Nordstrom (NYSE:JWN) posted its quarterly earnings data on Thursday. The specialty retailer reported $1.20 EPS for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.04), reports. Nordstrom had a net margin of 2.86% and a return on equity of 64.75%. The company had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter last year, the company earned $1.27 earnings per share. The company’s revenue was up 8.4% compared to the same quarter last year. Nordstrom updated its FY19 guidance to $3.30-$3.55 EPS.

Shares of Nordstrom (NYSE:JWN) opened at $53.04 on Friday. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.00 and a quick ratio of 0.30. Nordstrom has a twelve month low of $37.79 and a twelve month high of $54.00. The firm has a market cap of $8,409.08, a PE ratio of 20.56, a P/E/G ratio of 2.66 and a beta of 0.81.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Monday, March 5th will be issued a $0.37 dividend. The ex-dividend date is Friday, March 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.79%. Nordstrom’s dividend payout ratio (DPR) is presently 57.36%.

A number of research analysts have recently issued reports on the stock. Royal Bank of Canada set a $49.00 price target on shares of Nordstrom and gave the stock a “hold” rating in a research report on Friday. Robert W. Baird restated a “neutral” rating on shares of Nordstrom in a research report on Friday. William Blair downgraded shares of Nordstrom from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 23rd. Zacks Investment Research upgraded shares of Nordstrom from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Monday, January 15th. Finally, Piper Jaffray Companies set a $48.00 price target on shares of Nordstrom and gave the stock a “hold” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the stock. Nordstrom presently has a consensus rating of “Hold” and an average price target of $48.55.

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About Nordstrom

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.

Earnings History for Nordstrom (NYSE:JWN)

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