Macy's (NYSE:M) Updates Q2 2025 Earnings Guidance

Macy's (NYSE:M - Get Free Report) 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.

Macy's Trading Down 0.5%

Shares of M stock traded down $0.06 during mid-day trading on Friday, reaching $11.88. 8,401,442 shares of the stock traded hands, compared to its average volume of 6,444,198. The stock's fifty day simple moving average is $11.69 and its two-hundred day simple moving average is $14.04. Macy's has a 1-year low of $9.76 and a 1-year high of $20.47. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 20.14 and a beta of 1.77. The company has a quick ratio of 0.17, a current ratio of 1.26 and a debt-to-equity ratio of 0.67.

Macy's (NYSE:M - Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The company reported $0.16 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 firm had revenue of $4.60 billion for the quarter, compared to analyst estimates of $4.38 billion. During the same period last year, the firm posted $0.27 earnings per share. The business's revenue for the quarter was down 5.1% on a year-over-year basis. On average, research analysts anticipate that Macy's will post 2.39 EPS for the current fiscal year.

Macy's Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have recently commented on M shares. Wall Street Zen raised Macy's from a "hold" rating to a "buy" rating in a research note on Friday, February 14th. Telsey Advisory Group lowered 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. JPMorgan Chase & Co. lowered their price objective on Macy's from $13.00 to $12.00 and set a "neutral" rating for the company in a research report on Thursday. Gordon Haskett downgraded Macy's from an "accumulate" rating to a "hold" rating in a research report on Thursday, March 6th. Finally, Barclays started coverage on Macy's in a report on Monday, April 28th. They issued a "cautious" rating and a $12.00 target price for the company. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $13.20.

Insiders Place Their Bets

In related news, CEO Antony Spring sold 3,124 shares of Macy's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $13.74, for a total transaction of $42,923.76. Following the transaction, the chief executive officer now owns 272,680 shares of the company's stock, valued at $3,746,623.20. The trade was a 1.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Tracy M. Preston sold 2,780 shares of Macy's stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $12.68, for a total value of $35,250.40. Following the transaction, the executive vice president now directly owns 4,723 shares in the company, valued at approximately $59,887.64. The trade was a 37.05% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 41,751 shares of company stock worth $537,790. 2.77% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Focus Partners Wealth boosted its position 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 worth $2,047,000 after purchasing an additional 45,149 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position 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 worth $14,019,000 after purchasing an additional 55,821 shares during the last quarter. Hedge funds and other 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.