Nike stock isn’t likely to split in 2020. Announces 12 Percent Increase In Quarterly Dividend $NKE. Please see the … As of 7:40 a.m. Nike expects sales to rise to high single digits next year, with demand picking up in the second half of 2021. Stock Details. As of today, the current price of Nike is 145.09 , as last reported on the 18th of February 2021, with the highest price reaching 145.37 and the lowest price hitting 141.21 during the day. Fed Systems Begin Coming Back Online After Major Service Outages. Nike’s digital sales rose 82% last quarter, even as many of its stores reopened. The stock is trading 0.2 percent below its 52-week high of $140.74 and 134.2 percent above its 52-week low of $60. Nike’s latest results mark a sharp rebound from its previous earnings report a quarter earlier. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Even as many of its stores were reopened, Nike saw digital sales jump 82% last quarter, as record numbers of customers turned to its website and app to shop for sneakers and workout apparel. The highest target price of $185 is 31.7 percent above the stock's current price, while the lowest target price of $117 is 16.7 percent below the stock's current price. “The accelerated consumer shift toward digital is here to stay,” Nike CEO John Donahoe said in the company’s press release. The consumer today is digitally grounded and simply will not revert back,” Donahoe said during the company’s earnings call. Here’s A Closer Look. Nike has also benefited from a shift toward active and healthy lifestyles. After the split, there will be 353 million Class A … CY 2020 Stimulus Bill Before Election Day? Apple will split its stock for the fifth time ever later this month. The Oregon-headquartered athletic shoe and clothing company said Thursday both classes of its stock will split on December 24 and it expects its common stock to begin trading at the split-adjusted price on December 26. Previously, I worked on the breaking news team at Forbes covering money and markets. Nike, Inc. - Class B () Stock Market info Recommendations: Buy or sell Nike, Inc. - Class B stock? We couldn't find any results. Source: Nike. View this information for the company or symbol Find Symbol. Looking ahead, Nike issued optimistic guidance for the rest of fiscal year in 2021, at a time when many of its rivals are avoiding forecasts altogether. Nike stock has climbed nearly 18% in 2020, and is bumping up against new all-time highs ahead of its fiscal first-quarter earnings report, due next week. Before the coronavirus crisis hit, Nike was aiming to have its e-commerce sales make up 30% of total revenue by 2023, but the company has already surpassed that, now on track to break 50% in coming years. Nike stock isn’t likely to split in 2020. The first split for NKE took place on October 08, 1990. Calendars: Schedules of economic releases, broker ratings, stock splits, IPOs, upcoming earnings, company guidance, and conference calls. In the second quarter, Wall Street analysts expect Nike to post sales of $10.6 billion, which would be 2.2 percent higher than $10.3 billion in sales in the second quarter of fiscal 2020. Crucial Quote ET The company’s digital sales are growing rapidly. Nike (NKE) has 6 splits in our Nike stock split history database. At the end of June, hurt by the temporary closure of stores during the pandemic, Nike posted an unexpected loss of $790 million—with revenue falling 38% from the year before.
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