Telsey Advisory Group Predicts Nordstrom Q3 Earnings

Nordstrom, Inc. (NYSE:JWN) – Telsey Advisory Group dropped their Q3 2026 earnings estimates for Nordstrom in a report released on Monday, January 13th. Telsey Advisory Group analyst D. Telsey now anticipates that the specialty retailer will post earnings per share of $0.33 for the quarter, down from their prior estimate of $0.34. Telsey Advisory Group currently has a “Market Perform” rating and a $24.00 price objective on the stock. The consensus estimate for Nordstrom’s current full-year earnings is $1.94 per share. Telsey Advisory Group also issued estimates for Nordstrom’s Q4 2026 earnings at $0.97 EPS.

Several other analysts have also recently commented on the stock. Argus cut shares of Nordstrom from a “buy” rating to a “sell” rating in a research note on Monday, December 30th. KeyCorp downgraded Nordstrom from an “overweight” rating to a “sector weight” rating in a research report on Thursday, September 26th. UBS Group raised Nordstrom from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $14.50 to $24.00 in a report on Friday, January 10th. Bank of America lifted their price target on Nordstrom from $20.00 to $22.00 and gave the company an “underperform” rating in a research report on Wednesday, November 27th. Finally, Evercore ISI upped their price objective on Nordstrom from $22.00 to $24.00 and gave the stock an “in-line” rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Nordstrom currently has an average rating of “Hold” and a consensus target price of $22.08.

Nordstrom Trading Up 0.0 %

Shares of NYSE:JWN opened at $24.14 on Wednesday. The business has a 50-day moving average price of $23.49 and a 200-day moving average price of $22.77. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 15.38 and a beta of 2.52. Nordstrom has a 52-week low of $16.78 and a 52-week high of $24.99. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 2.65.

Nordstrom (NYSE:JWN) last issued its earnings results on Tuesday, November 26th. The specialty retailer reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.11. The company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.34 billion. Nordstrom had a negative return on equity of 18.04% and a negative net margin of 1.57%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the business posted $0.25 EPS.

Hedge Funds Weigh In On Nordstrom

A number of large investors have recently added to or reduced their stakes in JWN. Venturi Wealth Management LLC increased its stake in shares of Nordstrom by 355.9% during the third quarter. Venturi Wealth Management LLC now owns 1,272 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 993 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in Nordstrom during the 2nd quarter worth approximately $71,000. Blue Trust Inc. raised its holdings in shares of Nordstrom by 57.7% during the third quarter. Blue Trust Inc. now owns 3,839 shares of the specialty retailer’s stock valued at $81,000 after acquiring an additional 1,404 shares during the last quarter. CWM LLC boosted its stake in shares of Nordstrom by 28.7% in the third quarter. CWM LLC now owns 3,628 shares of the specialty retailer’s stock worth $82,000 after acquiring an additional 810 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale increased its position in shares of Nordstrom by 70.5% during the second quarter. DekaBank Deutsche Girozentrale now owns 5,387 shares of the specialty retailer’s stock worth $112,000 after purchasing an additional 2,227 shares in the last quarter. 88.73% of the stock is currently owned by institutional investors and hedge funds.

Nordstrom Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Tuesday, December 3rd were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 3.15%. Nordstrom’s dividend 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.