Q3 Earnings Estimate for BNED Issued By Northland Securities

Key Points

• Northland Securities cut BNED’s Q3 2027 EPS estimate to $0.27 from $0.72, while forecasting Q4 2027 EPS of $0.21. The current full-year consensus estimate is $0.79 per share.
• In its latest quarter, Barnes & Noble Education reported a loss of $0.37 per share, better than the expected $0.48 loss, but revenue of $290.6 million fell short of the $306.66 million forecast.
• BNED shares recently traded at $13.93, near their 52-week high, while analysts maintained a “Moderate Buy” consensus rating with an average price target of $17.25. The company also declared a quarterly dividend of $0.08 per share, equivalent to a 2.3% yield.

Barnes & Noble Education, Inc (NYSE:BNED - Free Report) - Investment analysts at Northland Securities cut their Q3 2027 earnings estimates for shares of Barnes & Noble Education in a research report issued on Wednesday, October 21st. Northland Securities analyst O. Rickert now forecasts that the specialty retailer will post earnings per share of $0.27 for the quarter, down from their previous forecast of $0.72. The consensus estimate for Barnes & Noble Education's current full-year earnings is $0.79 per share. Northland Securities also issued estimates for Barnes & Noble Education's Q4 2027 earnings at $0.21 EPS.

Barnes & Noble Education (NYSE:BNED - Get Free Report) last released its quarterly earnings results on Tuesday, September 8th. The specialty retailer reported ($0.37) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.48) by $0.11. The company had revenue of $290.60 million during the quarter, compared to analysts' expectations of $306.66 million. Barnes & Noble Education had a net margin of 1.29% and a return on equity of 8.77%.

Other analysts have also issued research reports about the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $16.00 target price on shares of Barnes & Noble Education in a report on Wednesday, September 9th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Barnes & Noble Education in a research report on Monday. Wall Street Zen lowered Barnes & Noble Education from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Zacks Research upgraded shares of Barnes & Noble Education from a "hold" rating to a "strong-buy" rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $17.25.

Barnes & Noble Education Trading Up 1.3%

Barnes & Noble Education stock opened at $13.93 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.64 and a current ratio of 1.66. The business's 50-day simple moving average is $11.92 and its 200-day simple moving average is $11.42. The firm has a market capitalization of $482.78 million, a PE ratio of 21.76 and a beta of 1.44. Barnes & Noble Education has a 52 week low of $5.90 and a 52 week high of $14.75.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BNED. Squarepoint Ops LLC bought a new stake in Barnes & Noble Education in the 2nd quarter valued at $785,000. Bank of New York Mellon Corp bought a new position in shares of Barnes & Noble Education during the 2nd quarter worth about $510,000. Bank of America Corp DE lifted its holdings in shares of Barnes & Noble Education by 119.6% during the 1st quarter. Bank of America Corp DE now owns 355,943 shares of the specialty retailer's stock worth $3,143,000 after acquiring an additional 193,876 shares during the period. Kanen Wealth Management LLC boosted its position in shares of Barnes & Noble Education by 0.7% during the 1st quarter. Kanen Wealth Management LLC now owns 3,423,782 shares of the specialty retailer's stock valued at $30,232,000 after acquiring an additional 23,800 shares in the last quarter. Finally, Sei Investments Co. acquired a new stake in shares of Barnes & Noble Education during the 1st quarter valued at about $102,000. 38.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Gary Luster sold 2,267 shares of the business's stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $11.20, for a total transaction of $25,390.40. Following the transaction, the chief accounting officer directly owned 29,667 shares in the company, valued at $332,270.40. The trade was a 7.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jonathan Shar sold 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $11.04, for a total value of $331,200.00. Following the completion of the sale, the chief executive officer owned 325,285 shares of the company's stock, valued at $3,591,146.40. This represents a 8.44% decrease in their position. The SEC filing for this sale provides additional information. 1.70% of the stock is currently owned by company insiders.

Barnes & Noble Education Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, October 14th. Barnes & Noble Education's dividend payout ratio (DPR) is presently 50.00%.

Barnes & Noble Education Company Profile

Barnes & Noble Education, Inc NYSE: BNED is an education solutions company that supports colleges and universities, their students, faculty and campus communities. The company operates and manages college bookstores and provides higher-education institutions with products and services designed to support academic success and campus life.

BNED's offerings include new, used, rental and digital course materials; textbook and course-material fulfillment; general merchandise; school supplies; technology products; and custom or institution-branded apparel and gifts.

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