William Blair Decreases Earnings Estimates for Nordstrom

Nordstrom, Inc. (NYSE:JWN) – William Blair reduced their FY2025 earnings per share estimates for shares of Nordstrom in a note issued to investors on Wednesday, November 27th. William Blair analyst D. Carden now anticipates that the specialty retailer will earn $1.99 per share for the year, down from their prior estimate of $2.01. The consensus estimate for Nordstrom’s current full-year earnings is $1.93 per share. William Blair also issued estimates for Nordstrom’s Q4 2025 earnings at $0.91 EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.32 EPS and Q4 2026 earnings at $0.90 EPS.

Nordstrom (NYSE:JWN) last posted its quarterly earnings data on Tuesday, November 26th. The specialty retailer reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.11. Nordstrom had a negative return on equity of 18.04% and a negative net margin of 1.57%. The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same quarter last year, the business posted $0.25 EPS. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year.

A number of other analysts have also issued reports on JWN. TD Cowen raised their target price on shares of Nordstrom from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Wednesday, August 28th. The Goldman Sachs Group raised their price objective on Nordstrom from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, August 28th. Barclays upgraded Nordstrom from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $18.00 to $23.00 in a research note on Thursday, September 5th. UBS Group raised their price target on Nordstrom from $13.00 to $14.50 and gave the stock a “sell” rating in a research note on Wednesday, November 27th. Finally, Evercore ISI upped their price objective on shares of Nordstrom from $20.00 to $22.00 and gave the company an “in-line” rating in a research note on Wednesday, November 27th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $21.29.

Nordstrom Stock Performance

Shares of NYSE JWN opened at $22.71 on Monday. The company has a 50-day simple moving average of $22.85 and a 200-day simple moving average of $22.25. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.14 and a quick ratio of 0.41. The company has a market cap of $3.73 billion, a PE ratio of 14.47 and a beta of 2.59. Nordstrom has a 12 month low of $15.08 and a 12 month high of $24.99.

Nordstrom Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.76 annualized dividend and a yield of 3.35%. Nordstrom’s dividend payout ratio is currently 48.41%.

Insider Transactions at Nordstrom

In other news, COO Alexis Depree sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $23.20, for a total value of $464,000.00. Following the completion of the sale, the chief operating officer now owns 169,331 shares of the company’s stock, valued at $3,928,479.20. This represents a 10.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 5.78% of the company’s stock.

Institutional Investors Weigh In On Nordstrom

Several hedge funds have recently modified their holdings of JWN. Venturi Wealth Management LLC boosted its holdings in Nordstrom by 355.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,272 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 993 shares during the period. Atlas Capital Advisors LLC lifted its position in shares of Nordstrom by 101.8% during the second quarter. Atlas Capital Advisors LLC now owns 1,491 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 752 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of Nordstrom in the second quarter valued at $39,000. Blue Trust Inc. grew its holdings in Nordstrom by 10,045.8% during the 2nd quarter. Blue Trust Inc. now owns 2,435 shares of the specialty retailer’s stock valued at $49,000 after purchasing an additional 2,411 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in Nordstrom during the 2nd quarter worth $71,000. 88.73% of the stock is currently owned by hedge funds and other institutional investors.

Nordstrom Company Profile

Nordstrom, Inc, a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand-name and private-label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; ASOS; Nordstromrack.com; mobile application; and clearance stores under the Last Chance name.