Zacks Research Issues Pessimistic Estimate for NIKE Earnings

NIKE, Inc. (NYSE:NKE) – Equities researchers at Zacks Research decreased their Q2 2026 earnings estimates for shares of NIKE in a research report issued to clients and investors on Thursday, January 2nd. Zacks Research analyst R. Lohia now forecasts that the footwear maker will post earnings per share of $0.75 for the quarter, down from their prior forecast of $0.78. The consensus estimate for NIKE’s current full-year earnings is $2.72 per share.

NKE has been the topic of several other research reports. Barclays dropped their target price on shares of NIKE from $79.00 to $70.00 and set an “equal weight” rating on the stock in a report on Friday, December 20th. Guggenheim dropped their price target on NIKE from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, October 2nd. Robert W. Baird decreased their price objective on NIKE from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Monday, December 23rd. JPMorgan Chase & Co. cut their target price on NIKE from $77.00 to $73.00 and set a “neutral” rating on the stock in a report on Monday, December 2nd. Finally, Telsey Advisory Group downgraded shares of NIKE from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $93.00 to $80.00 in a report on Friday, December 20th. Fifteen equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, NIKE currently has an average rating of “Moderate Buy” and an average price target of $89.58.

NIKE Stock Down 0.5 %

NIKE stock opened at $73.31 on Monday. The firm has a market cap of $109.92 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.89 and a beta of 1.02. NIKE has a 52-week low of $70.75 and a 52-week high of $107.43. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.58 and a current ratio of 2.36. The firm has a 50 day moving average price of $76.91 and a two-hundred day moving average price of $79.20.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Cacti Asset Management LLC bought a new stake in NIKE during the fourth quarter valued at $9,987,000. ING Groep NV bought a new stake in NIKE during the third quarter valued at approximately $29,628,000. Confluence Investment Management LLC grew its stake in NIKE by 6.3% in the 4th quarter. Confluence Investment Management LLC now owns 246,080 shares of the footwear maker’s stock worth $18,621,000 after buying an additional 14,592 shares in the last quarter. Cordatus Wealth Management LLC increased its holdings in shares of NIKE by 19.5% in the 3rd quarter. Cordatus Wealth Management LLC now owns 41,510 shares of the footwear maker’s stock worth $3,669,000 after buying an additional 6,778 shares during the last quarter. Finally, Bristlecone Advisors LLC raised its position in shares of NIKE by 14.3% during the 3rd quarter. Bristlecone Advisors LLC now owns 93,521 shares of the footwear maker’s stock valued at $8,267,000 after buying an additional 11,665 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

Insider Activity at NIKE

In other news, Director John W. Rogers, Jr. acquired 2,500 shares of NIKE stock in a transaction that occurred on Friday, December 27th. The stock was bought at an average price of $76.65 per share, with a total value of $191,625.00. Following the completion of the purchase, the director now owns 34,403 shares in the company, valued at approximately $2,636,989.95. The trade was a 7.84 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by corporate insiders.

NIKE Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 2nd were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is a boost from NIKE’s previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a dividend yield of 2.18%. NIKE’s payout ratio is 49.38%.

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.