Nordstrom is a department store company located in Washington, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker JWN on the NYSE exchange.
Nordstrom stock last closed at $17.71, down 0.34% from the previous day, and has increased 4.18% in one year. It has underperformed other stocks in the Department Stores industry by 0.25 percentage points. Nordstrom stock is currently +37.5% from its 52-week low of $12.88, and -24.73% from its 52-week high of $23.53.
There are currently 163.26M JWN shares outstanding. The market value of JWN is $2.89B. In the past 24 hours, 3.95M JWN shares were traded.
How to Buy Nordstrom Stock
Wondering how to invest in Nordstrom stock? Here's how.
Decide where to buy Nordstrom stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Nordstrom stock.
Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
Put funds into your investment account: Choose your payment method and add your details.
Research Nordstrom stock: The Nordstrom ticker symbol is JWN. Is Nordstrom stock a good investment? Should you buy shares of JWN? How do JWN's underlying business fundamentals look? Do top analysts think Nordstrom is a good buy? Why has JWN's stock price moved recently? (Hint: Our stock research tools can help you evaluate if JWN is a good stock to buy).
Place your JWN trade: Decide if you will purchase JWN shares at the current market price or use a limit order to purchase JWN shares at a particular price.
Get updates on your JWN investment: Create a watchlist to key updates about your position in Nordstrom shares.
Step 1: Decide where to buy Nordstrom stock
You need an online brokerage account to access the NYSE market and buy JWN shares.
A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
You can invest in stocks with zero commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
Access to world markets: From Technology to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the world's leading exchanges.
Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by opening an account with eToro now.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Sign up for your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you are able to invest in JWN today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Nordstrom stock
After you have decided on the best place to buy Nordstrom stock, it's very important to evaluate their stock prior to investing, so you actually comprehend the risk and opportunity.
Nordstrom shares quick numbers
JWN Price
$17.71
1w %
-8.62%
1y %
4.18%
5y %
-59.26%
P/E
21.34x
P/B
3.41x
P/S
0.2x
PEG
0.34x
Revenue
$14.69B
Earnings
$134.00M
Fore. Rev. Growth
-0.29%
Fore. Earn. Growth
62.93%
Market Cap
$2.89B
Next Earnings
May 29, 2024
Next Dividend
N/A
Nordstrom Fundamentals
WallStreetZen was created to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on JWN's stock page.
Is JWN stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge JWN's intrinsic value.
Using relative valuations ratios:
JWN may be undervalued based on its P/E ratio of 21.34x, relative to Department Stores industry P/E ratio of 23.15x
JWN may be overvalued based on its P/B ratio of 3.41x, relative to Department Stores industry P/B ratio of 1.34x
JWN may be undervalued based on its PEG ratio of 0.34x
You can access additional valuation analysis on JWN's stock here.
How do JWN Financials look?
Positive Financial Indicators:
There are more short-term assets than short-term liabilities on the JWN balance sheet.
Negative Financial Indicators:
Total JWN debt is higher than 5 years ago, relative to shareholder equity.
JWN has a relatively high debt to equity ratio of 8.96.
There are more long-term liabilities than short-term assets on the JWN balance sheet.
JWN's operating cash flow of $621.00M allows it to safely service it's debt of $4.48B.
JWN profit margin has gone down from 1.6% to 0.9% in the past year.
JWN earnings of $251.00M is not sufficient to cover its interest payments.
Is it a good time to buy JWN stock, according to analysts?
Out of 11 sell side analysts who track JWN, the consensus analyst rating on JWN is a Sell
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest JWN Analyst Recommendations
Paul Lejuez, a top 4% analyst from Citigroup maintains JWN with a hold rating and lowers their JWN price target from $21.00 to $20.00, on Mar 6, 2024.
Matthew Boss, a top 12% analyst from JP Morgan maintains JWN with a strong sell rating and raises their JWN price target from $14.00 to $15.00, on Mar 6, 2024.
Dana Telsey, a bottom 2% analyst from Telsey Advisory Group maintains JWN with a hold rating and raises their JWN price target from $17.00 to $19.00, on Mar 6, 2024.
Kimberly Greenberger, a bottom 1% analyst from Morgan Stanley maintains JWN with a strong sell rating and lowers their JWN price target from $14.00 to $13.00, on Nov 28, 2023.
Michael Binetti, a bottom 13% analyst from Evercore ISI Group initiates coverage on JWN with a hold rating and announces their JWN price target of $14.00, on Nov 7, 2023.
Last year, JWN earnings were $134.00M. In the last five year, JWN's earnings have gone up by -24.44% per year. This was slower than the Department Stores industry average of 2.37%.
Last year, JWN revenue was $14.69B. During the last five year, JWN's revenue has grown by -1.52% per year. This was slower than the Department Stores industry average of -0.67%.
Nordstrom pays a dividend of 4.29%, compared to the Department Stores industry's average dividend yield of 5.49%. If you owned $1,000 of JWN stock, you would have received $42.91 in the past 12 months.
Nordstrom dividend payments have not consistently grown over the past decade and have not remained stable.
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your JWN trade
You have two main types of orders:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are mostly sufficient.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at a given price, use a limit order.
Click the Open button and your broker will place the order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
As of Apr 16, 2024, it costs $17.71 to buy one share of Nordstrom stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.452 shares of JWN.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.