NIKE, Inc. (NYSE:NKE – Free Report) – Analysts at Zacks Research cut their Q2 2025 earnings estimates for NIKE in a research report issued on Tuesday, October 15th. Zacks Research analyst R. Lohia now anticipates that the footwear maker will post earnings of $0.63 per share for the quarter, down from their prior estimate of $0.84. The consensus estimate for NIKE’s current full-year earnings is $2.80 per share. Zacks Research also issued estimates for NIKE’s FY2025 earnings at $2.72 EPS and Q1 2027 earnings at $0.88 EPS.
NIKE (NYSE:NKE – Get Free Report) last posted its earnings results on Tuesday, October 1st. The footwear maker reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.18. The business had revenue of $11.59 billion for the quarter, compared to analysts’ expectations of $11.64 billion. NIKE had a net margin of 10.60% and a return on equity of 39.84%. The business’s revenue for the quarter was down 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.94 earnings per share.
View Our Latest Report on NIKE
NIKE Trading Up 2.2 %
NKE opened at $83.94 on Thursday. The stock has a market capitalization of $126.70 billion, a PE ratio of 22.50, a P/E/G ratio of 1.96 and a beta of 1.02. The firm’s fifty day moving average price is $82.28 and its 200 day moving average price is $85.40. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.36 and a quick ratio of 1.58. NIKE has a 12-month low of $70.75 and a 12-month high of $123.39.
Institutional Investors Weigh In On NIKE
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Ballast Inc. lifted its stake in NIKE by 3.3% during the third quarter. Ballast Inc. now owns 14,096 shares of the footwear maker’s stock valued at $1,246,000 after buying an additional 444 shares in the last quarter. Ellsworth Advisors LLC lifted its stake in NIKE by 4.1% during the third quarter. Ellsworth Advisors LLC now owns 19,162 shares of the footwear maker’s stock valued at $1,694,000 after buying an additional 759 shares in the last quarter. Teamwork Financial Advisors LLC purchased a new stake in NIKE during the third quarter valued at about $1,314,000. Global Retirement Partners LLC lifted its stake in NIKE by 12.8% during the third quarter. Global Retirement Partners LLC now owns 20,159 shares of the footwear maker’s stock valued at $1,782,000 after buying an additional 2,289 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC lifted its stake in NIKE by 39.8% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 13,664 shares of the footwear maker’s stock valued at $1,208,000 after buying an additional 3,889 shares in the last quarter. 64.25% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at NIKE
In other NIKE news, Chairman Mark G. Parker sold 52,487 shares of the company’s stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $78.00, for a total value of $4,093,986.00. Following the completion of the sale, the chairman now directly owns 1,031,226 shares of the company’s stock, valued at approximately $80,435,628. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.50% of the stock is owned by corporate insiders.
NIKE Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 3rd were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Tuesday, September 3rd. NIKE’s payout ratio is 39.68%.
NIKE Company Profile
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.
Featured Articles
- Five stocks we like better than NIKE
- Health Care Stocks Explained: Why You Might Want to Invest
- Why Buffett Loves Occidental Stock And What It Means for Chevron
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- UnitedHealth Group Pulls Back Into a Healthy Buying Opportunity
- What is the Shanghai Stock Exchange Composite Index?
- Why Alphabet Could Rally 30% Before Christmas
Receive News & Ratings for NIKE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIKE and related companies with MarketBeat.com's FREE daily email newsletter.