NYSE:FLFoot Locker Stock Price, Forecast & News

Foot Locker's stock was trading at $25.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FL shares have increased by 11.8% and is now trading at $28.00. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last year. There are currently 2 sell ratings, 11 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Foot Locker.

Foot Locker is scheduled to release its next quarterly earnings announcement on Friday, August 28th 2020. View our earnings forecast for Foot Locker.

Foot Locker, Inc. (NYSE:FL) posted its quarterly earnings results on Friday, May, 22nd. The athletic footwear retailer reported ($0.67) earnings per share for the quarter, missing analysts' consensus estimates of ($0.17) by $0.50. The athletic footwear retailer earned $1.18 billion during the quarter, compared to analysts' expectations of $1.31 billion. Foot Locker had a return on equity of 12.13% and a net margin of 3.21%. The business's quarterly revenue was down 43.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.53 EPS. View Foot Locker's earnings history.

Foot Locker declared a quarterly dividend on Thursday, February 20th. Stockholders of record on Friday, April 17th will be given a dividend of $0.40 per share on Friday, May 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date is Thursday, April 16th. This is a boost from Foot Locker's previous quarterly dividend of $0.38. View Foot Locker's dividend history.

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

21 analysts have issued 1-year price targets for Foot Locker's shares. Their forecasts range from $20.00 to $53.00. On average, they expect Foot Locker's share price to reach $34.05 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for Foot Locker.

Media headlines about FL stock have been trending negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Foot Locker earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the athletic footwear retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Foot Locker.

Some companies that are related to Foot Locker include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Zumiez (ZUMZ), Abercrombie & Fitch (ANF), Guess? (GES), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Foot Locker investors own include Intel (INTC), Walt Disney (DIS), Home Depot (HD), Cisco Systems (CSCO), Gilead Sciences (GILD), Alibaba Group (BABA), CVS Health (CVS), Netflix (NFLX), Starbucks (SBUX) and QUALCOMM (QCOM).

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

Foot Locker's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.06%) and Smithbridge Asset Management Inc. DE (0.03%). Company insiders that own Foot Locker stock include John A Maurer, Matthew M Mckenna 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 Smithbridge Asset Management Inc. DE. View insider buying and selling activity for Foot Locker.

FL stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $28.00.

Foot Locker has a market capitalization of $2.92 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]