FY2025 Earnings Forecast for Macy’s Issued By Zacks Research

Macy’s, Inc. (NYSE:M) – Analysts at Zacks Research upped their FY2025 EPS estimates for shares of Macy’s in a report released on Monday, December 2nd. Zacks Research analyst S. Singh now expects that the company will earn $2.71 per share for the year, up from their previous 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.

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

Macy’s Stock Down 1.8 %

Shares of NYSE:M opened at $16.45 on Wednesday. Macy’s has a 52-week low of $14.06 and a 52-week high of $22.10. The company has a quick ratio of 0.34, a current ratio of 1.48 and a debt-to-equity ratio of 0.70. The business’s 50 day moving average is $15.64 and its 200 day moving average is $16.65. The stock has a market cap of $4.56 billion, a P/E ratio of 26.17 and a beta of 2.10.

Hedge Funds Weigh In On Macy’s

A number of institutional investors have recently made changes to their positions in the business. CWM LLC raised its position in shares of Macy’s by 7.7% during the 2nd quarter. CWM LLC now owns 8,398 shares of the company’s stock worth $161,000 after buying an additional 598 shares in the last quarter. SummerHaven Investment Management LLC grew its stake in Macy’s by 1.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 44,321 shares of the company’s stock valued at $851,000 after buying an additional 761 shares during the last quarter. Wedmont Private Capital increased its stake in shares of Macy’s by 6.1% in the second quarter. Wedmont Private Capital now owns 14,403 shares of the company’s stock worth $275,000 after purchasing an additional 833 shares during the period. United Services Automobile Association lifted its holdings in shares of Macy’s by 4.8% during the second quarter. United Services Automobile Association now owns 22,038 shares of the company’s stock worth $423,000 after buying an additional 1,012 shares during the last quarter. Finally, Federated Hermes Inc. raised its stake in Macy’s by 2.5% during the 2nd quarter. Federated Hermes Inc. now owns 44,337 shares of the company’s stock valued at $851,000 after purchasing an additional 1,095 shares during the last quarter. 87.36% of the stock is owned by institutional investors and hedge funds.

Macy’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be given a $0.1737 dividend. This represents a $0.69 annualized dividend and a yield of 4.22%. The ex-dividend date is Friday, December 13th. Macy’s’s dividend payout ratio (DPR) is 107.81%.

About Macy’s

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.