Is Nike a good stock to invest in?
Sanford C. Bernstein initiated coverage on shares of NIKE in a research note on Monday, March 14th. They issued an “outperform” rating and a $160.00 target price on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of NIKE from $173.00 to $175.00 in a research note on Tuesday, March 22nd.
How much is Nike stock per share?
NIKE pays an annual dividend of $1.22 per share and currently has a dividend yield of 0.97%. NIKE has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of NIKE is 32.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Should you buy Nike stock?
Nike ... stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong ...
How much is stock in Nike?
With stores temporarily closed at various times throughout the past couple of years, Nike's (NKE-3.49%) business was severely impacted. A year-over-year sales increase of 5% in the fiscal 2022 third quarter (ended Feb. 28) shows that the company is ...
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What is Nike's highest stock price?
The latest closing stock price for NIKE as of July 22, 2022 is 109.12. The all-time high NIKE stock closing price was 177.51 on November 05, 2021.
What is a good price for Nike stock?
Stock Price Forecast The 28 analysts offering 12-month price forecasts for Nike Inc have a median target of 130.00, with a high estimate of 185.00 and a low estimate of 100.00.
Is Nike a buy or sell?
NIKE has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 20 buy ratings, 7 hold ratings, and no sell ratings.
Is Nike Good Investment?
Investors can expect another fruitful year out of Nike in fiscal 2022 (which ends May 31). The analysts consensus forecast calls for full-year revenue of $46.9 billion and EPS of $3.74, translating to 5% growth for both metrics.
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.
Is Apple a buy or sell?
Apple has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 23 buy ratings, 8 hold ratings, and no sell ratings.
Is Nike a safe stock?
The company is also highly profitable, with gross margins over the last decade that have registered in the mid-40s. Unfortunately, while the multiple positives associated with an investment in Nike mean the stock is a relatively safe long term investment, these truths are generally known by savvy investors.
Is Nike a good stock to buy 2022?
According to financial projections sourced from S&P Capital IQ, Nike is expected to achieve revenue and normalized EPS CAGRs of +9.9% and +17.7%, respectively for the FY 2022-2025 period. Wall Street also sees NKE generating a 48.6% gross profit margin and a 17.9% EBIT margin in FY 2025.
Is Adidas a good stock to buy?
Over the past 5 years, Adidas stock has been a much better investment as it rewarded shareholders with a 300% return compared to Nike with a 100% return.
Why is Nike stock so low?
In an industry pressured by soaring inflation, Nike Inc. is suffering more than most as its exposure to the fallout from the war in Ukraine and supply-chain issues put its shares on track for their worst quarter since 2008.
Is Nike a blue chip stock?
Blue-chip stocks are companies that have been around for a long time, are worth a lot of money, and are financially healthy. Most blue-chips are household names like Nike and Coca-Cola.
What are the best stocks?
Here's how some of the most widely held stocks in the S&P 500 have performed....Widely held stocks.Company and ticker symbolPerformance year to date (percent)Apple (AAPL)-23.0%Microsoft (MSFT)-23.6%Alphabet (GOOGL)-24.8%Amazon (AMZN)-36.3%1 more row•Jul 1, 2022
Is Nike stock a Buy, Sell or Hold?
Nike stock has received a consensus rating of buy. The average rating score is and is based on 93 buy ratings, 5 hold ratings, and 1 sell ratings.
What was the 52-week low for Nike stock?
The low in the last 52 weeks of Nike stock was 103.50. According to the current price, Nike is 110.85% away from the 52-week low.
What was the 52-week high for Nike stock?
The high in the last 52 weeks of Nike stock was 179.10. According to the current price, Nike is 64.06% away from the 52-week high.
What are analysts forecasts for Nike stock?
The 99 analysts offering price forecasts for Nike have a median target of 160.80, with a high estimate of 221.00 and a low estimate of 104.00. The...
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 was the stock price of Nike on November 15th?
How much did Nike stock go up in 1995?
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%.
When did Nike increase its dividend?
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?
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 is Nike Inc?
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 valuation?
is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services.
How much is Nike worth in 2020?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services.
When did Nike start?
In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
Where is Nike located?
The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory.
How many people does Nike employ in 2020?
The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.
What is the dividend payout ratio of Nike?
As of 2020, it employed 76,700 people worldwide.
What is Nike shoes?
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.
