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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
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Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up

NIKE - NKE Stock Forecast, Price & News

$125.33
-0.40 (-0.32%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$123.25
$125.93
50-Day Range
$103.05
$129.50
52-Week Range
$82.22
$147.54
Volume
5.27 million shs
Average Volume
6.46 million shs
Market Capitalization
$194.33 billion
P/E Ratio
35.30
Dividend Yield
1.07%
Price Target
$129.18

NIKE MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
3.1% Upside
$129.18 Price Target
Short Interest
Healthy
1.16% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.82
Upright™ Environmental Score
News Sentiment
0.08mentions of NIKE in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.28 M Sold Last Quarter
Proj. Earnings Growth
24.12%
From $3.11 to $3.86 Per Share

Overall MarketRank

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

2.49 out of 5 stars

Consumer Discretionary Sector

69th out of 267 stocks

Rubber & Plastics Footwear Industry

2nd out of 4 stocks

NKE stock logo

About NIKE (NYSE:NKE) Stock

NIKE, Inc., a multinational corporation that designs, develops, markets and sells athletic footwear, apparel, equipment and accessories globally, was founded as Blue Ribbon Sports in 1964 by Bill Bowerman and Phil Knight. The company officially changed its name to NIKE, Inc. in 1971 and operates in four segments: North America, Europe, Middle East & Africa (EMEA) and Asia Pacific & Latin America (APLA).

NIKE's product portfolio includes athletic and casual footwear, apparel and accessories under the Jumpman trademark, as well as casual sneakers, apparel and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell trademarks.

Furthermore, the company sells performance equipment and accessories for sports activities under the NIKE brand and markets apparel with licensed collegiate and professional team league logos. NIKE licenses unaffiliated parties to manufacture and sell apparel, digital devices, applications and other equipment for sports activities under NIKE-owned trademarks.

Retail channels selling NIKE products include footwear stores, athletic specialty stores, department stores, skate, tennis and golf shops, as well as other retail accounts. NIKE operates its retail stores and digital platforms and works with independent distributors, licensees and sales representatives to distribute Nike products worldwide.

The company is expanding its digital presence and e-commerce capabilities, accounting for more than 24% of its total revenue in 2022 (excluding the Jordan and Converse brands). NIKE's digital platforms and apps, including the Nike App and SNKRS, allow customers to purchase products, track their fitness goals and connect with other athletes.

The company is committed to reducing its environmental impact, such as increasing the use of sustainable materials in Nike products and reducing greenhouse gas emissions in its supply chain.
Additionally, NIKE has implemented a code of conduct to ensure ethical labor practices are adhered to by its suppliers and has been investing in new technologies such as 3D printing, robotics and artificial intelligence to improve efficiency, sustainability and personalization of various product lines.

In terms of financial performance, NIKE, Inc. has a strong track record of revenue growth and profitability year over year. In the most recent fiscal year (2022), the company generated revenue of $49.107 billion, a 6.05% increase from the previous year, and a net income of $6.046 billion, a 5.57% increase from the previous year.

The company's iconic "Just Do It" campaign, launched in 1988, has been used in many advertisement campaigns and is now considered one of the most iconic slogans in advertising history. NIKE continues to feature famous athletes, celebrities and everyday people in its advertisements to showcase that anyone can achieve greatness through perseverance and hard work.

NIKE, Inc. is a well-established, financially stable company with a strong brand committed to innovation, sustainability and corporate responsibility. Their diverse product offerings, growing digital presence and global reach, make them a leading player in the athletic footwear, apparel and equipment industry. Nike offers investors solid financial performance with a commitment to delivering value to their shareholders.

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NKE Stock News Headlines

Analysts Like The Fit Of Skechers USA (NKE)
Skechers is riding high on a wave of analyst's sentiment that could crest with the Q4 report and bring this stock in for a new high.
Nordstrom Puts Fear Of Markdowns Into Retail Sector (NKE)
Nordstrom cut its guidance and shares are imploding, it this is a trend in retail the entire complex will move lower and drag on the S&P 500 too.
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Lululemon Stock, Buying Opportunity on Lowered Guidance? (NKE)
Athleisure apparel and footwear maker Lululemon Athletica Inc. (NASDAQ: LULU) stock took a rapid (-10%) drop upon updating mixed guidance for its upcoming Q4
MarketBeat: Week in Review 01/09-01/13 (NKE)
Markets are looking for direction in early trading before a holiday weekend. Here are some of the popular stories MarketBeat analysts were covering this week.
Skechers Not Nike Is The Sneaker Stock to Own for 2023 (NKE)
A tech-driven focus on comfort, omnichannel growth, international expansion and a low P/E are all good reasons to step into Skechers stock.
Nike, FedEx: Analysts Ring In The New Year With These 2 Winners (NKE)
Nike and FedEx get a boost even before trading begins in 2023. The analysts are raising their price targets and have these markets ready to bottom
1 Growth Stock Down 14% to Buy Right Now
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Will Nike Recover in 2023?
Wedbush Weighs in on NIKE, Inc.'s FY2023 Earnings (NYSE:NKE)
Nike (NKE) Stock Moves -0.91%: What You Should Know
Is Nike Stock Still a Buy in 2023 After Rebounding 57%?
Should You Invest in NIKE (NKE)?
Looking for a Winning Dividend Grower? Buy Nike Stock
Nike Stock In 2023: Bull vs. Bear
Is NIKE (NKE) Showing Signs of Market Recovery?
Nike Stock Q&A With Wall Street Investors
See More Headlines
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NKE Company Calendar

Ex-Dividend for 12/28 Dividend
12/02/2022
Last Earnings
12/20/2022
Dividend Payable
12/28/2022
Today
2/07/2023
Next Earnings (Estimated)
3/20/2023
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
$129.18
High Stock Price Forecast
$176.00
Low Stock Price Forecast
$93.00
Forecasted Upside/Downside
+3.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
31 Analysts

Profitability

Net Income
$6.05 billion
Pretax Margin
13.28%

Debt

Sales & Book Value

Annual Sales
$46.71 billion
Cash Flow
$4.31 per share
Book Value
$9.73 per share

Miscellaneous

Outstanding Shares
1,550,560,000
Free Float
1,544,361,000
Market Cap
$194.33 billion
Optionable
Optionable
Beta
1.09

Social Links


Key Executives

  • John J. DonahoeJohn J. Donahoe
    President, Chief Executive Officer & Director
  • Andrew CampionAndrew Campion
    Chief Operating Officer & Executive Vice President
  • Matthew FriendMatthew Friend
    Chief Financial Officer & Executive Vice President
  • Monique S. MathesonMonique S. Matheson
    Chief Human Resources Officer & Executive VP
  • Ann M. Miller
    Chief Legal Officer & Executive Vice President













NKE Stock - Frequently Asked Questions

Should I buy or sell NIKE stock right now?

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last year. There are currently 11 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street 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 2023?

31 analysts have issued 12 month price objectives for NIKE's stock. Their NKE share price forecasts range from $93.00 to $176.00. On average, they anticipate the company's share price to reach $129.18 in the next year. This suggests a possible upside of 3.1% 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 2023?

NIKE's stock was trading at $117.01 at the beginning of 2023. Since then, NKE shares have increased by 7.1% and is now trading at $125.33.
View the best growth stocks for 2023 here
.

When is NIKE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 20th 2023.
View our NKE earnings forecast
.

How were NIKE's earnings last quarter?

NIKE, Inc. (NYSE:NKE) posted its quarterly earnings results on Tuesday, December, 20th. The footwear maker reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.20. The footwear maker earned $13.32 billion during the quarter, compared to the consensus estimate of $12.61 billion. NIKE had a net margin of 11.47% and a trailing twelve-month return on equity of 36.83%.

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

NIKE declared a quarterly dividend on Tuesday, November 15th. Stockholders of record on Monday, December 5th will be paid a dividend of $0.34 per share on Wednesday, December 28th. This represents a $1.36 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Friday, December 2nd. This is a positive change from the stock's previous quarterly dividend of $0.31.
Read our dividend analysis for NKE
.

Is NIKE a good dividend stock?

NIKE (NYSE:NKE) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.07%. 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 38.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NKE will have a dividend payout ratio of 35.23% 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's stock split before market open on Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly created shares were issued 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 announced that its Board of Directors has initiated a stock repurchase program on Monday, June 27th 2022, which allows the company to repurchase $18,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 11% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its shares are 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 number of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.58%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Banque Pictet & Cie SA (0.21%), TD Asset Management Inc (0.20%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.16%) and Robeco Institutional Asset Management B.V. (0.16%). Insiders that own company stock include Andrew Campion, Chris L Abston, Chris L Abston, Elizabeth J Comstock, Heidi O'neill, Hilary K Krane, Hilary K Krane, 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 $125.33.

How much money does NIKE make?

NIKE (NYSE:NKE) has a market capitalization of $194.33 billion and generates $46.71 billion in revenue each year. The footwear maker earns $6.05 billion in net income (profit) each year or $3.55 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
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 2/8/2023 by MarketBeat.com Staff