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

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

Nordstrom announced 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 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend is Thursday, May 17th. View Nordstrom's Dividend History.

Nordstrom announced that its Board of Directors has approved a stock repurchase program on Sunday, April 9th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Nordstrom, Inc. (NYSE:JWN) posted its earnings results on Thursday, May, 17th. The specialty retailer reported $0.51 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.08. The specialty retailer had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.47 billion. Nordstrom had a net margin of 2.96% and a return on equity of 55.75%. During the same period in the previous 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 issued an update on 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 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 Wall Street analysts have issued 1 year price objectives for Nordstrom's stock. Their predictions 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).

Headlines about JWN stock have trended positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nordstrom earned a coverage optimism score of 0.26 on Accern's scale. They also assigned media stories about the specialty retailer an impact score of 44.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Nordstrom's stock is owned by a variety of of retail and institutional 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 $9.04 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]