Nike (NKE) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6541061031

Footwear, Apparel, Equipment, Accessories

Nike Inc., a global sports powerhouse, is a leader in designing, developing, marketing, and selling a wide range of athletic footwear, apparel, equipment, accessories, and services worldwide.

The company's impressive portfolio includes athletic and casual footwear, apparel, and accessories under the iconic Jumpman trademark, as well as casual sneakers, apparel, and accessories under popular brands like Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell.

Under the NIKE brand, the company offers a comprehensive line of performance equipment and accessories, including bags, sport balls, socks, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other gear for various sports activities.

In addition to its own products, Nike also partners with colleges and professional teams to create licensed apparel featuring their logos, as well as sports apparel. The company also licenses its trademarks to other manufacturers, allowing them to produce and sell apparel, digital devices, and equipment for sports activities.

Nike's products are sold through a diverse range of channels, including its own retail stores, digital platforms, independent distributors, licensees, and sales representatives, reaching a vast network of footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis, and golf shops, and other retail accounts.

With a rich history dating back to 1964, Nike Inc. is headquartered in Beaverton, Oregon, and continues to innovate and inspire athletes and consumers around the world. Visit their official website at https://www.nike.com to explore their latest products and initiatives.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Nike (NKE) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Nike (NKE) - Stock Price & Dividends

NKE Stock Overview

Market Cap in USD 142,152m
Sector Consumer Cyclical
Industry Footwear & Accessories
GiC SubIndustry Footwear
TER 0.00%
IPO / Inception 1980-12-02

NKE Stock Ratings

Growth 5y 2.13
Fundamental 74.5
Dividend 6.98
Rel. Performance vs Sector -2.19
Analysts 3.97/5
Fair Price Momentum 86.50 USD
Fair Price DCF 133.67 USD

NKE Dividends

Yield 12m 1.49%
Yield on Cost 5y 1.81%
Dividends CAGR 5y 8.96%
Payout Consistency 84.0%

NKE Growth Ratios

Growth 12m -10.00%
Growth Correlation 12m -38%
Growth Correlation 3m 29%
CAGR 5y 3.93%
CAGR/Mean DD 5y 0.19
Sharpe Ratio 12m -0.59
Alpha vs SP500 12m -43.60
Beta vs SP500 5y weekly 1.28
ValueRay RSI 82.71
Volatility GJR Garch 1y 23.44%
Price / SMA 50 4.17%
Price / SMA 200 -2.51%
Current Volume 15569.9k
Average Volume 20d 8837.8k

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What is the price of NKE stocks?
As of June 22, 2024, the stock is trading at USD 97.18 with a total of 15,569,882 shares traded.
Over the past week, the price has changed by +4.06%, over one month by +5.11%, over three months by -3.23% and over the past year by -10.38%.
What are the forecast for NKE stock price target?
According to ValueRays Forecast Model, NKE Nike will be worth about 96.7 in June 2025. The stock is currently trading at 97.18. This means that the stock has a potential downside of -0.51%.
Issuer Forecast Upside
Wallstreet Target Price 100.6 3.47
Analysts Target Price 112.6 15.8
ValueRay Target Price 96.7 -0.51

The History, Business, and Market Status of Nike Inc (NYSE:NKE)

Founded on January 25, 1964, by Bill Bowerman and Phil Knight, Nike Inc. originally began as Blue Ribbon Sports (BRS) and officially became Nike, Inc. in May 1971. The company's name, inspired by the Greek goddess of victory, encapsulates its aim to foster winning and excellence among athletes.

The Core of Nike's Business

Nike, Inc. has established itself as a global titan in the sports apparel and footwear industry. The core of its business revolves around designing, manufacturing, and selling a diverse range of sports and lifestyle footwear, apparel, equipment, and accessories. Dominating in categories like running, basketball, and soccer, Nike has crafted an unparalleled brand identity through innovation, savvy marketing strategies, and endorsements from top athletes around the world.

Side Businesses and Diversification

Beyond its primary focus on sports footwear and attire, Nike has ventured into various side businesses to enrich its portfolio. One notable subsidiary is Converse Inc., known for its trendy sneakers and casual wear, which Nike acquired in 2003. Additionally, Nike has delved into technology with its Nike+ platform and various fitness apps, integrating digital products to enhance its appeal in the modern, health-conscious market.

Current Market Status

As of the latest assessments in 2023, Nike, Inc. remains a powerhouse within the footwear and apparel market, holding a significant share and showcasing resilience against competition and market fluctuations. Despite facing challenges such as supply chain disruptions and shifting consumer demands, Nike has consistently demonstrated its capacity to innovate and adapt, sustaining its growth and financial health. Its financial performance, global brand recognition, and commitment to sustainability and ethical practices continue to attract investors, making it a pivotal player in the stock market under the ticker symbol NYSE:NKE.

Indeed, Nike's journey from its modest beginnings to becoming a symbol of athletic prowess and culture mirrors its mantra, 'Just Do It,' reflecting not just in its marketing, but in its relentless pursuit of excellence and innovation in the global marketplace.