Nike, Inc. (NYSE: NKE) May Be Attracting Institutional Investments

After Hours

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Stocks Info

Nike, Inc. is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Footwear & Accessories industry. The current market capitalization of Nike, Inc. is $138.87B. A total of 10.89 million shares were traded on the day, compared to an average of 9.59M 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

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Nike, Inc. pays an annual dividend of $1.42, resulting in a dividend yield of 1.54%, and it has a price to earnings (P/E) ratio of 27.06. 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. 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 $NextEra Energy, Inc. per share for the current quarter. EPS was calculated based on a consensus of Nike, Inc. estimates, with a high estimate of $Nucor Corporation per share and a lower estimate of $ONEOK, Inc..

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $9.41, while its Total Shareholder’s Equity was $15.28B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.13.

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