Nordstrom, Inc., a fashion retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children.
6 star dividend payer and good value.
Share Price & News
How has Nordstrom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JWN has not had significant price volatility in the past 3 months.
7 Day Return
US Multiline Retail
1 Year Return
US Multiline Retail
Return vs Industry: JWN underperformed the US Multiline Retail industry which returned 12.6% over the past year.
Return vs Market: JWN underperformed the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Nordstrom's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StHas Nordstrom, Inc. (NYSE:JWN) Been Employing Capital Shrewdly?
2 weeks ago | Simply Wall StNordstrom, Inc. (NYSE:JWN) Delivered A Better ROE Than Its Industry
1 month ago | Simply Wall StNordstrom (NYSE:JWN) Takes On Some Risk With Its Use Of Debt
Is Nordstrom undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JWN ($36.38) is trading below our estimate of fair value ($161.16)
Significantly Below Fair Value: JWN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JWN is good value based on its PE Ratio (10.4x) compared to the Multiline Retail industry average (11.9x).
PE vs Market: JWN is good value based on its PE Ratio (10.4x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: JWN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: JWN is overvalued based on its PB Ratio (6.6x) compared to the US Multiline Retail industry average (1.2x).
How is Nordstrom forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JWN's earnings are forecast to decline over the next 3 years (-1% per year).
Earnings vs Market: JWN's earnings are forecast to decline over the next 3 years (-1% per year).
High Growth Earnings: JWN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: JWN's revenue (1.6% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: JWN's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JWN's Return on Equity is forecast to be very high in 3 years time (79.6%).
How has Nordstrom performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JWN has high quality earnings.
Growing Profit Margin: JWN's current net profit margins (3.6%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: JWN's earnings have declined by -8% per year over the past 5 years.
Accelerating Growth: JWN's earnings growth over the past year (18.1%) exceeds its 5-year average (-8% per year).
Earnings vs Industry: JWN earnings growth over the past year (18.1%) exceeded the Multiline Retail industry -9%.
Return on Equity
High ROE: Whilst JWN's Return on Equity (64.86%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is Nordstrom's financial position?
Financial Position Analysis
Short Term Liabilities: JWN's short term assets ($3.6B) do not cover its short term liabilities ($4.0B).
Long Term Liabilities: JWN's short term assets ($3.6B) do not cover its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: JWN's debt to equity ratio (314.8%) is considered high.
Reducing Debt: JWN's debt to equity ratio has increased from 137.3% to 314.8% over the past 5 years.
Debt Coverage: JWN's debt is well covered by operating cash flow (45.7%).
Interest Coverage: JWN's interest payments on its debt are well covered by EBIT (9.2x coverage).
Inventory Level: JWN has a high level of physical assets or inventory.
Debt Coverage by Assets: JWN's debt is covered by short term assets (assets are 1.3x debt).
What is Nordstrom's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: JWN's dividend (4.07%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: JWN's dividend (4.07%) is in the top 25% of dividend payers in the US market (3.96%)
Stability and Growth of Payments
Stable Dividend: JWN's dividends per share have been stable in the past 10 years.
Growing Dividend: JWN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.2%), JWN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JWN's dividends in 3 years are forecast to be well covered by earnings (46.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Erik Nordstrom (55yo)
Mr. Erik B. Nordstrom has been Co-President of Nordstrom Inc. since April 2015 and its Principal Executive Officer since January 10, 2019. Mr. Nordstrom serves as a Member of Executive Team of Nordstrom In ...
CEO Compensation Analysis
Compensation vs Market: Erik's total compensation ($USD4.45M) is below average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Erik's compensation has been consistent with company performance over the past year.
|Co-President & Director||14.1yrs||US$4.43m||1.79% $101.4m|
|Chief Financial Officer||2.7yrs||US$5.17m||0.0099% $561.4k|
|Chief Operating Officer||0.4yrs||US$5.98m||0.067% $3.8m|
|Chief Human Resources Officer||4.7yrs||US$3.67m||0.037% $2.1m|
|Chief Accounting Officer||0.08yrs||no data||no data|
|Director of Investor Relations||0yrs||no data||no data|
|Executive VP||0.6yrs||no data||no data|
|Chief Marketing Officer||3.5yrs||no data||0.041% $2.3m|
|Chief Merchandising Officer||7.5yrs||no data||0.016% $891.8k|
Experienced Management: JWN's management team is considered experienced (2.7 years average tenure).
|Co-President & Director||14.1yrs||US$4.43m||1.79% $101.4m|
|Independent Director||4.1yrs||US$269.21k||0.011% $621.9k|
|Independent Director||5.1yrs||US$255.37k||0.0043% $240.6k|
|Independent Director||5.1yrs||US$273.91k||0.014% $803.7k|
|Independent Chairman of the Board||1.3yrs||US$348.20k||0.019% $1.1m|
|Independent Director||5.1yrs||US$262.70k||0.011% $595.9k|
|Independent Director||1yrs||no data||0.0033% $185.3k|
|Independent Director||2.8yrs||US$249.78k||0.0022% $125.4k|
|Independent Director||10.1yrs||US$302.16k||0.028% $1.6m|
Experienced Board: JWN's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nordstrom, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Nordstrom, Inc.
- Ticker: JWN
- Exchange: NYSE
- Founded: 1901
- Industry: Department Stores
- Sector: Retail
- Market Cap: US$5.648b
- Shares outstanding: 155.25m
- Website: https://shop.nordstrom.com
Number of Employees
- Nordstrom, Inc.
- 1617 Sixth Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JWN||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|NRD||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
|JWN *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 1972|
|0K8J||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Dec 1972|
|J1WN34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM NPV||BR||BRL||Dec 2019|
Nordstrom, Inc., a fashion retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals. As of October 24, 2019, the company operated 382 stores in 40 states, including 117 full-line stores in the United States, Canada, and Puerto Rico; 249 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 6 Trunk Club clubhouses; and 5 Nordstrom Local service concepts, as well as online through Nordstrom.com, Nordstromrack.com, HauteLook, and TrunkClub.com. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 00:54|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.