Dick’s also owns and operates Golf Galaxy, Field & Stream, and other specialty concept stores; e-commerce websites; and GameChanger, a youth sports mobile app for scheduling, communications and live scorekeeping. As of May 1, 2021, it operated 730 Dick’s Sporting Goods stores.
Shareholders currently receive a 1.52% dividend. The company is expected to lift the dividend in a big way to $0.5375 from $0.4875.
Cowen’s price target is $166, and Dick’s Sporting Goods stock has a $137.35 consensus target. Friday’s closing print was $132.11.
General Dynamics
Like other major defense contractors, General Dynamics Corp. (NYSE: GD) looks poised to deliver solid numbers and guidance. It is engaged in business aviation, land and expeditionary combat vehicles and systems, armaments, munitions, shipbuilding and marine systems, and information systems and technologies.
Major products include Virginia-class nuclear-powered submarine and Ohio-class replacement, Arleigh Burke-class Aegis, Abrams M1A2 tank, Stryker 8-wheeled assault vehicle, medium-caliber munitions and gun systems, and tactical and strategic mission systems.
General Dynamics stock investors receive a 2.21% dividend, and the $1.26 per share dividend is expected to increase to $1.36.
Citigroup has set its price target at $283. That is well above the $269.68 consensus target and Friday’s close at $231.04.
Oracle
Despite a strong run, this top software stock is still offering a good entry point. Oracle Corp. (NYSE: ORCL) develops, manufactures, markets, sells, hosts and supports database and middleware software, application software, cloud infrastructure, hardware systems and related services worldwide.
The company licenses its Oracle Database software to customers, which is designed to enable reliable and secure storage, retrieval and manipulation of various forms of data. Its Oracle Fusion Middleware software aims to build, deploy, secure, access and integrate business applications, as well as automate their business processes.
Last year, Oracle and Cerner closed an agreement for the former to acquire the latter through an all-cash tender offer for $95 per share, or approximately $28.3 billion in equity value. Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better health care to individual patients and communities.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
