Macy’s, Inc. (NYSE:M) Stock Rated “Hold” by Sell-Side Brokerages

Macy’s, Inc. (NYSE:M) has earned a consensus rating of “Hold” from the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $22.78.

Several analysts have issued reports on M shares. TD Cowen reissued a “hold” rating on shares of Macy’s in a research note on Monday, September 14th. Wall Street Zen lowered Macy’s from a “buy” rating to a “hold” rating in a report on Saturday. Citigroup upped their price objective on Macy’s from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 25th. BTIG Research reiterated a “neutral” rating on shares of Macy’s in a report on Friday, September 11th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $30.00 price objective on shares of Macy’s in a report on Monday, July 6th.

Hedge Funds Weigh In On Macy’s

Several hedge funds have recently made changes to their positions in the business. V Square Quantitative Management LLC boosted its stake in shares of Macy’s by 48.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 1,939 shares of the company’s stock worth $44,000 after buying an additional 632 shares during the last quarter. Dupree Financial Group LLC grew its holdings in shares of Macy’s by 1.6% in the 3rd quarter. Dupree Financial Group LLC now owns 550,532 shares of the company’s stock valued at $12,536,000 after acquiring an additional 8,822 shares in the last quarter. Wedmont Private Capital acquired a new stake in shares of Macy’s in the third quarter valued at about $227,000. Monument Capital Management acquired a new stake in shares of Macy’s in the third quarter valued at about $2,434,000. Finally, GAMMA Investing LLC raised its holdings in Macy’s by 19.6% during the third quarter. GAMMA Investing LLC now owns 11,557 shares of the company’s stock worth $263,000 after acquiring an additional 1,892 shares in the last quarter. 87.36% of the stock is owned by institutional investors.

Macy’s Stock Down 1.8%

Shares of M stock opened at $23.57 on Thursday. Macy’s has a 12-month low of $16.69 and a 12-month high of $26.58. The company has a quick ratio of 0.48, a current ratio of 1.59 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average of $22.72 and a 200-day moving average of $22.22. The company has a market capitalization of $6.16 billion, a price-to-earnings ratio of 8.64 and a beta of 1.44.

Macy’s (NYSE:M) last posted its quarterly earnings data on Thursday, September 10th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.37 by $0.26. The business had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $4.81 billion. Macy’s had a net margin of 3.29% and a return on equity of 13.21%. The firm’s revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. Macy’s has set its Q3 2026 guidance at -0.230–0.190 EPS and its FY 2026 guidance at 2.150-2.350 EPS. As a group, equities research analysts predict that Macy’s will post 2.34 earnings per share for the current fiscal year.

Macy’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were given a dividend of $0.1915 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.77 dividend on an annualized basis and a yield of 3.2%. Macy’s’s dividend payout ratio is 28.21%.

Macy’s Company Profile

Macy’s, Inc (NYSE: M) is an American omnichannel retailer that operates department stores and e-commerce businesses. Its merchandise includes apparel, accessories, beauty products, fragrances, home furnishings, jewelry, and other consumer goods.

The company operates through three primary retail brands: Macy’s, Bloomingdale’s, and Bluemercury. Macy’s serves a broad customer base with fashion, beauty, and home products, while Bloomingdale’s focuses on premium and luxury merchandise. Bluemercury operates specialty beauty stores and provides skincare, cosmetics, and related services.

Founded in 1858 by Rowland Hussey Macy, the company has grown into one of the best-known department-store retailers in the United States.