Zacks Research Brokers Reduce Earnings Estimates for NIKE, Inc. (NYSE:NKE)

NIKE, Inc. (NYSE:NKE) – Equities researchers at Zacks Research reduced their Q1 2025 earnings estimates for NIKE in a research report issued on Friday, April 19th. Zacks Research analyst R. Lohia now expects that the footwear maker will earn $0.88 per share for the quarter, down from their previous estimate of $0.89. The consensus estimate for NIKE’s current full-year earnings is $3.73 per share. Zacks Research also issued estimates for NIKE’s FY2025 earnings at $3.81 EPS, Q1 2026 earnings at $1.03 EPS, Q2 2026 earnings at $1.21 EPS, Q3 2026 earnings at $1.06 EPS and FY2026 earnings at $4.41 EPS.

Other analysts have also recently issued research reports about the company. Wedbush reiterated an “outperform” rating and set a $115.00 target price on shares of NIKE in a report on Wednesday, March 27th. Royal Bank of Canada reissued a “sector perform” rating and issued a $100.00 target price (down previously from $110.00) on shares of NIKE in a research note on Friday, March 22nd. Sanford C. Bernstein decreased their price target on shares of NIKE from $134.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, March 22nd. The Goldman Sachs Group cut their price objective on NIKE from $135.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, March 22nd. Finally, Williams Trading reaffirmed a “sell” rating and issued a $85.00 target price (down previously from $92.00) on shares of NIKE in a research report on Monday, March 18th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat, NIKE has an average rating of “Moderate Buy” and a consensus target price of $116.26.

NIKE Price Performance

NKE stock opened at $94.20 on Monday. The company has a market cap of $142.18 billion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 1.82 and a beta of 1.09. The company has a current ratio of 2.74, a quick ratio of 1.89 and a debt-to-equity ratio of 0.63. The stock has a 50-day moving average price of $97.85 and a two-hundred day moving average price of $103.46. NIKE has a 12-month low of $88.66 and a 12-month high of $128.68.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Thursday, March 21st. The footwear maker reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.29. The company had revenue of $12.43 billion during the quarter, compared to analysts’ expectations of $12.28 billion. NIKE had a net margin of 10.14% and a return on equity of 39.41%.

Institutional Trading of NIKE

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Capital International Investors increased its position in NIKE by 34.9% in the fourth quarter. Capital International Investors now owns 27,609,613 shares of the footwear maker’s stock worth $2,997,628,000 after buying an additional 7,143,775 shares during the period. FMR LLC increased its holdings in shares of NIKE by 0.7% in the 3rd quarter. FMR LLC now owns 18,502,409 shares of the footwear maker’s stock worth $1,769,200,000 after acquiring an additional 125,746 shares during the period. Price T Rowe Associates Inc. MD lifted its position in NIKE by 87.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,135,431 shares of the footwear maker’s stock valued at $1,860,395,000 after purchasing an additional 7,996,434 shares during the last quarter. Northern Trust Corp boosted its stake in NIKE by 4.5% during the 3rd quarter. Northern Trust Corp now owns 15,557,676 shares of the footwear maker’s stock valued at $1,487,625,000 after purchasing an additional 674,198 shares during the period. Finally, Norges Bank bought a new position in NIKE in the 4th quarter worth about $1,315,097,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 4th were paid a dividend of $0.37 per share. The ex-dividend date was Friday, March 1st. This represents a $1.48 annualized dividend and a yield of 1.57%. NIKE’s dividend payout ratio (DPR) is 43.53%.

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.