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

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$60.01 -0.04 (-0.07 %)
(As of 02/22/2019 07:06 AM ET)
Previous Close$60.05
Today's Range$59.64 - $61.36
52-Week Range$38.17 - $61.36
Volume2.45 million shs
Average Volume1.74 million shs
Market Capitalization$6.77 billion
P/E Ratio14.60
Dividend Yield2.30%
Beta0.77
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$7.78 billion
Cash Flow$5.7646 per share
Book Value$20.78 per share

Profitability

Net Income$284 million

Miscellaneous

Employees49,209
Market Cap$6.77 billion
Next Earnings Date3/1/2019 (Confirmed)
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. Stockholders 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 dividend yield of 2.53%. The ex-dividend date of this dividend is Wednesday, April 17th. This is a positive change 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 authorized a share repurchase plan on Thursday, April 6th 2017, which authorizes the company to repurchase $1,200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 12.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) posted its quarterly earnings data on Friday, August, 24th. The athletic footwear retailer reported $0.75 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.05. The athletic footwear retailer earned $1.78 billion during the quarter, compared to analysts' expectations of $1.76 billion. Foot Locker had a net margin of 4.24% and a return on equity of 21.01%. The firm's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 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, March 1st 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, March 1st 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?

19 brokerages have issued 12-month price objectives for Foot Locker's shares. Their predictions range from $44.00 to $67.00. On average, they expect Foot Locker's share price to reach $59.3529 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Foot Locker.

What is the consensus analysts' recommendation for Foot Locker?

19 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 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. 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?

Press coverage about FL stock has been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Foot Locker earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news headlines about the athletic footwear retailer a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.

Who are some of Foot Locker's key competitors?

Some companies that are related to Foot Locker include DSW (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), Gilead Sciences (GILD), Walt Disney (DIS), Netflix (NFLX), Micron Technology (MU), Starbucks (SBUX), Alibaba Group (BABA), 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 many different of retail and institutional 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 Cheryl N Turpin, 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 major 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 Jarobin Gilbert Jr, John A Maurer, Lauren B Peters, Lewis Phillip Kimble, Matthew M Mckenna and Richard A Johnson. View Insider Buying and Selling for Foot Locker.

Which major investors are buying Foot Locker stock?

FL stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, LSV Asset Management, Dimensional Fund Advisors LP, North Fourth Asset Management LP, Shellback Capital LP, Canada Pension Plan Investment Board, BlackRock Inc. and Geode Capital Management 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 $60.01.

How big of a company is Foot Locker?

Foot Locker has a market capitalization of $6.77 billion and generates $7.78 billion in revenue each year. The athletic footwear retailer earns $284 million in net income (profit) each year or $4.11 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 (star star star)
Outperform Votes:  1,195 (Vote Outperform)
Underperform Votes:  706 (Vote Underperform)
Total Votes:  1,901
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 2/22/2019 by MarketBeat.com Staff

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