Zacks Research Increases Earnings Estimates for Nordstrom

Nordstrom, Inc. (NYSE:JWN) – Investment analysts at Zacks Research raised their FY2025 earnings estimates for Nordstrom in a research report issued on Tuesday, January 21st. Zacks Research analyst R. Lohia now expects that the specialty retailer will earn $1.95 per share for the year, up from their prior forecast of $1.93. The consensus estimate for Nordstrom’s current full-year earnings is $1.97 per share. Zacks Research also issued estimates for Nordstrom’s Q2 2026 earnings at $0.91 EPS, Q4 2026 earnings at $0.87 EPS, FY2026 earnings at $1.98 EPS, Q2 2027 earnings at $0.83 EPS and FY2027 earnings at $1.87 EPS.

JWN has been the topic of a number of other research reports. UBS Group upgraded shares of Nordstrom from a “sell” rating to a “neutral” rating and increased their price objective for the company from $14.50 to $24.00 in a research report on Friday, January 10th. Argus downgraded shares of Nordstrom from a “buy” rating to a “sell” rating in a research report on Monday, December 30th. Barclays increased their price objective on shares of Nordstrom from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Bank of America increased their price objective on shares of Nordstrom from $20.00 to $22.00 and gave the company an “underperform” rating in a research report on Wednesday, November 27th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $24.00 price objective on shares of Nordstrom in a research report on Monday, January 13th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $22.17.

Nordstrom Stock Down 0.1 %

Shares of Nordstrom stock opened at $24.21 on Thursday. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 15.42 and a beta of 2.52. The company’s 50 day moving average is $23.62 and its 200 day moving average is $22.86. Nordstrom has a twelve month low of $16.78 and a twelve month high of $24.99. 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 (NYSE:JWN) last posted its quarterly earnings results on Tuesday, November 26th. The specialty retailer reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.11. Nordstrom had a negative net margin of 1.57% and a negative return on equity of 18.04%. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.34 billion. During the same quarter in the prior year, the company posted $0.25 earnings per share. The business’s revenue for the quarter was up 4.6% on a year-over-year basis.

Hedge Funds Weigh In On Nordstrom

Several institutional investors have recently bought and sold shares of JWN. Envestnet Asset Management Inc. grew its stake in Nordstrom by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 272,922 shares of the specialty retailer’s stock valued at $5,791,000 after acquiring an additional 6,099 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Nordstrom by 4.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,136,639 shares of the specialty retailer’s stock worth $66,557,000 after buying an additional 137,094 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Nordstrom in the 2nd quarter worth $456,000. Intech Investment Management LLC purchased a new position in shares of Nordstrom in the 2nd quarter worth $273,000. Finally, Ensign Peak Advisors Inc grew its stake in shares of Nordstrom by 27.2% in the 2nd quarter. Ensign Peak Advisors Inc now owns 59,347 shares of the specialty retailer’s stock worth $1,259,000 after buying an additional 12,700 shares in the last quarter. 88.73% of the stock is owned by hedge funds and other institutional investors.

Nordstrom Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.76 annualized dividend and a dividend yield of 3.14%. Nordstrom’s payout ratio is 48.41%.

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.