William Blair Decreases Earnings Estimates for Nordstrom

Nordstrom, Inc. (NYSE:JWN - Free Report) - William Blair lowered their FY2025 earnings per share estimates for Nordstrom in a research report issued on Wednesday, November 27th. William Blair analyst D. Carden now expects that the specialty retailer will post earnings per share of $1.99 for the year, down from their prior estimate of $2.01. The consensus estimate for Nordstrom's current full-year earnings is $1.93 per share. William Blair also issued estimates for Nordstrom's Q4 2025 earnings at $0.91 EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.32 EPS and Q4 2026 earnings at $0.90 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 for the quarter, beating analysts' consensus estimates of $0.22 by $0.11. The business had revenue of $3.35 billion for the quarter, compared to analysts' expectations of $3.34 billion. Nordstrom had a negative net margin of 1.57% and a negative return on equity of 18.04%. The company's revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.25 earnings per share.

A number of other brokerages also recently weighed in on JWN. Barclays upgraded Nordstrom from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $18.00 to $23.00 in a report on Thursday, September 5th. JPMorgan Chase & Co. lifted their target price on shares of Nordstrom from $19.00 to $20.00 and gave the company an "underweight" rating in a research note on Wednesday, August 28th. The Goldman Sachs Group upped their price target on shares of Nordstrom from $19.00 to $21.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 28th. Telsey Advisory Group increased their price objective on Nordstrom from $24.00 to $26.00 and gave the stock a "market perform" rating in a report on Wednesday, November 27th. Finally, TD Cowen boosted their target price on Nordstrom from $24.00 to $25.00 and gave the company a "hold" rating in a research note on Wednesday, August 28th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $21.29.

Nordstrom Trading Up 1.5 %

JWN traded up $0.34 during trading on Monday, reaching $23.05. The company had a trading volume of 3,519,962 shares, compared to its average volume of 3,061,375. The firm's 50-day simple moving average is $22.85 and its 200 day simple moving average is $22.25. The company has a market cap of $3.78 billion, a price-to-earnings ratio of 14.43 and a beta of 2.59. Nordstrom has a 12-month low of $15.08 and a 12-month high of $24.99. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.41 and a current ratio of 1.14.

Nordstrom Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Tuesday, December 3rd will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Tuesday, December 3rd. Nordstrom's dividend payout ratio is currently 48.41%.

Insider Activity

In other Nordstrom news, COO Alexis Depree sold 20,000 shares of Nordstrom stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $23.20, for a total value of $464,000.00. Following the completion of the transaction, the chief operating officer now owns 169,331 shares in the company, valued at approximately $3,928,479.20. The trade was a 10.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.78% of the stock is owned by company insiders.

Institutional Investors Weigh In On Nordstrom

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC grew 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 valued at $29,000 after acquiring an additional 993 shares during the period. Atlas Capital Advisors LLC boosted its position in shares of Nordstrom by 101.8% during the second quarter. Atlas Capital Advisors LLC now owns 1,491 shares of the specialty retailer's stock worth $32,000 after buying an additional 752 shares during the period. Rothschild Investment LLC acquired a new position in shares of Nordstrom during the second quarter worth about $39,000. Blue Trust Inc. raised its holdings in Nordstrom by 10,045.8% during the second quarter. Blue Trust Inc. now owns 2,435 shares of the specialty retailer's stock worth $49,000 after acquiring an additional 2,411 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new stake in Nordstrom during the second quarter worth about $71,000. Institutional investors own 88.73% of the company's stock.

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.