NYSE:NKE - Nike Stock Price, News, & Analysis

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, August 9th. Shareholders of record on Tuesday, September 4th will be given a dividend of $0.20 per share on Monday, October 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Friday, August 31st. View Nike's Dividend History.

Question 3

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

Answer

Nike shares 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 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 has initiated a stock buyback plan on Thursday, June 28th 2018, which permits the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 12.9% of its shares through open market purchases. Shares buyback plans are often 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) released its quarterly earnings data on Thursday, June, 28th. The footwear maker reported $0.69 EPS for the quarter, topping the consensus estimate of $0.64 by $0.05. The footwear maker earned $9.79 billion during the quarter, compared to analyst estimates of $9.40 billion. Nike had a return on equity of 36.57% and a net margin of 5.31%. The company's revenue was up 12.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 EPS. 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 Tuesday, September, 25th 2018. View Earnings Estimates for Nike.

Question 7

What price target have analysts set for NKE?

Answer

39 brokerages have issued twelve-month price targets for Nike's shares. Their forecasts range from $42.00 to $90.00. On average, they anticipate Nike's stock price to reach $77.8076 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets 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." View Analyst Ratings for Nike.

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 July. As of July 13th, there was short interest totalling 12,022,562 shares, a decrease of 26.1% from the June 29th total of 16,272,806 shares. Based on an average trading volume of 5,865,095 shares, the short-interest ratio is currently 2.0 days. Approximately 1.0% of the company's shares 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 Walt Disney (DIS), Comcast (CMCSA), Netflix (NFLX), 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), ADIDAS AG/S (ADDYY), Marriott International (MAR) and Electronic Arts (EA).

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 been trending somewhat positive this week, according to Accern. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nike earned a news and rumor sentiment score of 0.04 on Accern's scale. They also assigned press coverage about the footwear maker an impact score of 45.66 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Nike.

Question 14

Who are Nike's major shareholders?

Answer

Nike's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.11%), Bank of New York Mellon Corp (1.72%), Morgan Stanley (1.02%), FMR LLC (0.98%), Edgewood Management LLC (0.97%) and Jennison Associates LLC (0.91%). Company insiders that own Nike stock include Andrew Campion, David J Ayre, Elliott Hill, 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 institutional investors are selling Nike stock?

Answer

NKE stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Morgan Stanley, Vontobel Asset Management Inc., Alecta Pensionsforsakring Omsesidigt, Global Thematic Partners LLC, Jensen Investment Management Inc., Russell Investments Group Ltd. and Sawgrass Asset Management LLC. Company insiders that have sold Nike company stock in the last year include Andrew Campion, Elliott Hill, 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 institutional investors are buying Nike stock?

Answer

NKE stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Bank of New York Mellon Corp, Millennium Management LLC, Bessemer Group Inc., Unigestion Holding SA, Los Angeles Capital Management & Equity Research Inc., Envestnet Asset Management Inc. and First Trust Advisors LP. 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 $79.75.

Question 19

How big of a company is Nike?

Answer

Nike has a market capitalization of $129.21 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 73,100 workers across the globe.

Question 20

How can I contact Nike?

Answer

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]

Community Ranking:		3.0 out of 5 ( )
Outperform Votes:		1,751 (Vote Outperform)
Underperform Votes:		1,189 (Vote Underperform)
Total Votes:		2,940