S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
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How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?

Nordstrom (JWN) Stock Price, News & Analysis

$17.05
-0.24 (-1.39%)
(As of 03/18/2024 ET)
Today's Range
$16.79
$17.41
50-Day Range
$16.90
$21.68
52-Week Range
$12.88
$23.53
Volume
4.13 million shs
Average Volume
4.58 million shs
Market Capitalization
$2.77 billion
P/E Ratio
21.31
Dividend Yield
4.46%
Price Target
$16.54

Nordstrom MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.64 Rating Score
Upside/​Downside
3.0% Downside
$16.54 Price Target
Short Interest
Healthy
16.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.34
Upright™ Environmental Score
News Sentiment
0.30mentions of Nordstrom in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.54%
From $1.84 to $1.85 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.

3.70 out of 5 stars

Retail/Wholesale Sector

73rd out of 203 stocks

Family Clothing Stores Industry

5th 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; 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

Kohl’s Makes Steady Inventory Improvements. Will Buyers Step In? (JWN)
Kohl's swung back to profitability with signs that inventory is normalizing; shares rocketed higher, but the company has to show the trend is sustainable
2 Hot Retail Stocks to Watch: One Trends Higher, the Other Lower
Results from the retail sector are a mixed bag, revealing shifting consumer habits that will impact results for the remainder of the year. Stocks like Ross Stores NASDAQ: ROST and Nordstrom NYSE: JWN are trending strongly because of it, but not in the same direction.
They said crypto was dead. It went up 100X.
Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.
2 Hot Retail Stocks to Watch: One Trends Higher, the Other Lower (JWN)
Ross Stores and Nordstrom results highlight the strength of off-price retail and have these stocks confirming trends that move in opposite directions.
CrowdStrike, Couchbase rise; Thor Industries, Nordstrom fall, Wednesday, 3/6/2024
Stocks that are trading heavily or have substantial price changes on Wednesday: CrowdStrike, Couchbase rise; Thor Industries, Nordstrom fall
Ross Stores a Pre-earnings Buy with this Specific Strategy? (JWN)
For the past decade, one retailer has shone above nearly all others and has managed to outperform its peers during periods of boom and bust; Ross Stores.
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Nordstrom (NYSE:JWN) Upgraded by StockNews.com to Buy
Nordstrom (NYSE:JWN) PT Raised to $20.00 at Piper Sandler
Nordstrom (NYSE:JWN) Price Target Cut to $20.00
The Analyst Verdict: Nordstrom In The Eyes Of 9 Experts
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Ex-Dividend for 3/27 Dividend
3/11/2024
Today
3/18/2024
Dividend Payable
3/27/2024
Next Earnings (Estimated)
5/29/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Department Stores
CUSIP
65566410
Employees
60,000
Year Founded
1901

Price Target and Rating

Average Stock Price Target
$16.54
High Stock Price Target
$20.00
Low Stock Price Target
$11.00
Potential Upside/Downside
-3.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.64
Research Coverage
11 Analysts

Profitability

Net Income
$134 million
Pretax Margin
1.00%

Debt

Sales & Book Value

Annual Sales
$14.69 billion
Cash Flow
$6.66 per share
Book Value
$5.22 per share

Miscellaneous

Free Float
152,755,000
Market Cap
$2.77 billion
Optionable
Optionable
Beta
2.59

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JWN Stock Analysis - Frequently Asked Questions

Should I buy or sell Nordstrom stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nordstrom in the last year. There are currently 5 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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?

11 equities research analysts have issued 12-month target prices for Nordstrom's stock. Their JWN share price targets range from $11.00 to $20.00. On average, they anticipate the company's stock price to reach $16.54 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
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 the year. Since then, JWN shares have decreased by 7.6% and is now trading at $17.05.
View the best growth stocks for 2024 here
.

When is Nordstrom's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024.
View our JWN earnings forecast
.

How were Nordstrom's earnings last quarter?

Nordstrom, Inc. (NYSE:JWN) released its earnings results on Tuesday, March, 5th. The specialty retailer reported $0.96 EPS for the quarter, topping the consensus estimate of $0.90 by $0.06. The specialty retailer had revenue of $4.29 billion for the quarter, compared to analyst estimates of $4.38 billion. Nordstrom had a net margin of 0.91% and a trailing twelve-month return on equity of 49.30%. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.74 earnings per share.

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

Nordstrom declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Tuesday, March 12th will be given a dividend of $0.19 per share on Wednesday, March 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date is Monday, March 11th.
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 4.32%. JWN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 41.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JWN.

How will Nordstrom's stock buyback program work?

Nordstrom announced that its board has authorized a share repurchase program on Tuesday, May 24th 2022, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 15.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

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

Nordstrom issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of 1.650-2.050 for the period, compared to the consensus estimate of 1.980. The company issued revenue guidance of $14.4 billion-$14.8 billion, compared to the consensus revenue estimate of $14.6 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.21%), Vanguard Group Inc. (6.21%), Victory Capital Management Inc. (2.03%), Dimensional Fund Advisors LP (1.74%), Schroder Investment Management Group (1.63%) and LSV Asset Management (0.95%). Insiders that own company stock include Alexis Depree, Anne L Bramman, Bradley D Tilden, Farrell B Redwine, Geevy Sk Thomas, Gemma Lionello, Michael W Maher, Scott A Meden 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 3/18/2024 by MarketBeat.com Staff

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