Research Analysts Issue Forecasts for Nordstrom Q2 Earnings

Nordstrom, Inc. (NYSE:JWN) – William Blair raised their Q2 2026 earnings per share estimates for Nordstrom in a research report issued on Tuesday, March 4th. William Blair analyst D. Carden now forecasts that the specialty retailer will post earnings of $0.88 per share for the quarter, up from their previous estimate of $0.87. The consensus estimate for Nordstrom’s current full-year earnings is $1.97 per share. William Blair also issued estimates for Nordstrom’s Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $1.14 EPS and FY2026 earnings at $2.35 EPS.

Nordstrom (NYSE:JWN) last announced its quarterly earnings data on Tuesday, March 4th. The specialty retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.20. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.32 billion. Nordstrom had a negative return on equity of 18.04% and a negative net margin of 1.57%.

A number of other brokerages have also weighed in on JWN. Bank of America upped their target price on shares of Nordstrom from $20.00 to $22.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 27th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $24.00 price objective on shares of Nordstrom in a research note on Wednesday. Evercore ISI increased their target price on Nordstrom from $22.00 to $24.00 and gave the company an “in-line” rating in a research report on Monday, January 13th. UBS Group upgraded shares of Nordstrom from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $14.50 to $24.00 in a research report on Friday, January 10th. Finally, Citigroup increased their price objective on shares of Nordstrom from $22.00 to $23.00 and gave the company a “neutral” rating in a research report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $22.17.

Nordstrom Stock Up 0.4 %

Shares of JWN opened at $24.35 on Thursday. Nordstrom has a 12-month low of $16.78 and a 12-month high of $24.99. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 2.65. The company has a market capitalization of $4.02 billion, a PE ratio of 15.51 and a beta of 2.51. The business’s 50 day moving average is $24.23 and its 200 day moving average is $23.30.

Nordstrom Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Tuesday, March 11th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend is Tuesday, March 11th. Nordstrom’s dividend payout ratio is 48.41%.

Hedge Funds Weigh In On Nordstrom

A number of hedge funds and other institutional investors have recently made changes to their positions in JWN. Venturi Wealth Management LLC lifted its stake in Nordstrom by 355.9% in the third quarter. Venturi Wealth Management LLC now owns 1,272 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 993 shares during the period. Spire Wealth Management lifted its position in Nordstrom by 90.9% during the fourth quarter. Spire Wealth Management now owns 2,100 shares of the specialty retailer’s stock valued at $51,000 after acquiring an additional 1,000 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Nordstrom during the fourth quarter worth $63,000. Vestcor Inc acquired a new position in shares of Nordstrom during the fourth quarter worth $63,000. Finally, Atlas Capital Advisors Inc. lifted its holdings in shares of Nordstrom by 45.5% during the 4th quarter. Atlas Capital Advisors Inc. now owns 4,446 shares of the specialty retailer’s stock valued at $107,000 after purchasing an additional 1,391 shares during the last quarter. Institutional investors own 88.73% of the company’s stock.

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.