Nordstrom (JWN) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $23.95 to $24.95
• 50-Day Range: $22.26 to $24.93
• 52-Week Range: $16.63 to $24.99
• Volume: 4.58 million shs
• Average Volume: 3.02 million shs
• Market Capitalization: $4.05 billion
• P/E Ratio: 15.62
• Dividend Yield: 3.10%
• Price Target: $21.29
• Consensus Rating: Reduce

Nordstrom Stock Analysis - MarketRank™

Nordstrom scored higher than 76% of companies evaluated by MarketBeat, and ranked 95th out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

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 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.58%

Earnings Growth

Earnings for Nordstrom are expected to grow by 2.58% in the coming year, from $1.94 to $1.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nordstrom is 15.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nordstrom is 15.62, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 109.00.

Price to Book Value per Share Ratio

Nordstrom has a P/B Ratio of 4.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.81% 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 4.9.

Change versus previous month

Short interest in Nordstrom has recently decreased by 4.29%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Nordstrom pays a meaningful dividend of 3.25%, 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 38.19% next year. This indicates that Nordstrom will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -2.34

Percentage of Shares Shorted

10.81% 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 4.9.

Change versus previous month

Short interest in Nordstrom has recently decreased by 4.29%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.62

News Sentiment

Nordstrom has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Nordstrom this week, compared to 14 articles on an average week.

Search Interest

13 people have searched for JWN on MarketBeat in the last 30 days. This is an increase of 63% compared to the previous 30 days.

MarketBeat Follows

12 people have added Nordstrom to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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.

JWN Stock Analysis - Frequently Asked Questions

How have JWN shares performed this year?

Nordstrom's stock was trading at $18.45 on January 1st, 2024. Since then, JWN shares have increased by 33.0% and is now trading at $24.53.
View the best growth stocks for 2024 here.

How were Nordstrom's earnings last quarter?

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

Who are Nordstrom's major shareholders?

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.

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.

What other stocks do shareholders of Nordstrom own?

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

• Last Earnings: 11/26/2024
• Ex-Dividend for 12/18 Dividend: 12/03/2024
• Dividend Payable: 12/18/2024
• Today: 12/21/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Family clothing stores
• Sub-Industry: Department Stores
• Current Symbol: NYSE:JWN
• CUSIP: 65566410
• CIK: 72333
• Web: www.nordstrom.com
• Phone: (206) 628-2111
• Fax: 206-628-1795
• 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: -13.2%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.77
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.57
• Trailing P/E Ratio: 15.62
• Forward P/E Ratio: 12.64
• P/E Growth: N/A
• Net Income: $134 million
• Net Margins: -1.57%
• Pretax Margin: 2.40%
• Return on Equity: -18.04%
• Return on Assets: -1.87%

Debt

• Debt-to-Equity Ratio: 2.65
• Current Ratio: 1.14
• Quick Ratio: 0.35

Sales & Book Value

• Annual Sales: $15.11 billion
• Price / Sales: 0.27
• Cash Flow: $7.48 per share
• Price / Cash Flow: 3.28
• Book Value: $5.99 per share
• Price / Book: 4.10

Miscellaneous

• Outstanding Shares: 164,907,000
• Free Float: 155,375,000
• Market Cap: $4.05 billion
• Optionable: Optionable
• Beta: 2.56