NIKENYSE: NKE

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) is set to announce its financial results for the second quarter of fiscal 2025 on Thursday, December 19, 2024, around 1:15 p.m. PT, after the stock market closes. After the announcement, NIKE, Inc. management will hold a conference call at 2:00 p.m. PT to discuss the results, which will be available to listen to live online at https://investors.nike.com/.

Bill Ackman is investing heavily in Nike shares. Here are three important points that investors should be aware of.

Nike (NKE) finished the last trading day at $73.91, which is a decrease of 1.31% compared to the day before.

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) has announced that its Board of Directors will pay a quarterly cash dividend of $0.40 per share on its Class A and Class B Common Stock. This payment will be made on January 2, 2025, to shareholders who are on record by the end of business on December 2, 2024. This new dividend reflects an 8 percent increase from the previous rate of $0.37 per share, marking the 23rd year in a row that Nike has raised its dividend.

Several companies that used to perform well are now not favored by investors. This situation might create new opportunities.

Nike (NKE) has been getting a lot of interest from users on Zacks.com recently. Because of this, it's important to understand the factors that could affect the stock's future.

Nike's stock was once labeled a "Sell" because it was overvalued, but it has dropped 37% since 2020, making it more reasonably priced now. Even though there have been recent drops in revenue and earnings, Nike's long-term strengths are still solid, with a strong competitive advantage and steady performance. Analysts predict that Nike's profits will grow at an average rate of 9.09% per year over the next ten years, thanks to gaining market share and buying back shares.

Nike (NKE) finished the latest trading session at $77.98, which represents a 1.02% increase from the previous day's closing price.

Inflation is stable in both developed and emerging economies, which is a rare situation that helps consumers. Nike stands out among its rivals with strong financial health and appealing valuations over the past three years. The new CEO's arrival, along with these positive factors, could present a significant opportunity for investors.