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

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$56.91 -2.91 (-4.86 %)

(As of 03/22/2019 04:00 PM ET)

Previous Close$56.91

Today's Range$56.3101 - $59.71

52-Week Range$40.02 - $68.00

Volume3.03 million shs

Average Volume3.42 million shs

Market Capitalization$6.42 billion

P/E Ratio12.08

Dividend Yield2.31%

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.

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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 Ratio12.08

Forward P/E Ratio10.94

P/E Growth1.25

Sales & Book Value

Annual Sales$7.94 billion

Price / Sales0.81

Cash Flow$6.1128 per share

Price / Cash Flow9.31

Book Value$22.20 per share

Price / Book2.56

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$6.42 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. 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 dividend on an annualized basis and a yield of 2.67%. 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.

How will Foot Locker's stock buyback program work?

Foot Locker announced that its board has initiated a stock buyback 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 an indication that the company's board of directors believes its shares are undervalued.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) announced its quarterly earnings data on Friday, March, 1st. The athletic footwear retailer reported $1.56 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.16. The athletic footwear retailer had revenue of $2.27 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 brokers have issued twelve-month target prices for Foot Locker's stock. Their forecasts range from $44.00 to $85.00. On average, they expect Foot Locker's stock price to reach $64.35 in the next year. This suggests a possible upside of 13.1% 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?

Headlines about FL stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Foot Locker earned a news impact score of 0.6 on InfoTrie's scale. They also assigned news headlines about the athletic footwear retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future.

Who are some of Foot Locker's key competitors?

Some companies that are related to Foot Locker include Designer Brands (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 institutional and retail 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 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 institutional 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 institutional 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 $56.91.

How big of a company is Foot Locker?

Foot Locker has a market capitalization of $6.42 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 3/23/2019 by MarketBeat.com Staff