FY2026 Earnings Estimate for NIKE Issued By Seaport Res Ptn

NIKE, Inc. (NYSE:NKE) – Stock analysts at Seaport Res Ptn lowered their FY2026 earnings per share (EPS) estimates for shares of NIKE in a research note issued to investors on Thursday, December 19th. Seaport Res Ptn analyst M. Kummetz now expects that the footwear maker will post earnings per share of $2.77 for the year, down from their prior estimate of $3.11. The consensus estimate for NIKE’s current full-year earnings is $2.72 per share. Seaport Res Ptn also issued estimates for NIKE’s FY2027 earnings at $3.15 EPS.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Thursday, December 19th. The footwear maker reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.15. NIKE had a net margin of 10.60% and a return on equity of 39.84%. The firm had revenue of $12.35 billion for the quarter, compared to analysts’ expectations of $12.11 billion. During the same period last year, the firm earned $1.03 earnings per share. The business’s revenue for the quarter was down 7.7% on a year-over-year basis.

Several other equities research analysts also recently issued reports on NKE. Sanford C. Bernstein lowered their price target on NIKE from $112.00 to $109.00 and set an “outperform” rating for the company in a report on Thursday, September 19th. Piper Sandler reaffirmed a “neutral” rating and issued a $80.00 target price on shares of NIKE in a research note on Friday, September 20th. JPMorgan Chase & Co. dropped their price target on NIKE from $77.00 to $73.00 and set a “neutral” rating on the stock in a research note on Monday, December 2nd. Bank of America reduced their price objective on shares of NIKE from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday. Finally, Robert W. Baird decreased their target price on NIKE from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Monday. Fifteen analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $89.58.

NIKE Stock Down 0.2 %

Shares of NYSE NKE opened at $76.76 on Monday. NIKE has a 52-week low of $70.75 and a 52-week high of $109.96. The stock has a market cap of $115.09 billion, a P/E ratio of 21.99, a P/E/G ratio of 1.89 and a beta of 1.02. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.58 and a current ratio of 2.36. The firm has a 50 day moving average price of $78.07 and a 200 day moving average price of $80.46.

Hedge Funds Weigh In On NIKE

Several hedge funds have recently made changes to their positions in NKE. AlphaStar Capital Management LLC raised its stake in NIKE by 20.4% in the second quarter. AlphaStar Capital Management LLC now owns 8,723 shares of the footwear maker’s stock valued at $657,000 after purchasing an additional 1,477 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in shares of NIKE by 3.5% during the 2nd quarter. Atomi Financial Group Inc. now owns 10,743 shares of the footwear maker’s stock valued at $810,000 after purchasing an additional 363 shares in the last quarter. AustralianSuper Pty Ltd raised its stake in NIKE by 11.4% in the second quarter. AustralianSuper Pty Ltd now owns 2,218,919 shares of the footwear maker’s stock worth $167,240,000 after buying an additional 227,061 shares in the last quarter. Smith Shellnut Wilson LLC ADV lifted its stake in shares of NIKE by 2.6% in the 2nd quarter. Smith Shellnut Wilson LLC ADV now owns 8,161 shares of the footwear maker’s stock valued at $615,000 after purchasing an additional 206 shares during the period. Finally, Harbour Investments Inc. lifted its position in NIKE by 11.2% during the second quarter. Harbour Investments Inc. now owns 5,392 shares of the footwear maker’s stock valued at $406,000 after buying an additional 543 shares during the period. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

NIKE Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 2nd will be given a dividend of $0.40 per share. This is an increase from NIKE’s previous quarterly dividend of $0.37. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Monday, December 2nd. NIKE’s dividend payout ratio is currently 49.38%.

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.