Nordstrom, Inc. (NYSE:JWN - Free Report) - Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for Nordstrom in a research report issued on Wednesday, April 9th. Zacks Research analyst R. Lohia now expects that the specialty retailer will earn ($0.14) per share for the quarter, down from their previous forecast of ($0.10). The consensus estimate for Nordstrom's current full-year earnings is $1.97 per share. Zacks Research also issued estimates for Nordstrom's Q4 2026 earnings at $0.99 EPS, Q1 2027 earnings at ($0.06) EPS, Q3 2027 earnings at $0.34 EPS, Q4 2027 earnings at $1.05 EPS, FY2027 earnings at $2.28 EPS and FY2028 earnings at $2.30 EPS.
Nordstrom (NYSE:JWN - Get Free Report) last announced its earnings results on Tuesday, March 4th. The specialty retailer reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.20. The company had revenue of $4.32 billion for 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%.
A number of other analysts have also recently issued reports on JWN. Evercore ISI lifted their target price on shares of Nordstrom from $22.00 to $24.00 and gave the company an "in-line" rating in a research note on Monday, January 13th. StockNews.com began coverage on Nordstrom in a research note on Tuesday, April 8th. They issued a "buy" rating on the stock. Telsey Advisory Group reiterated a "market perform" rating and set a $24.00 price target on shares of Nordstrom in a report on Wednesday, March 5th. Citigroup reiterated a "sell" rating and issued a $22.00 target price (down from $25.00) on shares of Nordstrom in a research note on Friday, April 4th. Finally, Barclays lifted their price objective on Nordstrom from $23.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Thursday, January 16th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $22.80.
Read Our Latest Research Report on JWN
Nordstrom Stock Up 0.1 %
JWN traded up $0.02 during trading on Monday, reaching $24.06. 1,661,801 shares of the stock traded hands, compared to its average volume of 2,616,724. Nordstrom has a fifty-two week low of $17.21 and a fifty-two week high of $24.99. The stock's 50-day simple moving average is $24.19 and its two-hundred day simple moving average is $23.68. 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 stock has a market cap of $4.02 billion, a price-to-earnings ratio of 15.32 and a beta of 2.31.
Institutional Investors Weigh In On Nordstrom
A number of institutional investors and hedge funds have recently made changes to their positions in JWN. SG Americas Securities LLC grew its position in Nordstrom by 187.7% during the first quarter. SG Americas Securities LLC now owns 49,870 shares of the specialty retailer's stock worth $1,219,000 after buying an additional 32,533 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Nordstrom in the 1st quarter valued at $525,000. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Nordstrom by 75.2% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 23,379 shares of the specialty retailer's stock valued at $572,000 after buying an additional 10,033 shares during the period. Wedmont Private Capital increased its position in Nordstrom by 15.4% in the 1st quarter. Wedmont Private Capital now owns 13,374 shares of the specialty retailer's stock valued at $318,000 after acquiring an additional 1,785 shares during the period. Finally, Rhumbline Advisers grew its position in shares of Nordstrom by 1.3% in the 1st quarter. Rhumbline Advisers now owns 274,526 shares of the specialty retailer's stock valued at $6,712,000 after buying an additional 3,478 shares during the last quarter. Institutional investors own 88.73% of the company's stock.
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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