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

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$42.93 -0.83 (-1.90 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$42.93
Today's Range$42.82 - $43.88
52-Week Range$42.54 - $67.75
Volume3.47 million shs
Average Volume3.33 million shs
Market Capitalization$6.65 billion
P/E Ratio12.09
Dividend Yield3.38%
Beta0.54
Nordstrom, Inc., a fashion retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. The company operates in two segments, Retail and Credit. The Retail segment offers a range of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Trunk Club clubhouses and TrunkClub.com; Jeffrey boutiques; and clearance stores that operate under the Last Chance name. The Credit segment provides access to various payment products and services, including Nordstrom-branded Visa credit cards, a Nordstrom-branded private label credit card, and a debit card. As of February 28, 2019, the company operated 379 stores in 40 states, including 121 full-line stores in the United States, Canada, and Puerto Rico; 244 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$7.0147 per share
Book Value$5.63 per share

Profitability

Net Income$564 million

Miscellaneous

Employees72,500
Market Cap$6.65 billion
Next Earnings Date5/16/2019 (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 declared a quarterly dividend on Wednesday, February 27th. Investors of record on Monday, March 11th will be paid a dividend of $0.37 per share on Tuesday, March 26th. This represents a $1.48 annualized dividend and a yield of 3.45%. The ex-dividend date 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 approved a stock repurchase plan on Wednesday, August 22nd 2018, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 14.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

How were Nordstrom's earnings last quarter?

Nordstrom, Inc. (NYSE:JWN) posted its earnings results on Thursday, February, 28th. The specialty retailer reported $1.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.42 by $0.06. Nordstrom had a return on equity of 57.14% and a net margin of 3.56%. During the same quarter last year, the firm posted $1.20 EPS. View Nordstrom's Earnings History.

When is Nordstrom's next earnings date?

Nordstrom is scheduled to release their next quarterly earnings announcement on Thursday, May 16th 2019. View Earnings Estimates for Nordstrom.

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

Nordstrom issued an update on its FY 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $3.65-3.90 for the period. The company issued revenue guidance of $15.635-15.7896 billion.

What price target have analysts set for JWN?

19 Wall Street analysts have issued 1-year price objectives for Nordstrom's shares. Their predictions range from $43.00 to $75.00. On average, they expect Nordstrom's stock price to reach $52.2588 in the next year. This suggests a possible upside of 21.7% from the stock's current price. View Analyst Price Targets for Nordstrom.

What is the consensus analysts' recommendation for Nordstrom?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 3 sell ratings, 12 hold ratings and 4 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, "Although shares of Nordstrom have declined in a year, it has outperformed the industry. Further, 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 company is witnessing 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." (3/19/2019)
  • 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?

News stories about JWN stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nordstrom earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.

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), Netflix (NFLX), Boeing (BA), Home Depot (HD), Citigroup (C), Bank of America (BAC), Cisco Systems (CSCO) and General Electric (GE).

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)
  • Mr. Geevy S. K. Thomas, Pres of Nordstrom Rack (Age 54)
  • Ms. Kelley K. Hall, Chief Accounting Officer & Treasurer (Age 47)

Who are Nordstrom's major shareholders?

Nordstrom's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.27%), Boston Partners (3.79%), Bank of New York Mellon Corp (2.70%), Oregon Public Employees Retirement Fund (1.73%), Northern Trust Corp (1.02%) and Geode Capital Management LLC (0.99%). Company insiders that own Nordstrom stock include Blake W Nordstrom, Christine Deputy, Daniel F Little, 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 Bank of New York Mellon Corp, Two Sigma Investments LP, Mackay Shields LLC, Voloridge Investment Management LLC, Millennium Management LLC, United Services Automobile Association, Squarepoint Ops LLC and Mackenzie Financial Corp. 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, Robert Sari and Scott A Meden. View Insider Buying and Selling for Nordstrom.

Which major investors are buying Nordstrom stock?

JWN stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Boston Partners, Norges Bank, BlackRock Inc., Unigestion Holding SA, Principal Financial Group Inc., Bank of America Corp DE and Worldquant Millennium Quantitative Strategies LLC. 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 $42.93.

How big of a company is Nordstrom?

Nordstrom has a market capitalization of $6.65 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 72,500 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:  2.5 out of 5 (star star half star)
Outperform Votes:  908 (Vote Outperform)
Underperform Votes:  934 (Vote Underperform)
Total Votes:  1,842
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 3/23/2019 by MarketBeat.com Staff

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