Nordstrom Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Nordstrom stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JWN, but not buy additional shares or sell existing shares.
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Nordstrom saw a drop in short interest in March. As of March 31st, there was short interest totaling 12,950,000 shares, a drop of 25.0% from the March 15th total of 17,270,000 shares. Based on an average daily volume of 4,230,000 shares, the short-interest ratio is currently 3.1 days. Approximately 11.9% of the shares of the stock are sold short.
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Nordstrom is scheduled to release its next quarterly earnings announcement on Thursday, May 27th 2021.
View our earnings forecast for Nordstrom.

Nordstrom, Inc. (NYSE:JWN) released its earnings results on Monday, March, 1st. The specialty retailer reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.07. The specialty retailer had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.59 billion. Nordstrom had a negative trailing twelve-month return on equity of 77.24% and a negative net margin of 4.57%. Nordstrom's revenue for the quarter was down 20.0% on a year-over-year basis. During the same period last year, the firm earned $1.23 EPS.
View Nordstrom's earnings history.

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. Since then, JWN stock has increased by 49.6% and is now trading at $35.94.
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Nordstrom updated its FY 2021 After-Hours earnings guidance on Tuesday, March, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $13.394 billion, compared to the consensus revenue estimate of $13.46 billion.

13 brokers have issued 1-year price objectives for Nordstrom's stock. Their forecasts range from $13.00 to $48.00. On average, they anticipate Nordstrom's share price to reach $33.00 in the next year. This suggests that the stock has a possible downside of 8.2%.
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1,086 employees have rated Nordstrom CEO Erik B. Nordstrom and Peter E. Nordstrom on Glassdoor.com. Erik B. Nordstrom and Peter E. Nordstrom has an approval rating of 86% among Nordstrom's employees.

Some companies that are related to Nordstrom include The Gap (GPS), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Abercrombie & Fitch (ANF), The Buckle (BKE), The Children's Place (PLCE), Lands' End (LE), Destination XL Group (DXLG), Stein Mart (SMRTQ), Stage Stores (SSINQ) and PreVu (PRVU).
View all of JWN's competitors.

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 a number of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.09%), Kwmg LLC (0.05%), Founders Capital Management LLC (0.03%), Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.01%) and Welch & Forbes LLC (0.01%). 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 Kwmg LLC, Carroll Financial Associates Inc., State of Alaska Department of Revenue, Welch & Forbes LLC, and Pacer Advisors Inc.. Company insiders that have sold Nordstrom company stock in the last year include Christine Deputy, Erik B Nordstrom, Ken Worzel, and Peter E Nordstrom.
View insider buying and selling activity for Nordstrom or view top insider-selling stocks.

JWN stock was purchased by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Highland Private Wealth Management, Louisiana State Employees Retirement System, Founders Capital Management LLC, Private Capital Group LLC, and Retirement Systems of Alabama.
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Shares of JWN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JWN stock can currently be purchased for approximately $35.94.

Nordstrom has a market capitalization of $5.67 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 62,000 workers across the globe.

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

Nordstrom is headquartered at 1617 SIXTH AVENUE, SEATTLE WA, 98101.

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]