NIKE (NYSE:NKE) Releases Quarterly Earnings Results

NIKE (NYSE:NKE) announced its earnings results on Thursday. The footwear maker reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.04, Zacks reports. NIKE had a return on equity of 16.54% and a net margin of 6.70%. NIKE updated its FY 2027 guidance to 1.150-1.350 EPS.

NIKE Stock Performance

NIKE stock traded down $0.35 during midday trading on Thursday, reaching $35.05. The stock had a trading volume of 90,105,750 shares, compared to its average volume of 23,341,389. The firm has a market capitalization of $51.99 billion, a PE ratio of 16.77, a P/E/G ratio of 2.02 and a beta of 1.10. NIKE has a 12 month low of $35.02 and a 12 month high of $76.97. The company has a quick ratio of 1.36, a current ratio of 1.96 and a debt-to-equity ratio of 0.40. The firm’s 50-day moving average price is $39.16 and its 200 day moving average price is $43.07.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Tuesday, September 1st. NIKE’s payout ratio is currently 78.47%.

Analyst Ratings Changes

Several research firms have weighed in on NKE. JPMorgan Chase & Co. reissued a “sell” rating on shares of NIKE in a research report on Monday, August 31st. Piper Sandler reiterated a “neutral” rating and set a $38.00 target price (down from $45.00) on shares of NIKE in a research note on Monday. Oppenheimer set a $52.00 price target on shares of NIKE and gave the stock an “outperform” rating in a report on Wednesday, September 23rd. Robert W. Baird set a $44.00 price target on shares of NIKE and gave the company a “neutral” rating in a research report on Monday, September 14th. Finally, Rothschild & Co Redburn decreased their price objective on shares of NIKE from $45.00 to $37.00 and set a “sell” rating for the company in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twenty-one have assigned a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $46.62.

Insider Buying and Selling at NIKE

In related news, insider Amy Montagne sold 4,867 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $42.05, for a total transaction of $204,657.35. Following the sale, the insider directly owned 57,436 shares in the company, valued at approximately $2,415,183.80. This represents a 7.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total transaction of $137,992.89. Following the completion of the transaction, the chief operating officer directly owned 104,862 shares of the company’s stock, valued at approximately $3,941,762.58. This trade represents a 3.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 14,974 shares of company stock worth $600,126 over the last ninety days. Company insiders own 1.10% of the company’s stock.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Nike’s new Caitlin Clark signature shoe, the Caitlin 1, was nearly sold out less than two hours after launch at a $140 retail price. The strong debut could support demand, brand engagement and Nike’s strategy of building momentum through key athlete partnerships. Nike’s new Caitlin Clark shoes are already almost sold out
• Positive Sentiment: Record short interest—estimated at roughly 87 million shares—creates the possibility of a sharp short-covering rally if Nike delivers an earnings beat or offers more encouraging guidance. NKE Ticks Higher Ahead Of Q1 As Short Interest Hits Record 87M Shares
• Neutral Sentiment: Nike is giving its China business greater control over product decisions and distribution as it attempts to respond more quickly to local competitors. The move could improve execution, but it also highlights the severity of Nike’s falling China sales and competitive challenges. Nike Lost China to Local Brands, Now It’s Trying to Think Like One
• Negative Sentiment: Analysts expect another quarter of declining sales, with consensus estimates of approximately $0.44 in earnings per share and $11.34 billion in revenue. Investors are also watching for conservative guidance, as Nike previously indicated that sales could be flat during the first half of the fiscal year. Nike is set to report earnings after the bell
• Negative Sentiment: Bank of America warned that weak demand, margin pressure and a slower-than-expected recovery could push NKE lower, while other analysts have reduced price targets ahead of the report. Options markets imply substantial post-earnings volatility, with traders preparing for a potential move toward a 13-year low. Why Bank of America Is Betting That Nike Stock Will Fall from Here

NIKE Company Profile

NIKE, Inc is a global sportswear company that designs, develops, markets and sells athletic footwear, apparel, equipment, accessories and related services. Its products are marketed under the NIKE, Jordan and Converse brands and are used across a broad range of sports and lifestyle activities, including running, basketball, football, training and outdoor pursuits.

The company distributes its products through a combination of wholesale partners, NIKE-owned retail stores and digital platforms.