How To Earn $500 A Month From Nike Stock Ahead Of Q4 Earnings
Portfolio Pulse from Avi Kapoor
NIKE, Inc. (NYSE:NKE) is set to release its Q4 earnings, with analysts expecting an EPS of 83 cents, up from 66 cents last year, and revenue of $12.85 billion. Oppenheimer upgraded Nike's rating and raised the price target to $120. Nike offers a 1.57% annual dividend yield, translating to 37 cents per share quarterly. To earn $500 monthly from dividends, an investment of approximately $381,319 is needed.
June 27, 2024 | 12:36 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Nike is expected to report Q4 earnings with an EPS of 83 cents and revenue of $12.85 billion. Oppenheimer upgraded Nike to Outperform and raised the price target to $120. Nike's dividend yield is 1.57%, with a quarterly dividend of 37 cents per share.
The positive earnings expectations and the upgrade from Oppenheimer are likely to boost investor confidence in the short term. The dividend yield information also adds to the attractiveness of the stock for income-focused investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100