NYSE:NKE - Nike Stock Price, Forecast & News

$104.09

+0.72 (+0.70 %)

(As of 01/17/2020 11:50 AM ET)

Add

Compare

Today's Range

$103.32

Now: $104.09▼

$104.49

50-Day Range

$92.46

MA: $99.21▼

$103.36

52-Week Range

$77.07

Now: $104.09▼

$103.89

Volume219,007 shs

Average Volume5.39 million shs

Market Capitalization$162.49 billion

P/E Ratio41.80

Dividend Yield0.95%

Beta0.84

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

Stock Exchange NYSE

Industry Rubber & plastics footwear

Sub-IndustryFootwear

SectorConsumer Discretionary

Current SymbolNYSE:NKE

Previous Symbol

CUSIP65410610

CIK320187

Webhttp://www.nike.com/

Phone503-671-3173

Debt

Debt-to-Equity Ratio0.66

Current Ratio1.98

Quick Ratio1.23

Price-To-Earnings

Trailing P/E Ratio41.80

Forward P/E Ratio34.58

P/E Growth2.6

Sales & Book Value

Annual Sales$39.12 billion

Price / Sales4.15

Cash Flow$3.06 per share

Price / Cash Flow34.06

Book Value$5.99 per share

Price / Book17.38

Profitability

EPS (Most Recent Fiscal Year)$2.49

Net Income$4.03 billion

Net Margins11.21%

Return on Equity50.03%

Return on Assets18.38%

Miscellaneous

Employees76,700

Outstanding Shares1,561,051,000

Market Cap$162.49 billion

Next Earnings Date3/19/2020 (Estimated)

OptionableOptionable

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.

Revealed... The Top 3 Stocks for 2020 (Ad)

Investors looking for the best way to potentially double their money in 2020 -- regardless of whether the overall markets are up or down -- should look no further than these 3 unique stocks.

This Special Report reveals the names of these stocks and provides everything you need to invest right away.

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, November 14th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.245 per share on Thursday, January 2nd. This represents a $0.98 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Friday, November 29th. This is a positive change from Nike's previous quarterly dividend of $0.22. View Nike's Dividend History.

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

Nike's stock split before market open on Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly minted shares were distributed 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.

How will Nike's stock buyback program work?

Nike declared that its board has approved a share repurchase program 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 purchase up to 12.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were Nike's earnings last quarter?

Nike Inc (NYSE:NKE) announced its earnings results on Thursday, December, 19th. The footwear maker reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.12. The footwear maker earned $10.33 billion during the quarter, compared to the consensus estimate of $10.09 billion. Nike had a return on equity of 50.03% and a net margin of 11.21%. The business's quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 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 Thursday, March 19th 2020. View Earnings Estimates for Nike.

What price target have analysts set for NKE?

34 equities research analysts have issued 1-year price objectives for Nike's shares. Their forecasts range from $82.00 to $150.00. On average, they expect Nike's stock price to reach $106.53 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Nike.

What is the consensus analysts' recommendation for Nike?

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nike in the last year. There are currently 3 sell ratings, 6 hold ratings and 25 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 expect another solid quarter, in line with the company’s guidance. With NKE, there are always several factors to consider. There is the global macro, including trade, FX, GDP growth, etc. There are the company-specific strategies, including innovation, direct, speed, etc. All of this is important, and we don’t mean to discount any of it. But, for us, the main lens with which we evaluate NKE is market share. In short, we believe NKE is taking share and expect this to continue, and this is the main reason for our bullishness. At the premium end of the spectrum, two of NKE’s biggest franchises, Max, are two of the strongest performing franchises in the market today, and the company has done well to layer on new programs such as the portfolio." (9/19/2019)
2. Guggenheim analysts commented, "We expect China to be a major focus for management, both in regards to the current trade tensions and consumer demand in the region. NKE remains a global company, with a diverse sourcing, manufacturing, and selling footprint. While China remains a significant portion of the company’s manufacturing base and we expect the region to account for ~18% of Nike brand revenue in FY20E, we believe NKE is one the best positioned companies to navigate the current environment. Over the years, NKE has invested in and fostered a strong relationship with both the Chinese consumer and government, demonstrated by the robust growth over the past three years (added +$2.4bn in top line from FY16-FY19). While concerns are warranted given the size and the scope, we remain confident in NKE/management’s ability to drive continued outperformance." (9/19/2019)
3. 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)

Has Nike been receiving favorable news coverage?

News stories about NKE stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nike earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the footwear maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Nike.

Are investors shorting Nike?

Nike saw a increase in short interest in December. As of December 13th, there was short interest totalling 9,410,000 shares, an increase of 23.2% from the November 28th total of 7,640,000 shares. Based on an average trading volume of 6,800,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.8% of the shares of the company are sold short. View Nike's Current Options Chain.

Who are some of Nike's key competitors?

Some companies that are related to Nike include Skechers USA (SKX), Deckers Outdoor (DECK), Steven Madden (SHOO), Crocs (CROX) and Wolverine World Wide (WWW).

What other stocks do shareholders of Nike own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nike investors own include Walt Disney (DIS), NVIDIA (NVDA), Netflix (NFLX), Starbucks (SBUX), Alibaba Group (BABA), Visa (V), Home Depot (HD), Intel (INTC), Bank of America (BAC) 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 a number of of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.07%), DNB Asset Management AS (0.05%), Douglass Winthrop Advisors LLC (0.05%), Calamos Advisors LLC (0.04%), Gateway Investment Advisers LLC (0.03%) and Manning & Napier Group LLC (0.03%). 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, Monique S Matheson and Peter B Henry. 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 DNB Asset Management AS, Tandem Investment Advisors Inc., Tocqueville Asset Management L.P., Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Manning & Napier Group LLC, Abner Herrman & Brock LLC and United Services Automobile Association. Company insiders that have sold Nike company stock in the last year include Andrew Campion, Elizabeth J Comstock, Elliott Hill, Eric D Sprunk, Hilary K Krane, John C Lechleiter, John F Slusher, Mark G Parker, Monique S Matheson and Peter B Henry. 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 Johanson Financial Advisors Inc., TIAA FSB, Sciencast Management LP, Calamos Advisors LLC, JGP Wealth Management LLC, Pennsylvania Trust Co, Advisors Capital Management LLC and Chemung Canal Trust Co.. 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, Robinhood, Fidelity and Charles Schwab.

What is Nike's stock price today?

One share of NKE stock can currently be purchased for approximately $104.16.

How big of a company is Nike?

Nike has a market capitalization of $162.60 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 DRIVE, BEAVERTON OR, 97005. The footwear maker can be reached via phone at 503-671-3173 or via email at [email protected]

MarketBeat Community Rating for Nike (NYSE NKE)

Community Ranking:		3.0 out of 5 ( )
Outperform Votes:		2,021 (Vote Outperform)
Underperform Votes:		1,343 (Vote Underperform)
Total Votes:		3,364

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 1/17/2020 by MarketBeat.com Staff

Featured Article: What is the price-sales ratio?