Nike Company Profile (NYSE:NKE)

Nike trades on the New York Stock Exchange (NYSE) under the ticker symbol "NKE."

Nike declared a quarterly dividend on Thursday, August 10th. Investors of record on Tuesday, September 5th will be paid a dividend of $0.18 per share on Monday, October 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Thursday, August 31st. View Nike's Dividend History.

Nike shares split on Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly issued 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.

Nike, Inc. (NYSE:NKE) posted its earnings results on Tuesday, September, 26th. The company reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.09. The business earned $9.07 billion during the quarter, compared to analysts' expectations of $9.08 billion. Nike had a return on equity of 31.88% and a net margin of 11.47%. The business's quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share. View Nike's Earnings History.

Nike is scheduled to release their next quarterly earnings announcement on Monday, December, 18th 2017. View Earnings Estimates for Nike.

39 brokers have issued 1-year target prices for Nike's shares. Their predictions range from $42.00 to $70.00. On average, they anticipate Nike's share price to reach $58.93 in the next twelve months. View Analyst Ratings for Nike.

Here are some recent quotes from research analysts about Nike stock:

• 1. According to Zacks Investment Research, "NIKE’s robust growth and innovation efforts have been reflected in every quarter’s results for over three fiscal years now. The company’s last reported quarter gained from strength in international business and the global NIKE Direct business. Also, NIKE has been focused on its Consumer Direct Offense plan. Driven by its Triple Double strategy, this restructuring plan focuses on using digital methods for rapid innovation and product development, along with strengthening consumer relations by operating through core regions. However, the company has lagged the industry in the past three months due to lackluster sales in its key North American market. Notably, sales in the region dipped 3% in first-quarter fiscal 2018, wherein the gross margin was hurt by currency woes and a higher mix of off-price sales. The company anticipates near-term results to be hurt by the tough retail environment, which led to a bleak second quarter view." (10/13/2017)
• 2. Buckingham Research analysts commented, "become too myopically focused on near-term noise," (9/28/2017)
• 3. FBR & Co analysts commented, "NIKE reported F1Q18 EPS of $0.57 vs. FBR/consensus of $0.50/$0.48, reflecting SGA leverage of +48 BPS (vs. FBR/consensus of -0.50%/-0.99% and SGA expense guidance of +MSD), partially offset by GM decline of -180 bps (vs. FBR/consensus of –200 bps/–182 bps and guidance of –150 bps to –180 bps). Revenues were in line with flat guidance vs. FBR/consensus of +0.8%/+0.3%, driven by strong growth in international markets and Nike Direct offset by a decline in NA wholesale revenue. Management guided F2Q18 sales to +LSD (vs. FBR/consensus of +3.1%/+3.6%) and expects GM contraction for F2Q18 to be in line with F1Q18 (-180 bps vs. FBR/ consensus of –60 bps/–93 bps), while SGA is expected to grow +LDD (vs. FBR/ consensus of -40 bps/-18 bps). NKE experienced strong consumer responses to key products including Pegasus 34, Vaporfly, and Zoom Fly sneakers, and the Air VaporMax, which holds the number one premium sneaker market share in the US." (9/27/2017)
• 4. UBS AG analysts commented, "The Swoosh garden atop the Nike headquarters in NYC." (6/27/2017)
• 5. Deutsche Bank AG analysts commented, "Nike's earnings print sounded alarm bells through (1) forecasting weaker than expected 4Q revenues, (2) missing 3Q GPM plan and guiding 4Q lower due to a promotional NA environment, (3) not giving specific FY18 guidance, which was expected (other than to cite major FX headwinds), and (4) futures slowing for the 5th consecutive quarter to -1% (on CC) from 2% last period. While the last point has less significance than in prior years, the preceding items net to a lowering of our FY18 EPS forecast by 3% and will restart the debate on the appropriate valuation. We stay the course with a LT favorable view and Buy rating as NKE remains a traffic driving consumer brand with pricing power (far from a commodity in retail) and the company's new 'Triple-Double' plan to double the (a) cadence and scale of product innovation, (b) speed of the supply chain, and (c) direct connections with the consumer, which should lead to an acceleration in top & bottom line in FY18 and beyond, in our view." (3/22/2017)

Some companies that are related to Nike include Comcast Corporation (CMCSA), Walt Disney Company (The) (DIS), Naspers (NPSNY), Charter Communications (CHTR), Netflix (NFLX), Time Warner (TWX), Twenty-First Century Fox (FOXA), Twenty-First Century Fox (FOX), Carnival Corporation (CUK), Carnival Corporation (CCL), Sony Corp Ord (SNE), Nintendo (NTDOY), Nintendo Co., Ltd (NTDOY), Activision Blizzard (ATVI), Adidas AG (ADDYY), Marriott International (MAR), Sands China (SCHYY) and Electronic Arts (EA).

Nike's management team includes the folowing people:

• Mark G. Parker, Chairman of the Board, President, Chief Executive Officer
• Andrew Campion, Chief Financial Officer, Executive Vice President
• Trevor A. Edwards, President - Nike Brand
• Michael Spillane, President - Product and Merchandising
• Eric D. Sprunk, Chief Operating Officer
• Hilary K. Krane, Executive Vice President, Chief Administrative Officer, General Counsel
• John F. Slusher, Executive Vice President - Global Sports Marketing
• David J. Ayre, Executive Vice President - Global Human Resources
• Chris L. Abston, Vice President, Corporate Controller
• Timothy D. Cook, Lead Independent Director

Nike's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.27%), Rockefeller Financial Services Inc. (0.09%), Strs Ohio (0.06%), Robeco Institutional Asset Management B.V. (0.05%), Oakbrook Investments LLC (0.04%) and Nationwide Fund Advisors (0.03%). Company insiders that own Nike stock include Andrew Campion, David J Ayre, Eric D Sprunk, Hilary K Krane, Jeanne P Jackson, John C Lechleiter, John F Slusher, John R Thompson Jr, Johnathan A Rodgers, Mark G Parker, Timothy D Cook and Trevor A Edwards. View Institutional Ownership Trends for Nike.

Nike's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, APG Asset Management N.V., Rockefeller Financial Services Inc., Strs Ohio, Personal Capital Advisors Corp, Park National Corp OH, Verde Servicos Internacionais S.A. and State Treasurer State of Michigan. Company insiders that have sold Nike stock in the last year include Andrew Campion, David J Ayre, Eric D Sprunk, Hilary K Krane, John F Slusher, John R Thompson Jr, Johnathan A Rodgers, Mark G Parker and Trevor A Edwards. View Insider Buying and Selling for Nike.

Nike's stock was purchased by a variety of institutional investors in the last quarter, including Oakbrook Investments LLC, Assenagon Asset Management S.A., Adviser Investments LLC, Merriman Wealth Management LLC, Mizuho Securities USA LLC, Whittier Trust Co., Shell Asset Management Co. and Nationwide Fund Advisors. View Insider Buying and Selling for Nike.

Shares of Nike can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Nike stock can currently be purchased for approximately $53.66.