After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that NIKE, Inc. Announces Third Quarter Fiscal 2024 Earnings and Conference Call.
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Stocks Info
NKE belongs to the Consumer Cyclical sector of the NYSE while operating in the Footwear & Accessories industry. At the end of the last regular session, the stock closed at $100.26 and fluctuated between $102.49 as its day high and $100.09 as its day low. The current market capitalization of Nike, Inc. is $151.92B. A total of 8.33 million shares were traded on the day, compared to an average of 9.41M shares.
In the most recent transaction, PARKER MARK G sold 168,378 shares of NKE for 105.00 per share on Feb 14 ’24. After the transaction, the EXECUTIVE CHAIRMAN now owns 1,178,845 company shares. In a previous transaction on Dec 11 ’23, Matheson Monique S. sold 10,000 shares at 119.00 per share. NKE shares that EVP: CHRO owns now total 44,736.
Among the insiders who sold shares, PARKER MARK G disposed of 58,091 shares on Oct 16 ’23 at a per-share price of $99.60. This resulted in the EXECUTIVE CHAIRMAN holding 1,255,600 shares of NKE after the transaction. In another insider transaction, SWAN ROBERT HOLMES bought 13,072 shares at $96.13 per share on Oct 02 ’23. Company shares held by the Director now total 18,005.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Nike, Inc. pays an annual dividend of $1.42, resulting in a dividend yield of 1.42%, and it has a price to earnings (P/E) ratio of 29.28. NKE’s most recent ex-dividend date was 3/1/2024 when it declared a $0.37 quarterly dividend that was paid in cash on 4/1/2024. Previously, the company paid the dividend on 1/2/2024 with an ex-dividend date of 12/1/2023. The NKE stock dividend was $0.37 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, NKE has a high of $128.68 and a low of $88.66.
As of this writing, NKE has an earnings estimate of $0.74 per share for the current quarter. EPS was calculated based on a consensus of 25 estimates, with a high estimate of $0.9 per share and a lower estimate of $0.47. The company reported an EPS of $0.94 in the last quarter, which was 27.00% higher than expectations of $0.74.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NKE’s latest balance sheet shows that the firm has $13.00B in Cash & Short Term Investments as of fiscal 2022. There were $12.63B in debt and $10.73B in liabilities at the time. Its Book Value Per Share was $9.32, while its Total Shareholder’s Equity was $15.28B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NKE is Buy with a score of 4.10.
