Nike Stock Price Today NYSE: NKE Quote, Market Cap, Chart
If Nike stock was still traded at a price of $5.76 on January 2nd, 2003, it had nearly doubled its value by January 3rd, 2005, when its closing price was $11.34. Since 2004, the company began increasing the dividend on an annual basis. Ten years later, on How to buy ern January 5th, 2015, Nike stock price reached $46.75.
NKE highest yielding bonds
This mostly applies to the sneaker market, but Nike losing its cool factor in one area of its business can seep into others. Nike, the perennially “cool” brand has a stock price that depends on it. NIKE, Inc. sells athletic footwear, apparel, equipment, and accessories in the U.S. and internationally. NIKE was founded in 1964 and is headquartered in Beaverton, OR. According to 34 analysts, the average rating for NKE stock is “Buy.” The 12-month stock price forecast is $97.41, which is an increase of 25.85% from the latest price. Nike (NKE) shares gain after Needham analysts initiate coverage of the stock with a Buy rating citing the potential gains driven by the leadership change.
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Nike (NKE) and PDD Holdings (PDD)
Julie Hyman and Madison Mills outline the analyst comments and how sentiment about Nike has shifted under its new CEO Elliott Hill’s leadership. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. In November 2015 Nike announced it was increasing its dividend by 14%, and that its board had also approved a $12 billion share repurchase program and a two-for-one stock split. On June 14th, 2017, NIKE’s stock price was at $54.66 before falling sharply to $51.10 by the end of the trading day on June 16th. This decline was followed by a rally resulting in a closing price of $60.14 on August 3rd. The stock remained at a high level for some weeks, but fell again sharply to bottom out at $51.07 on October 13th.
NKE with a Buy rating and a price forecast of $84. On December 3rd, 1990, Nike stock price closed at $1.10. Nike stock price had increased by 511% in a decade. The stock continued to perform well into the 1990s. By the end of 1994, the stock hit $2.33 and by December 1995, the stock had gone as high as $4.35.
- Discover which analysts rank highest for NKE overall weighted by direction, price target, and price movement.
- On June 14th, 2017, NIKE’s stock price was at $54.66 before falling sharply to $51.10 by the end of the trading day on June 16th.
- NKE with a Buy rating and a price forecast of $84.
- On November 15th, Nike stock price closed at a price of $56.63.
- The current trend, however, is clearly pointing upwards.
Top Analysts: NKE
These companies offer investors a variety of starting yields and span multiple sectors. Nike’s share price has fallen significantly due to slower growth, but its strong fundamentals and the return of a A Random Walk Down Wall Street former CEO make it a buy. Despite recent revenue misses, Nike’s robust free cash flow … AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem… Needham analyst Tom Nikic initiated Nike, Inc.
In just one year’s time, the stock’s value had increased by 87%. Select to analyze alpari review similar companies using key performance metrics; select up to 4 stocks. Nike and Kohl’s are still No. 1 choices among consumers for athletic footwear and department stores, according to a consumer sentiment study released by consulting firm AlixPartners.
It was on February 13th, 1997, when Nike stock price reached its then peak of $9.47. During the next 12 months, Nike stock price went through a tough period. Nike hit a stock price of $5.11 on February 13th, 1998, which represented a decrease of 46% in only one year. Nevertheless, patience started to pay off for investors in the 2000s, when the success story of Nike stock price regained momentum.
The growth rate of 312% within a decade tells the outstanding performance of NIKE’s stock in the 21st century. NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. Nike`s grip on the market comes down to a simple supply and demand formula, Josh Luber, CEO of sneaker reselling site StockX previously told Jefferies.
