Nordstrom Stock Forecast, Price & News

Nordstrom's stock was trading at $24.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, JWN stock has increased by 1.0% and is now trading at $24.28.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 4 sell ratings, 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Nordstrom.

Wall Street analysts have given Nordstrom a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nordstrom wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Nordstrom is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020.
View our earnings forecast for Nordstrom.

Nordstrom, Inc. (NYSE:JWN) announced its quarterly earnings data on Tuesday, August, 25th. The specialty retailer reported ($1.62) EPS for the quarter, missing the consensus estimate of ($1.50) by $0.12. The specialty retailer had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $2.40 billion. Nordstrom had a negative net margin of 3.75% and a negative return on equity of 42.65%. Nordstrom's quarterly revenue was down 54.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.90 earnings per share.
View Nordstrom's earnings history.

Nordstrom announced a quarterly dividend on Thursday, February 27th. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.37 per share on Wednesday, March 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date is Monday, March 9th.
View Nordstrom's dividend history.

16 brokers have issued twelve-month price objectives for Nordstrom's shares. Their forecasts range from $13.00 to $48.00. On average, they expect Nordstrom's stock price to reach $26.53 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price.
View analysts' price targets for Nordstrom.

Some companies that are related to Nordstrom include The Gap (GPS), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), The Buckle (BKE), Lands' End (LE), The Children's Place (PLCE), Destination XL Group (DXLG), Stein Mart (SMRTQ), Stage Stores (SSINQ) and PreVu (PRVU).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Nordstrom investors own include Intel (INTC), The Walt Disney (DIS), NVIDIA (NVDA), Starbucks (SBUX), General Electric (GE), AT&T (T), Bank of America (BAC), The Boeing (BA), Pfizer (PFE) and Netflix (NFLX).

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

Nordstrom's stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (2.47%), Wishbone Management LP (2.30%), Douglas Lane & Associates LLC (1.04%), Morgan Stanley (0.98%), Arrowstreet Capital Limited Partnership (0.95%) and LSV Asset Management (0.54%). Company insiders that own Nordstrom stock include Anne L Bramman, Christine Deputy, Erik B Nordstrom, Ken Worzel, Peter E Nordstrom and Scott A Meden.
View institutional ownership trends for Nordstrom.

JWN stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Victory Capital Management Inc., Boston Trust Walden Corp, Charles Schwab Investment Management Inc., Connor Clark & Lunn Investment Management Ltd., Public Employees Retirement System of Ohio, Skandinaviska Enskilda Banken AB publ , and Paloma Partners Management Co. Company insiders that have sold Nordstrom company stock in the last year include Anne L Bramman, Erik B Nordstrom, Peter E Nordstrom, and Scott A Meden.
View insider buying and selling activity for Nordstrom.

JWN stock was bought by a variety of institutional investors in the last quarter, including Wishbone Management LP, Morgan Stanley, Great West Life Assurance Co. Can, Douglas Lane & Associates LLC, Stamos Capital Partners L.P., Pacifica Capital Investments LLC, Hillman Capital Management Inc., and Kovitz Investment Group Partners LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of JWN stock can currently be purchased for approximately $24.28.

Nordstrom has a market capitalization of $3.80 billion and generates $15.52 billion in revenue each year. The specialty retailer earns $496 million in net income (profit) each year or $3.37 on an earnings per share basis. Nordstrom employs 68,000 workers across the globe.

The official website for Nordstrom is www.nordstrom.com.

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]