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 (EPS) guidance of 1.710-1.890 for the period, compared to the consensus estimate of 2.060. The company issued revenue guidance of -.

Nomad Foods Trading Down 5.1%

Shares of NYSE NOMD opened at $12.30 on Thursday. The company has a quick ratio of 0.59, a current ratio of 1.02 and a debt-to-equity ratio of 0.81. Nomad Foods has a 12 month low of $11.04 and a 12 month high of $20.81. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 8.54 and a beta of 0.72. The business has a fifty day simple moving average of $12.44 and a 200-day simple moving average of $12.85.

Nomad Foods (NYSE:NOMD) last announced its earnings results on Thursday, February 26th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01. The company had revenue of $907.05 million during the quarter, compared to analysts’ expectations of $775.52 million. Nomad Foods had a net margin of 6.56% and a return on equity of 9.73%. Nomad Foods has set its FY 2026 guidance at 1.710-1.890 EPS. Sell-side analysts predict that Nomad Foods will post 1.82 EPS for the current year.

Nomad Foods Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Wednesday, February 11th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Wednesday, February 11th. Nomad Foods’s payout ratio is presently 47.22%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. BTIG Research reiterated a “buy” rating and issued a $18.00 target price on shares of Nomad Foods in a report on Monday, November 10th. Zacks Research raised shares of Nomad Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Mizuho lowered their price target on shares of Nomad Foods from $17.00 to $15.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Nomad Foods in a research note on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $17.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Alliancebernstein L.P. boosted its holdings in Nomad Foods by 0.4% during the second quarter. Alliancebernstein L.P. now owns 7,330,537 shares of the company’s stock valued at $124,546,000 after acquiring an additional 27,177 shares during the period. Loomis Sayles & Co. L P grew its holdings in Nomad Foods by 2.7% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,856,727 shares of the company’s stock valued at $23,228,000 after buying an additional 48,060 shares during the last quarter. Wellington Management Group LLP increased its position in Nomad Foods by 7.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,713,601 shares of the company’s stock worth $22,534,000 after buying an additional 117,089 shares during the period. Qube Research & Technologies Ltd lifted its holdings in shares of Nomad Foods by 18.1% during the third quarter. Qube Research & Technologies Ltd now owns 1,412,060 shares of the company’s stock worth $18,569,000 after buying an additional 216,527 shares during the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of Nomad Foods by 39.7% in the third quarter. Two Sigma Investments LP now owns 1,355,241 shares of the company’s stock valued at $17,821,000 after acquiring an additional 384,828 shares during the period. 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.