In this suggestive guide, I will go over parts of the general process and some of the details about buying Nike stock. The steps that you might need to take in order to buy Nike shares can vary, and there can be a lot of different factors along the way.
Buying shares is only part of a much broader process, and so you may find some useful suggestions on how to find a suitable trading platform, doing research into the company’s stock, and other potentially useful tips.
Also consider: Which stocks to buy now
Disclaimer: This is only a suggestive guide and does not amount to or constitute investment advice. Please make sure to be aware that buying, trading and/or investing in stocks, shares and other assets is highly risky and will put your capital at risk. Nothing is guaranteed.
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- Choose a trading platform. If you’re unsure which one to choose, see my guide to the best trading platforms UK.
- Open an account. You will need your national insurance number, personal ID and bank details.
- Enter payment details. Fund your new trading account via a debit card or bank transfer.
- Search for the stock code on your trading platform. Search for “NKE”.
- Research Nike shares information. Your trading platform can show you the latest information for Nike.
- Now buy your Nike shares. Go ahead if you’re happy to buy Nike shares.
Nike (NKE) Live share price
- How to Buy Shares in Nike Plc (NKE)
- A Simple 6 Step Suggestive Guide on How to Buy Nike Shares UK
- A Quick History of Nike
- Factors to Consider Before you Buy Nike Stock
- Buying Nike Shares
- Is It Worth Buying Nike Shares?
- Does Nike Pay Dividends to Shareholders?
- Are Nike Shares Undervalued or Overvalued?
- FAQs About Buying Nike Shares
- Useful resources
Best platforms to buy shares
- Interactive Investor – Low, flat fee of £9.99 per month
- Freetrade – Get a free share
- InvestEngine – 0% commission
{etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
If you are on the lookout for a simple and brief suggestive guide on how to buy Nike shares, then here is a quick 6 step suggestive guide. This guide is only a simple example of some of the possible steps you might need to take and is by no means comprehensive.
Step One: Finding and Selecting a Good Trading Platform or Good Online Broker
One of the very first steps that you might need to take in order to begin the process of buying Nike stock is to find and choose a good trading platform or a good online broker. Most platforms and brokerages come in the form of a desktop service or a mobile app.
With investing and trading becoming ever more common nowadays, there are plenty of different platforms and brokerage services to pick from. This can be good as it gives you a variety of different options to choose from. However, so many choices can sometimes make things confusing and hard to overcome.
This is why it can be useful to set yourself up with some allotted time to browse and check out the platforms and brokerages that best suit you and your personal needs. Everyone is going to have different expectations and goals in mind, and the type of platform or brokerage you decide to use can have a tremendous impact on this.
It can be good practice to take a look at some of the most up-to-date reviews and comments made by other users. This can give you a unique opportunity to see what other users have to say about a particular service and whether it is worth using.
But at the end of the day, only you can know what you want to look out for and the types of features you want to have at your disposal. Some platforms and brokerages may specialise in a particular industry and may also specialise in trading a particular type of shares or assets.
A key thing to keep in mind when choosing a good platform or brokerage is not only to make sure that they are reputable and reliable but also correctly authorised and regulated by an official regulatory body.
Step Two: Registering for and Opening a New Account
After you have decided upon a platform or brokerage, you may need to take steps to setting up a new account. Registering for and opening a new trading/investment account will give you the chance to buy and sell stocks, as well as store your assets.
And just like with platforms and brokerages, there are now loads of different account providers out there to choose from. This is another instance where it can be useful to take some time to consider all of the options available to you and to think carefully before opting in.
There are also loads of different types of accounts to select from, and it can be wise to check them out and ask the provider about the options open to you.
When it actually comes to setting up a new account, things should be quite simple and straightforward. Typically, the provider of the account will ask you to provide some basic personal details to get things started. This can usually include a full name, address, National Insurance Number, and bank details.
As setting up a new account is quite a sensitive business, an account may need to be verified before it can be activated and used. The account provider should make it clear about how to do this, but generally, they may ask you to provide some form of official ID such as a passport or driver’s licence to verify the account.
When choosing an account provider, it is best to make sure that they are reputable and also properly authorised and regulated by an official regulatory body.
Step Three: How are you Going to Fund your Share Purchases
Now that you have a verified account, you might want to start thinking about how you are going actually to fund your share purchases. Everyone is going to be in very different financial positions when it comes to buying shares, and it can be beneficial to think about your personal financial situation before you make any firm commitments or leap straight in.
Buying, trading and/or investing in shares, stocks and other assets is extremely risky and will put your capital at risk. As a result, it can only be beneficial to be considerate of your own personal financial situation to ensure that you are making a good decision.
If you decide to deposit money to buy Nike shares, there should be a number of different payment methods on hand. Although this can depend on the account provider or platform, you are using. Most will offer the usual payment methods, such as debit card and credit card payments, as well as a direct bank transfer. Some may offer alternative payment options, including electronic wallets such as PayPal, Skrill, and Neteller.
If you have deposited money, then there may be fees attached for each transaction. Some may charge a deposit fee for depositing funds. Also, be aware that some may have a set minimum deposit amount.
Step Four: Search for the Nike Stock Market Code on your Trading Platform
If you have some funds deposited and usable to buy Nike stocks, then you might want to start thinking about the Nike shares themselves. To take a look at some of the latest updates about Nike shares, then you could try searching for the Nike stock market code via your trading platform.
Usually, a platform will have a designated search bar function, so users can quickly find the company or shares they are interested in. Alternatively, you can try using the unique ‘ticker’ code to search even more quickly. According to the New York Stock Exchange, where Nike Inc is listed, the Nike ticker code is ‘NKE’.
You can use the ticker code to find information about NKE stock as well as options to buy and sell.
Step Five: Research Nike Shares
This step should perhaps be considered one of the most important steps in the general process of buying shares in a company. Doing research can be very revealing and informative about the potential venture, and it can help you make a more informed decision.
Doing research into Nike Inc and Nike stock may take up quite a lot of time. It can also become a bit of a drag. But overall doing research can be beneficial even if it is a little time-consuming.
If you are doing research before buying shares, then it can be useful to think about the question of whether now is the best time for you personally to buy Nike stock. Conducting background research can help you find an answer to this question and help you make a more informed decision, as things can provide some clarity.
But bear in mind that research can only do so much. Shares and share prices are always subject to change and will likely fluctuate. This can even happen during a single trading day between the usual trading hours.
When you are conducting your research, there can be a lot of different things to find out and analyse. Overall you might find it best to gather up as much information as you can about a company as possible to form a much broader assessment.
Some of the things you might want to find out could include the Nike’s share price, the market cap, Nike’s business model, the company’s previous, current and projected profits, their past performance and potential future results, and the list can go on. This is only a taste of what you could look into, and there is likely to be so much more to delve through.
Generally speaking only you can know when you have done enough research. It can be a good rule of thumb to compile enough research that you can feel comfortable to make a decision.
If you are having difficulties or getting confused, then you might want to consider looking for independent advice from a professional consultant. They may charge a fee for their services, but they can be helpful in looking at the bigger picture.
Step Six: Are you Ready to Buy Nike Stocks?
If you have considered the steps featured above, then you could now be in a position to ask yourself whether you are ready to buy Nike stocks.
Nike Inc is also an American company that is traded on the New York Stock Exchange. Buying, trading and/or investing in American stocks and shares in the UK may be subject to tax and other fees.
Another factor to bear in mind is to think carefully about your investment strategy, your objectives and then compare them with your personal finances. Remember that buying, investing, and trading will put your capital at risk.
A Quick History of Nike
Nike Inc is perhaps one of the best-known brands in the world. Nike predominantly works as an apparel company but also branches into producing accessories and sports apparel.
Nike is an American corporation that was first founded in 1964. The company was founded under the name Blue Ribbon Sports Inc. The original founders were Bill Bowerman and Phil Knight. The company then changed its name to Nike in 1971.
The Nike company headquarters is based in the state of Oregon in the United States, although the company does operate on a worldwide basis. The current Executive Chairman is Mark Parker. The current President and CEO at Nike is John Donahoe.
Nike manufactures a number of different products. The company mostly specialises in producing sporting goods and apparel, including shoes, equipment and other accessories. It also has a subsidiary company in Converse.
Nike Inc is listed on the New York Stock Exchange. According to the NYSE, the unique ticker code for Nike is NKE. Nike is also a component of the S&P 100 Index, the S&P 500 Index, and the Dow Jones Industry Average (DJIA).
Factors to Consider Before you Buy Nike Stock
Before you get to a stage where you are going to buy Nike shares, there might be a few different factors to consider. There can be loads of different things to bear in mind before going ahead with a purchase, but here are some of the factors that I usually think about.
Do Your Own Research into Nike and Nike Shares
As I have already stressed, doing your own research into Nike Inc and Nike shares can be very helpful in providing you with an overview of the company and giving you a better idea of what you are getting yourself into. Conducting broad and expansive research into a company, the stock market, and other areas before making a purchase or investment can help you come to a more informed conclusion and help you in the short and long term.
Of course, it is going to be extremely hard to know or even get a general sense of what may or may not happen in the future, but doing research can be informative in the here and now. Doing appropriate amounts of research into a company can keep you informed and up to date on the latest developments, and you can weigh up your options before making any firm financial commitments or decisions.
Now there can be a lot of different avenues to venture down and a lot of aspects to look into when you are doing your research. Some examples of things to research can include the company’s past performance, their profits, the Nike stock price/Nike share price, what the highest and lowest share price has been to date, and it can be worth comparing the information with other companies operating in the same industry as Nike.
In some instances, you may consider seeking personal advice from a professional consultant. Seeking independent advice will typically cost a fee, but they can give you a tailored experience on whether buying Nike shares is the best option for you.
When doing research it can be beneficial to complete it up to a point where you can feel comfortable about making a decision. Only you can make an overall decision.
Think About your Existing Investment Portfolio
Something else that you might want to consider before you buy Nike shares is to think about your existing investment portfolio and how buying shares or making another investment could impact your portfolio. Sometimes it can be easy to jump straight into a new investment opportunity without thinking about your existing investments, and in some cases, it may have detrimental affects.
It can be useful to ask yourself how a new investment or share purchase could affect your other investments, how it could have an impact, and whether the impacts are going to be positive or negative. Obviously, it can be hard to know what may or may not happen in the immediate and long-term future, but it can be worth being considerate of your existing commitments.
Just like when you are doing your research, you may find it beneficial to seek out personal independent advice from a professional consultant. They may be able to take a look at your prospective investment opportunity or share purchase and then compare it with your existing investment portfolio to give you a better idea of what could happen and how it could impact your investments.
On a similar note, if you do not yet have a portfolio, then you should think carefully about whether you are ready to take on the responsibility of managing one. It can take a lot of effort and dedication to properly manage a portfolio, and if you do not have the time or commitment to do so, then it can only come at your own expense.
Consider your Investment Objectives and your Personal Financial Situation
Another factor that you might want to consider before buying Nike shares is to think about what your investment objectives are and compare them with your personal financial situation. It can be useful to make a note of what your ambitions, aims and targets are if you are looking to buy Nike stocks.
It can be worthwhile taking your time to make a note of what your aims are and then working out if it is feasible with your personal financial situation. Everyone is going to be in very different financial positions, and some may have access to more funds than others.
But buying, trading and/or investing is inherently risky, meaning it can be beneficial to be realistic and know what your limits are. It is not usually good practice to put your other, more important financial commitments at risk for the sake of an investment opportunity.
The process of buying Nike shares is quite simple and straightforward. However, there can be a number of different things to do along the way. Here are some examples of what you may have to do in order to get to a stage where you can buy Nike shares.
Finding a Suitable Trading Platform or Online Broker
This might appear easy, but in some cases, new buyers, traders and investors can struggle with finding a suitable platform or online broker. With so many different services to choose from, it can be hard to know which ones are the best.
Finding a suitable trading platform or an online broker is more of an individual experience. Most of the time, everyone is going to have different expectations and different ideas of what they want to get from using a platform or brokerage account. That is why it is entirely down to you and your personal expectations to make a firm decision about the type of service you go for.
It can be beneficial to note down what you want out of a platform or brokerage and then begin searching for the services that cater to your needs. This can help you narrow down the search. In most cases, it can be useful to take a look at some of the latest reviews and comments from other existing users of the platforms that you have narrowed down.
In some cases, platforms and brokerages may specialise in a particular industry or sector, and they may also specialise in trading particular share types. Platforms and brokerages can have very common features, but some may offer entirely different experiences from others to help them stand out.
A good thing to bear in mind when looking is to not only find a platform or brokerage that is reputable and offers a reliable service to its users, but it is also properly regulated and authorised by an official regulatory body. This is mostly to ensure your own safety and protection.
It is also worth noting that platforms and brokerages are likely to charge their customers fees for using their services. The fees can vary between providers, and some may charge for certain services and actions where others may not. There may be fees attributed to deposits and withdrawals, set subscription fees for access to services, and even inactivity fees for idle accounts.
It is becoming increasingly commonplace to see platforms offering zero commission trading, like with eToro. This is to remain competitive in the market. Brokerages may charge a commission for their services, but not all brokers are the same.
Be sure to check out the terms and conditions as well as any policies relating to fees for clarity. But if you are confused about fees, you can always try contacting the service company directly.
Registering for and Opening a New Trading/Investment Account
Another potential step that you might need to take in order to buy Nike shares is to register for and open a new trading/investment account. Having an account will allow you to buy and sell shares, as well as store your assets.
There are loads of different account providers out there to choose from. This is another case where you should dedicate some time to browse your options and think carefully about what the best options for you are.
There can be several options to pick from when it comes to opening a new account. The different types of accounts on offer to you can vary depending on the provider you choose and also your own status. Retail investor accounts, share dealing accounts and ISAs are just a few examples.
Each account type is likely to offer their owners different perks and limitations. Ask the account provider what the differences are, so you can make an informed decision about which is best for you.
When it actually comes to setting up an account, the provider will typically ask for some basic personal details to get things started. This is usually going to include a full name, address, National Insurance Number, and bank details. In most cases, a new account is going to require verification before it can be activated and then used. The account provider should inform you about how to verify an account. In a lot of cases, the provider will ask you to supply some form of official ID, such as a passport or driver’s licence to verify an account.
Selling Nike Shares
If you have decided to buy Nike shares, then at some point in the future, you may start to think about selling those shares. Share owners may want to sell their shares for a number of reasons, but the most common reasons include selling to make a profit and to minimise losses.
It can take just as much time, preparation and dedication to sell your shares as it does to buy them. It can also be just as hard to know if or when the best time could be. Share prices are always subject to change and are likely going to fluctuate, so even getting the faintest of ideas as to when a good time to sell could be is extremely difficult. This can even be challenging for the most experienced investors and share owners.
If you are looking to sell your shares, then you should be able to do this directly via your platform or brokerage. Most platforms will have a designated ‘sell’ option or tab. Once you have located this tab, then you should be able to easily input the number of shares you want to sell. Of course, you can only sell shares you own, and the number of shares you wish to sell must also be in your possession. Bear in mind that selling shares is just as risky as it is to buy shares.
Answering this question is incredibly difficult, and it can come down to a lot of things. One of these factors is mostly down to individual circumstances. Generally speaking, answering this question is down to the individual. Only you can know and conclude as to whether it is worth buying Nike shares or not.
Doing your research should help you out in this instance. It can give you a much better overview of the company, the stock market, and what it could mean for you on a personal level if you buy Nike shares.
It is also useful to think back about your investment strategy, your objectives and your personal finances. Looking at what you want to achieve can help you realise whether Nike shares are worth buying.
If you are finding it hard to know whether buying Nike shares is worth it for you, then this can be another instance where seeking personal advice from a professional consultant might be a good option.
Nike Share Price Volatility Rating
When you are doing your own research and finding an answer to the question of whether it is worth buying Nike shares, you might want to look into Nike’s share price volatility rating. The volatility rating can be a way of showing whether the company’s share price is more likely to decrease or increase over a period of time. In some cases, if the share price has a higher volatility rating, then it might mean that there is a higher risk as the price is more likely to fluctuate.
It is reported from other outlets that Nike’s share price volatility rating is above the average featured on the New York Stock Exchange. This can mean that there is a higher risk.
You may find it beneficial to compare the Nike share price volatility rating with other companies that operate in the same industry. This can be a useful way of seeing what the average is for the industry.
According to reports, Nike does pay dividends to shareholders at the moment. However, just because Nike currently makes dividend payments to shareholders at this point in time does not guarantee that it will continue to do so in the future.
Dividends are payments made to shareholders when the company and board of directors decides to release the company’s profits. Dividends are typically made as cash payments, but some companies may offer their shareholders the chance or option to reinvest their dividends back into the company. This is not always an option, though, and if this does sound like a good option for you, then you should check with the company directly. Dividend payments are usually made on a quarterly basis.
Dividend Yield
Working out Nike’s dividend yield can show prospective investors and share buyers, as well as current shareholders, the amount the company might pay out to them as dividends.
Figuring out the dividend yield can be a helpful way of showing investors and shareholders how much they could potentially earn if they decide to buy dividend-paying shares in Nike.
The dividend yield is calculated based on the current share price. To calculate the dividend yield, the annual dividends of each share are divided by the price per share.
Giving shares value is always going to be very challenging. In a lot of cases, it can be very useful to get a sense of whether shares in a company are undervalued or overvalued. If you want to find the current Nike share price, then you can check out the New York Stock Exchange, where Nike is listed.
P/E Ratio
The P/E Ratio, also known as the Price to Earnings Ratio, is a way for prospective investors and existing shareholders to get an idea of what the relative value of a company’s shares are. Using the P/E Ratio can be useful to measure the current share value that is relative to the earnings per share, also known as the EPS.
To calculate the P/E Ratio, the market value of each share is divided by the earnings per share (EPS). Calculating the EPS does require a separate calculation.
To calculate the EPS, the company’s profits are divided by the number of shares that are left outstanding in the company.
You may find it useful to compare the P/E Ratio of Nike’s shares with other companies that operate in the same industry. This can help give you an idea as to whether the P/E Ratio is considered low or high in comparison.
Can I Trade Nike Shares with Zero Commission?
Is Nike a Publicly Listed Company?
Please note
The value of your investments (and any income from them) can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. Investments should be considered over the longer term and should fit in with your overall attitude to risk and financial circumstances.
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