JWN

Nordstrom
NYSE

Real-time Quotes | Nasdaq Last Sale

12.21
-0.15
-1.21%
Pre Market: 12.14 -0.08 -0.61% 08:58 10/30 EDT
OPEN
12.26
PREV CLOSE
12.36
HIGH
12.67
LOW
12.05
VOLUME
12.92K
TURNOVER
--
52 WEEK HIGH
43.37
52 WEEK LOW
11.72
MARKET CAP
1.92B
P/E (TTM)
-4.1825
1D
5D
1M
3M
1Y
5Y
News
Financial
Releases
Corp Actions
Analysis
Profile
Nordstrom To Hire 800 Positions In Seattle Area For The Holiday Season
Hiring day takes place in stores on October 30  WHAT:         Leading fashion retailer Nordstrom, Inc. is hosting a hiring day to fill 800 roles
Benzinga · 16h ago
Market Pain May Just Be Getting Started
(Bloomberg Opinion) -- If the past two trading sessions weren't clear enough, Wednesday's left no doubt: The surge in coronavirus infections and renewal of lockdown-like restrictions is bad news for stocks. And while equities always grab the initial headlines, in some ways, it couldn’t come at a worse time for the U.S. corporate-bond market.Since early April, when the Federal Reserve outlined its unprecedented intervention into U.S. bond markets, corporate debt has been remarkably consistent, especially when considering the devastating blow to the U.S. economy from the Covid-19 pandemic. Even as stocks had their occasional stumbles, the yield spread between both investment-grade and junk-rated securities relative to Treasuries narrowed in each of the five months through August, according to Bloomberg Barclays index data. The gap widened a bit last month, but that could be explained away easily enough by the fact that both markets had their busiest September ever and reached record annual supply totals with a full quarter of 2020 remaining. The debt markets, as all onlookers were quick to say, remained wide open to any company that wanted to borrow.That narrative is starting to look dicey. Both high-yield and investment-grade CDX indexes surged on Wednesday by the most in more than a month, reflecting a higher premium demanded by investors to protect against bond defaults. The move mirrored the broader risk-off tone across markets, with the S&P 500 Index at one point slumping by more than 3%, as cities and regions across the globe imposed lockdowns to slow the spread of the virus.For credit markets, the sudden sell-off might not be the worst of it. Moody’s Investors Service released a report on Wednesday that revealed the amount of debt from U.S. companies considered potential “fallen angels” jumped to a all-time high of $254 billion in the third quarter, from $217 billion at the end of June. These are bonds from companies rated Baa3, one step above junk status, with either negative outlooks or expressly on review for a downgrade below investment grade. Just to name a few of these potential fallen angels: Choice Hotels International Inc., Darden Restaurants Inc., Delta Air Lines Inc., Expedia Group Inc., Hyatt Hotels Corp., Las Vegas Sands Corp., Marriott International Inc. and Nordstrom Inc. You get the picture.It’s been well over 100 days — and in some cases more than 200 days — since any of these companies had their outlooks revised to negative. Moody’s and its peers have been relatively patient in monitoring how the virus outbreak develops and how the U.S. economy reacts before making across-the-board downgrades. Should the current trends persist, however, they might not be able to hold off much longer.While it’s hardly perfect, the Transportation Security Administration’s daily updates of checkpoint travel numbers serve as something of a proxy for Americans’ willingness to travel and spend time indoors with strangers — all of which is critical for the aforementioned companies. Total travelers exceeded 1 million on Oct. 18 for the first time in seven months, pushing the 10-day rolling average to 882,323, the highest level of the Covid-19 era. It has slipped since then, with the number of travelers on Tuesday dropping to the lowest since Sept. 30. This is entirely consistent with the increase in the number of Americans hospitalized with Covid-19, which has jumped 21.4% since Oct. 18.What’s worse, it’s hard to find a positive trend anywhere. Just on Wednesday, France and Germany were preparing for lockdowns, the U.K. reported more than 300 coronavirus deaths for the second day in a row, Italy and Portugal reported record new daily cases and even New York and New Jersey are seeing a resurgence after having a better handle on the virus’s spread than other U.S. states for months. Just one week into the Big Ten football season, which President Donald Trump took credit for helping to restart, the University of Wisconsin had to cancel its pending matchup with the University of Nebraska after a coronavirus outbreak that reached at least a dozen players and staff members.Curiously, this pessimistic economic outlook didn’t move Treasuries, which would typically rally during risk-off periods. There are probably some election dynamics at play there. As a Bloomberg News article noted, “Virus Cases Are Spiking Just When They Could Hurt Trump Most.” To the extent the heightened focus on Covid-19 makes a Democratic sweep of the White House and both chambers of Congress more likely, bond traders might be nervous to push yields too low. The consensus expectation is that a “blue wave” would bring about a large round of fiscal stimulus and cause long-term benchmark yields to surge.If that curve steepening were to play out, it would present its own set of challenges for corporate bonds, which still have all-in yields close to record lows. Would investors be as eager to lend money to at-risk companies amid a broader debt-market selloff? Then there’s the question of whether the prospect of a fiscal aid package sometime in the future would outweigh the Covid-19 outbreaks happening in the present. If the economic damage resembles anything close to the March-April period, that could make it tougher and more expensive for companies to borrow. Investors will want higher yields to take on the added risk, assuming they’ll want to take on the risk all. As always, the Fed looms large during times like this. Yes, Bill Dudley, the former New York Fed president, wrote a Bloomberg Opinion column on Wednesday arguing that “The Fed Is Really Running Out of Firepower.” But he didn’t mention the central bank’s Secondary Market Corporate Credit Facility, which as of Sept. 30 owned about $8.6 billion of exchange-traded funds tracking investment-grade and high-yield debt as well as $4.4 billion of individual corporate bonds. There’s nothing preventing Chair Jerome Powell from announcing during his press conference on Nov. 5 that the Fed will start to ramp up purchases through the SMCCF, which, combined with the Primary Market Corporate Credit Facility, can reach up to $750 billion in size. Investors have reason to expect the Fed won’t allow corporate bonds to plummet like they did in March.The Fed can cushion the blow to credit markets, but it likely can’t shield them entirely. After months and months of steady gains, investors might have forgotten what it felt like to be blindsided by the Covid-19 pandemic earlier this year. Wednesday served as the starkest reminder yet that another round of pain might be in store.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Bloomberg · 1d ago
Nordstrom Local Bolsters Its L.A. Presence
Nordstrom Locals are seen in L.A. and New York and could surface in other metro areas around the country.
WWD · 2d ago
Nordstrom Could Continue to Sink Further
Let's review the charts and indicators of this fashion retailer....JWN
TheStreet.com · 2d ago
Cramer Gives His Opinion On Nordstrom, American Airlines And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said Focus Financial Partners Inc (NASDAQ: FOCS) is very good, but a little more expensive than Morgan Stanley
Benzinga · 2d ago
Nordstrom Expands Convenience For Los Angeles Customers With Two New Nordstrom Local Service Hubs
SEATTLE, Oct. 27, 2020 /PRNewswire/ -- With the goal of being closer to customers to better serve them on their terms, leading fashion retailer Nordstrom is opening two additional Nordstrom Local service hubs
Benzinga · 2d ago
Walmart CEO: The lack of stimulus is taking its toll
Walmart CEO Doug McMillon discusses the need for stimulus at the Yahoo Finance All Markets Summit.
Yahoo Finance · 3d ago
Walmart CEO: Consumers are stocking up again as coronavirus rages on
Walmart CEO Doug McMillon shares insights into consumer buying behavior as coronavirus infections pick back up.
Yahoo Finance · 3d ago
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Forecast
EPSBVPSCFPS
Actual (USD)
Estimate (USD)
Income StatementMore
Net IncomeTotal RevenueOperating Income
Net Income (USD)
YoY (%)
Balance SheetMore
Total Assets (USD)
Total Liabilities (USD)
Debt to Asset (%)
Cash FlowMore
OperatingInvestingFinancing
Operating (USD)
YoY (%)
Learn about the latest financial forecast of JWN. Analyze the recent business situations of Nordstrom through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
Analyst Rating

Based on 22 analysts

Hold

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

Analyst Price Target
The average JWN stock price target is 17.94 with a high estimate of 30.00 and a low estimate of 11.00.
EPS
Institutional Holdings
Institutions: 692
Institutional Holdings: 114.35M
% Owned: 72.76%
Shares Outstanding: 157.15M
TypeInstitutionsShares
Increased
97
17.35M
New
165
-819.74K
Decreased
140
25.57M
Sold Out
0
0
  • Performance
  • Asset Allocation
  • Dividend History
No Data
Industry
Department Stores
+1.46%
Diversified Retail
+1.21%
Key Executives
President/Director
Peter Nordstrom
Chief Executive Officer/Director
Erik Nordstrom
Chief Financial Officer
Anne Bramman
Corporate Executive
Geevy Thomas
Chief Operating Officer
Kenneth Worzel
Chief Human Resource Officer
Christine Deputy
Chief Human Resource Officer
Christine Deputy-Ott
Senior Vice President/Chief Accounting Officer
Michael Maher
Chief Technology Officer
Edmond Mesrobian
Chief Marketing Officer
Scott Meden
General Counsel/Secretary
Ann Steines
Other
Teri Bariquit
Independent Director
Shellye Archambeau
Independent Director
Shellye archambeau
Independent Director
Tanya Domier
Independent Director
James Donald
Independent Director
Kirsten Green
Independent Director
Glenda McNeal
Independent Director
Stacy Philpot
Independent Director
Brad Smith
Independent Director
Bradley Tilden
Independent Director
Mark Tritton
  • Dividends
  • Splits
  • Insider Activity
Declaration Date
Dividend Per Share
Ex-Div Date
02/27/2020
Dividend USD 0.37
03/09/2020
11/21/2019
Dividend USD 0.37
11/27/2019
08/20/2019
Dividend USD 0.37
08/29/2019
05/23/2019
Dividend USD 0.37
05/31/2019
02/27/2019
Dividend USD 0.37
03/08/2019
11/14/2018
Dividend USD 0.37
11/23/2018
08/22/2018
Dividend USD 0.37
08/31/2018
05/08/2018
Dividend USD 0.37
05/17/2018
02/21/2018
Dividend USD 0.37
03/02/2018
11/15/2017
Dividend USD 0.37
11/24/2017
08/16/2017
Dividend USD 0.37
08/24/2017
05/17/2017
Dividend USD 0.37
05/24/2017
02/17/2017
Dividend USD 0.37
02/27/2017
11/17/2016
Dividend USD 0.37
11/23/2016
08/18/2016
Dividend USD 0.37
08/25/2016
05/19/2016
Dividend USD 0.37
05/26/2016
02/25/2016
Dividend USD 0.37
03/03/2016
11/19/2015
Dividend USD 0.37
11/25/2015
08/19/2015
Dividend USD 0.37
08/27/2015
05/05/2015
Dividend USD 0.37
05/27/2015
02/17/2015
Dividend USD 0.37
02/25/2015
11/20/2014
Dividend USD 0.33
11/26/2014
08/21/2014
Dividend USD 0.33
08/28/2014
05/07/2014
Dividend USD 0.33
05/28/2014
02/27/2014
Dividend USD 0.33
03/06/2014
11/21/2013
Dividend USD 0.3
11/27/2013
08/22/2013
Dividend USD 0.3
08/29/2013
05/15/2013
Dividend USD 0.3
05/29/2013
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About JWN
Nordstrom, Inc. is a fashion specialty retailer in the United States. The Company offers private labeled apparel, shoes, cosmetics and accessories for women, men, young adults and children. The Company serves customers through retail segment, which includes Full-Price and Off-Price businesses. The Company’s operations consist of its Nordstrom U.S. and Canada full-line stores, the United States and Canada Nordstrom Rack stores, Jeffrey boutiques, Last Chance clearance stores, Trunk Club clubhouses and Nordstrom Local. Additionally, the Company’s customers are also served online through Nordstrom.com, Nordstromrack.com, HauteLook and TrunkClub.com.
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