Macy’s (NYSE:M) Updates Q2 2025 Earnings Guidance

Macy’s (NYSE:M) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.150-0.200 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $4.7 billion-$4.8 billion, compared to the consensus revenue estimate of $4.7 billion.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on M shares. Wall Street Zen raised Macy’s from a “hold” rating to a “buy” rating in a research note on Friday, February 14th. Cowen reaffirmed a “hold” rating on shares of Macy’s in a report on Friday, March 7th. JPMorgan Chase & Co. lowered their target price on shares of Macy’s from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday. The Goldman Sachs Group downgraded shares of Macy’s from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $17.00 to $12.00 in a research report on Tuesday, April 22nd. Finally, Barclays started coverage on shares of Macy’s in a report on Monday, April 28th. They issued a “cautious” rating and a $12.00 price objective for the company. Two analysts have rated the stock with a sell rating, ten have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $13.20.

Macy’s Stock Performance

NYSE:M opened at $11.90 on Friday. The company has a 50-day moving average of $11.73 and a 200-day moving average of $14.06. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 20.16 and a beta of 1.77. The company has a current ratio of 1.26, a quick ratio of 0.17 and a debt-to-equity ratio of 0.67. Macy’s has a twelve month low of $9.76 and a twelve month high of $20.47.

Macy’s (NYSE:M) last released its earnings results on Wednesday, May 28th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The business had revenue of $4.60 billion during the quarter, compared to analyst estimates of $4.38 billion. Macy’s had a net margin of 0.73% and a return on equity of 21.99%. The business’s quarterly revenue was down 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.27 earnings per share. Analysts forecast that Macy’s will post 2.39 earnings per share for the current fiscal year.

Macy’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be given a dividend of $0.1824 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 6.13%. Macy’s’s dividend payout ratio (DPR) is presently 35.44%.

Insider Transactions at Macy’s

In other Macy’s news, EVP Tracy M. Preston sold 2,780 shares of the firm’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $12.68, for a total value of $35,250.40. Following the completion of the transaction, the executive vice president now directly owns 4,723 shares in the company, valued at $59,887.64. This trade represents a 37.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Antony Spring sold 20,868 shares of Macy’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $12.68, for a total transaction of $264,606.24. Following the completion of the transaction, the chief executive officer now directly owns 321,244 shares in the company, valued at approximately $4,073,373.92. This trade represents a 6.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 41,751 shares of company stock valued at $537,790 in the last three months. 2.77% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Macy’s

Several hedge funds have recently made changes to their positions in M. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Macy’s by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,116,170 shares of the company’s stock worth $14,019,000 after purchasing an additional 55,821 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Macy’s by 38.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 162,989 shares of the company’s stock valued at $2,047,000 after purchasing an additional 45,149 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Macy’s by 33.1% in the first quarter. Focus Partners Wealth now owns 58,197 shares of the company’s stock worth $731,000 after buying an additional 14,489 shares during the period. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Macy’s Company Profile

Macy’s, Inc engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm’s brands include Macy’s, Bloomingdale’s, and Bluemercury. It offers men’s, women’s, and children’s apparel, women’s accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products.