What is Seaport Res Ptn’s Estimate for NIKE FY2026 Earnings?

NIKE, Inc. (NYSE:NKE) – Stock analysts at Seaport Res Ptn cut their FY2026 EPS estimates for shares of NIKE in a research note issued to investors on Thursday, December 19th. Seaport Res Ptn analyst M. Kummetz now anticipates that the footwear maker will earn $2.77 per share for the year, down from their prior estimate of $3.11. The consensus estimate for NIKE’s current full-year earnings is $2.72 per share. Seaport Res Ptn also issued estimates for NIKE’s FY2027 earnings at $3.15 EPS.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Thursday, December 19th. The footwear maker reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.15. The firm had revenue of $12.35 billion during the quarter, compared to the consensus estimate of $12.11 billion. NIKE had a return on equity of 39.84% and a net margin of 10.60%. The business’s revenue was down 7.7% compared to the same quarter last year. During the same period last year, the business posted $1.03 EPS.

A number of other equities analysts have also recently issued reports on NKE. Wells Fargo & Company cut their price target on NIKE from $95.00 to $92.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Evercore ISI cut their target price on shares of NIKE from $105.00 to $97.00 and set an “outperform” rating on the stock in a research note on Monday, December 16th. Daiwa America downgraded shares of NIKE from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 11th. Royal Bank of Canada dropped their price objective on shares of NIKE from $82.00 to $80.00 and set a “sector perform” rating on the stock in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. reduced their target price on NIKE from $77.00 to $73.00 and set a “neutral” rating for the company in a research note on Monday, December 2nd. Fifteen investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $89.77.

NIKE Trading Down 0.2 %

NYSE NKE opened at $76.94 on Monday. The stock has a market capitalization of $115.36 billion, a P/E ratio of 22.05, a P/E/G ratio of 1.89 and a beta of 1.02. The business has a 50 day simple moving average of $78.07 and a 200 day simple moving average of $80.55. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.36 and a quick ratio of 1.58. NIKE has a one year low of $70.75 and a one year high of $123.30.

Institutional Trading of NIKE

A number of hedge funds have recently bought and sold shares of the business. Teachers Insurance & Annuity Association of America purchased a new stake in shares of NIKE during the 3rd quarter valued at $30,000. VitalStone Financial LLC grew its position in NIKE by 52.6% during the third quarter. VitalStone Financial LLC now owns 435 shares of the footwear maker’s stock valued at $38,000 after buying an additional 150 shares during the period. Dunhill Financial LLC increased its holdings in NIKE by 52.2% during the third quarter. Dunhill Financial LLC now owns 493 shares of the footwear maker’s stock worth $44,000 after buying an additional 169 shares during the last quarter. Riverview Trust Co bought a new stake in NIKE in the third quarter worth about $52,000. Finally, Catalyst Capital Advisors LLC purchased a new position in NIKE in the third quarter valued at about $54,000. 64.25% of the stock is currently owned by institutional investors.

NIKE Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 2nd will be issued a $0.40 dividend. The ex-dividend date is Monday, December 2nd. This is a positive change from NIKE’s previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a dividend yield of 2.08%. NIKE’s dividend payout ratio is currently 45.85%.

About NIKE

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.