S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs

Nordstrom - JWN Stock Forecast, Price & News

$15.40
+0.03 (+0.20%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$14.91
$15.63
50-Day Range
$15.37
$26.38
52-Week Range
$14.91
$29.59
Volume
6.37 million shs
Average Volume
5.79 million shs
Market Capitalization
$2.47 billion
P/E Ratio
10.20
Dividend Yield
4.94%
Price Target
$19.61

Nordstrom MarketRank™ Forecast

Analyst Rating
Hold
1.94 Rating Score
Upside/​Downside
27.3% Upside
$19.61 Price Target
Short Interest
Healthy
22.35% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.34
Upright™ Environmental Score
News Sentiment
0.48mentions of Nordstrom in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.04%
From $1.96 to $2.00 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Retail/Wholesale Sector

34th out of 209 stocks

Family Clothing Stores Industry

2nd out of 11 stocks


JWN stock logo

About Nordstrom (NYSE:JWN) Stock

Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories. It operates through the following segments: Retail and Corporate/Other. The Retail segment consists of a selection of high-quality, brand-name, and private label merchandise, which includes apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. The Corporate/Other segment includes unallocated corporate expenses and assets, inter-segment eliminations, and other adjustments to segment results. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.

Receive JWN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nordstrom and its competitors with MarketBeat's FREE daily newsletter.

JWN Stock News Headlines

MarketBeat Week in Review – 3/13 - 3/17 (JWN)
The first triple witching day of 2023 is a fitting way to end a wild week. As you take some time to relax, here are some of our most popular stories this week
Nordstrom's 35% Off Sale Puts the Stock on the Bargain Rack
Nordstrom appears to be better positioned than most to outperform on the other side of the economic downturn and may be one of the best deals in retail.
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
How Did Macy’s Buck the Retail Trend and Raise 2023 Forecasts? (JWN)
Retail department store chain Macy’s Inc. (NYSE: M) stock spiked on its Q4 2022 earnings beat and subsequent guidance raise for full-year 2023. The headline
Margin Compression. What’s it Mean for Your Retail Stocks? (JWN)
By now you’ve probably heard the term “margin compression” numerous times in the news and headlines. It’s an all too familiar term echoed by retailers
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Nordstrom: Further Retail Issues Ahead
Nordstrom's (NYSE:JWN) Dividend Will Be $0.19
Nordstrom leaving Canada, cutting 2,500 jobs
See More Headlines
Receive JWN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nordstrom and its competitors with MarketBeat's FREE daily newsletter.

JWN Company Calendar

Last Earnings
3/02/2023
Ex-Dividend for 3/29 Dividend
3/13/2023
Today
3/25/2023
Dividend Payable
3/29/2023
Next Earnings (Estimated)
5/23/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Department Stores
CUSIP
65566410
Employees
60,000
Year Founded
1901

Price Target and Rating

Average Stock Price Forecast
$19.61
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+27.3%
Consensus Rating
Hold
Rating Score (0-4)
1.94
Research Coverage
17 Analysts

Profitability

Net Income
$245 million
Pretax Margin
2.17%

Debt

Sales & Book Value

Annual Sales
$15.53 billion
Cash Flow
$6.70 per share
Book Value
$4.61 per share

Miscellaneous

Free Float
151,423,000
Market Cap
$2.47 billion
Optionable
Optionable
Beta
2.24

Social Links


Key Executives

  • Erik B. NordstromErik B. Nordstrom
    Chief Executive Officer & Director
  • Peter E. NordstromPeter E. Nordstrom
    President, Director & Chief Brand Officer
  • Michael MaherMichael Maher
    Treasurer, Chief Financial & Accounting Officer
  • Deniz Anders
    Chief Marketing Officer & Senior Vice President
  • Tony Sekora
    Real Estate Development Officer













JWN Stock - Frequently Asked Questions

Should I buy or sell Nordstrom stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last twelve months. There are currently 4 sell ratings, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" JWN shares. 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.
View JWN analyst ratings
or view top-rated stocks.

What is Nordstrom's stock price forecast for 2023?

17 brokerages have issued 12 month price targets for Nordstrom's stock. Their JWN share price forecasts range from $13.00 to $24.00. On average, they expect the company's stock price to reach $19.61 in the next year. This suggests a possible upside of 27.3% from the stock's current price.
View analysts price targets for JWN
or view top-rated stocks among Wall Street analysts.

How have JWN shares performed in 2023?

Nordstrom's stock was trading at $16.14 at the beginning of the year. Since then, JWN stock has decreased by 4.6% and is now trading at $15.40.
View the best growth stocks for 2023 here
.

Are investors shorting Nordstrom?

Nordstrom saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 21,830,000 shares, a decrease of 9.2% from the January 31st total of 24,040,000 shares. Based on an average trading volume of 6,280,000 shares, the short-interest ratio is presently 3.5 days. Approximately 22.7% of the company's shares are sold short.
View Nordstrom's Short Interest
.

When is Nordstrom's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023.
View our JWN earnings forecast
.

How were Nordstrom's earnings last quarter?

Nordstrom, Inc. (NYSE:JWN) issued its earnings results on Thursday, March, 2nd. The specialty retailer reported $0.74 EPS for the quarter, topping the consensus estimate of $0.65 by $0.09. The specialty retailer had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.33 billion. Nordstrom had a trailing twelve-month return on equity of 42.08% and a net margin of 1.58%. Nordstrom's revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.23 earnings per share.

How often does Nordstrom pay dividends? What is the dividend yield for Nordstrom?

Nordstrom declared a quarterly dividend on Tuesday, February 28th. Investors of record on Tuesday, March 14th will be given a dividend of $0.19 per share on Wednesday, March 29th. This represents a $0.76 annualized dividend and a dividend yield of 4.94%. The ex-dividend date of this dividend is Monday, March 13th.
Read our dividend analysis for JWN
.

Is Nordstrom a good dividend stock?

Nordstrom (NYSE:JWN) pays an annual dividend of $0.76 per share and currently has a dividend yield of 4.62%. JWN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JWN will have a dividend payout ratio of 38.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JWN.

How will Nordstrom's stock buyback program work?

Nordstrom declared that its board has initiated a share buyback plan on Tuesday, May 24th 2022, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 15.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

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

Nordstrom issued an update on its FY 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share guidance of $1.80-$2.20 for the period, compared to the consensus estimate of $1.62. The company issued revenue guidance of $14.60 billion-$14.91 billion, compared to the consensus revenue estimate of $15.51 billion.

What is Erik B. Nordstrom and Peter E. Nordstrom's approval rating as Nordstrom's CEO?

1,086 employees have rated Nordstrom Chief Executive Officer Erik B. Nordstrom and Peter E. Nordstrom on Glassdoor.com. Erik B. Nordstrom and Peter E. Nordstrom has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Nordstrom own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordstrom investors own include Intel (INTC), Walt Disney (DIS), NVIDIA (NVDA), Starbucks (SBUX), General Electric (GE), AT&T (T), Bank of America (BAC), Boeing (BA), Pfizer (PFE) and Netflix (NFLX).

What is Nordstrom's stock symbol?

Nordstrom trades on the New York Stock Exchange (NYSE) under the ticker symbol "JWN."

Who are Nordstrom's major shareholders?

Nordstrom's stock is owned by many different retail and institutional investors. Top institutional investors include El Puerto de Liverpool S.A.B. de C.V. (9.84%), Arrowstreet Capital Limited Partnership (3.08%), Susquehanna International Group LLP (0.00%), Fisher Asset Management LLC (1.44%), UBS Group AG (0.00%) and Schroder Investment Management Group (1.03%). Insiders that own company stock include Alexis Depree, Anne L Bramman, Bradley D Tilden, Christine Deputy, Erik B Nordstrom, Geevy Sk Thomas, Ken Worzel, Michael W Maher, Peter E Nordstrom and Scott A Meden.
View institutional ownership trends
.

How do I buy shares of Nordstrom?

Shares of JWN stock 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.
Compare Top Brokerages Here.

What is Nordstrom's stock price today?

One share of JWN stock can currently be purchased for approximately $15.40.

How much money does Nordstrom make?

Nordstrom (NYSE:JWN) has a market capitalization of $2.47 billion and generates $15.53 billion in revenue each year. The specialty retailer earns $245 million in net income (profit) each year or $1.51 on an earnings per share basis.

How many employees does Nordstrom have?

The company employs 60,000 workers across the globe.

How can I contact Nordstrom?

Nordstrom's mailing address is 1617 SIXTH AVENUE, SEATTLE WA, 98101. The official website for the company is www.nordstrom.com. The specialty retailer can be reached via phone at (206) 628-2111, via email at invrelations@nordstrom.com, or via fax at 206-628-1795.

This page (NYSE:JWN) was last updated on 3/25/2023 by MarketBeat.com Staff