Foot Locker Stock Forecast, Price & News

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Foot Locker stock.
View analyst ratings for Foot Locker or view top-rated stocks.

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Foot Locker saw a drop in short interest in the month of January. As of January 29th, there was short interest totaling 4,330,000 shares, a drop of 32.7% from the January 14th total of 6,430,000 shares. Based on an average daily trading volume, of 2,000,000 shares, the short-interest ratio is presently 2.2 days. Currently, 4.8% of the company's shares are sold short.
View Foot Locker's Short Interest.

Foot Locker is scheduled to release its next quarterly earnings announcement on Friday, May 28th 2021.
View our earnings forecast for Foot Locker.

Foot Locker, Inc. (NYSE:FL) announced its quarterly earnings data on Thursday, February, 25th. The athletic footwear retailer reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.20. The athletic footwear retailer earned $2.19 billion during the quarter, compared to analyst estimates of $2.29 billion. Foot Locker had a net margin of 4.66% and a trailing twelve-month return on equity of 12.35%. Foot Locker's revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.63 earnings per share.
View Foot Locker's earnings history.

Foot Locker's stock was trading at $25.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FL shares have increased by 108.1% and is now trading at $52.11.
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Foot Locker announced a quarterly dividend on Wednesday, February 17th. Stockholders of record on Friday, April 16th will be paid a dividend of $0.20 per share on Friday, April 30th. This represents a $0.80 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, April 15th. This is a positive change from Foot Locker's previous quarterly dividend of $0.15.
View Foot Locker's dividend history.

Foot Locker pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.17%. Foot Locker does not yet have a strock track record of dividend growth. The dividend payout ratio of Foot Locker is 12.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Foot Locker will have a dividend payout ratio of 13.79% next year. This indicates that Foot Locker will be able to sustain or increase its dividend.
View Foot Locker's dividend history.

24 Wall Street analysts have issued twelve-month price targets for Foot Locker's stock. Their forecasts range from $20.00 to $75.00. On average, they anticipate Foot Locker's share price to reach $49.05 in the next year. This suggests that the stock has a possible downside of 5.9%.
View analysts' price targets for Foot Locker or view top-rated stocks among Wall Street analysts.

548 employees have rated Foot Locker CEO Richard A. Johnson on Glassdoor.com. Richard A. Johnson has an approval rating of 78% among Foot Locker's employees.

Some companies that are related to Foot Locker include The TJX Companies (TJX), Ross Stores (ROST), The Gap (GPS), American Eagle Outfitters (AEO), Urban Outfitters (URBN), The Buckle (BKE), Abercrombie & Fitch (ANF), Guess' (GES), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Citi Trends (CTRN), Shoe Carnival (SCVL), Genesco (GCO) and Caleres (CAL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Foot Locker investors own include Intel (INTC), The Walt Disney (DIS), The 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).

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

Foot Locker's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.39%), Boston Partners (5.23%), Dimensional Fund Advisors LP (4.03%), Alliancebernstein L.P. (4.02%), Bank of New York Mellon Corp (1.32%) and Northern Trust Corp (1.29%). Company insiders that own Foot Locker stock include John A Maurer, Lauren B Peters, Matthew M Mckenna, Richard A Johnson, Vesa Equity Investment SA RL and William Scott Martin.
View institutional ownership trends for Foot Locker.

FL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Ariel Investments LLC, Victory Capital Management Inc., Edgestream Partners L.P., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Credit Suisse AG, and Boston Partners. Company insiders that have sold Foot Locker company stock in the last year include John A Maurer, Lauren B Peters, Richard A Johnson, and William Scott Martin.
View insider buying and selling activity for Foot Locker or view top insider-selling stocks.

FL stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, SummerHaven Investment Management LLC, Alliancebernstein L.P., Russell Investments Group Ltd., Amundi Pioneer Asset Management Inc., Peregrine Capital Management LLC, Principal Financial Group Inc., and Principal Financial Group Inc..
View insider buying and selling activity for Foot Locker or or view top insider-buying stocks.

Shares of FL 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.
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One share of FL stock can currently be purchased for approximately $52.11.

Foot Locker has a market capitalization of $5.43 billion and generates $8.01 billion in revenue each year. The athletic footwear retailer earns $491 million in net income (profit) each year or $4.93 on an earnings per share basis.

Foot Locker employs 15,589 workers across the globe.

The official website for Foot Locker is www.footlocker-inc.com.

Foot Locker is headquartered at 330 WEST 34TH STREET, NEW YORK NY, 10001.

Foot Locker's mailing address is 330 WEST 34TH STREET, NEW YORK NY, 10001. The athletic footwear retailer can be reached via phone at 212-720-3700 or via email at [email protected]