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 EPS guidance of 1.720-1.900 for the period, compared to the consensus EPS estimate of 1.700. The company issued revenue guidance of -.

Nomad Foods Trading Down 6.9%

Shares of NYSE NOMD traded down $0.70 during mid-day trading on Friday, hitting $9.45. The company’s stock had a trading volume of 2,481,349 shares, compared to its average volume of 1,350,088. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 9.17 and a beta of 0.69. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.07 and a quick ratio of 0.66. Nomad Foods has a one year low of $9.17 and a one year high of $19.32. The company’s fifty day simple moving average is $9.92 and its 200-day simple moving average is $11.42.

Nomad Foods (NYSE:NOMD) last issued its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.06. The company had revenue of $827.87 million for the quarter, compared to analyst estimates of $804.00 million. Nomad Foods had a net margin of 4.43% and a return on equity of 9.06%. The company’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.21 EPS. Nomad Foods has set its FY 2026 guidance at 1.720-1.900 EPS. On average, sell-side analysts anticipate that Nomad Foods will post 1.81 earnings per share for the current fiscal year.

Nomad Foods Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on NOMD shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $10.00 target price (down from $15.00) on shares of Nomad Foods in a research note on Monday, March 30th. Barclays reduced their target price on shares of Nomad Foods from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Weiss Ratings lowered shares of Nomad Foods from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. BTIG Research reduced their target price on shares of Nomad Foods from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Finally, Mizuho cut their price target on shares of Nomad Foods from $15.00 to $13.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 3rd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $12.50.

Institutional Trading of Nomad Foods

Hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. raised its position in shares of Nomad Foods by 87.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,658 shares of the company’s stock valued at $45,000 after acquiring an additional 1,240 shares during the period. Johnson Financial Group Inc. acquired a new stake in shares of Nomad Foods in the 3rd quarter valued at approximately $43,000. Empowered Funds LLC acquired a new stake in shares of Nomad Foods in the 4th quarter valued at approximately $115,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Nomad Foods by 4,342.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,552 shares of the company’s stock valued at $119,000 after acquiring an additional 9,337 shares during the period. Finally, Arizona PSPRS Trust acquired a new stake in shares of Nomad Foods in the 3rd quarter valued at approximately $121,000. 75.26% of the stock is currently owned by institutional investors and hedge funds.

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.