If you’re an investor looking to diversify your portfolio or a fashionista who wants to keep tabs on the brand they love, knowing how much Nike stock costs is essential. In this article, we’ll explore the history of Nike stock, the current market price, and what factors influence the cost of the company’s shares. We’ll also provide insights into how you can get started investing in Nike stock. So let’s dive in and find out how much Nike stock costs right now.
As of June 26, 2020, Nike Inc. (NKE) stock is trading at around $93.63. It is up 14.2% since the beginning of the year and up 3.5% in the past month. Its 52-week range is $62.10 – $104.94.
What is Nike Stock?
Nike, Inc. is an American multinational corporation headquartered in Oregon. It is one of the world’s leading suppliers of athletic shoes, apparel and sports equipment, and its shares are traded on the New York Stock Exchange (NYSE) under the trading symbol NKE.
How Much is Nike Stock?
Nike’s stock price is determined by market forces, such as the price of its products, the performance of its competitors, and the health of the global economy. As of April 2021, Nike’s stock is trading at $137.68 per share, with a market capitalization of $170.3 billion.
Factors Affecting Nike’s Stock Price
Nike’s stock price is affected by a variety of factors, including:
- Product demand – Nike’s stock price is largely driven by the demand for its products. If the company’s products are popular, the stock price will rise. Conversely, if demand for its products is low, its stock price will fall.
- Competitor performance – Nike’s stock price is also influenced by the performance of its competitors. If competitors are performing well, Nike’s stock price may be affected.
- Global economic conditions – The global economy also has a significant impact on Nike’s stock price. If the global economy is doing well, the stock price may rise. Conversely, if the economy is weak, the stock may fall.
- Earnings – Nike’s stock price is also affected by its earnings. If the company reports strong earnings, its stock price may rise. Conversely, if the company reports weak earnings, the stock price may fall.
- News – News about the company can also affect Nike’s stock price. If the news is positive, the stock price may rise. Conversely, if the news is negative, the stock price may fall.
Investing in Nike Stock
If you are interested in investing in Nike, you can buy and sell the company’s shares on the New York Stock Exchange (NYSE). Before investing, it is important to research the company and understand the factors that can affect its stock price.
Top 6 Frequently Asked Questions
What is the Current Price of Nike Stock?
As of August 11th 2020, the current price of Nike stock is $128.17 USD per share.
How has Nike Stock Performance Changed Over Time?
Nike stock has been on an impressive tear over the last five years. From August 2015 to August 2020, the stock has increased by roughly 138%. This is due to strong fundamentals and strong financial performance.
What Factors Influence Nike Stock Price?
Nike stock is influenced by a range of factors, including macroeconomic conditions, the company’s financial performance, its competitive position, and any changes in the industry. Additionally, news and developments concerning the company, such as product releases, new partnerships, and changes in management, can affect the stock price.
Who are Nike’s Major Competitors?
Nike’s major competitors include Adidas, Puma, Under Armour, and Skechers. These companies are all competing in the global athletic wear and footwear market, and each of them has their own strengths and weaknesses.
What is the Dividend Yield for Nike Stock?
Nike’s dividend yield is currently 0.76%, which is below the industry average of 1.22%. This reflects the company’s focus on reinvesting profits back into the business in order to drive future growth.
How Can I Invest in Nike Stock?
Investing in Nike stock can be done through a broker or online trading platform. You can buy and sell individual shares of Nike stock, as well as fractional shares. You will need to open an account and fund it with money in order to buy the stock. Once your account is funded, you can place a buy order for Nike stock.
Nike Stock is a great investment option for any investor looking to diversify their portfolio. With a wide range of styles and sizes, Nike offers a variety of products that can be used to build a successful portfolio. With the potential for long-term growth and an impressive dividend yield, Nike Stock is a great choice for any investor looking for a safe and reliable stock option. Investing in Nike Stock is a smart move for those who want to maximize their returns and make an impact on the world.
