Nomad Foods (NYSE:NOMD) Releases FY 2026 Earnings Guidance

Nomad Foods (NYSE:NOMD) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.604-1.779 for the period, compared to the consensus estimate of 1.750. The company issued revenue guidance of -.

Nomad Foods Price Performance

NOMD opened at $11.29 on Thursday. Nomad Foods has a 52-week low of $8.99 and a 52-week high of $15.91. The company has a 50 day moving average of $11.19 and a two-hundred day moving average of $10.83. The company has a market cap of $1.58 billion, a P/E ratio of 10.96 and a beta of 0.69. The company has a quick ratio of 0.66, a current ratio of 1.06 and a debt-to-equity ratio of 0.91.

Nomad Foods (NYSE:NOMD) last issued its earnings results on Thursday, August 13th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. The business had revenue of $825.94 million for the quarter, compared to the consensus estimate of $822.17 million. Nomad Foods had a net margin of 4.43% and a return on equity of 9.05%. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. On average, analysts expect that Nomad Foods will post 1.75 earnings per share for the current year.

Nomad Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Tuesday, August 11th will be given a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.68 annualized dividend and a yield of 6.0%. Nomad Foods’s dividend payout ratio (DPR) is 66.02%.

Analysts Set New Price Targets

NOMD has been the subject of several analyst reports. Barclays upped their target price on Nomad Foods from $12.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. BTIG Research reissued a “buy” rating and set a $15.00 price target on shares of Nomad Foods in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 price target on shares of Nomad Foods in a report on Tuesday, July 21st. Zacks Research raised shares of Nomad Foods from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings upgraded shares of Nomad Foods from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 2nd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $13.25.

Insider Activity

In other Nomad Foods news, CEO Dominic Brisby bought 150,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $9.79 per share, with a total value of $1,468,500.00. Following the transaction, the chief executive officer directly owned 676,794 shares in the company, valued at approximately $6,625,813.26. This trade represents a 28.47% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 17.27% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Nomad Foods

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in Nomad Foods by 9.2% during the first quarter. Royal Bank of Canada now owns 143,968 shares of the company’s stock valued at $2,829,000 after buying an additional 12,131 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Nomad Foods by 81.3% in the 1st quarter. Millennium Management LLC now owns 656,686 shares of the company’s stock valued at $12,904,000 after acquiring an additional 294,386 shares during the last quarter. Jane Street Group LLC raised its position in shares of Nomad Foods by 50.2% during the 1st quarter. Jane Street Group LLC now owns 75,847 shares of the company’s stock valued at $1,490,000 after acquiring an additional 25,358 shares in the last quarter. Cetera Investment Advisers bought a new position in Nomad Foods during the second quarter worth $221,000. Finally, JPMorgan Chase & Co. increased its stake in Nomad Foods by 427.3% during the second quarter. JPMorgan Chase & Co. now owns 105,871 shares of the company’s stock valued at $1,799,000 after purchasing an additional 85,793 shares during the last quarter. Institutional investors own 75.26% of the company’s stock.

About Nomad Foods

Nomad Foods Limited is a leading frozen foods company headquartered in the United Kingdom, operating under the ticker symbol NOMD on the New York Stock Exchange. The company’s portfolio comprises well-known consumer brands such as Birds Eye, iglo, Findus, Goodfella’s and Aunt Bessie’s, covering a wide range of categories including vegetables, seafood, ready meals, pizzas and desserts. Nomad Foods focuses on delivering convenient, high-quality frozen products designed to meet evolving consumer preferences for taste, nutrition and ease of preparation.

Formed in 2015 through the acquisition of Iglo Group by investment firms Permira and Goldman Sachs Asset Management, Nomad Foods was created with the strategy of building Europe’s largest frozen foods platform.