NIKE (NYSE:NKE) Announces FY 2027 Earnings Guidance

NIKE (NYSE:NKE) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 1.150-1.350 for the period, compared to the consensus earnings per share estimate of 1.660. The company issued revenue guidance of -.

NIKE Trading Down 1.0%

Shares of NIKE stock traded down $0.35 during trading on Thursday, hitting $35.05. The company’s stock had a trading volume of 83,947,967 shares, compared to its average volume of 23,248,330. The stock has a market cap of $51.99 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of 2.02 and a beta of 1.10. NIKE has a 52 week low of $35.02 and a 52 week high of $76.97. The stock has a 50-day moving average price of $39.16 and a two-hundred day moving average price of $43.07. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36.

NIKE (NYSE:NKE) last announced its earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.04. NIKE had a return on equity of 16.54% and a net margin of 6.70%.NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. Equities research analysts anticipate that NIKE will post 1.64 EPS for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s payout ratio is currently 78.47%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on NKE shares. Telsey Advisory Group set a $44.00 price target on shares of NIKE and gave the stock a “market perform” rating in a research report on Tuesday, September 15th. Argus raised shares of NIKE to a “strong-buy” rating in a research note on Wednesday, July 15th. Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a research report on Tuesday. Berenberg Bank set a $49.00 price target on NIKE and gave the stock a “hold” rating in a report on Friday, July 3rd. Finally, Zacks Research raised NIKE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twenty-one have assigned a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $46.62.

Insider Activity at NIKE

In other NIKE news, insider Amy Montagne sold 4,867 shares of NIKE stock in a transaction on Friday, August 7th. The shares were sold at an average price of $42.05, for a total value of $204,657.35. Following the completion of the sale, the insider directly owned 57,436 shares of the company’s stock, valued at approximately $2,415,183.80. The trade was a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total transaction of $137,992.89. Following the transaction, the chief operating officer owned 104,862 shares in the company, valued at $3,941,762.58. This represents a 3.38% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 14,974 shares of company stock worth $600,126 over the last quarter. 1.10% of the stock is currently owned by insiders.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Nike’s new Caitlin Clark signature shoe, the Caitlin 1, was nearly sold out less than two hours after launch at a $140 retail price. The strong debut could support demand, brand engagement and Nike’s strategy of building momentum through key athlete partnerships. Nike’s new Caitlin Clark shoes are already almost sold out
• Positive Sentiment: Record short interest—estimated at roughly 87 million shares—creates the possibility of a sharp short-covering rally if Nike delivers an earnings beat or offers more encouraging guidance. NKE Ticks Higher Ahead Of Q1 As Short Interest Hits Record 87M Shares
• Neutral Sentiment: Nike is giving its China business greater control over product decisions and distribution as it attempts to respond more quickly to local competitors. The move could improve execution, but it also highlights the severity of Nike’s falling China sales and competitive challenges. Nike Lost China to Local Brands, Now It’s Trying to Think Like One
• Negative Sentiment: Analysts expect another quarter of declining sales, with consensus estimates of approximately $0.44 in earnings per share and $11.34 billion in revenue. Investors are also watching for conservative guidance, as Nike previously indicated that sales could be flat during the first half of the fiscal year. Nike is set to report earnings after the bell
• Negative Sentiment: Bank of America warned that weak demand, margin pressure and a slower-than-expected recovery could push NKE lower, while other analysts have reduced price targets ahead of the report. Options markets imply substantial post-earnings volatility, with traders preparing for a potential move toward a 13-year low. Why Bank of America Is Betting That Nike Stock Will Fall from Here

About NIKE

NIKE, Inc is a global sportswear company that designs, develops, markets and sells athletic footwear, apparel, equipment, accessories and related services. Its products are marketed under the NIKE, Jordan and Converse brands and are used across a broad range of sports and lifestyle activities, including running, basketball, football, training and outdoor pursuits.

The company distributes its products through a combination of wholesale partners, NIKE-owned retail stores and digital platforms.