Macy’s (M) Projected to Post Earnings on Wednesday

Macy’s (NYSE:M) is expected to be releasing its Q3 2026 results before the market opens on Wednesday, December 3rd. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $4.5231 billion for the quarter. Macy’s has set its Q3 2025 guidance at -0.200–0.150 EPS. FY 2025 guidance at 1.700-2.050 EPS.Investors may visit the the company’s upcoming Q3 2026 earningresults page for the latest details on the call scheduled for Wednesday, December 3, 2025 at 8:00 AM ET.

Macy’s (NYSE:M) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.22. The company had revenue of $4.81 billion for the quarter, compared to the consensus estimate of $4.69 billion. Macy’s had a net margin of 2.18% and a return on equity of 15.39%. Macy’s’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 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 Up 9.2%

M stock opened at $21.86 on Wednesday. Macy’s has a 12 month low of $9.76 and a 12 month high of $22.02. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.38 and a quick ratio of 0.35. The company has a market capitalization of $5.87 billion, a P/E ratio of 12.49 and a beta of 1.83. The firm’s fifty day simple moving average is $18.75 and its 200-day simple moving average is $14.90.

Macy’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 15th will be paid a $0.1824 dividend. The ex-dividend date is Monday, December 15th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 3.3%. Macy’s’s dividend payout ratio is presently 41.71%.

Insider Buying and Selling at Macy’s

In other Macy’s news, SVP Paul Griscom sold 12,843 shares of Macy’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $17.26, for a total value of $221,670.18. Following the completion of the transaction, the senior vice president directly owned 23,379 shares of the company’s stock, valued at $403,521.54. The trade was a 35.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Danielle L. Kirgan sold 100,000 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $17.30, for a total transaction of $1,730,000.00. Following the sale, the executive vice president owned 286,161 shares in the company, valued at $4,950,585.30. This trade represents a 25.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 212,843 shares of company stock valued at $3,726,670. Company insiders own 1.09% of the company’s stock.

Institutional Trading of Macy’s

A number of large investors have recently made changes to their positions in M. Sei Investments Co. increased its position in shares of Macy’s by 32.1% during the second quarter. Sei Investments Co. now owns 29,546 shares of the company’s stock worth $344,000 after purchasing an additional 7,181 shares in the last quarter. Treasurer of the State of North Carolina raised its stake in shares of Macy’s by 3.3% during the second quarter. Treasurer of the State of North Carolina now owns 129,432 shares of the company’s stock worth $1,509,000 after purchasing an additional 4,128 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Macy’s in the 3rd quarter worth $189,000. Bayesian Capital Management LP purchased a new stake in Macy’s in the 2nd quarter valued at approximately $928,000. Finally, Raymond James Financial Inc. boosted its stake in shares of Macy’s by 4.5% in the second quarter. Raymond James Financial Inc. now owns 23,949 shares of the company’s stock valued at $279,000 after buying an additional 1,040 shares in the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

M has been the topic of several recent research reports. BTIG Research started coverage on Macy’s in a research report on Tuesday, October 14th. They issued a “neutral” rating on the stock. Morgan Stanley increased their target price on Macy’s from $12.00 to $16.00 and gave the company an “equal weight” rating in a report on Thursday, September 18th. Zacks Research upgraded Macy’s from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 18th. Citigroup raised their price objective on Macy’s from $16.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, November 19th. Finally, Wall Street Zen cut Macy’s from a “buy” rating to a “hold” rating in a report on Saturday. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $15.75.

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.