Research Analysts Issue Forecasts for Nordstrom Q1 Earnings

Nordstrom, Inc. (NYSE:JWN) – Analysts at Zacks Research reduced their Q1 2026 EPS estimates for Nordstrom in a research note issued to investors on Wednesday, April 9th. Zacks Research analyst R. Lohia now anticipates that the specialty retailer will post earnings of ($0.14) per share for the quarter, down from their prior forecast of ($0.10). The consensus estimate for Nordstrom’s current full-year earnings is $1.97 per share. Zacks Research also issued estimates for Nordstrom’s Q4 2026 earnings at $0.99 EPS, Q1 2027 earnings at ($0.06) EPS, Q3 2027 earnings at $0.34 EPS, Q4 2027 earnings at $1.05 EPS, FY2027 earnings at $2.28 EPS and FY2028 earnings at $2.30 EPS.

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

Other research analysts have also recently issued research reports about the stock. UBS Group raised shares of Nordstrom from a “sell” rating to a “neutral” rating and upped their target price for the company from $14.50 to $24.00 in a research report on Friday, January 10th. StockNews.com assumed coverage on shares of Nordstrom in a report on Tuesday, April 8th. They issued a “buy” rating on the stock. Argus downgraded Nordstrom from a “buy” rating to a “sell” rating in a report on Monday, December 30th. Citigroup reiterated a “sell” rating and set a $22.00 target price (down previously from $25.00) on shares of Nordstrom in a research report on Friday, April 4th. Finally, Barclays lifted their price objective on shares of Nordstrom from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Thursday, January 16th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Nordstrom currently has a consensus rating of “Hold” and a consensus price target of $22.80.

Nordstrom Stock Up 0.1 %

Shares of NYSE JWN opened at $24.06 on Monday. Nordstrom has a 1 year low of $17.21 and a 1 year high of $24.99. The company has a market capitalization of $4.02 billion, a P/E ratio of 15.32 and a beta of 2.31. The company has a 50 day simple moving average of $24.19 and a 200-day simple moving average of $23.68. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.14 and a quick ratio of 0.35.

Institutional Investors Weigh In On Nordstrom

Several large investors have recently modified their holdings of the stock. SG Americas Securities LLC raised its position in Nordstrom by 187.7% during the first quarter. SG Americas Securities LLC now owns 49,870 shares of the specialty retailer’s stock valued at $1,219,000 after buying an additional 32,533 shares during the period. Harbor Capital Advisors Inc. bought a new position in Nordstrom during the first quarter valued at about $525,000. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Nordstrom by 75.2% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 23,379 shares of the specialty retailer’s stock valued at $572,000 after purchasing an additional 10,033 shares in the last quarter. Wedmont Private Capital increased its stake in Nordstrom by 15.4% in the first quarter. Wedmont Private Capital now owns 13,374 shares of the specialty retailer’s stock valued at $318,000 after acquiring an additional 1,785 shares during the period. Finally, Rhumbline Advisers boosted its stake in Nordstrom by 1.3% in the 1st quarter. Rhumbline Advisers now owns 274,526 shares of the specialty retailer’s stock valued at $6,712,000 after buying an additional 3,478 shares in the last quarter. 88.73% of the stock is owned by institutional investors.

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.