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 in downward trend: 10-day moving average moved below 50-day moving average on August 21, 2023
The 10-day moving average for JWN crossed bearishly below the 50-day moving average on August 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 26, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on JWN as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 .
The Aroon Indicator for JWN entered a downward trend on September 26, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for JWN's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Moving Average Convergence Divergence (MACD) for JWN just turned positive on September 15, 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JWN advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .
JWN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call 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: P/B Ratio (3.435) is normal, around the industry mean (2.204). P/E Ratio (75.188) is within average values for comparable stocks, (56.310). Projected Growth (PEG Ratio) (0.345) is also within normal values, averaging (2.541). JWN has a moderately high Dividend Yield (0.053) as compared to the industry average of (0.030). P/S Ratio (0.156) is also within normal values, averaging (0.689).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. JWN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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 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 82, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
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
| 1 Day | |||
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| MFs / NAME | Price $ | Chg $ | Chg % |
| TCMGX | 16.60 | -0.18 | -1.07% |
| TIAA-CREF Mid-Cap Growth Retail | |||
| RSIGX | 12.79 | -0.15 | -1.16% |
| Victory RS International Y | |||
| DRGYX | 40.41 | -0.48 | -1.17% |
| BNY Mellon Dynamic Value Fund Y | |||
| CWMCX | 52.15 | -0.68 | -1.29% |
| American Funds Washington Mutual 529C | |||
| DFSGX | 20.01 | -0.27 | -1.33% |
| DF Dent Small Cap Growth Institutional | |||
JWN and
Correlation & Price change
A.I.dvisor indicates that over the last year, JWN has been closely correlated with KSS. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if JWN jumps, then KSS could also see price increases.