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

Get Started

$59.82 +0.33 (+0.55 %)

(As of 03/21/2019 04:00 PM ET)

Previous Close$59.49

Today's Range$59.45 - $60.10

52-Week Range$40.02 - $68.00

Volume2.11 million shs

Average Volume2.71 million shs

Market Capitalization$6.75 billion

P/E Ratio12.70

Dividend Yield2.32%

Beta0.76

Foot Locker, Inc., through its subsidiaries, operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02. The Direct-to-Customers segment sells athletic footwear, apparel, equipment, and team licensed merchandise for high school and other athletes through Internet and mobile sites, and catalogs. This segment operates sites for eastbay.com, final-score.com, and eastbayteamsales.com, as well as footlocker.com, ladyfootlocker.com, six02.com, kidsfootlocker.com, champssports.com, footaction.com, footlocker.ca, footlocker.eu, footlocker.au, runnerspoint.com, and sidestep-shoes.com. As of February 3, 2018, the company operated 3,310 stores in 24 countries in North America, Europe, Australia, and New Zealand, as well as 98 franchised Foot Locker stores in the Middle East and 14 franchised Runners Point stores in Germany. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.

Receive FL News and Ratings via Email

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

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Shoe stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNYSE:FL

Previous Symbol

CUSIP34484910

CIK850209

Webwww.footlocker-inc.com

Phone212-720-3700

Debt

Debt-to-Equity Ratio0.05

Current Ratio3.30

Quick Ratio1.64

Price-To-Earnings

Trailing P/E Ratio12.70

Forward P/E Ratio11.50

P/E Growth1.26

Sales & Book Value

Annual Sales$7.94 billion

Price / Sales0.85

Cash Flow$6.3436 per share

Price / Cash Flow9.43

Book Value$22.20 per share

Price / Book2.69

Profitability

EPS (Most Recent Fiscal Year)$4.71

Net Income$541 million

Net Margins6.81%

Return on Equity21.92%

Return on Assets14.30%

Miscellaneous

Employees49,209

Outstanding Shares112,890,000

Market Cap$6.75 billion

Next Earnings Date5/24/2019 (Estimated)

OptionableOptionable

Foot Locker (NYSE:FL) Frequently Asked Questions

What is Foot Locker's stock symbol?

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

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

Foot Locker announced a quarterly dividend on Thursday, February 21st. Investors of record on Thursday, April 18th will be given a dividend of $0.38 per share on Friday, May 3rd. This represents a $1.52 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date is Wednesday, April 17th. This is a boost from Foot Locker's previous quarterly dividend of $0.35. View Foot Locker's Dividend History.

How will Foot Locker's stock buyback program work?

Foot Locker announced that its board has approved a stock repurchase program on Wednesday, February 20th 2019, which authorizes the company to repurchase $1,200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 17.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) issued its quarterly earnings data on Friday, March, 1st. The athletic footwear retailer reported $1.56 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.40 by $0.16. The athletic footwear retailer earned $2.27 billion during the quarter, compared to analysts' expectations of $2.18 billion. Foot Locker had a return on equity of 21.92% and a net margin of 6.81%. The firm's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 earnings per share. View Foot Locker's Earnings History.

When is Foot Locker's next earnings date?

Foot Locker is scheduled to release their next quarterly earnings announcement on Friday, May 24th 2019. View Earnings Estimates for Foot Locker.

What price target have analysts set for FL?

21 brokerages have issued 12 month price targets for Foot Locker's stock. Their forecasts range from $44.00 to $85.00. On average, they anticipate Foot Locker's share price to reach $64.35 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for Foot Locker.

What is the consensus analysts' recommendation for Foot Locker?

21 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 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Foot Locker.

What are Wall Street analysts saying about Foot Locker stock?

Here are some recent quotes from research analysts about Foot Locker stock:

1. Guggenheim analysts commented, "We continue to favor FL, despite shares’ 30% increase the past three months (vs. S&P 500 +5.4%) as we believe FL will continue to benefit from Nike’s strong top-line results in North America, given an attractive pipeline of product in both the Jordan/Nike brands. We believe shares are attractively valued (12x our ’19E EPS of $5.00), ~in-line with 3- year historical averages. We remain BUY-rated and increase our PT to $66 (from $58). We view today’s update favorably as we believe Foot Locker is prudently allocating capital." (2/21/2019)
2. According to Zacks Investment Research, "Shares of Foot Locker have risen and outpaced the industry in a year's time. The company’s focus on development of supply chain, improvement of mobile and web platforms, implementation of new point-of-sale software worldwide, and expansion of data analytics capabilities bode well. The company also plans to spend a major portion of the capital on its fleet of stores, including revamping and remodeling of the same. Such efforts would help attain long-term goals that include sales of $10 billion and net income margin of 8.5%. The company’s third-quarter fiscal 2018 results are the testimony of the same, wherein both the top and bottom lines beat estimates. Although sales fell marginally, earnings grew on a year-over-year basis. However, the comapny has been witnessing an increasing trend in SG&A expenses for quite some time now. Management expects SG&A to rise in the fourth quarter that may strain margins to an extent." (2/4/2019)

Has Foot Locker been receiving favorable news coverage?

News stories about FL stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Foot Locker earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media stories about the athletic footwear retailer a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the near term.

Who are some of Foot Locker's key competitors?

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

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), Home Depot (HD), Micron Technology (MU), Gilead Sciences (GILD), Walt Disney (DIS), Netflix (NFLX), Alibaba Group (BABA), Starbucks (SBUX), Visa (v) and Cisco Systems (CSCO).

Who are Foot Locker's key executives?

Foot Locker's management team includes the folowing people:

Mr. Richard A. Johnson, Chairman, Pres & CEO (Age 61)
Ms. Lauren B. Peters, Exec. VP & CFO (Age 57)
Mr. Pawan Verma, Exec. VP & Chief Information and Customer Connectivity Officer (Age 42)
Mr. Lewis Phillip Kimble, Exec. VP & CEO of International (Age 60)
Mr. Stephen D. Jacobs, Exec. VP & CEO of North America (Age 56)

Who are Foot Locker's major shareholders?

Foot Locker's stock is owned by a number of of retail and institutional investors. Top institutional investors 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 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.

Which major investors are selling Foot Locker stock?

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 John A Maurer, Lauren B Peters, Matthew M Mckenna and Richard A Johnson. View Insider Buying and Selling for Foot Locker.

Which major investors are buying Foot Locker stock?

FL stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Lord Abbett & CO. LLC, LSV Asset Management, Dimensional Fund Advisors LP, North Fourth Asset Management LP, Shellback Capital LP, Canada Pension Plan Investment Board and BlackRock Inc.. View Insider Buying and Selling for Foot Locker.

How do I buy shares of 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.

What is Foot Locker's stock price today?

One share of FL stock can currently be purchased for approximately $59.82.

How big of a company is Foot Locker?

Foot Locker has a market capitalization of $6.75 billion and generates $7.94 billion in revenue each year. The athletic footwear retailer earns $541 million in net income (profit) each year or $4.71 on an earnings per share basis. Foot Locker employs 49,209 workers across the globe.

What is Foot Locker's official website?

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

How can I contact Foot Locker?

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]

MarketBeat Community Rating for Foot Locker (NYSE FL)

Community Ranking:		3.1 out of 5 ( )
Outperform Votes:		1,218 (Vote Outperform)
Underperform Votes:		722 (Vote Underperform)
Total Votes:		1,940

MarketBeat's community ratings are surveys of what our community members think about Foot Locker and other stocks. Vote "Outperform" if you believe FL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FL will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 3/21/2019 by MarketBeat.com Staff