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 (WHO). Since then, JWN shares have decreased by 34.8% and is now trading at $15.66. 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 Thursday, May 28th 2020. View our earnings forecast for Nordstrom.

Nordstrom will be holding an earnings conference call on Thursday, May 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Nordstrom, Inc. (NYSE:JWN) issued its quarterly earnings data on Tuesday, March, 3rd. The specialty retailer reported $1.42 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.47 by $0.05. The specialty retailer had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.56 billion. Nordstrom had a net margin of 3.20% and a return on equity of 64.94%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the company earned $1.48 earnings per share. View Nordstrom's earnings history.

Nordstrom declared a quarterly dividend on Thursday, February 27th. Investors 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 9.45%. The ex-dividend date is Monday, March 9th. View Nordstrom's dividend history.

Nordstrom announced that its Board of Directors has authorized a share repurchase plan on Wednesday, August 22nd 2018, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 14.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

Nordstrom issued an update on its FY21 earnings guidance on Tuesday, March, 3rd. The company provided 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 12-month 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 $31.56 in the next year. This suggests a possible upside of 101.5% from the stock's current price. View analysts' price targets for Nordstrom.

Media stories about JWN stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nordstrom earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutNordstrom.

Some companies that are related to Nordstrom include GAP (GPS), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Childrens Place (PLCE), Lands' End (LE), Destination XL Group (DXLG), Stein Mart (SMRT) 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 a variety of 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 purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Prudential PLC, APG Asset Management N.V., Morgan Stanley, Skandinaviska Enskilda Banken AB publ , Waddell & Reed Financial Inc., Todd Asset Management LLC, and Invesco Ltd.. 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 $15.66.

Nordstrom has a market capitalization of $2.45 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]