Macy’s (M) Expected to Post Earnings on Thursday

Macy’s (NYSE:M) is expected to announce its Q2 2026 results before the market opens on Thursday, September 10th. Analysts expect the company to announce earnings of $0.3706 per share and revenue of $4.8052 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, September 10, 2026 at 8:00 AM ET.

Macy’s Stock Performance

NYSE M opened at $22.50 on Wednesday. The company has a 50 day moving average of $23.59 and a 200-day moving average of $21.44. Macy’s has a 1-year low of $16.41 and a 1-year high of $26.58. The firm has a market cap of $5.92 billion, a price-to-earnings ratio of 9.30 and a beta of 1.41. The company has a current ratio of 1.48, a quick ratio of 0.44 and a debt-to-equity ratio of 0.50.

Macy’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a dividend of $0.1915 per share. This represents a $0.77 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Macy’s’s dividend payout ratio (DPR) is presently 31.82%.

Insider Activity at Macy’s

In other news, SVP Paul Griscom sold 10,077 shares of Macy’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 sale, the senior vice president directly owned 25,373 shares of the company’s stock, valued at approximately $650,309.99. This trade represents a 28.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Thomas Edwards, Jr. sold 16,419 shares of Macy’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $24.89, for a total transaction of $408,668.91. Following the sale, the executive vice president owned 20,000 shares in the company, valued at approximately $497,800. This 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 company insiders.

Institutional Trading of Macy’s

Several institutional investors and hedge funds have recently modified their holdings of the stock. Trexquant Investment LP increased its position in shares of Macy’s by 34.2% during the fourth quarter. Trexquant Investment LP now owns 1,005,546 shares of the company’s stock valued at $22,172,000 after buying an additional 255,986 shares during the period. Zacks Investment Management boosted its position in shares of Macy’s by 27.2% in the fourth quarter. Zacks Investment Management now owns 276,366 shares of the company’s stock valued at $6,094,000 after acquiring an additional 59,104 shares during the period. Twinbeech Capital LP bought a new position in shares of Macy’s in the fourth quarter valued at approximately $4,503,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Macy’s by 22.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 88,678 shares of the company’s stock valued at $1,590,000 after acquiring an additional 16,166 shares in the last quarter. Finally, Armistice Capital LLC bought a new stake in Macy’s during the 4th quarter worth approximately $989,000. 87.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on M. TD Cowen lifted their price objective on Macy’s from $20.00 to $25.00 and gave the company a “hold” rating in a report on Monday, June 22nd. Evercore set a $22.00 price target on shares of Macy’s in a research note on Thursday, June 4th. Citigroup lifted their price objective on shares of Macy’s from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Tuesday, August 25th. Telsey Advisory Group boosted their price objective on shares of Macy’s from $20.00 to $23.00 and gave the stock a “market perform” rating in a research report on Thursday, June 4th. Finally, Morgan Stanley restated an “overweight” rating and set a $30.00 price objective on shares of Macy’s in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $22.78.

Macy’s Company Profile

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.