Nordstrom Company Profile (NYSE:JWN)

About Nordstrom (JWN)

Nordstrom logoNordstrom, Inc. is a fashion specialty retailer in the United States. The Company's segments include Retail and Credit. As of March 20, 2017, the Company operated 344 the United States stores located in 40 states as well as an e-commerce business. The Company also offers its customers a variety of payment products and services, including credit and debit cards. As of March 20, 2017, the Retail segment included its 117 Nordstrom-branded full-line stores in the United States and Nordstrom.com, 216 off-price Nordstrom Rack stores, five Canada full-line stores, Nordstromrack.com/HauteLook, seven Trunk Club clubhouses and TrunkClub.com, two Jeffrey boutiques and two clearance stores that operate under the name Last Chance. The Company, through Credit segment, allows its customers to access a range of payment products and services, including a Nordstrom-branded private label card, approximately two Nordstrom-branded Visa credit cards and a debit card for Nordstrom purchases.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Apparel Stores
  • Sub-Industry: Department Stores
  • Exchange: NYSE
  • Symbol: JWN
  • CUSIP: 65566410
Key Metrics:
  • Previous Close: $47.23
  • 50 Day Moving Average: $44.78
  • 200 Day Moving Average: $49.15
  • 52-Week Range: $35.01 - $62.82
  • Trailing P/E Ratio: 23.38
  • Foreward P/E Ratio: 15.54
  • P/E Growth: 3.00
  • Market Cap: $7.88B
  • Outstanding Shares: 166,851,000
  • Beta: 1.01
Profitability:
  • Net Margins: 2.28%
  • Return on Equity: 58.85%
  • Return on Assets: 6.62%
Debt:
  • Debt-to-Equity Ratio: 3.22%
  • Current Ratio: 1.04%
  • Quick Ratio: 0.30%

Analyst Ratings

Consensus Ratings for Nordstrom (NYSE:JWN) (?)
Ratings Breakdown: 6 Sell Ratings, 14 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.04)
Consensus Price Target: $46.98 (0.53% downside)

Analysts' Ratings History for Nordstrom (NYSE:JWN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/1/2017Credit Suisse Group AGSet Price TargetBuy$52.00LowView Rating Details
3/27/2017BMO Capital MarketsReiterated RatingHold$50.00MediumView Rating Details
3/27/2017Royal Bank of CanadaReiterated RatingHold$47.00LowView Rating Details
2/24/2017Telsey Advisory GroupLower Price TargetMarket Perform -> Market Perform$52.00 -> $50.00N/AView Rating Details
2/22/2017Robert W. BairdReiterated RatingNeutral$56.00N/AView Rating Details
2/17/2017Piper Jaffray CompaniesInitiated CoverageNeutral$41.00N/AView Rating Details
2/13/2017Cowen and CompanyLower Price TargetOutperform$64.00 -> $50.00N/AView Rating Details
2/10/2017Susquehanna Bancshares IncInitiated CoverageNeutral$47.00 -> $47.00N/AView Rating Details
2/6/2017William BlairReiterated RatingOutperformN/AView Rating Details
2/2/2017Goldman Sachs Group IncDowngradeNeutral -> Sell$35.00N/AView Rating Details
1/17/2017Stifel NicolausDowngradeBuy -> Hold$62.00 -> $40.00N/AView Rating Details
12/16/2016JPMorgan Chase & Co.DowngradeNeutral -> Underweight$55.00 -> $48.00N/AView Rating Details
11/11/2016Bank of America CorpSet Price TargetSell$40.00N/AView Rating Details
11/11/2016KeyCorpReiterated RatingBuyN/AView Rating Details
11/11/2016Maxim GroupBoost Price TargetBuy$54.00 -> $61.00N/AView Rating Details
10/31/2016Deutsche Bank AGDowngradeBuy -> Hold$57.00 -> $56.00N/AView Rating Details
9/30/2016GuggenheimInitiated CoverageBuy$60.00N/AView Rating Details
8/15/2016Morgan StanleyReiterated RatingUnderweight$34.00 -> $36.00N/AView Rating Details
8/12/2016Citigroup IncBoost Price TargetNeutral$40.00 -> $50.00N/AView Rating Details
7/5/2016Miller TabakUpgradeSell -> Hold$30.00 -> $39.50N/AView Rating Details
6/13/2016ArgusReiterated RatingHoldN/AView Rating Details
5/31/2016Buckingham ResearchReiterated RatingReduce$47.00N/AView Rating Details
5/16/2016Northcoast ResearchUpgradeSell -> NeutralN/AView Rating Details
5/16/2016Wolfe ResearchLower Price TargetUnderperform$43.00 -> $34.00N/AView Rating Details
5/14/2016Sterne Agee CRTReiterated RatingHoldN/AView Rating Details
5/13/2016Topeka Capital MarketsLower Price TargetBuy$69.00 -> $50.00N/AView Rating Details
4/29/2016Cleveland ResearchDowngradeBuy -> NeutralN/AView Rating Details
4/22/2016Evercore ISIDowngradeHold -> Sell$50.00 -> $40.00N/AView Rating Details
2/20/2016Brean CapitalReiterated RatingHoldN/AView Rating Details
2/19/2016NomuraLower Price TargetNeutral$62.00 -> $55.00N/AView Rating Details
2/2/2016Barclays PLCLower Price TargetUnderweight$45.00 -> $42.00N/AView Rating Details
1/12/2016LebenthalReiterated RatingHoldN/AView Rating Details
8/14/2015MacquarieReiterated RatingNeutral$73.00 -> $82.00N/AView Rating Details
(Data available from 4/24/2015 forward)

Earnings

Earnings History for Nordstrom (NYSE:JWN)
Earnings by Quarter for Nordstrom (NYSE:JWN)
Earnings History by Quarter for Nordstrom (NYSE:JWN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/11/2017        
2/23/2017Q416$1.15$1.37$4.36 billion$4.24 billionViewListenView Earnings Details
11/10/2016Q316$0.52$0.84$3.49 billion$3.47 billionViewListenView Earnings Details
8/11/2016Q216$0.56$0.67$3.67 billion$3.65 billionViewListenView Earnings Details
5/12/2016Q116$0.46$0.26$3.28 billion$3.19 billionViewListenView Earnings Details
2/18/2016Q415$1.22$1.17$4.23 billion$4.14 billionViewListenView Earnings Details
11/12/2015Q315$0.72$0.57$3.38 billion$3.20 billionViewListenView Earnings Details
8/13/2015Q215$0.90$0.93$3.67 million$3.60 millionViewListenView Earnings Details
5/14/2015Q115$0.71$0.66$3.15 billion$3.12 billionViewListenView Earnings Details
2/19/2015Q414$1.35$1.32$4.01 billion$3.90 billionViewListenView Earnings Details
11/13/2014Q314$0.71$0.73$3.10 billion$3.04 billionViewListenView Earnings Details
8/14/2014Q214$0.94$0.95$3.39 billion$3.30 billionViewListenView Earnings Details
5/15/2014Q114$0.68$0.72$2.86 billion$2.84 billionViewListenView Earnings Details
2/20/2014Q413$1.34$1.34$3.72 billion$3.71 billionViewListenView Earnings Details
11/14/2013Q313$0.66$0.66$2.87 billion$2.88 billionViewListenView Earnings Details
8/15/2013Q2 2013$0.88$0.93$3.29 billion$3.20 billionViewListenView Earnings Details
2/21/2013Q4 2012$1.34$1.40$3.70 million$3.60 billionViewListenView Earnings Details
11/8/2012Q312$0.72$0.71$2.72 billion$2.71 billionViewN/AView Earnings Details
8/9/2012$0.74$0.75ViewN/AView Earnings Details
5/10/2012$0.75$0.70ViewN/AView Earnings Details
2/16/2012$1.10$1.11ViewN/AView Earnings Details
11/10/2011$0.58$0.59ViewN/AView Earnings Details
8/11/2011$0.74$0.80ViewN/AView Earnings Details
5/12/2011$0.67$0.65ViewN/AView Earnings Details
2/17/2011$1.00$1.04ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nordstrom (NYSE:JWN)
2017 EPS Consensus Estimate: $3.80
2018 EPS Consensus Estimate: $2.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$1.35$1.56$1.43
Q2 20172$0.57$0.60$0.59
Q3 20173$0.47$0.70$0.56
Q4 20173$1.13$1.31$1.22
Q1 20183$0.25$0.30$0.27
Q2 20183$0.65$0.66$0.66
Q3 20182$0.60$0.64$0.62
Q4 20183$1.35$1.41$1.37
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordstrom (NYSE:JWN)
Most Recent Dividend:3/15/2017
Annual Dividend:$1.48
Dividend Yield:3.13%
Dividend Growth:7.20% (3 Year Average)
Payout Ratio:79.14% (Trailing 12 Months of Earnings)
50.68% (Based on This Year's Estimates)
48.68% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Nordstrom (NYSE:JWN)

Dividend History by Quarter for Nordstrom (NYSE:JWN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/17/2017quarterly$0.373.23%2/27/20173/1/20173/15/2017
11/16/2016quarterly$0.372.53%11/23/201611/28/201612/13/2016
8/17/2016quarterly$0.372.84%8/25/20168/29/20169/13/2016
5/19/2016quarterly$0.373.88%5/26/20165/31/20166/15/2016
2/24/2016quarterly$0.372.82%3/3/20163/7/20163/22/2016
11/18/2015quarterly$0.372.66%11/25/201511/30/201512/15/2015
10/1/2015$4.8510/7/201510/12/201510/27/2015
8/19/2015quarterly$0.371.9%8/27/20158/31/20159/15/2015
5/5/2015quarterly$0.371.96%5/27/20155/29/20156/12/2015
2/13/2015quarterly$0.371.88%2/25/20152/27/20153/13/2015
11/19/2014quarterly$0.331.76%11/26/201412/1/201412/15/2014
8/20/2014quarterly$0.331.91%8/28/20149/2/20149/17/2014
5/7/2014quarterly$0.332.15%5/28/20145/30/20146/13/2014
2/26/2014quarterly$0.332.15%3/6/20143/10/20143/25/2014
11/20/2013quarterly$0.301.93%11/27/201312/2/201312/16/2013
8/21/2013quarterly$0.302.1%8/29/20139/3/20139/16/2013
5/14/2013quarterly$0.301.95%5/29/20135/31/20136/17/2013
2/27/2013quarterly$0.302.21%3/7/20133/11/20133/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Nordstrom (NYSE:JWN)
Insider Ownership Percentage: 7.03%
Institutional Ownership Percentage: 66.03%
Insider Trades by Quarter for Nordstrom (NYSE:JWN)
Institutional Ownership by Quarter for Nordstrom (NYSE:JWN)
Insider Trades by Quarter for Nordstrom (NYSE:JWN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/3/2017Daniel F LittleInsiderSell7,423$47.01$348,955.23View SEC Filing  
3/13/2017Blake W NordstromPresidentSell3,169$43.80$138,802.20View SEC Filing  
3/10/2017Peter E NordstromInsiderSell3,297$44.75$147,540.75View SEC Filing  
3/6/2017Blake W NordstromPresidentSell1,905$45.08$85,877.40View SEC Filing  
3/3/2017Peter E NordstromInsiderSell1,981$46.86$92,829.66View SEC Filing  
2/27/2017Blake W NordstromPresidentSell1,558$47.50$74,005.00View SEC Filing  
12/13/2016Michael G KoppelInsiderSell87,257$58.34$5,090,573.38View SEC Filing  
12/12/2016Daniel F LittleInsiderSell19,704$59.62$1,174,752.48View SEC Filing  
12/7/2016Scott A. MedenInsiderSell5,000$60.00$300,000.00View SEC Filing  
11/23/2016Enrique Hernandez JrDirectorSell24,534$58.38$1,432,294.92View SEC Filing  
11/14/2016Blake W. NordstromPresidentSell42,847$60.00$2,570,820.00View SEC Filing  
10/7/2016Daniel F LittleInsiderSell5,277$55.00$290,235.00View SEC Filing  
10/6/2016Daniel F LittleInsiderSell5,270$54.00$284,580.00View SEC Filing  
10/5/2016Daniel F. LittleInsiderSell12,770$53.00$676,810.00View SEC Filing  
9/23/2016Daniel F LittleInsiderSell5,270$52.00$274,040.00View SEC Filing  
4/4/2016Geevy Sk ThomasEVPSell155$57.10$8,850.50View SEC Filing  
3/21/2016Geevy Sk ThomasEVPSell2,834$57.81$163,833.54View SEC Filing  
3/16/2016Michael G KoppelEVPSell38,073$56.56$2,153,408.88View SEC Filing  
3/4/2016Blake W NordstromPresidentSell1,904$54.35$103,482.40View SEC Filing  
2/24/2016Blake W NordstromPresidentSell1,557$50.69$78,924.33View SEC Filing  
11/23/2015Philip G SatreDirectorBuy17,600$56.89$1,001,264.00View SEC Filing  
6/23/2015Daniel F LittleEVPSell20,539$76.00$1,560,964.00View SEC Filing  
3/30/2015Michael G KoppelEVPSell53,878$80.07$4,314,011.46View SEC Filing  
3/24/2015Ken WorzelEVPSell54,581$81.93$4,471,821.33View SEC Filing  
3/23/2015Daniel F LittleEVPSell20,539$82.00$1,684,198.00View SEC Filing  
3/20/2015Erik B NordstromEVPSell31,531$81.76$2,577,974.56View SEC Filing  
3/19/2015Alison A WinterDirectorSell13,598$80.75$1,098,038.50View SEC Filing  
3/16/2015Peter E NordstromEVPSell31,531$80.22$2,529,416.82View SEC Filing  
3/3/2015Blake W NordstromPresidentSell1,778$80.10$142,417.80View SEC Filing  
3/3/2015Peter E NordstromEVPSell1,850$80.55$149,017.50View SEC Filing  
1/5/2015James A HowellVPSell42,961$77.29$3,320,455.69View SEC Filing  
12/16/2014Geevy Sk ThomasEVPSell4,000$75.27$301,080.00View SEC Filing  
12/15/2014Alison A WinterDirectorSell3,000$74.75$224,250.00View SEC Filing  
12/9/2014Daniel F LittleEVPSell11,375$74.00$841,750.00View SEC Filing  
10/3/2014Robert SariVPSell6,000$70.00$420,000.00View SEC Filing  
7/9/2014Blake W NordstromPresidentSell67,502$70.00$4,725,140.00View SEC Filing  
6/6/2014Daniel F LittleEVPSell11,000$68.45$752,950.00View SEC Filing  
5/16/2014James Nordstrom, Jr.EVPSell9,480$66.75$632,790.00View SEC Filing  
5/12/2014Peter NordstromEVPSell40,984$62.82$2,574,614.88View SEC Filing  
5/2/2014Erik NordstromEVPSell40,984$62.20$2,549,204.80View SEC Filing  
4/3/2014James Nordstrom, Jr.EVPSell11,802$64.00$755,328.00View SEC Filing  
3/25/2014David WitmanEVPSell13,824$62.38$862,341.12View SEC Filing  
3/19/2014Delena SundayEVPSell51,912$62.35$3,236,713.20View SEC Filing  
3/17/2014Geevy Sk ThomasEVPSell19,544$62.09$1,213,486.96View SEC Filing  
3/4/2014Robert MiddlemasEVPSell10,000$61.59$615,900.00View SEC Filing  
12/20/2013Daniel LittleEVPSell22,458$61.19$1,374,205.02View SEC Filing  
12/6/2013Mark TrittonEVPSell7,900$61.39$484,981.00View SEC Filing  
11/26/2013Scott MedenEVPSell15,533$63.00$978,579.00View SEC Filing  
9/18/2013Margaret MyersEVPSell8,670$58.25$505,027.50View SEC Filing  
9/16/2013Delena SundayEVPSell30,576$58.00$1,773,408.00View SEC Filing  
7/8/2013James F Nordstrom JrEVPSell28,519$63.00$1,796,697.00View SEC Filing  
7/5/2013Blake W NordstromPresidentSell80,522$61.60$4,960,155.20View SEC Filing  
7/5/2013James A HowellVPSell20,220$61.66$1,246,765.20View SEC Filing  
6/13/2013David M WitmanEVPSell12,219$59.36$725,319.84View SEC Filing  
6/7/2013Daniel F LittleEVPSell37,384$59.13$2,210,515.92View SEC Filing  
5/28/2013David M WitmanEVPSell15,660$60.23$943,201.80View SEC Filing  
5/28/2013Enrique Hernandez JrDirectorSell8,007$60.00$480,420.00View SEC Filing  
5/21/2013Teri BariquitEVPSell3,625$61.00$221,125.00View SEC Filing  
5/13/2013Peter E NordstromEVPSell46,012$59.56$2,740,474.72View SEC Filing  
3/25/2013Robert Ernst CampbellVPSell10,536$53.44$563,043.84View SEC Filing  
9/5/2012David M WitmanEVPSell8,130$57.08$464,060.40View SEC Filing  
9/4/2012Erik B NordstromEVPSell31,148$57.64$1,795,370.72View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Nordstrom (NYSE:JWN)
Latest Headlines for Nordstrom (NYSE:JWN)
Source:
DateHeadline
americanbankingnews.com logoNordstrom (JWN) Given News Impact Score of 0.08
www.americanbankingnews.com - April 23 at 8:33 PM
americanbankingnews.com logoTraders Buy Large Volume of Call Options on Nordstrom (JWN)
www.americanbankingnews.com - April 22 at 8:59 AM
247wallst.com logoAmerica’s Largest Mall, With 500 Stores, Turns 25 Years Old
247wallst.com - April 21 at 10:26 AM
investopedia.com logoBrick & Mortar Retailers Could Punish Short Sellers (KSS, JWN)
www.investopedia.com - April 20 at 6:11 PM
finance.yahoo.com logoBrick & Mortar Retailers Could Punish Short Sellers
finance.yahoo.com - April 20 at 6:11 PM
finance.yahoo.com logoTraders Shopping For Bargains Give Retail Stocks a Lift
finance.yahoo.com - April 20 at 11:10 AM
americanbankingnews.com logoNordstrom, Inc. (JWN) Lifted to "Strong-Buy" at Vetr Inc.
www.americanbankingnews.com - April 19 at 12:28 AM
huffingtonpost.com logoThis Graph Shows Just How Much Kellyanne Conway's 'Free Commercial' Helped Boost Ivanka Trump's Sales
www.huffingtonpost.com - April 18 at 3:27 PM
americanbankingnews.com logoNordstrom (JWN) Receives Coverage Optimism Rating of 0.11
www.americanbankingnews.com - April 18 at 12:34 AM
americanbankingnews.com logo Analysts Expect Nordstrom, Inc. (JWN) Will Post Quarterly Sales of $3.35 Billion
www.americanbankingnews.com - April 15 at 8:34 AM
finance.yahoo.com logoHouston Galleria Mall Trust 2015-HGLR -- Moody's Affirms Four Classes of Houston Galleria Mall Trust 2015-HGLR
finance.yahoo.com - April 13 at 10:52 PM
americanbankingnews.com logo$0.27 EPS Expected for Nordstrom, Inc. (JWN) This Quarter
www.americanbankingnews.com - April 13 at 4:17 PM
finance.yahoo.com logoAmericans embrace financial activism after Trump elected, survey says
finance.yahoo.com - April 12 at 7:05 PM
fool.com logoNordstrom, Inc. Investors Should Stay Patient
www.fool.com - April 12 at 8:37 AM
finance.yahoo.com logo[$$] United Is the Latest Company to Fly Into a Social Media Storm
finance.yahoo.com - April 11 at 5:53 PM
finance.yahoo.com logoNordstrom, Inc. breached its 50 day moving average in a Bullish Manner : JWN-US : April 11, 2017
finance.yahoo.com - April 11 at 11:42 AM
americanbankingnews.com logoNordstrom, Inc. (JWN) Cut to Buy at Vetr Inc.
www.americanbankingnews.com - April 10 at 8:27 PM
finance.yahoo.com logoMany happy returns
finance.yahoo.com - April 9 at 5:44 PM
americanbankingnews.com logoNordstrom, Inc. (JWN) Lifted to "Buy" at Vetr Inc.
www.americanbankingnews.com - April 9 at 11:10 AM
americanbankingnews.com logoNordstrom, Inc. (JWN) Downgraded by Vetr Inc.
www.americanbankingnews.com - April 9 at 10:32 AM
americanbankingnews.com logoNordstrom (JWN) Initiates Share Repurchase Plan
www.americanbankingnews.com - April 9 at 8:19 AM
americanbankingnews.com logoNordstrom, Inc. (JWN) Upgraded to "Buy" by Vetr Inc.
www.americanbankingnews.com - April 9 at 12:28 AM
americanbankingnews.com logoNordstrom, Inc. (JWN) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - April 7 at 8:53 PM
finance.yahoo.com logoConsumer Discretionary Sector Continued to Fall on April 4
finance.yahoo.com - April 7 at 10:39 AM
finance.yahoo.com logoConsumers have a new attitude about fashion — and it should terrify H&M, Forever 21, and Zara
finance.yahoo.com - April 7 at 10:39 AM
finance.yahoo.com logoTop 7 Consumer Stocks to Own For 2017
finance.yahoo.com - April 7 at 10:39 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Nordstrom, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - April 7 at 10:39 AM
finance.yahoo.com logoAmazon's fashion brands are growing rapidly — but it'll take awhile to catch Macy's
finance.yahoo.com - April 7 at 10:39 AM
finance.yahoo.com logoNordstrom's e-commerce investment is on the verge of paying off, analysts say
finance.yahoo.com - April 7 at 10:39 AM
finance.yahoo.com logoNordstrom brothers' pay doubles after mixed year of layoffs, market share growth
finance.yahoo.com - April 7 at 10:39 AM
fool.com logoWhy Nordstrom Inc. Stock Popped Today
www.fool.com - April 6 at 2:40 PM
americanbankingnews.com logoInsider Selling: Nordstrom, Inc. (JWN) Insider Sells 7,423 Shares of Stock
www.americanbankingnews.com - April 5 at 3:25 PM
americanbankingnews.com logoNordstrom, Inc. (JWN) Rating Lowered to Sell at Vetr Inc.
www.americanbankingnews.com - April 3 at 11:26 AM
americanbankingnews.com logoCredit Suisse Group AG Analysts Give Nordstrom, Inc. (JWN) a $52.00 Price Target
www.americanbankingnews.com - April 3 at 12:45 AM
fool.com logoThe 3 Best Dividend Stocks in Department Stores
www.fool.com - April 2 at 2:30 PM
finance.yahoo.com logoNordstrom is thriving amid a death spiral in brick-and-mortar retail
finance.yahoo.com - March 31 at 6:07 PM
americanbankingnews.com logoNordstrom, Inc. (JWN) Receives Hold Rating from Royal Bank of Canada
www.americanbankingnews.com - March 31 at 11:47 AM
capitalcube.com logoNordstrom, Inc. breached its 50 day moving average in a Bullish Manner : JWN-US : March 30, 2017
us.rd.yahoo.com - March 30 at 6:26 PM
americanbankingnews.com logoNordstrom's (JWN) Hold Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - March 30 at 9:25 AM
bizjournals.com logoNordstrom taps former Wal-Mart e-commerce exec to tackle supply chain challenges
www.bizjournals.com - March 29 at 6:40 PM
uk.finance.yahoo.com logoUS STOCKS-Energy, consumer shares lift S&P 500 to slight gain
uk.finance.yahoo.com - March 29 at 6:40 PM
bizjournals.com logoNordstrom lays off customer service reps in latest round of job cuts
www.bizjournals.com - March 29 at 6:40 PM
americanbankingnews.com logoNordstrom, Inc. (JWN) Lowered to Sell at Vetr Inc.
www.americanbankingnews.com - March 29 at 12:25 AM
us.rd.yahoo.com logoIs Nordstrom Still Expensive After Falling?
us.rd.yahoo.com - March 28 at 5:42 PM
americanbankingnews.com logoNordstrom's (JWN) Hold Rating Reiterated at BMO Capital Markets
www.americanbankingnews.com - March 27 at 10:15 PM
finance.yahoo.com logoThe Black Tux to Launch Formal Wear Rental Shops at Nordstrom
finance.yahoo.com - March 27 at 5:39 PM
americanbankingnews.com logoNordstrom, Inc. (JWN) Given a $47.00 Price Target by Royal Bank of Canada Analysts
www.americanbankingnews.com - March 27 at 2:49 PM
us.rd.yahoo.com logoPRESS DIGEST- New York Times business news - March 27
us.rd.yahoo.com - March 27 at 10:45 AM
us.rd.yahoo.com logoWhy Is Nordstrom (JWN) Down 4.5% Since the Last Earnings Report?
us.rd.yahoo.com - March 27 at 10:45 AM
fool.com logo3 Top Dividend Stocks Selling for a Discount This Spring
www.fool.com - March 27 at 10:45 AM

Social

Frequently Asked Questions for Nordstrom (NYSE:JWN)

What is Nordstrom's stock symbol?

Nordstrom trades on the New York Stock Exchange (NYSE) under the ticker symbol "JWN."

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

Nordstrom announced a quarterly dividend on Friday, February 17th. Stockholders of record on Wednesday, March 1st will be paid a dividend of $0.37 per share on Wednesday, March 15th. This represents a $1.48 annualized dividend and a dividend yield of 3.13%. The ex-dividend date is Monday, February 27th.

How will Nordstrom's stock buyback program work?

Nordstrom declared that its Board of Directors has approved a stock buyback program on Sunday, April 9th 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

How were Nordstrom's earnings last quarter?

Nordstrom, Inc. (NYSE:JWN) posted its quarterly earnings results on Thursday, February, 23rd. The company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.22. The business had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.36 billion. Nordstrom had a net margin of 2.28% and a return on equity of 58.85%. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.17 EPS.

When will Nordstrom make its next earnings announcement?

Nordstrom is scheduled to release their next quarterly earnings announcement on Thursday, May, 11th 2017.

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

Nordstrom issued an update on its FY18 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of $2.75-3.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.08. The company issued revenue guidance of +3-4% (Approx $14.9-15.0 billion), compared to the consensus revenue estimate of $15.16 billion.

Where is Nordstrom's stock going? Where will Nordstrom's stock price be in 2017?

27 analysts have issued 12 month price objectives for Nordstrom's stock. Their forecasts range from $34.00 to $61.00. On average, they expect Nordstrom's share price to reach $46.98 in the next twelve months.

What are analysts saying about Nordstrom stock?

Here are some recent quotes from research analysts about Nordstrom stock:

  • 1. According to Zacks Investment Research, "Nordstrom’s shares have outperformed the broader industry over the past one year, as the company has been gaining from its focus on enhancing customer experience and productivity. Driven by these efforts, the company posted solid fourth-quarter fiscal 2016 earnings, which rose year over year and marked its third straight beat. Results were aided by solid inventory management and operational efficiencies, which also helped gross margin expansion. Additionally, the company generated record sales in fiscal 2016, largely backed by solid online sales, which formed nearly 25% of the company’s business. Overall, we commend Nordstrom’s strong brand image, cost saving initiatives and store expansion efforts. The company’s progress on its 2020 strategy also bodes well. However, volatile consumer behavior, sluggish store traffic and a tough retail environment remain concerns. Stiff competition from other players also poses threats." (2/28/2017)
  • 2. Cowen and Company analysts commented, "JWN remains our favorite department store stock idea in a tough sector as full-price department store sectors/concepts (M, KSS, HBC, JCP) are experiencing share losses vs. off-price channel and Amazon; meanwhile, apparel continues to struggle to obtain healthy pricing trends as both fast fashion, deep-value fashion, and lack of dominant fashion trends hurts. We think sentiment and selling trends on the West Coast (45% of JWN's store base) could be volatile given volatility in technology stocks ' despite relatively solid S&P500 performance. We note that in the past 5 yrs, JWN has guided next year below Street an average of 6%. Elevated short interest could yield a short squeeze if results are better-than-feared, which would send the stock higher. Short Interest as a % of Float is ~21%." (2/13/2017)

Who owns Nordstrom stock?

Nordstrom's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.57%), Douglas Lane & Associates LLC (0.23%), Gateway Investment Advisers LLC (0.14%), Confluence Investment Management LLC (0.13%), Baldwin Brothers Inc. MA (0.12%) and BTIM Corp. (0.08%). Company insiders that own Nordstrom stock include Blake W Nordstrom, Daniel F Little, Enrique Hernandez Jr, Geevy Sk Thomas, Michael G Koppel, Peter E Nordstrom, Philip G Satre and Scott A Meden.

Who sold Nordstrom stock? Who is selling Nordstrom stock?

Nordstrom's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, BTIM Corp., Nationwide Fund Advisors, UMB Bank N A MO, Douglas Lane & Associates LLC, Capstone Asset Management Co., New England Research & Management Inc. and Gateway Investment Advisers LLC. Company insiders that have sold Nordstrom stock in the last year include Blake W Nordstrom, Daniel F Little, Enrique Hernandez Jr, Michael G Koppel, Peter E Nordstrom and Scott A Meden.

Who bought Nordstrom stock? Who is buying Nordstrom stock?

Nordstrom's stock was purchased by a variety of institutional investors in the last quarter, including Centre Asset Management LLC, Candriam Luxembourg S.C.A., Confluence Investment Management LLC, DnB Asset Management AS, Nisa Investment Advisors LLC, Cribstone Capital Management LLC, Moreno Evelyn V and Cutler Group LP.

How do I buy Nordstrom stock?

Shares of Nordstrom can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Nordstrom stock cost?

One share of Nordstrom stock can currently be purchased for approximately $47.23.

Nordstrom (JWN) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by MarketBeat.com Staff