Macy’s Q3 EPS Forecast Increased by Telsey Advisory Group

Macy’s, Inc. (NYSE:M) – Stock analysts at Telsey Advisory Group lifted their Q3 2025 EPS estimates for shares of Macy’s in a report issued on Tuesday, November 26th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings of $0.10 per share for the quarter, up from their prior estimate of ($0.01). Telsey Advisory Group currently has a “Market Perform” rating and a $17.00 target price on the stock. The consensus estimate for Macy’s’ current full-year earnings is $2.70 per share. Telsey Advisory Group also issued estimates for Macy’s’ Q4 2025 earnings at $1.79 EPS and Q3 2026 earnings at ($0.05) EPS.

A number of other research analysts have also recently issued reports on M. Argus raised Macy’s to a “hold” rating in a research note on Thursday, October 10th. Morgan Stanley reduced their price target on 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, StockNews.com upgraded Macy’s from a “hold” rating to a “buy” rating in a research report on Wednesday. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $19.86.

Macy’s Price Performance

Shares of NYSE:M opened at $15.96 on Thursday. 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 stock has a market cap of $4.43 billion, a PE ratio of 24.94 and a beta of 2.11. The company’s fifty day moving average is $15.49 and its 200 day moving average is $16.76. Macy’s has a 52 week low of $14.06 and a 52 week high of $22.10.

Macy’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be issued 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 4.35%. Macy’s’s dividend payout ratio is presently 107.81%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Quest Partners LLC purchased a new position in shares of Macy’s during the third quarter valued at about $35,000. Venturi Wealth Management LLC boosted its position in Macy’s by 282.7% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,281 shares of the company’s stock valued at $36,000 after acquiring an additional 1,685 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in Macy’s during the 3rd quarter valued at approximately $39,000. Abich Financial Wealth Management LLC purchased a new position in shares of Macy’s during the 2nd quarter worth approximately $57,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Macy’s in the 2nd quarter worth approximately $62,000. 87.36% of the stock is currently owned by institutional investors.

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.