NYSE:NKE - Nike Stock Price, News, & Analysis

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$88.73 +0.93 (+1.06 %)
(As of 04/18/2019 06:25 AM ET)
Previous Close$87.80
Today's Range$87.45 - $88.97
52-Week Range$64.99 - $88.97
Volume5.59 million shs
Average Volume6.47 million shs
Market Capitalization$139.46 billion
P/E Ratio36.67
Dividend Yield1.00%
Beta0.67
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories: running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, lacrosse, skateboarding, tennis, volleyball, wrestling, walking, and outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment under the NIKE brand for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Further, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. NIKE, Inc. 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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Industry, Sector and Symbol

Industry Rubber & plastics footwear
Sub-IndustryFootwear
SectorConsumer Discretionary
CUSIP65410610
Phone503-671-6453

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$36.40 billion
Cash Flow$3.0232 per share
Book Value$5.70 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Employees73,100
Outstanding Shares1,571,748,000
Market Cap$139.46 billion
Next Earnings Date6/27/2019 (Estimated)
OptionableOptionable

Nike (NYSE:NKE) Frequently Asked Questions

What is Nike's stock symbol?

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

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

Nike declared a quarterly dividend on Friday, February 15th. Stockholders of record on Monday, March 4th will be given a dividend of $0.22 per share on Monday, April 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Friday, March 1st. View Nike's Dividend History.

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

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 issued shares were payable to shareholders after the market closes 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.

How will Nike's stock buyback program work?

Nike declared that its Board of Directors has approved a share repurchase program on Thursday, June 28th 2018, which authorizes the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 12.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

How were Nike's earnings last quarter?

Nike Inc (NYSE:NKE) announced its quarterly earnings results on Thursday, March, 21st. The footwear maker reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.03. The footwear maker had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $9.60 billion. Nike had a return on equity of 45.78% and a net margin of 10.79%. The firm's revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $0.68 earnings per share. View Nike's Earnings History.

When is Nike's next earnings date?

Nike is scheduled to release their next quarterly earnings announcement on Thursday, June 27th 2019. View Earnings Estimates for Nike.

What price target have analysts set for NKE?

37 brokerages have issued twelve-month target prices for Nike's shares. Their predictions range from $53.00 to $103.00. On average, they expect Nike's stock price to reach $87.1653 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for Nike.

What is the consensus analysts' recommendation for Nike?

37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nike in the last year. There are currently 2 sell ratings, 10 hold ratings and 25 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nike.

What are Wall Street analysts saying about Nike stock?

Here are some recent quotes from research analysts about Nike stock:
  • 1. According to Zacks Investment Research, "NIKE fared better than the industry in a year, driven by robust surprise trend, stemming from the execution of Consumer Direct Offense. NIKE delivered positive earnings results for over three years now, with third-quarter fiscal 2019 marking the 27th straight quarter of earnings beat. Moreover, sales surpassed estimates for the eighth straight quarter. Strong progress on Consumer Direct Offense through innovation and focus on digital transformation are the key drivers. Additionally, growth at international and NIKE Direct businesses aided results in the fiscal third quarter. However, the company provided a soft view for the fiscal fourth quarter, owing to unfavorable currency. Higher SG&A expenses due to increased investments are likely to remain a drag. Further, higher input costs like cotton, chemicals and labor as well as the shift in supply-chain investments from the fiscal third quarter to the fourth quarter should hurt results." (3/25/2019)
  • 2. Guggenheim analysts commented, "We believe today’s result demonstrates the global strength of the Nike brand (~20% combined Int’l growth in cc), as well as NKE’s diligent work to improve performance in North America. Nike brand revenue increased 10% (+14% in cc), while total Nike, Inc." (12/21/2018)
  • 3. 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)

Has Nike been receiving favorable news coverage?

News stories about NKE stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nike earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned press coverage about the footwear maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Who are some of Nike's key competitors?

What other stocks do shareholders of Nike own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nike investors own include Netflix (NFLX), Walt Disney (DIS), NVIDIA (NVDA), Starbucks (SBUX), Alibaba Group (BABA), Visa (V), Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ) and Cisco Systems (CSCO).

Who are Nike's key executives?

Nike's management team includes the folowing people:
  • Mr. Mark G. Parker, Chairman, Pres & CEO (Age 63)
  • Mr. Andrew Campion, Exec. VP & CFO (Age 47)
  • Mr. Eric D. Sprunk, Chief Operating Officer (Age 55)
  • Ms. Hilary K. Krane, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 55)
  • Mr. John F. Slusher, Exec. VP of Global Sports Marketing (Age 50)

Who are Nike's major shareholders?

Nike's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bristol John W & Co. Inc. NY (0.08%), BTIM Corp. (0.07%), DNB Asset Management AS (0.07%), Retirement Systems of Alabama (0.06%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.06%) and Douglass Winthrop Advisors LLC (0.05%). Company insiders that own Nike stock include Andrew Campion, Elliott Hill, Eric D Sprunk, Hilary K Krane, 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.

Which institutional investors are selling Nike stock?

NKE stock was sold by a variety of institutional investors in the last quarter, including Ledyard National Bank, Manning & Napier Group LLC, Retirement Systems of Alabama, State of Alaska Department of Revenue, Locust Wood Capital Advisers LLC, Huntington National Bank, Quantitative Systematic Strategies LLC and Trust Department MB Financial Bank N A. 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.

Which institutional investors are buying Nike stock?

NKE stock was purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Ferguson Wellman Capital Management Inc., Factory Mutual Insurance Co., Pacer Advisors Inc., DNB Asset Management AS, Atalanta Sosnoff Capital LLC, Abner Herrman & Brock LLC and KAMES CAPITAL plc. View Insider Buying and Selling for Nike.

How do I buy shares of Nike?

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.

What is Nike's stock price today?

One share of NKE stock can currently be purchased for approximately $88.73.

How big of a company is Nike?

Nike has a market capitalization of $139.46 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.

What is Nike's official website?

The official website for Nike is http://www.nike.com.

How can I contact Nike?

Nike's mailing address is ONE BOWERMAN DRIVE, BEAVERTON OR, 97005. The footwear maker can be reached via phone at 503-671-6453 or via email at [email protected]


MarketBeat Community Rating for Nike (NYSE NKE)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  1,909 (Vote Outperform)
Underperform Votes:  1,280 (Vote Underperform)
Total Votes:  3,189
MarketBeat's community ratings are surveys of what our community members think about Nike and other stocks. Vote "Outperform" if you believe NKE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/18/2019 by MarketBeat.com Staff

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