Nike Company Profile (NYSE:NKE)

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

Nike declared a quarterly dividend on Thursday, May 11th. Investors of record on Monday, June 5th will be paid a dividend of $0.18 per share on Wednesday, July 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Thursday, June 1st. View Nike's Dividend History.

Nike shares split on the morning of Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly minted shares were distributed 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.

Nike, Inc. (NYSE:NKE) released its quarterly earnings data on Tuesday, June, 28th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.01. The business had revenue of $8.24 billion for the quarter, compared to the consensus estimate of $8.28 billion. Nike had a return on equity of 32.97% and a net margin of 12.02%. Nike's revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 EPS. View Nike's Earnings History.

Nike is scheduled to release their next quarterly earnings announcement on Thursday, June, 29th 2017. View Earnings Estimates for Nike.

35 equities research analysts have issued 1-year price objectives for Nike's shares. Their predictions range from $46.00 to $75.00. On average, they expect Nike's stock price to reach $60.47 in the next twelve months. View Analyst Ratings for Nike.

Here are some recent quotes from research analysts about Nike stock:

• 1. According to Zacks Investment Research, "To counter consumer shift toward online shopping, Nike unveiled a new company alignment – the Consumer Direct Offense. Driven by its Triple Double strategy, this restructuring plan focuses on using digital methods for rapid innovation and product development, along with strengthening consumer relations by operating through core regions. These regions include 12 key cities which are expected to account for over 80% of Nike’s previously forecasted growth, till 2020. The company expects these changes to result in a 2% cut in its global workforce, leading to about 1,400 layoffs. Nike’s shares have lagged the broader sector year to date. Incidentally, the company’s top-line fell prey to stiff competition and a tough retail backdrop in the last reported quarter. These factors, along with lingering currency woes also caused a soft sales view for fourth-quarter fiscal 2017. However, estimates have been stable ahead of earnings." (6/19/2017)
• 2. Deutsche Bank AG analysts commented, "Nike's earnings print sounded alarm bells through (1) forecasting weaker than expected 4Q revenues, (2) missing 3Q GPM plan and guiding 4Q lower due to a promotional NA environment, (3) not giving specific FY18 guidance, which was expected (other than to cite major FX headwinds), and (4) futures slowing for the 5th consecutive quarter to -1% (on CC) from 2% last period. While the last point has less significance than in prior years, the preceding items net to a lowering of our FY18 EPS forecast by 3% and will restart the debate on the appropriate valuation. We stay the course with a LT favorable view and Buy rating as NKE remains a traffic driving consumer brand with pricing power (far from a commodity in retail) and the company's new 'Triple-Double' plan to double the (a) cadence and scale of product innovation, (b) speed of the supply chain, and (c) direct connections with the consumer, which should lead to an acceleration in top & bottom line in FY18 and beyond, in our view." (3/22/2017)
• 3. Wedbush analysts commented, "NKE reported mixed results with headwinds in North America (NA) and f/x still pressuring sales and margins. We still believe futures are an important directional indicator to the story and these declined 1% currency neutral (CN) or -4% reported. While the company is making progress on accelerating its innovation pipeline and engagement with consumers, this is more than offset in the medium-term by weakness in other areas of the business and the retail backdrop in NA (reflective of the 9% futures decline in the region). We still contend that other brands continue to be in the sweet spot of what consumers currently demand, particularly on a wholesale level, and we don't see that changing in the near future." (3/22/2017)
• 4. Stifel Nicolaus analysts commented, "FY3Q results highlight Nike's global diversification and financial flexibility and the FY18 outlook points to largely sound fundamentals with revenue growth in all regions, operating margin expansion, and constant currency EPS growth in line with long-run objectives (mid-teens). Unfortunately, North America remains a challenge and FX pressures to earnings are projected to stiffen in FY18, masking expectations for constant currency progress in reported EPS. Our FY18 and FY19 estimates come in though we continue to view Nike as well-positioned to succeed long-term, and look beyond FX pressures in FY18 to FY19 earnings power as a basis for valuation. We are lowering our 12-month target from $68 to $66 representing 22.5x our $2.95 FY19E EPS." (3/21/2017)

Some companies that are related to Nike include Walt Disney Company (The) (DIS), Charter Communications (CHTR), Naspers (NPSNY), Time Warner (TWX), Netflix (NFLX), Twenty-First Century Fox (FOXA), Las Vegas Sands Corp. (LVS), Twenty-First Century Fox (FOX), Nintendo (NTDOY), Sony Corp Ord (SNE), Activision Blizzard (ATVI), Nintendo Co., Ltd (NTDOY), Adidas AG (ADDYY), Marriott International (MAR), Sands China (SCHYY), Carnival Corporation (CCL), Electronic Arts (EA) and Panasonic (PCRFY).

Nike's management team includes the folowing people:

• Mark G. Parker, Chairman of the Board, President, Chief Executive Officer
• Jeanne P. Jackson, President & Strategic Advisor
• Andrew Campion, Chief Financial Officer, Executive Vice President
• Trevor A. Edwards, President - Nike Brand
• Michael Spillane, President - Product and Merchandising
• Eric D. Sprunk, Chief Operating Officer
• Chris L. Abston, Vice President, Corporate Controller
• Timothy D. Cook, Lead Independent Director
• Travis Knight, Director
• Elizabeth J. Comstock, Independent Director

Nike's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.89%), BlackRock Inc. (4.90%), State Street Corp (3.61%), Wellington Management Group LLP (3.02%), FMR LLC (2.46%) and Bank of New York Mellon Corp (1.76%). Company insiders that own Nike stock include David J Ayre, Eric D Sprunk, Hilary K Krane, Jeanne P Jackson, John C Lechleiter, John F Slusher, John R Thompson Jr, Mark G Parker, Timothy D Cook and Trevor A Edwards. View Institutional Ownership Trends for Nike.

Nike's stock was sold by a variety of institutional investors in the last quarter, including Lansdowne Partners UK LLP, FMR LLC, Janus Capital Management LLC, Winslow Capital Management LLC, Alliancebernstein L.P., Parametric Portfolio Associates LLC, State of New Jersey Common Pension Fund D and American Century Companies Inc.. Company insiders that have sold Nike stock in the last year include David J Ayre, Eric D Sprunk, Hilary K Krane, John F Slusher, John R Thompson Jr and Mark G Parker. View Insider Buying and Selling for Nike.

Nike's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Jennison Associates LLC, OppenheimerFunds Inc., Vanguard Group Inc., Wellington Management Group LLP, OMERS ADMINISTRATION Corp, Pioneer Investment Management Inc. and Morgan Stanley. View Insider Buying and Selling for Nike.

Shares of Nike can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Nike stock can currently be purchased for approximately $53.36.