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.
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Industry, Sector and Symbol
Industry Rubber & plastics footwear
Sub-IndustryFootwear
SectorConsumer Discretionary
Phone503-671-6453
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$36.40 billion
Profitability
Miscellaneous
Employees73,100
Next Earnings Date6/27/2019 (Confirmed)
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 Thursday, May 9th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.22 per share on Monday, July 1st. This represents a $0.88 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Friday, May 31st. View Nike's Dividend History.
When did Nike's stock split? How did Nike's stock split work?
Nike shares split 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 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 announced that its Board of Directors has approved a stock buyback plan on Thursday, June 28th 2018, which authorizes the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 12.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Nike's earnings last quarter?
Nike Inc (NYSE:NKE) released its earnings results on Thursday, March, 21st. The footwear maker reported $0.68 EPS for the quarter, beating the consensus estimate of $0.65 by $0.03. The footwear maker earned $9.61 billion during the quarter, compared to the consensus estimate of $9.60 billion. Nike had a net margin of 10.79% and a return on equity of 45.78%. Nike's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. View Nike's Earnings History.
When is Nike's next earnings date?
How can I listen to Nike's earnings call?
Nike will be holding an earnings conference call on Thursday, June 27th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for NKE?
36 analysts have issued 12 month price targets for Nike's stock. Their forecasts range from $53.00 to $103.00. On average, they anticipate Nike's share price to reach $87.1359 in the next year. This suggests a possible upside of 3.4% 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, 10 hold ratings and 24 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, as well as growth in international and NIKE Direct businesses are the key drivers. 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." (5/27/2019)
- 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 this week, according to InfoTrie. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nike earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news headlines about the footwear maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Nike.
Are investors shorting Nike?
Nike saw a decline in short interest in the month of May. As of May 31st, there was short interest totalling 8,746,400 shares, a decline of 10.2% from the April 30th total of 9,740,400 shares. Based on an average daily trading volume, of 6,930,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.7% of the company's stock are short sold. View Nike's Current Options Chain.
Who are some of Nike's key competitors?
Some companies that are related to Nike include Walt Disney (DIS), Comcast (CMCSA), Netflix (NFLX), Naspers (NPSNY), Charter Communications (CHTR), Sony (SNE), ADIDAS AG/S (ADDYY), Marriott International (MAR), Las Vegas Sands (LVS), NINTENDO LTD/ADR (NTDOY), SANDS CHINA Ltd/ADR (SCHYY), Activision Blizzard (ATVI), VF (VFC), Carnival (CCL) and Electronic Arts (EA).
What other stocks do shareholders of Nike own?
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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.46%), FMR LLC (1.47%), Janus Henderson Group PLC (0.68%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), Parametric Portfolio Associates LLC (0.30%) and New York State Common Retirement Fund (0.23%). Company insiders that own Nike stock include Andrew Campion, Elliott Hill, Eric D Sprunk, Hilary K Krane, John F Slusher, Johnathan A Rodgers, Mark G Parker, Monique S Matheson and Trevor A Edwards. View Institutional Ownership Trends for Nike.
Which major investors are selling Nike stock?
NKE stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Marshall Wace LLP, Janus Henderson Group PLC, Marshall Wace North America L.P., BlackRock Inc., Assenagon Asset Management S.A., Pictet Asset Management Ltd. and First Trust Advisors LP. 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 major investors are buying Nike stock?
NKE stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, AKO Capital LLP, Nordea Investment Management AB, Avalon Advisors LLC, SG Americas Securities LLC, Bank of Montreal Can, Gateway Investment Advisers LLC and Raymond James & Associates. 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 $84.30.
How big of a company is Nike?
Nike has a market capitalization of $132.50 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.View Additional Information About Nike.
What is Nike's official website?
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)
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.
