NIKE (NYSE:NKE) Releases FY 2027 Earnings Guidance

NIKE (NYSE:NKE) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.150-1.350 for the period, compared to the consensus estimate of 1.660. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on NKE shares. BTIG Research restated a “buy” rating and set a $55.00 price target on shares of NIKE in a report on Wednesday, September 23rd. Stifel Nicolaus set a $40.00 price objective on NIKE and gave the stock a “hold” rating in a research note on Monday, September 21st. Needham & Company LLC reissued a “hold” rating on shares of NIKE in a research report on Thursday, June 4th. BMO Capital Markets restated an “underperform” rating on shares of NIKE in a research note on Friday. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $38.00 target price (down from $45.00) on shares of NIKE in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twenty-one have issued a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $46.18.

NIKE Trading Down 1.0%

NIKE stock opened at $35.05 on Friday. The business has a 50 day moving average price of $39.04 and a two-hundred day moving average price of $42.94. 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 stock has a market cap of $51.99 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of 2.43 and a beta of 1.09. NIKE has a 12 month low of $35.02 and a 12 month high of $76.97.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Thursday, October 1st. The footwear maker reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.05. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The company had revenue of $11.21 billion for the quarter, compared to analyst estimates of $11.32 billion. During the same quarter last year, the firm earned $0.49 EPS. NIKE’s revenue for the quarter was down 4.3% compared to the same quarter last year. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. As a group, equities analysts forecast that NIKE will post 1.61 EPS for the current year.

NIKE Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 1st were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, September 1st. NIKE’s dividend payout ratio (DPR) is 78.47%.

Insider Transactions at NIKE

In other NIKE news, insider Amy Montagne sold 4,867 shares of NIKE stock in a transaction 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 owned 57,436 shares in the company, valued at $2,415,183.80. The trade was a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Philip McCartney sold 2,559 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total transaction of $96,192.81. Following the completion of the sale, the executive vice president directly owned 78,121 shares in the company, valued at $2,936,568.39. This trade represents a 3.17% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 14,974 shares of company stock valued at $600,126 in the last ninety days. 1.10% of the stock is owned by company insiders.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE reported quarterly EPS of $0.48, ahead of the $0.43 analyst consensus. The company also said its performance-focused business is showing progress, which could support the longer-term recovery. NIKE fiscal 2027 first-quarter results
• Positive Sentiment: Demand for Nike’s first Caitlin Clark signature shoe was strong, with the Caitlin 1 nearly selling out shortly after launch, providing a potential product and marketing catalyst. Nike Caitlin Clark shoes

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.