EDIT: As requested in the comment section, Nike Stock Symbol is NKE
Nike Stock - Some of you may have read my Nike Financial Analysis, that I published last year. Since the Financial Analysis was written a while back, I decided that it was time to update some aspects of the Financial Analysis. I looked over it, and thought writing an article on Nike Stock Performance would be a good idea. So, here I am writing articles I promised but never seem to actually fulfill them. The Nike Stock Performance section that I wrote for the Nike Financial Analysis, had a 5 year trend along with major events that affected the price of the stock. I am not going to write on the major events that could have affected Nike's stock valuations not am I going to write another section on 5 year analysis of Nike Stock. Instead, I am just going to focus on Nike's Stock for the year to date, and for the course of the year, even though they might overlap with the Nike Stock Performance Section of the Financial Analysis. If you have any questions or doubts or would like further info, I would strongly urge you to check out the Financial Analysis article, as it covers a lot of information in-depth. The Financial Analysis article has Nike History - how it got started, its swish logo, its creators, and when it became a public company; Nike Corporate Structure - what business operations make Nike Inc, its international operations and divisions, and its markets or products; Nike Interest Coverage Ratio, Average Leverage Ratio, Nike Bond Rating, Nike Dividend Policy, and Nike Stock Performance.
The stock performance I am doing for Nike Inc is over the weekend, so the stock market isn't exactly open right now, but nonetheless it really doesn't make any difference - I just wanted to point out that fact. Nike Inc shares seem to be doing pretty good since the last time I did the Financial Analysis. Nike Inc stock closed at $106.30 on February 16, and the stock was last trading in after hours at $107.50 at 5:11 PM ET on February 16. The stock was up $1.20 in after hours, or 1.13%. 5 days back, that is from February 16, the stock moved from around $103 on February 9 to current $107. You can say that the modest increase in Nike stock price was due to declaration of dividends by Nike of $0.37 and Nike also announced that it was going to have 2-for-1 stock split. I thought that companies stock usually get suppressed when a corporation announces stock-splits but it doesn't appear to have affected the stock price in a negative way for the moment. Nike stock price would probably decline once the stock split is complete, and Nike stock price would go to its new price. As explained in our Stock Dividends article, corporations usually have stock-splits when they feel that the high stock price of their company is making it less attractive to new investors. A lower stock price would entice new investors, and spur the demand for Nike thus making Nike Stock Price climb again. Also, it is possible that Nike Management thinks that the stock price of $107 does not reflect "real" value of the company and that the price may be inflated, as such the reason for the declaration of stock split.
Currently, Nike Inc is usually traded on average 1.79 million times daily. Nike Inc has a market capital of $26.79 billion, with its Earnings Per Share estimated to be $5.28. Nike has a beta of 0.57, now this means that Nike stock is quite stable to volatility in regards to the stock market. In its 52 weeks of trading, Nike reached a high of $107.51, and a low of $75.52. Nike started the year on January 3rd at $97.67, and had a good drop on January 26th when the stock dropped to years lowest for $95.20. Nike Stock has been steadily increasing since then.
Nike Inc competes in the Footwear industry, with Consumer Cyclical being the broader sector. Some of the related companies or competitors of Nike Inc include Adidas, Deckers Outdoor Corporation, The Stride Rite Corp, Quiksilver Inc, Skechers USA, K-Swicc Inc, Steven Madden, Everlast Worldwide, Callaway Golf Company, and Under Armour Inc. Compared to its Competitors, Nike Inc stock performed decently. Among the chief competitors Quiksilver, K-Swiss, and Skechers Nike Inc stock performed quite decently. Nike Inc stock saw a rise of 7.41% for the year to date, while Skechers (SKX), saw its stock surge by 7.41% for the year to date. K-Swiss Inc provided the best returns, with its stock price surging 10.76% for the year. Quiksilver Inc performed the worst among the competitors with its stock the only one in decline, the company's stock provided a negative return. The company's stock has been down 8.43% for the year to date.
Nike Stocks / Shares
Below is the Nike Inc Stock Performance Graph for the Year to Date along with Nike Competitors - K-Swiss, Skechers, and Quiksilver. NKE Stock Performance
KEY:
Nike Stock Price
Nike Stock Symbol NKE
Nike Stock Trend
Nike Stock Performance
As Requested in one of the comments, Below is the Stock Holder Information
Nike Major Holders
BREAKDOWN
% of Shares Held by All Insider and 5% Owners: 7%
% of Shares Held by Institutional & Mutual Fund Owners: 85%
% of Float Held by Institutional & Mutual Fund Owners: 91%
Number of Institutions Holding Shares: 755
MAJOR DIRECT HOLDERS (FORMS 3 & 4)
Holder Shares Reported
PARKER MARK G 186,070 20-Jul-08
HOUSER DOUGLAS G 155,374 16-Apr-07
DENUNZIO RALPH D 151,800 31-Oct-08
DENSON CHARLES D 67,819 26-Sep-08
MCLAUGHLIN P EUNAN 40,126 29-Oct-07
TOP INSTITUTIONAL HOLDERS
Holder Shares % Out Value* Reported
Cardinal Fund I, L.P. 25,536,262 6.58 $1,708,375,927 30-Sep-08
FMR LLC 21,239,310 5.47 $1,420,909,839 30-Sep-08
MASSACHUSETTS FINANCIAL SERVICES CO - OTHER 17,481,376 4.51 $1,169,504,054 30-Sep-08
Barclays Global Investors UK Holdings Ltd 12,966,663 3.34 $867,469,754 30-Sep-08
STATE STREET CORPORATION 12,085,862 3.11 $808,544,167 30-Sep-08
VANGUARD GROUP, INC. (THE) 11,851,224 3.05 $792,846,885 30-Sep-08
Calamos Advisors LLC 10,920,056 2.81 $730,551,746 30-Sep-08
JANUS CAPITAL MANAGEMENT, LLC 10,296,769 2.65 $688,853,846 30-Sep-08
BERKSHIRE HATHAWAY, INC 7,641,000 1.97 $511,182,900 30-Sep-08
JENNISON ASSOCIATES LLC 7,466,261 1.92 $499,492,860 30-Sep-08
TOP MUTUAL FUND HOLDERS
Holder Shares % Out Value* Reported
FIDELITY CONTRAFUND INC 9,041,100 2.33 $481,438,575 30-Nov-08
CALAMOS GROWTH FUND 5,458,120 1.41 $314,551,455 31-Oct-08
GROWTH FUND OF AMERICA INC 4,700,000 1.21 $314,430,000 30-Sep-08
VANGUARD 500 INDEX FUND 3,750,168 .97 $250,886,239 30-Sep-08
FIDELITY MAGELLAN FUND INC 3,597,000 .93 $191,540,250 30-Nov-08
SPDR TRUST SERIES 1 3,584,112 .92 $239,777,092 30-Sep-08
EATON VANCE TAX-MANAGED GROWTH PORTFOLIO 3,058,444 .79 $204,609,903 30-Sep-08
CGM FOCUS FUND 2,900,000 .75 $194,010,000 30-Sep-08
VANGUARD TOTAL STOCK MARKET INDEX FUND 2,858,613 .74 $191,241,209 30-Sep-08
FIDELITY ADVISOR NEW INSIGHTS FUND 2,564,900 .66 $136,580,925 30-Nov-08
Related Nike Stock Articles
What do the other colors on the chart mean, besides the blue color?
The Orange one is For Skechers, The Green one is for K-Swiss and Red one is for QuickSilver Inc.
You couldn't have shortened it?
I was wondering what nikes stock symbol was i need it for a school report i was wondering if you could post it on this website thank you very much
Sincerly,
Nike stock symbol seeker *
I was doing a report on Nike's corporate responsibility and i need some background info such as who are the major stock holders and where is the stock traded at. Any help would be apperciated.
Thanks