NYSE:JWN - Nordstrom Stock Price, Price Target & More

Nordstrom trades on the New York Stock Exchange (NYSE) under the ticker symbol "JWN."

Nordstrom declared a quarterly dividend on Tuesday, May 8th. Shareholders of record on Friday, May 18th will be given a dividend of $0.37 per share on Monday, June 4th. This represents a $1.48 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Thursday, May 17th. View Nordstrom's Dividend History.

Nordstrom declared that its Board of Directors has initiated a stock buyback program on Sunday, April 9th 2017, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 6.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its stock is undervalued.

Nordstrom, Inc. (NYSE:JWN) issued its quarterly earnings data on Thursday, May, 17th. The specialty retailer reported $0.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.08. The specialty retailer earned $3.56 billion during the quarter, compared to the consensus estimate of $3.47 billion. Nordstrom had a return on equity of 55.75% and a net margin of 2.96%. During the same quarter last year, the company earned $0.37 EPS. View Nordstrom's Earnings History.

Nordstrom is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Nordstrom.

Nordstrom updated its FY19 earnings guidance on Thursday, May, 17th. The company provided EPS guidance of $3.35-3.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.44. The company issued revenue guidance of $15.2-15.4 billion, compared to the consensus revenue estimate of $15.70 billion.

19 equities research analysts have issued 12-month target prices for Nordstrom's stock. Their forecasts range from $35.00 to $57.00. On average, they anticipate Nordstrom's share price to reach $49.4375 in the next year. This suggests that the stock has a possible downside of 6.0%. View Analyst Ratings for Nordstrom.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 1 sell rating, 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News coverage about JWN stock has trended positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Nordstrom earned a news sentiment score of 0.35 on Accern's scale. They also assigned news coverage about the specialty retailer an impact score of 45.33 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Nordstrom's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.58%), Confluence Investment Management LLC (0.12%), Gateway Investment Advisers LLC (0.09%), Dubuque Bank & Trust Co. (0.09%), West Coast Financial LLC (0.08%) and Westpac Banking Corp (0.07%). Company insiders that own Nordstrom stock include Blake W Nordstrom, Daniel F Little, Enrique Hernandez Jr, Erik B Nordstrom, James F Nordstrom Jr, Ken Worzel, Michael G Koppel, Peter E Nordstrom 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 Confluence Investment Management LLC, Westpac Banking Corp, Empirical Finance LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Hartford Investment Management Co., Dubuque Bank & Trust Co. and Washington Trust Bank. Company insiders that have sold Nordstrom company stock in the last year include Erik B Nordstrom, James F Nordstrom Jr, Ken Worzel, Peter E Nordstrom and Scott A Meden. View Insider Buying and Selling for Nordstrom.

JWN stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, Lourd Capital LLC, Windward Capital Management Co. CA, Cohen Klingenstein LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and DnB Asset Management AS. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of JWN stock can currently be purchased for approximately $52.59.

Nordstrom has a market capitalization of $8.80 billion and generates $15.14 billion in revenue each year. The specialty retailer earns $437 million in net income (profit) each year or $2.96 on an earnings per share basis. Nordstrom employs 72,500 workers across the globe.

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]