Nomad Foods (NYSE:NOMD) Issues 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 1.710-1.890 for the period, compared to the consensus earnings per share estimate of 2.060. The company issued revenue guidance of -.

Analyst Ratings Changes

Several equities analysts recently issued reports on NOMD shares. Mizuho cut their price target on shares of Nomad Foods from $17.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. BTIG Research reaffirmed a “buy” rating and set a $18.00 price objective on shares of Nomad Foods in a report on Monday, November 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Nomad Foods in a report on Wednesday, January 28th. Finally, Zacks Research upgraded Nomad Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

Nomad Foods Price Performance

Shares of Nomad Foods stock traded down $1.40 during midday trading on Thursday, reaching $10.93. The company had a trading volume of 5,986,294 shares, compared to its average volume of 1,892,939. The company has a current ratio of 1.02, a quick ratio of 0.59 and a debt-to-equity ratio of 0.81. The stock has a fifty day simple moving average of $12.44 and a 200 day simple moving average of $12.85. Nomad Foods has a 1-year low of $10.66 and a 1-year high of $20.81. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 7.60 and a beta of 0.72.

Nomad Foods (NYSE:NOMD) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. The business had revenue of $907.05 million during the quarter, compared to the consensus estimate of $775.52 million. Nomad Foods had a net margin of 6.56% and a return on equity of 9.73%. Nomad Foods’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 earnings per share. Nomad Foods has set its FY 2026 guidance at 1.710-1.890 EPS. As a group, equities research analysts forecast that Nomad Foods will post 1.82 earnings per share for the current year.

Nomad Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Wednesday, February 11th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Wednesday, February 11th. Nomad Foods’s dividend payout ratio (DPR) is presently 47.22%.

Institutional Trading of Nomad Foods

Several hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its position in Nomad Foods by 9.2% during the first quarter. Royal Bank of Canada now owns 143,968 shares of the company’s stock worth $2,829,000 after acquiring an additional 12,131 shares in the last quarter. Millennium Management LLC grew its position 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 period. Jane Street Group LLC increased its stake 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 worth $1,490,000 after purchasing an additional 25,358 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of Nomad Foods during the 2nd quarter worth about $221,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Nomad Foods by 427.3% in the 2nd 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 period. Institutional investors and hedge funds own 75.26% of the company’s stock.

Nomad Foods Company Profile

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.