Is Nike a good stock to invest in?
Nike stock holds a mediocre IBD Composite Rating of 59. CAN SLIM connoisseurs prefer to invest in stocks with ratings of 95 or higher. The Stock Checkup Tool shows Nike earnings per share growth averaging 5% over the last three years.
How much is Nike stock per share?
- The all-time high NIKE stock closing price was 177.51 on November 05, 2021.
- The NIKE 52-week high stock price is 179.10, which is 14.1% above the current share price.
- The NIKE 52-week low stock price is 125.44, which is 20.1% below the current share price.
- The average NIKE stock price for the last 52 weeks is 150.98.
Where can you buy Nike stock?
NIKE Inc. (NYSE:NKE)’s traded shares stood at 2.33 million during the latest session, with the company’s beta value hitting 0.94. At the last check today, the stock’s price was $177.00, to imply an increase of 3.30% or $5.65 in intraday trading.
How many outstanding shares does Nike have?
- Consolidated audit reaching completion as of this week and being prepared for submission
- $2 Million in revenue with a 20% net profit leading to over $400K in net profit for the month of August
- Q2 revenues are projected to be approximately $5 Million, by far the most profitable quarter in company history
How many shareholders does NIKE have?
The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc. (BLK). Below, we take a closer look at the top six shareholders of Nike. Note that Nike has two classes of stock.
How many shares are traded each day for NIKE?
NIKE's average daily volume (3m) is 7.664 million.
How much is a full share of NIKE?
$104.70$ 104.80CloseChgChg %$104.701.481.43%
How many shares does a company have?
Typically a startup company has 10,000,000 authorized shares of Common Stock, but as the company grows, it may increase the total number of shares as it issues shares to investors and employees. The number also changes often, which makes it hard to get an exact count. Shares, stocks, and equity are all the same thing.
How many common shares outstanding does Nike have?
Nike Shares Outstanding: 1.574B for March 28, 2022.
What is Nike's cost of debt?
According to the Nike's most recent financial statement as reported on January 5, 2021, total debt is at $9.45 billion, with $9.41 billion in long-term debt and $41.00 million in current debt. Adjusting for $8.63 billion in cash-equivalents, the company has a net debt of $816.00 million.
How many times has Nike split its stock?
According to our Nike stock split history records, Nike has had 6 splits. To make the "Dividend Channel S.A.F.E.
Does Nike pay a dividend?
From its 1985 to 2019 after adjusting for its stock splits, Nike paid out quarterly dividends ranging from 0.5 cents per share in 1985 to 88 cents per share in 2019. Over the past three years, Nike's dividend has increased by an average of 15.8% per year.
What was Nike first stock price?
$22Investing $1,000 In Nike IPO: Nike went public in December 1980 with an offering price of $22 . A $1,000 investment in Nike shares at IPO could have purchased 45.45 shares.
What are 100 stock shares called?
In stocks, a round lot is considered 100 shares or a larger number that can be evenly divided by 100. In bonds, a round lot is usually $100,000 worth. A round lot is sometimes referred to as a normal trading unit, and may be contrasted with an odd lot.
How many shares are there in Apple?
Share StatisticsAvg Vol (3 month) 393.29MShares Outstanding 516.19BImplied Shares Outstanding 6N/AFloat 816.17B% Held by Insiders 10.07%7 more rows
How many shares are there in Tesla?
Tesla shares outstanding for the quarter ending March 31, 2022 were 1.157B, a 2.12% increase year-over-year. Tesla 2021 shares outstanding were 1.129B, a 4.25% increase from 2020.
Should I buy or sell NIKE stock right now?
29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last twelve months. There are currently 1 s...
What is NIKE's stock price forecast for 2022?
29 Wall Street research analysts have issued 12 month target prices for NIKE's shares. Their forecasts range from $139.00 to $195.00. On average, t...
How has NIKE's stock price performed in 2022?
NIKE's stock was trading at $166.67 at the beginning of 2022. Since then, NKE stock has decreased by 31.2% and is now trading at $114.73. View the...
Are investors shorting NIKE?
NIKE saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 9,850,000 shares, a drop of 23.2% from the...
When is NIKE's next earnings date?
NIKE is scheduled to release its next quarterly earnings announcement on Monday, June 27th 2022. View our earnings forecast for NIKE .
How can I listen to NIKE's earnings call?
NIKE will be holding an earnings conference call on Monday, June 27th at 5:00 PM Eastern. Interested parties can register for or listen to the call...
How were NIKE's earnings last quarter?
NIKE, Inc. (NYSE:NKE) posted its quarterly earnings results on Monday, March, 21st. The footwear maker reported $0.87 earnings per share for the qu...
How often does NIKE pay dividends? What is the dividend yield for NIKE?
NIKE declared a quarterly dividend on Thursday, May 5th. Investors of record on Monday, June 6th will be paid a dividend of $0.305 per share on Fri...
Is NIKE a good dividend stock?
NIKE(NYSE:NKE) pays an annual dividend of $1.22 per share and currently has a dividend yield of 1.03%. NIKE has been increasing its dividend for 21...
What stocks have high ROE?
What are the best stocks to buy in June 2021?
NIKE (NKE), KLA Corporation (KLAC), Whirlpool (WHR), CBRE Group (CBRE) and Seagate (STX) are some of the stocks with high ROE to benefit as markets stumble on their growth trajectories. Zacks • 4 days ago.
Who owns authentic brands?
The best Dow Jones stocks to buy and watch in June 2021 are Apple, Boeing, Disney, Goldman Sachs and Microsoft.
What is the dividend payout ratio of Nike?
Authentic Brands founder and CEO Jamie Salter says he has big plans for the soon-to-be acquired Reebok.
When did Nike split?
NIKE does not yet have a strong track record of dividend growth. The dividend payout ratio of NIKE is 30.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NIKE will have a dividend payout ratio of 22.04% next year.
What is Nike shoes?
NIKE shares split on the morning of Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly minted shares were payable to shareholders after the market closes on Wednesday, December 23rd 2015. An investor that had 100 shares of NIKE stock prior to the split would have 200 shares after the split.
What is the NKE symbol?
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
What is the peg ratio of Nike?
NIKE trades on the New York Stock Exchange (NYSE) under the ticker symbol "NKE."
Where is Nike located?
NIKE has a PEG Ratio of 3.22. PEG Ratios above 1 indicate that a company could be overvalued.
When did the 2-1 split happen?
NIKE is headquartered at ONE BOWERMAN DRIVE, BEAVERTON OR, 97005.
Who owns Nike stock?
The 2-1 split was announced on Thursday, November 19th 2015. The newly minted shares were distributed to shareholders after the closing bell on Wednesday, December 23rd 2015. An investor that had 100 shares of NIKE stock prior to the split would have 200 shares after the split.
How many classes of stock does Nike have?
Vanguard Group owns 109.2 million shares of Nike, representing 7.0% of total shares outstanding, according to the company's 13F filing for the period ending March 31, 2020. 15 The company is primarily a mutual fund and ETF management company with about $6.2 trillion in global assets under management ( AUM ). 17 The Vanguard Dividend Appreciation ETF ( VIG) tracks an index of U.S. companies with steadily increasing dividends over 10 or more consecutive years and has $43.0 billion in AUM. Nike stock represents around 1.6% of the fund's holdings. 18
How many shares does BlackRock own?
Note that Nike has two classes of stock. Class A, which are not available on the open market and are convertible into class B shares on a 1-for-1 basis; and Class B, the normal Nike shares available to all investors. 3 The primary difference is that holders of Class A shares elect 9 of the 12 members of Nike's board, ...
How much does Philip Knight own Nike?
BlackRock owns 91.0 million shares of Nike, representing 5.9% of total shares outstanding, according to the company's 13F filing as of March 31, 2020. 15 The company is primarily a mutual fund and ETF management company with approximately $6.5 trillion in AUM. 19 The iShares Core S&P 500 ETF ( IVV) is among one of BlackRock's largest ETFs with approximately $197.7 billion in AUM. Nike comprises 0.5% of IVV's holdings. 20
Who makes Nike products?
Billionaire Philip Knight directly owns 29,154,487 shares of Class A and 11,385,687 shares of Class B Nike stock, representing 9.3% of outstanding Class A shares and 0.9% of outstanding Class B shares as of April 2, 2020; Knight owns 2.6% of all outstanding shares as of that date. 6 7 In 1964, Knight co-founded Blue Ribbon Sports, later to be renamed Nike, with his former track coach, Bill Bowerman. Over the next six decades, Nike would become one of the world's biggest and most powerful brands in sports shoes and apparel, making Knight one of the worlds' wealthiest persons. 8 Knight ran the company as president from 1968 to 1990, save for a brief interlude, and again from 2000 to 2004. Knight has served on the board of directors since the 1960s and retired as the chair after in June 2016. He was appointed Chair Emeritus, a non-voting board member. 9 He and his family are ranked 25th on the Forbes list of billionaires, with a net worth of $39.3 billion. 10
How many shares does Mark Parker own?
Most of Nike's products are manufactured by independent contractors. The company sells its products direct-to-consumer through both its retail outlets and its digital platforms, as well as through independent distributors and retailers. 1 . The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., ...
When did Nike increase its dividend?
Mark Parker holds 1,450,813 shares of Nike stock, representing roughly 0.09% of outstanding shares. 11 Mark Parker serves as Executive Chair of Nike, having previously been the President, CEO, and chair for 14 years. Parker stepped down as CEO in 2019. 12 Parker's career at Nike began in 1979 as a footwear designer, and he has also held executive leadership positions at the company in business lines such as Consumer Product Marketing, Global Footwear, and Nike Brand. 9
How much did Nike stock go up in 1995?
In November 2015 Nike announced it was increasing its dividend by 14%, and that its board had also approved a $12 billion share repurchase program and a two-for-one stock split. Nike stock price rocketed on the news. In 2017, the stock performed reasonably well.
What was the stock price of Nike on November 15th?
The stock continued to perform well into the 1990s. By the end of 1994, the stock hit $2.33 and by December 1995, the stock had gone as high as $4.35. In just one year’s time, the stock’s value had increased by 87%. Growth was a constant.
How much did Nike make in 1981?
On November 15th, Nike stock price closed at a price of $56.63. This represents an increase of over 11% compared to the low on October 13th and a year over year increase of almost 13%.
How many factories does Nike have?
In 1981, its revenues reached almost $458 million. For comparison, back in 1972 Nike’s annual revenue was $2 million. From 1972 to 1981, NIKE Inc.’s net income grew at a pace of almost 100% per year. On IPO day Nike stock price closed at $0.18 on the first day of trade.
What is Nike Inc?
Nike's brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide and outsources its production to more than 400 factories in m. ore than 40 countries.
What is market cap?
Nike Inc is the largest athletic footwear and apparel brand in the world. It designs, develops, and markets athletic apparel, footwear, equipment, and accessories in six major categories: running, basketball, soccer, training, sportswear, and Jordan. Footwear generates about two thirds of its sales. Nike's brands include Nike, Jordan, and Converse ...
Where is Nike based?
Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent. It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). NASDAQ does not use this value to determine compliance with the listing requirements.
Does market cap include convertible securities?
than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
What happens to the market after a Nike split?
It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable).
What is Nike's business?
When a company such as Nike splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
How many NKE splits are there?
NIKE's principal business activity is the design, development and worldwide marketing and selling of athletic footwear, apparel, equipment, accessories and services.
When did Nike stock drop?
Nike (NKE) has 6 splits in our Nike stock split history database. The first split for NKE took place on October 08, 1990. This was a 2 for 1 split, meaning for each share of NKE owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. NKE's second split took place on October 31, 1995. This was a 2 for 1 split, meaning for each share of NKE owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. NKE's third split took place on October 24, 1996. This was a 2 for 1 split, meaning for each share of NKE owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. NKE's 4th split took place on April 03, 2007. This was a 2 for 1 split, meaning for each share of NKE owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. NKE's 5th split took place on December 26, 2012. This was a 2 for 1 split, meaning for each share of NKE owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split. NKE's 6th split took place on December 24, 2015. This was a 2 for 1 split, meaning for each share of NKE owned pre-split, the shareholder now owned 2 shares. For example, a 32000 share position pre-split, became a 64000 share position following the split.
What was the biggest influence on Nike?
During the period from November 1982 through mid-December 1984, Nike stock plunged 73%. Surely many investors lost their patience and sold their shares. Those who hung on have been richly rewarded, of course. In general, investors would be wise to adopt Warren Buffett 's long-term investing philosophy.
How did Nike come back from its troubles in the mid-'80s?
A related and probably even bigger factor in Nike's early success was the huge cultural influence exerted by the growing popularity of running, other fitness activities, and sports in general. More people began wearing athletic shoes of various types as everyday shoes. This factor would also eventually spawn the rise of athleisurewear.
Why is Nike so successful?
How did Nike come back from its troubles in the mid-'80s? Well, sure, it had help from its technical innovations over the years, such as its Waffle sole and patented Air-Sole. Moreover, it was the first company to make shoes with full-length cushioned midsoles and lightweight nylon uppers.
Why did Nike stumble in the 1980s?
Of course, a giant part of Nike's success stems from associating its shoes with famous athletes across various sports. These athletes act as spokespeople for the brand and don Nike shoes while they dunk ball after ball, run at the speed of light, and perform other athletic feats better than 99.9999% of their fellow humans.
What stocks did investors like in the 1980s?
Nike stumbles in the mid-1980s: The importance of patience. Nike's business continued to perform well during the first few years of the 1980s, but then its sales slowed down significantly. Its struggles largely stemmed from consumers' changing taste in footwear.
What was the catalyst for Nike's comeback?
(On that note, many investors probably didn't even know about the IPO -- the internet has done a wonderful job of democratizing information.) Investors likely favored stocks that were considered "solid" and "safe," such as industrial giant General Electric ( NYSE:GE) and old-guard technology company IBM ( NYSE:IBM).
How to Buy Nike (NKE) Stock
The biggest catalyst behind Nike's comeback was probably the company's signing of basketball great Michael Jordan. In 1984, the company lucked out a bit when it signed the rookie to the National Basketball Association (NBA). Jordan quickly became a superstar, lighting a fire under sales of the Air Jordan 1, released in 1985, and spurring Nike's business turnaround.
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How To Invest in Nike With Mutual Funds and ETFs
When deciding how much to invest in Nike, ask yourself these four questions:
