How many classes of shares does Nike offer?
Nike offers two share classes. However, Class A shares are convertible to Class B on a share-for-share basis. The following figures are based on the company's latest proxy filings and individual Form 4 filings with the SEC.
What is the ticker for Nike on the NYSE?
Nike stock has been traded under the ticker “NKE” on the NYSE ever since. Leading up to the IPO Nike was growing fast. In 1981, its revenues reached almost $458 million.
Are Nike’s Class A shares convertible to Class B?
As Nike continues to show impressive growth, the athletic company’s top shareholders are major beneficiaries. Nike offers two share classes. However, Class A shares are convertible to Class B on a share-for-share basis.
What year did Nike stock reach $1?
Nike stock price first reached the $1 mark on September 21st, 1989. Nike began paying a quarterly cash dividend in 1984. On December 3rd, 1990, Nike stock price closed at $1.10. Nike stock price had increased by 511% in a decade.
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What is Nike class A stock?
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.
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.
Does Nike issue stock?
Quarterly dividends on NIKE common stock, when declared by the Board of Directors, are paid on a calendar year basis on or about January 5, April 5, July 5 and October 5.
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.
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 Nike a buy sell or hold?
NIKE has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 21 buy ratings, 7 hold ratings, and no sell ratings.
Is Nike a good buy?
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.
Is Nike stock overvalued or undervalued?
significantly overvaluedThe stock of Nike (NYSE:NKE, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded.
Why is Nike a good stock?
The company has focused on protecting its margins which grew 190 basis points to 46.3% in the first nine months of 2022. This is largely a result of Nike increasing its revenue at a greater rate than its cost of sales.
Can I buy one share of Nike?
When you're ready to buy Nike Stock, you'll simply need to log into your brokerage account, enter Nike's ticker symbol (NKE) and input the amount of shares (or dollar value of shares) you want. Depending on your preference and brokerage interface, you may have to choose between order types.
Why is Nike stock so high?
Shares of Nike gained strong upside momentum after the company released its fiscal third quarter earnings report. The company reported revenue of $10.9 billion and GAAP earnings of $0.87 per share, beating analyst estimates on both earnings and revenue.
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...
What is Nike Inc?
How many factories does Nike have?
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 ...
What time do you trade in the pre market?
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.
Does market cap include convertible securities?
Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment.
What is Nike valuation?
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 Inc?
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.
How much is Nike worth in 2020?
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 many people does Nike employ in 2020?
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.
When did Nike start?
As of 2020, it employed 76,700 people worldwide.
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.
What is a key stat?
The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.
What was the stock price of Nike on November 15th?
Key stats. 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.
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 the dividend payout ratio of Nike?
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 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.
When did the 2-1 split happen?
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.
How to Buy Nike (NKE) 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.
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To buy Nike stock, you need a brokerage account. If you don’t already have one, you’ll have to open one—ideally at a firm with no trading fees and low investment minimums. To expedite your search process, check out our list of the best online brokers and best investment apps.
How To Invest in Nike With Mutual Funds and ETFs
When deciding how much to invest in Nike, ask yourself these four questions:
How to calculate restricted stock?
Nike is a major company with decades of proven revenue and stock growth. But investing in any one company can be risky.
How long are futures trading delayed?
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
How many classes of stock does Nike have?
Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.
Who makes Nike products?
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 many shares does BlackRock 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., ...
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
How many shares does Mark Parker own?
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
What brand of shoes does Nike sell?
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
Where is Nike located?
Devoted fans of Nike’s shoes wait hours in line outside stores to be the first to get their hands on collectible Air Jordans and other new releases. Nike makes and sells athletic footwear, clothing, accessories and equipment across the Nike, Jordan, Converse and Hurley brands.
What is the Nike swoosh?
Nike was founded in 1964 as Blue Ribbon Sports and became Nike Inc. in 1971. The company’s world headquarters are in Beaverton, Oregon. Nike’s Europe headquarters are in the Netherlands, and its China headquarters are in Shanghai. John J. Donahoe, II, MBA Ceo. 75,400 Number of Employees.
