Macy’s (NYSE:M) Releases FY 2025 Earnings Guidance

Macy’s (NYSE:M) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.050-2.250 for the period, compared to the consensus earnings per share estimate of 2.320. The company issued revenue guidance of $21.0 billion-$21.4 billion, compared to the consensus revenue estimate of $21.3 billion.

Macy’s Stock Performance

Shares of M stock opened at $14.10 on Friday. 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 has a 52 week low of $12.60 and a 52 week high of $22.10. The stock has a market capitalization of $3.91 billion, a PE ratio of 23.89 and a beta of 2.05. The firm has a 50 day moving average of $15.10 and a two-hundred day moving average of $15.50.

Macy’s (NYSE:M) last posted its quarterly earnings data on Thursday, March 6th. The company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.25. Macy’s had a net margin of 0.73% and a return on equity of 21.99%. The company had revenue of $7.77 billion for the quarter, compared to analyst estimates of $7.76 billion. On average, research analysts predict that Macy’s will post 2.39 EPS for the current fiscal year.

Macy’s Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a $0.1824 dividend. The ex-dividend date is Friday, March 14th. This is a positive change from Macy’s’s previous quarterly dividend of $0.17. This represents a $0.73 annualized dividend and a dividend yield of 5.18%. Macy’s’s dividend payout ratio is currently 116.95%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Citigroup lowered their price target on shares of Macy’s from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Friday. StockNews.com upgraded shares of Macy’s from a “hold” rating to a “buy” rating in a research report on Friday, February 14th. JPMorgan Chase & Co. downgraded shares of Macy’s from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $19.00 to $14.00 in a research report on Thursday. Guggenheim reissued a “neutral” rating on shares of Macy’s in a research report on Thursday, December 12th. Finally, Benchmark upgraded shares of Macy’s to a “strong-buy” rating in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, nine have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $16.00.

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.