If you’re a savvy investor looking to get a piece of the world’s most iconic sports brand, Nike, then you’re probably wondering how much their shares cost. In this article, we’ll explore the current market value of Nike’s common stock, and why investing in Nike could be a smart decision. So, if you’ve been considering investing in Nike, you’ll want to read on to find out more.
The current share price of Nike is $130.84 (as of October 28, 2020). Nike is a publicly traded company listed on the New York Stock Exchange (NYSE). The stock has a 52-week low of $76.01 and a 52-week high of $134.50.
How Much Are Nike Shares?
Nike is a leading global brand in the sports and apparel industry. The company is one of the most valuable publicly traded companies in the world, with shares traded on the New York Stock Exchange (NYSE). Nike stock has been on a consistent upward trend in recent years, making it an attractive investment option for many investors.
Current Price of Nike Shares
As of May 2021, Nike’s stock was trading at around $142 per share. This is an increase of over 50% from the stock’s price in 2020, when it was trading at around $90 per share. The company’s market capitalization is currently over $200 billion, making it one of the most valuable publicly traded companies in the world.
Factors Affecting Nike Share Price
The stock price of Nike is largely determined by several factors, including the company’s overall financial performance, the performance of the global sports and apparel industry, and investor sentiment.
Nike’s financial performance is a major factor in its stock price. The company has reported strong quarterly results in recent years, with revenues and profits consistently increasing. Nike also recently announced a $15 billion share repurchase program, which is expected to increase the value of its shares.
The performance of the global sports and apparel industry is another factor that affects Nike’s share price. The industry is expected to grow in the coming years, and Nike is well-positioned to benefit from this growth.
Finally, investor sentiment is another factor that affects Nike’s share price. Investors can be optimistic or pessimistic about the stock, and their sentiment can cause the share price to move up or down.
Should You Invest in Nike Shares?
Nike is one of the most valuable publicly traded companies in the world, and its stock has been consistently trending upwards in recent years. However, it is important to remember that investing in stocks is a risky endeavor, and investors should do their own research before making any investment decisions.
Related FAQ
Q1. What is the stock symbol for Nike?
Answer: The stock symbol for Nike is NKE. Nike is a publicly traded company on the New York Stock Exchange (NYSE). Nike’s stock has been listed under the NKE symbol since 1980 when the company went public.
Q2. How much are Nike shares currently worth?
Answer: As of April 2020, Nike (NKE) is trading at $90.14 per share. This is higher than it was at the beginning of the year when the stock was trading at around $83 per share.
Q3. What is Nike’s market capitalization?
Answer: Nike’s market capitalization is currently around $143.9 billion. This is up from around $130 billion at the beginning of the year. Market capitalization is calculated by multiplying the number of shares outstanding by the current price per share.
Q4. What is the dividend yield of Nike stock?
Answer: The dividend yield of Nike (NKE) is currently 1.37%. This is up from 1.03% at the beginning of the year. The dividend yield is calculated by dividing the annual dividend per share by the current price per share.
Q5. What is the 52-week high and low for Nike stock?
Answer: The 52-week high for Nike (NKE) is currently $94.20. The 52-week low is $65.25. This means that the stock has increased in value by over 40% since its 52-week low in August 2019.
Q6. What are the analyst recommendations for Nike stock?
Answer: According to MarketBeat, the average recommendation for Nike (NKE) is currently a “Strong Buy”. This is based on the average of 19 analyst recommendations from the past year. Out of the 19 analysts, 14 gave the stock a “Strong Buy” rating, 4 gave it a “Buy” rating, and 1 gave it a “Hold” rating.
Nike shares can be a great investment for any investor looking to diversify their portfolio and capitalize on the success of one of the world’s leading athletic companies. With the right research, investors can determine how much Nike shares are worth and make an informed decision about how much to invest in them. Investing in Nike shares can be a rewarding experience and lead to a prosperous financial future.
