Zacks Research Has Positive Outlook of Nordstrom Q2 Earnings

Nordstrom, Inc. (NYSE:JWN) – Zacks Research boosted their Q2 2026 earnings estimates for shares of Nordstrom in a research report issued to clients and investors on Wednesday, April 9th. Zacks Research analyst R. Lohia now forecasts that the specialty retailer will post earnings per share of $0.94 for the quarter, up from their previous forecast of $0.91. The consensus estimate for Nordstrom’s current full-year earnings is $1.97 per share. Zacks Research also issued estimates for Nordstrom’s Q3 2026 earnings at $0.32 EPS, FY2026 earnings at $2.11 EPS and Q2 2027 earnings at $0.95 EPS.

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

JWN has been the subject of a number of other reports. StockNews.com began coverage on shares of Nordstrom in a research note on Tuesday. They issued a “buy” rating for the company. Evercore ISI increased their price target on Nordstrom from $22.00 to $24.00 and gave the stock an “in-line” rating in a research note on Monday, January 13th. Telsey Advisory Group restated a “market perform” rating and issued a $24.00 price objective on shares of Nordstrom in a research report on Wednesday, March 5th. UBS Group raised Nordstrom from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $14.50 to $24.00 in a research note on Friday, January 10th. Finally, Argus downgraded Nordstrom from a “buy” rating to a “sell” rating in a research note on Monday, December 30th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Nordstrom has an average rating of “Hold” and an average target price of $22.80.

Nordstrom Trading Down 0.1 %

Nordstrom stock opened at $23.82 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 2.65. Nordstrom has a 12-month low of $17.21 and a 12-month high of $24.99. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 15.17 and a beta of 2.31. The firm has a 50 day moving average of $24.20 and a 200 day moving average of $23.65.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Versant Capital Management Inc raised its stake in Nordstrom by 40.9% during the first quarter. Versant Capital Management Inc now owns 1,618 shares of the specialty retailer’s stock valued at $40,000 after purchasing an additional 470 shares in the last quarter. Retirement Systems of Alabama grew its stake in shares of Nordstrom by 0.4% in the 4th quarter. Retirement Systems of Alabama now owns 117,801 shares of the specialty retailer’s stock worth $2,845,000 after buying an additional 512 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Nordstrom by 48.6% in the 1st quarter. Parallel Advisors LLC now owns 1,690 shares of the specialty retailer’s stock worth $41,000 after buying an additional 553 shares during the last quarter. Freestone Capital Holdings LLC raised its position in shares of Nordstrom by 3.0% during the 4th quarter. Freestone Capital Holdings LLC now owns 19,252 shares of the specialty retailer’s stock valued at $465,000 after buying an additional 558 shares in the last quarter. Finally, Amalgamated Bank lifted its holdings in shares of Nordstrom by 1.4% in the 4th quarter. Amalgamated Bank now owns 45,083 shares of the specialty retailer’s stock valued at $1,089,000 after acquiring an additional 617 shares during the last quarter. 88.73% of the stock is owned by hedge funds and other institutional investors.

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.