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 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) released its quarterly earnings results on Thursday, May, 28th. The specialty retailer reported ($2.23) EPS for the quarter, missing the consensus estimate of ($1.07) by $1.16. The specialty retailer earned $2.03 billion during the quarter, compared to analyst estimates of $2.27 billion. Nordstrom had a positive return on equity of 18.75% and a negative net margin of 0.43%. Nordstrom's revenue for the quarter was down 39.5% on a year-over-year basis. During the same period in the previous year, the firm earned $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 9.39%. The ex-dividend date of this dividend is Monday, March 9th. View Nordstrom's dividend history.

Nordstrom announced that its board has authorized a stock repurchase program on Wednesday, August 22nd 2018, which permits the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 14.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

17 equities research analysts have issued 12 month price targets 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.

Press coverage about JWN stock has been trending somewhat negative on Saturday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news 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 negative five to positive five, with scores nearest to five being the most favorable. Nordstrom earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave news articles about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate 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 a number of institutional and retail investors. Top institutional investors 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]