NIKE (NYSE:NKE) Price Target Lowered to $75.00 at KeyCorp

NIKE (NYSE:NKE) had its price objective lowered by KeyCorp from $90.00 to $75.00 in a report published on Thursday morning, Marketbeat.com reports. The brokerage currently has an overweight rating on the footwear maker’s stock.

Several other research analysts have also recently commented on NKE. Deutsche Bank Aktiengesellschaft set a $67.00 target price on NIKE in a research note on Thursday, January 8th. Sanford C. Bernstein reissued a “buy” rating and set a $85.00 price objective on shares of NIKE in a research report on Tuesday, January 6th. DZ Bank restated a “buy” rating on shares of NIKE in a research note on Friday, December 19th. JPMorgan Chase & Co. reduced their price objective on shares of NIKE from $100.00 to $86.00 and set a “buy” rating on the stock in a report on Monday, November 17th. Finally, Guggenheim reaffirmed a “buy” rating on shares of NIKE in a research report on Wednesday, December 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $74.65.

NIKE Trading Up 0.1%

Shares of NKE stock opened at $65.48 on Thursday. NIKE has a fifty-two week low of $52.28 and a fifty-two week high of $82.44. The company has a 50 day moving average price of $63.90 and a 200 day moving average price of $69.14. The stock has a market capitalization of $96.94 billion, a P/E ratio of 38.52, a price-to-earnings-growth ratio of 3.38 and a beta of 1.28. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, beating the consensus estimate of $0.37 by $0.16. The company had revenue of $12.43 billion during the quarter, compared to analysts’ expectations of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.78 EPS. Equities research analysts predict that NIKE will post 2.05 EPS for the current fiscal year.

NIKE Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were paid a dividend of $0.41 per share. The ex-dividend date was Monday, December 1st. This represents a $1.64 dividend on an annualized basis and a yield of 2.5%. This is a boost from NIKE’s previous quarterly dividend of $0.40. NIKE’s dividend payout ratio (DPR) is 96.47%.

Insiders Place Their Bets

In related news, Chairman Mark G. Parker sold 86,078 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $64.80, for a total value of $5,577,854.40. Following the completion of the sale, the chairman owned 647,615 shares in the company, valued at $41,965,452. This represents a 11.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jorgen Vig Knudstorp bought 16,150 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were acquired at an average price of $62.09 per share, with a total value of $1,002,753.50. Following the purchase, the director directly owned 21,388 shares of the company’s stock, valued at approximately $1,327,980.92. This trade represents a 308.32% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders acquired 91,229 shares of company stock valued at $5,452,640. 0.80% of the stock is owned by insiders.

Institutional Trading of NIKE

A number of institutional investors have recently modified their holdings of NKE. Mascoma Wealth Management LLC acquired a new stake in shares of NIKE in the second quarter valued at about $26,000. Halbert Hargrove Global Advisors LLC grew its holdings in shares of NIKE by 952.6% in the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock worth $28,000 after acquiring an additional 362 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of NIKE in the 2nd quarter worth approximately $31,000. Guerra Advisors Inc purchased a new position in NIKE in the 3rd quarter valued at approximately $34,000. Finally, Opal Wealth Advisors LLC acquired a new position in NIKE during the second quarter worth $35,000. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: KeyCorp (reported) cut its price target to $75 but kept an “overweight” rating — the note still implies meaningful upside from current levels and signals continued analyst confidence. The Fly
• Positive Sentiment: DoorDash expanded instant‑retail to ~1,000 Hibbett stores, bringing footwear/apparel from brands like Nike to more local on‑demand channels — a distribution tailwind that can support sales. DoorDash taps Hibbett stores
• Positive Sentiment: Nike announced regional leadership changes intended to strengthen execution in key geographies — an operational move investors often view as constructive for returning to growth. Leadership reshuffle
• Neutral Sentiment: Personal‑finance coverage (how much to invest for $1,000 in annual dividends) highlights investor interest in Nike’s payout profile, but the story is more about yield math than an earnings or strategy catalyst. Dividend how‑to
• Neutral Sentiment: Broader dividend lists (e.g., “Dogs of the Dow”) mention established payers including names like Nike — this can attract income‑seeking flows but is not an immediate operational catalyst. Dogs of the Dow
• Negative Sentiment: Critical commentary questions whether Nike can be a long‑term winner again after multi‑year underperformance, which can weigh on investor confidence and hurt the stock if sentiment deteriorates. Will Nike ever win again?
• Negative Sentiment: Analysis pieces flag recent trading choppiness and a valuation premium after a sharp price jump, raising the risk of further downside if growth disappoints or margins slip. Valuation/ trading choppiness Is pricing too high?

About NIKE

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).