Equities Analysts Set Expectations for NIKE Q1 Earnings

NIKE, Inc. (NYSE:NKE) – Equities researchers at Telsey Advisory Group issued their Q1 2027 earnings per share estimates for shares of NIKE in a research note issued to investors on Tuesday, September 23rd. Telsey Advisory Group analyst C. Fernandez anticipates that the footwear maker will post earnings per share of $0.47 for the quarter. Telsey Advisory Group currently has a “Market Perform” rating and a $75.00 price target on the stock. The consensus estimate for NIKE’s current full-year earnings is $2.05 per share. Telsey Advisory Group also issued estimates for NIKE’s Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.72 EPS and Q4 2027 earnings at $0.56 EPS.

A number of other analysts also recently issued reports on the stock. Argus raised shares of NIKE to a “buy” rating in a research report on Sunday, July 6th. Cowen raised shares of NIKE from a “hold” rating to a “buy” rating in a research report on Wednesday, September 10th. Citigroup raised shares of NIKE from a “neutral” rating to a “positive” rating in a research note on Friday, September 19th. Royal Bank Of Canada raised shares of NIKE from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $76.00 to $90.00 in a research report on Thursday, September 18th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $115.00 price objective on shares of NIKE in a research report on Friday, August 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $79.46.

NIKE Stock Performance

NIKE stock opened at $71.21 on Wednesday. The company has a market cap of $105.17 billion, a price-to-earnings ratio of 32.97, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24. NIKE has a 12 month low of $52.28 and a 12 month high of $90.62. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 1.50. The stock’s 50-day moving average is $75.12 and its 200-day moving average is $67.43.

NIKE (NYSE:NKE) last posted its quarterly earnings results on Thursday, June 26th. The footwear maker reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.69 billion. NIKE had a return on equity of 23.33% and a net margin of 6.95%.The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.99 earnings per share.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Mitchell Mcleod Pugh & Williams Inc. raised its position in shares of NIKE by 1.0% in the 2nd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 14,176 shares of the footwear maker’s stock valued at $1,007,000 after purchasing an additional 134 shares in the last quarter. Main Street Financial Solutions LLC increased its stake in shares of NIKE by 4.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock worth $244,000 after buying an additional 139 shares during the last quarter. Caldwell Sutter Capital Inc. increased its stake in shares of NIKE by 6.3% in the second quarter. Caldwell Sutter Capital Inc. now owns 2,390 shares of the footwear maker’s stock worth $170,000 after buying an additional 142 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in NIKE by 10.1% in the second quarter. Salomon & Ludwin LLC now owns 1,575 shares of the footwear maker’s stock valued at $120,000 after acquiring an additional 145 shares in the last quarter. Finally, Westmount Partners LLC grew its holdings in NIKE by 2.9% during the 2nd quarter. Westmount Partners LLC now owns 5,165 shares of the footwear maker’s stock worth $367,000 after acquiring an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Insiders Place Their Bets

In other news, Chairman Mark G. Parker sold 110,000 shares of the firm’s stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $72.29, for a total transaction of $7,951,900.00. Following the completion of the sale, the chairman directly owned 842,361 shares in the company, valued at $60,894,276.69. This trade represents a 11.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.80% of the stock is currently owned by insiders.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 2nd will be issued a $0.40 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 2.2%. NIKE’s payout ratio is currently 74.07%.

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.