NIKE, Inc. (NYSE:NKE - Free Report) - Zacks Research decreased their Q1 2026 earnings per share estimates for NIKE in a report released on Thursday, July 10th. Zacks Research analyst R. Lohia now expects that the footwear maker will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.35. The consensus estimate for NIKE's current full-year earnings is $2.05 per share. Zacks Research also issued estimates for NIKE's Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.33 EPS, Q1 2027 earnings at $0.56 EPS, Q2 2027 earnings at $0.75 EPS, Q3 2027 earnings at $0.67 EPS, Q4 2027 earnings at $0.43 EPS, FY2027 earnings at $2.40 EPS and FY2028 earnings at $2.82 EPS.
NIKE (NYSE:NKE - Get Free Report) last released its quarterly earnings data on Thursday, June 26th. The footwear maker reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. NIKE had a return on equity of 23.33% and a net margin of 6.95%. The company had revenue of $11.10 billion for the quarter, compared to analysts' expectations of $10.69 billion. During the same period last year, the firm posted $0.99 earnings per share. NIKE's revenue was down 11.9% compared to the same quarter last year.
Other equities research analysts have also recently issued reports about the company. China Renaissance assumed coverage on NIKE in a research report on Wednesday, March 19th. They set a "hold" rating on the stock. Evercore ISI lowered their price objective on NIKE from $97.00 to $75.00 and set an "outperform" rating on the stock in a research report on Tuesday, June 24th. Wells Fargo & Company lifted their price objective on NIKE from $55.00 to $60.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 14th. Citigroup boosted their price target on NIKE from $57.00 to $68.00 and gave the stock a "neutral" rating in a report on Friday, June 27th. Finally, Cfra Research raised NIKE to a "moderate buy" rating in a report on Friday, March 21st. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, NIKE presently has a consensus rating of "Moderate Buy" and a consensus price target of $77.15.
View Our Latest Stock Analysis on NKE
NIKE Stock Performance
Shares of NIKE stock traded up $0.03 during trading on Monday, hitting $72.02. 5,254,441 shares of the company's stock traded hands, compared to its average volume of 15,137,998. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 1.50. NIKE has a 1 year low of $52.28 and a 1 year high of $90.62. The stock has a market capitalization of $106.53 billion, a P/E ratio of 33.33, a PEG ratio of 2.65 and a beta of 1.25. The business has a 50-day simple moving average of $64.66 and a 200-day simple moving average of $67.27.
NIKE Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 2nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date was Monday, June 2nd. NIKE's dividend payout ratio (DPR) is presently 74.07%.
Institutional Investors Weigh In On NIKE
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NKE. Stone House Investment Management LLC purchased a new stake in NIKE in the first quarter valued at about $25,000. Heck Capital Advisors LLC purchased a new stake in NIKE in the fourth quarter valued at about $28,000. Saudi Central Bank purchased a new stake in NIKE in the first quarter valued at about $30,000. EnRich Financial Partners LLC raised 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 buying an additional 273 shares during the last quarter. Finally, Matrix Trust Co raised its stake in NIKE by 53.1% in the second quarter. Matrix Trust Co now owns 441 shares of the footwear maker's stock valued at $31,000 after buying an additional 153 shares during the last quarter. 64.25% of the stock is currently owned by hedge funds and other institutional investors.
About NIKE
(
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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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