William Blair Has Bullish Forecast for Nordstrom Q2 Earnings

Nordstrom, Inc. (NYSE:JWN) – Equities research analysts at William Blair upped their Q2 2026 earnings per share estimates for Nordstrom in a report issued on Tuesday, March 4th. William Blair analyst D. Carden now forecasts that the specialty retailer will earn $0.88 per share for the quarter, up from their prior 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 results on Tuesday, March 4th. The specialty retailer reported $1.10 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 analysts’ expectations of $4.32 billion. Nordstrom had a negative return on equity of 18.04% and a negative net margin of 1.57%.

Several other brokerages also recently commented on JWN. StockNews.com initiated coverage on Nordstrom in a research note on Friday. They set a “buy” rating on the stock. Argus cut Nordstrom from a “buy” rating to a “sell” rating in a report on Monday, December 30th. Bank of America increased their target price on Nordstrom from $20.00 to $22.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 27th. Barclays lifted their price target 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. Finally, Evercore ISI increased their price objective on shares of Nordstrom from $22.00 to $24.00 and gave the stock an “in-line” rating in a research report on Monday, January 13th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $22.36.

Nordstrom Trading Up 0.1 %

Shares of NYSE JWN opened at $24.39 on Thursday. Nordstrom has a twelve month low of $16.78 and a twelve month high of $24.99. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of 15.53 and a beta of 2.51. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 2.65. The company’s fifty day moving average is $24.23 and its 200-day moving average is $23.31.

Institutional Investors Weigh In On Nordstrom

A number of institutional investors and hedge funds have recently made changes to their positions in JWN. Pentwater Capital Management LP bought a new position in shares of Nordstrom in the fourth quarter valued at $61,582,000. Hennessy Advisors Inc. bought a new position in shares of Nordstrom in the 4th quarter valued at about $56,026,000. Norges Bank acquired a new position in shares of Nordstrom during the 4th quarter worth about $33,480,000. Great Lakes Advisors LLC acquired a new position in shares of Nordstrom during the 4th quarter worth about $21,736,000. Finally, Verition Fund Management LLC raised its holdings in shares of Nordstrom by 147.4% in the 3rd quarter. Verition Fund Management LLC now owns 1,218,365 shares of the specialty retailer’s stock valued at $27,401,000 after purchasing an additional 725,803 shares during the period. Institutional investors own 88.73% of the company’s stock.

Nordstrom Announces Dividend

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

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.