NYSE:JWNNordstrom Stock Price, Forecast & 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 decreased by 32.9% and is now trading at $16.13. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 5 sell ratings, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Nordstrom.

Nordstrom is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020. View our earnings forecast for Nordstrom.

Nordstrom, Inc. (NYSE:JWN) released its quarterly earnings data on Thursday, May, 28th. The specialty retailer reported ($2.23) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($1.07) by $1.16. The specialty retailer earned $2.03 billion during the quarter, compared to the consensus estimate of $2.27 billion. Nordstrom had a positive return on equity of 16.22% and a negative net margin of 0.43%. The business's quarterly revenue was down 39.5% on a year-over-year basis. During the same quarter last year, the business earned $0.23 earnings per share. View Nordstrom's earnings history.

Nordstrom declared a quarterly dividend on Thursday, February 27th. Investors of record on Tuesday, March 10th will be given 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 9.18%. The ex-dividend date of this dividend is Monday, March 9th. View Nordstrom's dividend history.

Nordstrom announced that its board has authorized a stock 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 purchase up to 14.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

Nordstrom updated its FY21 earnings guidance on Tuesday, March, 3rd. The company provided earnings per share (EPS) guidance of $3.25-3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.40. The company issued revenue guidance of $15.76-15.91 billion, compared to the consensus revenue estimate of $15.85 billion.

18 Wall Street analysts have issued twelve-month price objectives for Nordstrom's shares. Their forecasts range from $13.00 to $48.00. On average, they anticipate Nordstrom's stock price to reach $30.50 in the next year. This suggests a possible upside of 89.1% from the stock's current price. View analysts' price targets for Nordstrom.

News articles about JWN stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nordstrom earned a media sentiment score of -3.4 on InfoTrie's scale. They also assigned news coverage about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutNordstrom.

Some companies that are related to Nordstrom include GAP (GPS), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Childrens Place (PLCE), Lands' End (LE), Destination XL Group (DXLG), Stein Mart (SMRT) and Stage Stores (SSI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordstrom investors own include Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC), Starbucks (SBUX), Boeing (BA), Cisco Systems (CSCO), Home Depot (HD), Bank of America (BAC), General Electric (GE) and Gilead Sciences (GILD).

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

Nordstrom's stock is owned by a number of retail and institutional investors. Top institutional investors include Capital World Investors (7.75%), BlackRock Inc. (5.46%), State Street Corp (4.14%), JPMorgan Chase & Co. (3.55%), Bank of New York Mellon Corp (3.34%) and Prudential PLC (1.45%). Company insiders that own Nordstrom stock include Anne L Bramman, 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.

JWN stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Bank of New York Mellon Corp, Staley Capital Advisers Inc., Wells Fargo & Company MN, Exchange Traded Concepts LLC, Principal Financial Group Inc., Korea Investment CORP, and HighTower Advisors LLC. Company insiders that have sold Nordstrom company stock in the last year include Anne L Bramman, Christine Deputy, 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 Capital World Investors, Prudential PLC, APG Asset Management N.V., Morgan Stanley, Morgan Stanley, Skandinaviska Enskilda Banken AB publ , Waddell & Reed Financial Inc., and Todd Asset Management 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 $16.13.

Nordstrom has a market capitalization of $2.52 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]