Seaport Res Ptn Has Bullish Outlook for NIKE FY2025 Earnings

NIKE, Inc. (NYSE:NKE - Free Report) - Research analysts at Seaport Res Ptn raised their FY2025 earnings per share (EPS) estimates for shares of NIKE in a note issued to investors on Tuesday, June 24th. Seaport Res Ptn analyst M. Kummetz now anticipates that the footwear maker will earn $2.15 per share for the year, up from their previous forecast 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 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. NIKE had a net margin of 9.43% and a return on equity of 32.18%. The firm had revenue of $11.10 billion for the quarter, compared to analysts' expectations of $10.69 billion. During the same quarter in the previous year, the company posted $0.99 EPS. The company's revenue was down 11.9% compared to the same quarter last year.

NKE has been the topic of several other research reports. Citigroup reduced their price target on shares of NIKE from $72.00 to $57.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Cfra Research raised NIKE to a "moderate buy" rating in a research note on Friday, March 21st. BMO Capital Markets reduced their target price on NIKE from $95.00 to $92.00 and set an "outperform" rating on the stock in a research report on Friday, March 21st. Truist Financial decreased their price target on NIKE from $82.00 to $73.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, JPMorgan Chase & Co. cut their price objective on NIKE from $64.00 to $56.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Sixteen equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $77.59.

NIKE Price Performance

Shares of NKE stock opened at $62.71 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.19 and a quick ratio of 1.52. The company has a market capitalization of $92.75 billion, a PE ratio of 20.83, a price-to-earnings-growth ratio of 2.23 and a beta of 1.21. The firm's 50-day moving average is $60.31 and its two-hundred day moving average is $67.63. NIKE has a 12 month low of $52.28 and a 12 month high of $94.74.

Institutional Trading of NIKE

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Heck Capital Advisors LLC acquired a new stake in NIKE during the fourth quarter worth approximately $28,000. Stone House Investment Management LLC purchased a new position in shares of NIKE in the 1st quarter valued at $25,000. LFA Lugano Financial Advisors SA raised its stake in NIKE by 110.5% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 400 shares of the footwear maker's stock worth $30,000 after acquiring an additional 210 shares in the last quarter. Hopwood Financial Services Inc. purchased a new stake in NIKE in the fourth quarter valued at $30,000. Finally, EnRich Financial Partners LLC boosted its stake in NIKE by 196.4% in the fourth quarter. EnRich Financial Partners LLC now owns 412 shares of the footwear maker's stock valued at $31,000 after acquiring an additional 273 shares in the last quarter. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NIKE

In other news, Director Robert Holmes Swan acquired 8,600 shares of NIKE stock in a transaction dated Friday, April 4th. The shares were acquired at an average cost of $58.46 per share, for a total transaction of $502,756.00. Following the acquisition, the director now owns 31,983 shares of the company's stock, valued at $1,869,726.18. This trade represents a 36.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company's stock.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Monday, June 2nd will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.55%. The ex-dividend date is Monday, June 2nd. NIKE's payout ratio 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.