Nordstrom (JWN) Misses Q1 EPS by 20c, Cuts FY EPS Outlook
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May 23, 2019 5:03 PM EDT
Nordstrom (NYSE: JWN) declared a quarterly dividend of $0.37 per share, or $1.48 annualized.
The dividend will be payable on June 18, 2019, to stockholders of record on June 3, 2019, with an ex-dividend date of May 31, 2019.
The annual yield on the dividend is 4.4 percent.
For a... More
May 22, 2019 6:57 AM EDT
Nomura/Instinet analyst Simeon Siegel lowered the price target on Nordstrom (NYSE: JWN) to $40.00 (from $46.00) while maintaining a Neutral rating following the company's 1Q report. JWN posted a meaningful sales and margin miss. Net sales were -3.5%, w/full-price sales down 5.1% and off-price -60bps.... More
May 22, 2019 6:46 AM EDT
BofA/Merrill Lynch analyst Lorraine Hutchinson lowered the price target on Nordstrom (NYSE: JWN) to $32.00 (from $40.00) while maintaining a Underperform rating.
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