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

Sign in or create an account to add this stock to your watchlist.
$79.75 -0.30 (-0.37 %)
(As of 08/19/2018 04:00 PM ET)
Previous Close$79.75
Today's Range$79.68 - $80.4353
52-Week Range$50.35 - $81.88
Volume9.00 million shs
Average Volume7.11 million shs
Market Capitalization$129.21 billion
P/E Ratio32.95
Dividend Yield1.01%
Beta0.68
Nike logoNIKE, 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.

Receive NKE News and Ratings via Email

Sign-up to receive the latest news and ratings for NKE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Rubber & plastics footwear
Sub-IndustryFootwear
SectorConsumer Discretionary
SymbolNYSE:NKE
CUSIP65410610
Phone503-671-6453

Debt

Debt-to-Equity Ratio0.35
Current Ratio2.51
Quick Ratio1.63

Price-To-Earnings

Trailing P/E Ratio32.95
Forward P/E Ratio30.56
P/E Growth2.7

Sales & Book Value

Annual Sales$36.40 billion
Price / Sales3.51
Cash Flow$2.9223 per share
Price / Cash27.29
Book Value$6.13 per share
Price / Book13.01

Profitability

EPS (Most Recent Fiscal Year)$2.42
Net Income$1.93 billion
Net Margins5.31%
Return on Equity36.57%
Return on Assets17.08%

Miscellaneous

Employees73,100
Outstanding Shares1,600,550,000
Market Cap$129.21 billion

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 declared a quarterly dividend on Thursday, August 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, August 31st. View Nike's Dividend History.

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

Shares of Nike split on Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly issued shares were distributed 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 authorized a share repurchase program on Thursday, June 28th 2018, which allows the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 12.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

How were Nike's earnings last quarter?

Nike Inc (NYSE:NKE) posted its quarterly earnings results on Thursday, June, 28th. The footwear maker reported $0.69 earnings per share 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 firm's revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 EPS. 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, 25th 2018. View Earnings Estimates for Nike.

What price target have analysts set for NKE?

39 equities research analysts have issued 12-month price objectives 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.

What is the consensus analysts' recommendation for Nike?

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.

What are Wall Street analysts saying about Nike stock?

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)

Are investors shorting Nike?

Nike saw a decline in short interest in the month of July. As of July 13th, there was short interest totalling 12,022,562 shares, a decline 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 shares of the company are short sold. View Nike's Current Options Chain.

Who are some of Nike's key competitors?

Who are Nike's key executives?

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)

Has Nike been receiving favorable news coverage?

Headlines about NKE stock have been trending positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nike earned a news impact score of 0.32 on Accern's scale. They also assigned media headlines about the footwear maker an impact score of 42.66 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Nike.

Who are Nike's major shareholders?

Nike's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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.

Which institutional investors are selling Nike stock?

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.

Which institutional investors are buying Nike stock?

NKE stock was purchased 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.

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 $79.75.

How big of a company is Nike?

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.

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:  1,751 (Vote Outperform)
Underperform Votes:  1,190 (Vote Underperform)
Total Votes:  2,941
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 8/19/2018 by MarketBeat.com Staff

Featured Article: Trading Penny Stocks

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel