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

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$50.70 +0.95 (+1.91 %)
(As of 08/20/2018 02:30 AM ET)
Previous Close$50.70
Today's Range$49.16 - $50.98
52-Week Range$28.42 - $59.40
Volume3.02 million shs
Average Volume3.29 million shs
Market Capitalization$5.61 billion
P/E Ratio12.34
Dividend Yield2.85%
Beta0.91
Foot Locker logoFoot 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Shoe stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
SymbolNYSE:FL
CUSIP34484910
Phone212-720-3700

Debt

Debt-to-Equity Ratio0.05
Current Ratio3.89
Quick Ratio2.04

Price-To-Earnings

Trailing P/E Ratio12.34
Forward P/E Ratio11.22
P/E Growth1.61

Sales & Book Value

Annual Sales$7.78 billion
Price / Sales0.76
Cash Flow$6.0938 per share
Price / Cash8.32
Book Value$20.78 per share
Price / Book2.44

Profitability

EPS (Most Recent Fiscal Year)$4.11
Net Income$284 million
Net Margins3.45%
Return on Equity19.60%
Return on Assets13.26%

Miscellaneous

Employees49,209
Outstanding Shares116,910,000
Market Cap$5.61 billion

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 Tuesday, May 22nd. Stockholders of record on Friday, July 20th will be given a dividend of $0.345 per share on Friday, August 3rd. This represents a $1.38 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Thursday, July 19th. View Foot Locker's Dividend History.

How will Foot Locker's stock buyback program work?

Foot Locker announced that its board has authorized a stock repurchase program on Thursday, April 6th 2017, which allows the company to buyback $1,200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 12.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) issued its quarterly earnings data on Friday, May, 25th. The athletic footwear retailer reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.25 by $0.20. The athletic footwear retailer had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.96 billion. Foot Locker had a net margin of 3.45% and a return on equity of 19.60%. The business's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.36 EPS. 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, August, 24th 2018. View Earnings Estimates for Foot Locker.

What price target have analysts set for FL?

25 brokerages have issued twelve-month price targets for Foot Locker's stock. Their forecasts range from $40.00 to $70.00. On average, they anticipate Foot Locker's stock price to reach $55.8696 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View Analyst Price Targets for Foot Locker.

What is the consensus analysts' recommendation for Foot Locker?

25 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 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. According to Zacks Investment Research, "Shares of Foot Locker have surged and outpaced the industry in the past three months. 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. Further, it is exploring off-mall retail format opportunities and executing shop-in-shop spaces in collaboration with vendors. Certainly, these efforts would help attain long-term goals that include sales of $10 billion and net income margin of 8.5%. The company’s first-quarter fiscal 2018 results is the testimony of the same, wherein both the top and bottom lines beat expectations and grew year over year. However, higher SG&A expenses and challenging European business due to promotional environment are concerns." (8/14/2018)
  • 2. Canaccord Genuity analysts commented, "FL will report FQ1 results on Friday, May 25 BMO. We are projecting EPS of $1.23 vs. $1.25 consensus on a comp decline of -4%, relatively in line with consensus (-3.9%) and guidance of similar to or worse than 2H17 (-3.7%). While our -4% comp estimate reflects a significant sequential deceleration on a two-year basis and guidance likely has some conservatism built in, we do not see material upside to our estimate due to 1) the pullback in Jordan supply by Nike, 2) moderating sell-throughs in key Adidas platforms like NMD exacerbated by a light launch calendar in Q1, 3) tough comparisons in women’s footwear due to strong sell-throughs of Puma’s Fenty last year, and 4) insufficient depth in Nike’s new platforms Epic React." (5/22/2018)
  • 3. Pivotal Research analysts commented, "2018 BOTTOM LINE: FL reports 1Q18 on Friday, May 25 th before the market opens. We’re modeling 1Q18 and FY18 in line with guidance, which reflects weak quarterly results and not much improvement over the balance of the year. We remain optimistic that the year will be better than FL’s plan, as the product pipeline improves, down-trending franchises become less of a pressure point, and margins recover on cleaner inventory." (5/22/2018)
  • 4. Guggenheim analysts commented, "We see additional upside potential in a more controlled Jordan marketplace and Nike/Adi’s speed initiatives." (3/2/2018)

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), Finish Line (FINL) and Shoe Carnival (SCVL).

Who are Foot Locker's key executives?

Foot Locker's management team includes the folowing people:
  • Mr. Richard A. Johnson, Chairman, Pres & CEO (Age 60)
  • Ms. Lauren B. Peters, Exec. VP & CFO (Age 56)
  • Mr. Pawan Verma, Exec. VP & Chief Information and Customer Connectivity Officer (Age 41)
  • Mr. Lewis Phillip Kimble, Exec. VP & CEO of International (Age 59)
  • Mr. Stephen D. Jacobs, Exec. VP & CEO of North America (Age 55)

Has Foot Locker been receiving favorable news coverage?

Media coverage about FL stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Foot Locker earned a media and rumor sentiment score of 0.16 on Accern's scale. They also gave media coverage about the athletic footwear retailer an impact score of 46.69 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Foot Locker.

Who are Foot Locker's major shareholders?

Foot Locker's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.89%), Bank of New York Mellon Corp (4.37%), Investec Asset Management LTD (2.81%), Dimensional Fund Advisors LP (1.85%), LSV Asset Management (1.61%) and Renaissance Technologies LLC (1.33%). Company insiders that own Foot Locker stock include Cheryl N Turpin, Giovanna Cipriano, Jarobin Gilbert Jr, Lauren B Peters, Lewis Phillip Kimble, Matthew M Mckenna, Nicholas P Dipaolo, 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 FMR LLC, Ruffer LLP, BlackRock Inc., Systematic Financial Management LP, Delek Group Ltd., Morgan Stanley, Miller Value Partners LLC and First Trust Advisors LP. Company insiders that have sold Foot Locker company stock in the last year include Giovanna Cipriano, Jarobin Gilbert Jr, Lauren B Peters, Lewis Phillip Kimble, 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 Renaissance Technologies LLC, LSV Asset Management, Advisors Asset Management Inc., Pzena Investment Management LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Thompson Siegel & Walmsley LLC and Bank of America Corp DE. 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 $50.70.

How big of a company is Foot Locker?

Foot Locker has a market capitalization of $5.61 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.

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 (star star star)
Outperform Votes:  1,064 (Vote Outperform)
Underperform Votes:  634 (Vote Underperform)
Total Votes:  1,698
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 8/20/2018 by MarketBeat.com Staff

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