Foot Locker Stock Forecast, Price & News

Foot Locker's stock was trading at $25.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FL stock has increased by 89.9% and is now trading at $47.55.
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22 Wall Street research 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 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Foot Locker stock.
View analyst ratings for Foot Locker or view MarketBeat's top 5 stock picks.

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6,978 employees have rated Foot Locker CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Foot Locker's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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) released its quarterly earnings data on Thursday, November, 19th. The athletic footwear retailer reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.58. The athletic footwear retailer had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $1.94 billion. Foot Locker had a return on equity of 12.35% and a net margin of 4.66%.
View Foot Locker's earnings history.

Foot Locker announced a quarterly dividend on Tuesday, November 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Thursday, January 14th.
View Foot Locker's dividend history.

Foot Locker pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.25%. Foot Locker does not yet have a strock track record of dividend growth. The dividend payout ratio of Foot Locker is 12.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Foot Locker will have a dividend payout ratio of 13.79% next year. This indicates that Foot Locker will be able to sustain or increase its dividend.
View Foot Locker's dividend history.

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

22 Wall Street analysts have issued 12 month price objectives for Foot Locker's stock. Their forecasts range from $20.00 to $58.00. On average, they anticipate Foot Locker's share price to reach $41.50 in the next year. This suggests that the stock has a possible downside of 12.7%.
View analysts' price targets for Foot Locker or view Wall Street analyst' top-rated stocks.

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), The Buckle (BKE), Guess' (GES), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Caleres (CAL), Citi Trends (CTRN), Shoe Carnival (SCVL) and Genesco (GCO).
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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 retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.33%), CX Institutional (0.05%), Pacer Advisors Inc. (0.04%), Edmp Inc. (0.03%), Bowling Portfolio Management LLC (0.03%) and Smithbridge Asset Management Inc. DE (0.03%). Company insiders that own Foot Locker stock include John A Maurer, Lauren B Peters, 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 OLD National Bancorp IN, CX Institutional, Smithbridge Asset Management Inc. DE, Wedge Capital Management L L P NC, Crossmark Global Holdings Inc., Bowling Portfolio Management LLC, Westside Investment Management Inc., and Edmp Inc.. Company insiders that have sold Foot Locker company stock in the last year include John A Maurer, Lauren B Peters, Richard A Johnson, and William Scott Martin.
View insider buying and selling activity for Foot Locker or view top insider-selling stocks.

FL stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Pacer Advisors Inc., Unison Advisors LLC, Sowell Financial Services LLC, and International Assets Investment Management LLC.
View insider buying and selling activity for Foot Locker or or view top insider-buying stocks.

Shares of FL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FL stock can currently be purchased for approximately $47.55.

Foot Locker has a market capitalization of $4.96 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 50,999 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]