A number of research firms have changed their ratings and price targets for Macy’s (NYSE: M):
- 9/20/2026 – Macy’s was upgraded by Wall Street Zen from “hold” to “buy”.
- 9/17/2026 – Macy’s had its “sell” rating reaffirmed by UBS Group AG.
- 9/14/2026 – Macy’s had its “hold” rating reaffirmed by TD Cowen.
- 9/12/2026 – Macy’s was downgraded by Wall Street Zen from “buy” to “hold”.
- 9/11/2026 – Macy’s was downgraded by Zacks Research from “strong-buy” to “hold”.
- 9/11/2026 – Macy’s had its “neutral” rating reaffirmed by BTIG Research.
- 9/10/2026 – Macy’s was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 8/26/2026 – Macy’s had its price target raised by UBS Group AG from $9.00 to $10.00. They now have a “sell” rating on the stock.
- 8/25/2026 – Macy’s had its price target raised by Citigroup Inc. from $22.00 to $24.00. They now have a “neutral” rating on the stock.
- 8/21/2026 – Macy’s was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 8/6/2026 – Macy’s was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
Macy’s Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 15th were paid a dividend of $0.1915 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.77 annualized dividend and a yield of 3.4%. Macy’s’s dividend payout ratio (DPR) is currently 27.84%.
The company serves customers primarily in the United States through its stores and e-commerce operations. Macy’s offers a mix of national and private-brand merchandise, while Bloomingdale’s focuses on premium and luxury products and Bluemercury operates beauty stores and in-store beauty shops.
Recommended Stories
- Five stocks we like better than Macy’s
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
Receive News & Ratings for Macy's Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macy's Inc and related companies with MarketBeat.com's FREE daily email newsletter.
