Foot Locker, Inc. Expected to Earn Q1 2025 Earnings of $1.08 Per Share (NYSE:FL)

Foot Locker, Inc. (NYSE:FL – Get Rating) – Analysts at Telsey Advisory Group reduced their Q1 2025 earnings estimates for shares of Foot Locker in a research report issued to clients and investors on Monday, May 22nd. Telsey Advisory Group analyst C. Fernandez now expects that the athletic footwear retailer will post earnings per share of $1.08 for the quarter, down from their prior estimate of $1.15. Telsey Advisory Group has a “Outperform” rating and a $50.00 price objective on the stock. The consensus estimate for Foot Locker’s current full-year earnings is $2.13 per share. Telsey Advisory Group also issued estimates for Foot Locker’s Q3 2025 earnings at $0.96 EPS.

Foot Locker (NYSE:FL – Get Rating) last issued its quarterly earnings results on Friday, May 19th. The athletic footwear retailer reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.08). Foot Locker had a return on equity of 11.77% and a net margin of 2.88%. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the business posted $1.60 earnings per share. Foot Locker’s revenue was down 11.3% on a year-over-year basis.

A number of other research firms have also recently commented on FL. Credit Suisse Group restated an “outperform” rating and set a $62.00 price target on shares of Foot Locker in a research note on Tuesday, March 21st. Guggenheim dropped their target price on Foot Locker from $60.00 to $50.00 in a research report on Monday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Foot Locker from $42.00 to $28.00 in a research report on Monday. Evercore ISI lowered their price target on shares of Foot Locker from $60.00 to $45.00 in a research report on Monday. Finally, Citigroup downgraded Foot Locker from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $48.00 to $30.00 in a research report on Monday. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $38.80.

Foot Locker Stock Performance

FL opened at $27.63 on Tuesday. The firm has a fifty day moving average price of $40.05 and a 200 day moving average price of $39.61. Foot Locker has a 1 year low of $23.85 and a 1 year high of $47.22. The stock has a market cap of $2.58 billion, a P/E ratio of 10.71 and a beta of 1.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.62 and a quick ratio of 0.46.

Hedge Funds Weigh In On Foot Locker

Hedge funds have recently added to or reduced their stakes in the stock. Belpointe Asset Management LLC acquired a new position in shares of Foot Locker in the 4th quarter valued at $39,000. Advisors Asset Management Inc. boosted its stake in Foot Locker by 68.3% during the 1st quarter. Advisors Asset Management Inc. now owns 1,336 shares of the athletic footwear retailer’s stock worth $40,000 after purchasing an additional 542 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Foot Locker by 73.9% during the first quarter. Parkside Financial Bank & Trust now owns 1,337 shares of the athletic footwear retailer’s stock worth $53,000 after buying an additional 568 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of Foot Locker in the 1st quarter valued at approximately $56,000. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in Foot Locker in the first quarter valued at $66,000. 95.06% of the stock is currently owned by institutional investors.

Foot Locker Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Friday, July 14th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, July 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.79%. Foot Locker’s dividend payout ratio is currently 62.02%.

Foot Locker Company Profile

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Foot Locker, Inc engages in the retail of athletic shoes and apparel. The firm uses its omni-channel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It operates through following segments: North America, EMEA (Europe, Middle East, and Africa, and Asia Pacific.