Nike (NKE) - Stock Price & Dividends

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

NIKE, Inc., along with its subsidiaries, creates, designs, and distributes athletic footwear, clothing, accessories, and related services globally. The company offers a wide range of athletic and casual shoes, clothing, and accessories under various trademarks such as Jumpman, Converse, Chuck Taylor, All Star, One Star, and more.

Furthermore, NIKE, Inc. provides an assortment of performance equipment like bags, sport balls, eyewear, and digital devices under its own brand. They also produce plastic products for other manufacturers, in addition to marketing licensed collegiate and professional team apparel and sportswear.

Additionally, NIKE, Inc. licenses third-party manufacturers to produce and distribute apparel, digital devices, and equipment for sports activities under NIKE-owned trademarks. These products are sold through various channels including company-owned stores, online platforms, independent distributors, and retail partners.

Founded in 1964 and headquartered in Beaverton, Oregon, NIKE, Inc. continues to innovate and lead the way in the athletic apparel and footwear industry. To learn more, visit their website at https://www.nike.com.

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 137,800m
Sector Consumer Cyclical
Industry Footwear & Accessories
GiC SubIndustry Footwear
TER 0.00%
IPO / Inception 1980-12-02

NKE Stock Ratings

Growth 5y 0.48
Fundamental 7.06
Dividend 7.47
Rel. Performance vs Sector -4.26
Analysts 3.87/5
Fair Price Momentum 83.37 USD
Fair Price DCF 139.10 USD

NKE Dividends

Yield 12m 1.50%
Yield on Cost 5y 1.71%
Dividends CAGR 5y 8.96%
Payout Consistency 93.9%

NKE Growth Ratios

Growth 12m -23.67%
Growth Correlation 12m -38%
Growth Correlation 3m -52%
CAGR 5y 2.64%
Sharpe Ratio 12m -1.05
Alpha vs SP500 12m -50.25
Beta vs SP500 5y weekly 1.28
ValueRay RSI 69.92
Volatility GJR Garch 1y 28.85%
Price / SMA 50 -3.75%
Price / SMA 200 -7.79%
Current Volume 11241.9k
Average Volume 20d 12254.4k

External Links for NKE Stock

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What is the price of NKE stocks?
As of April 20, 2024, the stock is trading at USD 94.53 with a total of 11,241,901 shares traded.
Over the past week, the price has changed by +2.75%, over one month by -5.43%, over three months by -6.79% and over the past year by -23.75%.
What is the forecast for NKE stock price target?
According to ValueRays Forecast Model, NKE Nike will be worth about 93.3 in April 2025. The stock is currently trading at 94.53. This means that the stock has a potential downside of -1.35%.
Issuer Forecast Upside
Wallstreet Target Price 111 17.4%
Analysts Target Price 112.6 19.1%
ValueRay Target Price 93.3 -1.35%

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.