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Foot Locker (FL) Stock Price, News & Analysis

$25.53
+0.34 (+1.35%)
(As of 06/12/2024 ET)
Today's Range
$25.40
$26.01
50-Day Range
$20.60
$27.95
52-Week Range
$14.84
$35.60
Volume
2.16 million shs
Average Volume
3.60 million shs
Market Capitalization
$2.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.80

Foot Locker MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.8% Downside
$24.81 Price Target
Short Interest
Healthy
11.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.22
Upright™ Environmental Score
News Sentiment
0.69mentions of Foot Locker in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
40.00%
From $1.55 to $2.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.56 out of 5 stars

Retail/Wholesale Sector

81st out of 195 stocks

Shoe Stores Industry

2nd out of 5 stocks

FL stock logo

About Foot Locker Stock (NYSE:FL)

Foot Locker, Inc., through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer. The company also provides its products under the WSS brand, an athletic-inspired retailer; and atmos brand, a digitally led culturally connected brand featuring sneakers and apparel. It offers its products through physical stores, various e-commerce sites, and mobile apps. The company was formerly known as Venator Group, Inc. and changed its name to Foot Locker, Inc. in November 2001. The company was founded in 1879 and is headquartered in New York, New York.

FL Stock Price History

FL Stock News Headlines

3 Sector Stars Lead Growth: Foot Locker, Shake Shack, Hims & Hers
One of the market's most closely watched economic reports made a sudden turn last week. The employment situation report (NFP) showed that the U.S. economy is still resiliently adding jobs despite seeing some contradicting indicators placing a ceiling on its growth.
3 Sector Stars Lead Growth: Foot Locker, Shake Shack, Hims & Hers (FL)
These three stocks are looking to get a chunk of the total added jobs in the economy, meaning that analyst double-digit upside and growth projections are real
Foot Locker's Quarter Sends Doubters Running
After reporting its first quarter 2024 financial results, shares of Foot Locker Inc. NYSE: FL jumped by as much as 40% as markets reacted to what could be the retail sector's latest turnaround story. Now that the stock is consolidating to the end of the week, investors can use this breather to hop on a new thesis for Foot Locker stock.
Foot Locker’s Quarter Sends Doubters Running (FL)
Foot Locker's future seems bright, pushed by improving financial efficiency and an industry wide tailwind, analysts at Evercore may be right in their targets
Foot Locker (NYSE:FL) Rating Increased to Hold at StockNews.com
Foot Locker (NYSE:FL) Issues FY25 Earnings Guidance
Foot Locker: A 'Show Me' Story
See More Headlines
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Company Calendar

Last Earnings
5/30/2024
Today
6/12/2024
Next Earnings (Estimated)
8/28/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Shoe stores
Sub-Industry
Apparel Retail
CUSIP
34484910
Employees
46,846
Year Founded
1974

Price Target and Rating

Average Stock Price Target
$24.81
High Stock Price Target
$35.00
Low Stock Price Target
$15.00
Potential Upside/Downside
-4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
16 Analysts

Profitability

Net Income
$-330,000,000.00
Pretax Margin
-5.75%

Debt

Sales & Book Value

Annual Sales
$8.17 billion
Cash Flow
$3.66 per share
Book Value
$30.54 per share

Miscellaneous

Free Float
93,361,000
Market Cap
$2.44 billion
Optionable
Optionable
Beta
1.47

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Key Executives

  • Ms. Mary N. DillonMs. Mary N. Dillon (Age 63)
    CEO, President & Director
    Comp: $1.34M
  • Mr. Michael A. Baughn (Age 42)
    Executive VP & CFO
    Comp: $1.31M
  • Mr. Elliott D. Rodgers (Age 48)
    Executive VP & COO
    Comp: $801.64k
  • Mr. Robert Higginbotham C.F.A. (Age 47)
    Senior Vice President of Investor Relations, Financial Planning & Analysis and Treasurer
    Comp: $673.1k
  • Mr. Franklin R. Bracken (Age 50)
    Executive VP & Chief Commercial Officer
    Comp: $980.39k
  • Ms. Giovanna CiprianoMs. Giovanna Cipriano (Age 54)
    Senior VP & Chief Accounting Officer
  • Mr. Adrian M. Butler (Age 53)
    Senior VP & CTO
  • Ms. Jennifer L. Kraft (Age 53)
    Executive Vice President & General Counsel
  • Mr. William Scott Martin (Age 56)
    Executive VP and Chief Strategy & Corporate Development Officer
    Comp: $1.55M
  • Ms. Cynthia Carlisle (Age 49)
    Executive VP & Chief Human Resources Officer

FL Stock Analysis - Frequently Asked Questions

Should I buy or sell Foot Locker stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last twelve months. There are currently 3 sell ratings, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FL, but not buy additional shares or sell existing shares.
View FL analyst ratings
or view top-rated stocks.

What is Foot Locker's stock price target for 2024?

16 analysts have issued 1-year price objectives for Foot Locker's shares. Their FL share price targets range from $15.00 to $35.00. On average, they predict the company's stock price to reach $24.81 in the next year. This suggests that the stock has a possible downside of 2.8%.
View analysts price targets for FL
or view top-rated stocks among Wall Street analysts.

How have FL shares performed in 2024?

Foot Locker's stock was trading at $31.15 at the beginning of 2024. Since then, FL shares have decreased by 18.0% and is now trading at $25.53.
View the best growth stocks for 2024 here
.

Are investors shorting Foot Locker?

Foot Locker saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 9,200,000 shares, a drop of 15.1% from the April 30th total of 10,840,000 shares. Based on an average daily trading volume, of 3,920,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 11.2% of the company's stock are short sold.
View Foot Locker's Short Interest
.

When is Foot Locker's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 28th 2024.
View our FL earnings forecast
.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) posted its quarterly earnings results on Thursday, May, 30th. The athletic footwear retailer reported $0.22 EPS for the quarter, topping the consensus estimate of $0.12 by $0.10. The athletic footwear retailer earned $1.87 billion during the quarter, compared to analyst estimates of $1.88 billion. Foot Locker had a positive trailing twelve-month return on equity of 2.91% and a negative net margin of 4.41%. The company's quarterly revenue was down 2.8% on a year-over-year basis. During the same period last year, the company earned $0.70 EPS.

How often does Foot Locker pay dividends? What is the dividend yield for Foot Locker?

Foot Locker declared a quarterly dividend on Tuesday, August 15th. Investors of record on Friday, October 13th will be paid a dividend of $0.40 per share on Friday, October 27th. This represents a $1.60 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date is Thursday, October 12th.
Read our dividend analysis for FL
.

What guidance has Foot Locker issued on next quarter's earnings?

Foot Locker issued an update on its FY25 earnings guidance on Thursday, May, 30th. The company provided earnings per share (EPS) guidance of $1.50-1.70 for the period, compared to the consensus estimate of $1.56. The company issued revenue guidance of down 1% to +1% yr/yr to ~$8.09-8.25 billion, compared to the consensus revenue estimate of $8.12 billion.

What is Richard A. Johnson's approval rating as Foot Locker's CEO?

548 employees have rated Foot Locker Chief Executive Officer Richard A. Johnson on Glassdoor.com. Richard A. Johnson has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Foot Locker own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Foot Locker investors own include Intel (INTC), Walt Disney (DIS), Home Depot (HD), Micron Technology (MU), CVS Health (CVS), Cisco Systems (CSCO), QUALCOMM (QCOM), Bank of America (BAC), Gilead Sciences (GILD) and Alibaba Group (BABA).

Who are Foot Locker's major shareholders?

Foot Locker's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.79%), Allspring Global Investments Holdings LLC (2.48%), Allspring Global Investments Holdings LLC (2.48%), LSV Asset Management (2.27%), Jacobs Levy Equity Management Inc. (0.97%) and Invenomic Capital Management LP (0.80%). Insiders that own company stock include Eugene Nonko, Giovanna Cipriano, John A Maurer, Mary N Dillon, Matthew M Mckenna, Todd Greener and Vesa Equity Investment SA RL.
View institutional ownership trends
.

How do I buy shares of Foot Locker?

Shares of FL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Foot Locker have any subsidiaries?
The following companies are subsidiares of Foot Locker: FL Finance (Europe) Limited , FLE Holdings Coöperatief U.A., FLE Logistics B.V., Foot Locker Artigos Desportivos e de Tempos Livres Lda. , Foot Locker Asia Pte. Ltd., Foot Locker Australia Inc. , Foot Locker Austria GmbH , Foot Locker Belgium BVBA , Foot Locker Canada Co. , Foot Locker Corporate Services Inc. , Foot Locker Czech Republic s.r.o., Foot Locker Denmark B.V., Foot Locker Europe B.V. , Foot Locker Europe.com B.V., Foot Locker France S.A.S. , Foot Locker Germany GmbH & Co. KG , Foot Locker Greece Athletic Goods Ltd. , Foot Locker Hong Kong Ltd., Foot Locker Hungary Kft. , Foot Locker Italy S.r.l. , Foot Locker Korea LLC. , Foot Locker Macau, Foot Locker Malaysia Sdn. Bhd., Foot Locker Netherlands B.V. , Foot Locker New Zealand Inc. , Foot Locker Norway B.V., Foot Locker Poland Sp. z o.o., Foot Locker Retail Inc., Foot Locker Retail Ireland Limited , Foot Locker Scandinavia B.V. , Foot Locker Services Pte. Ltd., Foot Locker Singapore Pte. Ltd., Foot Locker Sourcing Inc. , Foot Locker Spain S.L. , Foot Locker Specialty Inc. , Foot Locker Stores Inc. , Foot Locker Switzerland LLC, Freedom Sportsline Limited , RPG.com GmbH, Runners Point B.V. & Co. K.G., Runners Point Switzerland LLC, Sidestep GmbH, and Team Edition Apparel Inc. .
Read More
This page (NYSE:FL) was last updated on 6/12/2024 by MarketBeat.com Staff

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