Nordstrom, Inc. is a fashion specialty retailer in the United States. The company operates through two segments: Retail and Credit. The Retail segment includes approximately 115 Nordstrom branded full-line stores in the United States and Nordstrom.com, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, Nordstromrack.com and HauteLook, and other retail channels, including five Trunk Club showrooms and TrunkClub.com, its two Jeffrey boutiques and one clearance store that operates under the name Last Chance. Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card. The Company operated 290 United States stores located in 38 states, as well as an e-commerce business through Nordstrom.com, Nordstromrack.com and HauteLook and TrunkClub.com, as of March 16, 2015. It also operates two Nordstrom full-line stores in Canada.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Apparel Stores
- Sub-Industry: Department Stores
- Exchange: NYSE
- Symbol: JWN
- CUSIP: 65566410
- Previous Close: $45.69
- 50 Day Moving Average: $45.23
- 200 Day Moving Average: $50.61
- 52-Week Range: $35.01 - $62.82
- Trailing P/E Ratio: 24.32
- Foreward P/E Ratio: 14.93
- P/E Growth: 3.12
- Market Cap: $7.92B
- Outstanding Shares: 173,342,000
- Beta: 1.01
- Net Margins: 2.28%
- Return on Equity: 58.85%
- Return on Assets: 6.62%
Companies Related to Nordstrom:
- Debt-to-Equity Ratio: 3.22%
- Current Ratio: 1.04%
- Quick Ratio: 0.30%
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. Investors 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 3.24%. The ex-dividend date of this dividend is Monday, February 27th.
Where is Nordstrom's stock going? Where will Nordstrom's stock price be in 2017?
28 brokerages have issued twelve-month price targets for Nordstrom's shares. Their predictions range from $34.00 to $61.00. On average, they expect Nordstrom's share price to reach $46.85 in the next twelve months.
When will Nordstrom announce their earnings?
Nordstrom is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.
What are analysts saying about Nordstrom stock?
Here are some recent quotes from research analysts about Nordstrom stock:
According to Zacks Investment Research, "Nordstrom has underperformed the Zacks categorized sector in the last one year. The company’s presence in the consumer-driven apparel space, keeps it exposed to the risks of changing tastes, preferences and spending behavior of consumers. Also, stiff competition remains a threat to margins. Nonetheless, Nordstrom's strong brand image, amendments to operating model to generate cost savings, and continuous store expansion efforts remain its driving factors. The company’s progress on its 2020 strategy also bodes well. Further, we believe Nordstrom’s technological advancements; efforts to enhance supply-chain network and marketing endeavors should further its overall growth. Backed by these factors and a solid third quarter, the company also raised its fiscal 2016 view. However, estimates have been going down lately, ahead of the fourth-quarter earnings release. This again, raises concerns over Nordstrom's future performance." (2/17/2017)
- 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 retail and institutional investors. Top institutional shareholders include State Street Corp (3.56%), Fiera Capital Corp (0.46%), Dimensional Fund Advisors LP (0.39%), Edge Asset Management Inc. (0.32%), Franklin Resources Inc. (0.32%) and Guggenheim Capital LLC (0.27%). Company insiders that own Nordstrom stock include Alison A Winter, Blake W Nordstrom, Daniel F Little, Enrique Hernandez Jr, Erik B Nordstrom, Geevy Sk Thomas, Ken Worzel, 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 Franklin Resources Inc., NWQ Investment Management Company LLC, Edge Asset Management Inc., Federated Investors Inc. PA, State Street Corp, Baird Financial Group Inc., Ranger Investment Management L.P. and Zurich Insurance Group Ltd FI. Company insiders that have sold Nordstrom stock in the last year include Blake W Nordstrom, Daniel F Little, Enrique Hernandez Jr, Geevy Sk Thomas, Michael G Koppel and Scott A Meden.
Who bought Nordstrom stock? Who is buying Nordstrom stock?
Nordstrom's stock was bought by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Ardevora Asset Management LLP, Asset Management One Co. Ltd., A.R.T. Advisors LLC, Artemis Investment Management LLP, Marshall Wace LLP, Janus Capital Management LLC and Calamos Advisors LLC.
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 $45.69.