NYSE:JWNNordstrom Stock Price, Forecast & News

Nordstrom's stock was trading at $24.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, JWN shares have decreased by 32.9% and is now trading at $16.13. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 5 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) announced its earnings results on Thursday, May, 28th. The specialty retailer reported ($2.23) EPS for the quarter, missing the Zacks' consensus estimate of ($1.07) by $1.16. The specialty retailer earned $2.03 billion during the quarter, compared to analysts' expectations of $2.27 billion. Nordstrom had a return on equity of 64.94% and a net margin of 3.20%. Nordstrom's revenue was down 39.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.23 earnings per share. 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 yield of 9.18%. The ex-dividend date is Monday, March 9th. View Nordstrom's dividend history.

Nordstrom declared that its Board of Directors has initiated a share buyback plan on Wednesday, August 22nd 2018, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 14.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

Nordstrom issued an update on its FY21 earnings guidance on Tuesday, March, 3rd. The company provided earnings per share (EPS) guidance of $3.25-3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.40. The company issued revenue guidance of $15.76-15.91 billion, compared to the consensus revenue estimate of $15.85 billion.

18 analysts have issued 1-year target prices for Nordstrom's shares. Their forecasts range from $13.00 to $48.00. On average, they expect Nordstrom's stock price to reach $30.50 in the next year. This suggests a possible upside of 89.1% from the stock's current price. View analysts' price targets for Nordstrom.

Press coverage about JWN stock has trended positive on Friday, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nordstrom earned a coverage optimism score of 2.8 on InfoTrie's scale. They also assigned news headlines about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutNordstrom.

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

Nordstrom's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital World Investors (7.75%), BlackRock Inc. (5.46%), State Street Corp (4.14%), JPMorgan Chase & Co. (3.55%), Bank of New York Mellon Corp (3.34%) and Prudential PLC (1.45%). Company insiders that own Nordstrom stock include Anne L Bramman, Blake W Nordstrom, Christine Deputy, Erik B Nordstrom, James F Nordstrom Jr, Ken Worzel, Peter E Nordstrom, Robert Sari 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 Schroder Investment Management Group, Bank of New York Mellon Corp, Staley Capital Advisers Inc., Wells Fargo & Company MN, Exchange Traded Concepts LLC, Principal Financial Group Inc., Korea Investment CORP, and HighTower Advisors LLC. Company insiders that have sold Nordstrom company stock in the last year include Anne L Bramman, Christine Deputy, Erik B Nordstrom, Peter E Nordstrom, and Scott A Meden. View insider buying and selling activity for Nordstrom.

JWN stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Prudential PLC, APG Asset Management N.V., Morgan Stanley, Morgan Stanley, Skandinaviska Enskilda Banken AB publ , Waddell & Reed Financial Inc., and Todd Asset Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of JWN stock can currently be purchased for approximately $16.13.

Nordstrom has a market capitalization of $2.52 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]