Macy’s’ (M) Market Perform Rating Reiterated at Telsey Advisory Group

Macy’s (NYSE:M)‘s stock had its “market perform” rating reissued by investment analysts at Telsey Advisory Group in a report released on Wednesday,Benzinga reports. They presently have a $25.00 price target on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 37.96% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Citigroup reaffirmed a “neutral” rating on shares of Macy’s in a report on Wednesday, February 18th. Morgan Stanley boosted their target price on shares of Macy’s from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Friday, December 5th. Jefferies Financial Group initiated coverage on shares of Macy’s in a research note on Wednesday, January 14th. They issued a “buy” rating and a $27.00 target price on the stock. TD Cowen reaffirmed a “hold” rating on shares of Macy’s in a research report on Thursday, December 4th. Finally, Wall Street Zen upgraded Macy’s from a “buy” rating to a “strong-buy” rating in a research note on Sunday. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $20.00.

Macy’s Price Performance

M stock opened at $18.12 on Wednesday. The company has a quick ratio of 0.18, a current ratio of 1.25 and a debt-to-equity ratio of 0.56. Macy’s has a 52-week low of $9.76 and a 52-week high of $24.41. The stock’s 50 day moving average is $20.56 and its two-hundred day moving average is $20.05. The company has a market capitalization of $4.82 billion, a PE ratio of 10.60 and a beta of 1.51.

Macy’s (NYSE:M) last announced its earnings results on Wednesday, March 18th. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.12. The company had revenue of $7.92 billion for the quarter, compared to analyst estimates of $7.48 billion. Macy’s had a return on equity of 15.57% and a net margin of 2.10%.During the same period in the prior year, the company posted $1.80 EPS. Macy’s’s quarterly revenue was down 1.7% on a year-over-year basis. Analysts predict that Macy’s will post 2.39 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Macy’s

Hedge funds and other institutional investors have recently modified their holdings of the stock. Strengthening Families & Communities LLC bought a new position in Macy’s in the 4th quarter valued at about $28,000. V Square Quantitative Management LLC bought a new stake in shares of Macy’s during the 4th quarter worth about $29,000. Smartleaf Asset Management LLC lifted its stake in shares of Macy’s by 51.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock worth $34,000 after acquiring an additional 526 shares during the period. Cullen Frost Bankers Inc. bought a new position in shares of Macy’s in the third quarter valued at approximately $31,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Macy’s by 35.9% in the fourth 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 in the last quarter. 87.36% of the stock is currently owned by institutional investors.

More Macy’s News

Here are the key news stories impacting Macy’s this week:

• Positive Sentiment: Q4 earnings beat — Macy’s reported $1.67 EPS vs. analyst consensus $1.55, topping estimates and underpinning upside momentum. Macy’s Stock Jumps on Earnings Beat
• Positive Sentiment: Same‑store sales improvement led by Bloomingdale’s — Macy’s reported an unexpected rise in comps for the holiday quarter, with Bloomingdale’s contributing meaningfully to the turnaround narrative. Macy’s Same-Store Sales Boosted by Bloomingdale’s
• Positive Sentiment: Store‑refresh program showing early progress — Management said renovations and selective closures are contributing to comp growth, supporting the company’s turnaround strategy and long‑term margins. Macy’s expects sales to fall this year, even as store revamp shows progress
• Positive Sentiment: Unusual options activity — Heavy call buying (roughly a 142% increase vs. typical volume) the day before earnings suggests some traders were positioned for upside, a short‑term bullish signal for sentiment.
• Neutral Sentiment: Company materials posted — Full press release and slide deck are available for investors to review detailed results and guidance assumptions. Macy’s Press Release
• Negative Sentiment: Cautious full‑year outlook — Management forecast weaker annual revenue and profit amid tight consumer spending, and signaled sales may decline this year, which is pressuring the share price despite the beat. Macy’s forecasts weak annual sales, profit; sees tariff relief
• Negative Sentiment: Mixed guidance tone — Analysts and coverage note that strong Q4 results were partly offset by softer guidance for FY26, creating uncertainty around near‑term earnings growth and multiple expansion. Fed Day, Macy’s earnings…

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.