In today’s recent session, 1.9 million shares of the Nordstrom, Inc. (NYSE:JWN) have been traded, and its beta is 2.58. Most recently the company’s share price was $21.38, and it changed around $0.8 or 3.89% from the last close, which brings the market valuation of the company to $3.49B. JWN at last check was trading at a discount to its 52-week high of $23.53, offering almost -10.06% off that amount. The share price’s 52-week low was $12.88, which indicates that the recent value has risen by an impressive 39.76% since then. We note from Nordstrom, Inc.’s average daily trading volume that its 3-month average coming to 4.06 million.
Nordstrom, Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 3.05. If we narrow it down even further, the data shows that 5 out of 26 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 17 recommended JWN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Nordstrom, Inc. is expected to report earnings per share of -$0.08 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Nordstrom, Inc. (NYSE:JWN) trade information
Instantly JWN has been showing a green trend so far today with a performance of 3.89% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 15.89% year-to-date, but still up 5.48% over the last five days. On the other hand, Nordstrom, Inc. (NYSE:JWN) is 12.18% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $23.4, which translates to bulls needing to increase their stock price by 8.63% from its current value. Analyst projections state that JWN is forecast to be at a low of $17 and a high of $35.
Nordstrom, Inc. (JWN) estimates and forecasts
Nordstrom, Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 58.85 percent over the past six months and at a -15.57% annual growth rate that is well below the industry average of 9.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -214.30% in revenue this quarter, and will report a decrease of -25.00% in the next quarter. The year-over-year growth rate is expected to be 0.10%, up from the previous year.
Consensus estimates provided by 13 financial analysts predict the company will bring in an average of $3.2 billion in revenue for the current quarter. 13 analysts expect Nordstrom, Inc. to make $3.81 billion in revenue for the quarter ending Jul 2024.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.38%. Nordstrom, Inc. earnings are expected to increase by -13.76% in 2024, but the outlook is positive 6.80% per year for the next five years.
JWN Dividends
Nordstrom, Inc.’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 3.55 percent and its annual dividend per share was 0.76. It is important to note, however, that the 3.55% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
