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

Macy's (NYSE:M - Get Free Report) is anticipated to issue its Q1 2026 quarterly earnings data before the market opens on Wednesday, May 28th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $4.38 billion for the quarter. Macy's has set its FY 2025 guidance at 2.050-2.250 EPS.

Macy's (NYSE:M - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.25. Macy's had a return on equity of 21.99% and a net margin of 0.73%. The firm had revenue of $7.77 billion during the quarter, compared to analysts' expectations of $7.76 billion. 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

NYSE M traded down $0.09 on Thursday, reaching $12.01. The stock had a trading volume of 4,694,326 shares, compared to its average volume of 6,345,918. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.17 and a current ratio of 1.26. Macy's has a 12-month low of $9.76 and a 12-month high of $20.70. The business's 50-day moving average price is $12.11 and its 200 day moving average price is $14.34. The stock has a market cap of $3.35 billion, a P/E ratio of 20.36 and a beta of 1.77.

Macy's Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were paid a $0.1824 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.73 dividend on an annualized basis and a yield of 6.07%. This is a boost from Macy's's previous quarterly dividend of $0.17. Macy's's payout ratio is currently 35.44%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. cut their price target on Macy's from $14.00 to $13.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Benchmark upgraded Macy's to a "strong-buy" rating in a research note on Monday, February 3rd. Gordon Haskett cut Macy's from an "accumulate" rating to a "hold" rating in a research note on Thursday, March 6th. Barclays assumed coverage on Macy's in a research note on Monday, April 28th. They set a "cautious" rating and a $12.00 price target for the company. Finally, Cowen restated a "hold" rating on shares of Macy's in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $14.00.

Insider Buying and Selling

In other news, EVP Tracy M. Preston sold 2,780 shares of the company's stock in a transaction 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 sale, the executive vice president now directly owns 4,723 shares in the company, valued at $59,887.64. This represents a 37.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Antony Spring sold 3,124 shares of the company's stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $13.74, for a total value of $42,923.76. Following the completion of the sale, the chief executive officer now owns 272,680 shares in the company, valued at $3,746,623.20. This represents a 1.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,751 shares of company stock valued at $537,790 over the last quarter. Company insiders own 1.09% 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.