NIKE (NYSE:NKE) Downgraded by Telsey Advisory Group to Market Perform

Telsey Advisory Group downgraded shares of NIKE (NYSE:NKE) from an outperform rating to a market perform rating in a research note released on Friday, Marketbeat.com reports. Telsey Advisory Group currently has $80.00 price target on the footwear maker’s stock, down from their previous price target of $93.00. Telsey Advisory Group also issued estimates for NIKE’s Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.69 EPS, FY2025 earnings at $2.50 EPS, Q1 2026 earnings at $0.78 EPS, Q2 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.88 EPS, FY2026 earnings at $3.10 EPS and FY2027 earnings at $3.00 EPS.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their price target on shares of NIKE from $77.00 to $73.00 and set a “neutral” rating for the company in a research report on Monday, December 2nd. UBS Group reduced their target price on NIKE from $82.00 to $80.00 and set a “neutral” rating for the company in a report on Monday, December 9th. Daiwa America lowered NIKE from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 11th. Wells Fargo & Company reduced their price objective on NIKE from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of NIKE from $92.00 to $82.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. Fifteen analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $89.77.

NIKE Stock Down 0.2 %

NIKE stock opened at $76.94 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.36 and a quick ratio of 1.58. The stock has a market capitalization of $115.36 billion, a PE ratio of 22.05, a price-to-earnings-growth 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. NIKE has a 12 month low of $70.75 and a 12 month high of $123.30.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Thursday, December 19th. The footwear maker reported $0.78 EPS for the quarter, topping the consensus estimate of $0.63 by $0.15. The company had revenue of $12.35 billion during the quarter, compared to analyst estimates of $12.11 billion. NIKE had a net margin of 10.60% and a return on equity of 39.84%. The firm’s revenue was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 EPS. On average, analysts anticipate that NIKE will post 2.72 EPS for the current fiscal year.

NIKE Increases Dividend

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

Institutional Investors Weigh In On NIKE

A number of institutional investors have recently made changes to their positions in the stock. Teachers Insurance & Annuity Association of America acquired a new position in shares of NIKE in the 3rd quarter worth approximately $30,000. VitalStone Financial LLC lifted its stake in NIKE by 52.6% during the third quarter. VitalStone Financial LLC now owns 435 shares of the footwear maker’s stock worth $38,000 after purchasing an additional 150 shares in the last quarter. Dunhill Financial LLC lifted its stake 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 purchasing an additional 169 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of NIKE during the second quarter worth $48,000. Finally, Ecofi Investissements SA acquired a new stake in shares of NIKE in the second quarter valued at $49,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

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.