Nordstrom Company Profile (NYSE:JWN)

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

Nordstrom declared a quarterly dividend on Tuesday, May 16th. Shareholders of record on Friday, May 26th will be paid a dividend of $0.37 per share on Monday, June 12th. This represents a $1.48 annualized dividend and a yield of 3.16%. The ex-dividend date is Wednesday, May 24th. View Nordstrom's Dividend History.

Nordstrom announced that its board has authorized a stock repurchase program on Sunday, April 9th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Nordstrom, Inc. (NYSE:JWN) posted its quarterly earnings data on Thursday, August, 11th. The company reported $0.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.11. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.67 billion. Nordstrom had a return on equity of 69.16% and a net margin of 2.51%. The business's revenue for the quarter was down .2% on a year-over-year basis. During the same period in the prior year, the company earned $0.93 EPS. View Nordstrom's Earnings History.

Nordstrom updated its FY18 earnings guidance on Thursday, May, 11th. The company provided earnings per share guidance of $2.75-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.93.

24 analysts have issued 1 year price objectives for Nordstrom's stock. Their predictions range from $35.00 to $60.00. On average, they expect Nordstrom's share price to reach $47.43 in the next twelve months. View Analyst Ratings for Nordstrom.

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

• 1. Nomura analysts commented, "After the close yesterday, HAIN said it will publish results by end of May. The stock is up 5% pre-market. We continue to expect minimal revision to earnings, and think HAIN offers value at 18x our FY18 EPS estimates (which is 8% below consensus). Despite slowing, apparently, underlying top line trends, we see value." (5/12/2017)
• 2. According to Zacks Investment Research, "Nordstrom’s shares have outperformed the broader industry on a year to date basis, as the company has been gaining from its focus on enhancing customer experience and productivity. We also commend Nordstrom’s strong brand image, cost saving initiatives and store expansion efforts. Further, the company’s progress on its 2020 strategy bodes well. Estimates have been stable lately ahead of the company’s first-quarter results. Moreover, the company has a record of positive earnings surprises in recent quarters. However, the company’s presence in the consumer-driven apparel space, keeps the company exposed to the risks of changing tastes, preferences and spending behavior of consumers. Also, stiff competition from other players remains a threat to margins. Further, the seasonal nature of the company’s business may hurt results if any season fails to deliver." (5/10/2017)
• 3. 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)

Some companies that are related to Nordstrom include Ulta Beauty (ULTA), Restaurant Brands International (QSR), AutoZone (AZO), Whole Foods Market (WFM), L Brands (LB), MercadoLibre (MELI), Fastenal Company (FAST), CarMax (KMX), Tiffany & Co. (TIF), Darden Restaurants (DRI), Domino's Pizza (DPZ), Liberty Interactive Corporation (QVCA), Metro AG (MTTRY), Chipotle Mexican Grill (CMG), Burberry Group PLC (BURBY), Gap, Inc. (The) (GPS), Kingfisher plc (KGFHY) and IAC/InterActiveCorp (IAC).

Nordstrom's management team includes the folowing people:

• Blake W. Nordstrom, Co-President, Director
• Erik B. Nordstrom, Co-President, Director
• Peter E. Nordstrom, Co-President, Director
• Anne L. Bramman, Chief Financial Officer
• Daniel F. Little, Executive Vice President, Chief Information Officer
• Scott A. Meden, Executive Vice President, Chief Marketing Officer
• Robert B. Sari, Executive Vice President, General Counsel, Secretary
• Christine F. Deputy, Executive Vice President Human Resources
• Karen S. McKibbin, Executive Vice President and President, Nordstrom Rack
• James F. Nordstrom Jr., Executive Vice President and President – Stores

Nordstrom's stock is owned by a variety of of retail and institutional investors. Top institutional investors include NORDSTROM BRUCE A (15.50%), NORDSTROM BRUCE A (15.50%), GITTINGER ANNE E (9.30%), APG Asset Management N.V. (0.86%), Ardevora Asset Management LLP (0.38%) and Douglas Lane & Associates LLC (0.25%). 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. View Institutional Ownership Trends for Nordstrom.

Nordstrom's stock was sold by a variety of institutional investors in the last quarter, including Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC, Aperio Group LLC, US Bancorp DE, Creative Planning, Nisa Investment Advisors LLC, Exxonmobil Investment Management Inc. TX and New England Research & Management Inc.. 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. View Insider Buying and Selling for Nordstrom.

Nordstrom's stock was purchased by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Douglas Lane & Associates LLC, NN Investment Partners Holdings N.V., Mn Services Vermogensbeheer B.V., APG Asset Management N.V., Confluence Investment Management LLC, Centre Asset Management LLC and Visionary Asset Management Inc.. View Insider Buying and Selling for Nordstrom.

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.

One share of Nordstrom stock can currently be purchased for approximately $46.90.