About Nike (NYSE:NKE)
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, men's training, women's training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment under the NIKE brand for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites, mobile applications, independent distributors, and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Industry, Sector and Symbol
Trailing P/E Ratio28.5325910501777
Forward P/E Ratio29.16
Sales & Book Value
Annual Sales$34.35 billion
Price / Sales3.12
Cash Flow$3.02 per share
Price / Cash21.85
Book Value$7.55 per share
Price / Book8.73
Net Income$4.24 billion
Return on Equity31.64%
Return on Assets16.43%
Nike (NYSE:NKE) Frequently Asked Questions
What is Nike's stock symbol?
Nike trades on the New York Stock Exchange (NYSE) under the ticker symbol "NKE."
How often does Nike pay dividends? What is the dividend yield for Nike?
Nike announced a quarterly dividend on Thursday, February 15th. Stockholders of record on Monday, March 5th will be given a dividend of $0.20 per share on Monday, April 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Friday, March 2nd. View Nike's Dividend History.
When did Nike's stock split? How did Nike's stock split work?
Shares of Nike split before market open on Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly created shares were payable to shareholders after the market closes on Wednesday, December 23rd 2015. An investor that had 100 shares of Nike stock prior to the split would have 200 shares after the split.
How were Nike's earnings last quarter?
Nike (NYSE:NKE) issued its quarterly earnings data on Thursday, December, 21st. The footwear maker reported $0.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.06. The footwear maker had revenue of $8.55 billion for the quarter, compared to the consensus estimate of $8.39 billion. Nike had a net margin of 11.13% and a return on equity of 31.64%. The firm's quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.50 EPS. View Nike's Earnings History.
When will Nike make its next earnings announcement?
Where is Nike's stock going? Where will Nike's stock price be in 2018?
38 analysts have issued twelve-month price targets for Nike's shares. Their forecasts range from $42.00 to $80.00. On average, they expect Nike's share price to reach $65.69 in the next year. View Analyst Ratings for Nike.
What are Wall Street analysts saying about Nike stock?
Here are some recent quotes from research analysts about Nike stock:
- 1. According to Zacks Investment Research, "NIKE has been witnessing lackluster sales trend in its key North American market, which remains a major headwind. While earnings and sales topped estimates for second-quarter fiscal 2018, the North America business continued to struggle backed by uninspiring product assortments, increased promotions and intensified competition. We believe the promotional environment in North America is likely to continue hurting the segment’s results. Additionally, the company’s strained margins and higher SG&A expenses are likely to weigh on results throughout fiscal 2018. Consequently, the company reiterated previously outlined soft outlook for fiscal 2018. However, NIKE surpassed the sector in the past three months driven by strength in international business and the global NIKE Direct business. Additionally, a strong line-up of product innovations to be launched in the back half of the fiscal year is likely to enhance performance." (2/20/2018)
- 2. FBR & Co analysts commented, "We attended Nike’s Analyst Day in Beaverton, OR on October 25, 2017 where Nike showcased several new products/innovations and elaborated on their Consumer Direct Offense and Triple Double strategies and introduced its new membership program NikePlus. Management expects these initiatives to drive +HSD topline and +MT EPS growth over the next 5 years, reaching $50B in sales in 5 years (pushed out 1 year from LY). We were impressed with Nike’s new NikePlus program, focus on digital, how it is transforming its supply chain and getting product to consumers, and some of the new innovation/product. However, we believe the NA athletic environment will remain difficult for the next 1-2 years which will be a headwind for NKE near term, and would look to get more constructive on NKE at a lower valuation or evidence that NKE can overcome these headwinds near term. We also believe NKE’s scale, superior supply chain, innovation pipeline, digital/DTC focus, and sponsorship roster will make it difficult for smaller athletic players (i.e." (10/27/2017)
- 3. Buckingham Research analysts commented, "become too myopically focused on near-term noise," (9/28/2017)
Who are some of Nike's key competitors?
Some companies that are related to Nike include adidas (ADDYY), VF (VFC), Anta Sports Produc (ANPDF), PVH (PVH), Lululemon Athletica (LULU), Michael Kors (KORS), Ralph Lauren (RL), Under Armour (UAA), Hanesbrands (HBI), Skechers USA (SKX), Gildan Activewear (GIL), Under Armour (UA), Hugo Boss (BOSSY), Columbia Sportswear (COLM), Carter's (CRI), Deckers Outdoor (DECK), Wolverine World Wide (WWW) and Steven Madden (SHOO).
Who are Nike's key executives?
Nike's management team includes the folowing people:
- Mr. Mark G. Parker, Chairman, CEO & Pres (Age 62)
- Mr. Andrew Campion, CFO & Exec. VP (Age 46)
- Mr. Eric D. Sprunk, Chief Operating Officer (Age 54)
- Mr. Trevor A. Edwards, Pres of NIKE Brand (Age 55)
- Mr. Michael Spillane, Pres of Categories & Product (Age 58)
Has Nike been receiving favorable news coverage?
News stories about NKE stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nike earned a news impact score of 0.24 on Accern's scale. They also assigned news articles about the footwear maker an impact score of 43.81 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Nike's major shareholders?
Nike's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.87%), Bank of New York Mellon Corp (1.66%), Geode Capital Management LLC (0.89%), Alliancebernstein L.P. (0.80%), Polen Capital Management LLC (0.78%) and Franklin Resources Inc. (0.63%). Company insiders that own Nike stock include Andrew Campion, David J Ayre, Eric D Sprunk, Hilary K Krane, John C Lechleiter, John F Slusher, John R Thompson Jr, Johnathan A Rodgers, Mark G Parker, Monique S Matheson and Trevor A Edwards. View Institutional Ownership Trends for Nike.
Which major investors are selling Nike stock?
NKE stock was sold by a variety of institutional investors in the last quarter, including Generation Investment Management LLP, TIAA CREF Investment Management LLC, Alliancebernstein L.P., Mackenzie Financial Corp, HS Management Partners LLC, Two Sigma Advisers LP, Global Thematic Partners LLC and Credit Agricole S A. Company insiders that have sold Nike company stock in the last year include Andrew Campion, Eric D Sprunk, Hilary K Krane, John F Slusher, John R Thompson Jr, Johnathan A Rodgers, Mark G Parker, Monique S Matheson and Trevor A Edwards. View Insider Buying and Selling for Nike.
Which major investors are buying Nike stock?
NKE stock was acquired by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, Amundi Pioneer Asset Management Inc., Quantitative Investment Management LLC, Winslow Capital Management LLC, Eaton Vance Management, Obermeyer Wood Investment Counsel Lllp, Vontobel Asset Management Inc. and MetLife Investment Advisors LLC. View Insider Buying and Selling for Nike.
How do I buy shares of Nike?
Shares of NKE 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 Nike's stock price today?
One share of NKE stock can currently be purchased for approximately $65.91.
How big of a company is Nike?
Nike has a market capitalization of $107.23 billion and generates $34.35 billion in revenue each year. The footwear maker earns $4.24 billion in net income (profit) each year or $2.31 on an earnings per share basis. Nike employs 74,400 workers across the globe.
How can I contact Nike?
Nike's mailing address is ONE BOWERMAN DRIVE, BEAVERTON OR, 97005. The footwear maker can be reached via phone at 503-671-6453 or via email at [email protected]
MarketBeat Community Rating for Nike (NKE)MarketBeat's community ratings are surveys of what our community members think about Nike and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Nike (NYSE:NKE) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Hold|
|Consensus Rating Score: ||2.58||2.55||2.46||2.42|
|Ratings Breakdown: ||1 Sell Rating(s)|
14 Hold Rating(s)
23 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
15 Hold Rating(s)
22 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
17 Hold Rating(s)
20 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
15 Hold Rating(s)
18 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$65.69||$65.16||$61.56||$59.83|
|Price Target Upside: ||0.33% downside||4.78% downside||5.02% downside||12.19% upside|
Nike (NYSE:NKE) Consensus Price Target History
Nike (NYSE:NKE) Analyst Ratings History
(Data available from 3/19/2016 forward)