What is KeyCorp's Estimate for NIKE Q2 Earnings?

Key Points

• KeyCorp estimates NIKE's Q2 2026 earnings at $0.38 per share, maintaining a "Strong-Buy" rating with a $90.00 price target.
• NIKE's recent earnings report showed a profit of $0.49 earnings per share, exceeding the expected $0.27, along with Q3 and Q4 earnings estimates of $0.52 and $0.33 EPS respectively.
• The company is currently yielding 2.1% on its dividend, having announced a quarterly payment of $0.40 per share on October 1st.

NIKE, Inc. (NYSE:NKE - Free Report) - Investment analysts at KeyCorp issued their Q2 2026 earnings estimates for NIKE in a report issued on Wednesday, October 1st. KeyCorp analyst A. Owens expects that the footwear maker will earn $0.38 per share for the quarter. KeyCorp currently has a "Strong-Buy" rating and a $90.00 price target on the stock. The consensus estimate for NIKE's current full-year earnings is $2.05 per share. KeyCorp also issued estimates for NIKE's Q3 2026 earnings at $0.52 EPS, Q4 2026 earnings at $0.33 EPS and FY2027 earnings at $2.38 EPS.

NIKE (NYSE:NKE - Get Free Report) last posted its earnings results on Tuesday, September 30th. The footwear maker reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.22. The firm had revenue of $11.72 billion during the quarter, compared to analysts' expectations of $10.96 billion. NIKE had a return on equity of 21.16% and a net margin of 6.23%.The firm's revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 earnings per share.

NKE has been the topic of several other reports. Zacks Research raised shares of NIKE from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 26th. Cowen raised NIKE from a "hold" rating to a "buy" rating in a report on Wednesday, September 10th. DZ Bank raised NIKE from a "hold" rating to a "buy" rating in a report on Wednesday. Morgan Stanley set a $72.00 price target on NIKE and gave the stock a "positive" rating in a report on Wednesday. Finally, Evercore ISI dropped their price objective on shares of NIKE from $97.00 to $75.00 and set an "outperform" rating on the stock in a research note on Tuesday, June 24th. Four research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $81.57.

NIKE Stock Up 0.5%

NIKE stock opened at $74.59 on Friday. The company has a market capitalization of $110.16 billion, a P/E ratio of 38.25, a PEG ratio of 2.79 and a beta of 1.29. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.50 and a current ratio of 2.19. NIKE has a fifty-two week low of $52.28 and a fifty-two week high of $84.76. The stock has a 50-day simple moving average of $74.71 and a 200-day simple moving average of $67.32.

NIKE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 2nd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 2nd. NIKE's payout ratio is presently 82.05%.

Insider Activity at NIKE

In other NIKE news, Chairman Mark G. Parker sold 86,078 shares of NIKE stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $75.93, for a total value of $6,535,902.54. Following the completion of the sale, the chairman owned 744,988 shares in the company, valued at $56,566,938.84. The trade was a 10.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.80% of the stock is currently owned by corporate insiders.

Institutional Trading of NIKE

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC boosted its stake 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 valued at $15,316,000 after buying an additional 160,980 shares during the last quarter. NBC Securities Inc. lifted its position in NIKE by 109,628.6% in the 1st quarter. NBC Securities Inc. now owns 7,681 shares of the footwear maker's stock valued at $487,000 after purchasing an additional 7,674 shares during the last quarter. Merit Financial Group LLC boosted its position in NIKE by 26.2% during the 1st quarter. Merit Financial Group LLC now owns 10,526 shares of the footwear maker's stock worth $668,000 after acquiring an additional 2,187 shares during the period. RFG Advisory LLC lifted its holdings in NIKE by 11.6% in the first quarter. RFG Advisory LLC now owns 9,746 shares of the footwear maker's stock worth $619,000 after purchasing an additional 1,011 shares during the period. Finally, Apella Capital LLC lifted its stake in shares of NIKE by 47.8% in the 1st quarter. Apella Capital LLC now owns 4,390 shares of the footwear maker's stock worth $260,000 after acquiring an additional 1,420 shares during the period. Institutional investors and hedge funds own 64.25% of the company's stock.

About NIKE

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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