NIKE, Inc. (NYSE:NKE – Free Report) – Research analysts at Telsey Advisory Group raised their Q1 2025 earnings estimates for shares of NIKE in a note issued to investors on Friday, September 22nd. Telsey Advisory Group analyst C. Fernandez now anticipates that the footwear maker will earn $0.93 per share for the quarter, up from their prior estimate of $0.89. Telsey Advisory Group currently has a “Outperform” rating and a $128.00 target price on the stock. The consensus estimate for NIKE’s current full-year earnings is $3.71 per share. Telsey Advisory Group also issued estimates for NIKE’s Q2 2025 earnings at $1.07 EPS, Q3 2025 earnings at $1.15 EPS, Q4 2025 earnings at $1.11 EPS and FY2025 earnings at $4.25 EPS.
Several other analysts have also commented on NKE. HSBC cut their target price on shares of NIKE from $120.00 to $113.00 and set a “hold” rating for the company in a research note on Monday, September 18th. Guggenheim reissued a “buy” rating and set a $135.00 target price on shares of NIKE in a research note on Friday. BNP Paribas lowered shares of NIKE from a “neutral” rating to an “underperform” rating in a research note on Tuesday, July 25th. UBS Group boosted their price target on shares of NIKE from $145.00 to $150.00 in a report on Friday, June 30th. Finally, Barclays cut their price target on shares of NIKE from $127.00 to $124.00 in a report on Friday, June 30th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.48.
NIKE Stock Down 0.8 %
NKE stock opened at $90.85 on Monday. NIKE has a 12 month low of $82.22 and a 12 month high of $131.31. The firm has a market cap of $139.00 billion, a PE ratio of 28.13, a P/E/G ratio of 1.61 and a beta of 1.12. The firm has a 50 day simple moving average of $103.30 and a 200 day simple moving average of $111.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.72 and a quick ratio of 1.81.
NIKE (NYSE:NKE – Get Free Report) last released its earnings results on Thursday, June 29th. The footwear maker reported $0.66 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.02). NIKE had a net margin of 9.90% and a return on equity of 34.01%. The business had revenue of $12.80 billion for the quarter, compared to analyst estimates of $12.58 billion. During the same period in the prior year, the company earned $0.90 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis.
NIKE Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Tuesday, September 5th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, September 1st. NIKE’s dividend payout ratio is currently 42.11%.
Insider Buying and Selling
In related news, Chairman Mark G. Parker sold 110,000 shares of the company’s stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $108.58, for a total transaction of $11,943,800.00. Following the completion of the sale, the chairman now directly owns 1,334,781 shares of the company’s stock, valued at approximately $144,930,520.98. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, Chairman Mark G. Parker sold 110,000 shares of the company’s stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $108.58, for a total transaction of $11,943,800.00. Following the completion of the sale, the chairman now directly owns 1,334,781 shares of the company’s stock, valued at approximately $144,930,520.98. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Johanna Nielsen sold 1,706 shares of the company’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $107.00, for a total transaction of $182,542.00. Following the sale, the vice president now directly owns 954 shares of the company’s stock, valued at $102,078. The disclosure for this sale can be found here. In the last three months, insiders sold 157,251 shares of company stock valued at $17,063,257. Company insiders own 0.50% of the company’s stock.
Institutional Trading of NIKE
A number of hedge funds have recently bought and sold shares of NKE. America First Investment Advisors LLC bought a new stake in NIKE in the 1st quarter valued at $27,000. Marquette Asset Management LLC boosted its holdings in NIKE by 201.3% in the 2nd quarter. Marquette Asset Management LLC now owns 241 shares of the footwear maker’s stock valued at $27,000 after purchasing an additional 161 shares during the period. Tucker Asset Management LLC bought a new stake in NIKE in the 1st quarter valued at $29,000. Horizon Bancorp Inc. IN bought a new stake in NIKE in the 2nd quarter valued at $29,000. Finally, Financial Freedom LLC bought a new stake in NIKE in the 4th quarter valued at $29,000. 63.42% of the stock is owned by institutional investors.
About NIKE
NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.
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