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. Shareholders of record on Friday, May 18th will be paid a dividend of $0.37 per share on Monday, June 4th. This represents a $1.48 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend is Thursday, May 17th. View Nordstrom's Dividend History.

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

Nordstrom, Inc. (NYSE:JWN) issued its earnings results on Thursday, May, 17th. The specialty retailer reported $0.51 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.08. The specialty retailer had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.47 billion. Nordstrom had a return on equity of 55.75% and a net margin of 2.96%. During the same quarter in the previous 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 earnings per share (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 equities research analysts have issued 12-month price targets for Nordstrom's stock. Their forecasts range from $35.00 to $57.00. On average, they expect Nordstrom's share price to reach $49.4375 in the next year. This suggests that the stock has a possible downside of 5.7%. 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), Destination XL Group (DXLG), Stein Mart (SMRT) and Stage Stores (SSI).

News headlines about JWN stock have trended somewhat positive on Tuesday, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nordstrom earned a daily sentiment score of 0.12 on Accern's scale. They also gave news articles about the specialty retailer an impact score of 45.39 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Nordstrom's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BANK OF NEW YORK MELLON CORP (4.86%), Bank of Montreal Can (0.58%), Confluence Investment Management LLC (0.12%), Gateway Investment Advisers LLC (0.09%), West Coast Financial LLC (0.08%) and Empirical Finance LLC (0.03%). 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, Empirical Finance LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund 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 bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Gateway Investment Advisers LLC, Windward Capital Management Co. CA, Cohen Klingenstein LLC, DnB Asset Management AS, Welch & Forbes LLC, Contravisory Investment Management Inc. and State of Alaska Department of Revenue. 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 $52.43.

Nordstrom has a market capitalization of $8.73 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]