Macy’s (M) Expected to Announce Quarterly Earnings on Wednesday

Macy’s (NYSE:M) is projected to announce its Q2 2026 earnings results before the market opens on Wednesday, August 20th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $4.69 billion for the quarter. Macy’s has set its FY 2025 guidance at 1.600-2.000 EPS.

Macy’s (NYSE:M) last announced its quarterly earnings data on Wednesday, May 28th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.01. The firm had revenue of $4.60 billion during the quarter, compared to analysts’ expectations of $4.38 billion. Macy’s had a return on equity of 16.34% and a net margin of 2.45%. The company’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 EPS. On average, analysts expect Macy’s to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Macy’s Stock Performance

Shares of M stock opened at $12.70 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.43 and a quick ratio of 0.37. The stock has a market cap of $3.45 billion, a PE ratio of 6.45 and a beta of 1.79. The stock has a 50-day moving average of $12.11 and a 200-day moving average of $12.64. Macy’s has a one year low of $9.76 and a one year high of $18.13.

Macy’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th were paid a $0.1824 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.7%. Macy’s’s dividend payout ratio is 37.06%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. The Goldman Sachs Group lowered Macy’s from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $17.00 to $12.00 in a research report on Tuesday, April 22nd. Telsey Advisory Group decreased their price objective on Macy’s from $15.00 to $14.00 and set a “market perform” rating for the company in a research report on Thursday, May 29th. Morgan Stanley reiterated a “negative” rating on shares of Macy’s in a research report on Tuesday, May 6th. JPMorgan Chase & Co. boosted their price objective on Macy’s from $12.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Finally, Barclays assumed coverage on Macy’s in a research report on Monday, April 28th. They set a “cautious” rating and a $12.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.22.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Macy’s by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,116,170 shares of the company’s stock valued at $14,019,000 after buying an additional 55,821 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in 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 buying an additional 45,149 shares in the last quarter. Focus Partners Wealth boosted its stake in Macy’s by 33.1% in the first quarter. Focus Partners Wealth now owns 58,197 shares of the company’s stock valued at $731,000 after buying an additional 14,489 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Macy’s by 49.6% in the second quarter. Cetera Investment Advisers now owns 24,300 shares of the company’s stock valued at $283,000 after buying an additional 8,053 shares in the last quarter. 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.