William Blair Has Positive View of Nordstrom FY2026 Earnings

Nordstrom, Inc. (NYSE:JWN) – Stock analysts at William Blair lifted their FY2026 earnings per share estimates for Nordstrom in a research report issued on Wednesday, November 27th. William Blair analyst D. Carden now anticipates that the specialty retailer will post earnings per share of $2.09 for the year, up from their previous estimate of $2.07. The consensus estimate for Nordstrom’s current full-year earnings is $1.91 per share.

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. The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.34 billion. Nordstrom had a negative return on equity of 21.26% and a negative net margin of 1.44%. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the company earned $0.25 EPS.

Several other equities research analysts also recently weighed in on JWN. UBS Group increased their target price on shares of Nordstrom from $13.00 to $14.50 and gave the company a “sell” rating in a research note on Wednesday. Barclays raised shares of Nordstrom from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $18.00 to $23.00 in a research report on Thursday, September 5th. TD Cowen boosted their target price on Nordstrom from $24.00 to $25.00 and gave the company a “hold” rating in a research report on Wednesday, August 28th. JPMorgan Chase & Co. increased their price target on Nordstrom from $19.00 to $20.00 and gave the stock an “underweight” rating in a report on Wednesday, August 28th. Finally, StockNews.com raised Nordstrom from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $21.29.

Nordstrom Stock Down 8.1 %

Shares of JWN opened at $22.62 on Thursday. The company has a quick ratio of 0.41, a current ratio of 1.07 and a debt-to-equity ratio of 2.76. The business has a fifty day moving average of $22.85 and a 200 day moving average of $22.23. The company has a market cap of $3.71 billion, a PE ratio of 13.23 and a beta of 2.59. Nordstrom has a 52-week low of $14.80 and a 52-week high of $24.99.

Nordstrom Dividend Announcement

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 paid a $0.19 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.76 annualized dividend and a yield of 3.36%. Nordstrom’s dividend payout ratio (DPR) is currently 44.44%.

Insiders Place Their Bets

In other Nordstrom news, COO Alexis Depree sold 20,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $3,928,479.20. This trade represents a 10.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.78% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Nordstrom

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