Q1 Earnings Estimate for Nordstrom Issued By William Blair

Nordstrom, Inc. (NYSE:JWN - Free Report) - Research analysts at William Blair issued their Q1 2027 earnings estimates for Nordstrom in a report issued on Tuesday, March 4th. William Blair analyst D. Carden expects that the specialty retailer will post earnings per share of $0.04 for the quarter. The consensus estimate for Nordstrom's current full-year earnings is $1.97 per share. William Blair also issued estimates for Nordstrom's Q2 2027 earnings at $0.95 EPS, Q3 2027 earnings at $0.39 EPS, Q4 2027 earnings at $1.23 EPS and FY2027 earnings at $2.61 EPS.

Nordstrom (NYSE:JWN - Get Free Report) last posted its earnings results on Tuesday, March 4th. The specialty retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $0.90 by $0.20. Nordstrom had a negative return on equity of 18.04% and a negative net margin of 1.57%. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.32 billion.

Several other brokerages have also recently weighed in on JWN. Evercore ISI upped their price objective on shares of Nordstrom from $22.00 to $24.00 and gave the stock an "in-line" rating in a research note on Monday, January 13th. Barclays boosted their target price on Nordstrom from $23.00 to $24.00 and gave the stock an "equal weight" rating in a report on Thursday, January 16th. Argus cut Nordstrom from a "buy" rating to a "sell" rating in a report on Monday, December 30th. Citigroup boosted their price objective on Nordstrom from $22.00 to $23.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 19th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $24.00 target price on shares of Nordstrom in a report on Wednesday, March 5th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $22.90.

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Nordstrom Price Performance

Shares of JWN traded down $0.01 during trading hours on Friday, hitting $24.45. The stock had a trading volume of 673,800 shares, compared to its average volume of 2,255,189. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 15.57 and a beta of 2.60. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.14 and a quick ratio of 0.35. The company's fifty day moving average is $24.24 and its two-hundred day moving average is $23.35. Nordstrom has a 52 week low of $16.78 and a 52 week high of $24.99.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Cooper Creek Partners Management LLC lifted its holdings in Nordstrom by 11.0% in the fourth quarter. Cooper Creek Partners Management LLC now owns 3,757,847 shares of the specialty retailer's stock valued at $90,752,000 after buying an additional 372,024 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Nordstrom by 4.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,265,322 shares of the specialty retailer's stock valued at $78,858,000 after acquiring an additional 138,900 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Nordstrom by 18.3% in the 4th quarter. American Century Companies Inc. now owns 2,912,254 shares of the specialty retailer's stock valued at $70,331,000 after purchasing an additional 450,539 shares during the period. Pentwater Capital Management LP bought a new position in shares of Nordstrom in the 4th quarter worth $61,582,000. Finally, Hennessy Advisors Inc. acquired a new stake in shares of Nordstrom during the fourth quarter worth $56,026,000. Institutional investors own 88.73% of the company's stock.

Nordstrom Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Tuesday, March 11th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $0.76 dividend on an annualized basis and a yield of 3.11%. Nordstrom's payout ratio is presently 44.19%.

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.