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

Macy’s (NYSE:M) is expected to be issuing its Q2 2026 results before the market opens on Thursday, September 10th. Analysts expect the company to post earnings of $0.3703 per share and revenue of $4.8052 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, September 10, 2026 at 8:00 AM ET.

Macy’s Price Performance

Shares of NYSE:M opened at $23.06 on Tuesday. The company has a market cap of $6.07 billion, a P/E ratio of 9.53 and a beta of 1.41. The company has a quick ratio of 0.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.50. Macy’s has a 52 week low of $16.41 and a 52 week high of $26.58. The business has a fifty day simple moving average of $23.61 and a 200-day simple moving average of $21.44.

Macy’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.1915 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.77 annualized dividend and a yield of 3.3%. Macy’s’s dividend payout ratio is 31.82%.

Insider Transactions at Macy’s

In other Macy’s news, SVP Paul Griscom sold 10,077 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $25.63, for a total transaction of $258,273.51. Following the completion of the sale, the senior vice president directly owned 25,373 shares in the company, valued at $650,309.99. This represents a 28.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Thomas Edwards, Jr. sold 16,419 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $24.89, for a total value of $408,668.91. Following the completion of the transaction, the executive vice president owned 20,000 shares in the company, valued at approximately $497,800. This trade represents a 45.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of M. Smartleaf Asset Management LLC grew its stake in Macy’s by 51.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock worth $34,000 after buying an additional 526 shares during the period. 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 acquiring an additional 486 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Macy’s during the 4th quarter valued at $54,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Macy’s by 31.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,528 shares of the company’s stock valued at $78,000 after acquiring an additional 851 shares in the last quarter. Finally, Vestcor Inc purchased a new stake in Macy’s during the 3rd quarter worth $118,000. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on M. Wall Street Zen cut Macy’s from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 2nd. Zacks Research upgraded shares of Macy’s from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Weiss Ratings raised shares of Macy’s from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. UBS Group boosted their target price on shares of Macy’s from $9.00 to $10.00 and gave the company a “sell” rating in a report on Wednesday, August 26th. Finally, Citigroup upped their price target on shares of Macy’s from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Macy’s currently has a consensus rating of “Hold” and a consensus price target of $22.78.

About Macy’s

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.