FY2025 Earnings Forecast for Macy’s Issued By Zacks Research

Macy’s, Inc. (NYSE:M) – Analysts at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for shares of Macy’s in a research report issued on Tuesday, December 24th. Zacks Research analyst S. Singh now forecasts that the company will earn $2.39 per share for the year, down from their prior estimate 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.

Macy’s (NYSE:M) last issued its quarterly earnings data 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). The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.74 billion. Macy’s had a net margin of 0.73% and a return on equity of 21.99%. The firm’s revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.21 earnings per share.

Other equities analysts also recently issued research reports about the stock. Morgan Stanley reduced their price objective on shares of Macy’s from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Thursday, December 12th. Argus raised Macy’s to a “hold” rating in a research note on Thursday, October 10th. Guggenheim reaffirmed a “neutral” rating on shares of Macy’s in a research report on Thursday, December 12th. UBS Group dropped their target price on Macy’s from $10.00 to $9.00 and set a “sell” rating for the company in a research note on Thursday, December 12th. Finally, StockNews.com lowered Macy’s from a “buy” rating to a “hold” rating in a research note on Thursday. 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. According to MarketBeat, Macy’s currently has a consensus rating of “Hold” and a consensus price target of $18.56.

Macy’s Price Performance

Macy’s stock opened at $17.54 on Friday. The stock has a market capitalization of $4.87 billion, a P/E ratio of 29.73 and a beta of 2.10. Macy’s has a 12-month low of $14.06 and a 12-month high of $22.10. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.26 and a quick ratio of 0.34. The firm’s 50-day moving average is $16.00 and its two-hundred day moving average is $16.35.

Macy’s Announces Dividend

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

Institutional Trading of Macy’s

A number of institutional investors and hedge funds have recently bought and sold shares of M. Marshall Wace LLP grew its stake in Macy’s by 1,539.5% during the second quarter. Marshall Wace LLP now owns 3,534,952 shares of the company’s stock worth $67,871,000 after buying an additional 3,319,337 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Macy’s by 9.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 15,489,334 shares of the company’s stock valued at $297,385,000 after acquiring an additional 1,379,476 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Macy’s by 18.9% during the 2nd quarter. American Century Companies Inc. now owns 4,704,854 shares of the company’s stock valued at $90,333,000 after acquiring an additional 747,542 shares in the last quarter. Barington Capital Group L.P. boosted its position in Macy’s by 550.0% during the 3rd quarter. Barington Capital Group L.P. now owns 650,000 shares of the company’s stock worth $10,198,000 after purchasing an additional 550,000 shares during the period. Finally, Retirement Systems of Alabama increased its holdings in Macy’s by 57.9% in the 3rd 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 in the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

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.