S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden's Plan to Confiscate Your Cash? (Ad)

NIKE - NKE Stock Forecast, Price & News

$114.00
+0.13 (+0.11%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$113.31
$115.58
50-Day Range
$101.18
$123.41
52-Week Range
$99.53
$179.10
Volume
5.74 million shs
Average Volume
6.20 million shs
Market Capitalization
$178.82 billion
P/E Ratio
30.32
Dividend Yield
1.07%
Price Target
$139.08

NIKE MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
22.0% Upside
$139.08 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.82
Upright™ Environmental Score
News Sentiment
-0.01mentions of NIKE in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$9.09 M Sold Last Quarter
Proj. Earnings Growth
20.42%
From $3.82 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.

2.88 out of 5 stars

Consumer Discretionary Sector

24th out of 366 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

Shares of NYSE:NKE opened at $114.00 on Tuesday. The firm's 50 day moving average is $110.30 and its two-hundred day moving average is $122.97. NIKE has a 52 week low of $99.53 and a 52 week high of $179.10. The firm has a market capitalization of $178.82 billion, a P/E ratio of 30.32, a PEG ratio of 2.39 and a beta of 1.02. The company has a current ratio of 2.63, a quick ratio of 1.84 and a debt-to-equity ratio of 0.58.

NIKE (NYSE:NKE - Get Rating) last announced its quarterly earnings results on Monday, June 27th. The footwear maker reported $0.90 EPS for the quarter, beating the consensus estimate of $0.81 by $0.09. NIKE had a net margin of 12.94% and a return on equity of 40.74%. The company had revenue of $12.20 billion for the quarter, compared to analyst estimates of $12.10 billion. During the same quarter last year, the business earned $0.93 earnings per share. NIKE's revenue was down .8% compared to the same quarter last year. Analysts anticipate that NIKE will post 3.82 earnings per share for the current year.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Investors of record on Tuesday, September 6th will be paid a dividend of $0.305 per share. The ex-dividend date is Friday, September 2nd. This represents a $1.22 dividend on an annualized basis and a dividend yield of 1.07%. NIKE's dividend payout ratio is presently 32.45%.

Analyst Ratings Changes

NKE has been the subject of a number of analyst reports. Piper Sandler initiated coverage on shares of NIKE in a research report on Wednesday, August 3rd. They issued a "neutral" rating and a $115.00 price objective for the company. JPMorgan Chase & Co. set a $130.00 price objective on shares of NIKE in a research report on Wednesday, June 29th. KeyCorp initiated coverage on shares of NIKE in a research report on Wednesday, July 20th. They issued a "sector weight" rating for the company. Robert W. Baird decreased their price objective on shares of NIKE from $150.00 to $140.00 and set an "outperform" rating for the company in a research report on Tuesday, June 28th. Finally, Cowen reduced their price target on shares of NIKE from $139.00 to $133.00 and set an "outperform" rating on the stock in a research report on Thursday, June 23rd. Nine research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company's stock. According to MarketBeat.com, NIKE presently has an average rating of "Moderate Buy" and a consensus price target of $139.08.

Insider Activity at NIKE

In related news, EVP Monique S. Matheson sold 19,500 shares of the firm's stock in a transaction that occurred on Tuesday, July 5th. The shares were sold at an average price of $103.45, for a total transaction of $2,017,275.00. Following the transaction, the executive vice president now owns 80,355 shares in the company, valued at $8,312,724.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Monique S. Matheson sold 19,500 shares of the firm's stock in a transaction that occurred on Tuesday, July 5th. The shares were sold at an average price of $103.45, for a total transaction of $2,017,275.00. Following the transaction, the executive vice president now owns 80,355 shares in the company, valued at $8,312,724.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Matthew Friend sold 4,139 shares of the firm's stock in a transaction that occurred 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 in the company, valued at approximately $6,412,653.38. The disclosure for this sale can be found here. Insiders have sold 82,796 shares of company stock worth $9,085,334 over the last quarter. 0.40% of the stock is currently owned by company 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, 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
UBS Group Cuts NIKE (NYSE:NKE) Price Target to $156.00
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
8/09/2022
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
$139.08
High Stock Price Forecast
$176.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+22.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
28 Analysts

Profitability

Net Income
$6.05 billion
Pretax Margin
14.24%

Debt

Sales & Book Value

Annual Sales
$46.71 billion
Cash Flow
$4.39 per share
Book Value
$9.73 per share

Miscellaneous

Outstanding Shares
1,568,560,000
Free Float
1,562,282,000
Market Cap
$178.82 billion
Optionable
Optionable
Beta
1.02

Social Links















NKE Stock - Frequently Asked Questions

Should I buy or sell NIKE stock right now?

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last twelve months. There are currently 8 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?

28 equities research analysts have issued 1 year price targets for NIKE's stock. Their NKE share price forecasts range from $115.00 to $176.00. On average, they anticipate the company's share price to reach $139.08 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for NKE
or view top-rated stocks among Wall Street analysts.

How has NIKE's stock performed in 2022?

NIKE's stock was trading at $166.67 on January 1st, 2022. Since then, NKE shares have decreased by 31.6% and is now trading at $114.00.
View the best growth stocks for 2022 here
.

When is NIKE's next earnings date?

NIKE 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) issued its quarterly earnings results on Monday, June, 27th. The footwear maker reported $0.90 earnings per share (EPS) for the quarter, beating 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 net margin of 12.94% and a trailing twelve-month return on equity of 40.74%. The business's quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 earnings per share.
Read the conference call transcript
.

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

NIKE announced a quarterly dividend on Thursday, August 4th. Stockholders of record on Tuesday, September 6th will be given a dividend of $0.305 per share on Monday, October 3rd. This represents a $1.22 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date 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 1.07%. 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 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 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 has approved a share repurchase plan on Monday, June 27th 2022, which authorizes the company to buyback $18,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 11% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership 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 variety of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (0.84%), Alecta Tjanstepension Omsesidigt (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), TD Asset Management Inc. (0.25%), Brown Advisory Inc. (0.21%) and Banque Pictet & Cie SA (0.20%). 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 $114.00.

How much money does NIKE make?

NIKE (NYSE:NKE) has a market capitalization of $178.82 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?

NIKE 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 8/9/2022 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.