Nordstrom, Inc, a fashion retailer, provides apparel, shoes, cosmetics, and accessories 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 full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals.
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Industry, Sector and Symbol
Industry Family clothing stores
Sub-IndustryDepartment Stores
SectorRetail/Wholesale
Phone206-628-2111
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$15.86 billion
Profitability
Miscellaneous
Employees71,000
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable
Nordstrom (NYSE:JWN) Frequently Asked Questions
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 declared a quarterly dividend on Tuesday, August 20th. Investors of record on Friday, August 30th will be given a dividend of $0.37 per share on Monday, September 16th. This represents a $1.48 annualized dividend and a yield of 4.81%. The ex-dividend date is Thursday, August 29th. View Nordstrom's Dividend History.
How will Nordstrom's stock buyback program work?
Nordstrom declared that its board has approved a share buyback plan on Wednesday, August 22nd 2018, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 14.4% of its shares through open market purchases. Shares buyback plans 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) issued its quarterly earnings data on Wednesday, August, 21st. The specialty retailer reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.76 by $0.14. The specialty retailer had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.92 billion. Nordstrom had a net margin of 3.27% and a return on equity of 58.16%. The company's quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.95 EPS. View Nordstrom's Earnings History.
When is Nordstrom's next earnings date?
What guidance has Nordstrom issued on next quarter's earnings?
Nordstrom issued an update on its FY20 earnings guidance on Wednesday, August, 21st. The company provided earnings per share (EPS) guidance of $3.25-3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.27.
What price target have analysts set for JWN?
19 equities research analysts have issued twelve-month target prices for Nordstrom's shares. Their forecasts range from $24.00 to $60.00. On average, they expect Nordstrom's stock price to reach $38.4268 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Nordstrom.
What is the consensus analysts' recommendation for Nordstrom?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 3 sell ratings, 14 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nordstrom.
What are Wall Street analysts saying about Nordstrom stock?
Here are some recent quotes from research analysts about Nordstrom stock:
- 1. According to Zacks Investment Research, "Nordstrom underperformed the industry in the past six months due to a soft gross margin trend. The stock came under pressure when the company reported dismal first-quarter fiscal 2019 results and trimmed view for the fiscal year. While its earnings missed estimates after four consecutive beats, sales lagged for the second straight quarter. Results were hurt by the persistence of soft sales trends in full-price stores in the fiscal first quarter. Moreover, the top line was hurt by the company’s loyalty program, digital marketing and merchandise. These factors also contributed to a slower rate of growth in digital sales in comparison with the last fiscal year. Higher expenses for store openings, technology and supply chain are added concerns. Nevertheless, Nordstrom’s store-expansion efforts and customer-based strategy appear encouraging. Also, the company remains on track to accomplish its financial targets by 2020." (5/24/2019)
- 2. Guggenheim analysts commented, "We view JWN’s top-line strategy (brands, e-comm, local market) and profitability initiatives positively, but believe shares are fairly valued at their current premium vs. dept. store peers; remain NEUTRAL." (2/28/2019)
Has Nordstrom been receiving favorable news coverage?
Headlines about JWN stock have been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nordstrom earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the specialty retailer a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Nordstrom.
Are investors shorting Nordstrom?
Nordstrom saw a increase in short interest in July. As of July 31st, there was short interest totalling 28,321,500 shares, an increase of 18.0% from the June 30th total of 23,998,000 shares. Based on an average trading volume of 4,280,000 shares, the days-to-cover ratio is currently 6.6 days. Approximately 24.7% of the company's stock are short sold. View Nordstrom's Current Options Chain.
Who are some of Nordstrom's key competitors?
What other stocks do shareholders of Nordstrom own?
Who are Nordstrom's key executives?
Nordstrom's management team includes the folowing people:
- Mr. Erik B. Nordstrom, Co-Pres, Principal Exec. Officer & Director (Age 55)
- Mr. Peter E. Nordstrom, Co-Pres & Director (Age 57)
- Ms. Anne L. Bramman, Chief Financial Officer (Age 51)
- Ms. Christine F. Deputy, Chief HR Officer (Age 53)
- Mr. Kenneth J. Worzel, Chief Digital Officer & Pres of Nordstrom.com (Age 54)
Who are Nordstrom's major shareholders?
Nordstrom's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.96%), BlackRock Inc. (6.24%), JPMorgan Chase & Co. (4.97%), Bank of New York Mellon Corp (2.67%), Price T Rowe Associates Inc. MD (1.54%) and Schroder Investment Management Group (1.34%). Company insiders that own Nordstrom stock include Blake W Nordstrom, Christine Deputy, Erik B Nordstrom, James F Nordstrom Jr, Ken Worzel, Peter E Nordstrom, Robert Sari and Scott A Meden. View Institutional Ownership Trends for Nordstrom.
Which institutional investors are selling Nordstrom stock?
JWN stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., APG Asset Management N.V., Janus Henderson Group PLC, Janus Henderson Group PLC, Bank of America Corp DE, Renaissance Technologies LLC, Bank of New York Mellon Corp and Robeco Institutional Asset Management B.V.. Company insiders that have sold Nordstrom company stock in the last year include Blake W Nordstrom, Christine Deputy, Erik B Nordstrom, Ken Worzel, Peter E Nordstrom and Robert Sari. View Insider Buying and Selling for Nordstrom.
Which institutional investors are buying Nordstrom stock?
JWN stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Waddell & Reed Financial Inc., BTIM Corp., Schroder Investment Management Group, Nuveen Asset Management LLC, Skandinaviska Enskilda Banken AB publ , JPMorgan Chase & Co. and Todd Asset Management LLC. View Insider Buying and Selling for Nordstrom.
How do I buy shares of Nordstrom?
Shares of JWN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nordstrom's stock price today?
One share of JWN stock can currently be purchased for approximately $30.75.
How big of a company is Nordstrom?
Nordstrom has a market capitalization of $4.76 billion and generates $15.86 billion in revenue each year. The specialty retailer earns $564 million in net income (profit) each year or $3.55 on an earnings per share basis. Nordstrom employs 71,000 workers across the globe.View Additional Information About Nordstrom.
What is Nordstrom's official website?
How can I contact Nordstrom?
Nordstrom's mailing address is 1617 SIXTH AVENUE, SEATTLE WA, 98101. The specialty retailer can be reached via phone at 206-628-2111 or via email at [email protected]
MarketBeat Community Rating for Nordstrom (NYSE JWN)
MarketBeat's community ratings are surveys of what our community members think about Nordstrom and other stocks. Vote "Outperform" if you believe JWN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe JWN will underperform the S&P 500 over the long term. You may vote once every thirty days.
