Free Trial

Nordstrom (JWN) Stock Price, News & Analysis

Nordstrom logo
$22.71 +0.09 (+0.40%)
(As of 11/29/2024 ET)

About Nordstrom Stock (NYSE:JWN)

Key Stats

Today's Range
$22.01
$22.89
50-Day Range
$21.42
$24.93
52-Week Range
$15.08
$24.99
Volume
2.30 million shs
Average Volume
2.06 million shs
Market Capitalization
$3.73 billion
P/E Ratio
14.47
Dividend Yield
3.35%
Price Target
$21.29
Consensus Rating
Reduce

Company Overview

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.

Nordstrom Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

JWN MarketRank™: 

Nordstrom scored higher than 84% of companies evaluated by MarketBeat, and ranked 77th out of 217 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Nordstrom has received a consensus rating of Reduce. The company's average rating score is 1.77, and is based on no buy ratings, 10 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    Nordstrom has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Nordstrom's stock forecast and price target.
  • Earnings Growth

    Earnings for Nordstrom are expected to grow by 2.59% in the coming year, from $1.93 to $1.98 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nordstrom is 14.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nordstrom is 14.47, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 106.34.

  • Price to Book Value per Share Ratio

    Nordstrom has a P/B Ratio of 3.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    11.34% of the float of Nordstrom has been sold short.
  • Short Interest Ratio / Days to Cover

    Nordstrom has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in Nordstrom has recently decreased by 5.72%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Nordstrom pays a meaningful dividend of 3.35%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Nordstrom does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Nordstrom is 48.41%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Nordstrom will have a dividend payout ratio of 38.38% next year. This indicates that Nordstrom will be able to sustain or increase its dividend.

  • Read more about Nordstrom's dividend.
  • Percentage of Shares Shorted

    11.34% of the float of Nordstrom has been sold short.
  • Short Interest Ratio / Days to Cover

    Nordstrom has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in Nordstrom has recently decreased by 5.72%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Nordstrom has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 74 news articles for Nordstrom this week, compared to 15 articles on an average week.
  • Search Interest

    11 people have searched for JWN on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Nordstrom to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Nordstrom insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $464,000.00 in company stock.

  • Percentage Held by Insiders

    Only 5.78% of the stock of Nordstrom is held by insiders.

  • Percentage Held by Institutions

    88.73% of the stock of Nordstrom is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Nordstrom's insider trading history.
Receive JWN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nordstrom and its competitors with MarketBeat's FREE daily newsletter.

JWN Stock News Headlines

Nordstrom (NYSE:JWN) Price Target Raised to $14.50
Black Friday: 59% dividend from Bitcoin (No Crypto Needed)
Get a 59% Dividend from Bitcoin—No Crypto Required! Our Black Friday special reveals the "Bitcoin Income Vault," a strategy that lets you collect dividends from Bitcoin - without buying a single coin or trade options. Start with as little as $50 and have the chance to enjoy almost monthly payouts.
Nordstrom (NYSE:JWN) Price Target Raised to $22.00
Nordstrom (NYSE:JWN) Upgraded at StockNews.com
Telsey Advisory Group Weighs in on Nordstrom FY2025 Earnings
Nordstrom price target raised to $26 from $24 at Telsey Advisory
See More Headlines

JWN Stock Analysis - Frequently Asked Questions

Nordstrom's stock was trading at $18.45 on January 1st, 2024. Since then, JWN stock has increased by 23.1% and is now trading at $22.71.
View the best growth stocks for 2024 here
.

Nordstrom, Inc. (NYSE:JWN) posted its quarterly earnings data on Tuesday, November, 26th. The specialty retailer reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.11. Nordstrom's revenue was up 4.6% on a year-over-year basis.

Top institutional investors of Nordstrom include State Street Corp (3.88%), Geode Capital Management LLC (0.99%), Charles Schwab Investment Management Inc. (0.87%) and Verition Fund Management LLC (0.74%). Insiders that own company stock include Alexis Depree, Anne L Bramman, Teri Bariquit, Gemma Lionello and Farrell B Redwine.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nordstrom investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR) and iShares Micro-Cap ETF (IWC).

Company Calendar

Ex-Dividend for 9/18 Dividend
9/03/2024
Dividend Payable
9/18/2024
Last Earnings
11/26/2024
Today
11/30/2024
Ex-Dividend for 12/18 Dividend
12/03/2024
Dividend Payable
12/18/2024
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
$21.29
High Stock Price Target
$26.00
Low Stock Price Target
$14.50
Potential Upside/Downside
-6.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.77
Research Coverage
13 Analysts

Profitability

Net Income
$134 million
Pretax Margin
2.40%

Debt

Sales & Book Value

Annual Sales
$14.69 billion
Cash Flow
$7.10 per share
Book Value
$6.01 per share

Miscellaneous

Free Float
154,720,000
Market Cap
$3.73 billion
Optionable
Optionable
Beta
2.59

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

This page (NYSE:JWN) was last updated on 12/1/2024 by MarketBeat.com Staff
From Our Partners