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NYSE:JWN

Nordstrom (JWN) Stock Price, News & Analysis

$22.10
+1.07 (+5.09%)
(As of 05/31/2024 ET)
Today's Range
$20.29
$22.31
50-Day Range
$17.72
$22.10
52-Week Range
$12.88
$23.53
Volume
8.05 million shs
Average Volume
2.45 million shs
Market Capitalization
$3.61 billion
P/E Ratio
12.08
Dividend Yield
3.44%
Price Target
$17.31

Nordstrom MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
21.2% Downside
$17.42 Price Target
Short Interest
Healthy
19.28% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.34
Upright™ Environmental Score
News Sentiment
0.43mentions of Nordstrom in the last 14 days
Based on 43 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.11%
From $1.80 to $1.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.30 out of 5 stars

Retail/Wholesale Sector

122nd out of 201 stocks

Family Clothing Stores Industry

7th out of 11 stocks

JWN stock logo

About Nordstrom Stock (NYSE:JWN)

Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand-name and private-label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; ASOS; Nordstromrack.com; mobile application; and clearance stores under the Last Chance name. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.

JWN Stock Price History

JWN Stock News Headlines

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90
Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died
Nordstrom (NYSE:JWN) Shares Gap Up Following Analyst Upgrade
Bank of America Raises Nordstrom (NYSE:JWN) Price Target to $18.00
Q1 2024 Nordstrom Inc Earnings Call Transcript
Nordstrom Reports First Quarter 2024 Earnings
Nordstrom (JWN) Reports Earnings Tomorrow: What To Expect
See More Headlines
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Company Calendar

Ex-Dividend for 3/27 Dividend
3/11/2024
Dividend Payable
3/27/2024
Last Earnings
5/30/2024
Today
6/01/2024
Ex-Dividend for 6/19 Dividend
6/04/2024
Dividend Payable
6/19/2024
Next Earnings (Estimated)
8/22/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Department Stores
CUSIP
65566410
Employees
54,000
Year Founded
1901

Price Target and Rating

Average Stock Price Target
$17.54
High Stock Price Target
$20.00
Low Stock Price Target
$11.00
Potential Upside/Downside
-21.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
12 Analysts

Profitability

Net Income
$134 million
Pretax Margin
1.00%

Debt

Sales & Book Value

Annual Sales
$14.85 billion
Cash Flow
$7.25 per share
Book Value
$5.22 per share

Miscellaneous

Free Float
153,822,000
Market Cap
$3.61 billion
Optionable
Optionable
Beta
2.59

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Key Executives


JWN Stock Analysis - Frequently Asked Questions

Should I buy or sell Nordstrom stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last twelve months. There are currently 5 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" JWN shares.
View JWN analyst ratings
or view top-rated stocks.

What is Nordstrom's stock price target for 2024?

12 brokerages have issued twelve-month target prices for Nordstrom's shares. Their JWN share price targets range from $11.00 to $20.00. On average, they expect the company's stock price to reach $17.42 in the next year. This suggests that the stock has a possible downside of 21.2%.
View analysts price targets for JWN
or view top-rated stocks among Wall Street analysts.

How have JWN shares performed in 2024?

Nordstrom's stock was trading at $18.45 at the beginning of 2024. Since then, JWN stock has increased by 19.8% and is now trading at $22.10.
View the best growth stocks for 2024 here
.

Are investors shorting Nordstrom?

Nordstrom saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 22,970,000 shares, an increase of 11.2% from the April 15th total of 20,660,000 shares. Based on an average daily trading volume, of 4,040,000 shares, the days-to-cover ratio is presently 5.7 days. Currently, 21.4% of the shares of the stock are short sold.
View Nordstrom's Short Interest
.

When is Nordstrom's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 22nd 2024.
View our JWN earnings forecast
.

How were Nordstrom's earnings last quarter?

Nordstrom, Inc. (NYSE:JWN) announced its earnings results on Thursday, May, 30th. The specialty retailer reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.16. The specialty retailer earned $3.34 billion during the quarter, compared to analyst estimates of $3.19 billion. Nordstrom had a net margin of 0.91% and a trailing twelve-month return on equity of 49.30%. The firm's revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.07 EPS.

How often does Nordstrom pay dividends? What is the dividend yield for Nordstrom?

Nordstrom declared a quarterly dividend on Wednesday, May 22nd. Stockholders of record on Tuesday, June 4th will be paid a dividend of $0.19 per share on Wednesday, June 19th. This represents a $0.76 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Tuesday, June 4th.
Read our dividend analysis for JWN
.

Is Nordstrom a good dividend stock?

Nordstrom (NYSE:JWN) pays an annual dividend of $0.76 per share and currently has a dividend yield of 3.53%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 95.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, JWN will have a dividend payout ratio of 42.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JWN.

What guidance has Nordstrom issued on next quarter's earnings?

Nordstrom issued an update on its FY 2024 earnings guidance on Thursday, May, 30th. The company provided earnings per share (EPS) guidance of 1.650-2.050 for the period, compared to the consensus EPS estimate of 1.790. The company issued revenue guidance of $14.4 billion-$14.8 billion, compared to the consensus revenue estimate of $14.7 billion.

What is Erik B. Nordstrom and Peter E. Nordstrom's approval rating as Nordstrom's CEO?

1,086 employees have rated Nordstrom Chief Executive Officer Erik B. Nordstrom and Peter E. Nordstrom on Glassdoor.com. Erik B. Nordstrom and Peter E. Nordstrom has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Nordstrom own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordstrom investors own include Intel (INTC), Walt Disney (DIS), NVIDIA (NVDA), Starbucks (SBUX), General Electric (GE), AT&T (T), Bank of America (BAC), Boeing (BA), Pfizer (PFE) and Netflix (NFLX).

Who are Nordstrom's major shareholders?

Nordstrom's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.53%), LSV Asset Management (0.93%), Douglas Lane & Associates LLC (0.75%), Pacifica Capital Investments LLC (0.42%), Walleye Trading LLC (0.00%) and Principal Financial Group Inc. (0.23%). Insiders that own company stock include Anne L Bramman, Bradley D Tilden, Farrell B Redwine, Geevy Sk Thomas, Gemma Lionello and Teri Bariquit.
View institutional ownership trends
.

How do I buy shares of Nordstrom?

Shares of JWN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:JWN) was last updated on 6/1/2024 by MarketBeat.com Staff

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