NYSE:FL - Foot Locker Stock Price, Forecast & News

Foot Locker's stock was trading at $25.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FL stock has decreased by 10.9% and is now trading at $22.30. View which stocks have been mosted impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last year. There are currently 1 sell rating, 9 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Foot Locker.

Foot Locker is scheduled to release its next quarterly earnings announcement on Friday, May 22nd 2020. View our earnings forecast for Foot Locker.

Foot Locker, Inc. (NYSE:FL) issued its quarterly earnings results on Friday, February, 28th. The athletic footwear retailer reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.05. The athletic footwear retailer had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.24 billion. Foot Locker had a return on equity of 21.48% and a net margin of 6.22%. Foot Locker's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.56 earnings per share. View Foot Locker's earnings history.

Foot Locker declared a quarterly dividend on Thursday, February 20th. Stockholders of record on Friday, April 17th will be paid a dividend of $0.40 per share on Friday, May 1st. This represents a $1.60 annualized dividend and a yield of 7.17%. The ex-dividend date is Thursday, April 16th. This is a positive change from Foot Locker's previous quarterly dividend of $0.38. View Foot Locker's dividend history.

Foot Locker announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 20th 2019, which authorizes the company to buyback $1,200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 17.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

20 brokerages have issued 12-month price objectives for Foot Locker's shares. Their forecasts range from $32.00 to $81.00. On average, they anticipate Foot Locker's stock price to reach $44.50 in the next twelve months. This suggests a possible upside of 99.6% from the stock's current price. View analysts' price targets for Foot Locker.

News stories about FL stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Foot Locker earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news stories about the athletic footwear retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutFoot Locker.

Foot Locker saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 10,450,000 shares, a decrease of 15.4% from the February 27th total of 12,350,000 shares. Based on an average daily volume of 3,070,000 shares, the days-to-cover ratio is presently 3.4 days. Currently, 11.0% of the company's stock are short sold. View Foot Locker's Current Options Chain.

Some companies that are related to Foot Locker include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Buckle (BKE), Abercrombie & Fitch (ANF), Guess? (GES), Zumiez (ZUMZ), Designer Brands (DBI), Shoe Carnival (SCVL), Childrens Place (PLCE), Cato (CATO), Caleres (CAL) and Chico's FAS (CHS).

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), Gilead Sciences (GILD), Cisco Systems (CSCO), Alibaba Group (BABA), Netflix (NFLX), Starbucks (SBUX), QUALCOMM (QCOM) and Visa (V).

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 investors include LSV Asset Management (4.86%), AQR Capital Management LLC (3.86%), Lord Abbett & CO. LLC (3.47%), State Street Corp (2.76%), Ruffer LLP (2.65%) and Bank of New York Mellon Corp (2.01%). Company insiders that own Foot Locker stock include John A Maurer, Lauren B Peters, Matthew M Mckenna and Richard A Johnson. View institutional ownership trends for Foot Locker.

FL stock was sold by a variety of institutional investors in the last quarter, including Ruffer LLP, Bank of New York Mellon Corp, AQR Capital Management LLC, Lord Abbett & CO. LLC, Maverick Capital Ltd., Marshall Wace North America L.P., American International Group Inc., and Bank of Montreal Can. View insider buying and selling activity for Foot Locker.

FL stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Norges Bank, Prudential Financial Inc., Schonfeld Strategic Advisors LLC, Renaissance Technologies LLC, Boston Partners, M&G Investment Management Ltd., and FMR LLC. View insider buying and selling activity for Foot Locker.

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

One share of FL stock can currently be purchased for approximately $22.30.

Foot Locker has a market capitalization of $2.33 billion and generates $8.01 billion in revenue each year. The athletic footwear retailer earns $498 million in net income (profit) each year or $4.93 on an earnings per share basis. Foot Locker employs 49,331 workers across the globe. View additional information about Foot Locker.

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

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]