FY2025 Earnings Estimate for NIKE Issued By Seaport Res Ptn

NIKE, Inc. (NYSE:NKE - Free Report) - Investment analysts at Seaport Res Ptn lifted their FY2025 earnings per share estimates for shares of NIKE in a research note issued to investors on Tuesday, June 24th. Seaport Res Ptn analyst M. Kummetz now expects that the footwear maker will earn $2.15 per share for the year, up from their prior estimate of $2.08. The consensus estimate for NIKE's current full-year earnings is $2.05 per share. Seaport Res Ptn also issued estimates for NIKE's Q4 2025 earnings at $0.12 EPS, FY2026 earnings at $2.14 EPS and FY2028 earnings at $3.74 EPS.

NIKE (NYSE:NKE - Get Free Report) last announced its quarterly earnings results on Thursday, June 26th. The footwear maker reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $11.10 billion during the quarter, compared to analysts' expectations of $10.69 billion. NIKE had a return on equity of 23.00% and a net margin of 6.95%. NIKE's revenue was down 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS.

NKE has been the subject of several other reports. Deutsche Bank Aktiengesellschaft lowered their target price on NIKE from $77.00 to $71.00 and set a "buy" rating for the company in a research report on Friday, June 20th. BMO Capital Markets lowered their target price on NIKE from $95.00 to $92.00 and set an "outperform" rating for the company in a research report on Friday, March 21st. Barclays raised their target price on NIKE from $53.00 to $64.00 and gave the stock an "equal weight" rating in a research report on Friday. Cfra Research raised NIKE to a "moderate buy" rating in a research report on Friday, March 21st. Finally, HSBC raised NIKE from a "hold" rating to a "buy" rating and set a $80.00 target price for the company in a research report on Friday. One 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 company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $77.00.

NIKE Stock Up 15.3%

Shares of NYSE:NKE opened at $72.09 on Friday. The firm has a market cap of $106.63 billion, a P/E ratio of 33.38, a P/E/G ratio of 2.64 and a beta of 1.21. The company has a quick ratio of 1.52, a current ratio of 2.19 and a debt-to-equity ratio of 0.57. NIKE has a 12-month low of $52.28 and a 12-month high of $90.62. The business has a fifty day simple moving average of $60.63 and a 200 day simple moving average of $67.52.

NIKE Dividend Announcement

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

Insider Buying and Selling at NIKE

In related news, Director Robert Holmes Swan purchased 8,600 shares of the business's stock in a transaction on Friday, April 4th. The stock was acquired at an average price of $58.46 per share, for a total transaction of $502,756.00. Following the purchase, the director now owns 31,983 shares of the company's stock, valued at approximately $1,869,726.18. This trade represents a 36.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.10% of the company's stock.

Hedge Funds Weigh In On NIKE

Several hedge funds have recently modified their holdings of NKE. Brighton Jones LLC lifted its position in shares of NIKE by 388.5% during the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker's stock worth $15,316,000 after buying an additional 160,980 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in shares of NIKE by 10.3% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 190,915 shares of the footwear maker's stock worth $14,447,000 after buying an additional 17,888 shares in the last quarter. IFP Advisors Inc lifted its position in shares of NIKE by 17.9% during the 4th quarter. IFP Advisors Inc now owns 11,806 shares of the footwear maker's stock worth $894,000 after buying an additional 1,789 shares in the last quarter. Los Angeles Capital Management LLC lifted its position in shares of NIKE by 0.5% during the 4th quarter. Los Angeles Capital Management LLC now owns 104,494 shares of the footwear maker's stock worth $7,907,000 after buying an additional 513 shares in the last quarter. Finally, Checchi Capital Advisers LLC lifted its position in shares of NIKE by 9.4% during the 4th quarter. Checchi Capital Advisers LLC now owns 8,947 shares of the footwear maker's stock worth $677,000 after buying an additional 766 shares in the last quarter. Institutional investors own 64.25% of the company's stock.

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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