Q1 Earnings Forecast for NIKE Issued By KeyCorp (NYSE:NKE)

NIKE, Inc. (NYSE:NKE) – Analysts at KeyCorp issued their Q1 2027 earnings per share estimates for NIKE in a research report issued on Thursday, June 25th. KeyCorp analyst A. Owens expects that the footwear maker will post earnings of $0.46 per share for the quarter. The consensus estimate for NIKE’s current full-year earnings is $1.49 per share. KeyCorp also issued estimates for NIKE’s Q2 2027 earnings at $0.59 EPS, Q3 2027 earnings at $0.44 EPS and Q4 2027 earnings at $0.26 EPS.

Several other equities analysts also recently commented on NKE. BNP Paribas Exane reissued an “underperform” rating on shares of NIKE in a report on Tuesday, June 23rd. DA Davidson downgraded shares of NIKE from a “buy” rating to a “neutral” rating and reduced their price target for the company from $72.00 to $46.00 in a report on Thursday, April 2nd. Barclays decreased their price target on shares of NIKE from $73.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Zacks Research downgraded shares of NIKE from a “hold” rating to a “strong sell” rating in a report on Monday, June 1st. Finally, Telsey Advisory Group cut their price objective on NIKE from $65.00 to $55.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, NIKE currently has a consensus rating of “Hold” and an average price target of $59.01.

NIKE Stock Up 0.0%

NYSE NKE opened at $40.76 on Monday. The stock’s 50 day moving average is $44.19 and its 200 day moving average is $53.89. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. NIKE has a 12 month low of $40.00 and a 12 month high of $80.17. The stock has a market cap of $60.36 billion, a PE ratio of 26.99, a P/E/G ratio of 1.77 and a beta of 1.12.

NIKE (NYSE:NKE) last released its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The firm had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.23 billion. During the same quarter in the prior year, the company posted $0.54 earnings per share. The business’s quarterly revenue was up .1% compared to the same quarter last year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.0%. NIKE’s dividend payout ratio (DPR) is 108.61%.

Insider Buying and Selling

In other NIKE news, EVP Philip Mccartney sold 17,398 shares of NIKE stock in a transaction on Friday, June 12th. The shares were sold at an average price of $46.18, for a total value of $803,439.64. Following the completion of the transaction, the executive vice president directly owned 53,133 shares of the company’s stock, valued at $2,453,681.94. This trade represents a 24.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Timothy D. Cook bought 25,000 shares of NIKE stock in a transaction dated Friday, April 10th. The stock was acquired at an average price of $42.43 per share, for a total transaction of $1,060,750.00. Following the completion of the acquisition, the director owned 130,480 shares in the company, valued at approximately $5,536,266.40. The trade was a 23.70% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 64,441 shares of company stock valued at $2,734,204 in the last three months. Corporate insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in NKE. Westerkirk Capital Inc. boosted its position in shares of NIKE by 52.4% during the fourth quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock valued at $8,360,000 after buying an additional 45,100 shares during the period. Mizuho Markets Cayman LP purchased a new stake in shares of NIKE in the third quarter worth approximately $34,200,000. OMERS ADMINISTRATION Corp raised its holdings in shares of NIKE by 77.9% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 2,526,179 shares of the footwear maker’s stock worth $160,943,000 after buying an additional 1,106,499 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in shares of NIKE during the 4th quarter worth approximately $43,188,000. Finally, Strive Asset Management LLC bought a new stake in shares of NIKE during the 3rd quarter worth approximately $1,743,000. Institutional investors own 64.25% of the company’s stock.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Oppenheimer lowered its price target to $60 but kept an outperform rating, signaling some analysts still see meaningful upside from current levels. Oppenheimer target update
• Positive Sentiment: Investors are also watching for any improvement from NIKE’s “Win Now” turnaround strategy and upcoming guidance, which could help support sentiment if management shows clearer progress. Nike fiscal Q4 preview
• Neutral Sentiment: NIKE is expected to report results after Tuesday’s close, and traders are bracing for a potentially large post-earnings move as attention centers on revenue trends, margins, and forward guidance. Investopedia earnings move preview
• Neutral Sentiment: Wall Street is closely focused on the new CFO transition, with investors waiting to see whether leadership changes help or hurt execution in the near term. Nike shares in focus as company names new CFO
• Negative Sentiment: KeyBanc turned more cautious, saying NIKE’s recovery is taking longer than expected amid slower turnaround progress and stronger competition from rivals. KeyBanc downgrade
• Negative Sentiment: Other coverage points to a “soft” quarter, with pressure from China weakness, tariffs, promotions, and operational uncertainty weighing on expectations ahead of earnings. Nike likely to report soft quarterly results
• Negative Sentiment: Stifel and Deutsche Bank also cut price targets, reinforcing a more cautious Street view before the report. Stifel target cut Deutsche Bank target cut

About NIKE

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).