Zacks Research Comments on NIKE’s Q2 Earnings (NYSE:NKE)

NIKE, Inc. (NYSE:NKE) – Investment analysts at Zacks Research dropped their Q2 2026 earnings per share estimates for shares of NIKE in a research note issued to investors on Thursday, April 3rd. Zacks Research analyst R. Lohia now forecasts that the footwear maker will post earnings of $0.59 per share for the quarter, down from their previous forecast of $0.75. The consensus estimate for NIKE’s current full-year earnings is $2.05 per share. Zacks Research also issued estimates for NIKE’s Q2 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.41 EPS, Q1 2027 earnings at $0.66 EPS, Q1 2027 earnings at $0.66 EPS, Q2 2027 earnings at $0.85 EPS, Q2 2027 earnings at $0.85 EPS, FY2027 earnings at $2.70 EPS and FY2027 earnings at $2.70 EPS.

NKE has been the subject of several other research reports. China Renaissance started coverage on NIKE in a research report on Wednesday, March 19th. They set a “hold” rating for the company. Deutsche Bank Aktiengesellschaft cut their target price on shares of NIKE from $92.00 to $82.00 and set a “buy” rating for the company in a research note on Monday, December 16th. Bank of America reduced their target price on shares of NIKE from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, December 20th. Truist Financial lowered their price target on shares of NIKE from $90.00 to $82.00 and set a “buy” rating for the company in a report on Friday, March 21st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $75.00 target price on shares of NIKE in a research note on Friday. Fifteen research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.38.

NIKE Trading Up 2.9 %

Shares of NIKE stock opened at $57.17 on Friday. NIKE has a 1 year low of $52.50 and a 1 year high of $98.04. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.22 and a quick ratio of 1.51. The business has a 50 day moving average price of $72.96 and a 200 day moving average price of $76.30. The company has a market capitalization of $84.57 billion, a P/E ratio of 17.65, a P/E/G ratio of 2.52 and a beta of 1.02.

NIKE (NYSE:NKE) last announced its earnings results on Thursday, March 20th. The footwear maker reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.26. The company had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $11.02 billion. NIKE had a net margin of 9.98% and a return on equity of 36.99%. The firm’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.98 earnings per share.

Institutional Investors Weigh In On NIKE

Large investors have recently added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new stake in shares of NIKE during the fourth quarter valued at about $28,000. Caitlin John LLC increased its holdings in NIKE by 117.0% during the 4th quarter. Caitlin John LLC now owns 371 shares of the footwear maker’s stock worth $28,000 after purchasing an additional 200 shares during the last quarter. Roxbury Financial LLC acquired a new position in shares of NIKE in the 4th quarter valued at approximately $30,000. LFA Lugano Financial Advisors SA boosted its stake in shares of NIKE by 110.5% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 400 shares of the footwear maker’s stock valued at $30,000 after buying an additional 210 shares during the last quarter. Finally, Hopwood Financial Services Inc. bought a new stake in shares of NIKE in the fourth quarter worth $30,000. 64.25% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Chairman Mark G. Parker sold 169,732 shares of NIKE stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $72.83, for a total transaction of $12,361,581.56. Following the sale, the chairman now owns 896,632 shares in the company, valued at $65,301,708.56. This trade represents a 15.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by insiders.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend was Monday, March 3rd. NIKE’s dividend payout ratio (DPR) is presently 53.16%.

About NIKE

NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.