Research Analysts Set Expectations for Nordstrom Q3 Earnings

Nordstrom, Inc. (NYSE:JWN) – Equities researchers at Telsey Advisory Group dropped their Q3 2026 earnings per share estimates for Nordstrom in a research report issued to clients and investors on Monday, January 13th. Telsey Advisory Group analyst D. Telsey now forecasts that the specialty retailer will earn $0.33 per share for the quarter, down from their prior estimate of $0.34. Telsey Advisory Group has a “Market Perform” rating and a $24.00 price target on the stock. The consensus estimate for Nordstrom’s current full-year earnings is $1.94 per share. Telsey Advisory Group also issued estimates for Nordstrom’s Q4 2026 earnings at $0.97 EPS.

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

JWN has been the subject of several other reports. StockNews.com assumed coverage on Nordstrom in a research note on Friday, January 10th. They issued a “buy” rating for the company. Evercore ISI increased 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. Bank of America upped their price target on shares of Nordstrom from $20.00 to $22.00 and gave the company an “underperform” rating in a report on Wednesday, November 27th. KeyCorp lowered Nordstrom from an “overweight” rating to a “sector weight” rating in a research report on Thursday, September 26th. Finally, Citigroup increased their price target on Nordstrom from $22.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Nordstrom currently has a consensus rating of “Hold” and a consensus target price of $22.08.

Nordstrom Stock Up 0.0 %

Shares of NYSE:JWN opened at $24.14 on Wednesday. The company has a 50-day moving average price of $23.49 and a 200 day moving average price of $22.77. 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 12 month low of $16.78 and a 12 month high of $24.99. The company has a market cap of $3.98 billion, a price-to-earnings ratio of 15.38 and a beta of 2.52.

Nordstrom Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Tuesday, December 3rd were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend was Tuesday, December 3rd. Nordstrom’s dividend payout ratio is 48.41%.

Hedge Funds Weigh In On Nordstrom

Several institutional investors have recently made changes to their positions in the company. Texas Permanent School Fund Corp grew its holdings in Nordstrom by 13.6% during the 2nd quarter. Texas Permanent School Fund Corp now owns 96,618 shares of the specialty retailer’s stock worth $2,050,000 after acquiring an additional 11,577 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new stake in Nordstrom during the second quarter worth $1,835,000. American Century Companies Inc. increased its holdings in shares of Nordstrom by 66.2% in 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 acquiring an additional 661,769 shares during the period. DekaBank Deutsche Girozentrale raised its position in shares of Nordstrom by 70.5% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,387 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 2,227 shares in the last quarter. Finally, Federated Hermes Inc. lifted its stake in shares of Nordstrom by 4.1% during the 2nd quarter. Federated Hermes Inc. now owns 310,573 shares of the specialty retailer’s stock worth $6,590,000 after purchasing an additional 12,214 shares during the last quarter. Hedge funds and other institutional investors own 88.73% of the company’s stock.

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.