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

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$59.67 -2.15 (-3.48 %)
(As of 04/22/2019 04:00 PM ET)
Previous Close$61.82
Today's Range$59.45 - $61.80
52-Week Range$40.02 - $68.00
Volume1.89 million shs
Average Volume2.70 million shs
Market Capitalization$6.70 billion
P/E Ratio12.67
Dividend Yield2.46%
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

Industry Shoe stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
CUSIP34484910
Phone212-720-3700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.94 billion
Cash Flow$6.1963 per share
Book Value$22.20 per share

Profitability

Net Income$541 million

Miscellaneous

Employees49,331
Market Cap$6.70 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 declared a quarterly dividend on Thursday, February 21st. Stockholders 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 annualized dividend and a dividend 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.

How will Foot Locker's stock buyback program work?

Foot Locker declared that its board has approved a share buyback program on Wednesday, February 20th 2019, which permits the company to repurchase $1,200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 17.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) posted its earnings results on Friday, March, 1st. The athletic footwear retailer reported $1.56 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.39 by $0.17. 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 net margin of 6.81% and a return on equity of 21.92%. Foot Locker's 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 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.

How can I listen to Foot Locker's earnings call?

Foot Locker will be holding an earnings conference call on Friday, May 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for FL?

20 equities research analysts have issued 1-year price objectives for Foot Locker's stock. Their predictions range from $44.00 to $85.00. On average, they expect Foot Locker's stock price to reach $66.0526 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Foot Locker.

What is the consensus analysts' recommendation for Foot Locker?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last year. There are currently 1 sell rating, 6 hold ratings and 13 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. Pivotal Research analysts commented, "We wouldn’t dismiss this as a competitive pressure, and we would be foolish to think that Nike needs Foot Locker more than Foot Locker needs Nike. That said, we are encouraged by how FL’s customer engagement is evolving, which includes partnering with the brands to create unique products and increasingly selling those products in unique environments. In short, we believe that FL brings a lot of value to its partnerships, and that value creates demand." (3/29/2019)
  • 2. 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)
  • 3. 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?

Media coverage about FL stock has trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. 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 daily sentiment score of -2.3 on InfoTrie's scale. They also gave news stories about the athletic footwear retailer a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.

Who are some of Foot Locker's key competitors?

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

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 variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.29%), Gateway Investment Advisers LLC (0.10%), Nisa Investment Advisors LLC (0.06%), Northpointe Capital LLC (0.05%), Retirement Systems of Alabama (0.05%) and Bowling Portfolio Management LLC (0.04%). 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 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 Scout Investments Inc., Eqis Capital Management Inc., Gateway Investment Advisers LLC, Meeder Asset Management Inc., Quantitative Systematic Strategies LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue and Alpha Windward LLC. 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 Northpointe Capital LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, Polianta Ltd, MorganRosel Wealth Management LLC, NuWave Investment Management LLC, WESPAC Advisors LLC and Oakbrook Investments LLC. 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 $59.67.

How big of a company is Foot Locker?

Foot Locker has a market capitalization of $6.70 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 49,331 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 (star star star)
Outperform Votes:  1,232 (Vote Outperform)
Underperform Votes:  731 (Vote Underperform)
Total Votes:  1,963
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 4/22/2019 by MarketBeat.com Staff

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