Nordstrom, Inc., a fashion retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the United States and Canada. 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 October 9, 2018, the company operated 377 stores in 40 states, including 122 full-line stores; 242 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 6 Trunk Club clubhouses; and 2 Nordstrom Local service concepts. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.
Industry, Sector and Symbol
Industry Family clothing stores
Sub-IndustryDepartment Stores
SectorRetail/Wholesale
Phone206-628-2111
Debt
Current Ratio1.12
Quick Ratio0.44
Price-To-Earnings
Sales & Book Value
Annual Sales$15.14 billion
Price / Sales0.50
Price / Cash Flow7.27
Price / Book7.68
Profitability
Net Income$437 million
Net Margins2.92%
Return on Assets6.80%
Miscellaneous
Employees72,500
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, November 14th. Investors of record on Monday, November 26th will be given a dividend of $0.37 per share on Tuesday, December 11th. This represents a $1.48 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date is Friday, November 23rd. 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 program 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 repurchase up to 14.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.
How were Nordstrom's earnings last quarter?
Nordstrom, Inc. (NYSE:JWN) issued its quarterly earnings results on Thursday, November, 15th. The specialty retailer reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03. The specialty retailer had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.68 billion. Nordstrom had a return on equity of 51.66% and a net margin of 2.92%. View Nordstrom's Earnings History.
When is Nordstrom's next earnings date?
What guidance has Nordstrom issued on next quarter's earnings?
Nordstrom updated its FY19 earnings guidance on Thursday, November, 15th. The company provided earnings per share (EPS) guidance of $3.55-3.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.60. Nordstrom also updated its FY 2018 guidance to $3.55-3.65 EPS.
What price target have analysts set for JWN?
22 brokers have issued 12 month price targets for Nordstrom's shares. Their forecasts range from $43.00 to $75.00. On average, they anticipate Nordstrom's share price to reach $54.4941 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Nordstrom.
What is the consensus analysts' recommendation for Nordstrom?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 2 sell ratings, 15 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nordstrom.
Has Nordstrom been receiving favorable news coverage?
Media coverage about JWN stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring 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 news impact score of -1.2 on InfoTrie's scale. They also gave media stories about the specialty retailer a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.
Who are some of Nordstrom's key competitors?
Who are Nordstrom's key executives?
Nordstrom's management team includes the folowing people:
- Mr. Blake W. Nordstrom, Co-Pres & Director (Age 58)
- Mr. Erik B. Nordstrom, Co-Pres & 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)
Who are Nordstrom's major shareholders?
Nordstrom's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.22%), Gateway Investment Advisers LLC (0.11%), Dubuque Bank & Trust Co. (0.08%), Boston Advisors LLC (0.04%), Windward Capital Management Co. CA (0.03%) and State of Alaska Department of Revenue (0.03%). 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 Ferguson Wellman Capital Management Inc. and Louisiana State Employees Retirement System. 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 Confluence Investment Management LLC, Boston Advisors LLC, Virtu Financial LLC, Polianta Ltd, DNB Asset Management AS, Pure Financial Advisors Inc., State of Alaska Department of Revenue and First Hawaiian Bank. 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 $45.05.
How big of a company is Nordstrom?
Nordstrom has a market capitalization of $7.91 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.
What is Nordstrom's official website?
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)
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.
