Macy’s, Inc. (NYSE:M) will release earnings for its second quarter before the opening bell on Thursday, Sept. 10.
Analysts expect the New York-based company to report quarterly earnings of 36 cents per share, up from 31 cents per share in the year-ago period. The consensus estimate for Macy’s quarterly revenue is $4.80 billion. It reported $4.81 billion last year, according to Benzinga Pro.
On Aug. 28, the company’s board of directors declared a regular quarterly dividend of 19.15 cents per share.
Shares of Macy’s fell 4.2% to close at $21.51 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- UBS analyst Jay Sole maintained a Sell rating and raised the price target from $9 to $10 on Aug. 26, 2026. This analyst has an accuracy rate of 64%.
- Citigroup analyst Paul Lejuez maintained a Neutral rating and increased the price target from $22 to $24 on Aug. 25, 2026. This analyst has an accuracy rate of 62%.
- Morgan Stanley analyst Alex Straton upgraded the stock from Equal-Weight to Overweight with a price target of $30 on July 7, 2026. This analyst has an accuracy rate of 59%.
- TD Cowen analyst Oliver Chen maintained a Hold rating and boosted the price target from $20 to $25 on June 22, 2026. This analyst has an accuracy rate of 52%.
- Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating and increased the price target from $20 to $23 on June 4, 2026. This analyst has an accuracy rate of 64%.
Considering buying M stock? Here’s what analysts think:
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