Nordstrom (JWN) Upcoming Dividend Analysis: Financial Results and Expectations
Nordstrom, Inc. (NYSE: JWN) has recently announced it will pay a dividend of $0.19 per share, a move in line with the last dividend payout made on March 29, 2023. With a record date set for June 14, 2023, and an ex-dividend date of May 26, 2023, investors need to understand the company's financial performance and prospects to make informed decisions about whether to buy, hold, or sell Nordstrom's shares ahead of this upcoming payout.
Understanding Ex-Dividend Dates
Before delving into the financial results, it is crucial to comprehend what the ex-dividend date implies for shareholders. The ex-dividend date for a stock is typically set several business days before the record date. Anyone who purchases Nordstrom stock on its ex-dividend date (May 26, 2023) or later will not receive the next dividend payment. Instead, the dividends are paid to the seller. On the other hand, if the stocks are purchased before the ex-dividend date, the dividends will go to the buyer.
Nordstrom's Dividend Consistency
The continuation of a $0.19 dividend per share is a positive sign for shareholders as it indicates consistency in Nordstrom's dividend policy. Consistent dividends are often a reflection of a company's financial health and confidence in its future earnings potential. It's an encouraging signal for the market, as it suggests that the company's management believes in its ability to maintain this level of payout, indicating stability and potential growth.
Financial Performance and Future Expectations
While dividends reflect a company's financial health, they are only one piece of the puzzle. Other metrics and aspects of Nordstrom's recent earnings results and future earnings expectations should also be considered.
It's crucial to look at factors such as earnings per share (EPS), revenue growth, and future guidance provided by management. Also, investors should consider the payout ratio, the proportion of earnings paid out as dividends, which provides insight into whether the company retains enough earnings to fund future growth.
When considering Nordstrom's dividends, investors should also bear in mind the company's debt levels. High levels of debt could put the dividend payment at risk in the future if the company faces financial difficulties.
As an investor, it's crucial to not only consider the current dividend payment but also understand the overall financial health and direction of the company. Only then can one make a well-informed decision about whether to buy, hold, or sell the stock around its ex-dividend date.
Nordstrom's consistent dividend payout reflects positively on its financial health and future expectations. However, the final decision should be based on a comprehensive understanding of the company and its overall performance.
JWN's Stochastic Oscillator stays in oversold zone for 1 day
Be on the lookout for a price bounce soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 11, 2024. You may want to consider a long position or call options on JWN as a result. In of 101 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
JWN moved above its 50-day moving average on October 11, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for JWN crossed bullishly above the 50-day moving average on October 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 22 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JWN advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for JWN moved out of overbought territory on October 21, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for JWN turned negative on October 24, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JWN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
JWN broke above its upper Bollinger Band on October 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for JWN entered a downward trend on October 09, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.896) is normal, around the industry mean (2.393). P/E Ratio (13.000) is within average values for comparable stocks, (33.077). Projected Growth (PEG Ratio) (0.313) is also within normal values, averaging (1.753). Dividend Yield (0.034) settles around the average of (0.034) among similar stocks. P/S Ratio (0.250) is also within normal values, averaging (0.532).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. JWN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. JWN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.
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General Information
a retailer of apparel, shoes, cosmetics and accessories
Industry DepartmentStores