Macy's (M) Stock Price

Macy's Price

NYSE·CLOSED
24.82USD-0.11 (-0.44 %)
Market closed

Revenue at Macy's has contracted by 0.9% per year over the past 19 years to 22.62 B USD. Earnings per share have grown at 0.2% per year over the last 19 years. For Macy's, the net margin of 2.8% is down versus 5.6% a few years ago. At today's price the dividend yield works out to roughly 2.94%. The payout ratio is around 162% of earnings. The dividend has grown at 1.8% per year over the past 19 years. The consensus 12-month price target for Macy's is 20.40 USD, about 17.8% below where the stock trades today. Of 19 analysts, 2 rate the stock a buy — an overall Hold consensus. Macy's's share price has gained 107.1% over the last twelve months. The stock trades about 105% above its 52-week low.

Macy's stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Macy's over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Macy's stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Macy's's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Macy's Stock Price History
DateMacy's Price
7/31/202624.82 USD
7/30/202624.93 USD
7/29/202624.16 USD
7/27/202624.66 USD
7/23/202623.33 USD
7/22/202624.33 USD
7/21/202623.80 USD
7/20/202623.31 USD
7/17/202623.68 USD
7/16/202624.12 USD
7/15/202623.76 USD
7/14/202623.21 USD
7/13/202622.93 USD
7/10/202622.64 USD
7/9/202622.68 USD
7/8/202622.62 USD
7/7/202623.13 USD
7/6/202623.96 USD
7/2/202623.25 USD
7/1/202623.43 USD
6/30/202623.55 USD
6/29/202624.32 USD
6/26/202625.96 USD
6/25/202625.70 USD
6/24/202625.34 USD
6/23/202623.95 USD
6/22/202625.04 USD
6/18/202624.42 USD
6/17/202624.45 USD
6/16/202625.49 USD
6/15/202624.67 USD
6/12/202625.34 USD
6/11/202624.02 USD
6/10/202623.00 USD
6/9/202622.18 USD
6/8/202622.26 USD
6/5/202622.41 USD
6/4/202623.23 USD
6/3/202621.84 USD
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6/1/202621.65 USD
5/29/202622.03 USD
5/28/202622.31 USD
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5/22/202620.56 USD
5/21/202619.97 USD
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5/8/202619.48 USD
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5/4/202619.12 USD
5/1/202619.69 USD
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4/27/202620.01 USD
4/24/202620.10 USD
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4/10/202618.86 USD
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3/31/202618.09 USD
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3/27/202617.90 USD
3/26/202618.49 USD
3/25/202618.50 USD
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3/17/202616.93 USD
3/16/202617.04 USD
3/13/202617.03 USD
3/12/202617.23 USD
3/11/202617.36 USD
3/10/202618.02 USD
3/9/202617.98 USD
3/6/202618.27 USD
3/5/202619.19 USD
3/4/202619.21 USD
3/3/202618.28 USD
3/2/202618.81 USD
2/27/202619.78 USD
2/26/202620.31 USD
2/25/202620.30 USD
2/24/202620.83 USD
2/23/202621.27 USD
2/20/202622.41 USD
2/19/202622.01 USD
2/18/202622.77 USD
2/17/202622.24 USD
2/13/202621.63 USD
2/12/202621.63 USD
2/11/202621.83 USD
2/10/202621.73 USD
2/9/202620.99 USD
2/8/202621.47 USD
2/6/202622.63 USD
2/5/202622.70 USD
2/4/202621.52 USD
2/3/202621.71 USD
2/2/202621.23 USD
2/1/202621.19 USD
1/30/202620.02 USD
1/29/202620.02 USD
1/28/202620.02 USD
1/27/202620.02 USD
1/26/202620.38 USD
1/25/202620.26 USD
1/23/202620.32 USD
1/22/202620.32 USD
1/21/202620.54 USD
1/20/202621.21 USD
1/19/202621.30 USD
1/16/202621.74 USD
1/15/202621.74 USD
1/14/202621.57 USD
1/13/202621.19 USD
1/12/202622.00 USD
1/11/202621.93 USD
1/9/202623.17 USD
1/8/202623.17 USD
1/7/202623.72 USD
1/6/202622.48 USD
1/5/202623.22 USD
1/4/202622.85 USD
1/2/202622.75 USD
1/1/202622.75 USD
12/31/202522.02 USD
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12/8/202522.57 USD
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10/24/202518.74 USD
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10/22/202518.64 USD
10/21/202518.56 USD
10/20/202518.24 USD
10/19/202517.98 USD
10/17/202517.92 USD
10/16/202517.82 USD
10/15/202517.96 USD
10/14/202517.90 USD
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10/12/202517.45 USD
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10/6/202517.77 USD
10/5/202518.30 USD
10/3/202518.23 USD
10/2/202518.21 USD
10/1/202518.19 USD
9/30/202517.96 USD
9/29/202517.93 USD
9/28/202518.17 USD
9/25/202518.00 USD
9/24/202517.08 USD
9/23/202517.38 USD
9/22/202517.13 USD
9/21/202516.89 USD
9/19/202517.66 USD
9/18/202517.55 USD
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9/16/202517.40 USD
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9/12/202516.97 USD
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9/5/202517.27 USD
9/4/202517.33 USD
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9/1/202513.49 USD
8/29/202513.28 USD
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8/27/202513.36 USD
8/26/202513.60 USD
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8/20/202512.94 USD
8/19/202512.88 USD
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8/15/202512.85 USD
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8/12/202513.21 USD
8/11/202512.73 USD
8/10/202512.11 USD
8/8/202512.19 USD
8/7/202512.08 USD
8/6/202512.11 USD
8/5/202512.11 USD
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Macy's Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
25.40 B USD
2.35 B USD
1.43 B USD
Jan 1, 2023
25.45 B USD
1.73 B USD
1.18 B USD
Jan 1, 2024
23.87 B USD
178.00 M USD
45.00 M USD
Jan 1, 2025
23.01 B USD
909.00 M USD
582.00 M USD
Jan 1, 2026
22.62 B USD
946.00 M USD
642.00 M USD
Jan 1, 2027 (e)
21.67 B USD
1.02 B USD
584.80 M USD
Jan 1, 2028 (e)
21.39 B USD
1.01 B USD
607.05 M USD
Jan 1, 2029 (e)
18.73 B USD
882.03 M USD
631.86 M USD

Macy's Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 9:20 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20142015201620172018201920202021202220232024202520262027e2028e2029e
27.9328.1127.0826.5625.6425.7425.3318.1025.4025.4523.8723.0122.6221.6721.3918.73
0.880.62-3.65-1.90-3.470.38-1.59-28.5640.350.20-6.22-3.60-1.67-4.19-1.32-12.45
40.1240.0039.0841.0340.7940.8940.1132.1141.1239.2940.4040.2836.5536.5536.5536.55
11.2111.2410.5810.9010.4610.5210.165.8110.4410.009.649.278.277.927.826.84
2.682.802.041.351.861.740.97-4.502.351.730.180.910.951.021.010.88
9.599.967.535.107.276.753.83-24.889.256.800.753.954.184.714.714.71
1.491.531.070.631.571.110.56-3.941.431.180.050.580.640.580.610.63
11.312.69-29.75-41.51149.76-29.25-49.10-799.29-136.26-17.69-96.181,193.3310.31-9.033.943.95
1.191.391.491.511.511.510.381.510.600.660.690.730.730.770.770.77
48.7516.817.191.34––-74.83297.37-60.2610.004.555.80–5.48––
357.70329.70310.60306.50312.20311.00311.20313.80277.70277.60281.50274.60272.70272.70272.70272.70
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Macy's generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Macy's retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Macy's's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Macy's has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Macy's's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Macy's stock margins

The Macy's margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Macy's. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Macy's.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2022
41.12 %
9.25 %
5.63 %
Jan 1, 2023
39.29 %
6.80 %
4.62 %
Jan 1, 2024
40.40 %
0.75 %
0.19 %
Jan 1, 2025
40.28 %
3.95 %
2.53 %
Jan 1, 2026
36.55 %
4.18 %
2.84 %
Jan 1, 2027 (e)
36.55 %
4.71 %
2.70 %
Jan 1, 2028 (e)
36.55 %
4.71 %
2.84 %
Jan 1, 2029 (e)
36.55 %
4.71 %
3.37 %

Macy's Stock Revenue, EBIT, Earnings per Share

The Macy's earnings per share therefore indicates how much revenue Macy's has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2022
91.46 USD
8.46 USD
5.15 USD
Jan 1, 2023
91.68 USD
6.23 USD
4.24 USD
Jan 1, 2024
84.78 USD
0.63 USD
0.16 USD
Jan 1, 2025
83.78 USD
3.31 USD
2.12 USD
Jan 1, 2026
82.95 USD
3.47 USD
2.35 USD
Jan 1, 2027 (e)
81.52 USD
3.74 USD
2.20 USD
Jan 1, 2028 (e)
80.44 USD
3.69 USD
2.28 USD
Jan 1, 2029 (e)
70.43 USD
3.23 USD
2.38 USD

Macy's business model & stock analysis

Macy's Inc is one of the oldest and most well-known retail chains in the United States. It was founded in 1858 in New York City as a small dry goods store by R.H. Macy and has continuously evolved over the past 160 years. In 2007, the company was renamed Macy's Inc and its headquarters are still located in New York City. Today, Macy's Inc operates over 800 stores in the US, making it the largest department store operator in the United States. The company's business model is simple: it is a department store that offers a wide variety of products. These include clothing, shoes, bags, jewelry, beauty products, household items, furniture, and much more. Another important aspect of Macy's Inc's business model is its specialization in customer needs. Macy's Inc offers a broad range of products at different price points to appeal to a wide target audience. Through this strategy, the company has built a large fan base in the US and around the globe. Macy's Inc operates various divisions, including Macy's, Bloomingdale's, and Bluemercury. Macy's is the company's main brand, operating department stores in all major cities in the US. Under a well-known and popular brand, Macy's Inc offers a wide range of clothing styles and accessories for every occasion and age group. Bloomingdale's is a more upscale brand of Macy's Inc, offering designer clothing, shoes, accessories, as well as luxury beauty and grooming brands. Bluemercury is a company specializing in beauty products, offering a wide range of products from skincare to makeup and fragrances. Macy's Inc is known for many products, including its own fashion collections, as well as collaborations with renowned designers. An example of this is the collaboration with designer Tom Ford, who has designed an exclusive luxury collection for the company. Macy's Inc also has a wide range of jewelry and watches. The jewelry collections include everything from classic diamond rings to modern statement jewelry. The Macy's watch range covers both trendy smartwatches and classic analog designs. In the household category, Macy's Inc also offers a wide range of products. These include items such as bedding, towels, tablecloths, and kitchen utensils. Macy's Inc also offers a wide selection of furniture - from bedroom furniture to living room furnishings. In addition to selling products, Macy's Inc also offers various services. These include beauty salons and spas, as well as personalized consulting services for clothing and accessories. Customers can even order gift wrapping and personalized gifts. Overall, Macy's Inc is one of the most well-known retail chains in the US and has earned a solid place in the retail sector. The wide range of products and focus on customer satisfaction have made the company a favorite for millions. However, in recent years, Macy's Inc has faced increasing competition from online retailers and other brick-and-mortar department stores such as JCPenney, which are taking away its customers. Nevertheless, Macy's Inc has proven that it can adapt and keep up with trends, and is likely to remain an important player in the retail industry.

Macy's SWOT Analysis

Strengths

Macy's Inc is one of the leading retail giants in the United States with a strong brand image and a wide range of products. The company has a large customer base and a well-established presence in prime locations across the country. Macy's also benefits from a well-recognized logo and attractive store layouts that enhance customer experience.

The company has a strong online presence and a user-friendly website, enabling customers to conveniently shop online. Macy's also offers various in-store and online promotions, discounts, and exclusive events to attract and retain customers. Additionally, the company has a solid supply chain network and strong relationships with suppliers, ensuring timely and efficient product delivery.

Weaknesses

One of the weaknesses of Macy's Inc is its reliance on physical retail stores, which can be susceptible to changing consumer behavior and economic downturns. The company may face challenges in adapting quickly to the evolving retail landscape and consumer preferences. Additionally, maintaining large retail spaces can be costly, including expenses for rent, utilities, and maintenance.

Macy's also faces competition from online retailers and e-commerce giants, which offer convenience and competitive pricing. The company needs to continuously invest in technology and digital strategies to compete effectively in the online retail space. Furthermore, Macy's needs to enhance its supply chain efficiency to minimize inventory costs and streamline operations.

Opportunities

Macy's Inc has the opportunity to expand its international presence and explore new markets. With the growing trend of e-commerce, the company can further invest in enhancing its online platform, mobile applications, and digital marketing strategies to reach a wider audience. Macy's can also diversify its product offerings to cater to changing customer preferences, such as increasing focus on sustainable and eco-friendly products.

Furthermore, Macy's can explore partnerships and collaborations with popular fashion designers and brands to create exclusive collections, attracting fashion-conscious customers. The company can also invest in expanding its loyalty program and personalized customer services to enhance customer loyalty and satisfaction.

Threats

One of the major threats to Macy's Inc is the intense competition in the retail industry. The company faces competition from both traditional department stores and online retailers, which pose a threat to market share and profitability. Economic downturns, changes in consumer spending patterns, and shifts in fashion trends can also impact Macy's sales and financial performance.

Additionally, Macy's faces potential threats from geopolitical factors, such as trade disputes and tariffs, which can affect the cost of imported goods. The company must also be prepared to adapt to rapidly changing consumer demands and preferences, aiming to stay ahead of competitors in the dynamic retail environment.

Macy's Employees

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Macy's Employees
Details
Date
Macy's Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees
Jan 1, 2026
- Employees

Macy's Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Macy's historical P/E ratio, EBIT multiple, and P/S ratio

Macy's annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Macy's shares outstanding

The number of shares of Macy's was 274.6 M in 2025. This indicates how many shares Macy's is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2022
277.70 M Stocks
Jan 1, 2023
277.60 M Stocks
Jan 1, 2024
281.50 M Stocks
Jan 1, 2025
274.60 M Stocks
Jan 1, 2026
272.70 M Stocks
Jan 1, 2027 (e)
272.70 M Stocks
Jan 1, 2028 (e)
272.70 M Stocks
Jan 1, 2029 (e)
272.70 M Stocks

Macy's stock splits

In Macy's's history, there have been no stock splits.

Macy's Dividend History

24 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.19USDYTD—1×
Mar 13, 20260.19USD↑ 5.0%1/1
20250.73USD↑ 5.0%4×
Mar 14, 20250.18USD↑ 5.0%1/4
Jun 13, 20250.18USD 0.0%2/4
Sep 15, 20250.18USD 0.0%3/4
Dec 15, 20250.18USD 0.0%4/4
20240.69USD↑ 5.0%4×
20230.66USD↑ 5.0%4×
20220.63USD↑ 110.0%4×
20210.30USD↓ 20.5%2×
20200.38USD↓ 75.0%1×
20191.51USD 0.0%4×
20181.51USD 0.0%4×
20171.51USD↑ 1.2%4×

Macy's dividend history and estimates

In 2025, Macy's paid a dividend amounting to 0.73 USD. Dividend means that Macy's distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2022 (e)
0.63 USD
-0.03 USD
Jan 1, 2023
0.66 USD
0.00 USD
Jan 1, 2024
0.69 USD
0.00 USD
Jan 1, 2025
0.73 USD
0.00 USD
Jan 1, 2026
0.73 USD
0.00 USD
Jan 1, 2027 (e)
0.19 USD
0.57 USD
Jan 1, 2028 (e)
0.00 USD
0.77 USD
Jan 1, 2029 (e)
0.00 USD
0.77 USD

Macy's dividend payout ratio

In 2025, Macy's had a payout ratio of 34.42%. The payout ratio indicates the percentage of the company's profits that Macy's distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2022
12.23 %
Jan 1, 2023
15.60 %
Jan 1, 2024
434.64 %
Jan 1, 2025
34.42 %
Jan 1, 2026
161.55 %
Jan 1, 2027 (e)
34.83 %
Jan 1, 2028 (e)
33.55 %
Jan 1, 2029 (e)
32.23 %

Current Macy's forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
9.09 %
Buy
10.53 % (2)
Hold
57.89 % (11)
Sell
31.58 % (6)
12M Price Target
20.40
Last Price
26.46
Currency
USD
12M Return Potential
-22.90 %
LTM Return
0 %

Macy's Analyst Rating Actions

DateFirmActionRatingReliability
6/22/2026
TD Cowen
TD Cowen
MaintainedHold60
6/4/2026
Telsey Advisory Group
Telsey Advisory Group
MaintainedMarket Perform–
6/4/2026
JP Morgan
JP Morgan
MaintainedNeutral80
6/4/2026
Evercore ISI Group
Evercore ISI Group
MaintainedIn Line62
6/4/2026
Citigroup
Citigroup
MaintainedNeutral48
4/1/2026
Telsey Advisory Group
Telsey Advisory Group
MaintainedMarket Perform–
3/19/2026
Telsey Advisory Group
Telsey Advisory Group
MaintainedMarket Perform–
3/19/2026
TD Cowen
TD Cowen
MaintainedHold60
3/19/2026
Citigroup
Citigroup
MaintainedNeutral48
3/18/2026
Telsey Advisory Group
Telsey Advisory Group
MaintainedMarket Perform–

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Macy's Earnings Calls

2025

Macy's Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/26/20260.03USD-4.70 BUSD-2027 Q1
12/10/2025-0.16USD-4.69 BUSD-2026 Q3
8/19/20250.18USD-4.86 BUSD-2026 Q2
11/14/2024-0.01USD-4.88 BUSD-2025 Q3
5/30/20240.46USD-5.12 BUSD-2024 Q1
11/15/20230.19USD-5.28 BUSD-2023 Q3
8/21/20230.87USD-5.57 BUSD-2023 Q2
11/16/20220.32USD-5.28 BUSD-2022 Q3
5/26/20220.84USD-5.41 BUSD-2023 Q1
2/22/20222.04USD-8.59 BUSD-2022 Q4
...

EESG©

Eulerpool ESG Scorecard© for the Macy's stock

55/100
55
Environment
57
Social
52
Governance
E

Environment

20
Scope 1 - Direct Emissions67,002
Scope 2 - Indirect emissions from purchased energy417,784
Scope 3 - Indirect emissions within the value chain10,364,920
Total CO₂ emissions484,786
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees75
Percentage of women in management—
Percentage of Asian employees11
Share of Asian management15
Percentage of Hispanic/Latino employees29
Hispano/Latino Management share18
Percentage of Black employees21
Black Management Share13
Percentage of white employees35
White Management Share50
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Macy's shareholder structure

% Name
10.63068%
BLACKROCK, INC.
BLACKROCK, INC.
6.19665%
DIMENSIONAL FUND ADVISORS LP
DIMENSIONAL FUND ADVISORS LP
5.12859%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
4.56715%
AMERICAN CENTURY COMPANIES INC
AMERICAN CENTURY COMPANIES INC
4.27746%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
4.24041%
RWC ASSET MANAGEMENT LLP
RWC ASSET MANAGEMENT LLP
...

Macy's Beneficial Ownership Filings (SEC 13D/G)

Free Float
98.4%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
10.07%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
9.70%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
7.07%
BlackRock for purposes of Schedule 13G filings.
BlackRock for purposes of Schedule 13G filings.
SEC ↗
6.40%
Dimensional Fund Advisors LP
Dimensional Fund Advisors LP
SEC ↗
5.80%
98-0186363
98-0186363
SEC ↗
5.60%
Nomura Holdings, Inc.
Nomura Holdings, Inc.
SEC ↗
5.60%
Nomura Global Financial Products, Inc.
Nomura Global Financial Products, Inc.
SEC ↗
5.50%
Dodge & Cox 94-1441976
Dodge & Cox 94-1441976
SEC ↗
5.30%
30-0447847
30-0447847
SEC ↗
5.22%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗

Macy's Executives and Management Board

20 members · avg. age 58 · 45 % women

AS

Mr. Antony Spring (60)

Chairman of the Board, Chief Executive Officer · since 2024

16.45 M USD

Management

DK

Ms. Danielle Kirgan (49)

Chief Human Resources Officer, Chief Corporate Affairs Officer

3.49 M USD
TP

Ms. Tracy Preston (58)

Chief Legal Officer and Corporate Secretary

2.67 M USD
OB

Mr. Olivier Bron (47)

Chief Executive Officer - Bloomingdale's

2.59 M USD
TE

Mr. Thomas Edwards (59)

Chief Financial Officer, Chief Operating Officer

–
PG

Mr. Paul Griscom (44)

Senior Vice President, Controller

–
BC

Ms. Barbie Cameron

Chief Stores Officer

–

Board of Directors

PV

Mr. Paul Varga (61)

Lead Independent Director

316,238.00 USD
MC

Ms. Marie Chandoha (63)

Independent Director

294,336.00 USD
JG

Ms. Jill Granoff (63)

Independent Director

290,549.00 USD
DC

Ms. Deirdre Connelly (64)

Independent Director

288,433.00 USD
EA

Ms. Emilie Arel (47)

Independent Director

271,637.00 USD
TZ

Ms. Tracey Zhen (48)

Independent Director

270,859.00 USD

Macy's Supply Chain

Macy's Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Simon Property Group
Supplier·Equity Real Estate Investment Trusts (REITs)·US
0.92
0.90
0.82
0.68
0.75
0.96
0.46
2
Movado Group
Supplier·Textiles, Apparel & Luxury Goods·US
0.80
0.95
0.73
0.75
0.78
0.96
—
3
Extreme Networks
Supplier·Communications Equipment·US
0.64
0.65
0.74
0.66
0.50
0.91
—
4
Steven Madden
Supplier·Textiles, Apparel & Luxury Goods·US
0.94
0.98
0.78
0.71
0.56
0.90
0.66
5
Capri Holdings
Supplier·Textiles, Apparel & Luxury Goods·GB
0.59
0.79
0.80
0.68
0.49
0.88
0.67
#Nameβ 1YTrend
1
Destination Maternity
Supplier·Customer·Specialty Retail·US
0.36
0.14
0.48
0.44
0.36
—
—
2
Sequential Brands Group, Inc.
Supplier·Customer·Textiles, Apparel & Luxury Goods·US
0.34
0.38
0.05
0.38
-0.49
—
—
3
iFabric
Supplier·Textiles, Apparel & Luxury Goods·CA
0.76
0.72
0.69
0.52
-0.40
-0.74
—
4
Blackhawk Network Holdings, Inc.
Supplier·US
—
—
0.16
0.09
-0.60
-0.46
—
5
Pennsylvania REIT
Supplier·Equity Real Estate Investment Trusts (REITs)·US
0.75
0.66
0.55
0.61
-0.46
0.13
—

Frequently asked questions about Macy's

The business model of Macy's Inc. focuses on operating as a leading omnichannel retailer. Macy's offers a wide range of merchandise, including apparel, accessories, home furnishings, beauty products, and more. With an extensive network of stores, the company provides customers with an immersive shopping experience, both in-store and online. Offering a diverse selection of renowned brands and private labels, Macy's aims to cater to various customer preferences. By strategically blending digital capabilities and physical stores, Macy's strives to deliver seamless shopping experiences and build lasting customer relationships.

Macy's Inc is primarily active in the retail industry, specifically in the department store sector.

The main competitors of Macy's Inc in the market are Nordstrom, Kohl's, and J.C. Penney.

Macy's Inc is a well-known American retailer with a rich history and background. Established in 1858, the company has grown from a small dry goods store in New York City to become one of the largest department store chains in the United States. Macy's has been a pioneer in the retail industry, introducing various innovations such as the first cosmetic counter, the first in-store Santa Claus, and even the famous annual Macy's Thanksgiving Day Parade. With a strong focus on providing quality products and exceptional customer service, Macy's Inc has established itself as a trusted brand in the retail sector.

Macy's Inc has achieved significant milestones throughout its history, solidifying its position as a leading retailer. One notable achievement is the establishment of its flagship store in Herald Square, New York City, which has become an iconic shopping destination. Macy's Inc also expanded its reach through various acquisitions, including the merger with Federated Department Stores in 1994. Additionally, the company embraced e-commerce, launching its online store and successfully integrating digital strategies into its business model. Macy's Inc continues to innovate and adapt to changing consumer preferences, ensuring its ongoing success in the retail industry.

Macy's Inc is primarily present in the United States.

Macy's Inc represents a commitment to exceptional customer experience, innovation, and community involvement. The company focuses on delivering quality products and services while building strong relationships with its customers. Macy's Inc embraces diversity and inclusivity, striving to create an inclusive workplace and reflect the diverse communities they serve. They believe in corporate responsibility and prioritize sustainability efforts, aiming to minimize their environmental impact and contribute to a better future. Macy's Inc continually seeks to evolve and adapt to changing consumer preferences, staying at the forefront of the retail industry.

Analysts currently set an average price target of 19.59 USD for the Macy's stock (median: 20.40 USD), implying -26.0 % versus the latest price. The consensus is based on 19 analyst ratings.

Macy's Analyst Price Targets 2026

19 analysts currently rate the Macy's stock: 7 recommend buying, 11 holding and 1 selling.

Macy's Analyst Price Targets 2026

Converted at the current exchange rate, the Macy's share trades at 21.54 EUR (24.82 USD).

The Macy's share (M) is listed on 10 stock exchanges, including: NYSE (M), XETRA (FDO.DE), Frankfurt (FDO.F), München (FDO.MU), Düsseldorf (FDO.DU), London (0JXD.L), London (0JXD.L), SIX (Zürich) (FDO.SW).

Macy's Inc is an American omnichannel retail company founded in 1858 by Rowland Macy. The company currently operates over 750 stores in the United States and Puerto Rico, including Bloomingdale's and Bluemercury. Macy's Inc's business model is based on the sale of clothing, shoes, accessories, beauty products, home goods, and other items for women, men, and children. The product range includes a wide range of brands and prices to meet the needs of different customers. Macy's Inc is divided into three main divisions: Macy's, Bloomingdale's, and Bluemercury. Macy's is the company's largest retail department and offers a wide range of categories, including clothing, shoes, beauty, home goods, and furniture. Bloomingdale's is a luxury retail company specializing in exclusive brands and products. Bluemercury is a chain of cosmetics stores specializing in premium beauty products and services. The company also offers a wide range of services, including personal stylists, beauty salons, personal shopping, and wedding registry. In addition, Macy's Inc offers a rewards program called Star Rewards, which offers members special rewards and benefits. Macy's Inc also has an e-commerce platform where customers can purchase products online and handle shipping and returns. The company also has a mobile app that makes it easy to shop for products, discover deals, and access order status. In recent years, Macy's Inc has focused its strategy on improving its omnichannel presence and strengthening its e-commerce capabilities. The company plans to enhance its retail properties to integrate customer-oriented stores and digital retail functionality. Macy's Inc also focuses on creating new partnerships and distribution channels. The company has partnered with brands like Toys "R" Us and Target to sell their products through Macy's. Overall, Macy's Inc operates in a highly competitive market and competes with other retailers such as Walmart, Target, and Amazon. The company continues to pursue innovative marketing strategies to build customer relationships and achieve growth.

The revenue of Macy's is 22.62 B USD. This figure is based on current financial data and reflects the company's business performance.

The profit of Macy's is 642.00 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Macy's is currently 10.54. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Macy's stock.

The price-to-sales ratio (P/S) of Macy's is currently 0.30. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Macy's stock.

The Eulerpool Quality Score for Macy's is 2/10.

The ISIN of Macy's is US55616P1049. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Macy's is A0MS7Y. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Macy's is M. The ticker symbol is used to trade Macy's shares on the stock exchange.

Over the past 12 months, Macy's paid a dividend of 0.73 USD . This corresponds to a dividend yield of about 2.94 %. For the coming 12 months, Macy's is expected to pay a dividend of 0.77 USD.

The current dividend yield of Macy's is 2.94 %.

Macy's pays a dividend, distributed in the months of , , , .

Macy's paid dividends every year for the past 23 years.

For the upcoming 12 months, dividends amounting to 0.77 USD are expected. This corresponds to a dividend yield of 3.09 %.

Macy's is assigned to the 'Cyclical consumption' sector.

To receive the latest dividend of Macy's from amounting to 0.19 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Macy's distributed 0.69 USD as dividends.

The dividends of Macy's are distributed in USD.

All fundamentals and in-depth analysis of Macy's

Our stock analysis for Macy's stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Macy's. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Macy's Stock
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