NOMD · NYSE · Packaged Foods

Nomad Foods (NOMD)

Manufactures and distributes branded frozen food across European markets.

$10.76
vs last close+0.25 (+2.43%)
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Nomad Foods LimitedNOMD
Consumer Staples

Manufactures, sells, and distributes branded frozen fish, vegetables, poultry, ready meals, pizza, and potatoes. A single Frozen segment unites Birds Eye, iglo, Findus, Ledo, and Frikom across 22 European markets.

Built through acquisitions, the Frozen segment manufactures, sells, and distributes branded frozen products under established local brands. Birds Eye, iglo, Findus, Ledo, and Frikom anchor a portfolio formed through several acquisitions.

Across 22 European markets, those brands provide frozen products while retaining local identities. The group operates one frozen-food platform across Europe. The range includes fish, vegetables, poultry, ready meals, pizza, potatoes, and ice cream.

Headquartered in the United Kingdom, the acquisition-built group combines organic development with strategic acquisitions. Under CEO Dominic Brisby, Frozen remains the sole reportable and operating segment.

Company facts

CEODominic Brisby
ListedJan 12, 2016
ExchangeNYSE
HeadquartersWoking, United Kingdom
CountryUnited Kingdom
Employees7,024
CIK0001651717
ISINVGG6564A1057

Market cap$1.47B
EPS (ttm)$1.00
P/E (ttm)10.50
ROE4.9%
P/B0.5108
P/S0.4338
Dividend yieldDiv yield6.48%
Beta0.03vs XLP 0.79

Price target$12.50+19.0%Average of 13 analysts
ConsensusBuy10 of 13 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 21, 2026Deutsche BankReiterate
Rating: Target: $22
Rating: HoldTarget: $11
Jul 20, 2026BarclaysReiterate
Rating: Target: $12
Rating: OverweightTarget: $14
Apr 14, 2026BarclaysTarget
Target: $20
Target: $12
Mar 30, 2026Deutsche BankDowngrade
Rating: Buy
Rating: Hold
Jan 8, 2026Mizuho SecuritiesTarget
Target: $23
Target: $15

Next report
Nov 5, 26
in 43 days
EPS estimate
$0.50
Revenue estimate
$846.3M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.45$0.37$0.45$0.57$0.50$0.27$0.45Pending
Estimate$0.39$0.41$0.44$0.47$0.50$0.21$0.44$0.50
Surprise+15.4%−9.8%+2.3%+21.2%0.0%+28.6%+3.2%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$821.6M$833.3M$879.4M$881.2M$908.0M$826.3M$826.5MPending
Estimate$769.4M$762.8M$762.1M$760.7M$912.3M$804.0M$825.0M$846.3M
Surprise+6.8%+9.2%+15.4%+15.8%−0.5%+2.8%+0.2%
Estimate$0.50
ReportedDue Nov 5, 2026
Estimate$846.3M
ReportedDue Nov 5, 2026
View details

Debt to equity91.80%
Current ratio109.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$877.1M$904.3M$866.3M$851.3M$857.5M$881.1M$815.1M$824.8M
Net income$80.1M$58.6M$37.3M$65.1M$65.6M−$12.2M$32.9M$55.3M
Net margin9.1%6.5%4.3%7.6%7.7%0.0%4.0%6.7%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$139.5M$104.3M$84.1M$99.7M$106.7M$80.4M$75.9M$101.0M
YoY growth+24.4%+37.2%+2.5%−13.5%−23.5%−23.0%−9.8%+1.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $311.6M · Total debt $2.64B · Total assets $7.27B · Shareholders' equity $2.87B

Revenue
$824.8M
Operating income
$101.0M
Net income
$55.3M

Reported in EUR, converted at the latest exchange rate

View details

Dividend yield
6.48%
Next ex-date
Nov 11, 26
estimated · in 49 days
Annual dividend
$0.68
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.15$0.17$0.17$0.17$0.17$0.17$0.17$0.17
Annual yield3.44%3.56%3.43%4.30%5.72%5.28%7.38%5.98%
Ex-dateNov 8Feb 10May 12Aug 11Nov 10Feb 11May 12Aug 11
Payment dateNov 26Feb 26May 28Aug 26Nov 26Feb 26May 28Aug 27
View details

Institutions61.87%88.12M ADS
199 holders · as of Jun 30, 2026
Insiders25.36%36.12M ADS
13 holders · as of Aug 26, 2026
Other12.77%18.18M ADS
remainder

142.43M ADS as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
AllianceBernstein L.P.Insider
8.32%11.84Mfiled Feb 14, 2023
Noam Gottesman1,2,3Insiderdirector, other: Co-Chair
7.57%10.08M ordinaryfiled May 13, 2026
Martin E. FranklinInsiderdirector, other: Co-Chair
7.56%10.76M ordinaryfiled May 8, 2026
Allspring Global Investments Holdings, LLCInstitution
3.72%5.30M ADSas of Jun 30, 2026
Boston PartnersInstitution
3.68%5.24M ADSas of Jun 30, 2026
  1. Noam Gottesman's transaction reports restate only vehicles that traded; the 2026 ownership statement (10.08M) plus the 700.0K net shares acquired since is used instead.
  2. Noam Gottesman reports a block also reported by another filer; it is counted once, under that filer.
  3. Noam Gottesman reports a block also reported by Doma Perpetual Capital Management LLC; it is counted once, under Doma Perpetual Capital Management LLC.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 24, 2026Dominic Brisbydirector, officer: Chief Executive Officer+50,000$12.38
Aug 19, 2026Ruben Baldewdirector, officer: Chief Financial Officer+28,290$11.85
May 15, 2026Dominic Brisbydirector, officer: Chief Executive Officer+150,000$9.79
May 14, 2026Ruben Baldewdirector, officer: Chief Financial Officer+14,731$9.71
May 13, 2026Ian G. H. Ashkendirector+100,000$9.13
View details

Compare

CompanyPriceChange
Nomad Foods$10.76+2.43%$1.47B10.56.30.4−6.0%
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