NYSE:NKE - Nike Stock Price, Price Target & More

Question 1

What is Nike's stock symbol?

Answer

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

Question 2

How often does Nike pay dividends? What is the dividend yield for Nike?

Answer

Nike declared a quarterly dividend on Thursday, May 10th. Stockholders of record on Monday, June 4th will be paid a dividend of $0.20 per share on Thursday, July 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, June 1st. View Nike's Dividend History.

Question 3

When did Nike's stock split? How did Nike's stock split work?

Answer

Nike's stock split on the morning of Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly created shares were issued to shareholders after the closing bell 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.

Question 4

How will Nike's stock buyback program work?

Answer

Nike announced that its Board of Directors has approved a share repurchase plan on Thursday, June 28th 2018, which allows the company to repurchase $15,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 12.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Question 5

How were Nike's earnings last quarter?

Answer

Nike Inc (NYSE:NKE) posted its quarterly earnings data on Thursday, June, 28th. The footwear maker reported $0.69 EPS for the quarter, beating the Zacks' consensus estimate of $0.64 by $0.05. The footwear maker had revenue of $9.79 billion for the quarter, compared to analysts' expectations of $9.40 billion. Nike had a return on equity of 36.57% and a net margin of 5.31%. The firm's revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 earnings per share. View Nike's Earnings History.

Question 6

When is Nike's next earnings date?

Answer

Nike is scheduled to release their next quarterly earnings announcement on Monday, September, 24th 2018. View Earnings Estimates for Nike.

Question 7

What price target have analysts set for NKE?

Answer

39 equities research analysts have issued 1 year target prices for Nike's shares. Their forecasts range from $42.00 to $90.00. On average, they expect Nike's stock price to reach $76.8959 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Ratings for Nike.

Question 8

What is the consensus analysts' recommendation for Nike?

Answer

39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nike in the last year. There are currently 2 sell ratings, 15 hold ratings and 22 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Question 9

What are Wall Street analysts saying about Nike stock?

Answer

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

1. Pivotal Research analysts commented, "We also expect NKE to reiterate its FY19 guidance. While a trade war, especially with NKE’s sales) poses some risk, we believe NKE is poised to continue taking market share around the globe in FY19. In short, we have a positive bias towards NKE, but we’re hesitant to be too constructive on the shares at a P/E of 27x; hence our HOLD rating." (6/26/2018)
2. According to Zacks Investment Research, "NIKE surpassed the industry year to date driven by strength in international business and the global NIKE Direct business which has been aiding its quarterly performance. Notably, the company delivered top- and bottom-line beat in third-quarter fiscal 2018 which also marked the 23rd straight earnings beat. Quarterly results reflected significant progress on the Consumer Direct Offense, positioning it for strong profitable growth in the future. Further, it closed the third quarter with expectations of a trend reversal in its North America business in the fourth quarter, backed by the introduction of new innovation platforms and differentiated customer experiences in the marketplace. Consequently, it provided robust guidance for fourth-quarter fiscal 2018 and initial view for fiscal 2019. However, its higher SG&A expenses are likely to continue hurting results in the fourth quarter. Estimates have been stable ahead of fourth quarter earnings." (6/21/2018)
3. Guggenheim analysts commented, "We raise our PT to $78 from $70 to reflect 1) our continued confidence on Nike’s innovation pipeline impact on revenue acceleration, 2) continued GM improvement, and 3) continued strength in International combined with an expected inflection in NA revenue. Total revenue beat our expectations in 3Q, driven by a 19% increase in reported Int’l revenue, an acceleration from 2Q (+14%). Total Nike, Inc. revenue grew 7% (+3% in cc) to $9.0bn, $173mn above our estimate. EMEA (+19% reported; +9% in CC), Greater China (+24% reported; +19% in CC), and APLA (+13% reported; +11% in CC) revenue all were better than expected as NKE continues to display strong Int’l growth, showcasing the power of NKE’s Consumer Direct Offense. In particular, we highlight the strength in China and note favorable macro trends including acceleration in consumer spending/sports participation. Nike Basketball was strong in 3Q growing +DD in Footwear/Apparel across geographies." (3/23/2018)
4. 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)

Question 10

Are investors shorting Nike?

Answer

Nike saw a decrease in short interest during the month of June. As of June 29th, there was short interest totalling 16,273,422 shares, a decrease of 25.5% from the June 15th total of 21,850,737 shares. Based on an average trading volume of 9,594,440 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.3% of the shares of the stock are short sold. View Nike's Current Options Chain.

Question 11

Who are some of Nike's key competitors?

Answer

Some companies that are related to Nike include Netflix (NFLX), Walt Disney (DIS), Comcast (CMCSA), Electrolux (ELUXY), Naspers (NPSNY), Twenty-First Century Fox Inc Class A (FOXA), Twenty-First Century Fox Inc Class B (FOX), Time Warner (TWX), Charter Communications (CHTR), Sony (SNE), Activision Blizzard (ATVI), Las Vegas Sands (LVS), Marriott International (MAR), Electronic Arts (EA) and ADIDAS AG/S (ADDYY).

Question 12

Who are Nike's key executives?

Answer

Nike's management team includes the folowing people:

Mr. Mark G. Parker, Chairman, Pres & CEO (Age 62)
Mr. Andrew Campion, Exec. VP & CFO (Age 46)
Mr. Eric D. Sprunk, Chief Operating Officer (Age 54)
Mr. Michael Spillane, Pres of Categories & Product (Age 58)
Mr. Trevor A. Edwards, Advisor (Age 55)

Question 13

Has Nike been receiving favorable news coverage?

Answer

Headlines about NKE stock have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nike earned a daily sentiment score of 0.05 on Accern's scale. They also gave news articles about the footwear maker an impact score of 44.85 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Question 14

Who are Nike's major shareholders?

Answer

Nike's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (0.18%), DnB Asset Management AS (0.05%), DAVENPORT & Co LLC (0.04%), Manning & Napier Group LLC (0.04%), Gulf International Bank UK Ltd (0.03%) and Windward Capital Management Co. CA (0.02%). 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.

Question 15

Which major investors are selling Nike stock?

Answer

NKE stock was sold by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, NN Investment Partners Holdings N.V., Manning & Napier Group LLC, DAVENPORT & Co LLC, Addenda Capital Inc., Rockland Trust Co., Vigilant Capital Management LLC and Ledyard National Bank. Company insiders that have sold Nike company stock in the last year include Andrew Campion, Eric D Sprunk, Hilary K Krane, John F Slusher, Johnathan A Rodgers, Mark G Parker and Monique S Matheson. View Insider Buying and Selling for Nike.

Question 16

Which major investors are buying Nike stock?

Answer

NKE stock was bought by a variety of institutional investors in the last quarter, including Addenda Capital Inc., State of Alaska Department of Revenue, Bremer Trust National Association, IFM Investors Pty Ltd, Sanders Morris Harris LLC, Fisher Asset Management LLC, DnB Asset Management AS and Gulf International Bank UK Ltd. View Insider Buying and Selling for Nike.

Question 17

How do I buy shares of Nike?

Answer

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.

Question 18

What is Nike's stock price today?

Answer

One share of NKE stock can currently be purchased for approximately $77.91.

Question 19

How big of a company is Nike?

Answer

Nike has a market capitalization of $125.89 billion and generates $36.40 billion in revenue each year. The footwear maker earns $1.93 billion in net income (profit) each year or $2.42 on an earnings per share basis. Nike employs 74,400 workers across the globe.

Question 20

How can I contact Nike?

Answer

Nike's mailing address is ONE BOWERMAN DRIVE, BEAVERTON OR, 97005. The footwear maker can be reached via phone at 503-671-3173 or via email at [email protected]

Community Ranking:		3.0 out of 5 ( )
Outperform Votes:		1,728 (Vote Outperform)
Underperform Votes:		1,155 (Vote Underperform)
Total Votes:		2,883