Foot Locker Stock Forecast, Price & News

Foot Locker's stock was trading at $25.04 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FL stock has increased by 52.3% and is now trading at $38.13.
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21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last year. There are currently 2 sell ratings, 6 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Foot Locker or view MarketBeat's top 5 stock picks.

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Foot Locker is scheduled to release its next quarterly earnings announcement on Friday, February 26th 2021.
View our earnings forecast for Foot Locker.

Foot Locker, Inc. (NYSE:FL) announced its quarterly earnings results on Thursday, November, 19th. The athletic footwear retailer reported $1.21 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.63 by $0.58. The athletic footwear retailer earned $2.11 billion during the quarter, compared to analyst estimates of $1.94 billion. Foot Locker had a return on equity of 12.40% and a net margin of 2.88%.
View Foot Locker's earnings history.

Foot Locker declared a quarterly dividend on Tuesday, November 17th. Investors of record on Friday, January 15th will be paid a dividend of $0.15 per share on Friday, January 29th. This represents a $0.60 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, January 14th.
View Foot Locker's dividend history.

Foot Locker declared that its Board of Directors has authorized a share buyback plan on Wednesday, February 20th 2019, 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 17.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its stock is undervalued.

21 equities research analysts have issued 1-year price targets for Foot Locker's shares. Their forecasts range from $20.00 to $52.00. On average, they expect Foot Locker's share price to reach $39.21 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts' price targets for Foot Locker.

Foot Locker saw a decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,800,000 shares, a decrease of 25.7% from the September 30th total of 9,150,000 shares. Based on an average trading volume of 2,930,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 7.0% of the shares of the stock are short sold.
View Foot Locker's Short Interest.

Some companies that are related to Foot Locker include The TJX Companies (TJX), Ross Stores (ROST), The Gap (GPS), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Abercrombie & Fitch (ANF), The Buckle (BKE), Guess' (GES), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Genesco (GCO), Caleres (CAL) and Citi Trends (CTRN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Foot Locker investors own include Intel (INTC), The Walt Disney (DIS), The Home Depot (HD), Micron Technology (MU), CVS Health (CVS), Cisco Systems (CSCO), QUALCOMM (QCOM), Bank of America (BAC), Gilead Sciences (GILD) and Alibaba Group (BABA).

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

Foot Locker's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.90%), Boston Partners (5.28%), LSV Asset Management (4.52%), State Street Corp (2.50%), Arrowstreet Capital Limited Partnership (2.38%) and AQR Capital Management LLC (1.08%). Company insiders that own Foot Locker stock include John A Maurer, Matthew M Mckenna, Richard A Johnson, Vesa Equity Investment SA RL and William Scott Martin.
View institutional ownership trends for Foot Locker.

FL stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Squarepoint Ops LLC, US Bancorp DE, First Trust Advisors LP, Nissay Asset Management Corp Japan ADV, Thrivent Financial for Lutherans, Principal Financial Group Inc., and Wells Fargo & Company MN. Company insiders that have sold Foot Locker company stock in the last year include John A Maurer, Richard A Johnson, and William Scott Martin.
View insider buying and selling activity for Foot Locker.

FL stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Samlyn Capital LLC, Charles Schwab Investment Management Inc., BlackRock Inc., Voloridge Investment Management LLC, Mackay Shields LLC, Cubist Systematic Strategies LLC, and Morgan Stanley.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of FL stock can currently be purchased for approximately $38.13.

Foot Locker has a market capitalization of $3.98 billion and generates $8.01 billion in revenue each year. The athletic footwear retailer earns $491 million in net income (profit) each year or $4.93 on an earnings per share basis. Foot Locker employs 15,589 workers across the globe.

The official website for Foot Locker is 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 [email protected]