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

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

Foot Locker declared a quarterly dividend on Thursday, February 21st. Shareholders of record on Thursday, April 18th will be paid a dividend of $0.38 per share on Friday, May 3rd. This represents a $1.52 annualized dividend and a yield of 2.55%. The ex-dividend date of this dividend is Wednesday, April 17th. This is an increase from Foot Locker's previous quarterly dividend of $0.35. View Foot Locker's Dividend History.

Foot Locker announced that its board has initiated a stock buyback program 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 shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

Foot Locker, Inc. (NYSE:FL) posted its quarterly earnings results on Friday, August, 24th. The athletic footwear retailer reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.05. The athletic footwear retailer had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.76 billion. Foot Locker had a return on equity of 21.01% and a net margin of 4.24%. The firm's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $0.62 earnings per share. View Foot Locker's Earnings History.

Foot Locker is scheduled to release their next quarterly earnings announcement on Friday, March 1st 2019. View Earnings Estimates for Foot Locker.

Foot Locker will be holding an earnings conference call on Friday, March 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

19 brokerages have issued 12-month price targets for Foot Locker's stock. Their forecasts range from $44.00 to $67.00. On average, they anticipate Foot Locker's share price to reach $59.3529 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for Foot Locker.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last year. There are currently 1 sell rating, 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Foot Locker.

Press coverage about FL stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Foot Locker earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave media headlines about the athletic footwear retailer a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Some companies that are related to Foot Locker include DSW (DSW), Genesco (GCO), Boot Barn (BOOT), Shoe Carnival (SCVL) and Finish Line (FINL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Foot Locker investors own include Intel (INTC), Home Depot (HD), Gilead Sciences (GILD), Netflix (NFLX), Micron Technology (MU), Walt Disney (DIS), Starbucks (SBUX), Alibaba Group (BABA), Visa (V) and CVS Health (CVS).

Foot Locker's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.24%), Bank of New York Mellon Corp (4.75%), Harris Associates L P (3.68%), LSV Asset Management (3.01%), Investec Asset Management LTD (3.00%) and Dimensional Fund Advisors LP (2.38%). Company insiders that own Foot Locker stock include Cheryl N Turpin, Giovanna Cipriano, Jarobin Gilbert Jr, John A Maurer, Lauren B Peters, Lewis Phillip Kimble, Matthew M Mckenna, Paulette Alviti 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 Levin Capital Strategies L.P., Mackay Shields LLC, Assenagon Asset Management S.A., Tyvor Capital LLC, Investec Asset Management LTD, Prudential Financial Inc., Gotham Asset Management LLC and Rothschild & Co. Asset Management US Inc.. Company insiders that have sold Foot Locker company stock in the last year include Jarobin Gilbert Jr, John A Maurer, Lauren B Peters, Lewis Phillip Kimble, Matthew M Mckenna and Richard A Johnson. View Insider Buying and Selling for Foot Locker.

FL stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, LSV Asset Management, Dimensional Fund Advisors LP, North Fourth Asset Management LP, Shellback Capital LP, Canada Pension Plan Investment Board, BlackRock Inc. and Geode Capital Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of FL stock can currently be purchased for approximately $59.64.

Foot Locker has a market capitalization of $6.73 billion and generates $7.78 billion in revenue each year. The athletic footwear retailer earns $284 million in net income (profit) each year or $4.11 on an earnings per share basis. Foot Locker employs 49,209 workers across the globe.

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]