Q3 2025 Earnings Forecast for Macy’s, Inc. Issued By Zacks Research (NYSE:M)

Macy’s, Inc. (NYSE:M) – Zacks Research dropped their Q3 2025 EPS estimates for shares of Macy’s in a report released on Wednesday, September 4th. Zacks Research analyst S. Singh now expects that the company will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.01. The consensus estimate for Macy’s’ current full-year earnings is $2.73 per share. Zacks Research also issued estimates for Macy’s’ Q4 2025 earnings at $1.90 EPS, FY2025 earnings at $2.70 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $1.93 EPS, FY2026 earnings at $2.70 EPS, Q2 2027 earnings at $0.45 EPS and FY2027 earnings at $2.82 EPS.

Other equities research analysts also recently issued research reports about the stock. TD Cowen upped their price objective on shares of Macy’s from $20.00 to $21.00 and gave the stock a “hold” rating in a report on Wednesday, May 22nd. JPMorgan Chase & Co. increased their price objective on shares of Macy’s from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, May 22nd. StockNews.com started coverage on Macy’s in a report on Friday, August 30th. They set a “hold” rating on the stock. Morgan Stanley decreased their price target on Macy’s from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, August 22nd. Finally, Evercore ISI dropped their price objective on Macy’s from $22.00 to $17.00 and set an “in-line” rating on the stock in a research note on Tuesday, July 16th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $19.50.

Macy’s Trading Down 2.7 %

NYSE:M opened at $14.88 on Friday. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 496.00 and a beta of 2.18. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.34 and a current ratio of 1.48. Macy’s has a 1 year low of $10.54 and a 1 year high of $22.10. The business has a fifty day moving average of $16.75 and a 200-day moving average of $18.47.

Macy’s (NYSE:M) last issued its quarterly earnings data on Wednesday, August 21st. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.23. The business had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $5.06 billion. Macy’s had a return on equity of 23.14% and a net margin of 0.80%. The business’s revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 earnings per share.

Macy’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be paid a $0.1737 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.69 dividend on an annualized basis and a yield of 4.67%. Macy’s’s dividend payout ratio is currently 2,300.00%.

Insiders Place Their Bets

In related news, EVP Danielle L. Kirgan sold 24,147 shares of the company’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $18.96, for a total value of $457,827.12. Following the completion of the sale, the executive vice president now owns 348,000 shares in the company, valued at approximately $6,598,080. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, EVP Danielle L. Kirgan sold 24,147 shares of the company’s stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $18.96, for a total transaction of $457,827.12. Following the transaction, the executive vice president now directly owns 348,000 shares of the company’s stock, valued at $6,598,080. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Antony Spring sold 18,981 shares of the firm’s stock in a transaction dated Wednesday, July 10th. The stock was sold at an average price of $18.96, for a total value of $359,879.76. Following the sale, the chief executive officer now owns 267,265 shares of the company’s stock, valued at $5,067,344.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 44,665 shares of company stock worth $842,372. Company insiders own 2.77% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in M. Riverview Trust Co purchased a new stake in shares of Macy’s during the 1st quarter worth about $27,000. Fidelis Capital Partners LLC acquired a new stake in Macy’s in the first quarter valued at approximately $42,000. Future Financial Wealth Managment LLC bought a new stake in Macy’s in the first quarter worth approximately $50,000. EntryPoint Capital LLC bought a new stake in Macy’s in the first quarter worth approximately $51,000. Finally, Newbridge Financial Services Group Inc. increased its stake in shares of Macy’s by 333.3% during the 1st quarter. Newbridge Financial Services Group Inc. now owns 2,600 shares of the company’s stock worth $52,000 after purchasing an additional 2,000 shares during the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

About Macy’s

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.