Nordstrom (JWN) Stock Price, News & Analysis

$20.10
+0.12 (+0.60%)
(As of 05/3/2024 ET)
Today's Range
$19.90
$20.49
50-Day Range
$16.90
$21.68
52-Week Range
$12.88
$23.53
Volume
2.40 million shs
Average Volume
3.26 million shs
Market Capitalization
$3.28 billion
P/E Ratio
25.13
Dividend Yield
3.78%
Price Target
$16.54

Nordstrom MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.64 Rating Score
Upside/​Downside
17.7% Downside
$16.54 Price Target
Short Interest
Bearish
22.09% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.34
Upright™ Environmental Score
News Sentiment
0.38mentions of Nordstrom in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.10%
From $1.81 to $1.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.38 out of 5 stars

Retail/Wholesale Sector

819th out of 1,208 stocks

Family Clothing Stores Industry

37th out of 66 stocks

JWN stock logo

About Nordstrom Stock (NYSE:JWN)

Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand-name and private-label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; ASOS; Nordstromrack.com; mobile application; and clearance stores under the Last Chance name. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.

JWN Stock Price History

JWN Stock News Headlines

Can Guess? Fuel an Abercrombie-Like Short Squeeze? (JWN)
Fashion apparel brand Guess? Inc. (NYSE: GES) stock recently surged on its fourth-quarter fiscal 2024 results. The consumer discretionary sector company
What Does PVH Guidance Cut Say About Retail Consumer Spending? (JWN)
PVH Corp (NYSE: PVH) is a global apparel company best known for its Calvin Klein and Tommy Hilfiger brand clothing, apparel and accessories.
FW: 234x Gain
This coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.
FW: 234x Gain
This coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.
Q4 2023 Vince Holding Corp Earnings Call
Nordstrom debuts online marketplace
JWN Quantitative Stock Analysis
7 Stocks That Could Be Heading Six-Feet Under
Nordstrom, Inc.
See More Headlines
Receive JWN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nordstrom and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/05/2024
Ex-Dividend for 3/27 Dividend
3/11/2024
Dividend Payable
3/27/2024
Today
5/04/2024
Next Earnings (Estimated)
5/29/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Department Stores
CUSIP
65566410
Employees
54,000
Year Founded
1901

Price Target and Rating

Average Stock Price Target
$16.54
High Stock Price Target
$20.00
Low Stock Price Target
$11.00
Potential Upside/Downside
-17.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.64
Research Coverage
11 Analysts

Profitability

Net Income
$134 million
Pretax Margin
1.00%

Debt

Sales & Book Value

Annual Sales
$14.69 billion
Cash Flow
$7.10 per share
Book Value
$5.22 per share

Miscellaneous

Free Float
153,822,000
Market Cap
$3.28 billion
Optionable
Optionable
Beta
2.59

Social Links

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

JWN Stock Analysis - Frequently Asked Questions

Should I buy or sell Nordstrom stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last twelve months. There are currently 5 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" JWN shares.
View JWN analyst ratings
or view top-rated stocks.

What is Nordstrom's stock price target for 2024?

11 Wall Street research analysts have issued 1-year price targets for Nordstrom's shares. Their JWN share price targets range from $11.00 to $20.00. On average, they predict the company's share price to reach $16.54 in the next twelve months. This suggests that the stock has a possible downside of 17.7%.
View analysts price targets for JWN
or view top-rated stocks among Wall Street analysts.

How have JWN shares performed in 2024?

Nordstrom's stock was trading at $18.45 on January 1st, 2024. Since then, JWN shares have increased by 8.9% and is now trading at $20.10.
View the best growth stocks for 2024 here
.

When is Nordstrom's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024.
View our JWN earnings forecast
.

How were Nordstrom's earnings last quarter?

Nordstrom, Inc. (NYSE:JWN) released its earnings results on Tuesday, March, 5th. The specialty retailer reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.90 by $0.06. The specialty retailer earned $4.29 billion during the quarter, compared to analyst estimates of $4.38 billion. Nordstrom had a trailing twelve-month return on equity of 49.30% and a net margin of 0.91%. Nordstrom's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.74 earnings per share.

How often does Nordstrom pay dividends? What is the dividend yield for Nordstrom?

Nordstrom declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Tuesday, March 12th will be paid a dividend of $0.19 per share on Wednesday, March 27th. This represents a $0.76 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date is Monday, March 11th.
Read our dividend analysis for JWN
.

Is Nordstrom a good dividend stock?

Nordstrom (NYSE:JWN) pays an annual dividend of $0.76 per share and currently has a dividend yield of 3.80%. The dividend payout ratio is 95.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, JWN will have a dividend payout ratio of 42.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JWN.

How will Nordstrom's stock buyback program work?

Nordstrom declared that its Board of Directors has authorized a share buyback program on Tuesday, May 24th 2022, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 15.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

What guidance has Nordstrom issued on next quarter's earnings?

Nordstrom issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of 1.650-2.050 for the period, compared to the consensus EPS estimate of 1.980. The company issued revenue guidance of $14.4 billion-$14.8 billion, compared to the consensus revenue estimate of $14.6 billion.

What is Erik B. Nordstrom and Peter E. Nordstrom's approval rating as Nordstrom's CEO?

1,086 employees have rated Nordstrom Chief Executive Officer Erik B. Nordstrom and Peter E. Nordstrom on Glassdoor.com. Erik B. Nordstrom and Peter E. Nordstrom has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Nordstrom own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordstrom investors own include Intel (INTC), Walt Disney (DIS), NVIDIA (NVDA), Starbucks (SBUX), General Electric (GE), AT&T (T), Bank of America (BAC), Boeing (BA), Pfizer (PFE) and Netflix (NFLX).

Who are Nordstrom's major shareholders?

Nordstrom's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.75%), Pacifica Capital Investments LLC (0.42%), Principal Financial Group Inc. (0.23%), Capstone Investment Advisors LLC (0.13%), Commonwealth Equity Services LLC (0.12%) and BNP Paribas Financial Markets (0.08%). Insiders that own company stock include Alexis Depree, Anne L Bramman, Bradley D Tilden, Farrell B Redwine, Geevy Sk Thomas, Gemma Lionello, Michael W Maher, Scott A Meden and Teri Bariquit.
View institutional ownership trends
.

How do I buy shares of Nordstrom?

Shares of JWN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:JWN) was last updated on 5/4/2024 by MarketBeat.com Staff

From Our Partners