Nike Inc Share Price

Diversify into US stocks and ETFs | Open your Account Online | Invest in the biggest brands in the world | Begin your investment with as low as $1 Invest Now

Nike Share Price: A Brief Overview

The Nike stock price today, as on June 19, 2023 (IST), is $113.59. Nike shares were traded at this price before the closing of the trading in the USA on June 16, 2023. While the Nike share price’s previous close was at $112.41, the trading opened on June 16, 2023, at $114.00.

The prices of the stock rose by $1.18, i.e., an increase of 1.05%, during trading on the previous day. If you analyse the historical trend of the Nike stock price for the last year, you will find that the prices have soared by over 6%.

With market capitalisation of $174.58 Billion and with over 14 million shares in circulation, Nike Inc is the world’s largest athletic apparel brand. It could be a smart choice for you if you wish to gain high returns in the long term.

Fundamentals of Nike Inc.

PE Ratio	31.56
Market Capitalisation	$168.3 Billion
Earnings Per Share (EPS)	3.47
Book Value	$9.44
Dividend Yield	1.24%
Dividend Share	1.29

**Disclaimer: The data mentioned above is recorded as of June 19, 2023 and are subject to change.

Financial Overview of Nike Inc

When investing in any stock, it is crucial to consider the financial statement of a company to get needed insight into its financial health. A careful reading of a company’s financials can help you predict the performance of any stocks in the future.

Thus, being aware of the company’s financial health is key before you invest in Nike stocks. In the third quarter of the fiscal year 2022-2023, which ended on Feb 28, the company generated a revenue of $12.4 Billion.

The total revenue of the company in this quarter was 19% higher as compared to the previous financial year. While Nike’s direct sales were also up by 17% to $5.3 Billion this quarter, its net income dipped by 11% to $1.2 Billion.

Moreover, the diluted EPS (Earnings Per Share) of Nike shares is $3.75, and a recurring EPS of $3.74. The Price to Earnings (PE) ratio of these stocks is 32.77.

In the last 21 years, Nike stocks have provided constantly increasing dividend payouts and returns. Last year, the company provided returns of almost $2 Billion to its shareholders, making it an attractive investment avenue.

Bajaj Markets allows you to start trading in international stocks, including those listed in the US. To start trading in Nike stocks, all you have to do is open an international trading account. Then get your KYC verified as per the rules in the US.

The entire process is simple and quick. In addition to that, you also get to enjoy the benefit of fractional investing if you find stock prices as high as $110+ unsuitable. Plan your investment and boost your future financial well-being today!

Historical Data of Nike Inc.

Years	Revenue	Profit	Net Worth
2019	$ 39.11 Billion	$ 4.02 Billion	$ 9.04 Billion
2020	$ 37.40 Billion	$ 2.53 Billion	$ 8.05 Billion
2021	$ 44.53 Billion	$ 5.72 Billion	$ 12.76 Billion
2022	$ 46.71 Billion	$ 6.04 Billion	$ 15,28 Billion
2023	$ 51.21 Billion	$ 5.07 Billion	$ 14.004 Billion

Income Statement

Years	Revenue	Net Income
FY ’18	$ 36.40 Billion	$ 1.93 Billion
FY ‘19	$ 39.12 Billion	$ 4.03 Billion
FY ‘20	$ 37.40 Billion	$ 2.54 Billion
FY ‘21	$ 44.54 Billion	$ 5.73 Billion
FY ‘22	$ 46.71 Billion	$ 6.05 Billion
FY ‘23	$ 51.22 Billion	$ 5.07 Billion

Balance Sheet

Years	Total Assets	Total Liabilities
FY ‘17	$ 22.54 Billion	$ 12.72 Billion
FY ‘18	$ 23.72 Billion	$ 14.68 Billion
FY ‘19	$ 31.34 Billion	$ 23.29 Billion
FY ‘20	$ 37.74 Billion	$ 24.97 Billion
FY ‘21	$ 40.32 Billion	$ 25.04 Billion
FY ‘22	$ 37.53 Billion	$ 23.53 Billion

Cash Flows

Years	Operating Cash Flows	Investing Cash Flow	Financing Cash Flow
FY ‘17	$ 4.96 Billion	$ 276 Million	- $ 4.83 Billion
FY ‘18	$ 5.90 Billion	- $ 264 Million	- $ 5.29 Billion
FY ‘19	$ 2.48 Billion	- $ 1.03 Billion	$ 2.49 Billion
FY ‘20	$ 6.66 Billion	- $ 3.80 Billion	- $ 1.46 Billion
FY ‘21	$ 5.19 Billion	- $ 1.52 Billion	- $ 4.84 Billion
FY ‘22	$ 5.84 Billion	$ 564 Million	- $ 7.45 Billion

Similar US Stocks
Apple Inc.	Walt Disney Company	Tesla Inc.
Dell Technologies Inc.	Amazon Inc.	Snap Inc.
Alphabet Inc.	Meta Platforms Inc.	Pinterest Inc.
Uber Technologies Inc.	Airbnb Inc

Disclaimer

The information on this page is for educational purposes only, and the data is recorded as of June 19, 2023.

Nike Inc is a multinational brand involved in designing, marketing, and distributing athletic apparel, footwear, and accessories. As the world’s largest athletic apparel company, they sell their products under the Nike and Jordan brands.

Converse, a well-known street culture lifestyle brand, also operates under Nike as its subsidiary. The company plans to sell refurbished sneakers at lower costs in the future to reduce consumer waste.

Established in 1964, this brand sponsors top-rated athletes and teams across sports and has a truly global presence. These are some of the reasons that make Nike an investable business and Nike stocks a preferred choice of investment for many.

If you are planning to invest in Nike shares to earn long-term gains, it is important to research the current Nike stock price.

To make an informed decision about buying Nike stocks, read on to find the prevailing Nike (NKE) share price as well as the financials of the company.

How to invest in Nike stocks?

To invest in Nike shares, you can open an international trading account through Bajaj Markets. You can start trading in Nike stocks once you get the account KYC verified as per the rules prevalent in the US.