Zacks Research Issues Pessimistic Estimate for NIKE Earnings

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

NKE has been the subject of several other research reports. Daiwa America lowered shares of NIKE from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft lowered their price target on NIKE from $92.00 to $82.00 and set a “buy” rating for the company in a report on Monday, December 16th. Sanford C. Bernstein decreased their price objective on NIKE from $112.00 to $109.00 and set an “outperform” rating for the company in a research report on Thursday, September 19th. Royal Bank of Canada dropped their target price on shares of NIKE from $82.00 to $80.00 and set a “sector perform” rating on the stock in a report on Thursday, November 7th. Finally, Evercore ISI reduced their price target on shares of NIKE from $105.00 to $97.00 and set an “outperform” rating for the company in a report on Monday, December 16th. Fifteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, NIKE has an average rating of “Moderate Buy” and a consensus price target of $89.58.

NIKE Stock Down 0.5 %

NIKE stock opened at $73.31 on Monday. NIKE has a fifty-two week low of $70.75 and a fifty-two week high of $107.43. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.36 and a quick ratio of 1.58. The firm has a market capitalization of $109.92 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.89 and a beta of 1.02. The company’s 50 day simple moving average is $76.91 and its 200 day simple moving average is $79.20.

NIKE (NYSE:NKE) last issued its 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 analysts’ expectations of $12.11 billion. NIKE had a return on equity of 39.84% and a net margin of 10.60%. The company’s revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.03 earnings per share.

NIKE Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 2nd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend was Monday, December 2nd. This is a boost from NIKE’s previous quarterly dividend of $0.37. NIKE’s dividend payout ratio (DPR) is currently 49.38%.

Insider Buying and Selling

In other news, Director John W. Rogers, Jr. acquired 2,500 shares of the firm’s stock in a transaction on Friday, December 27th. The shares were purchased at an average cost of $76.65 per share, with a total value of $191,625.00. Following the acquisition, the director now directly owns 34,403 shares in the company, valued at $2,636,989.95. This represents a 7.84 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.10% of the stock is currently owned by insiders.

Institutional Trading of NIKE

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

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.