Nike’s Epic Journey: A Look at Its Stock History and Potential Future Gains
Uncovering Nike’s Tremendous Growth Since 1980
If you had purchased a single share of Nike (NYSE: NKE) when it debuted in 1980, you would have seen an extraordinary return. Nike’s stock has soared approximately 45,600% since its initial public offering (IPO), significantly outperforming the S&P 500, despite some recent struggles.
NKE data by YCharts.
A Historical Overview of Nike’s Stock Splits
Nike has made several stock splits throughout its history, keeping its share price manageable at under $100 today. Understanding these splits is essential if you wish to know how your investment has grown since the IPO.
| Stock split date | Size of stock split | # of shares after split |
|---|---|---|
| 1/5/83 | 2-for-1 | 2 |
| 10/5/90 | 2-for-1 | 4 |
| 10/30/95 | 2-for-1 | 8 |
| 10/23/96 | 2-for-1 | 16 |
| 4/2/07 | 2-for-1 | 32 |
| 12/24/12 | 2-for-1 | 64 |
| 12/23/15 | 2-for-1 | 128 |
Data source: Nike.
If you had invested in Nike at its IPO, you’d now hold 128 shares, worth $10,496 at the current stock price of $82. This is a significant increase from its IPO price of $22 per share.
Additionally, your investment would have generated substantial dividends. Nike started paying dividends in 1985 and has consistently increased them every year since 2004, typically offering yields between 1% and 2%. If you began investing in 1995, it is estimated that you would have received around $13 per share in dividends.
Based on your 128 shares, this translates to more than $1,664 in dividend income if you bought one share at the IPO.
Exploring New Investment Opportunities
Have you ever felt you missed the chance to buy shares in highly successful companies? If so, there may still be opportunities ahead.
Occasionally, financial analysts highlight a “Double Down” stock recommendation, targeting companies they believe are poised for growth. If you worry about missing your investment window, acting now might be beneficial. Historical returns illustrate the potential:
- Amazon: A $1,000 investment made in 2010 would be worth $21,049!
- Apple: If you invested $1,000 in 2008, it would now be worth $43,847!
- Netflix: A 2004 investment of $1,000 would have grown to $378,583!
Currently, “Double Down” alerts are being issued for three exciting companies, and these opportunities may not present themselves again soon.
See 3 “Double Down” stocks »
*Stock Advisor returns as of October 14, 2024
Jeremy Bowman has positions in Nike. The Motley Fool has positions in and recommends Nike. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
