Nordstrom, Inc. (NYSE:JWN – Free Report) – Telsey Advisory Group increased their FY2025 earnings per share (EPS) estimates for Nordstrom in a research report issued on Wednesday, November 27th. Telsey Advisory Group analyst D. Telsey now anticipates that the specialty retailer will post earnings of $2.00 per share for the year, up from their previous forecast of $1.95. Telsey Advisory Group has a “Market Perform” rating and a $26.00 price objective on the stock. The consensus estimate for Nordstrom’s current full-year earnings is $1.91 per share. Telsey Advisory Group also issued estimates for Nordstrom’s Q4 2025 earnings at $0.91 EPS, Q4 2026 earnings at $0.96 EPS and FY2026 earnings at $2.06 EPS.
A number of other research analysts also recently issued reports on JWN. The Goldman Sachs Group boosted their price target on Nordstrom from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, August 28th. KeyCorp downgraded Nordstrom from an “overweight” rating to a “sector weight” rating in a report on Thursday, September 26th. StockNews.com raised Nordstrom from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. TD Cowen lifted their price objective on Nordstrom from $24.00 to $25.00 and gave the company a “hold” rating in a research report on Wednesday, August 28th. Finally, Bank of America lifted their price objective on Nordstrom from $20.00 to $22.00 and gave the company an “underperform” rating in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $21.29.
Nordstrom Stock Down 8.1 %
Shares of NYSE:JWN opened at $22.62 on Thursday. Nordstrom has a 1 year low of $14.80 and a 1 year high of $24.99. The company has a market cap of $3.71 billion, a PE ratio of 13.23 and a beta of 2.59. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.07 and a quick ratio of 0.41. The stock’s 50-day moving average is $22.85 and its 200 day moving average is $22.23.
Nordstrom (NYSE:JWN – Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The specialty retailer reported $0.33 EPS for the quarter, topping the consensus estimate of $0.22 by $0.11. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.34 billion. Nordstrom had a negative return on equity of 21.26% and a negative net margin of 1.44%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share.
Nordstrom Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Tuesday, December 3rd will be paid a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.76 annualized dividend and a dividend yield of 3.36%. Nordstrom’s payout ratio is currently 44.44%.
Insider Buying and Selling at Nordstrom
In other Nordstrom news, COO Alexis Depree sold 20,000 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $23.20, for a total transaction of $464,000.00. Following the sale, the chief operating officer now directly owns 169,331 shares in the company, valued at approximately $3,928,479.20. This trade represents a 10.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 5.78% of the company’s stock.
Hedge Funds Weigh In On Nordstrom
Several hedge funds and other institutional investors have recently modified their holdings of JWN. CANADA LIFE ASSURANCE Co raised its holdings in Nordstrom by 0.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 90,144 shares of the specialty retailer’s stock worth $1,828,000 after purchasing an additional 520 shares during the period. Atlas Capital Advisors LLC raised its holdings in Nordstrom by 101.8% in the 2nd quarter. Atlas Capital Advisors LLC now owns 1,491 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 752 shares during the period. State of Alaska Department of Revenue raised its holdings in Nordstrom by 7.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 11,236 shares of the specialty retailer’s stock worth $252,000 after purchasing an additional 760 shares during the period. Stephens Inc. AR raised its holdings in Nordstrom by 0.5% in the 3rd quarter. Stephens Inc. AR now owns 153,061 shares of the specialty retailer’s stock worth $3,442,000 after purchasing an additional 805 shares during the period. Finally, CWM LLC raised its holdings in Nordstrom by 28.7% in the 3rd quarter. CWM LLC now owns 3,628 shares of the specialty retailer’s stock worth $82,000 after purchasing an additional 810 shares during the period. 88.73% of the stock is owned by institutional investors.
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.
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