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 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 2.55%. 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.

Foot Locker announced that its Board of Directors has initiated a share buyback plan on Wednesday, February 20th 2019, which allows the company to repurchase $1,200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 17.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

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

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

21 brokerages have issued twelve-month price targets for Foot Locker's shares. Their predictions range from $44.00 to $85.00. On average, they anticipate Foot Locker's stock price to reach $64.35 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets 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.

News coverage about FL stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 1.1 on InfoTrie's scale. They also gave news articles about the athletic footwear retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Foot Locker include Tesco (TSCDY), AutoZone (AZO), Dollar Tree (DLTR), Ctrip.Com International (CTRP), Mercadolibre (MELI), HENNES & MAURIT/ADR (HNNMY), Kroger (KR), Best Buy (BBY), Ulta Beauty (ULTA), Expedia Group (EXPE), Fastenal (FAST), Chipotle Mexican Grill (CMG), IAC/InterActiveCorp (IAC), Yum China (YUMC) and Restaurant Brands International (QSR).

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), Walt Disney (DIS), Netflix (NFLX), Micron Technology (MU), Alibaba Group (BABA), Starbucks (SBUX), Visa (v) and Cisco Systems (CSCO).

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.

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.

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.

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 $59.52.

Foot Locker has a market capitalization of $6.72 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.

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 ir[email protected]