Zacks Research Has Positive Outlook of Nordstrom Q1 Earnings

Nordstrom, Inc. (NYSE:JWN) – Research analysts at Zacks Research lifted their Q1 2026 earnings per share estimates for shares of Nordstrom in a report issued on Tuesday, December 10th. Zacks Research analyst R. Lohia now forecasts that the specialty retailer will earn ($0.10) per share for the quarter, up from their previous estimate of ($0.21). The consensus estimate for Nordstrom’s current full-year earnings is $1.94 per share. Zacks Research also issued estimates for Nordstrom’s Q1 2027 earnings at ($0.16) EPS.

Nordstrom (NYSE:JWN) last posted its quarterly earnings results on Tuesday, November 26th. The specialty retailer reported $0.33 earnings per share 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 business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter in the previous year, the business earned $0.25 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year.

A number of other equities research analysts have also recently commented on the stock. Citigroup raised their price objective on shares of Nordstrom from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 19th. Telsey Advisory Group upped their target price on Nordstrom from $24.00 to $26.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 27th. Bank of America lifted their price target on shares of Nordstrom from $20.00 to $22.00 and gave the company an “underperform” rating in a research note on Wednesday, November 27th. StockNews.com downgraded shares of Nordstrom from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 5th. Finally, TD Cowen increased their price target on Nordstrom from $24.00 to $25.00 and gave the company a “hold” rating in a report on Wednesday, August 28th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $21.29.

Nordstrom Stock Performance

Shares of JWN stock opened at $22.51 on Friday. Nordstrom has a 52-week low of $15.97 and a 52-week 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. The stock has a market cap of $3.71 billion, a PE ratio of 14.34 and a beta of 2.56. The business has a 50-day simple moving average of $23.00 and a 200-day simple moving average of $22.35.

Hedge Funds Weigh In On Nordstrom

Hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its position in shares of Nordstrom by 17.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,422,856 shares of the specialty retailer’s stock worth $32,000,000 after purchasing an additional 208,193 shares in the last quarter. Point72 Asset Management L.P. increased its stake in Nordstrom by 190.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 59,678 shares of the specialty retailer’s stock valued at $1,342,000 after buying an additional 39,104 shares during the period. Quantinno Capital Management LP raised its holdings in Nordstrom by 49.3% during the third quarter. Quantinno Capital Management LP now owns 145,146 shares of the specialty retailer’s stock worth $3,264,000 after purchasing an additional 47,923 shares in the last quarter. Cyndeo Wealth Partners LLC acquired a new stake in Nordstrom in the third quarter valued at about $6,248,000. Finally, Olympiad Research LP purchased a new stake in Nordstrom in the 3rd quarter valued at approximately $508,000. 88.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Nordstrom

In related news, COO Alexis Depree sold 20,000 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $23.20, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.78% of the stock is currently owned by corporate insiders.

Nordstrom Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Tuesday, December 3rd will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.38%. The ex-dividend date of this dividend is Tuesday, December 3rd. Nordstrom’s payout ratio is 48.41%.

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.