Key Points
- Director Robert Holmes Swan bought 11,781 NIKE shares on April 7 at about $42.44 each (~$499,986), increasing his stake ~27% to 55,074 shares per an SEC Form 4 filing.
- EPS beat: Nike reported $0.35 EPS vs. $0.29 expected and $11.28B revenue (flat year‑over‑year), with a 16.41% ROE and a 4.84% net margin.
- NIKE paid a $0.41 quarterly dividend (annualized $1.64, ~3.8% yield) but has a high payout ratio (108.6%); the stock is near 52‑week lows and has faced recent analyst downgrades and negative momentum.
NIKE, Inc. (NYSE:NKE - Get Free Report) Director Robert Holmes Swan acquired 11,781 shares of the stock in a transaction that occurred on Tuesday, April 7th. The shares were bought at an average price of $42.44 per share, with a total value of $499,985.64. Following the completion of the purchase, the director owned 55,074 shares in the company, valued at $2,337,340.56. The trade was a 27.21% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
NIKE Trading Up 1.0%
NYSE:NKE opened at $43.12 on Thursday. NIKE, Inc. has a 1 year low of $42.36 and a 1 year high of $80.17. The stock has a market cap of $63.84 billion, a price-to-earnings ratio of 28.56, a PEG ratio of 2.34 and a beta of 1.31. The business has a fifty day moving average of $57.21 and a 200-day moving average of $62.53. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.14.
NIKE (NYSE:NKE - Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. The company had revenue of $11.28 billion during the quarter, compared to analysts' expectations of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The company's revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 earnings per share. Equities analysts predict that NIKE, Inc. will post 2.05 earnings per share for the current year.
NIKE Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were issued a $0.41 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 3.8%. NIKE's dividend payout ratio is 108.61%.
Key Stories Impacting NIKE
Here are the key news stories impacting NIKE this week:
- Positive Sentiment: Company director Robert Holmes Swan bought 11,781 shares at about $42.44, increasing his stake ~27% — an insider purchase that can be read as confidence in the share-price floor. Insider Purchase Filing
- Positive Sentiment: Technicals look deeply oversold (RSI in the late teens); analysts including Guggenheim say a tactical rebound is reasonable, which can attract short‑term dip buyers. Nike Stock Is Deeply Oversold
- Positive Sentiment: Falling share price has pushed Nike’s dividend yield near ~4%, making the stock more attractive to income investors despite operational headwinds. Down 76% from high, Nike stock offers dividend yield of about 4%
- Neutral Sentiment: Analysts and coverage suggest specific price levels matter as Nike executes a strategy shift — useful tactical guidance for traders but not a clear directional catalyst. Watch These Nike Stock Price Levels
- Negative Sentiment: Recent earnings highlighted a lack of revenue growth (flat y/y) and continuing operational challenges — a core reason for the prolonged sell-off and deteriorating investor confidence. Nike Earnings Summary
- Negative Sentiment: Nike faces a nationwide class‑action lawsuit after a data breach, creating legal, remediation and reputational risk that could pressure valuation if damages or customer churn escalate. Nike Data Breach Lawsuit Adds Fresh Risk
- Negative Sentiment: Research houses trimmed expectations — CICC lowered NKE to Market Perform — and multiple outlets note the stock is down ~75%+ from its highs and at/near 52‑week lows, reinforcing negative momentum. Rating Lowered to Market Perform at CICC NKE hit 52-week lows
Analyst Ratings Changes
NKE has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on NIKE from $54.00 to $51.00 and set a "hold" rating for the company in a report on Wednesday, April 1st. Weiss Ratings downgraded NIKE from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday. Citigroup cut their price target on NIKE from $65.00 to $53.00 and set a "neutral" rating for the company in a research note on Wednesday, April 1st. BNP Paribas Exane cut their price target on NIKE from $35.00 to $23.00 and set an "underperform" rating for the company in a research note on Wednesday, April 1st. Finally, Needham & Company LLC downgraded NIKE from a "buy" rating to a "hold" rating in a research note on Thursday, January 8th. Nineteen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, NIKE has an average rating of "Hold" and a consensus target price of $63.25.
Get Our Latest Stock Analysis on NKE
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in NKE. Brighton Jones LLC increased its holdings in shares of NIKE by 388.5% during the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker's stock valued at $15,316,000 after acquiring an additional 160,980 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of NIKE during the 1st quarter valued at about $311,000. United Bank increased its holdings in shares of NIKE by 11.3% during the 2nd quarter. United Bank now owns 17,067 shares of the footwear maker's stock valued at $1,212,000 after acquiring an additional 1,736 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of NIKE by 410.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 132,942 shares of the footwear maker's stock valued at $9,444,000 after acquiring an additional 106,891 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in shares of NIKE by 25.9% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 846 shares of the footwear maker's stock valued at $60,000 after acquiring an additional 174 shares during the last quarter. Institutional investors and hedge funds own 64.25% of the company's stock.
About NIKE
(
Get Free Report)
Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.
The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).
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