–(BUSINESS WIRE)– NIKE, Inc. (NYSE: NKE) plans to release its fourth quarter fiscal 2022 financial results on Monday, June 27, 2022, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc.
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What time will NIKE Report Earnings?
NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 27, 2022, to review fiscal fourth quarter and full year results. The conference call will be broadcast live via the Internet and can be accessed at http://investors.nike.com.
How is Nike doing financially 2022?
Nike has revealed revenue of US$46.7 billion for the 2022 financial year, up five per cent year-over-year (YoY). The US sportswear giant’s net income for fiscal 2022 was US$6 billion, a rise of six per cent YoY. Broken down, revenue for the Nike brand was US$44.4 billion, up five per cent YoY.
Is Nike a good stock to buy?
As of October 12, 2021, Nike Inc had a $237.9 billion market capitalization, compared to the Footwear median of $4889.7 billion, Nike Inc’s stock is up 9.6% in 2021, up 4.2% in the previous five trading days and up 18.5% in the past year. Currently, Nike Inc’s price-earnings ratio is 40.7.
What is the expected rate of return on Nike stock?
Analysis. NIKE’s 1 year price total return is -31.8%.
Does NIKE pay a dividend?
From its 1985 to 2019 after adjusting for its stock splits, Nike paid out quarterly dividends ranging from 0.5 cents per share in 1985 to 88 cents per share in 2019. Over the past three years, Nike’s dividend has increased by an average of 15.8% per year.
How is NIKE doing financially?
Revenues for NIKE, Inc. increased 5 percent to $10.9 billion compared to the prior year and were up 8 percent on a currency-neutral basis. Revenues for the NIKE Brand were $10.3 billion, up 8 percent compared to prior year on a currency-neutral basis, led by 13 percent growth in EMEA.
Does Nike own goodwill?
NIKE goodwill and intangible assets for 2021 were $0.511B, a 2.82% increase from 2020. NIKE goodwill and intangible assets for 2020 were $0.497B, a 13.73% increase from 2019.
Compare NKE With Other Stocks.
| NIKE Annual Goodwill and Intangible Assets (Millions of US $) | |
|---|---|
| 2020 | $497 |
| 2019 | $437 |
| 2018 | $439 |
| 2017 | $422 |
Who is Nike owned by?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
Where does Nike sell the most?
the United States
Although sales in non-U.S. markets have grown considerably over the years, Nike’s core market remains the United States, as approximately 40 percent of the company’s global revenue was made in this country alone.
Is Nike a hold or sell?
NIKE has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 20 buy ratings, 10 hold ratings, and no sell ratings.
Who is Nike biggest competitor?
Adidas
Adidas. With annual revenue of $22.12 billion, Adidas is the biggest competitor of Nike. The brand actively serves across 55 countries via more than 2500 stores worldwide. Founded in 1924 by Adolf Dassler and Rudolf Dassler, the brand is the largest sportswear manufacturer in Europe and the second-largest globally.
Will Nike stock go up?
The 28 analysts offering 12-month price forecasts for Nike Inc have a median target of 130.00, with a high estimate of 185.00 and a low estimate of 100.00. The median estimate represents a +12.07% increase from the last price of 116.00.
How Much Will Nike stock be worth in 5 years?
Based on our forecasts, a long-term increase is expected, the “NKE” stock price prognosis for 2027-08-13 is 215.734 USD. With a 5-year investment, the revenue is expected to be around +82.73%. Your current $100 investment may be up to $182.73 in 2027.
What is Nike target price?
Stock Price Target NKE
| High | $185.00 |
|---|---|
| Median | $130.00 |
| Low | $100.00 |
| Average | $131.71 |
| Current Price | $118.06 |
What is Nike’s risk free rate?
2.37000000%
It is updated daily. The current risk-free rate is 2.37000000%.
How many times has Nike stock split?
According to our Nike stock split history records, Nike has had 6 splits. To make the “Dividend Channel S.A.F.E.
Which stock has the highest dividend?
9 highest dividend-paying stocks in the S&P 500:
- Altria Group Inc. (MO)
- Pioneer Natural Resources Co. (PXD)
- Vornado Realty Trust (VNO)
- Simon Property Group Inc. (SPG)
- Oneok Inc. (OKE)
- Devon Energy Corp. (DVN)
- Kinder Morgan Inc. (KMI)
- AT&T Inc. (T)
During the day the price has varied from a low of $115.81 to a high of $118.47. The latest price was $118.06 (25 minute delay). Nike is listed on the NYSE and employs 79,100 staff. All prices are listed in US Dollars.
Nike shares at a glance.
| Open | $115.94 |
|---|---|
| High | $118.47 |
| Low | $115.81 |
| Close | $118.06 |
| Previous close | $116.32 |
Is Nike a stable stock?
The Bottom Line. Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. But there is no risk-free stock—not even Nike.
Is Nike a good long term investment?
Nike is a stock you’ll want to buy and hold for the long term. The shares probably won’t gain overnight. But Nike’s earnings prospects look positive. These potentially strong earnings are likely to push the stock higher over time as they did in the past.