Nordstrom, Inc. (NYSE:JWN – Free Report) – Stock analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for shares of Nordstrom in a research report issued to clients and investors on Tuesday, December 10th. Zacks Research analyst R. Lohia now forecasts that the specialty retailer will post earnings per share of $1.93 for the year, up from their prior estimate of $1.86. The consensus estimate for Nordstrom’s current full-year earnings is $1.93 per share. Zacks Research also issued estimates for Nordstrom’s Q4 2025 earnings at $0.88 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.30 EPS, Q4 2026 earnings at $0.89 EPS, FY2026 earnings at $1.96 EPS, Q2 2027 earnings at $0.81 EPS, Q3 2027 earnings at $0.21 EPS and FY2027 earnings at $1.73 EPS.
Nordstrom (NYSE:JWN – Get Free Report) last posted its quarterly earnings results 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 business had revenue of $3.35 billion during 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 firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company posted $0.25 earnings per share.
Nordstrom Trading Down 2.0 %
NYSE JWN opened at $22.51 on Thursday. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 2.65. Nordstrom has a 1-year low of $15.97 and a 1-year high of $24.99. The firm’s fifty day simple moving average is $23.00 and its 200-day simple moving average is $22.35. The company has a market capitalization of $3.71 billion, a PE ratio of 14.34 and a beta of 2.56.
Hedge Funds Weigh In On Nordstrom
Hedge funds and other institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. lifted its holdings in shares of Nordstrom by 1.7% during the second quarter. Victory Capital Management Inc. now owns 3,371,988 shares of the specialty retailer’s stock valued at $71,554,000 after acquiring an additional 57,546 shares during the period. Dimensional Fund Advisors LP grew its holdings 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 purchasing an additional 137,094 shares during the last quarter. American Century Companies Inc. lifted its holdings in Nordstrom by 66.2% during the 2nd quarter. American Century Companies Inc. now owns 1,661,227 shares of the specialty retailer’s stock valued at $35,251,000 after purchasing an additional 661,769 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Nordstrom by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,625,616 shares of the specialty retailer’s stock valued at $36,570,000 after purchasing an additional 5,407 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in Nordstrom by 38.4% in the second quarter. Marshall Wace LLP now owns 1,479,414 shares of the specialty retailer’s stock valued at $31,393,000 after buying an additional 410,152 shares in the last quarter. Institutional investors own 88.73% of the company’s stock.
Insider Buying and Selling
In related news, COO Alexis Depree sold 20,000 shares of the stock in a transaction dated Tuesday, September 24th. The shares were 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 of the company’s stock, valued at $3,928,479.20. This represents a 10.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.78% of the stock is owned by company insiders.
Nordstrom Announces Dividend
The business also recently announced 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. 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 presently 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.
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