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. 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.

Question 3

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

Answer

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.

Question 4

How will Nike's stock buyback program work?

Answer

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.

Question 5

How were Nike's earnings last quarter?

Answer

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.

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 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.

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 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.

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 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.

Question 14

Who are Nike's major shareholders?

Answer

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.

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 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.

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:		1,190 (Vote Underperform)
Total Votes:		2,941