Macy's (M) Stock Price

Macy's Price

NYSE·CLOSED
23.80USD+0.49 (+2.08 %)
Market closed

Over the last 19 years Macy's grew revenue by 0.1% annually, reaching 23.01 B USD. Earnings per share have declined at 2.3% per year over the last 19 years. For Macy's, the net margin of 2.5% is up versus -21.8% a few years ago. At today's price the dividend yield works out to roughly 3.07%. The payout ratio is around 35% of earnings. The dividend has grown at 0.8% per year over the past 19 years. The consensus 12-month price target for Macy's is 20.40 USD, about 14.3% below where the stock trades today. Of 19 analysts, 2 rate the stock a buy — an overall Hold consensus. The stock trades about 100% above its 52-week low.

Macy's stock price

Volume
Ex-Dividend
Details

Stock Price

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
7/21/202623.80 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
6/2/202622.08 USD
6/1/202621.65 USD
5/29/202622.03 USD
5/28/202622.31 USD
5/27/202621.56 USD
5/26/202621.30 USD
5/22/202620.56 USD
5/21/202619.97 USD
5/20/202619.68 USD
5/19/202619.05 USD
5/18/202618.52 USD
5/15/202618.41 USD
5/14/202618.31 USD
5/13/202618.43 USD
5/12/202618.52 USD
5/11/202618.69 USD
5/8/202619.48 USD
5/7/202619.23 USD
5/6/202619.82 USD
5/5/202619.28 USD
5/4/202619.12 USD
5/1/202619.69 USD
4/30/202619.55 USD
4/29/202619.30 USD
4/28/202619.43 USD
4/27/202620.01 USD
4/24/202620.10 USD
4/23/202620.18 USD
4/22/202620.20 USD
4/21/202620.24 USD
4/20/202619.94 USD
4/17/202619.54 USD
4/16/202619.08 USD
4/15/202619.15 USD
4/14/202619.10 USD
4/13/202619.23 USD
4/10/202618.86 USD
4/9/202619.14 USD
4/8/202618.34 USD
4/7/202618.10 USD
4/6/202618.13 USD
4/2/202617.83 USD
4/1/202618.10 USD
3/31/202618.09 USD
3/30/202617.58 USD
3/27/202617.90 USD
3/26/202618.49 USD
3/25/202618.50 USD
3/24/202618.56 USD
3/23/202618.39 USD
3/20/202618.02 USD
3/19/202618.05 USD
3/18/202618.05 USD
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
12/30/202522.05 USD
12/29/202522.14 USD
12/28/202522.10 USD
12/26/202522.47 USD
12/25/202522.47 USD
12/24/202522.32 USD
12/23/202522.32 USD
12/22/202522.58 USD
12/21/202522.95 USD
12/19/202523.83 USD
12/18/202523.83 USD
12/17/202523.36 USD
12/16/202523.13 USD
12/15/202523.12 USD
12/14/202523.84 USD
12/12/202524.15 USD
12/11/202524.15 USD
12/10/202524.00 USD
12/9/202523.26 USD
12/8/202522.57 USD
12/7/202522.13 USD
12/5/202523.01 USD
12/4/202522.85 USD
12/3/202522.32 USD
12/2/202522.46 USD
12/1/202522.71 USD
11/30/202522.82 USD
11/28/202522.36 USD
11/27/202522.36 USD
11/26/202522.50 USD
11/25/202522.43 USD
11/24/202521.85 USD
11/23/202520.02 USD
11/21/202520.21 USD
11/20/202520.12 USD
11/19/202519.06 USD
11/18/202519.41 USD
11/17/202519.51 USD
11/16/202519.15 USD
11/14/202519.99 USD
11/13/202519.99 USD
11/12/202520.07 USD
11/11/202520.58 USD
11/10/202520.45 USD
11/9/202520.57 USD
11/7/202520.35 USD
11/6/202520.35 USD
11/5/202520.36 USD
11/4/202520.75 USD
11/3/202519.40 USD
11/2/202519.94 USD
10/31/202519.46 USD
10/30/202519.49 USD
10/29/202519.54 USD
10/28/202519.54 USD
10/27/202519.70 USD
10/26/202519.38 USD
10/24/202518.74 USD
10/23/202518.72 USD
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
10/13/202517.83 USD
10/12/202517.45 USD
10/10/202516.42 USD
10/9/202516.51 USD
10/8/202517.28 USD
10/7/202517.72 USD
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
9/17/202517.61 USD
9/16/202517.40 USD
9/15/202517.43 USD
9/14/202517.44 USD
9/12/202516.97 USD
9/11/202516.95 USD
9/10/202517.46 USD
9/9/202517.04 USD
9/8/202517.21 USD
9/7/202517.09 USD
9/5/202517.27 USD
9/4/202517.33 USD
9/3/202517.24 USD
9/2/202516.28 USD
9/1/202513.49 USD
8/29/202513.28 USD
8/28/202513.23 USD
8/27/202513.36 USD
8/26/202513.60 USD
8/25/202513.36 USD
8/24/202513.27 USD
8/22/202513.57 USD
8/21/202513.58 USD
8/20/202512.94 USD
8/19/202512.88 USD
8/18/202513.04 USD
8/17/202513.27 USD
8/15/202512.85 USD
8/14/202512.81 USD
8/13/202512.96 USD
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
8/4/202512.00 USD
8/3/202511.90 USD
7/31/202512.36 USD
7/30/202512.63 USD
7/29/202513.02 USD
7/28/202513.31 USD
7/27/202513.72 USD
7/25/202513.16 USD
7/24/202513.08 USD
7/23/202512.70 USD
Access this data via the Eulerpool API

Macy's Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
18.10 B USD
-956.00 M USD
-3.94 B USD
Jan 1, 2022
25.29 B USD
2.29 B USD
1.43 B USD
Jan 1, 2023
25.45 B USD
1.64 B USD
1.15 B USD
Jan 1, 2024
23.87 B USD
1.27 B USD
45.00 M USD
Jan 1, 2025
23.01 B USD
936.00 M USD
582.00 M USD
Jan 1, 2026 (e)
22.18 B USD
885.51 M USD
588.84 M USD
Jan 1, 2027 (e)
21.70 B USD
871.13 M USD
600.52 M USD
Jan 1, 2028 (e)
21.10 B USD
861.34 M USD
617.88 M USD

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

Last updated Jul 23, 2026, 10:02 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
27.6927.9328.1127.0825.7825.6425.7425.3318.1025.2925.4523.8723.0122.1821.7021.10
4.850.880.62-3.65-4.80-0.530.38-1.59-28.5639.760.62-6.22-3.60-3.58-2.17-2.79
40.2740.1240.0039.0839.4040.7940.8940.1132.1140.8739.7040.4040.2840.2840.2840.28
11.1511.2111.2410.5810.1610.4610.5210.165.8110.3410.109.649.278.938.748.50
2.672.772.892.331.891.511.491.16-0.962.291.641.270.940.890.870.86
9.639.9010.278.597.345.875.774.59-5.289.056.455.314.073.994.014.08
1.341.491.531.070.621.571.110.56-3.941.431.150.050.580.590.600.62
6.2911.312.69-29.75-42.26152.99-29.25-49.10-799.29-136.26-19.86-96.071,193.331.032.042.83
0.801.191.391.491.511.511.510.381.510.600.660.690.730.690.690.69
48.7516.817.191.34-74.83297.37-60.2610.004.555.80-5.48
412.00385.00362.00333.00311.00307.00311.40311.00311.10314.00281.10278.20281.60281.60281.60281.60
Details

Income Statement Key Figures

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

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
32.11 %
-5.28 %
-21.79 %
Jan 1, 2022
40.87 %
9.05 %
5.65 %
Jan 1, 2023
39.70 %
6.45 %
4.50 %
Jan 1, 2024
40.40 %
5.31 %
0.19 %
Jan 1, 2025
40.28 %
4.07 %
2.53 %
Jan 1, 2026 (e)
40.28 %
3.99 %
2.65 %
Jan 1, 2027 (e)
40.28 %
4.01 %
2.77 %
Jan 1, 2028 (e)
40.28 %
4.08 %
2.93 %

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, 2021
58.17 USD
-3.07 USD
-12.68 USD
Jan 1, 2022
80.55 USD
7.29 USD
4.55 USD
Jan 1, 2023
90.53 USD
5.84 USD
4.08 USD
Jan 1, 2024
85.79 USD
4.55 USD
0.16 USD
Jan 1, 2025
81.70 USD
3.32 USD
2.07 USD
Jan 1, 2026 (e)
83.43 USD
3.14 USD
2.21 USD
Jan 1, 2027 (e)
81.62 USD
3.09 USD
2.26 USD
Jan 1, 2028 (e)
79.34 USD
3.06 USD
2.32 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 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 281.6 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.
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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
311.10 M Stocks
Jan 1, 2022
314.00 M Stocks
Jan 1, 2023
281.10 M Stocks
Jan 1, 2024
278.20 M Stocks
Jan 1, 2025
281.60 M Stocks
Jan 1, 2026 (e)
281.60 M Stocks
Jan 1, 2027 (e)
281.60 M Stocks
Jan 1, 2028 (e)
281.60 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
Mar 13, 20260.19USD 5.0%1/1
20250.73USD 5.0%
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%
20230.66USD 5.0%
20220.63USD 110.0%
20210.30USD 20.5%
20200.38USD 75.0%
20191.51USD 0.0%
20181.51USD 0.0%
20171.51USD 1.2%

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, 2021 (e)
0.30 USD
1.21 USD
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 (e)
0.00 USD
0.69 USD
Jan 1, 2027 (e)
0.00 USD
0.69 USD
Jan 1, 2028 (e)
0.00 USD
0.69 USD

Macy's dividend payout ratio

In 2025, Macy's had a payout ratio of 35.25%. 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, 2021
-2.37 %
Jan 1, 2022
13.85 %
Jan 1, 2023
16.22 %
Jan 1, 2024
434.25 %
Jan 1, 2025
35.25 %
Jan 1, 2026 (e)
31.37 %
Jan 1, 2027 (e)
30.76 %
Jan 1, 2028 (e)
29.90 %

Current Macy's forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
9.09 %
Buy10.53 % (2)
Hold57.89 % (11)
Sell31.58 % (6)
12M Price Target
20.40
Last Price
23.80
Currency
USD
12M Return Potential
-14.29 %
LTM Return
0 %

Macy's Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/26/20260.03USD4.70 BUSD2027 Q1
12/10/2025-0.16USD4.69 BUSD2026 Q3
8/19/20250.18USD4.86 BUSD2026 Q2
11/14/2024-0.01USD4.88 BUSD2025 Q3
5/30/20240.46USD5.12 BUSD2024 Q1
11/15/20230.19USD5.28 BUSD2023 Q3
8/21/20230.87USD5.57 BUSD2023 Q2
11/16/20220.32USD5.28 BUSD2022 Q3
8/23/20220.87USD5.57 BUSD2023 Q2
5/26/20220.84USD5.41 BUSD2023 Q1
...

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
9.91842%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
8.62050%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.92356%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
4.10046%
Redwheel
Redwheel
3.87519%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
3.79666%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
...

Macy's Executives and Management Board

AS

Mr. Antony Spring

(60)

Chairman of the Board, Chief Executive Officer · since 2024

Compensation16.45 M USD
DK

Ms. Danielle Kirgan

(49)

Chief Human Resources Officer, Chief Corporate Affairs Officer

Compensation3.49 M USD
TP

Ms. Tracy Preston

(58)

Chief Legal Officer and Corporate Secretary

Compensation2.67 M USD
OB

Mr. Olivier Bron

(47)

Chief Executive Officer - Bloomingdale's

Compensation2.59 M USD
PV

Mr. Paul Varga

(61)

Lead Independent Director

Compensation316,238.00 USD

Macy's Supply Chain

Macy's Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
0.90
0.82
0.68
0.75
0.96
2
Movado Group
Supplier
0.95
0.73
0.75
0.78
0.96
3
0.65
0.74
0.66
0.50
0.91
4
0.98
0.78
0.71
0.56
0.90
5
0.79
0.80
0.68
0.49
0.88
#Name1M3M6M1Y2YTrend
1
0.14
0.48
0.44
0.36
2
0.38
0.05
0.38
-0.49
3
iFabric
Supplier
0.72
0.69
0.52
-0.40
-0.74
4
0.16
0.09
-0.60
-0.46
5
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.

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.