FY2025 Earnings Estimate for Macy’s Issued By Zacks Research

Macy’s, Inc. (NYSE:M) – Stock analysts at Zacks Research lowered their FY2025 earnings per share estimates for Macy’s in a research note issued to investors on Tuesday, December 24th. Zacks Research analyst S. Singh now expects that the company will earn $2.39 per share for the year, down from their prior forecast of $2.66. The consensus estimate for Macy’s’ current full-year earnings is $2.38 per share. Zacks Research also issued estimates for Macy’s’ Q4 2025 earnings at $1.55 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.41 EPS, Q4 2026 earnings at $1.77 EPS, Q1 2027 earnings at $0.36 EPS, Q2 2027 earnings at $0.43 EPS and FY2027 earnings at $2.63 EPS.

Other equities analysts also recently issued research reports about the company. StockNews.com downgraded Macy’s from a “buy” rating to a “hold” rating in a research report on Thursday. Argus upgraded Macy’s to a “hold” rating in a report on Thursday, October 10th. UBS Group dropped their price objective on shares of Macy’s from $10.00 to $9.00 and set a “sell” rating for the company in a report on Thursday, December 12th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $17.00 target price on shares of Macy’s in a research note on Wednesday, December 11th. Finally, Gordon Haskett upgraded shares of Macy’s from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $18.56.

Macy’s Trading Down 3.1 %

Shares of M stock opened at $17.54 on Friday. Macy’s has a fifty-two week low of $14.06 and a fifty-two week high of $22.10. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.34 and a current ratio of 1.26. The stock’s fifty day moving average is $16.00 and its two-hundred day moving average is $16.35. The firm has a market capitalization of $4.87 billion, a P/E ratio of 29.73 and a beta of 2.10.

Macy’s (NYSE:M) last announced its earnings results on Wednesday, December 11th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.03). Macy’s had a net margin of 0.73% and a return on equity of 21.99%. The company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.74 billion. During the same quarter last year, the business earned $0.21 EPS. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year.

Macy’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be paid a dividend of $0.1737 per share. The ex-dividend date is Friday, December 13th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 3.96%. Macy’s’s dividend payout ratio (DPR) is 116.95%.

Hedge Funds Weigh In On Macy’s

A number of large investors have recently modified their holdings of the business. Marshall Wace LLP increased its holdings in Macy’s by 1,539.5% in the second quarter. Marshall Wace LLP now owns 3,534,952 shares of the company’s stock valued at $67,871,000 after buying an additional 3,319,337 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Macy’s by 9.8% during the second quarter. Dimensional Fund Advisors LP now owns 15,489,334 shares of the company’s stock worth $297,385,000 after purchasing an additional 1,379,476 shares during the last quarter. American Century Companies Inc. boosted its position in Macy’s by 18.9% during the second quarter. American Century Companies Inc. now owns 4,704,854 shares of the company’s stock worth $90,333,000 after purchasing an additional 747,542 shares in the last quarter. Barington Capital Group L.P. grew its holdings in Macy’s by 550.0% in the third quarter. Barington Capital Group L.P. now owns 650,000 shares of the company’s stock valued at $10,198,000 after purchasing an additional 550,000 shares during the last quarter. Finally, Retirement Systems of Alabama grew its holdings in Macy’s by 57.9% in the third quarter. Retirement Systems of Alabama now owns 782,391 shares of the company’s stock valued at $12,276,000 after purchasing an additional 286,879 shares during the last quarter. 87.36% of the stock is owned by hedge funds and other institutional investors.

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.