Macy's, Inc. (NYSE:M - Free Report) - Research analysts at Telsey Advisory Group dropped their FY2025 earnings estimates for Macy's in a report issued on Thursday, December 12th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $2.40 for the year, down from their prior forecast of $2.70. Telsey Advisory Group has a "Market Perform" rating and a $17.00 price objective on the stock. The consensus estimate for Macy's' current full-year earnings is $2.38 per share. Telsey Advisory Group also issued estimates for Macy's' Q4 2025 earnings at $1.55 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.43 EPS and FY2026 earnings at $2.40 EPS.
Macy's (NYSE:M - Get Free Report) last released its quarterly earnings results on Wednesday, December 11th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.03). The business had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.74 billion. Macy's had a return on equity of 21.99% and a net margin of 0.73%. The firm's revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the company earned $0.21 earnings per share.
A number of other equities analysts have also recently issued reports on M. 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. Argus raised Macy's to a "hold" rating in a research note on Thursday, October 10th. Guggenheim reissued a "neutral" rating on shares of Macy's in a research note on Thursday. StockNews.com lowered Macy's from a "buy" rating to a "hold" rating in a research report on Friday. Finally, UBS Group lowered their price target on Macy's from $10.00 to $9.00 and set a "sell" rating for the company in a research note on Thursday. 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. Based on data from MarketBeat.com, Macy's presently has an average rating of "Hold" and a consensus target price of $18.56.
View Our Latest Stock Analysis on Macy's
Macy's Price Performance
M traded up $0.16 during midday trading on Monday, hitting $16.72. The company had a trading volume of 8,440,550 shares, compared to its average volume of 6,411,498. Macy's has a twelve month low of $14.06 and a twelve month high of $22.10. The company has a market capitalization of $4.64 billion, a PE ratio of 28.34 and a beta of 2.10. 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 firm's 50-day simple moving average is $15.82 and its 200-day simple moving average is $16.44.
Hedge Funds Weigh In On Macy's
Institutional investors and hedge funds have recently made changes to their positions in the company. SummerHaven Investment Management LLC grew its stake in shares of Macy's by 1.7% in the second quarter. SummerHaven Investment Management LLC now owns 44,321 shares of the company's stock valued at $851,000 after acquiring an additional 761 shares in the last quarter. United Services Automobile Association boosted its holdings in Macy's by 4.8% in the 2nd quarter. United Services Automobile Association now owns 22,038 shares of the company's stock valued at $423,000 after purchasing an additional 1,012 shares during the period. Federated Hermes Inc. grew its position in shares of Macy's by 2.5% during the 2nd quarter. Federated Hermes Inc. now owns 44,337 shares of the company's stock worth $851,000 after purchasing an additional 1,095 shares in the last quarter. Affinity Capital Advisors LLC increased its holdings in shares of Macy's by 11.5% during the third quarter. Affinity Capital Advisors LLC now owns 12,116 shares of the company's stock worth $190,000 after purchasing an additional 1,248 shares during the period. Finally, KBC Group NV raised its position in shares of Macy's by 19.9% in the third quarter. KBC Group NV now owns 7,952 shares of the company's stock valued at $125,000 after buying an additional 1,319 shares in the last quarter. Institutional investors and hedge funds own 87.36% of the company's stock.
Macy's Announces Dividend
The business 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. This represents a $0.69 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Friday, December 13th. Macy's's payout ratio is 116.95%.
Macy's Company Profile
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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.
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