NKE - How To Earn $500 A Month From Nike Stock Ahead Of Q4 Earnings | Benzinga
NIKE, Inc. (NYSE:NKE) is set to release earnings results for its fourth quarter, after the closing bell on Thursday.
Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 83 cents per share. That’s up from 66 cents per share in the year-ago period.
Nike will post revenue of $12.85 billion for the quarter, compared to $12.82 billion a year earlier, according to data from Benzinga Pro.
On June 21, Oppenheimer analyst Brian Nagel upgraded Nike from Perform to Outperform and raised the price target from $110 to $120.
With the recent buzz around Nike, some investors may be eyeing potential gains from the company's dividends, too. Nike currently offers an annual dividend yield of 1.57%. That’s a quarterly dividend amount of 37 cents per share ($1.48 a ...