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 35.8% and is now trading at $15.42. 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 earnings results on Thursday, May, 28th. The specialty retailer reported ($2.23) EPS for the quarter, missing analysts' consensus estimates 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 negative net margin of 0.43% and a positive return on equity of 18.75%. The business's revenue for the quarter was down 39.5% on a year-over-year basis. During the same period last year, the business posted $0.23 earnings per share. View Nordstrom's earnings history.

Nordstrom declared a quarterly dividend on Thursday, February 27th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.37 per share on Wednesday, March 25th. This represents a $1.48 annualized dividend and a dividend yield of 9.60%. The ex-dividend date is Monday, March 9th. View Nordstrom's dividend history.

Nordstrom declared that its Board of Directors has initiated a stock repurchase 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 repurchase up to 14.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

17 brokerages have issued 1-year price objectives for Nordstrom's shares. Their forecasts range from $13.00 to $48.00. On average, they anticipate Nordstrom's share price to reach $30.40 in the next twelve months. This suggests a possible upside of 97.1% from the stock's current price. View analysts' price targets for Nordstrom.

News articles about JWN stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. 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 news sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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 shareholders include Municipal Employees Retirement System of Michigan (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. 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 $15.42.

Nordstrom has a market capitalization of $2.41 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]