Nordstrom Stock Today

JWN Stock  USD 20.27  0.35  1.76%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
Nordstrom is selling at 20.27 as of the 29th of March 2024; that is 1.76 percent up since the beginning of the trading day. The stock's open price was 19.92. Nordstrom has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Nordstrom are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
9th of July 1986
Category
Consumer Cyclical
Classification
Consumer Discretionary
Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington. Nordstrom operates under Department Stores classification in the United States and is traded on New York Stock Exchange. The company has 163.26 M outstanding shares of which 18.95 M shares are currently shorted by investors with about 3.81 days to cover. More on Nordstrom

Moving together with Nordstrom Stock

  0.66FL Foot Locker Sell-off TrendPairCorr

Nordstrom Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nordstrom's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nordstrom or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Nordstrom's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nordstrom's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOErik Nordstrom
Business ConcentrationDepartment Stores, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Midcap 400, Consumer Discretionary, Broadline Retail, Department Stores, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Nordstrom report their recommendations after researching Nordstrom's financial statements, talking to executives and customers, or listening in on Nordstrom's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nordstrom. The Nordstrom consensus assessment is calculated by taking the average forecast from all of the analysts covering Nordstrom.
Financial Strength
Based on the analysis of Nordstrom's profitability, liquidity, and operating efficiency, Nordstrom is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Nordstrom is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07790.0159
Way Up
Slightly volatile
Asset Turnover1.461.7401
Fairly Down
Slightly volatile
Gross Profit Margin0.380.3668
Sufficiently Up
Slightly volatile
Net DebtB3.9 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.8 B3.1 B
Way Down
Slightly volatile
Non Current Liabilities Total2.4 B4.5 B
Way Down
Slightly volatile
Total Assets5.6 B8.4 B
Way Down
Slightly volatile
Total Current Assets2.8 B3.1 B
Moderately Down
Pretty Stable
Nordstrom's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nordstrom's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Nordstrom's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Nordstrom's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nordstrom's financial leverage. It provides some insight into what part of Nordstrom's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Nordstrom's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Nordstrom deploys its capital and how much of that capital is borrowed.
Liquidity
Nordstrom cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.48 B in debt with debt to equity (D/E) ratio of 6.99, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Nordstrom has a current ratio of 0.99, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nordstrom until it has trouble settling it off, either with new capital or with free cash flow. So, Nordstrom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nordstrom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nordstrom to invest in growth at high rates of return. When we think about Nordstrom's use of debt, we should always consider it together with cash and equity.

Depreciation

388.67 Million
Nordstrom (JWN) is traded on New York Stock Exchange in USA. It is located in 1617 Sixth Avenue, Seattle, WA, United States, 98101 and employs 54,000 people. Nordstrom is listed under Department Stores category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordstrom's market, we take the total number of its shares issued and multiply it by Nordstrom's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nordstrom runs under Broadline Retail sector within Consumer Discretionary industry. The entity has 163.26 M outstanding shares of which 18.95 M shares are currently shorted by investors with about 3.81 days to cover. Nordstrom has about 687 M in cash with 621 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.1.
Check Nordstrom Probability Of Bankruptcy
Ownership Allocation
Nordstrom holds a total of 163.26 Million outstanding shares. Over half of Nordstrom's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Nordstrom. Please watch out for any change in the institutional holdings of Nordstrom as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Nordstrom Ownership Details

Nordstrom Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Nordstrom jumping above the current price in 90 days from now is about 8.65%. The Nordstrom probability density function shows the probability of Nordstrom stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.1098. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nordstrom will likely underperform. Additionally, nordstrom has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 20.27HorizonTargetOdds Above 20.27
91.27%90 days
 20.27 
8.65%
Based on a normal probability distribution, the odds of Nordstrom to move above the current price in 90 days from now is about 8.65 (This Nordstrom probability density function shows the probability of Nordstrom Stock to fall within a particular range of prices over 90 days) .

Nordstrom Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Nordstrom that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nordstrom's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nordstrom's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
1.6 M
Lsv Asset Management2023-12-31
1.5 M
Norges Bank2023-12-31
1.3 M
Douglas Lane & Associates, Llc2023-12-31
1.2 M
Aqr Capital Management Llc2023-12-31
1.1 M
Bnp Paribas Arbitrage, Sa2023-12-31
949.6 K
Pathstone Family Office, Llc2023-09-30
935 K
Charles Schwab Investment Management Inc2023-12-31
924.3 K
American Century Companies Inc2023-12-31
848.6 K
El Puerto De Liverpool Sab De Cv2023-12-31
15.8 M
Vanguard Group Inc2023-12-31
10.1 M
View Nordstrom Diagnostics

Nordstrom Historical Income Statement

Nordstrom Income Statement is one of the three primary financial statements used for reporting Nordstrom's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nordstrom revenue and expense. Nordstrom Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nordstrom's Reconciled Depreciation is very stable compared to the past year. View More Fundamentals

Nordstrom Stock Against Markets

Picking the right benchmark for Nordstrom stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nordstrom stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nordstrom is critical whether you are bullish or bearish towards Nordstrom at a given time. Please also check how Nordstrom's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nordstrom without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Nordstrom Corporate Directors

Nordstrom corporate directors refer to members of a Nordstrom board of directors. The board of directors generally takes responsibility for the Nordstrom's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nordstrom's board members must vote for the resolution. The Nordstrom board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert MillerIndependent DirectorProfile
Robert WalterIndependent DirectorProfile
Alison WinterIndependent DirectorProfile
James DonaldIndependent DirectorProfile

How to buy Nordstrom Stock?

Before investing in Nordstrom, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nordstrom. To buy Nordstrom stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nordstrom. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nordstrom stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nordstrom stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nordstrom stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nordstrom, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nordstrom Stock please use our How to Invest in Nordstrom guide.

Already Invested in Nordstrom?

The danger of trading Nordstrom is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nordstrom is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nordstrom. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nordstrom is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nordstrom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordstrom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordstrom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordstrom Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nordstrom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Nordstrom Stock, please use our How to Invest in Nordstrom guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Nordstrom's price analysis, check to measure Nordstrom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordstrom is operating at the current time. Most of Nordstrom's value examination focuses on studying past and present price action to predict the probability of Nordstrom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordstrom's price. Additionally, you may evaluate how the addition of Nordstrom to your portfolios can decrease your overall portfolio volatility.
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Is Nordstrom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordstrom. If investors know Nordstrom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordstrom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.098
Dividend Share
0.76
Earnings Share
0.82
Revenue Per Share
90.81
Quarterly Revenue Growth
0.023
The market value of Nordstrom is measured differently than its book value, which is the value of Nordstrom that is recorded on the company's balance sheet. Investors also form their own opinion of Nordstrom's value that differs from its market value or its book value, called intrinsic value, which is Nordstrom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordstrom's market value can be influenced by many factors that don't directly affect Nordstrom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordstrom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordstrom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordstrom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.