 41% below its 52-week high of $239.17 and 16% above the low of $121.15 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of $201.62 is for.
Which stocks are comparable to Dick’s Sporting Goods Inc?
From the same area (Consumer Cyclical) we also value Alimentation Couche-Tard Inc, Williams-Sonoma, Inc, Ulta Beauty, Inc, Casey's General Stores, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Dick’s Sporting Goods Inc stock attractive at the current price?
The data as of Nov 6, 2026: price $141.07, calculated fair value $201.62 (+43%), Quality Score 47/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DKS calculated?
We run Dick’s Sporting Goods Inc through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $201.62, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Dick’s Sporting Goods Inc currently trades 30% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Dick’s Sporting Goods Inc (DKS)?
The closing price on Nov 5, 2026 was $141.07. Our model-based fair value is $201.62, about +43% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Dick’s Sporting Goods Inc right now?
The large discount to fair value meets weak quality (47/100). That raises the risk this is a value trap rather than a bargain. A fairly wide model range ($123.67 to $262.11) leaves room in how you read the outcome.
Where does the earnings growth of Dick’s Sporting Goods Inc (DKS) come from?
Earnings per share at Dick’s Sporting Goods Inc grew +17.9 % a year from 2015 to 2026. Broken into its drivers: revenue per share +11.8 %, EBIT margin +3.3 %, tax rate +2.4 %, residual (interest, one-offs) −0.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Dick’s Sporting Goods Inc
How large is the market capitalisation of Dick’s Sporting Goods Inc (DKS)?
The market capitalisation of Dick’s Sporting Goods Inc is $14.0B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Dick’s Sporting Goods Inc (DKS)?
The price-to-sales ratio of Dick’s Sporting Goods Inc is 0.66 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Dick’s Sporting Goods Inc (DKS)?
Earnings per share at Dick’s Sporting Goods Inc are $9.14 (price ÷ EPS = P/E 15.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Dick’s Sporting Goods Inc (DKS)?
The dividend yield of Dick’s Sporting Goods Inc is 3.5% (payout 53.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Dick’s Sporting Goods Inc (DKS)?
The net margin of Dick’s Sporting Goods Inc is 4.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Dick’s Sporting Goods Inc (DKS)?
The return on equity (ROE) of Dick’s Sporting Goods Inc is 18.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Dick’s Sporting Goods Inc (DKS)?
On an EBIT basis the return on assets of Dick’s Sporting Goods Inc is 14.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Dick’s Sporting Goods Inc (DKS)?
The operating margin of Dick’s Sporting Goods Inc is 7.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dick’s Sporting Goods Inc (DKS)?
Revenue at Dick’s Sporting Goods Inc is growing +53.2% versus a year earlier (3y avg +11.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Dick’s Sporting Goods Inc (DKS)?
Earnings per share at Dick’s Sporting Goods Inc are growing −25.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Dick’s Sporting Goods Inc (DKS) carry?
The net debt of Dick’s Sporting Goods Inc is $6.4B (fiscal year 2026, ≈ 13.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 6, 2026