S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Options Trading Plan–Perfect For Beginners (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Options Trading Plan–Perfect For Beginners (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Options Trading Plan–Perfect For Beginners (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Options Trading Plan–Perfect For Beginners (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside

Foot Locker (FL) Stock Forecast, Price & News

$17.45
-0.31 (-1.75%)
(As of 09/25/2023 ET)
Compare
Today's Range
$16.68
$17.79
50-Day Range
$16.69
$26.88
52-Week Range
$14.84
$47.22
Volume
7.18 million shs
Average Volume
3.72 million shs
Market Capitalization
$1.64 billion
P/E Ratio
11.33
Dividend Yield
9.17%
Price Target
$27.83

Foot Locker MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
56.5% Upside
$27.32 Price Target
Short Interest
Bearish
13.93% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.22
Upright™ Environmental Score
News Sentiment
0.21mentions of Foot Locker in the last 14 days
Based on 17 Articles This Week
Insider Trading
Acquiring Shares
$100,117 Bought Last Quarter
Proj. Earnings Growth
58.09%
From $1.36 to $2.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Retail/Wholesale Sector

15th out of 208 stocks

Shoe Stores Industry

1st out of 5 stocks


FL stock logo

About Foot Locker (NYSE:FL) Stock

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 youth culture 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 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 Price History

FL Stock News Headlines

5 Mall-Based Retailers: 4 Ready to Rip Higher and 1 that isn’t (FL)
Some mall-based retailers are set to rebound and deliver returns for their investors others are not; read on to find which are ready to rip higher.
4 Reasons Why Nike Should Be in Your Portfolio Down Here (FL)
Athletic footwear and apparel maker NIKE Inc. (NYSE: NKE) stock is down 16.7% year-to-date (YTD). The recent earnings warnings from sports retailers DICK’S
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Foot Locker Stock Takes a Big Hit...Is It a Retail Bargain?
With Foot Locker at a 12-year low of $17.21, investors may be wondering if it's a good time to step foot into a stock that used to trade in the $70’s.
Jefferies Downgrades Foot Locker (FL)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Foot Locker (FL) Receives a Buy from BTIG
Why Is Foot Locker (FL) Up 3.3% Since Last Earnings Report?
Foot Locker Stock (NYSE:FL): A Short-Term Opportunity at Best
Foot Locker (NYSE:FL) Will Pay A Dividend Of $0.40
Foot Locker (FL) Stock Grapples With Multiple Headwinds
See More Headlines
Receive FL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Foot Locker and its competitors with MarketBeat's FREE daily newsletter.

FL Company Calendar

Ex-Dividend for 7/28 Dividend
7/13/2023
Dividend Payable
7/28/2023
Last Earnings
8/23/2023
Today
9/26/2023
Ex-Dividend for 10/27 Dividend
10/12/2023
Dividend Payable
10/27/2023
Next Earnings (Estimated)
11/17/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Shoe stores
Sub-Industry
Apparel Retail
CUSIP
34484910
Employees
46,880
Year Founded
1974

Price Target and Rating

Average Stock Price Forecast
$27.32
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+59.5%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
19 Analysts

Profitability

Net Income
$342 million
Pretax Margin
2.95%

Debt

Sales & Book Value

Annual Sales
$8.31 billion
Cash Flow
$7.18 per share
Book Value
$35.29 per share

Miscellaneous

Free Float
91,146,000
Market Cap
$1.64 billion
Optionable
Optionable
Beta
1.28

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

  • Ms. Mary N. Dillon (Age 62)
    CEO, Pres & Director
    Comp: $2.36M
  • Mr. Franklin R. Bracken (Age 49)
    Exec. VP & Chief Commercial Officer
    Comp: $1.99M
  • Mr. Michael Baughn (Age 42)
    Exec. VP & CFO
  • Mr. Elliott D. Rodgers (Age 47)
    Exec. VP & COO
  • Mr. Adrian M. Butler (Age 52)
    Sr. VP & CTO
  • Mr. Robert Higginbotham C.F.A. (Age 46)
    Sr. VP of Investor Relations, Financial Planning & Analysis and Treasurer
  • Ms. Jennifer L. Kraft
    Exec. VP & Gen. Counsel
  • Ms. Olivia Mata
    VP of Corp. Communications
  • Mr. William Scott Martin (Age 55)
    Exec. VP and Chief Strategy & Corp. Devel. Officer
  • Ms. Rosalind Reeves (Age 55)
    Exec. VP & Chief HR Officer













FL Stock - Frequently Asked Questions

Should I buy or sell Foot Locker stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last twelve months. There are currently 1 sell rating, 13 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

19 Wall Street research analysts have issued 12 month price targets for Foot Locker's shares. Their FL share price forecasts range from $11.00 to $62.00. On average, they expect the company's stock price to reach $27.32 in the next year. This suggests a possible upside of 56.6% from the stock's current price.
View analysts price targets for FL
or view top-rated stocks among Wall Street analysts.

How have FL shares performed in 2023?

Foot Locker's stock was trading at $37.79 on January 1st, 2023. Since then, FL shares have decreased by 53.9% and is now trading at $17.44.
View the best growth stocks for 2023 here
.

Are investors shorting Foot Locker?

Foot Locker saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 11,270,000 shares, an increase of 8.6% from the July 31st total of 10,380,000 shares. Based on an average trading volume of 4,160,000 shares, the short-interest ratio is currently 2.7 days. Currently, 13.9% of the shares of the 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 Friday, November 17th 2023.
View our FL earnings forecast
.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) posted its earnings results on Wednesday, August, 23rd. The athletic footwear retailer reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The athletic footwear retailer had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.88 billion. Foot Locker had a net margin of 1.76% and a trailing twelve-month return on equity of 8.65%. Foot Locker's revenue was down 9.9% on a year-over-year basis. During the same period last year, the business earned $1.10 earnings per share.

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

Foot Locker announced 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 annualized dividend and a yield of 9.17%. The ex-dividend date is Thursday, October 12th.
Read our dividend analysis for FL
.

Is Foot Locker a good dividend stock?

Foot Locker (NYSE:FL) pays an annual dividend of $1.60 per share and currently has a dividend yield of 8.87%. FL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 103.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FL will have a dividend payout ratio of 74.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FL.

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

Foot Locker updated its FY 2023 earnings guidance on Wednesday, August, 23rd. The company provided EPS guidance of $1.30-$1.50 for the period, compared to the consensus estimate of $2.01. The company issued revenue guidance of $7.96 billion-$8.05 billion, compared to the consensus revenue estimate of $8.05 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).

What is Foot Locker's stock symbol?

Foot Locker trades on the New York Stock Exchange (NYSE) under the ticker symbol "FL."

Who are Foot Locker's major shareholders?

Foot Locker's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.21%), Dimensional Fund Advisors LP (5.32%), LSV Asset Management (4.48%), Goldman Sachs Group Inc. (3.71%), State Street Corp (3.25%) and Victory Capital Management Inc. (3.16%). Insiders that own company stock include Eugene Nonko, Giovanna Cipriano, John A Maurer, John A Maurer, Lauren B Peters, Mary N Dillon, Matthew M Mckenna, Richard A Johnson, Todd Greener, Vesa Equity Investment SA RL and William Scott Martin.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Foot Locker's stock price today?

One share of FL stock can currently be purchased for approximately $17.44.

How much money does Foot Locker make?

Foot Locker (NYSE:FL) has a market capitalization of $1.64 billion and generates $8.31 billion in revenue each year. The athletic footwear retailer earns $342 million in net income (profit) each year or $1.54 on an earnings per share basis.

How many employees does Foot Locker have?

The company employs 46,880 workers across the globe.

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
How can I contact Foot Locker?

Foot Locker's mailing address is 330 WEST 34TH STREET, NEW YORK NY, 10001. The official website for the company is www.footlocker-inc.com. The athletic footwear retailer can be reached via phone at (212) 720-3700, via email at ir@footlocker.com, or via fax at 212-553-7026.

This page (NYSE:FL) was last updated on 9/26/2023 by MarketBeat.com Staff

My Account -