Telsey Advisory Group Comments on Nordstrom Q1 Earnings

Nordstrom, Inc. (NYSE:JWN) – Equities research analysts at Telsey Advisory Group increased their Q1 2026 earnings estimates for Nordstrom in a research report issued to clients and investors on Wednesday, November 27th. Telsey Advisory Group analyst D. Telsey now anticipates that the specialty retailer will earn ($0.21) per share for the quarter, up from their previous forecast of ($0.22). Telsey Advisory Group has a “Market Perform” rating and a $26.00 price target on the stock. The consensus estimate for Nordstrom’s current full-year earnings is $1.93 per share. Telsey Advisory Group also issued estimates for Nordstrom’s Q3 2026 earnings at $0.34 EPS.

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

Several other research analysts have also recently weighed in on JWN. Barclays raised Nordstrom from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $18.00 to $23.00 in a research note on Thursday, September 5th. The Goldman Sachs Group raised their price objective on shares of Nordstrom from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, August 28th. StockNews.com raised shares of Nordstrom from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. Evercore ISI increased their target price 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. Finally, Citigroup lifted 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 strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $21.29.

Nordstrom Stock Performance

Shares of NYSE JWN opened at $23.05 on Monday. Nordstrom has a 1 year low of $15.08 and a 1 year high of $24.99. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.41 and a current ratio of 1.14. The stock has a fifty day moving average price of $22.85 and a two-hundred day moving average price of $22.26. The firm has a market cap of $3.78 billion, a P/E ratio of 14.68 and a beta of 2.59.

Nordstrom Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Tuesday, December 3rd will be given a dividend of $0.19 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 3.30%. Nordstrom’s payout ratio is 48.41%.

Insider Buying and Selling at Nordstrom

In other news, COO Alexis Depree sold 20,000 shares of the stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $23.20, for a total transaction of $464,000.00. Following the transaction, the chief operating officer now owns 169,331 shares in the company, valued at $3,928,479.20. This represents a 10.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.78% of the company’s stock.

Institutional Investors Weigh In On Nordstrom

A number of large investors have recently bought and sold shares of the business. Franklin Resources Inc. raised its holdings in Nordstrom by 29.9% during the third quarter. Franklin Resources Inc. now owns 50,294 shares of the specialty retailer’s stock valued at $1,152,000 after buying an additional 11,583 shares in the last quarter. Tidal Investments LLC increased its holdings in shares of Nordstrom by 47.8% during the 3rd quarter. Tidal Investments LLC now owns 17,602 shares of the specialty retailer’s stock valued at $396,000 after acquiring an additional 5,690 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of Nordstrom by 160.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 51,071 shares of the specialty retailer’s stock valued at $1,187,000 after acquiring an additional 31,498 shares in the last quarter. Virtu Financial LLC acquired a new stake in Nordstrom in the 3rd quarter worth approximately $451,000. Finally, Geode Capital Management LLC boosted its position in Nordstrom by 0.3% during the third quarter. Geode Capital Management LLC now owns 1,625,616 shares of the specialty retailer’s stock worth $36,570,000 after purchasing an additional 5,407 shares during the period. 88.73% of the stock is currently owned by institutional investors.

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.