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$39.12 billion
Profitability
Miscellaneous
Employees76,700
Next Earnings Date9/24/2019 (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 announced a quarterly dividend on Thursday, August 8th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.22 per share on Monday, September 30th. This represents a $0.88 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Friday, August 30th. 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 issued shares were issued 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 authorized a stock buyback plan on Thursday, June 28th 2018, which permits the company to repurchase $15,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 12.9% of its stock through open market purchases. Stock repurchase 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 quarterly earnings data on Thursday, June, 27th. The footwear maker reported $0.62 EPS for the quarter, missing the consensus estimate of $0.66 by $0.04. The footwear maker had revenue of $10.18 billion for the quarter, compared to analyst estimates of $10.15 billion. Nike had a return on equity of 45.12% and a net margin of 10.30%. The firm's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 earnings per share. View Nike's Earnings History.
When is Nike's next earnings date?
What price target have analysts set for NKE?
32 analysts have issued 1-year target prices for Nike's stock. Their forecasts range from $53.00 to $108.00. On average, they expect Nike's stock price to reach $89.8587 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price. View Analyst Price Targets for Nike.
What is the consensus analysts' recommendation for Nike?
32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nike in the last year. There are currently 1 sell rating, 9 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. 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)
Has Nike been receiving favorable news coverage?
News stories about NKE stock have been trending negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nike earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave headlines about the footwear maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Nike.
Are investors shorting Nike?
Nike saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 7,700,400 shares, a decrease of 10.3% from the June 30th total of 8,582,700 shares. Based on an average daily volume of 6,360,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.6% of the company's stock are sold short. 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), ORIENTAL LD CO/ADR (OLCLY), NINTENDO LTD/ADR (NTDOY), Marriott International (MAR), Las Vegas Sands (LVS), Activision Blizzard (ATVI), SANDS CHINA Ltd/ADR (SCHYY), VF (VFC) and Luxottica Group (LUXTY).
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 Vanguard Group Inc. (6.73%), BlackRock Inc. (5.60%), Bank of New York Mellon Corp (1.65%), Price T Rowe Associates Inc. MD (1.53%), Jennison Associates LLC (1.50%) and Northern Trust Corp (1.34%). Company insiders that own Nike stock include Andrew Campion, Elizabeth J Comstock, Elliott Hill, Eric D Sprunk, Hilary K Krane, John C Lechleiter, John F Slusher, Johnathan A Rodgers, Mark G Parker and Monique S Matheson. 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 Polen Capital Management LLC, AQR Capital Management LLC, Maverick Capital Ltd., Holocene Advisors LP, Invesco Ltd., Price T Rowe Associates Inc. MD, Marshall Wace North America L.P. and Prudential Financial Inc.. Company insiders that have sold Nike company stock in the last year include Elizabeth J Comstock, Elliott Hill, Eric D Sprunk, Hilary K Krane, John C Lechleiter, 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Jennison Associates LLC, BlackRock Inc., Vanguard Group Inc., Bessemer Group Inc., Point72 Asset Management L.P., Morgan Stanley and DekaBank Deutsche Girozentrale. 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 $80.28.
How big of a company is Nike?
Nike has a market capitalization of $125.79 billion and generates $39.12 billion in revenue each year. The footwear maker earns $4.03 billion in net income (profit) each year or $2.49 on an earnings per share basis. Nike employs 76,700 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 DR, 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.
