Macy’s (NYSE:M) Releases Q2 2025 Earnings Guidance

Macy’s (NYSE:M) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.150-0.200 for the period, compared to the consensus EPS estimate of 0.330. The company issued revenue guidance of $4.7 billion-$4.8 billion, compared to the consensus revenue estimate of $4.7 billion.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on M shares. The Goldman Sachs Group cut Macy’s from a “buy” rating to a “neutral” rating and cut their price objective for the company from $17.00 to $12.00 in a research note on Tuesday, April 22nd. Gordon Haskett lowered Macy’s from an “accumulate” rating to a “hold” rating in a research note on Thursday, March 6th. Cowen reaffirmed a “hold” rating on shares of Macy’s in a research report on Friday, March 7th. Barclays assumed coverage on Macy’s in a report on Monday, April 28th. They set a “cautious” rating and a $12.00 target price on the stock. Finally, UBS Group decreased their target price on Macy’s from $9.00 to $8.00 and set a “sell” rating on the stock in a research report on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $13.20.

Macy’s Stock Down 0.5%

Shares of M opened at $11.88 on Friday. The company has a market capitalization of $3.31 billion, a PE ratio of 20.14 and a beta of 1.77. Macy’s has a 12 month low of $9.76 and a 12 month high of $20.47. The stock’s 50-day moving average price is $11.69 and its two-hundred day moving average price is $14.04. The company has a current ratio of 1.26, a quick ratio of 0.17 and a debt-to-equity ratio of 0.67.

Macy’s (NYSE:M) last announced its quarterly earnings data on Wednesday, May 28th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. Macy’s had a return on equity of 21.99% and a net margin of 0.73%. The company had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $4.38 billion. During the same period in the previous year, the business earned $0.27 EPS. The firm’s revenue was down 5.1% compared to the same quarter last year. On average, analysts anticipate that Macy’s will post 2.39 EPS for the current year.

Macy’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a dividend of $0.1824 per share. This represents a $0.73 dividend on an annualized basis and a yield of 6.14%. The ex-dividend date of this dividend is Friday, June 13th. Macy’s’s dividend payout ratio is currently 35.44%.

Insiders Place Their Bets

In related news, EVP Tracy M. Preston sold 2,780 shares of the company’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $12.68, for a total value of $35,250.40. Following the transaction, the executive vice president now owns 4,723 shares in the company, valued at approximately $59,887.64. This represents a 37.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Adrian V. Mitchell sold 3,489 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $13.74, for a total value of $47,938.86. Following the completion of the transaction, the executive vice president now owns 116,165 shares in the company, valued at approximately $1,596,107.10. The trade was a 2.92% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,751 shares of company stock valued at $537,790. Corporate insiders own 2.77% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in M. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of 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 worth $2,047,000 after purchasing an additional 45,149 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Macy’s by 5.3% during 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 during the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Macy’s by 33.1% during 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 during the last quarter. Institutional investors own 87.36% of the company’s stock.

About Macy’s

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.