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Nordstrom, Inc. (JWN)

NYSE - Nasdaq Real-time price. Currency in USD
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21.18-1.45 (-6.41%)
At close: 04:00PM EDT
21.18 0.00 (0.00%)
After hours: 07:58PM EDT
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  • V
    VINCENT
    Anyone here still long term holding? With recent dividend announcement, I believe earnings will be somewhat good.
  • R
    Robert
    Might be good to sell before the terrible earnings are announced.. GUIDANCE will be HORRIFIC
  • j
    john
    TARGET price for JWN despite the turmoil in the marke is $30 per share. this company is solid that is why i always buy JWN at a dip always and i make money on JWN.
  • S
    Sunny
    Yumm…just bought the dip. Back to $30 after earnings easy
  • D
    Danimal
    So what do you all think? 33% is based on the core of what’s happening in the country 33% is what’s happening today and 33% the fundamentals of the business?? Thoughts?
  • D
    Dry_Powder
    Nordstrom more like TJX, management has been preparing for this. $38 soon? Watch 👀
  • J
    JD
    "We never expected the kind of cost increases in freight and transportation that we're seeing right now," Target chairman and CEO Brian Cornell told Yahoo Finance. Target estimates it may see an additional $1 billion in freight and transportation costs this year tied to near-record-high fuel and diesel prices.

    Most definitely will affect Nordstrom as well.
  • V
    VINCENT
    No news but this is tanking :/ this is even worse when COVID was happening
  • j
    john
    target price for JWN is 23 dollar per share
    more downsize risk at this point
    interest rate is going up
  • V
    VINCENT
    Oh woe is me, I’ve been holding since 2020. Let’s go back to $40~ and increase dividend.
  • N
    NSX
    Bear market
  • J
    John Neo
    S&P avg PE mutliple os going down to 15-16. JWN is still at 21 and not factoring inflation and recession impact. You do the math folks.
  • A
    Asaf
    $30-$33 after next earnings. glta.
  • D
    Dry_Powder
    Don’t worry folks! JWN products are in very high demand.

    JWN has good cash flow, healthy balance sheet, profits increasing, and growth opportunities. Have a great summer 😎🌴
  • J
    John Neo
    Jefferies conducted a consumer survey on inflation that led to some interesting pullouts.

    While the firm divided respondents in the survey by income cohort with 36% of respondents less than $50K (low income), 32% $50K-$100K (middle), 23% $100K+ (high) - there was actually little bearing by income on weaker financial confidence, perceived purchasing power, and future inflation expectations.

    Overall, 54% of consumers surveyed said they are less confident about their finances vs. 17% more. Only 37% believed their wages will be able to outpace rising prices. There was also high awareness of gasoline, grocery, and rent inflation across income cohorts. Price hike callouts from respondents were higher than expected for restaurants, travel, home renovation, and healthcare.

    Of note, 60% of consumers surveyed are seeking lower priced alternatives where price is perceived "too high."
  • D
    DigitalRobberBarons
    I'm waiting for another 20% drop and then it will be in the new trading range bottom
  • j
    john
    TARGET price for JWN is 23 dollar so donot buy at this point
    you see it went up and down
    meaning it willl go down more
  • N
    NSX
    $40+ Pumpers... where are you now???
  • T
    Tony
    JWN earnings should be good otherwise it won’t giving out the dividends!
  • B
    Bob
    Crazy to see we are heading to price during the first lockdown in the pandemic! This market makes no sense at all 🤬