NIKE Stock Price, News & Analysis (NYSE:NKE)

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NKE shares.
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34 brokers have issued 1 year target prices for NIKE's shares. Their NKE share price targets range from $92.00 to $150.00. On average, they expect the company's share price to reach $122.17 in the next year. This suggests a possible upside of 12.4% from the stock's current price.
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NIKE's stock was trading at $117.01 at the beginning of the year. Since then, NKE stock has decreased by 7.1% and is now trading at $108.71.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 21st 2023.
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NIKE will be holding an earnings conference call on Thursday, December 21st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

NIKE, Inc. (NYSE:NKE) posted its quarterly earnings data on Thursday, September, 28th. The footwear maker reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.20. The footwear maker had revenue of $12.90 billion for the quarter, compared to the consensus estimate of $13 billion. NIKE had a net margin of 9.82% and a trailing twelve-month return on equity of 34.97%. NIKE's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 EPS.
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NIKE declared a quarterly dividend on Tuesday, November 14th. Shareholders of record on Monday, December 4th will be paid a dividend of $0.37 per share on Tuesday, January 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend is Friday, December 1st. This is an increase from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for NKE.

NIKE (NYSE:NKE) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.26%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 41.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NKE will have a dividend payout ratio of 31.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NKE.

ETFs with the largest weight of NIKE (NYSE:NKE) stock in their portfolio include IQ Healthy Hearts ETF (HART), Consumer Discretionary Select Sector SPDR Fund (XLY), Monarch Blue Chips Core ETF (MBCC), First Trust Dow 30 Equal Weight ETF (EDOW), Hennessy Stance ESG Large Cap ETF (STNC), Daily Consumer Discretionary Bull 3X (WANT), Goldman Sachs Future Consumer Equity ETF (GBUY) and Invesco Large Cap Growth ETF (PWB).

NIKE shares split before market open on Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly issued shares were issued to shareholders after the closing bell on Wednesday, December 23rd 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

NIKE announced that its board has authorized a share buyback plan on Monday, June 27th 2022, which permits the company to repurchase $18,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 11% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

453 employees have rated NIKE Chief Executive Officer John Donahoe on Glassdoor.com. John Donahoe has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other NIKE investors own include Walt Disney (DIS), NVIDIA (NVDA), Netflix (NFLX), Visa (V), Alibaba Group (BABA), Home Depot (HD), Starbucks (SBUX), Intel (INTC), Johnson & Johnson (JNJ) and Tesla (TSLA).

NIKE's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Morgan Stanley (1.74%), Bank of New York Mellon Corp (1.28%), FMR LLC (1.22%), Northern Trust Corp (1.02%), Jennison Associates LLC (0.56%) and Legal & General Group Plc (0.55%). Insiders that own company stock include Andrew Campion, Chris L Abston, Chris L Abston, Elizabeth J Comstock, Heidi O'neill, Hilary K Krane, Hilary K Krane, Johanna Nielsen, John G Connors, John G Connors, John W Rogers Jr, Mark G Parker, Matthew Friend, Monique S Matheson, Monique S Matheson, Peter B Henry, Robert Holmes Swan and Timothy D Cook.
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Shares of NKE stock 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.
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