NKE - Nike - 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, designs, develops, markets, and sells a wide range of athletic and casual footwear, apparel, equipment, accessories, and services. The company's diverse portfolio includes products under iconic brands such as Jordan (Jumpman), Converse, and Chuck Taylor, offering everything from high-performance gear to stylish casual wear.

Under the Nike brand, the company sells 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. Additionally, Nike supplies other manufacturers with a variety of plastic products.

Nike also capitalizes on the popularity of college and professional sports teams by marketing apparel with licensed logos. Furthermore, the company licenses its trademarks to third-party manufacturers, allowing them to produce and sell apparel, digital devices, and other sports-related equipment.

The company's products are distributed through a diverse network of retail channels, including Nike-owned stores, digital platforms, independent distributors, licensees, and sales representatives. This extensive reach enables Nike to cater to a broad customer base, from specialty stores to department stores, and even skate, tennis, and golf shops.

Founded in 1964, Nike Inc. is headquartered in Beaverton, Oregon, and has evolved into a global leader in the sports industry, known for its innovative products, powerful branding, and commitment to inspiring athletes and individuals around the world. You can learn more about Nike on their official website: https://www.nike.com.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

NKE Stock Overview

Market Cap in USD 109,368m
Sector Consumer Cyclical
Industry Footwear & Accessories
GiC SubIndustry Footwear
TER 0.00%
IPO / Inception 1980-12-02

NKE Stock Ratings

Growth 5y -13.5
Fundamental 67.9
Dividend 56.6
Rel. Performance vs Sector -4.08
Analysts 3.78/5
Fair Price Momentum 64.46 USD
Fair Price DCF 134.81 USD

NKE Dividends

Dividend Yield 12m 2.00%
Yield on Cost 5y 1.75%
Dividends CAGR 5y 8.96%
Payout Consistency 84.0%

NKE Growth Ratios

Growth 12m -32.24%
Growth Correlation 12m -42%
Growth Correlation 3m -29%
CAGR 5y -2.67%
CAGR/Mean DD 5y -0.12
Sharpe Ratio 12m -1.14
Alpha vs SP500 12m -56.99
Beta vs SP500 5y weekly 1.25
ValueRay RSI 28.61
Volatility GJR Garch 1y 35.29%
Price / SMA 50 -15.32%
Price / SMA 200 -25.71%
Current Volume 8892k
Average Volume 20d 24613.7k

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What is the price of NKE stocks?
As of July 27, 2024, the stock is trading at USD 72.56 with a total of 8,891,986 shares traded.
Over the past week, the price has changed by -0.19%, over one month by -22.86%, over three months by -22.61% and over the past year by -33.33%.
What are the forecast for NKE stock price target?
According to ValueRays Forecast Model, NKE Nike will be worth about 71.7 in July 2025. The stock is currently trading at 72.56. This means that the stock has a potential downside of -1.17%.
Issuer Forecast Upside
Wallstreet Target Price 86.1 18.6
Analysts Target Price 112.6 55.2
ValueRay Target Price 71.7 -1.17

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.