Nordstrom (NYSE:JWN) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of $3.30-$3.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.42. The company issued revenue guidance of $15.2-$15.4 billion, compared to the consensus revenue estimate of $15.32 billion.
Nordstrom (NYSE JWN) traded down $0.83 during mid-day trading on Thursday, reaching $50.48. 3,395,412 shares of the company’s stock were exchanged, compared to its average volume of 2,048,200. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.30 and a current ratio of 1.00. Nordstrom has a 1 year low of $37.79 and a 1 year high of $54.00. The company has a market capitalization of $8,550.00, a PE ratio of 17.71, a price-to-earnings-growth ratio of 2.69 and a beta of 0.90.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Monday, March 5th will be given a dividend of $0.37 per share. The ex-dividend date is Friday, March 2nd. This represents a $1.48 dividend on an annualized basis and a yield of 2.93%. Nordstrom’s dividend payout ratio (DPR) is 51.93%.
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Nordstrom, Inc is a fashion specialty retailer in the United States. The Company’s segments include Retail and Credit. As of March 20, 2017, the Company operated 344 the United States stores located in 40 states as well as an e-commerce business. The Company also offers its customers a variety of payment products and services, including credit and debit cards.
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