There Is A Quest For Clarity Surrounding Nordstrom, Inc. (NYSE: JWN) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Nordstrom to Report Fourth Quarter 2023 Financial Results on March 5.

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Stocks Info

This NYSE-listed company operates within the Department Stores industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $20.10 and fluctuated between $20.35 as its day high and $19.87 as its day low. The current market capitalization of Nordstrom, Inc. is $3.26B. A total of 1.99 million shares were traded on the day, compared to an average of 5.53M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, JWN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 22 BUYs and 11 SELLs from insiders. Insiders purchased 820,187 shares during that period but sold 117,667.

In the most recent transaction, Lionello Gemma sold 32,916 shares of JWN for 14.36 per share on Oct 05. After the transaction, the President, Nordstrom Rack now owns 39,973 company shares. In a previous transaction on Jun 30, Redwine Farrell B. sold 33,364 shares at 20.37 per share. JWN shares that Chief Human Resources Officer owns now total 26,564.

Among the insiders who sold shares, Bariquit Teri disposed of 25,000 shares on Jun 09 at a per-share price of $19.51. This resulted in the Chief Merchandising Officer holding 56,853 shares of JWN after the transaction.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Nordstrom, Inc. pays an annual dividend of $0.76, resulting in a dividend yield of 3.78%, and it has a price to earnings (P/E) ratio of 28.29. JWN’s most recent ex-dividend date was when it declared a $0.19 quarterly dividend that was paid in cash on 12/13/2023. Previously, the company paid the dividend on 12/13/2023 with an ex-dividend date of 11/27/2023. The JWN stock dividend was $0.19 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for JWN in the last 3 months, the mean price target is $16.07 with high estimates of $20.00 and low estimates of $12.00. In terms of 52-week highs and lows, JWN has a high of $23.53 and a low of $12.88.

As of this writing, JWN has an earnings estimate of $0.86 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.2 per share and a lower estimate of $0.63. The company reported an EPS of $0.84 in the last quarter, which was 90.90% higher than expectations of $0.44.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. JWN’s latest balance sheet shows that the firm has $322.00M in Cash & Short Term Investments as of fiscal 2022. There were $4.65B in debt and $3.31B in liabilities at the time. Its Book Value Per Share was $4.49, while its Total Shareholder’s Equity was $581.00M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for JWN is Buy with a score of 2.81.

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