Zacks Research Issues Positive Estimate for Macy’s Earnings

Macy’s, Inc. (NYSE:M) – Research analysts at Zacks Research lifted their FY2025 EPS estimates for shares of Macy’s in a report issued on Monday, December 2nd. Zacks Research analyst S. Singh now forecasts that the company will earn $2.71 per share for the year, up from their prior estimate of $2.70. The consensus estimate for Macy’s’ current full-year earnings is $2.74 per share. Zacks Research also issued estimates for Macy’s’ Q4 2025 earnings at $1.80 EPS, Q3 2026 earnings at $0.04 EPS, FY2026 earnings at $2.71 EPS and Q3 2027 earnings at $0.06 EPS.

Other equities research analysts have also issued reports about the stock. Argus raised shares of Macy’s to a “hold” rating in a report on Thursday, October 10th. Morgan Stanley lowered their target price on Macy’s from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, August 22nd. Telsey Advisory Group restated a “market perform” rating and set a $17.00 price objective on shares of Macy’s in a research note on Tuesday, November 26th. Finally, StockNews.com upgraded Macy’s from a “hold” rating to a “buy” rating in a research note on Wednesday, November 27th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $19.86.

Macy’s Price Performance

M stock opened at $16.75 on Wednesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.34 and a current ratio of 1.48. Macy’s has a 1 year low of $14.06 and a 1 year high of $22.10. The stock has a 50-day simple moving average of $15.60 and a 200-day simple moving average of $16.65. The firm has a market cap of $4.65 billion, a P/E ratio of 25.75 and a beta of 2.11.

Macy’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be given a $0.1737 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.69 annualized dividend and a dividend yield of 4.15%. Macy’s’s payout ratio is 107.81%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. PVG Asset Management Corp acquired a new position in shares of Macy’s in the 3rd quarter valued at about $730,000. Wilmington Savings Fund Society FSB acquired a new position in Macy’s in the third quarter valued at approximately $221,000. Virtu Financial LLC acquired a new position in Macy’s in the third quarter valued at approximately $594,000. Geode Capital Management LLC boosted its position in Macy’s by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 5,023,790 shares of the company’s stock valued at $79,110,000 after purchasing an additional 128,258 shares during the period. Finally, MidWestOne Financial Group Inc. boosted its position in Macy’s by 45.8% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 118,479 shares of the company’s stock valued at $1,859,000 after purchasing an additional 37,218 shares during the period. 87.36% of the stock is owned by institutional investors and hedge funds.

Macy’s Company Profile

Macy's, Inc, an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands.