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S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
How the Wealthy Elite are Picking Stocks (Ad)pixel
Denmark says Nord Stream 1 pipelines stop leaking
UK government drops key part of tax cuts package that sparked market turmoil, sent pound plunging
How the Wealthy Elite are Picking Stocks (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
How the Wealthy Elite are Picking Stocks (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Voter apathy in Bulgaria opens door for pro-Russia groups
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
How the Wealthy Elite are Picking Stocks (Ad)pixel
Denmark says Nord Stream 1 pipelines stop leaking
UK government drops key part of tax cuts package that sparked market turmoil, sent pound plunging
How the Wealthy Elite are Picking Stocks (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
How the Wealthy Elite are Picking Stocks (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Voter apathy in Bulgaria opens door for pro-Russia groups
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
How the Wealthy Elite are Picking Stocks (Ad)pixel
Denmark says Nord Stream 1 pipelines stop leaking
UK government drops key part of tax cuts package that sparked market turmoil, sent pound plunging
How the Wealthy Elite are Picking Stocks (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
How the Wealthy Elite are Picking Stocks (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Voter apathy in Bulgaria opens door for pro-Russia groups
NYSE:NKE

NIKE - NKE Stock Forecast, Price & News

$83.12
-12.21 (-12.81%)
(As of 09/30/2022 09:01 PM ET)
Add
Compare
Today's Range
$82.50
$86.20
50-Day Range
$83.12
$118.06
52-Week Range
$82.50
$179.10
Volume
48.18 million shs
Average Volume
7.35 million shs
Market Capitalization
$130.38 billion
P/E Ratio
23.55
Dividend Yield
1.47%
Price Target
$119.19

NIKE MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.66 Rating Score
Upside/​Downside
43.4% Upside
$119.19 Price Target
Short Interest
Healthy
1.10% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.82
Upright™ Environmental Score
News Sentiment
-0.07mentions of NIKE in the last 14 days
Based on 85 Articles This Week
Insider Trading
Selling Shares
$6.37 M Sold Last Quarter
Proj. Earnings Growth
20.56%
From $3.60 to $4.34 Per Share

Overall MarketRank

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

3.19 out of 5 stars

Consumer Discretionary Sector

8th out of 281 stocks

Rubber & Plastics Footwear Industry

1st 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.

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NKE Stock News Headlines

Nike's Stock Sale Won't Run For Long
Investors who keep their eyes on the finish line have an opportunity to buy a premium consumer stock at a significant discount.
3 Downgraded Must-Have Stocks To Put On Your Watchlist (NKE)
These must-have names for long-term investors are on sale now but may move higher as the q3 earnings reporting season gets underway.
It Could Be a September to Remember for These 3 Stocks (NKE)
We could be in for some refreshing surprises from these three volatile stocks that have the potential to make this month more memorable than last.
NIKE (NYSE:NKE) Price Target Cut to $114.00 by Analysts at Cowen
Stifel Nicolaus Cuts NIKE (NYSE:NKE) Price Target to $110.00
Stifel Nicolaus Cuts NIKE (NYSE:NKE) Price Target to $110.00
Nike (NKE) Q1 Earnings and Revenues Top Estimates
Nike (NKE) Q1 2023 Earnings: What to Expect
See More Headlines
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NKE Company Calendar

Ex-Dividend for 10/3 Dividend
9/02/2022
Last Earnings
9/29/2022
Today
10/02/2022
Dividend Payable
10/03/2022
Next Earnings (Estimated)
12/19/2022
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
$119.19
High Stock Price Forecast
$176.00
Low Stock Price Forecast
$93.00
Forecasted Upside/Downside
+43.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.66
Research Coverage
29 Analysts

Profitability

Net Income
$6.05 billion
Pretax Margin
14.24%

Debt

Sales & Book Value

Annual Sales
$46.71 billion
Cash Flow
$3.82 per share
Book Value
$9.73 per share

Miscellaneous

Outstanding Shares
1,568,556,000
Free Float
1,562,282,000
Market Cap
$130.38 billion
Optionable
Optionable
Beta
1.03

Social Links


Key Executives

  • Mr. Mark G. ParkerMr. Mark G. Parker (Age 66)
    Exec. Chairman
    Comp: $9.68M
  • Mr. John J. Donahoe IIMr. John J. Donahoe II (Age 61)
    Pres, CEO & Director
    Comp: $9.99M
  • Mr. Matthew  FriendMr. Matthew Friend (Age 44)
    Exec. VP & CFO
    Comp: $3.02M
  • Mr. Andrew  CampionMr. Andrew Campion (Age 50)
    Chief Operating Officer
    Comp: $3.33M
  • Ms. Heidi O'Neill (Age 56)
    Pres of Consumer & Marketplace
    Comp: $3.34M
  • Mr. Philip H. Knight (Age 84)
    Co-Founder & Chairman Emeritus
  • Mr. Paul Trussell C.F.A.
    VP of Investor Relations & Strategic Fin.
  • Ms. Ann M. Miller
    Exec. VP, Gen. Counsel & Corp. Sec.
  • Ms. Monique S. MathesonMs. Monique S. Matheson (Age 55)
    Exec. VP & Chief HR Officer
  • Mr. John R. Hoke III (Age 57)
    Chief Design Officer













NKE Stock - Frequently Asked Questions

Should I buy or sell NIKE stock right now?

29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last twelve months. There are currently 10 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street 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?

29 brokerages have issued twelve-month target prices for NIKE's shares. Their NKE share price forecasts range from $93.00 to $176.00. On average, they predict the company's stock price to reach $119.19 in the next year. This suggests a possible upside of 43.4% 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 50.1% and is now trading at $83.12.
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 Monday, December 19th 2022.
View our NKE earnings forecast
.

How were NIKE's earnings last quarter?

NIKE, Inc. (NYSE:NKE) posted its quarterly earnings results on Thursday, September, 29th. The footwear maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.01. The footwear maker had revenue of $12.70 billion for the quarter, compared to the consensus estimate of $12.28 billion. NIKE had a trailing twelve-month return on equity of 37.59% and a net margin of 11.96%. The business's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business earned $1.16 EPS.
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. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.47%. 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 1.28%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NKE will have a dividend payout ratio of 28.11% 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 minted shares were issued to shareholders after the market closes 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 approved a share buyback plan 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 stock through open market purchases. Stock buyback plans are often an indication that the company's management 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."

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 $83.12.

How much money does NIKE make?

NIKE (NYSE:NKE) has a market capitalization of $130.38 billion and generates $46.71 billion in revenue each year. The footwear maker earns $6.05 billion in net income (profit) each year or $3.53 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 10/3/2022 by MarketBeat.com Staff

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