Q3 EPS Estimates for Macy’s Boosted by Telsey Advisory Group

Macy’s, Inc. (NYSE:M) – Research analysts at Telsey Advisory Group increased their Q3 2025 earnings per share (EPS) estimates for Macy’s in a report issued on Tuesday, November 26th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $0.10 per share for the quarter, up from their prior forecast of ($0.01). Telsey Advisory Group has a “Market Perform” rating and a $17.00 price objective on the stock. The consensus estimate for Macy’s’ current full-year earnings is $2.70 per share. Telsey Advisory Group also issued estimates for Macy’s’ Q4 2025 earnings at $1.79 EPS and Q3 2026 earnings at ($0.05) EPS.

Other analysts also recently issued research reports about the company. StockNews.com raised Macy’s from a “hold” rating to a “buy” rating in a research note on Wednesday. Argus upgraded shares of Macy’s to a “hold” rating in a research report on Thursday, October 10th. Finally, Morgan Stanley reduced their price objective on shares of Macy’s from $18.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday, August 22nd. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $19.86.

Macy’s Stock Performance

M stock opened at $15.96 on Thursday. The company has a 50-day simple moving average of $15.50 and a 200 day simple moving average of $16.76. The company has a market capitalization of $4.43 billion, a P/E ratio of 24.94 and a beta of 2.11. The company has a quick ratio of 0.34, a current ratio of 1.48 and a debt-to-equity ratio of 0.70. Macy’s has a fifty-two week low of $14.06 and a fifty-two week high of $22.10.

Institutional Investors Weigh In On Macy’s

A number of large investors have recently bought and sold shares of M. Quest Partners LLC bought a new position in shares of Macy’s in the third quarter valued at approximately $35,000. Venturi Wealth Management LLC grew its stake in Macy’s by 282.7% in the 3rd quarter. Venturi Wealth Management LLC now owns 2,281 shares of the company’s stock valued at $36,000 after buying an additional 1,685 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in Macy’s in the 3rd quarter worth $39,000. Abich Financial Wealth Management LLC acquired a new position in Macy’s during the 2nd quarter worth $57,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Macy’s during the second quarter valued at about $62,000. 87.36% of the stock is currently owned by institutional investors.

Macy’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be paid a $0.1737 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.69 annualized dividend and a dividend yield of 4.35%. Macy’s’s payout ratio is 107.81%.

About Macy’s

Macy's, Inc, an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands.