NYSE:JWNNordstrom Stock Price, Forecast & News

Nordstrom's stock was trading at $24.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, JWN stock has decreased by 35.5% and is now trading at $15.50. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 4 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) posted its quarterly earnings results on Thursday, May, 28th. The specialty retailer reported ($2.23) EPS for the quarter, missing the consensus estimate of ($1.07) by $1.16. The specialty retailer earned $2.03 billion during the quarter, compared to analyst estimates of $2.27 billion. Nordstrom had a negative net margin of 0.43% and a positive return on equity of 18.75%. The business's revenue for the quarter was down 39.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 EPS. View Nordstrom's earnings history.

Nordstrom declared a quarterly dividend on Thursday, February 27th. Stockholders 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 annualized dividend and a dividend yield of 9.55%. The ex-dividend date is Monday, March 9th. View Nordstrom's dividend history.

Nordstrom announced that its Board of Directors has authorized a share buyback program on Wednesday, August 22nd 2018, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 14.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its shares are undervalued.

17 brokerages have issued 12 month target prices for Nordstrom's shares. Their forecasts range from $13.00 to $48.00. On average, they anticipate Nordstrom's stock price to reach $30.40 in the next twelve months. This suggests a possible upside of 96.1% from the stock's current price. View analysts' price targets for Nordstrom.

Media headlines about JWN stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nordstrom earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media coverage about the specialty retailer a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the immediate future. View the latest news about Nordstrom.

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

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 $15.50.

Nordstrom has a market capitalization of $2.42 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]