Equities Analysts Set Expectations for NIKE Q1 Earnings

NIKE, Inc. (NYSE:NKE - Free Report) - Analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for shares of NIKE in a research report issued on Thursday, June 26th. Seaport Res Ptn analyst M. Kummetz forecasts that the footwear maker will earn $0.27 per share for the quarter. The consensus estimate for NIKE's current full-year earnings is $2.05 per share. Seaport Res Ptn also issued estimates for NIKE's Q2 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.35 EPS and FY2028 earnings at $3.43 EPS.

Several other equities analysts have also commented on the stock. Cfra Research raised shares of NIKE to a "moderate buy" rating in a report on Friday, March 21st. Evercore ISI reduced their target price on shares of NIKE from $97.00 to $75.00 and set an "outperform" rating on the stock in a report on Tuesday, June 24th. BMO Capital Markets reduced their target price on shares of NIKE from $95.00 to $92.00 and set an "outperform" rating on the stock in a report on Friday, March 21st. Jefferies Financial Group reaffirmed a "buy" rating on shares of NIKE in a report on Friday, May 23rd. Finally, Bank of America increased their target price on shares of NIKE from $80.00 to $84.00 and gave the company a "buy" rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, fourteen have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $77.00.

NIKE Price Performance

NKE stock opened at $72.09 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.50 and a current ratio of 2.21. NIKE has a 52 week low of $52.28 and a 52 week high of $90.62. The firm's fifty day moving average is $60.63 and its 200 day moving average is $67.44. The firm has a market cap of $106.63 billion, a P/E ratio of 33.38, a P/E/G ratio of 2.73 and a beta of 1.21.

NIKE (NYSE:NKE - Get Free Report) last issued its quarterly earnings results on Thursday, June 26th. The footwear maker reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The firm had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.69 billion. NIKE had a net margin of 6.95% and a return on equity of 23.33%. The business's revenue for the quarter was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 EPS.

Hedge Funds Weigh In On NIKE

Several hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its position in NIKE by 344.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 26,698,835 shares of the footwear maker's stock valued at $1,694,842,000 after acquiring an additional 20,688,013 shares in the last quarter. Norges Bank bought a new stake in NIKE during the 4th quarter valued at $1,126,288,000. Wellington Management Group LLP boosted its position in NIKE by 24.9% during the 1st quarter. Wellington Management Group LLP now owns 45,383,916 shares of the footwear maker's stock valued at $2,880,971,000 after acquiring an additional 9,043,180 shares in the last quarter. Jennison Associates LLC bought a new stake in NIKE during the 1st quarter valued at $509,051,000. Finally, Nuveen LLC bought a new stake in NIKE during the 1st quarter valued at $502,285,000. 64.25% of the stock is currently owned by institutional investors.

Insider Transactions at NIKE

In other NIKE news, Director Robert Holmes Swan bought 8,600 shares of NIKE stock in a transaction dated Friday, April 4th. The shares were purchased at an average cost of $58.46 per share, for a total transaction of $502,756.00. Following the acquisition, the director now directly owns 31,983 shares in the company, valued at approximately $1,869,726.18. This represents a 36.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 1.10% of the company's stock.

NIKE Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Monday, June 2nd will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.22%. NIKE's dividend payout ratio (DPR) is presently 53.16%.

NIKE Company Profile

NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

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