Macy’s, Inc. (NYSE:M) to Post Q2 2025 Earnings of $0.31 Per Share, Telsey Advisory Group Forecasts

Macy’s, Inc. (NYSE:M) – Investment analysts at Telsey Advisory Group upped their Q2 2025 earnings per share estimates for shares of Macy’s in a report released on Wednesday, May 22nd. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.31 per share for the quarter, up from their previous estimate of $0.28. Telsey Advisory Group currently has a “Market Perform” rating and a $21.00 price target on the stock. The consensus estimate for Macy’s’ current full-year earnings is $2.66 per share. Telsey Advisory Group also issued estimates for Macy’s’ Q3 2025 earnings at $0.02 EPS, FY2025 earnings at $2.77 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $2.11 EPS and FY2026 earnings at $2.78 EPS.

Macy’s (NYSE:M) last announced its quarterly earnings data on Tuesday, May 21st. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.12. The firm had revenue of $4.85 billion for the quarter, compared to analyst estimates of $4.82 billion. Macy’s had a return on equity of 21.40% and a net margin of 0.05%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period last year, the company earned $0.56 EPS.

Several other analysts also recently commented on the company. JPMorgan Chase & Co. raised their price objective on Macy’s from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday. Citigroup raised Macy’s from a “sell” rating to a “neutral” rating and lifted their price target for the company from $14.00 to $18.00 in a research note on Friday, February 2nd. Morgan Stanley dropped their price target on Macy’s from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 28th. The Goldman Sachs Group lifted their price target on Macy’s from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Finally, TD Cowen lifted their price target on Macy’s from $20.00 to $21.00 and gave the company a “hold” rating in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $17.73.

Macy’s Stock Up 0.6 %

NYSE:M opened at $20.18 on Thursday. Macy’s has a 12-month low of $10.54 and a 12-month high of $22.10. The company has a quick ratio of 0.39, a current ratio of 1.38 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $5.55 billion, a P/E ratio of 672.67 and a beta of 2.16. The stock’s fifty day simple moving average is $19.45 and its 200-day simple moving average is $18.56.

Institutional Trading of Macy’s

Several institutional investors and hedge funds have recently made changes to their positions in M. Vanguard Group Inc. raised its position in Macy’s by 7.8% in the 3rd quarter. Vanguard Group Inc. now owns 36,381,604 shares of the company’s stock worth $422,390,000 after purchasing an additional 2,645,577 shares during the period. Deutsche Bank AG raised its holdings in Macy’s by 260.8% in the third quarter. Deutsche Bank AG now owns 2,547,529 shares of the company’s stock worth $29,577,000 after buying an additional 1,841,432 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of Macy’s by 15.7% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 544,534 shares of the company’s stock valued at $6,322,000 after purchasing an additional 73,924 shares during the last quarter. American Century Companies Inc. increased its holdings in Macy’s by 20.8% during the third quarter. American Century Companies Inc. now owns 3,287,930 shares of the company’s stock valued at $38,173,000 after buying an additional 565,269 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Macy’s during the fourth quarter valued at approximately $6,021,000. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Insider Buying and Selling

In other Macy’s news, Director Jeffrey Gennette sold 30,090 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $19.66, for a total value of $591,569.40. Following the completion of the sale, the director now owns 1,073,699 shares in the company, valued at approximately $21,108,922.34. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, EVP Danielle L. Kirgan sold 15,070 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $20.42, for a total value of $307,729.40. Following the completion of the transaction, the executive vice president now directly owns 306,555 shares of the company’s stock, valued at approximately $6,259,853.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeffrey Gennette sold 30,090 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $19.66, for a total transaction of $591,569.40. Following the completion of the transaction, the director now directly owns 1,073,699 shares of the company’s stock, valued at $21,108,922.34. The disclosure for this sale can be found here. Insiders have sold 218,424 shares of company stock worth $4,405,507 in the last quarter. Insiders own 2.77% of the company’s stock.

Macy’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be issued a $0.1737 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 3.44%. Macy’s’s dividend payout ratio is presently 2,300.00%.

Macy’s Company Profile

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.