William Blair Has Positive Outlook of Nordstrom Q2 Earnings

Nordstrom, Inc. (NYSE:JWN - Free Report) - Research analysts at William Blair increased their Q2 2026 EPS estimates for shares of Nordstrom in a research note issued on Tuesday, March 4th. William Blair analyst D. Carden now expects that the specialty retailer will post earnings per share of $0.88 for the quarter, up from their previous forecast of $0.87. The consensus estimate for Nordstrom's current full-year earnings is $1.97 per share. William Blair also issued estimates for Nordstrom's Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $1.14 EPS and FY2026 earnings at $2.35 EPS.

JWN has been the topic of a number of other reports. Barclays increased 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. Citigroup increased their target price on Nordstrom from $22.00 to $23.00 and gave the stock a "neutral" rating in a report on Tuesday, November 19th. UBS Group upgraded Nordstrom from a "sell" rating to a "neutral" rating and increased their target price for the stock from $14.50 to $24.00 in a report on Friday, January 10th. Evercore ISI increased their target price on Nordstrom from $22.00 to $24.00 and gave the stock an "in-line" rating in a report on Monday, January 13th. Finally, Argus cut Nordstrom from a "buy" rating to a "sell" rating in a report on Monday, December 30th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Nordstrom currently has an average rating of "Hold" and a consensus target price of $22.90.

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Nordstrom Trading Up 0.3 %

Shares of JWN stock traded up $0.07 during trading hours on Thursday, hitting $24.46. 2,993,299 shares of the company were exchanged, compared to its average volume of 2,291,777. The firm has a market cap of $4.04 billion, a P/E ratio of 15.58 and a beta of 2.60. Nordstrom has a fifty-two week low of $16.78 and a fifty-two week high of $24.99. 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 company has a 50 day simple moving average of $24.24 and a two-hundred day simple moving average of $23.35.

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

Nordstrom Announces Dividend

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

Hedge Funds Weigh In On Nordstrom

Several large investors have recently bought and sold shares of the stock. Venturi Wealth Management LLC raised its stake in shares of Nordstrom by 355.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,272 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 993 shares during the period. Spire Wealth Management raised its stake in shares of Nordstrom by 90.9% during the 4th quarter. Spire Wealth Management now owns 2,100 shares of the specialty retailer's stock worth $51,000 after purchasing an additional 1,000 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of Nordstrom during the 4th quarter worth $63,000. Vestcor Inc bought a new stake in shares of Nordstrom during the 4th quarter worth $63,000. Finally, Atlas Capital Advisors Inc. raised its stake in shares of Nordstrom by 45.5% during the 4th quarter. Atlas Capital Advisors Inc. now owns 4,446 shares of the specialty retailer's stock worth $107,000 after purchasing an additional 1,391 shares during the period. 88.73% of the stock is currently owned by institutional investors.

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.