Zacks Research Issues Negative Estimate for NIKE Earnings

NIKE, Inc. (NYSE:NKE) – Zacks Research cut their Q2 2026 earnings per share (EPS) estimates for NIKE in a research note issued to investors on Thursday, April 3rd. Zacks Research analyst R. Lohia now forecasts that the footwear maker will post earnings of $0.59 per share for the quarter, down from their previous estimate of $0.75. The consensus estimate for NIKE’s current full-year earnings is $2.05 per share. Zacks Research also issued estimates for NIKE’s Q2 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.41 EPS, Q1 2027 earnings at $0.66 EPS, Q1 2027 earnings at $0.66 EPS, Q2 2027 earnings at $0.85 EPS, Q2 2027 earnings at $0.85 EPS, FY2027 earnings at $2.70 EPS and FY2027 earnings at $2.70 EPS.

Several other analysts also recently issued reports on NKE. BMO Capital Markets reduced their price target on shares of NIKE from $95.00 to $92.00 and set an “outperform” rating for the company in a research report on Friday, March 21st. Citigroup downgraded shares of NIKE from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $102.00 to $72.00 in a research report on Friday, February 7th. Cfra Research raised shares of NIKE to a “moderate buy” rating in a research report on Friday, March 21st. Bank of America decreased their price objective on NIKE from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, December 20th. Finally, Guggenheim restated a “buy” rating and issued a $110.00 target price on shares of NIKE in a report on Wednesday, February 12th. Fifteen investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, NIKE has a consensus rating of “Moderate Buy” and an average price target of $87.38.

NIKE Price Performance

NKE stock opened at $57.17 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.22 and a quick ratio of 1.51. The company’s 50-day moving average is $72.96 and its 200-day moving average is $76.33. The stock has a market capitalization of $84.57 billion, a PE ratio of 17.65, a price-to-earnings-growth ratio of 2.52 and a beta of 1.02. NIKE has a 1 year low of $52.50 and a 1 year high of $98.04.

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

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.80%. The ex-dividend date was Monday, March 3rd. NIKE’s dividend payout ratio (DPR) is currently 53.16%.

Insider Activity at NIKE

In other NIKE news, Chairman Mark G. Parker sold 169,732 shares of NIKE stock in a transaction dated 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 owns 896,632 shares of the company’s stock, valued at $65,301,708.56. The trade was a 15.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On NIKE

Institutional investors and hedge funds have recently modified their holdings of the company. Caitlin John LLC grew its position in NIKE by 117.0% during the fourth quarter. Caitlin John LLC now owns 371 shares of the footwear maker’s stock worth $28,000 after buying an additional 200 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of NIKE during the 4th quarter valued at about $28,000. Roxbury Financial LLC purchased a new position in shares of NIKE during the fourth quarter worth about $30,000. LFA Lugano Financial Advisors SA increased its position in shares of NIKE by 110.5% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 400 shares of the footwear maker’s stock worth $30,000 after purchasing an additional 210 shares during the last quarter. Finally, Hopwood Financial Services Inc. bought a new position in shares of NIKE in the fourth quarter worth approximately $30,000. 64.25% of the stock is owned by hedge funds and other institutional investors.

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.