S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
NYSE:NKE

NIKE - NKE Stock Forecast, Price & News

$116.07
+1.97 (+1.73%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$113.77
$116.13
50-Day Range
$101.18
$122.40
52-Week Range
$99.53
$179.10
Volume
4.41 million shs
Average Volume
6.34 million shs
Market Capitalization
$182.06 billion
P/E Ratio
30.87
Dividend Yield
1.05%
Price Target
$137.46

NIKE MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
18.4% Upside
$137.46 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.82
Upright™ Environmental Score
News Sentiment
-0.05mentions of NIKE in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$9.09 M Sold Last Quarter
Proj. Earnings Growth
21.05%
From $3.80 to $4.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Consumer Discretionary Sector

26th out of 296 stocks

Rubber & Plastics Footwear Industry

2nd out of 4 stocks

NKE stock logo

About NIKE (NYSE:NKE) Stock

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses 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, digital platforms, independent distributors, licensees, and sales representatives. 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.

NIKE Price Performance

NYSE:NKE traded up $1.97 on Friday, hitting $116.07. The stock had a trading volume of 4,407,890 shares, compared to its average volume of 6,339,874. NIKE has a 52-week low of $99.53 and a 52-week high of $179.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.84 and a current ratio of 2.63. The company has a market capitalization of $182.06 billion, a price-to-earnings ratio of 30.87, a price-to-earnings-growth ratio of 2.45 and a beta of 1.02. The firm has a 50-day moving average of $109.73 and a 200-day moving average of $122.24.

NIKE (NYSE:NKE - Get Rating) last posted its quarterly earnings data on Monday, June 27th. The footwear maker reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.09. The firm had revenue of $12.20 billion for the quarter, compared to analysts' expectations of $12.10 billion. NIKE had a net margin of 12.94% and a return on equity of 40.74%. The business's quarterly revenue was down .8% on a year-over-year basis. During the same quarter last year, the company posted $0.93 EPS. Equities analysts expect that NIKE will post 3.8 EPS for the current year.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Tuesday, September 6th will be given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, September 2nd. NIKE's dividend payout ratio (DPR) is currently 32.45%.

Analysts Set New Price Targets

Several brokerages recently commented on NKE. HSBC dropped their price objective on NIKE from $140.00 to $132.00 and set a "hold" rating on the stock in a research note on Tuesday, June 14th. Cowen lowered their target price on NIKE from $139.00 to $133.00 and set an "outperform" rating for the company in a report on Thursday, June 23rd. Robert W. Baird lowered their target price on NIKE from $150.00 to $140.00 and set an "outperform" rating for the company in a report on Tuesday, June 28th. Barclays decreased their price objective on NIKE from $140.00 to $125.00 and set an "overweight" rating for the company in a report on Wednesday, June 29th. Finally, Deutsche Bank Aktiengesellschaft set a $130.00 price objective on NIKE in a report on Tuesday, June 28th. Eleven investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $137.46.

Insider Activity

In related news, EVP Monique S. Matheson sold 30,000 shares of the stock in a transaction on Thursday, July 7th. The shares were sold at an average price of $107.19, for a total transaction of $3,215,700.00. Following the transaction, the executive vice president now owns 60,330 shares of the company's stock, valued at approximately $6,466,772.70. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CFO Matthew Friend sold 4,139 shares of the stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $113.42, for a total transaction of $469,445.38. Following the transaction, the chief financial officer now owns 56,539 shares of the company's stock, valued at approximately $6,412,653.38. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Monique S. Matheson sold 30,000 shares of the firm's stock in a transaction on Thursday, July 7th. The stock was sold at an average price of $107.19, for a total transaction of $3,215,700.00. Following the completion of the sale, the executive vice president now directly owns 60,330 shares in the company, valued at approximately $6,466,772.70. The disclosure for this sale can be found here. In the last quarter, insiders have sold 82,796 shares of company stock worth $9,085,334. 0.40% of the stock is currently owned by corporate insiders.

Receive NKE Stock News and Ratings via Email

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

NKE Stock News Headlines

MarketBeat: Week in Review 8/1 - 8/5 (NKE)
The hot jobs report is dispelling any notion that interest rates will level off. But the market moves on and here are some of the stocks and stories to follow.
The Institutions Are Buying Under Armor Again (NKE)
NIKE (NYSE:NKE) Stock Rating Lowered by Exane BNP Paribas
NIKE (NYSE:NKE) Downgraded to "Neutral" at BNP Paribas
NIKE, Inc. (NYSE:NKE) CFO Matthew Friend Sells 4,139 Shares
NIKE (NYSE:NKE) Now Covered by Piper Sandler
How Much Of NIKE, Inc. (NYSE:NKE) Do Insiders Own?
NIKE (NYSE:NKE) Stock Rating Reaffirmed by Piper Sandler
NIKE (NYSE:NKE) Coverage Initiated at KeyCorp
See More Headlines
Receive NKE Stock News and Ratings via Email

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

NKE Company Calendar

Ex-Dividend for 7/1 Dividend
6/03/2022
Last Earnings
6/27/2022
Dividend Payable
7/01/2022
Today
8/14/2022
Ex-Dividend for 10/3 Dividend
9/02/2022
Next Earnings (Estimated)
9/22/2022
Dividend Payable
10/03/2022
Fiscal Year End
5/31/2023

Industry, Sector and Symbol

Industry
Rubber & plastics footwear
Sub-Industry
Footwear
CUSIP
65410610
Employees
79,100
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$137.46
High Stock Price Forecast
$176.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+18.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
30 Analysts

Profitability

Net Income
$6.05 billion
Pretax Margin
14.24%

Debt

Sales & Book Value

Annual Sales
$46.71 billion
Cash Flow
$4.38 per share
Book Value
$9.73 per share

Miscellaneous

Outstanding Shares
1,568,560,000
Free Float
1,562,282,000
Market Cap
$182.06 billion
Optionable
Optionable
Beta
1.02

Social Links















NKE Stock - Frequently Asked Questions

Should I buy or sell NIKE stock right now?

30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last year. There are currently 10 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NKE shares.
View NKE analyst ratings
or view top-rated stocks.

What is NIKE's stock price forecast for 2022?

30 Wall Street research analysts have issued 12-month price targets for NIKE's shares. Their NKE share price forecasts range from $115.00 to $176.00. On average, they predict the company's share price to reach $137.46 in the next year. This suggests a possible upside of 18.4% from the stock's current price.
View analysts price targets for NKE
or view top-rated stocks among Wall Street analysts.

How have NKE shares performed in 2022?

NIKE's stock was trading at $166.67 at the start of the year. Since then, NKE shares have decreased by 30.4% and is now trading at $116.07.
View the best growth stocks for 2022 here
.

When is NIKE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 22nd 2022.
View our NKE earnings forecast
.

How were NIKE's earnings last quarter?

NIKE, Inc. (NYSE:NKE) announced its earnings results on Monday, June, 27th. The footwear maker reported $0.90 EPS for the quarter, topping the consensus estimate of $0.81 by $0.09. The footwear maker had revenue of $12.20 billion for the quarter, compared to analysts' expectations of $12.10 billion. NIKE had a trailing twelve-month return on equity of 40.74% and a net margin of 12.94%. The company's revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.93 earnings per share.
Read the conference call transcript
.

How often does NIKE pay dividends? What is the dividend yield for NIKE?

NIKE declared a quarterly dividend on Thursday, August 4th. Stockholders of record on Tuesday, September 6th will be paid a dividend of $0.305 per share on Monday, October 3rd. This represents a $1.22 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, September 2nd.
Read our dividend analysis for NKE
.

Is NIKE a good dividend stock?

NIKE (NYSE:NKE) pays an annual dividend of $1.22 per share and currently has a dividend yield of 1.05%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NKE will have a dividend payout ratio of 26.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NKE.

When did NIKE's stock split?

NIKE shares 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 closing bell on Wednesday, December 23rd 2015. An investor that had 100 shares of 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 initiated a stock repurchase program on Monday, June 27th 2022, which allows the company to buyback $18,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 11% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

What is John Donahoe's approval rating as NIKE's CEO?

453 employees have rated NIKE Chief Executive Officer John Donahoe on Glassdoor.com. John Donahoe has an approval rating of 89% among the company's employees.

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), Visa (V), Alibaba Group (BABA), Home Depot (HD), Starbucks (SBUX), Intel (INTC), Johnson & Johnson (JNJ) and Tesla (TSLA).

What is NIKE's stock symbol?

NIKE trades on the New York Stock Exchange (NYSE) under the ticker symbol "NKE."

Who are NIKE's major shareholders?

NIKE's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (1.23%), Northern Trust Corp (1.05%), Jennison Associates LLC (0.84%), Franklin Resources Inc. (0.61%), Massachusetts Financial Services Co. MA (0.45%) and Fiera Capital Corp (0.43%). Insiders that own company stock include Andrew Campion, Chris L Abston, Chris L Abston, Elizabeth J Comstock, Elliott Hill, Heidi O'neill, Hilary K Krane, Hilary K Krane, John F Slusher, John G Connors, John G Connors, John W Rogers Jr, Mark G Parker, Matthew Friend, Monique S Matheson, Monique S Matheson, Peter B Henry and Timothy D Cook.
View institutional ownership trends
.

How do I buy shares of NIKE?

Shares of NKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NIKE's stock price today?

One share of NKE stock can currently be purchased for approximately $116.07.

How much money does NIKE make?

NIKE (NYSE:NKE) has a market capitalization of $182.06 billion and generates $46.71 billion in revenue each year. The footwear maker earns $6.05 billion in net income (profit) each year or $3.76 on an earnings per share basis.

How many employees does NIKE have?

The company employs 79,100 workers across the globe.

Does NIKE have any subsidiaries?

The following companies are subsidiares of NIKE: Celect, Cole Haan, Converse, Datalogue, Hurley, Invertex Ltd., NIKE European Operations Netherlands B.V., NIKE Retail Services Inc., NIKE Sports Co. Ltd., NIKE USA Inc., RTFKT, TraceMe, Umbro, Virgin Mega USA, and Zodiac Inc..
Read More

When was NIKE founded?

NIKE was founded in 1967.

How can I contact NIKE?

NIKE's mailing address is ONE BOWERMAN DRIVE, BEAVERTON OR, 97005. The official website for the company is www.nike.com. The footwear maker can be reached via phone at (503) 671-6453, via email at investor.relations@nike.com, or via fax at 503-671-6300.

This page (NYSE:NKE) was last updated on 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.