Zacks Research Estimates Nordstrom's Q2 Earnings (NYSE:JWN)

Nordstrom, Inc. (NYSE:JWN - Free Report) - Investment analysts at Zacks Research increased their Q2 2026 EPS estimates for shares of Nordstrom in a research note issued on Wednesday, April 9th. Zacks Research analyst R. Lohia now anticipates that the specialty retailer will post earnings per share of $0.94 for the quarter, up from their previous forecast of $0.91. The consensus estimate for Nordstrom's current full-year earnings is $1.97 per share. Zacks Research also issued estimates for Nordstrom's Q3 2026 earnings at $0.32 EPS, FY2026 earnings at $2.11 EPS and Q2 2027 earnings at $0.95 EPS.

A number of other equities analysts also recently commented on the company. Argus downgraded Nordstrom from a "buy" rating to a "sell" rating in a research note on Monday, December 30th. UBS Group upgraded Nordstrom from a "sell" rating to a "neutral" rating and upped their price objective for the stock from $14.50 to $24.00 in a research note on Friday, January 10th. Telsey Advisory Group reiterated a "market perform" rating and issued a $24.00 target price on shares of Nordstrom in a research note on Wednesday, March 5th. Citigroup reiterated a "sell" rating and set a $22.00 price target (down previously from $25.00) on shares of Nordstrom in a research report on Friday, April 4th. Finally, StockNews.com initiated coverage on shares of Nordstrom in a research report on Wednesday. They set a "buy" rating on the stock. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $22.80.

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Nordstrom Stock Performance

Shares of NYSE:JWN traded down $0.11 on Friday, reaching $23.93. 1,037,309 shares of the company's stock were exchanged, compared to its average volume of 2,972,096. The business's 50-day moving average is $24.19 and its two-hundred day moving average is $23.68. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 2.65. Nordstrom has a fifty-two week low of $17.63 and a fifty-two week high of $24.99. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 15.24 and a beta of 2.31.

Nordstrom (NYSE:JWN - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The specialty retailer reported $1.10 earnings per share for the quarter, beating 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 firm had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.32 billion.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc raised its stake in Nordstrom by 40.9% during the 1st quarter. Versant Capital Management Inc now owns 1,618 shares of the specialty retailer's stock valued at $40,000 after purchasing an additional 470 shares during the period. Parallel Advisors LLC grew its position in Nordstrom by 48.6% during the first quarter. Parallel Advisors LLC now owns 1,690 shares of the specialty retailer's stock valued at $41,000 after purchasing an additional 553 shares in the last quarter. Spire Wealth Management grew its position in Nordstrom by 90.9% during the fourth quarter. Spire Wealth Management now owns 2,100 shares of the specialty retailer's stock valued at $51,000 after purchasing an additional 1,000 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in Nordstrom in the 4th quarter worth approximately $63,000. Finally, Vestcor Inc acquired a new stake in shares of Nordstrom during the 4th quarter valued at $63,000. 88.73% of the stock is owned by hedge funds and other 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.