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

Nomad Foods (NYSE:NOMD) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.720-1.900 for the period, compared to the consensus earnings per share estimate of 1.700. The company issued revenue guidance of -.

Nomad Foods Stock Performance

Shares of NOMD stock traded down $0.70 during mid-day trading on Friday, hitting $9.45. 2,481,349 shares of the stock were exchanged, compared to its average volume of 1,723,255. The stock’s fifty day simple moving average is $9.92 and its two-hundred day simple moving average is $11.42. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.66 and a current ratio of 1.07. Nomad Foods has a 12-month low of $9.17 and a 12-month high of $19.32. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 9.26 and a beta of 0.69.

Nomad Foods (NYSE:NOMD) last posted its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.06. The business had revenue of $827.87 million during the quarter, compared to the consensus estimate of $804.00 million. Nomad Foods had a return on equity of 9.83% and a net margin of 4.50%.The business’s quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.21 EPS. Nomad Foods has set its FY 2026 guidance at 1.720-1.900 EPS. On average, analysts forecast that Nomad Foods will post 1.7 EPS for the current year.

Nomad Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Tuesday, May 12th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Tuesday, May 12th. Nomad Foods’s dividend payout ratio (DPR) is 66.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NOMD shares. Barclays lowered their price objective on Nomad Foods from $13.00 to $12.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. BTIG Research reduced their price target on Nomad Foods from $18.00 to $15.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $10.00 price target (down from $15.00) on shares of Nomad Foods in a research note on Monday, March 30th. Mizuho cut their price objective on Nomad Foods from $15.00 to $13.00 and set an “outperform” rating for the company in a research report on Tuesday, March 3rd. Finally, Zacks Research downgraded Nomad Foods from a “hold” rating to a “strong sell” rating in a report on Monday, March 2nd. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.50.

Institutional Investors Weigh In On Nomad Foods

Institutional investors and hedge funds have recently made changes to their positions in the business. Johnson Financial Group Inc. purchased a new position in Nomad Foods during the 3rd quarter valued at about $43,000. Osaic Holdings Inc. lifted its holdings in shares of Nomad Foods by 87.4% in the second quarter. Osaic Holdings Inc. now owns 2,658 shares of the company’s stock valued at $45,000 after purchasing an additional 1,240 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Nomad Foods in the fourth quarter valued at approximately $115,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Nomad Foods by 4,342.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,552 shares of the company’s stock worth $119,000 after purchasing an additional 9,337 shares in the last quarter. Finally, Arizona PSPRS Trust purchased a new position in shares of Nomad Foods during the 3rd quarter worth approximately $121,000. 75.26% of the stock is currently owned by hedge funds and other institutional investors.

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.