Macy’s, Inc. (NYSE:M) Receives Average Rating of “Reduce” from Analysts

Shares of Macy’s, Inc. (NYSE:M) have received an average rating of “Reduce” from the fourteen research firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $20.30.

Several research firms have recently weighed in on M. Wall Street Zen raised Macy’s from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Telsey Advisory Group increased their price objective on Macy’s from $20.00 to $23.00 and gave the company a “market perform” rating in a research report on Thursday, June 4th. UBS Group reissued a “sell” rating on shares of Macy’s in a research report on Thursday, June 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $22.00 target price on shares of Macy’s in a research report on Wednesday, March 18th. Finally, Evercore set a $22.00 target price on Macy’s in a research report on Thursday, June 4th.

Macy’s Stock Up 1.2%

M opened at $24.19 on Friday. Macy’s has a 1-year low of $10.54 and a 1-year high of $25.65. The company has a current ratio of 1.48, a quick ratio of 0.44 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 9.99 and a beta of 1.48. The business has a 50 day moving average of $20.69 and a 200-day moving average of $20.77.

Macy’s (NYSE:M) last posted its quarterly earnings data on Wednesday, June 3rd. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.11. Macy’s had a return on equity of 13.68% and a net margin of 2.94%.The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.61 billion. During the same period in the prior year, the business earned $0.16 earnings per share. Macy’s’s revenue for the quarter was up 1.8% compared to the same quarter last year. Macy’s has set its Q2 2026 guidance at 0.290-0.340 EPS and its FY 2026 guidance at 2.000-2.200 EPS. As a group, sell-side analysts anticipate that Macy’s will post 2.16 earnings per share for the current year.

Macy’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.1915 dividend. This represents a $0.77 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, June 15th. Macy’s’s dividend payout ratio (DPR) is 31.82%.

Insider Transactions at Macy’s

In related news, CEO Antony Spring sold 50,044 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $17.92, for a total value of $896,788.48. Following the completion of the transaction, the chief executive officer directly owned 485,791 shares of the company’s stock, valued at $8,705,374.72. This trade represents a 9.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Olivier Bron sold 7,228 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $17.92, for a total value of $129,525.76. Following the completion of the transaction, the chief executive officer directly owned 21,590 shares of the company’s stock, valued at approximately $386,892.80. This trade represents a 25.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 94,967 shares of company stock valued at $1,705,276 in the last ninety days. 1.05% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in M. Strengthening Families & Communities LLC bought a new position in shares of Macy’s during the fourth quarter valued at $28,000. V Square Quantitative Management LLC bought a new position in shares of Macy’s during the fourth quarter valued at $29,000. Smartleaf Asset Management LLC lifted its holdings in shares of Macy’s by 51.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock valued at $34,000 after acquiring an additional 526 shares during the period. Bessemer Group Inc. lifted its holdings in shares of Macy’s by 41.4% during the third quarter. Bessemer Group Inc. now owns 2,023 shares of the company’s stock valued at $37,000 after acquiring an additional 592 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Macy’s by 101.1% during the third quarter. Hantz Financial Services Inc. now owns 2,311 shares of the company’s stock valued at $41,000 after acquiring an additional 1,162 shares during the period. 87.36% of the stock is owned by institutional investors.

More Macy’s News

Here are the key news stories impacting Macy’s this week:

• Positive Sentiment: Zacks articles say Macy’s is gaining traction with its turnaround strategy, with comparable sales improving and luxury/omnichannel initiatives helping support the case for better execution and revenue quality. Article Title
• Positive Sentiment: Several Zacks Research updates raised longer-term earnings estimates for Macy’s, which can signal improving expectations for profitability over the next few years. Article Title
• Neutral Sentiment: Analysts remain cautious overall, with Zacks Research keeping a “Hold” rating even while lifting some earnings forecasts, suggesting the stock may be fairly valued after its recent rally. Article Title
• Negative Sentiment: The same analysis also warned that margin pressure, store closures, and softer demand remain risks that could limit upside if the turnaround slows. Article Title

Macy’s Company Profile

Macy’s, Inc is a leading American omnichannel retailer operating under the Macy’s brand, as well as specialty divisions Bloomingdale’s and Bluemercury. The company’s retail portfolio encompasses full-line department stores, fashion-focused specialty outlets and a high-end beauty chain, offering consumers a wide array of apparel, footwear, accessories, cosmetics and home furnishings. Through its integrated network of physical stores and digital platforms, Macy’s seeks to deliver a seamless shopping experience that blends in-store service with online convenience.

The company’s product assortment spans men’s, women’s and children’s clothing, beauty and personal care products, housewares and home décor.