Nike projects dividends to exceed FY2027 estimated earnings per share
NKE Nike Inc
$34.74 +1.11%
View chart & analysis → - 1Nike's FY2027 adjusted earnings per share (EPS) guidance of $1.15-$1.35 is lower than its annual dividend of $1.64.
- 2Evercore ISI analyst Michael Binetti noted that the payout ratio exceeds 100%.
- 3Executive Vice President and CFO David Denton responded that dividends can be maintained and ultimately grown in all scenarios.
So what's the key point?
Nike is expected to pay out more in dividends than its earnings per share. This means the company is distributing more money to shareholders than it earned.
Source TIKR · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.