Macy's (NYSE:M) Issues Q3 2025 Earnings Guidance

Key Points

• Macy's has issued Q3 2025 earnings guidance predicting an EPS range of -0.200 to -0.150, slightly better than the consensus estimate of -0.200.
• The company expects revenue between $4.5 billion and $4.6 billion, aligning with the consensus revenue estimate of $4.5 billion.
• Macy's has also updated its full-year 2025 EPS guidance to a range of 1.700 to 2.050.

Macy's (NYSE:M - Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of -0.200--0.150 for the period, compared to the consensus EPS estimate of -0.200. The company issued revenue guidance of $4.5 billion-$4.6 billion, compared to the consensus revenue estimate of $4.5 billion. Macy's also updated its FY 2025 guidance to 1.700-2.050 EPS.

Analysts Set New Price Targets

M has been the topic of several recent research reports. The Goldman Sachs Group boosted their target price on Macy's from $13.00 to $14.50 and gave the stock a "neutral" rating in a report on Thursday. Jefferies Financial Group upped their price objective on Macy's from $14.50 to $18.50 and gave the stock a "buy" rating in a research report on Wednesday. Citigroup upped their price objective on Macy's from $12.00 to $16.00 and gave the stock a "neutral" rating in a research report on Thursday. Telsey Advisory Group reiterated a "market perform" rating and set a $17.00 target price (up previously from $14.00) on shares of Macy's in a research note on Wednesday. Finally, Barclays upped their price objective on shares of Macy's from $12.00 to $15.00 and gave the company an "equal weight" rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Macy's currently has an average rating of "Hold" and a consensus target price of $14.85.

Macy's Price Performance

Macy's stock traded up $0.07 during mid-day trading on Friday, reaching $17.31. The company had a trading volume of 18,321,722 shares, compared to its average volume of 9,616,165. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.38 and a quick ratio of 0.37. The stock's 50-day simple moving average is $12.96 and its 200-day simple moving average is $12.48. Macy's has a 1 year low of $9.76 and a 1 year high of $18.13. The company has a market capitalization of $4.70 billion, a P/E ratio of 9.89 and a beta of 1.78.

Macy's (NYSE:M - Get Free Report) last issued its quarterly earnings data on Wednesday, September 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.22. Macy's had a net margin of 2.18% and a return on equity of 15.39%. The business had revenue of $4.81 billion during the quarter, compared to analysts' expectations of $4.69 billion. During the same period last year, the company posted $0.53 EPS. The company's revenue was down 2.5% on a year-over-year basis. Macy's has set its Q3 2025 guidance at -0.200--0.150 EPS. FY 2025 guidance at 1.700-2.050 EPS. On average, equities analysts predict that Macy's will post 2.39 EPS for the current year.

Macy's Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 15th will be given a dividend of $0.1824 per share. The ex-dividend date is Monday, September 15th. This represents a $0.73 dividend on an annualized basis and a yield of 4.2%. Macy's's dividend payout ratio (DPR) is 41.71%.

Institutional Trading of Macy's

A number of hedge funds have recently bought and sold shares of M. Invesco Ltd. boosted its holdings in shares of Macy's by 160.5% in the 2nd quarter. Invesco Ltd. now owns 4,283,107 shares of the company's stock valued at $49,941,000 after purchasing an additional 2,639,132 shares during the last quarter. Bank of America Corp DE increased its stake in Macy's by 108.6% during the 2nd quarter. Bank of America Corp DE now owns 742,575 shares of the company's stock worth $8,658,000 after buying an additional 386,669 shares during the period. First Trust Advisors LP increased its stake in Macy's by 40.8% during the 2nd quarter. First Trust Advisors LP now owns 1,039,478 shares of the company's stock worth $12,120,000 after buying an additional 301,374 shares during the period. Engineers Gate Manager LP increased its position in shares of Macy's by 64.9% in the 2nd quarter. Engineers Gate Manager LP now owns 614,843 shares of the company's stock worth $7,169,000 after purchasing an additional 242,080 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Macy's by 79.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 347,053 shares of the company's stock worth $4,047,000 after purchasing an additional 154,175 shares during the last quarter. Institutional investors and hedge funds 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.