Zacks Research Weighs in on Macy’s’ FY2025 Earnings (NYSE:M)

Macy’s, Inc. (NYSE:M) – Equities research 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 forecasts that the company will post earnings of $2.39 per share for the year, down from their previous 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.

A number of other brokerages also recently issued reports on M. Telsey Advisory Group reaffirmed a “market perform” rating and set a $17.00 price target on shares of Macy’s in a report on Wednesday, December 11th. Argus upgraded shares of Macy’s to a “hold” rating in a research note on Thursday, October 10th. Gordon Haskett upgraded shares of Macy’s from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Monday, December 16th. Morgan Stanley lowered 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 report on Thursday, December 12th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Macy’s in a research report on Thursday, December 12th. One research 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 data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $18.56.

Macy’s Stock Performance

Shares of Macy’s stock opened at $17.54 on Friday. Macy’s has a 1 year low of $14.06 and a 1 year high of $22.10. The firm’s 50-day moving average is $16.00 and its 200 day moving average is $16.35. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 29.73 and a beta of 2.10. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.26 and a quick ratio of 0.34.

Macy’s (NYSE:M) last posted its quarterly earnings data on Wednesday, December 11th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.03). Macy’s had a return on equity of 21.99% and a net margin of 0.73%. The business had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.74 billion. During the same period in the previous year, the firm earned $0.21 EPS. The company’s revenue was down 2.4% on a year-over-year basis.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its holdings in shares of Macy’s by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,185,513 shares of the company’s stock worth $61,162,000 after purchasing an additional 37,254 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Macy’s by 33.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 213,218 shares of the company’s stock worth $4,094,000 after purchasing an additional 53,471 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Macy’s by 3.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 58,968 shares of the company’s stock valued at $1,132,000 after buying an additional 2,227 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of Macy’s by 71.6% during the second quarter. Crossmark Global Holdings Inc. now owns 218,763 shares of the company’s stock valued at $4,200,000 after buying an additional 91,257 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Macy’s in the second quarter worth approximately $387,000. 87.36% of the stock is currently owned by institutional investors.

Macy’s Dividend Announcement

The firm also recently disclosed 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 is Friday, December 13th. This represents a $0.69 annualized dividend and a dividend yield of 3.96%. Macy’s’s payout ratio is 116.95%.

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.