William Blair Issues Negative Outlook for Nordstrom Earnings

Nordstrom, Inc. (NYSE:JWN) – Investment analysts at William Blair reduced their FY2025 EPS estimates for shares of Nordstrom in a research report issued to clients and investors on Wednesday, November 27th. William Blair analyst D. Carden now anticipates that the specialty retailer will post earnings of $1.99 per share for the year, down from their prior forecast of $2.01. The consensus estimate for Nordstrom’s current full-year earnings is $1.93 per share. William Blair also issued estimates for Nordstrom’s Q4 2025 earnings at $0.91 EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.32 EPS and Q4 2026 earnings at $0.90 EPS.

A number of other analysts have also recently commented on the stock. TD Cowen lifted their target price on shares of Nordstrom from $24.00 to $25.00 and gave the stock a “hold” rating in a research note on Wednesday, August 28th. Telsey Advisory Group lifted their price objective on shares of Nordstrom from $24.00 to $26.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 27th. Citigroup raised their target price on Nordstrom from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 19th. Evercore ISI lifted their price target on Nordstrom from $20.00 to $22.00 and gave the stock an “in-line” rating in a research report on Wednesday, November 27th. Finally, The Goldman Sachs Group raised their price objective on Nordstrom from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. Three research 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.29.

Nordstrom Price Performance

Shares of NYSE JWN opened at $23.19 on Monday. Nordstrom has a fifty-two week low of $15.08 and a fifty-two week high of $24.99. The company has a market cap of $3.81 billion, a PE ratio of 14.77 and a beta of 2.56. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.35 and a current ratio of 1.14. The business has a 50-day simple moving average of $22.85 and a two-hundred day simple moving average of $22.28.

Nordstrom (NYSE:JWN) last released 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. Nordstrom had a negative net margin of 1.57% and a negative return on equity of 18.04%. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.34 billion. During the same period in the previous year, the company earned $0.25 earnings per share. The business’s revenue for the quarter was up 4.6% on a year-over-year basis.

Institutional Trading of Nordstrom

Several institutional investors have recently modified their holdings of JWN. Verition Fund Management LLC boosted its stake in Nordstrom by 147.4% during the 3rd quarter. Verition Fund Management LLC now owns 1,218,365 shares of the specialty retailer’s stock worth $27,401,000 after purchasing an additional 725,803 shares during the last quarter. American Century Companies Inc. raised its holdings in 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 last quarter. Marshall Wace LLP lifted its stake in Nordstrom by 38.4% in the 2nd quarter. Marshall Wace LLP now owns 1,479,414 shares of the specialty retailer’s stock worth $31,393,000 after purchasing an additional 410,152 shares in the last quarter. NewSquare Capital LLC acquired a new position in shares of Nordstrom during the 2nd quarter worth approximately $7,783,000. Finally, Axiom Advisory LLC grew its position in shares of Nordstrom by 46.0% in the third quarter. Axiom Advisory LLC now owns 1,100,864 shares of the specialty retailer’s stock valued at $24,456,000 after purchasing an additional 346,994 shares in the last quarter. Institutional investors and hedge funds own 88.73% of the company’s stock.

Insider Activity

In related news, COO Alexis Depree sold 20,000 shares of the business’s stock in a transaction on 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 sale, the chief operating officer now owns 169,331 shares of the company’s stock, valued at approximately $3,928,479.20. The trade was a 10.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 5.78% of the company’s stock.

Nordstrom Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Tuesday, December 3rd will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Tuesday, December 3rd. Nordstrom’s payout ratio is currently 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.