NYSE:JWN - Nordstrom Stock Price, News, & Analysis

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$34.35 -3.50 (-9.25 %)
(As of 05/23/2019 09:29 AM ET)
Previous Close$37.85
Today's Range$33.75 - $35.21
52-Week Range$33.75 - $67.75
Volume15.98 million shs
Average Volume3.21 million shs
Market Capitalization$5.32 billion
P/E Ratio9.68
Dividend Yield3.91%
Beta0.48
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. As of May 1, 2019, the company operated 379 stores in 40 states, including 119 full-line stores in the United States, Canada, and Puerto Rico; 246 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 6 Trunk Club clubhouses; and 3 Nordstrom Local service concepts. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.

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Industry, Sector and Symbol

Industry Family clothing stores
Sub-IndustryDepartment Stores
SectorRetail/Wholesale
CUSIP65566410
Phone206-628-2111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.86 billion
Cash Flow$6.4934 per share
Book Value$5.22 per share

Profitability

Net Income$564 million

Miscellaneous

Employees71,000
Market Cap$5.32 billion
Next Earnings Date8/15/2019 (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 announced a quarterly dividend on Wednesday, February 27th. Stockholders of record on Monday, March 11th will be given a dividend of $0.37 per share on Tuesday, March 26th. This represents a $1.48 annualized dividend and a dividend yield of 4.31%. The ex-dividend date of this dividend is Friday, March 8th. View Nordstrom's Dividend History.

How will Nordstrom's stock buyback program work?

Nordstrom announced that its Board of Directors has initiated a share repurchase program on Wednesday, August 22nd 2018, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 14.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

How were Nordstrom's earnings last quarter?

Nordstrom, Inc. (NYSE:JWN) posted its earnings results on Tuesday, May, 21st. The specialty retailer reported $0.23 EPS for the quarter, missing the consensus estimate of $0.43 by $0.20. The specialty retailer earned $3.44 billion during the quarter, compared to analysts' expectations of $3.54 billion. Nordstrom had a net margin of 3.27% and a return on equity of 52.45%. During the same quarter in the previous year, the company posted $0.51 earnings per share. View Nordstrom's Earnings History.

When is Nordstrom's next earnings date?

Nordstrom is scheduled to release their next quarterly earnings announcement on Thursday, August 15th 2019. View Earnings Estimates for Nordstrom.

What guidance has Nordstrom issued on next quarter's earnings?

Nordstrom updated its FY20 earnings guidance on Tuesday, May, 21st. The company provided earnings per share guidance of $3.25-3.65 for the period, compared to the Thomson Reuters consensus estimate of $3.73. Nordstrom also updated its FY 2019 guidance to $3.25-3.65 EPS.

What price target have analysts set for JWN?

21 brokerages have issued 1 year price targets for Nordstrom's stock. Their predictions range from $32.00 to $73.00. On average, they anticipate Nordstrom's stock price to reach $44.47 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price. View Analyst Price Targets for Nordstrom.

What is the consensus analysts' recommendation for Nordstrom?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 3 sell ratings, 15 hold ratings and 3 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 boasts a robust earnings surprise trend. The company delivered solid earnings in fourth-quarter fiscal 2018, marking 10th bottom-line beat in trailing 11 quarters. Earnings also grew year over year due to lower tax expenses. Also, an encouraging guidance for fiscal 2019 drives optimism. The company has been progressing well with its customer-based strategy, thus remains on track to reach its 2020 financial targets. Its focus on store expansion, loyalty program and investments in digital growth is also noteworthy. However, the stock has underperformed the industry in the past three months due to strained gross margin for a while now. Increased markdowns from soft sales trends in full-price stores and higher promotions hurt gross margin in the fiscal fourth quarter. Further, the company lagged sales estimates after three straight beats. Higher expenses toward store-openings, technology and supply chain are added concerns." (5/13/2019)
  • 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?

Press coverage about JWN stock has trended very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nordstrom earned a news impact score of -3.8 on InfoTrie's scale. They also gave headlines about the specialty retailer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Nordstrom's key competitors?

What other stocks do shareholders of Nordstrom own?

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

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 a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.36%), JPMorgan Chase & Co. (4.74%), Northern Trust Corp (1.07%), Geode Capital Management LLC (1.06%), Janus Henderson Group PLC (0.90%) and Dimensional Fund Advisors LP (0.89%). 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 major investors are selling Nordstrom stock?

JWN stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., AQR Capital Management LLC, Blair William & Co. IL, Principal Financial Group Inc., Goldman Sachs Group Inc., California Public Employees Retirement System and Morgan Stanley. Company insiders that have sold Nordstrom company stock in the last year include Blake W Nordstrom, Christine Deputy, Erik B Nordstrom, James F Nordstrom Jr, Ken Worzel, Peter E Nordstrom and Robert Sari. View Insider Buying and Selling for Nordstrom.

Which major investors are buying Nordstrom stock?

JWN stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Renaissance Technologies LLC, Bridgewater Associates LP, Tobam, Dimensional Fund Advisors LP, Andra AP fonden, Victory Capital Management Inc. and Stevens Capital Management LP. 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 $34.35.

How big of a company is Nordstrom?

Nordstrom has a market capitalization of $5.32 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.

What is Nordstrom's official website?

The official website for Nordstrom is http://www.nordstrom.com/.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  917 (Vote Outperform)
Underperform Votes:  963 (Vote Underperform)
Total Votes:  1,880
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.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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