Telsey Advisory Group Lowers Earnings Estimates for NIKE

NIKE, Inc. (NYSE:NKE) – Investment analysts at Telsey Advisory Group reduced their FY2025 earnings per share (EPS) estimates for NIKE in a research note issued on Friday, March 21st. Telsey Advisory Group analyst C. Fernandez now anticipates that the footwear maker will post earnings of $2.10 per share for the year, down from their prior forecast of $2.11. Telsey Advisory Group currently has a “Market Perform” rating and a $80.00 target price on the stock. The consensus estimate for NIKE’s current full-year earnings is $2.05 per share. Telsey Advisory Group also issued estimates for NIKE’s Q1 2026 earnings at $0.42 EPS and FY2027 earnings at $2.65 EPS.

A number of other research firms also recently commented on NKE. Wells Fargo & Company dropped their price objective on NIKE from $90.00 to $85.00 and set an “overweight” rating for the company in a report on Friday. BMO Capital Markets dropped their price objective on NIKE from $95.00 to $92.00 and set an “outperform” rating for the company in a report on Friday. Barclays dropped their price objective on NIKE from $79.00 to $70.00 and set an “equal weight” rating for the company in a report on Friday, December 20th. Evercore ISI dropped their price objective on NIKE from $105.00 to $97.00 and set an “outperform” rating for the company in a report on Monday, December 16th. Finally, Truist Financial dropped their price objective on NIKE from $90.00 to $82.00 and set a “buy” rating for the company in a report on Friday. Fifteen equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, NIKE has a consensus rating of “Moderate Buy” and a consensus price target of $87.38.

NIKE Trading Down 5.4 %

NKE stock opened at $68.02 on Monday. The company has a market cap of $100.60 billion, a P/E ratio of 20.99, a PEG ratio of 2.52 and a beta of 1.02. NIKE has a twelve month low of $65.17 and a twelve month high of $98.04. The company has a quick ratio of 1.51, a current ratio of 2.22 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average of $74.70 and a 200-day moving average of $77.40.

NIKE (NYSE:NKE) last released its earnings results on Thursday, March 20th. The footwear maker reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.26. The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $11.02 billion. NIKE had a return on equity of 36.99% and a net margin of 9.98%. The firm’s quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NKE. Thrivent Financial for Lutherans raised its stake in NIKE by 4.5% in the third quarter. Thrivent Financial for Lutherans now owns 66,417 shares of the footwear maker’s stock valued at $5,875,000 after buying an additional 2,843 shares during the period. LPL Financial LLC raised its stake in NIKE by 19.3% in the third quarter. LPL Financial LLC now owns 1,028,131 shares of the footwear maker’s stock valued at $90,887,000 after buying an additional 166,127 shares during the period. Pacer Advisors Inc. raised its stake in NIKE by 3.2% in the third quarter. Pacer Advisors Inc. now owns 111,285 shares of the footwear maker’s stock valued at $9,838,000 after buying an additional 3,464 shares during the period. Eagle Asset Management Inc. raised its stake in NIKE by 36.2% in the third quarter. Eagle Asset Management Inc. now owns 16,698 shares of the footwear maker’s stock valued at $1,476,000 after buying an additional 4,440 shares during the period. Finally, Meridian Wealth Management LLC bought a new stake in NIKE in the third quarter valued at approximately $261,000. 64.25% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NIKE

In related news, Chairman Mark G. Parker sold 169,732 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $72.83, for a total transaction of $12,361,581.56. Following the completion of the transaction, the chairman now directly owns 896,632 shares of the company’s stock, valued at approximately $65,301,708.56. This represents a 15.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John W. Rogers, Jr. purchased 2,500 shares of NIKE stock in a transaction that occurred on Friday, December 27th. The shares were bought at an average cost of $76.65 per share, with a total value of $191,625.00. Following the completion of the transaction, the director now directly 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 disclosure for this purchase can be found here. Insiders own 1.10% of the company’s stock.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.60 annualized dividend and a dividend yield of 2.35%. NIKE’s dividend payout ratio is currently 53.16%.

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.