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 dividend yield of 1.31%. 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) issued its earnings results on Thursday, June, 29th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.10. The firm earned $8.68 billion during the quarter, compared to analysts' expectations of $8.63 billion. Nike had a net margin of 12.34% and a return on equity of 34.18%. The firm's quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 earnings per share. View Nike's Earnings History.

Nike is scheduled to release their next quarterly earnings announcement on Monday, September, 25th 2017. View Earnings Estimates for Nike.

36 analysts have issued twelve-month price targets for Nike's stock. Their forecasts range from $42.00 to $75.00. On average, they expect Nike's share price to reach $61.06 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 shares have outperformed the Consumer Discretionary sector in the last six months driven by a splendid surprise history, alongside focus on its “triple-double” and Consumer Direct Offense strategies. The company delivered 20th straight earnings beat in fourth-quarter fiscal 2017. While the company also managed to report solid sales, we note that sales at its key North American market continues to suffer due to lackluster product assortments, increased promotions and intensified competition. Additionally, the growth of eCommerce has weighed on its wholesale business in the region. We expect the promotional environment to continue hurting the segment’s sales. Further, the company provided a soft outlook for fiscal 2018 taking into account the operating environment, strategic changes and the foreign currency headwinds. First quarter estimates witnessed a downtrend in the last 30 days." (7/27/2017)
• 2. UBS AG analysts commented, "The Swoosh garden atop the Nike headquarters in NYC." (6/27/2017)
• 3. 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)
• 4. Wedbush analysts commented, "NKE reported mixed results with headwinds in North America (NA) and f/x still pressuring sales and margins. We still believe futures are an important directional indicator to the story and these declined 1% currency neutral (CN) or -4% reported. While the company is making progress on accelerating its innovation pipeline and engagement with consumers, this is more than offset in the medium-term by weakness in other areas of the business and the retail backdrop in NA (reflective of the 9% futures decline in the region). We still contend that other brands continue to be in the sweet spot of what consumers currently demand, particularly on a wholesale level, and we don't see that changing in the near future." (3/22/2017)
• 5. Stifel Nicolaus analysts commented, "FY3Q results highlight Nike's global diversification and financial flexibility and the FY18 outlook points to largely sound fundamentals with revenue growth in all regions, operating margin expansion, and constant currency EPS growth in line with long-run objectives (mid-teens). Unfortunately, North America remains a challenge and FX pressures to earnings are projected to stiffen in FY18, masking expectations for constant currency progress in reported EPS. Our FY18 and FY19 estimates come in though we continue to view Nike as well-positioned to succeed long-term, and look beyond FX pressures in FY18 to FY19 earnings power as a basis for valuation. We are lowering our 12-month target from $68 to $66 representing 22.5x our $2.95 FY19E EPS." (3/21/2017)

Nike saw a drop in short interest in July. As of July 31st, there was short interest totalling 25,158,089 shares, a drop of 11.2% from the July 14th total of 28,343,914 shares. Based on an average trading volume of 7,000,600 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.0% of the shares of the company are short sold.

Some companies that are related to Nike include Walt Disney Company (The) (DIS), Charter Communications (CHTR), Time Warner (TWX), Netflix (NFLX), Grupo Televisa S.A. (TV), Twenty-First Century Fox (FOXA), Twenty-First Century Fox (FOX), Carnival Corporation (CUK), Sony Corp Ord (SNE), Carnival Corporation (CCL), Las Vegas Sands Corp. (LVS), Naspers Limited (NPSNY), Activision Blizzard (ATVI), Adidas AG (ADDYY), Marriott International (MAR), Sands China (SCHYY), Electronic Arts (EA) and Panasonic (PCRFY).

Nike's management team includes the folowing people:

• Mark G. Parker, Chairman of the Board, President, Chief Executive Officer
• Jeanne P. Jackson, President & Strategic Advisor
• 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
• Chris L. Abston, Vice President, Corporate Controller
• Timothy D. Cook, Lead Independent Director
• Travis Knight, Director
• Elizabeth J. Comstock, Independent Director

Nike's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.59%), BlackRock Inc. (6.11%), State Street Corp (3.58%), FMR LLC (2.52%), Bank of New York Mellon Corp (2.19%) and Capital Research Global Investors (1.47%). 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, 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 Jennison Associates LLC, FMR LLC, Winslow Capital Management LLC, PNC Financial Services Group Inc., State Street Corp, BlackRock Inc., Sei Investments Co. and Teachers Advisors LLC. 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, 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 Janus Henderson Group PLC, Capital World Investors, Orbis Allan Gray Ltd, Alliancebernstein L.P., Flossbach Von Storch AG, Vanguard Group Inc., Capital Research Global Investors and Harbour Capital Advisors LLC. 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 $54.95.