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 EPS guidance of 1.604-1.779 for the period, compared to the consensus EPS estimate of 1.750. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research firms recently weighed in on NOMD. Barclays increased their price target on Nomad Foods from $12.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $11.00 target price on shares of Nomad Foods in a report on Tuesday, July 21st. BTIG Research restated a “buy” rating and set a $15.00 price objective on shares of Nomad Foods in a research report on Wednesday, May 13th. Zacks Research raised Nomad Foods from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings upgraded 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 assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $13.25.

Nomad Foods Stock Down 0.7%

Shares of NOMD opened at $11.29 on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.91. Nomad Foods has a 12 month low of $8.99 and a 12 month high of $15.91. The firm’s 50 day moving average is $11.19 and its 200-day moving average is $10.83. The stock has a market capitalization of $1.58 billion, a PE ratio of 10.96 and a beta of 0.69.

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

Nomad Foods Dividend Announcement

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

Insider Buying and Selling

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 stock was purchased at an average cost of $9.79 per share, for a total transaction of $1,468,500.00. Following the completion of the purchase, the chief executive officer directly owned 676,794 shares of the company’s stock, valued at approximately $6,625,813.26. This trade represents a 28.47% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 17.27% of the stock is currently owned by corporate insiders.

Institutional Trading of Nomad Foods

Hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its holdings in shares of 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 buying an additional 12,131 shares in the last quarter. Millennium Management LLC grew its position in Nomad Foods by 81.3% during the 1st quarter. Millennium Management LLC now owns 656,686 shares of the company’s stock worth $12,904,000 after acquiring an additional 294,386 shares during the last quarter. Jane Street Group LLC grew its position in 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 acquiring an additional 25,358 shares during the last quarter. Cetera Investment Advisers acquired a new position in Nomad Foods in the 2nd quarter worth about $221,000. Finally, JPMorgan Chase & Co. increased its holdings in Nomad Foods by 427.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 105,871 shares of the company’s stock worth $1,799,000 after purchasing an additional 85,793 shares in the last quarter. Institutional investors and hedge funds 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.