NYSE:NKE - Nike Stock Price, News & Analysis

$81.13
+0.85 (+1.06 %)
(As of 08/20/2019 03:27 AM ET)
Today's Range
$80.83
Now: $81.13
$82.34
50-Day Range
$78.8150
MA: $85.03
$89.40
52-Week Range
$66.53
Now: $81.13
$90.00
Volume7.03 million shs
Average Volume6.51 million shs
Market Capitalization$127.12 billion
P/E Ratio32.58
Dividend Yield1.10%
Beta0.78
NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories: running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, lacrosse, skateboarding, tennis, volleyball, wrestling, walking, and outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. Read More…

Industry, Sector and Symbol

Industry Rubber & plastics footwear
Sub-IndustryFootwear
SectorConsumer Discretionary
CUSIP65410610
Phone503-671-6453

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$39.12 billion
Cash Flow$3.0824 per share
Book Value$5.75 per share

Profitability

Net Income$4.03 billion

Miscellaneous

Employees76,700
Outstanding Shares1,566,887,000
Market Cap$127.12 billion
Next Earnings Date9/24/2019 (Estimated)
OptionableOptionable

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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, August 8th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.22 per share on Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Friday, August 30th. 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 issued shares were payable 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.

How will Nike's stock buyback program work?

Nike declared that its Board of Directors has initiated a share buyback plan on Thursday, June 28th 2018, which authorizes the company to repurchase $15,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 12.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were Nike's earnings last quarter?

Nike Inc (NYSE:NKE) issued its quarterly earnings data on Thursday, June, 27th. The footwear maker reported $0.62 EPS for the quarter, missing analysts' consensus estimates of $0.66 by $0.04. The footwear maker earned $10.18 billion during the quarter, compared to analyst estimates of $10.15 billion. Nike had a return on equity of 45.12% and a net margin of 10.30%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 earnings per share. View Nike's Earnings History.

When is Nike's next earnings date?

Nike is scheduled to release their next quarterly earnings announcement on Tuesday, September 24th 2019. View Earnings Estimates for Nike.

What price target have analysts set for NKE?

32 Wall Street analysts have issued 1 year price targets for Nike's shares. Their predictions range from $53.00 to $108.00. On average, they expect Nike's share price to reach $89.8587 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Nike.

What is the consensus analysts' recommendation for Nike?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nike in the last year. There are currently 1 sell rating, 9 hold ratings and 22 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 fared better than the industry in a year, driven by robust surprise trend, stemming from the execution of Consumer Direct Offense. NIKE delivered positive earnings results for over three years now, with third-quarter fiscal 2019 marking the 27th straight quarter of earnings beat. Moreover, sales surpassed estimates for the eighth straight quarter. Strong progress on Consumer Direct Offense, as well as growth in international and NIKE Direct businesses are the key drivers. However, the company provided a soft view for the fiscal fourth quarter, owing to unfavorable currency. Higher SG&A expenses due to increased investments are likely to remain a drag. Further, higher input costs like cotton, chemicals and labor as well as the shift in supply-chain investments from the fiscal third quarter to the fourth quarter should hurt results." (5/27/2019)
  • 2. Guggenheim analysts commented, "We believe today’s result demonstrates the global strength of the Nike brand (~20% combined Int’l growth in cc), as well as NKE’s diligent work to improve performance in North America. Nike brand revenue increased 10% (+14% in cc), while total Nike, Inc." (12/21/2018)

Has Nike been receiving favorable news coverage?

Media headlines about NKE stock have trended negative on Tuesday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nike earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news stories about the footwear maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Nike.

Are investors shorting Nike?

Nike saw a decline in short interest in July. As of July 31st, there was short interest totalling 7,700,400 shares, a decline of 10.3% from the June 30th total of 8,582,700 shares. Based on an average daily trading volume, of 6,360,000 shares, the short-interest ratio is presently 1.2 days. Currently, 0.6% of the company's stock are sold short. View Nike's Current Options Chain.

Who are some of Nike's key competitors?

What other stocks do shareholders of Nike own?

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

Who are Nike's key executives?

Nike's management team includes the folowing people:
  • Mr. Mark G. Parker, Chairman, Pres & CEO (Age 63)
  • Mr. Andrew Campion, Exec. VP & CFO (Age 47)
  • Mr. Eric D. Sprunk, Chief Operating Officer (Age 55)
  • Ms. Hilary K. Krane, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 55)
  • Mr. John F. Slusher, Exec. VP of Global Sports Marketing (Age 50)

Who are Nike's major shareholders?

Nike's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.73%), BlackRock Inc. (5.60%), Bank of New York Mellon Corp (1.65%), Price T Rowe Associates Inc. MD (1.53%), Jennison Associates LLC (1.50%) and Northern Trust Corp (1.34%). Company insiders that own Nike stock include Andrew Campion, Elizabeth J Comstock, Elliott Hill, Eric D Sprunk, Hilary K Krane, John C Lechleiter, John F Slusher, Johnathan A Rodgers, Mark G Parker and Monique S Matheson. 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 Polen Capital Management LLC, AQR Capital Management LLC, Maverick Capital Ltd., Holocene Advisors LP, Invesco Ltd., Price T Rowe Associates Inc. MD, Marshall Wace North America L.P. and Prudential Financial Inc.. Company insiders that have sold Nike company stock in the last year include Elizabeth J Comstock, Elliott Hill, Eric D Sprunk, Hilary K Krane, John C Lechleiter, John F Slusher, Johnathan A Rodgers, Mark G Parker and Monique S Matheson. View Insider Buying and Selling for Nike.

Which major investors are buying Nike stock?

NKE stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Jennison Associates LLC, BlackRock Inc., Vanguard Group Inc., Bessemer Group Inc., Point72 Asset Management L.P., Morgan Stanley and DekaBank Deutsche Girozentrale. 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 $81.13.

How big of a company is Nike?

Nike has a market capitalization of $127.12 billion and generates $39.12 billion in revenue each year. The footwear maker earns $4.03 billion in net income (profit) each year or $2.49 on an earnings per share basis. Nike employs 76,700 workers across the globe.View Additional Information About Nike.

What is Nike's official website?

The official website for Nike is http://www.nike.com/.

How can I contact Nike?

Nike's mailing address is ONE BOWERMAN DR, 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 (NYSE NKE)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  1,937 (Vote Outperform)
Underperform Votes:  1,302 (Vote Underperform)
Total Votes:  3,239
MarketBeat's community ratings are surveys of what our community members think about Nike and other stocks. Vote "Outperform" if you believe NKE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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