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.
Momentum Indicator for JWN turns positive, indicating new upward trend
JWN saw its Momentum Indicator move above the 0 level on May 17, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 98 similar instances where the indicator turned positive. In of the 98 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for JWN just turned positive on May 10, 2023. Looking at past instances where JWN's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
JWN moved above its 50-day moving average on June 01, 2023 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 May 31, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where JWN advanced for three days, in of 291 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 155 cases where JWN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
JWN broke above its upper Bollinger Band on June 06, 2023. 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.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 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: JWN's P/B Ratio (5.679) is slightly higher than the industry average of (2.275). JWN has a moderately high P/E Ratio (175.439) as compared to the industry average of (61.676). Projected Growth (PEG Ratio) (0.512) is also within normal values, averaging (2.170). Dividend Yield (0.039) settles around the average of (0.029) among similar stocks. P/S Ratio (0.207) is also within normal values, averaging (0.700).
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 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 86, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a retailer of apparel, shoes, cosmetics and accessories
Industry DepartmentStores
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| FXF | 98.51 | -0.50 | -0.50% |
| Invesco CurrencyShares® Swiss Franc | |||
JWN and
Correlation & Price change
A.I.dvisor indicates that over the last year, JWN has been closely correlated with M. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if JWN jumps, then M could also see price increases.
