Nordstrom, Inc. (NYSE:JWN – Free Report) – Stock analysts at Zacks Research raised their Q1 2026 EPS estimates for shares of Nordstrom in a note issued to investors on Tuesday, December 10th. Zacks Research analyst R. Lohia now expects that the specialty retailer will post earnings of ($0.10) per share for the quarter, up from their previous estimate of ($0.21). The consensus estimate for Nordstrom’s current full-year earnings is $1.94 per share. Zacks Research also issued estimates for Nordstrom’s Q1 2027 earnings at ($0.16) EPS.
JWN has been the subject of a number of other reports. BMO Capital Markets upped their price objective on shares of Nordstrom from $20.00 to $22.00 and gave the company a “market perform” rating in a research report on Wednesday, August 28th. Telsey Advisory Group lifted their price objective on Nordstrom from $24.00 to $26.00 and gave the stock a “market perform” rating in a report on Wednesday, November 27th. StockNews.com cut Nordstrom from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 5th. Bank of America raised their price objective on shares of Nordstrom from $20.00 to $22.00 and gave the stock an “underperform” rating in a report on Wednesday, November 27th. Finally, Citigroup increased their price target on shares of Nordstrom from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $21.29.
Nordstrom Stock Up 3.0 %
Shares of NYSE:JWN opened at $23.18 on Friday. The company has a 50 day moving average of $23.03 and a two-hundred day moving average of $22.36. Nordstrom has a 52-week low of $16.63 and a 52-week high of $24.99. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 2.65. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 14.76 and a beta of 2.56.
Nordstrom (NYSE:JWN – Get Free Report) last issued 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. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.34 billion. Nordstrom had a negative return on equity of 18.04% and a negative net margin of 1.57%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 earnings per share.
Hedge Funds Weigh In On Nordstrom
Hedge funds have recently modified their holdings of the company. Venturi Wealth Management LLC grew its position in Nordstrom by 355.9% in the third quarter. Venturi Wealth Management LLC now owns 1,272 shares of the specialty retailer’s stock worth $29,000 after buying an additional 993 shares during the last quarter. Atlas Capital Advisors LLC lifted its stake in Nordstrom by 101.8% during the second quarter. Atlas Capital Advisors LLC now owns 1,491 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 752 shares in the last quarter. Rothschild Investment LLC acquired a new position in shares of Nordstrom in the second quarter worth about $39,000. Blue Trust Inc. increased its position in shares of Nordstrom by 10,045.8% in the second quarter. Blue Trust Inc. now owns 2,435 shares of the specialty retailer’s stock worth $49,000 after acquiring an additional 2,411 shares in the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of Nordstrom during the second quarter valued at approximately $71,000. 88.73% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Nordstrom
In other news, COO Alexis Depree sold 20,000 shares of the stock in a transaction on 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 transaction, the chief operating officer now owns 169,331 shares of the company’s stock, valued at approximately $3,928,479.20. This represents a 10.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 5.78% of the company’s stock.
Nordstrom Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Tuesday, December 3rd will be given 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 dividend yield of 3.28%. Nordstrom’s dividend payout ratio is currently 48.41%.
About Nordstrom
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.
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