Overview
Macy's, Inc., headquartered in the United States, is a prominent player in the retail sector, primarily engaged in the sale of a wide range of merchandise including apparel, accessories, cosmetics, home furnishings, and other consumer goods. Macy's operates through a network of department stores and e-commerce sites under several well-known brands, including Macy's, Bloomingdale's, and Bluemercury. Key projects and initiatives for Macy's include enhancing its omnichannel retailing capabilities, focusing on personalized customer experiences, and strengthening its luxury and off-price offerings. The company has also been investing in technology to streamline operations and improve efficiencies across its integrated retail platform, aiming to adapt to evolving consumer trends and market dynamics.
Basic Stats
The share price of Macy's, Inc. as of September 5, 2025 is $17.35 / share. This is an increase of 31.14% from the prior week. The market cap (or net worth) of Macy's, Inc. as of September 5, 2025 is $4,642.86 MM.
The Factor Analysis chart (below right) shows a view of Macy's, Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 4,642.86 MM |
| EV | 6,445.86 MM |
| Shares Out. | 267.60 MM |
| Earnings Date | |
| EPS (TTM) | 1.85 |
| Dividend Yield | 4.21 % |
| Ex-Dividend Date | 2025-09-15 |
| Borrow Rate | 0.34 |
| Short Shares Avail. | 4.10 MM |
| Short Interest | 25.65 MM |
| Short Float | 9.68 % |
| Days to Cover | 1.07 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 16.68 % |
| Volatility (1 yr) | 0.51 |
| Beta | 1.24 |
| Sharpe Ratio (1 yr) | 0.24 |
| Sortino Ratio (1 yr) | 0.48 |
| PE Ratio | 9.40 |
| Price/Book | 1.04 |
| Price/TBV | 1.45 |
| Book/Market | 0.96 |
| EBIT/EV | 0.10 |
| EBIT(3yr avg)/EV | 0.09 |
| ROA | 0.03 |
| ROE | 0.11 |
| ROIC | 0.05 |
| CROIC | 0.02 |
| OCROIC | 0.14 |
| Implied Volatility | 37.85 % |
| Put/Call OI Ratio | 0.98 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Macy's, Inc. is $13.50. The forecasts range from a low of $6.06 to a high of $24.27. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Macy's, Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-11-18 | Deutsche Bank | Hold | Maintains | |
| 2022-11-18 | Citigroup | Neutral | Maintains | |
| 2022-11-09 | OTR Global | Mixed | Positive | Upgrade |
| 2022-09-15 | Jefferies | Buy | Maintains | |
| 2022-08-24 | Telsey Advisory Group | Market Perform | Maintains | |
| 2022-08-24 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-08-24 | Evercore ISI Group | Outperform | Maintains | |
| 2022-08-24 | Citigroup | Neutral | Maintains | |
| 2022-07-07 | B of A Securities | Underperform | Maintains | |
| 2022-05-27 | Telsey Advisory Group | Market Perform | Maintains | |
| 2022-05-27 | Morgan Stanley | Underweight | Equal-Weight | Upgrade |
| 2022-05-27 | Deutsche Bank | Hold | Maintains | |
| 2022-05-27 | Citigroup | Neutral | Maintains | |
| 2022-05-16 | JP Morgan | Neutral | Maintains | |
| 2022-02-23 | Morgan Stanley | Underweight | Maintains | |
| 2022-02-23 | Deutsche Bank | Hold | Maintains | |
| 2022-02-23 | Credit Suisse | Underperform | Maintains | |
| 2022-02-16 | Evercore ISI Group | In-Line | Outperform | Upgrade |
| 2022-02-15 | Telsey Advisory Group | Market Perform | Maintains | |
| 2022-01-04 | JP Morgan | Neutral | Maintains | |
| 2021-11-19 | Telsey Advisory Group | Market Perform | Maintains | |
| 2021-11-19 | Credit Suisse | Underperform | Maintains | |
| 2021-11-19 | Citigroup | Sell | Maintains | |
| 2021-11-11 | Telsey Advisory Group | Market Perform | Maintains | |
| 2021-09-28 | Gordon Haskett | Hold | Buy | Upgrade |
| 2021-09-09 | Cowen & Co. | Market Perform | Outperform | Upgrade |
| 2021-08-20 | Telsey Advisory Group | Market Perform | Maintains | |
| 2021-08-20 | Morgan Stanley | Underweight | Maintains | |
| 2021-08-20 | JP Morgan | Underweight | Neutral | Upgrade |
| 2021-08-20 | Credit Suisse | Underperform | Maintains | |
| 2021-08-16 | Telsey Advisory Group | Market Perform | Maintains | |
| 2021-08-09 | OTR Global | Mixed | Positive | Upgrade |
| 2021-05-19 | Telsey Advisory Group | Market Perform | Maintains | |
| 2021-05-19 | Morgan Stanley | Underweight | Maintains | |
| 2021-05-19 | Credit Suisse | Underperform | Maintains | |
| 2021-02-24 | Credit Suisse | Underperform | Maintains | |
| 2021-02-18 | Morgan Stanley | Underweight | Maintains | |
| 2020-12-18 | Jefferies | Hold | Buy | Upgrade |
| 2020-11-20 | Morgan Stanley | Underweight | Maintains | |
| 2020-11-20 | Credit Suisse | Underperform | Maintains | |
| 2020-07-22 | UBS | Neutral | Sell | Downgrade |
| 2020-07-06 | Morgan Stanley | Underweight | Maintains | |
| 2020-06-10 | Morgan Stanley | Underweight | Maintains | |
| 2020-06-10 | Credit Suisse | Underperform | Maintains | |
| 2020-05-22 | Deutsche Bank | Hold | Maintains | |
| 2020-05-22 | B of A Securities | Underperform | Reiterate | |
| 2020-05-21 | CFRA | Sell | Maintains | |
| 2020-05-07 | Deutsche Bank | Hold | Maintains | |
| 2020-04-30 | UBS | Neutral | Maintains | |
| 2020-04-23 | Morgan Stanley | Underweight | Maintains | |
| 2020-03-26 | Citigroup | Sell | Maintains | |
| 2020-03-19 | Morgan Stanley | Underweight | Maintains | |
| 2020-02-25 | CFRA | Hold | Maintains | |
| 2020-01-09 | Atlantic Equities | Underweight | Neutral | Upgrade |
| 2019-12-19 | Morgan Stanley | Underweight | Maintains | |
| 2019-12-09 | Goldman Sachs | Neutral | Sell | Downgrade |
| 2019-11-22 | Morgan Stanley | Underweight | Maintains | |
| 2019-11-22 | Deutsche Bank | Hold | Maintains | |
| 2019-11-21 | JP Morgan | Underweight | Maintains | |
| 2019-10-18 | Credit Suisse | Neutral | Underperform | Downgrade |
| 2019-08-23 | Guggenheim | Buy | Neutral | Downgrade |
| 2019-05-16 | Goldman Sachs | Sell | Neutral | Upgrade |
| 2019-01-10 | Bank of America | Neutral | Underperform | Downgrade |
| 2018-12-06 | Atlantic Equities | Neutral | Underweight | Downgrade |
| 2018-11-15 | Deutsche Bank | Hold | Hold | Maintains |
| 2018-09-04 | Goldman Sachs | Sell | Initiate | |
| 2018-08-16 | Morgan Stanley | Underweight | Underweight | Maintains |
| 2018-08-16 | Deutsche Bank | Hold | Hold | Maintains |
| 2018-08-16 | Cowen & Co. | Market Perform | Market Perform | Maintains |
| 2018-08-10 | Standpoint Research | Buy | Hold | Downgrade |
| 2018-06-21 | UBS | Neutral | Initiate | |
| 2018-06-06 | Atlantic Equities | Overweight | Neutral | Downgrade |
| 2018-05-22 | Susquehanna | Neutral | Positive | Upgrade |
| 2018-05-10 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| 2018-03-12 | Credit Suisse | Neutral | Initiate | |
| 2018-03-01 | Gordon Haskett | Hold | Buy | Upgrade |
| 2018-03-01 | BMO Capital | Outperform | Outperform | Maintains |
| 2018-02-28 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-02-26 | Deutsche Bank | Hold | Hold | Maintains |
| 2017-11-13 | Morgan Stanley | Equal-Weight | Maintains | |
| 2017-11-13 | BMO Capital | Outperform | Maintains | |
| 2017-10-31 | Citigroup | Sell | Maintains | |
| 2017-10-30 | Citigroup | Neutral | Sell | Downgrade |
| 2017-08-11 | Credit Suisse | Neutral | Maintains | |
| 2017-08-08 | Deutsche Bank | Hold | Maintains | |
| 2017-05-09 | Gordon Haskett | Hold | Initiate | |
| 2017-03-24 | Citigroup | Buy | Neutral | Downgrade |
| 2017-02-17 | Atlantic Equities | Neutral | Overweight | Upgrade |
| 2017-02-10 | Susquehanna | Neutral | Initiate | |
| 2017-01-31 | Buckingham | Buy | Neutral | Downgrade |
| 2017-01-05 | Deutsche Bank | Buy | Hold | Downgrade |
| 2016-11-02 | OTR Global | Negative | Mixed | Upgrade |
| 2016-10-31 | Deutsche Bank | Hold | Buy | Upgrade |
| 2016-09-30 | Guggenheim | Buy | Initiate | |
| 2016-09-28 | Credit Suisse | Outperform | Neutral | Downgrade |
| 2016-09-14 | Citigroup | Neutral | Buy | Upgrade |
| 2016-08-12 | UBS | Neutral | Maintains | |
| 2016-08-12 | Macquarie | Outperform | Neutral | Downgrade |
| 2016-08-12 | Goldman Sachs | Neutral | Maintains | |
| 2016-08-12 | Deutsche Bank | Hold | Maintains | |
| 2016-08-12 | Citigroup | Neutral | Maintains | |
| 2016-07-25 | Deutsche Bank | Hold | Maintains | |
| 2016-05-12 | Northland Securities | Buy | Neutral | Downgrade |
| 2016-05-12 | Morgan Stanley | Equal-Weight | Maintains | |
| 2016-05-03 | RBC Capital | Underperform | Initiate | |
| 2016-03-14 | Jefferies | Hold | Maintains | |
| 2016-02-24 | Barclays | Underweight | Maintains | |
| 2015-12-04 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2015-11-12 | Stifel Nicolaus | Buy | Maintains | |
| 2015-11-12 | Northcoast Research | Buy | Upgrade | |
| 2015-11-12 | Morgan Stanley | Equal-Weight | Maintains | |
| 2015-11-12 | Macquarie | Outperform | Maintains | |
| 2015-11-12 | Credit Suisse | Outperform | Maintains | |
| 2015-11-12 | Cowen & Co. | Market Perform | Maintains | |
| 2015-11-12 | Barclays | Underweight | Maintains | |
| 2015-11-09 | Deutsche Bank | Hold | Maintains | |
| 2015-11-04 | OTR Global | Mixed | Negative | Downgrade |
| 2015-10-26 | Cowen & Co. | Outperform | Market Perform | Downgrade |
| 2015-10-12 | Barclays | Underweight | Maintains | |
| 2015-10-07 | Citigroup | Neutral | Initiate | |
| 2015-09-09 | Gilford Securities | Neutral | Sell | Downgrade |
| 2015-08-25 | Deutsche Bank | Sell | Hold | Upgrade |
| 2015-08-24 | Standpoint Research | Buy | Initiate | |
| 2015-07-28 | Gilford Securities | Buy | Sell | Downgrade |
| 2015-07-24 | Atlantic Equities | Neutral | Underweight | Downgrade |
| 2015-07-16 | JP Morgan | Overweight | Maintains | |
| 2015-06-29 | Deutsche Bank | Buy | Sell | Downgrade |
| 2015-05-14 | Telsey Advisory Group | Outperform | Market Perform | Downgrade |
| 2015-04-10 | Buckingham Research | Neutral | Buy | Upgrade |
| 2015-02-17 | Barclays | Underweight | Initiate | |
| 2015-02-09 | JP Morgan | Overweight | Maintains | |
| 2015-02-05 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2015-01-09 | Northcoast | Buy | Neutral | Downgrade |
| 2015-01-09 | Deutsche Bank | Buy | Maintains | |
| 2015-01-09 | Credit Suisse | Outperform | Maintains | |
| 2014-12-16 | Cowen & Co. | Outperform | Initiate | |
| 2014-12-09 | Atlantic Equities | Overweight | Neutral | Downgrade |
| 2014-11-21 | Deutsche Bank | Buy | Maintains | |
| 2014-11-18 | Bank of America | Buy | Neutral | Downgrade |
| 2014-11-05 | Northcoast Research | Neutral | Buy | Upgrade |
| 2014-10-16 | Macquarie | Outperform | Maintains | |
| 2014-09-11 | Sterne Agee | Buy | Neutral | Downgrade |
| 2014-08-22 | Stifel Nicolaus | Buy | Maintains | |
| 2014-07-28 | Deutsche Bank | Buy | Maintains | |
| 2014-06-11 | Citigroup | Buy | Maintains | |
| 2014-03-11 | Wells Fargo | Market Perform | Outperform | Upgrade |
| 2014-02-26 | Morgan Stanley | Overweight | Maintains | |
| 2014-02-19 | Citigroup | Buy | Initiate | |
| 2014-02-13 | Nomura | Buy | Initiate | |
| 2014-01-13 | Macquarie | Outperform | Upgrade | |
| 2014-01-10 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2014-01-09 | Stifel Nicolaus | Buy | Maintains | |
| 2014-01-09 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2013-11-05 | Standpoint Research | Neutral | Initiate | |
| 2013-09-27 | Pacific Crest | Outperform | Initiate | |
| 2013-08-15 | Deutsche Bank | Buy | Maintains | |
| 2013-08-15 | Citigroup | Buy | Maintains | |
| 2013-08-13 | Maxim Group | Buy | Hold | Downgrade |
| 2013-06-27 | Stifel Nicolaus | Buy | Initiate | |
| 2013-06-05 | Sterne Agee | Buy | Initiate | |
| 2013-05-16 | BMO Capital | Market Perform | Maintains | |
| 2013-05-15 | Northcoast Research | Buy | Neutral | Downgrade |
| 2013-05-13 | Northcoast Research | Buy | Neutral | Downgrade |
| 2013-05-07 | Wells Fargo | Market Perform | Initiate | |
| 2013-05-07 | JP Morgan | Overweight | Maintains | |
| 2013-04-12 | Tigress Financial | Buy | Initiate | |
| 2013-03-04 | Deutsche Bank | Buy | Maintains | |
| 2013-02-12 | Maxim Group | Buy | Initiate | |
| 2013-02-05 | Citigroup | Neutral | Buy | Upgrade |
| 2013-01-09 | Macquarie | Outperform | Downgrade | |
| 2012-11-08 | UBS | Neutral | Maintains | |
| 2012-08-09 | UBS | Neutral | Maintains | |
| 2012-07-17 | Citigroup | Neutral | Maintains | |
| 2012-07-02 | UBS | Neutral | Maintains | |
| 2012-06-27 | Citigroup | Buy | Neutral | Downgrade |
| 2012-04-11 | UBS | Neutral | Initiate | |
| 2012-04-11 | Citigroup | Buy | Maintains | |
| 2012-04-09 | Citigroup | Buy | Maintains | |
| 2023-01-23 | JP Morgan | Neutral | Maintains | |
| 2023-01-30 | Goldman Sachs | Buy | Initiate | |
| 2023-02-24 | Telsey Advisory Group | Market Perform | Reiterate | |
| 2023-02-23 | Citigroup | Neutral | Maintains | |
| 2023-03-03 | Morgan Stanley | Equal-Weight | Maintains | |
| 2023-03-03 | JP Morgan | Neutral | Maintains | |
| 2023-03-03 | Credit Suisse | Underperform | Maintains | |
| 2023-03-03 | Telsey Advisory Group | Market Perform | Reiterate | |
| 2023-03-29 | Gordon Haskett | Accumulate | Hold | Downgrade |
| 2023-04-03 | JP Morgan | Neutral | Overweight | Upgrade |
| 2023-03-30 | Telsey Advisory Group | Market Perform | Reiterate | |
| 2023-05-17 | Goldman Sachs | Buy | Buy | Maintains |
| 2023-06-02 | Citigroup | Neutral | Reiterate | |
| 2023-05-24 | Telsey Advisory Group | Market Perform | Market Perform | Reiterate |
| 2023-06-01 | Telsey Advisory Group | Market Perform | Market Perform | Reiterate |
| 2023-06-02 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2023-06-02 | Goldman Sachs | Buy | Buy | Maintains |
| 2023-06-07 | UBS | Sell | Sell | Maintains |
| 2023-11-07 | Evercore ISI Group | In-Line | Initiate | |
| 2023-08-23 | Goldman Sachs | Buy | Buy | Maintains |
| 2023-08-23 | UBS | Sell | Sell | Maintains |
| 2023-08-23 | B of A Securities | Underperform | Underperform | Maintains |
| 2023-08-23 | Citigroup | Neutral | Neutral | Maintains |
| 2023-08-23 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2023-08-07 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-08-22 | Telsey Advisory Group | Market Perform | Market Perform | Reiterate |
| 2023-09-27 | Gordon Haskett | Buy | Hold | Downgrade |
| 2023-11-17 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2023-08-15 | Telsey Advisory Group | Market Perform | Market Perform | Reiterate |
| 2023-11-17 | JP Morgan | Overweight | Overweight | Maintains |
| 2023-12-12 | Citigroup | Neutral | Sell | Downgrade |
| 2024-02-28 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-02-29 | TD Cowen | Outperform | Market Perform | Downgrade |
| 2024-02-02 | Citigroup | Sell | Neutral | Upgrade |
| 2024-02-28 | Goldman Sachs | Buy | Buy | Maintains |
| 2024-02-28 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-05-22 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-05-22 | TD Cowen | Hold | Hold | Maintains |
| 2024-05-21 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-03-11 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-05-22 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-02-21 | Telsey Advisory Group | Market Perform | Market Perform | Reiterate |
| 2024-03-28 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-12-12 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-07-16 | Evercore ISI Group | In-Line | In-Line | Maintains |
| 2025-02-27 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-12-12 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-08-14 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-08-21 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-12-12 | Guggenheim | Neutral | Neutral | Reiterate |
| 2024-12-12 | UBS | Sell | Sell | Maintains |
| 2025-05-29 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-11-26 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-08-22 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-08-22 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2025-03-06 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2025-03-07 | Goldman Sachs | Buy | Buy | Maintains |
| 2024-12-16 | Gordon Haskett | Hold | Buy | Upgrade |
| 2025-01-14 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2024-12-11 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2025-03-07 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2025-03-07 | Citigroup | Neutral | Neutral | Maintains |
| 2025-05-29 | Citigroup | Neutral | Neutral | Maintains |
| 2025-05-29 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-01-08 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-03-07 | UBS | Sell | Sell | Maintains |
| 2025-04-02 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2025-08-27 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2025-09-04 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
| 2025-09-04 | Jefferies | Buy | Buy | Maintains |
| 2025-04-28 | Barclays | Equal-Weight | Initiate | |
| 2025-04-22 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2025-04-14 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-04-17 | Citigroup | Neutral | Neutral | Maintains |
| 2025-09-04 | Citigroup | Neutral | Neutral | Maintains |
| 2025-09-04 | Goldman Sachs | Neutral | Neutral | Maintains |
| 2025-09-04 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-09-04 | UBS | Sell | Sell | Maintains |
| 2025-05-06 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2025-07-28 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-09-03 | Telsey Advisory Group | Market Perform | Market Perform | Maintains |
