Media stories about Nordstrom (NYSE:JWN) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Nordstrom earned a news impact score of 0.03 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 46.0545972706327 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- The Shadow over Nordstrom’s Same-Store Sales in Fiscal 3Q17 (finance.yahoo.com)
- Should Walmart Fashion Another Acquisition? (finance.yahoo.com)
- [email protected] Holidays Featuring MoMA Design Store (finance.yahoo.com)
- Off-Price Retail Is Turning Into a Bad Bet (fool.com)
- Is The Stock Worthy?: Nordstrom Inc (NYSE: JWN) – Alpha Beta Stock (alphabetastock.com)
JWN has been the topic of several research reports. ValuEngine downgraded shares of Nordstrom from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Gordon Haskett downgraded shares of Nordstrom from an “accumulate” rating to a “hold” rating in a research note on Wednesday, September 13th. William Blair reaffirmed an “outperform” rating on shares of Nordstrom in a research note on Tuesday, September 12th. KeyCorp set a $55.00 target price on shares of Nordstrom and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Finally, Cowen and Company reaffirmed an “outperform” rating and set a $53.00 target price (up from $49.00) on shares of Nordstrom in a research note on Wednesday, September 13th. Five equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $45.33.
Nordstrom (NYSE JWN) opened at $40.86 on Friday. The company has a quick ratio of 0.30, a current ratio of 1.00 and a debt-to-equity ratio of 3.14. The firm has a market cap of $6,807.28, a P/E ratio of 13.10, a P/E/G ratio of 2.31 and a beta of 0.84. Nordstrom has a twelve month low of $37.79 and a twelve month high of $61.85.
Nordstrom (NYSE:JWN) last announced its quarterly earnings data on Thursday, November 9th. The specialty retailer reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.04. The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.50 billion. Nordstrom had a net margin of 3.25% and a return on equity of 67.44%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.84 earnings per share. research analysts expect that Nordstrom will post 2.95 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Monday, November 27th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, November 24th. This represents a $1.48 dividend on an annualized basis and a yield of 3.62%. Nordstrom’s dividend payout ratio is currently 52.11%.
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Nordstrom Company Profile
Nordstrom, Inc is a fashion specialty retailer in the United States. The Company’s segments include Retail and Credit. As of March 20, 2017, the Company operated 344 the United States stores located in 40 states as well as an e-commerce business. The Company also offers its customers a variety of payment products and services, including credit and debit cards.
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