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

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$80.45 +1.32 (+1.67 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$80.45
Today's Range$79.74 - $80.97
52-Week Range$62.09 - $86.04
Volume10.39 million shs
Average Volume8.15 million shs
Market Capitalization$124.53 billion
P/E Ratio33.24
Dividend Yield1.11%
Beta0.69
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
Phone503-671-3173

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$36.40 billion
Cash Flow$3.0075 per share
Book Value$5.55 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Employees73,100
Outstanding Shares1,573,800,000
Market Cap$124.53 billion
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 announced a quarterly dividend on Thursday, November 15th. Shareholders of record on Monday, December 3rd will be paid a dividend of $0.22 per share on Wednesday, January 2nd. This represents a $0.88 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Friday, November 30th. This is a positive change from Nike's previous quarterly dividend of $0.20. View Nike's Dividend History.

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

Nike shares 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 payable to shareholders after the closing bell 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 has approved a share repurchase plan on Thursday, June 28th 2018, which authorizes the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 12.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

How were Nike's earnings last quarter?

Nike Inc (NYSE:NKE) issued its earnings results on Thursday, December, 20th. The footwear maker reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. The footwear maker earned $9.37 billion during the quarter, compared to the consensus estimate of $9.17 billion. Nike had a return on equity of 44.85% and a net margin of 5.66%. Nike's revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 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, March 28th 2019. View Earnings Estimates for Nike.

What price target have analysts set for NKE?

36 brokers have issued 1 year target prices for Nike's shares. Their predictions range from $51.00 to $103.00. On average, they anticipate Nike's stock price to reach $83.0794 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Nike.

What is the consensus analysts' recommendation for Nike?

36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nike in the last year. There are currently 2 sell ratings, 12 hold ratings and 22 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. 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)
  • 2. According to Zacks Investment Research, "Though NIKE boasts a robust surprise history, higher SG&A expenses due to increased demand creation expense and operating overheads have been headwinds. The company continues to project increased SG&A expenses in quarters ahead, which should hurt margins. Further, unfavorable currency rates due to the global trade and geopolitical dynamics are likely to weigh on its sales. Hence, it provided a soft guidance for fiscal 2019 and the second quarter. However, NIKE’s strong earnings trend has aided the stock to surpass the industry in a year. It delivered positive earnings surprise for the 25th straight quarter in first-quarter fiscal 2019, while sales topped estimates for sixth consecutive quarter. Strong progress on Consumer Direct Offense through innovation and focus on direct-to-customer are key drivers. Growth at international and NIKE Direct businesses, alongside momentum in North America aided fiscal first quarter results." (12/3/2018)
  • 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?

Media coverage about NKE stock has been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nike earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news coverage about the footwear maker a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near future.

Who are some of Nike's key competitors?

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 variety of of institutional and retail investors. Top institutional investors include BTIM Corp. (0.07%), DNB Asset Management AS (0.06%), Douglass Winthrop Advisors LLC (0.05%), Saratoga Research & Investment Management (0.04%), Nisa Investment Advisors LLC (0.03%) and Oakbrook Investments LLC (0.03%). Company insiders that own Nike stock include Andrew Campion, David J Ayre, Elliott Hill, Eric D Sprunk, Hilary K Krane, John C Lechleiter, 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 Eastern Bank, Gulf International Bank UK Ltd, Factory Mutual Insurance Co., Nisa Investment Advisors LLC, Cullinan Associates Inc., Saratoga Research & Investment Management, Oakbrook Investments LLC and BTIM Corp.. 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 Atalanta Sosnoff Capital LLC, DNB Asset Management AS, Boston Advisors LLC, Abner Herrman & Brock LLC, SG Capital Management LLC, Highland Capital Management LLC, Hotaling Investment Management LLC and Hudson Valley Investment Advisors Inc. ADV. 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 $80.45.

How big of a company is Nike?

Nike has a market capitalization of $124.53 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 503-671-3173 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:  1,880 (Vote Outperform)
Underperform Votes:  1,262 (Vote Underperform)
Total Votes:  3,142
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 1/19/2019 by MarketBeat.com Staff

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