William Blair Has Bullish Forecast for Nordstrom Q2 Earnings

Nordstrom, Inc. (NYSE:JWN) – Equities researchers at William Blair increased their Q2 2026 earnings estimates for Nordstrom in a research note issued to investors on Tuesday, March 4th. William Blair analyst D. Carden now expects that the specialty retailer will earn $0.88 per share for the quarter, up from their previous 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 data on Tuesday, March 4th. The specialty retailer reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.20. The company had revenue of $4.32 billion for 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 analysts also recently weighed in on the stock. Evercore ISI boosted their price target on shares of Nordstrom from $22.00 to $24.00 and gave the stock an “in-line” rating in a research note on Monday, January 13th. UBS Group raised Nordstrom from a “sell” rating to a “neutral” rating and boosted their target price for the company from $14.50 to $24.00 in a research note on Friday, January 10th. Barclays raised their price target on Nordstrom from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 16th. Citigroup boosted their price objective on Nordstrom from $22.00 to $23.00 and gave the company a “neutral” rating in a research report on Tuesday, November 19th. Finally, Argus lowered Nordstrom from a “buy” rating to a “sell” rating in a research note on Monday, December 30th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $22.17.

Nordstrom Trading Up 0.4 %

Shares of JWN opened at $24.35 on Thursday. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.35 and a current ratio of 1.14. Nordstrom has a fifty-two week low of $16.78 and a fifty-two week high of $24.99. The firm has a 50 day moving average price of $24.23 and a 200-day moving average price of $23.30. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 15.51 and a beta of 2.51.

Nordstrom Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Tuesday, March 11th will be issued a $0.19 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $0.76 annualized dividend and a yield of 3.12%. Nordstrom’s dividend payout ratio (DPR) is presently 48.41%.

Institutional Investors Weigh In On Nordstrom

A number of institutional investors have recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its stake in Nordstrom by 355.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,272 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 993 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of Nordstrom by 90.9% during the fourth quarter. Spire Wealth Management now owns 2,100 shares of the specialty retailer’s stock valued at $51,000 after purchasing an additional 1,000 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Nordstrom during the fourth quarter valued at $63,000. Vestcor Inc purchased a new position in Nordstrom in the 4th quarter worth about $63,000. Finally, Atlas Capital Advisors Inc. lifted its position in Nordstrom by 45.5% during the fourth quarter. Atlas Capital Advisors Inc. now owns 4,446 shares of the specialty retailer’s stock valued at $107,000 after purchasing an additional 1,391 shares during the period. Hedge funds and other institutional investors own 88.73% of the company’s stock.

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.