Macy’s (NYSE:M) Earns “Market Perform” Rating from Telsey Advisory Group

Telsey Advisory Group restated their market perform rating on shares of Macy’s (NYSE:M) in a report released on Tuesday,Benzinga reports. The brokerage currently has a $17.00 price objective on the stock. Telsey Advisory Group also issued estimates for Macy’s’ Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $1.79 EPS, Q3 2026 earnings at ($0.05) EPS and Q4 2026 earnings at $2.01 EPS.

Several other equities research analysts have also recently weighed in on the stock. StockNews.com started coverage on shares of Macy’s in a research report on Sunday, November 10th. They set a “hold” rating for the company. Morgan Stanley lowered their target price on Macy’s from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, August 22nd. Finally, Argus raised Macy’s to a “hold” rating in a research note on Thursday, October 10th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $19.86.

Macy’s Trading Up 1.9 %

M opened at $16.27 on Tuesday. Macy’s has a twelve month low of $14.06 and a twelve month high of $22.10. The company has a 50-day simple moving average of $15.51 and a 200 day simple moving average of $16.75. The company has a quick ratio of 0.34, a current ratio of 1.48 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 25.42 and a beta of 2.11.

Macy’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be paid a $0.1737 dividend. This represents a $0.69 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend is Friday, December 13th. Macy’s’s dividend payout ratio is currently 107.81%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC increased its stake in shares of Macy’s by 7.7% in the second quarter. CWM LLC now owns 8,398 shares of the company’s stock valued at $161,000 after buying an additional 598 shares during the period. SummerHaven Investment Management LLC boosted its holdings in Macy’s by 1.7% in the second quarter. SummerHaven Investment Management LLC now owns 44,321 shares of the company’s stock valued at $851,000 after acquiring an additional 761 shares during the last quarter. Wedmont Private Capital boosted its holdings in Macy’s by 6.1% in the second quarter. Wedmont Private Capital now owns 14,403 shares of the company’s stock valued at $275,000 after acquiring an additional 833 shares during the last quarter. Cumberland Advisors Inc. boosted its holdings in Macy’s by 0.9% in the second quarter. Cumberland Advisors Inc. now owns 117,510 shares of the company’s stock valued at $2,256,000 after acquiring an additional 1,000 shares during the last quarter. Finally, United Services Automobile Association boosted its holdings in Macy’s by 4.8% in the second quarter. United Services Automobile Association now owns 22,038 shares of the company’s stock valued at $423,000 after acquiring an additional 1,012 shares during the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

Macy’s Company Profile

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.