NYSE:JWN - Nordstrom Stock Price, Price Target & More

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

Nordstrom announced a quarterly dividend on Tuesday, May 8th. Investors of record on Friday, May 18th will be given a dividend of $0.37 per share on Monday, June 4th. This represents a $1.48 annualized dividend and a dividend yield of 2.81%. The ex-dividend date is Thursday, May 17th. View Nordstrom's Dividend History.

Nordstrom declared that its Board of Directors has initiated a share repurchase program on Sunday, April 9th 2017, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Nordstrom, Inc. (NYSE:JWN) issued its quarterly earnings results on Thursday, May, 17th. The specialty retailer reported $0.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.08. The specialty retailer had revenue of $3.56 billion for the quarter, compared to analysts' expectations of $3.47 billion. Nordstrom had a net margin of 2.96% and a return on equity of 55.75%. During the same period in the prior year, the business earned $0.37 EPS. View Nordstrom's Earnings History.

Nordstrom is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Nordstrom.

Nordstrom issued an update on its FY19 earnings guidance on Thursday, May, 17th. The company provided EPS guidance of $3.35-3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.44. The company issued revenue guidance of $15.2-15.4 billion, compared to the consensus revenue estimate of $15.70 billion.

19 brokerages have issued twelve-month target prices for Nordstrom's stock. Their predictions range from $35.00 to $57.00. On average, they expect Nordstrom's stock price to reach $49.4375 in the next year. This suggests that the stock has a possible downside of 6.0%. View Analyst Ratings for Nordstrom.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 1 sell rating, 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News stories about JWN stock have been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nordstrom earned a news sentiment score of 0.08 on Accern's scale. They also gave media coverage about the specialty retailer an impact score of 45.93 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Nordstrom's stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.58%), Confluence Investment Management LLC (0.12%), Gateway Investment Advisers LLC (0.09%), Dubuque Bank & Trust Co. (0.09%), West Coast Financial LLC (0.08%) and Westpac Banking Corp (0.07%). Company insiders that own Nordstrom stock include Blake W Nordstrom, Daniel F Little, Enrique Hernandez Jr, Erik B Nordstrom, James F Nordstrom Jr, Ken Worzel, Michael G Koppel, 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 Confluence Investment Management LLC, Westpac Banking Corp, Empirical Finance LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Hartford Investment Management Co., Dubuque Bank & Trust Co. and Washington Trust Bank. Company insiders that have sold Nordstrom company stock in the last year include Erik B Nordstrom, James F Nordstrom Jr, Ken Worzel, Peter E Nordstrom and Scott A Meden. View Insider Buying and Selling for Nordstrom.

JWN stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, Lourd Capital LLC, Windward Capital Management Co. CA, Cohen Klingenstein LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and DnB Asset Management AS. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of JWN stock can currently be purchased for approximately $52.59.

Nordstrom has a market capitalization of $9.04 billion and generates $15.14 billion in revenue each year. The specialty retailer earns $437 million in net income (profit) each year or $2.96 on an earnings per share basis. Nordstrom employs 72,500 workers across the globe.

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]