How To Earn $500 A Month From Dick's Sporting Goods Stock Ahead Of Q2 Earnings
Portfolio Pulse from Avi Kapoor
Dick's Sporting Goods (NYSE:DKS) is expected to report Q2 earnings with projected revenue of $3.44 billion. The company offers a dividend yield of 1.87%, translating to a quarterly dividend of $1.10 per share. To earn $500 monthly from dividends, an investor would need approximately 1,364 shares, worth $320,622. Analysts predict earnings of $3.82 per share, up from $2.82 last year. Wedbush analyst Seth Basham maintained a Neutral rating, raising the price target from $230 to $250.
August 30, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dick's Sporting Goods is expected to report strong Q2 earnings with a projected revenue of $3.44 billion and EPS of $3.82. The company offers a dividend yield of 1.87%. Wedbush raised the price target to $250, indicating positive sentiment.
The projected strong earnings and increased price target by Wedbush suggest positive short-term sentiment for DKS. The dividend yield provides an attractive income opportunity, which may attract dividend-focused investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100