Nordstrom, Inc. (NYSE:JWN - Free Report) - Research analysts at Telsey Advisory Group decreased their Q3 2026 EPS estimates for Nordstrom in a research report issued on Monday, January 13th. Telsey Advisory Group analyst D. Telsey now expects that the specialty retailer will earn $0.33 per share for the quarter, down from their previous estimate of $0.34. Telsey Advisory Group has a "Market Perform" rating and a $24.00 price objective on the stock. The consensus estimate for Nordstrom's current full-year earnings is $1.94 per share. Telsey Advisory Group also issued estimates for Nordstrom's Q4 2026 earnings at $0.97 EPS.
Nordstrom (NYSE:JWN - Get Free Report) last issued 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 return on equity of 18.04% and a negative net margin of 1.57%. The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter in the previous year, the company posted $0.25 EPS. The business's revenue for the quarter was up 4.6% compared to the same quarter last year.
A number of other equities analysts have also issued reports on JWN. Evercore ISI upped their target price on shares of Nordstrom from $22.00 to $24.00 and gave the stock an "in-line" rating in a research report on Monday. UBS Group raised 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 report on Friday, January 10th. Citigroup lifted their target price on Nordstrom from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Tuesday, November 19th. Bank of America upped their price target on Nordstrom from $20.00 to $22.00 and gave the company an "underperform" rating in a research note on Wednesday, November 27th. Finally, KeyCorp cut Nordstrom from an "overweight" rating to a "sector weight" rating in a report on Thursday, September 26th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Nordstrom presently has an average rating of "Hold" and an average price target of $22.08.
Read Our Latest Report on JWN
Nordstrom Price Performance
JWN traded up $0.01 during midday trading on Wednesday, hitting $24.14. The company had a trading volume of 2,481,531 shares, compared to its average volume of 3,994,481. Nordstrom has a twelve month low of $16.78 and a twelve month high of $24.99. The company has a market capitalization of $3.98 billion, a PE ratio of 15.38 and a beta of 2.52. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.35 and a current ratio of 1.14. The firm's 50-day simple moving average is $23.49 and its 200-day simple moving average is $22.77.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of JWN. Hennessy Advisors Inc. acquired a new stake in Nordstrom in the fourth quarter worth $56,026,000. Verition Fund Management LLC raised its stake in Nordstrom by 147.4% during the 3rd quarter. Verition Fund Management LLC now owns 1,218,365 shares of the specialty retailer's stock worth $27,401,000 after buying an additional 725,803 shares during the period. American Century Companies Inc. raised its stake in Nordstrom by 66.2% during the 2nd quarter. American Century Companies Inc. now owns 1,661,227 shares of the specialty retailer's stock worth $35,251,000 after buying an additional 661,769 shares during the period. Marshall Wace LLP grew its stake in Nordstrom by 38.4% in the second quarter. Marshall Wace LLP now owns 1,479,414 shares of the specialty retailer's stock valued at $31,393,000 after acquiring an additional 410,152 shares during the period. Finally, Axiom Advisory LLC grew its stake in Nordstrom by 46.0% in the third quarter. Axiom Advisory LLC now owns 1,100,864 shares of the specialty retailer's stock valued at $24,456,000 after acquiring an additional 346,994 shares during the period. Institutional investors and hedge funds own 88.73% of the company's stock.
Nordstrom Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Tuesday, December 3rd were given a $0.19 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.15%. Nordstrom's dividend payout ratio is 48.41%.
About Nordstrom
(
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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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