Zacks Research Analysts Reduce Earnings Estimates for NIKE

NIKE, Inc. (NYSE:NKE) – Equities researchers at Zacks Research dropped their Q2 2026 earnings estimates for shares of NIKE in a note issued to investors on Thursday, January 2nd. Zacks Research analyst R. Lohia now anticipates that the footwear maker will post earnings per share of $0.75 for the quarter, down from their previous estimate of $0.78. The consensus estimate for NIKE’s current full-year earnings is $2.72 per share.

A number of other research firms have also weighed in on NKE. Barclays lowered their price objective on shares of NIKE from $79.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Friday, December 20th. Stifel Nicolaus dropped their price target on shares of NIKE from $79.00 to $75.00 and set a “hold” rating on the stock in a research note on Friday, December 20th. Deutsche Bank Aktiengesellschaft cut their price target on shares of NIKE from $92.00 to $82.00 and set a “buy” rating for the company in a report on Monday, December 16th. Evercore ISI lowered their price objective on NIKE from $105.00 to $97.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Finally, DA Davidson raised NIKE to a “strong-buy” rating in a research note on Monday, December 23rd. Fifteen analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, NIKE presently has an average rating of “Moderate Buy” and a consensus price target of $89.58.

NIKE Trading Down 1.7 %

Shares of NKE stock opened at $72.05 on Monday. NIKE has a twelve month low of $70.75 and a twelve month high of $107.43. The company has a current ratio of 2.36, a quick ratio of 1.58 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $76.77 and its two-hundred day moving average is $78.93. The company has a market capitalization of $108.03 billion, a P/E ratio of 20.64, a price-to-earnings-growth ratio of 1.89 and a beta of 1.02.

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

Institutional Investors Weigh In On NIKE

A number of hedge funds and other institutional investors have recently made changes to their positions in NKE. Teachers Insurance & Annuity Association of America purchased a new stake in NIKE in the 3rd quarter valued at about $30,000. VitalStone Financial LLC grew its holdings in NIKE by 52.6% in the third quarter. VitalStone Financial LLC now owns 435 shares of the footwear maker’s stock valued at $38,000 after purchasing an additional 150 shares during the period. Dunhill Financial LLC increased its position in NIKE by 52.2% during the third quarter. Dunhill Financial LLC now owns 493 shares of the footwear maker’s stock worth $44,000 after purchasing an additional 169 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in NIKE during the second quarter worth approximately $48,000. Finally, Ecofi Investissements SA acquired a new position in shares of NIKE in the 2nd quarter valued at $49,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Insider Buying and Selling at NIKE

In other NIKE news, Director John W. Rogers, Jr. purchased 2,500 shares of the business’s stock in a transaction on Friday, December 27th. The stock was bought at an average cost of $76.65 per share, for a total transaction of $191,625.00. Following the acquisition, the director now owns 34,403 shares of the company’s stock, valued at approximately $2,636,989.95. The trade was a 7.84 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is owned by insiders.

NIKE Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 2nd were paid a $0.40 dividend. This is an increase from NIKE’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, December 2nd. This represents a $1.60 annualized dividend and a yield of 2.22%. NIKE’s payout ratio is presently 49.38%.

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.