NIKE (NYSE:NKE) Releases Earnings Results, Beats Expectations By $0.04 EPS

by · The Markets Daily

NIKE (NYSE:NKE – Get Free Report) announced its quarterly earnings data on Thursday. The footwear maker reported $0.48 EPS for the quarter, beating the consensus estimate 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 Down 1.0%

Shares of NKE stock traded down $0.35 during mid-day trading on Thursday, hitting $35.05. 83,947,967 shares of the stock traded hands, compared to its average volume of 23,248,330. NIKE has a 52-week low of $35.02 and a 52-week high of $76.97. The stock has a market cap of $51.99 billion, a P/E ratio of 16.77, a P/E/G ratio of 2.02 and a beta of 1.10. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36. The stock’s fifty day moving average is $39.16 and its two-hundred day moving average is $43.07.

NIKE Announces Dividend

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

Insider Activity

In other NIKE news, COO Venkatesh Alagirisamy sold 3,671 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total transaction of $137,992.89. Following the sale, the chief operating officer owned 104,862 shares of the company’s stock, valued at approximately $3,941,762.58. The trade was a 3.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew Friend sold 2,463 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total value of $102,460.80. Following the completion of the transaction, the chief financial officer directly owned 82,165 shares in the company, valued at approximately $3,418,064. The trade was a 2.91% 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 valued at $600,126 in the last ninety days. 1.10% of the stock is currently owned by insiders.

Trending Headlines about NIKE

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on NKE shares. Wells Fargo & Company cut their price target on shares of NIKE from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 1st. Needham & Company LLC reiterated a “hold” rating on shares of NIKE in a report on Thursday, June 4th. Raymond James Financial restated a “market perform” rating on shares of NIKE in a research note on Tuesday. Morgan Stanley set a $31.00 price target on shares of NIKE and gave the company an “underweight” rating in a research note on Thursday, September 10th. Finally, Evercore lowered their price target on NIKE from $46.00 to $34.00 in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twenty-one have assigned a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, NIKE presently has an average rating of “Hold” and an average price target of $46.62.

Check Out Our Latest Stock Report on NIKE

About NIKE

(Get Free Report)

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.

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