Nordstrom, Inc. (NYSE:JWN – Free Report) – Investment analysts at Telsey Advisory Group lifted their FY2025 earnings per share estimates for shares of Nordstrom in a research report issued on Wednesday, November 27th. Telsey Advisory Group analyst D. Telsey now expects that the specialty retailer will earn $2.00 per share for the year, up from their previous estimate of $1.95. Telsey Advisory Group has a “Market Perform” rating and a $26.00 price target 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.
Several other brokerages have also recently issued reports on JWN. Barclays upgraded Nordstrom from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $18.00 to $23.00 in a research note on Thursday, September 5th. StockNews.com raised Nordstrom from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Citigroup lifted their price objective on Nordstrom from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Evercore ISI upped their target price on shares of Nordstrom from $20.00 to $22.00 and gave the stock an “in-line” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised their target price on shares of Nordstrom from $19.00 to $20.00 and gave the company an “underweight” rating in a report on Wednesday, August 28th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $20.65.
Nordstrom Price Performance
Nordstrom stock opened at $22.62 on Thursday. The company has a quick ratio of 0.41, a current ratio of 1.07 and a debt-to-equity ratio of 2.76. Nordstrom has a 52-week low of $14.80 and a 52-week high of $24.99. The firm has a market cap of $3.71 billion, a PE ratio of 13.23 and a beta of 2.59. The company’s 50 day moving average is $22.86 and its two-hundred day moving average is $22.23.
Nordstrom (NYSE:JWN – Get Free Report) last issued its quarterly earnings results on Tuesday, November 26th. The specialty retailer reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.11. The business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.34 billion. Nordstrom had a negative net margin of 1.44% and a negative return on equity of 21.26%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.25 earnings per share.
Nordstrom Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend is Tuesday, December 3rd. Nordstrom’s dividend payout ratio (DPR) is 44.44%.
Insider Buying and Selling at Nordstrom
In other news, COO Alexis Depree sold 20,000 shares of the firm’s stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 5.78% of the stock is owned by company insiders.
Institutional Trading of Nordstrom
A number of large investors have recently bought and sold shares of the business. Franklin Resources Inc. increased its stake in Nordstrom by 29.9% in the third quarter. Franklin Resources Inc. now owns 50,294 shares of the specialty retailer’s stock valued at $1,152,000 after purchasing an additional 11,583 shares during the period. Tidal Investments LLC increased its position in Nordstrom by 47.8% in the 3rd quarter. Tidal Investments LLC now owns 17,602 shares of the specialty retailer’s stock valued at $396,000 after acquiring an additional 5,690 shares during the period. Sanctuary Advisors LLC raised its stake in Nordstrom by 160.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 51,071 shares of the specialty retailer’s stock valued at $1,187,000 after acquiring an additional 31,498 shares during the last quarter. Virtu Financial LLC acquired a new stake in Nordstrom during the 3rd quarter worth approximately $451,000. Finally, Geode Capital Management LLC grew its stake in shares of Nordstrom by 0.3% in 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. Institutional investors and hedge funds 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.
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