Macy’s (M) Expected to Announce Quarterly Earnings on Thursday

by · The Cerbat Gem

Macy’s (NYSE:M – Get Free Report) will likely be releasing its Q4 2026 results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $1.55 per share and revenue of $7.4831 billion for the quarter. Individuals can check the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Wednesday, March 18, 2026 at 8:00 AM ET.

Macy’s (NYSE:M – Get Free Report) last posted its earnings results on Wednesday, December 3rd. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.22. The business had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $4.52 billion. Macy’s had a net margin of 2.10% and a return on equity of 15.57%. The firm’s revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.04 EPS. 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 Price Performance

NYSE M opened at $18.29 on Wednesday. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 10.82 and a beta of 1.51. Macy’s has a 1-year low of $9.76 and a 1-year high of $24.41. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.25 and a quick ratio of 0.18. The business’s fifty day moving average price is $21.48 and its 200-day moving average price is $19.73.

Macy’s Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a $0.1915 dividend. This is a positive change from Macy’s’s previous quarterly dividend of $0.18. This represents a $0.77 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, March 13th. Macy’s’s dividend payout ratio is currently 43.20%.

Insiders Place Their Bets

In related news, EVP Danielle L. Kirgan sold 85,000 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $23.92, for a total value of $2,033,200.00. Following the transaction, the executive vice president owned 51,161 shares in the company, valued at approximately $1,223,771.12. This represents a 62.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.77% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of M. Smartleaf Asset Management LLC boosted its stake in Macy’s by 51.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock valued at $34,000 after acquiring an additional 526 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Macy’s by 35.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,838 shares of the company’s stock valued at $41,000 after purchasing an additional 486 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Macy’s in the 4th quarter valued at about $54,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Macy’s by 31.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,528 shares of the company’s stock worth $78,000 after purchasing an additional 851 shares during the last quarter. Finally, Vestcor Inc acquired a new position in Macy’s in the third quarter worth about $118,000. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on M shares. Jefferies Financial Group started coverage on Macy’s in a research report on Wednesday, January 14th. They issued a “buy” rating and a $27.00 target price on the stock. The Goldman Sachs Group raised their price objective on shares of Macy’s from $16.50 to $22.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. TD Cowen restated a “hold” rating on shares of Macy’s in a research report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Macy’s in a research report on Monday, December 29th. Finally, Telsey Advisory Group lifted their price target on shares of Macy’s from $22.00 to $25.00 and gave the stock a “market perform” rating in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $20.50.

View Our Latest Analysis on Macy’s

About Macy’s

(Get Free Report)

Macy’s, Inc is a leading American omnichannel retailer operating under the Macy’s brand, as well as specialty divisions Bloomingdale’s and Bluemercury. The company’s retail portfolio encompasses full-line department stores, fashion-focused specialty outlets and a high-end beauty chain, offering consumers a wide array of apparel, footwear, accessories, cosmetics and home furnishings. Through its integrated network of physical stores and digital platforms, Macy’s seeks to deliver a seamless shopping experience that blends in-store service with online convenience.

The company’s product assortment spans men’s, women’s and children’s clothing, beauty and personal care products, housewares and home décor.

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