NYSE:JWNNordstrom Stock Price, Forecast & News

Nordstrom's stock was trading at $24.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, JWN stock has decreased by 34.4% and is now trading at $15.76. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 4 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) posted its quarterly earnings data on Thursday, May, 28th. The specialty retailer reported ($2.23) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($1.07) by $1.16. The specialty retailer had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.27 billion. Nordstrom had a positive return on equity of 18.75% and a negative net margin of 0.43%. The company's revenue for the quarter was down 39.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 EPS. View Nordstrom's earnings history.

Nordstrom announced a quarterly dividend on Thursday, February 27th. Shareholders 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 dividend yield of 9.39%. The ex-dividend date is Monday, March 9th. View Nordstrom's dividend history.

Nordstrom declared that its board has authorized a share buyback program 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 buy up to 14.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

17 Wall Street analysts have issued 1 year price objectives for Nordstrom's stock. Their forecasts range from $13.00 to $48.00. On average, they expect Nordstrom's share price to reach $30.40 in the next year. This suggests a possible upside of 92.9% from the stock's current price. View analysts' price targets for Nordstrom.

Media headlines about JWN stock have trended neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nordstrom earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media stories about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Nordstrom.

Some companies that are related to Nordstrom include GAP (GPS), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Lands' End (LE), Destination XL Group (DXLG) and Stein Mart (SMRT). 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 retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%), Municipal Employees Retirement System of Michigan (0.01%), Livforsakringsbolaget Skandia Omsesidigt (0.00%) and Exane Derivatives (0.00%). Company insiders that own Nordstrom stock include Anne L Bramman, Blake W Nordstrom, Christine Deputy, Erik B Nordstrom, 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 Envestnet Asset Management Inc., and Livforsakringsbolaget Skandia Omsesidigt. 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 acquired by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, and Exane Derivatives. 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 $15.76.

Nordstrom has a market capitalization of $2.46 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]