Nordstrom Shareholders Approve Merger with Norse Holdings

An update from Nordstrom ( (JWN) ) is now available.

On May 16, 2025, Nordstrom‘s shareholders approved a Merger Agreement with Norse Holdings, Inc., which will result in Nordstrom becoming a wholly owned subsidiary. The merger is expected to be completed by May 20, 2025, contingent on certain conditions. As part of the agreement, Nordstrom announced a special cash dividend and a stub period dividend for its shareholders, dependent on the merger’s closing. The dividends’ payment is scheduled for May 27, 2025, provided the merger closes as anticipated.

The most recent analyst rating on (JWN) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Nordstrom stock, see the JWN Stock Forecast page.

Spark’s Take on JWN Stock

According to Spark, TipRanks’ AI Analyst, JWN is a Neutral.

Nordstrom’s overall stock score reflects a mix of operational challenges and positive financial management. The financial performance is weighed down by volatile income and high leverage, but strong cash flow improvements support the stock. Technical analysis indicates a neutral trend with potential caution due to overbought indicators. The ongoing legal challenges related to the merger process present a risk, although the company’s strategic execution and fair valuation provide some stability.

To see Spark’s full report on JWN stock, click here.

More about Nordstrom

Nordstrom, Inc. is a leading fashion retailer offering a wide range of clothing, shoes, and accessories. The company operates in the retail industry, focusing on providing high-quality products and exceptional customer service.

Average Trading Volume: 3,456,990

Technical Sentiment Signal: Buy

Current Market Cap: $4.11B

Learn more about JWN stock on TipRanks’ Stock Analysis page.