NIKE, Inc. (NKE)
| Market Cap | 111.47B |
| Revenue (ttm) | 50.01B |
| Net Income (ttm) | 5.30B |
| Shares Out | 1.49B |
| EPS (ttm) | 3.49 |
| PE Ratio | 21.44 |
| Forward PE | 26.29 |
| Dividend | $1.48 (1.98%) |
| Ex-Dividend Date | Sep 3, 2024 |
| Volume | 10,716,652 |
| Open | 76.16 |
| Previous Close | 76.66 |
| Day's Range | 74.25 - 76.20 |
| 52-Week Range | 70.75 - 123.39 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 97.81 (+30.61%) |
| Earnings Date | Dec 19, 2024 |
About NKE
NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the NIKE, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. It also sells a line of performance equipment and accessories comprising bags, sport balls, socks, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other ... [Read more]
Financial Performance
In 2024, Nike's revenue was $51.36 billion, an increase of 0.28% compared to the previous year's $51.22 billion. Earnings were $5.70 billion, an increase of 12.43%.
Financial StatementsAnalyst Forecast
According to 34 analysts, the average rating for NKE stock is "Buy." The 12-month stock price forecast is $97.81, which is an increase of 30.61% from the latest price.
News
3-Stock Lunch: Nike, CVS Health & Uber
Courtney Garcia, Payne Capital Management senior wealth advisor, joins 'Power Lunch' to discuss stock plays for three stocks.
NIKE, Inc. Declares $0.40 Quarterly Dividend
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding Class A and ...
Nike: Navigating Near-Term Challenges With Potential Upside
Nike's share price has fallen significantly due to slower growth, but its strong fundamentals and the return of a former CEO make it a buy. Despite recent revenue misses, Nike's robust free cash flow ...
Basketball is having a moment, and that's good news for Nike
Nike recently signed a 12-year deal with the NBA, WNBA, and NBA G League. EMARKETER analyst Rachel Wolff said the deal "makes perfect sense" for Nike.
Kizik Appoints Nike Veteran Andreas Harlow as Senior Vice President of Design
SALT LAKE CITY--(BUSINESS WIRE)--Kizik, the leader in hands-free footwear, proudly announces the addition of Andreas Harlow as Senior Vice President of Design. Harlow, an industry heavyweight with ove...
Nike Is Struggling, But Might Be A Buy Already
Nike's stock, previously rated as a "Sell" due to high valuation, has declined 37% since 2020, making its valuation multiples more reasonable. Despite recent revenue and earnings declines, Nike's long...
Nike: The Cheapest Valuation In The Last 3 Years
Inflation is under control in developed economies and emerging countries, a combination that is difficult to achieve and that benefits the consumer sector. Nike has the best financial fundamentals amo...
Nike: Back To Basics Is Its Best Bet
Nike's Q1 FY25 earnings report showed a 10% revenue decline and a 26% drop in earnings, driven by lower unit sales and traffic declines. Despite ongoing headwinds, the management is optimistic about p...
Nike's Reputation Falls Just When It Needs A Strong Brand Reputation Most
Nike's new CEO Elliott Hill stepped into his new role on October 14 facing a complex, intertwined number of challenges, not least of which is restoring the company to growth mode after dropping 10% in...
Can Nike's new CEO and Jordan anniversary turn around its stock performance?
Nike Inc. (NYSE: NKE) has seen a 22% decline in its stock price this year, amid challenges including slower global demand and a sales strategy shift that hasn't yielded expected results.
Inside $1 billion Nike rival Brooks
Brooks Running may not be nearly as large as Nike (NKE) or New Balance, but that doesn't mean its impact on the sneaker industry isn't still strong. The company – founded in the early 1900s to sell ba...
NIKE, Inc. Appoints Long-Time Leaders Ann Miller as EVP, Global Sports Marketing and Rob Leinwand as EVP, Chief Legal Officer
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) today announced changes in its Senior Leadership Team (SLT), positioning the company for continued growth and success with a focus on putting s...
Nike's future, World Series banks big bucks: YF Sports Report
There is a ton of money surrounding the 2024 World Series. With the Los Angeles Dodgers and New York Yankees kicking off the coveted playoff series this Friday night on Fox, the hype over both teams i...
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl's are still No. 1 choices among consumers for athletic footwear and department stores, according to a consumer sentiment study released by consulting firm AlixPartners.
Howard Community College Announces Historic Apparel Partnership with Nike, BSN Sports
A Media Snippet accompanying this announcement is available by clicking on this link. COLUMBIA, Md.
Why Starbucks' Bad News Is a Warning for Nike
The announcement proves that large-scale turnarounds take time. And unfortunately, there's no magic fix.
Dividend Aristocrats Of The Future - Part 1
A list of 10 companies well on their way to reaching dividend aristocrat status. These companies offer investors a variety of starting yields and span multiple sectors. The majority of these companies...
Nike Extends NBA, WNBA Outfitting Partnership
The extension comes at a critical time. The company earlier this month withdrew its full-year guidance and postponed its first investor day in seven years.
NIKE, Inc. Signs Historic Partnership Extension With NBA, WNBA and NBA G League Through 2037
NEW YORK--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE), the National Basketball Association (NBA) and the Women's National Basketball Association (WNBA) today announced a 12-year extension of their global ...
Nike renews uniform partnership with NBA, WNBA as NFL opens bidding process to competitors
Nike will be the exclusive uniform provider for the NBA and WNBA for another 12 years. The sneaker giant, which also designs uniforms for the MLB and NFL, has shored up its relationship with one of it...
Nike's new CEO Elliott Hill knows the core business back to front, says Jim Cramer
'Mad Money' host Jim Cramer looks at what Nike's new CEO means for the company's future.
Jim Cramer on what Nike would need for a comeback
'Mad Money' host Jim Cramer looks at what Nike's new CEO means for the company's future.
Cramer approves opening a small position in Nike, but it's 'a risky call'
CNBC's Jim Cramer on Thursday gave investors his stamp of approval to buy some shares of Nike, but he warned that such an investment is tricky. Nike disappointed in its most recent quarterly report, a...
Nike is still a good long-term opportunity, says Rockland Trust's Karl Farmer
Karl Farmer, Rockland Trust vice president and portfolio manager. joins 'Power Lunch' to discuss whether he expects the markets to be able to maintain its momentum.