Macy's Company Profile (NYSE:M)

About Macy's

MacyMacy's, Inc. is an omnichannel retail company operating stores, Websites and mobile applications under various brands, such as Macy's, Bloomingdale's and Bluemercury. The Company sells a range of merchandise, including apparel and accessories (men's, women's and children's), cosmetics, home furnishings and other consumer goods. Its subsidiaries provide various support functions to its retail operations. The Company's bank subsidiary, FDS Bank, provides credit processing, certain collections, customer service and credit marketing services in respect of various credit card accounts that are owned either by Department Stores National Bank (DSNB), a subsidiary of Citibank N.A. or FDS Bank and that constitutes a part of the credit programs of the Company's retail operations. Macy's Systems and Technology, Inc. (MST), a subsidiary of the Company, provides operational electronic data processing and management information services to all of the Company's operations.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Department Stores
  • Sub-Industry: Department Stores
  • Exchange: NYSE
  • Symbol: M
  • CUSIP: 55616P10
Key Metrics:
  • Previous Close: $32.44
  • 50 Day Moving Average: $30.94
  • 200 Day Moving Average: $36.37
  • 52-Week Range: $28.55 - $45.50
  • Trailing P/E Ratio: 15.10
  • Foreward P/E Ratio: 11.24
  • P/E Growth: 0.53
  • Market Cap: $10.14B
  • Outstanding Shares: 305,670,000
  • Beta: 0.79
  • Net Margins: 2.63%
  • Return on Equity: 24.83%
  • Return on Assets: 4.93%
  • Debt-to-Equity Ratio: 1.73%
  • Current Ratio: 1.22%
  • Quick Ratio: 0.17%
Additional Links:
Companies Related to Macy's:

Analyst Ratings

Consensus Ratings for Macy's (NYSE:M) (?)
Ratings Breakdown: 1 Sell Rating, 18 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $39.49 (19.04% upside)

Analysts' Ratings History for Macy's (NYSE:M)
DateFirmActionRatingPrice TargetDetails
2/22/2017Cowen and CompanyReiterated RatingMarket Perform$44.00View Rating Details
2/22/2017Telsey Advisory GroupLower Price TargetMarket Perform -> Market Perform$38.00 -> $36.00View Rating Details
2/17/2017Atlantic SecuritiesUpgradeNeutral -> Overweight$31.72 -> $36.00View Rating Details
2/16/2017Credit Suisse GroupReiterated RatingHoldView Rating Details
2/10/2017Susquehanna Bancshares IncInitiated CoverageNeutral$31.00View Rating Details
2/7/2017Deutsche Bank AGReiterated RatingHold$34.00View Rating Details
2/3/2017OTR GlobalDowngradeSellView Rating Details
1/31/2017Buckingham ResearchDowngradeBuy -> Neutral$30.00View Rating Details
1/7/2017GuggenheimReiterated RatingBuyView Rating Details
1/7/2017RBC Capital MarketsReiterated RatingMarket PerformView Rating Details
1/5/2017Jefferies Group LLCSet Price TargetHold$40.00 -> $35.00View Rating Details
1/5/2017Goldman Sachs Group, Inc. (The)Set Price TargetHold$44.00 -> $39.00View Rating Details
1/5/2017Royal Bank of CanadaLower Price TargetSector Perform$43.00 -> $35.00View Rating Details
11/30/2016BMO Capital MarketsReiterated RatingOutperform$51.00 -> $45.00View Rating Details
11/1/2016Stifel NicolausReiterated RatingHold$38.00View Rating Details
9/14/2016Citigroup Inc.UpgradeNeutral -> Buy$35.42 -> $44.00View Rating Details
8/25/2016Standpoint ResearchInitiated CoverageBuy$72.00View Rating Details
8/13/2016Morgan StanleyReiterated RatingEqual Weight$37.00 -> $35.00View Rating Details
8/12/2016MacquarieDowngradeOutperform -> NeutralView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralView Rating Details
5/12/2016ArgusInitiated CoverageHoldView Rating Details
5/12/2016Northland SecuritiesDowngradeBuy -> Neutral$31.22View Rating Details
5/12/2016Northcoast ResearchDowngradeBuy -> NeutralView Rating Details
3/8/2016Miller TabakInitiated CoverageHold$45.00View Rating Details
2/24/2016Barclays PLCBoost Price TargetUnderweight$30.00 -> $36.00View Rating Details
1/31/2016NomuraReiterated RatingBuy$50.00View Rating Details
12/3/2015Evercore ISIReiterated RatingBuyView Rating Details
10/5/2015Cleveland ResearchDowngradeBuy -> NeutralView Rating Details
9/11/2015S&P Equity ResearchReiterated RatingHold$60.00View Rating Details
9/9/2015Gilford SecuritiesUpgradeSell -> NeutralView Rating Details
8/12/2015J P Morgan Chase & CoDowngradeOverweight -> NeutralView Rating Details
7/21/2015M PartnersInitiated CoverageBuy$100.00View Rating Details
7/21/2015Bank of America CorpReiterated RatingNeutral$68.00 -> $78.00View Rating Details
5/20/2015Pacific CrestUpgradeOverweight($1.00) -> $110.00View Rating Details
3/5/2015Maxim GroupBoost Price TargetHold$48.50 -> $60.00View Rating Details
(Data available from 2/25/2015 forward)


Earnings History for Macy's (NYSE:M)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017Q4 2017$1.96$2.02$8.61 billion$8.52 billionViewListenView Earnings Details
11/10/2016Q316$0.41$0.17$5.65 billion$5.63 billionViewListenView Earnings Details
8/11/2016Q216$0.45$0.54$5.73 billion$5.87 billionViewListenView Earnings Details
5/11/2016Q116$0.39$0.40$5.97 billion$5.77 billionViewListenView Earnings Details
2/23/2016Q415$1.89$2.09$8.83 billion$8.87 billionViewListenView Earnings Details
11/11/2015Q315$0.54$0.56$6.12 billion$5.87 billionViewListenView Earnings Details
8/12/2015Q215$0.76$0.64$6.25 million$6.10 billionViewListenView Earnings Details
5/13/2015Q115$0.62$0.56$6.32 billion$6.23 billionViewListenView Earnings Details
2/24/2015Q414$2.38$2.44$9.40 billion$9.36 billionViewListenView Earnings Details
11/12/2014Q314$0.51$0.61$6.35 billion$6.20 billionViewListenView Earnings Details
8/13/2014Q214$0.86$0.80$6.30 billion$6.27 billionViewListenView Earnings Details
5/14/2014Q114$0.59$0.60$6.46 billion$6.28 billionViewListenView Earnings Details
2/25/2014Q4$2.17$2.31$9.27 billion$9.20 billionViewListenView Earnings Details
11/13/2013Q313$0.39$0.47$6.19 billion$6.28 billionViewListenView Earnings Details
8/14/2013Q2 2013$0.79$0.72$6.28 billion$6.07 billionViewListenView Earnings Details
5/15/2013Q1 2013$0.53$0.50$6.39 billion$6.39 billionViewListenView Earnings Details
2/26/2013Q4 2012$1.99$2.05$9.30 billion$9.35 billionViewListenView Earnings Details
11/7/2012Q312$0.29$0.36$6.06 billion$6.08 billionViewN/AView Earnings Details
8/8/2012$0.64$0.67ViewN/AView Earnings Details
5/9/2012$0.39$0.43ViewN/AView Earnings Details
2/21/2012$1.65$1.70ViewN/AView Earnings Details
11/9/2011$0.16$0.32ViewN/AView Earnings Details
5/11/2011$0.19$0.30ViewN/AView Earnings Details
2/22/2011$1.52$1.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Macy's (NYSE:M)
Current Year EPS Consensus Estimate: $3.29 EPS
Next Year EPS Consensus Estimate: $2.95 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162$0.39$0.45$0.42
Q3 20164$0.61$0.66$0.64
Q4 20163$0.42$0.52$0.48
Q1 20173$2.19$2.35$2.29
Q2 20172$0.33$0.44$0.39
Q3 20172$0.38$0.45$0.42
Q4 20172$1.82$1.92$1.87
Q1 20182$0.30$0.38$0.34
Q2 20182$0.45$0.52$0.49
Q3 20182$0.08$0.14$0.11
Q4 20182$1.71$1.91$1.81
(Data provided by Zacks Investment Research)


Current Dividend Information for Macy's (NYSE:M)
Annual Dividend:$1.51
Dividend Yield:4.55%
Dividend Growth:17.90% (3 Year Average)
Payout Ratio:69.27% (Based on Trailing 12 Months of Earnings)
45.90% (Based on Current Year Consensus EPS Estimate)
51.19% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Macy's (NYSE:M)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Macy's (NYSE:M)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 86.28%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/30/2016Craig WeatherupDirectorSell20,000$42.00$840,000.00View SEC Filing  
3/23/2016Terry J LundgrenCEOSell177,352$43.48$7,711,264.96View SEC Filing  
3/21/2016Joel A BelskyEVPSell3,599$44.55$160,335.45View SEC Filing  
3/21/2016Molly LangensteinInsiderSell1,779$44.55$79,254.45View SEC Filing  
3/3/2016Karen M HoguetCFOSell12,500$44.03$550,375.00View SEC Filing  
3/2/2016Jeffrey GennettePresidentBuy25,000$43.81$1,095,250.00View SEC Filing  
3/1/2016Karen M HoguetCFOSell22,403$43.39$972,066.17View SEC Filing  
2/29/2016Dennis J BroderickEVPSell5,602$43.22$242,118.44View SEC Filing  
2/29/2016Terry J LundgrenCEOSell29,153$43.23$1,260,284.19View SEC Filing  
2/29/2016William S AllenInsiderSell3,468$43.24$149,956.32View SEC Filing  
2/25/2016Jeffrey A KantorInsiderSell9,722$43.17$419,698.74View SEC Filing  
6/9/2015Dennis J BroderickEVPSell67,212$68.93$4,632,923.16View SEC Filing  
6/9/2015Patti H OngmanInsiderSell7,500$68.98$517,350.00View SEC Filing  
6/3/2015Dennis J BroderickEVPSell19,722$69.71$1,374,820.62View SEC Filing  
6/3/2015Peter R SachseInsiderSell10,000$69.30$693,000.00View SEC Filing  
5/27/2015Robert B HarrisonInsiderSell71,088$67.18$4,775,691.84View SEC Filing  
5/15/2015Karen M HoguetCFOSell138,970$64.72$8,994,138.40View SEC Filing  
4/15/2015Joyce M RocheDirectorSell10,000$68.13$681,300.00View SEC Filing  
4/14/2015Craig WeatherupDirectorSell10,000$68.75$687,500.00View SEC Filing  
4/13/2015Martine M ReardonCMOSell5,000$69.42$347,100.00View SEC Filing  
4/8/2015Peter R SachseInsiderSell88,958$68.94$6,132,764.52View SEC Filing  
4/2/2015Marna C WhittingtonDirectorSell10,000$67.84$678,400.00View SEC Filing  
3/26/2015Timothy G BaxterInsiderSell3,044$65.10$198,164.40View SEC Filing  
3/25/2015Joel A BelskyEVPSell2,500$65.33$163,325.00View SEC Filing  
3/24/2015Jeffrey GennettePresidentSell14,077$65.37$920,213.49View SEC Filing  
3/24/2015Patti H OngmanInsiderSell3,765$65.38$246,155.70View SEC Filing  
3/23/2015Joel A BelskyEVPSell5,000$65.10$325,500.00View SEC Filing  
3/2/2015Dennis J BroderickEVPSell11,773$63.80$751,117.40View SEC Filing  
3/2/2015Jeffrey GennettePresidentSell9,366$63.41$593,898.06View SEC Filing  
3/2/2015Martine M ReardonCMOSell4,876$63.41$309,187.16View SEC Filing  
3/2/2015Peter R SachseInsiderSell20,799$63.79$1,326,768.21View SEC Filing  
3/2/2015Terry J LundgrenCEOSell121,663$64.17$7,807,114.71View SEC Filing  
12/29/2014Tim M AdamsInsiderSell10,000$65.26$652,600.00View SEC Filing  
12/2/2014Julie Greiner WeiserInsiderSell18,570$63.76$1,184,023.20View SEC Filing  
11/25/2014Peter R SachseInsiderSell37,140$64.87$2,409,271.80View SEC Filing  
11/21/2014Peter R SachseInsiderSell19,722$63.65$1,255,305.30View SEC Filing  
11/17/2014Dennis J BroderickEVPSell31,601$61.85$1,954,521.85View SEC Filing  
11/14/2014Martine M ReardonCMOSell25,000$61.59$1,539,750.00View SEC Filing  
11/14/2014Meyer FeldbergDirectorSell10,000$62.25$622,500.00View SEC Filing  
11/14/2014Tim M AdamsInsiderSell26,389$61.99$1,635,854.11View SEC Filing  
8/28/2014Karen M HoguetCFOSell37,140$62.00$2,302,680.00View SEC Filing  
8/27/2014Terry J LundgrenCEOSell550,000$62.35$34,292,500.00View SEC Filing  
8/25/2014Robert B HarrisonInsiderSell19,459$62.00$1,206,458.00View SEC Filing  
8/22/2014Tim M AdamsInsiderSell18,014$61.65$1,110,563.10View SEC Filing  
6/20/2014Tim M AdamsInsiderSell10,000$58.16$581,600.00View SEC Filing  
4/4/2014Tim AdamsInsiderSell21,019$59.74$1,255,675.06View SEC Filing  
4/3/2014Julie Greiner WeiserInsiderSell25,000$60.52$1,513,000.00View SEC Filing  
4/3/2014Meyer FeldbergDirectorSell10,000$60.55$605,500.00View SEC Filing  
4/1/2014Jeffrey GennettePresidentSell27,895$59.17$1,650,547.15View SEC Filing  
3/25/2014Joel BelskyEVPSell5,000$58.77$293,850.00View SEC Filing  
3/19/2014Joel BelskyEVPSell6,875$58.74$403,837.50View SEC Filing  
3/13/2014Jeffrey KantorChairmanSell39,086$58.97$2,304,901.42View SEC Filing  
3/12/2014Craig WeatherupDirectorSell20,000$57.91$1,158,200.00View SEC Filing  
3/11/2014Karen HoguetCFOSell27,500$58.29$1,602,975.00View SEC Filing  
3/4/2014Terry LundgrenCEOSell595,138$57.39$34,154,969.82View SEC Filing  
3/3/2014Amy HansonEVPSell69,845$56.97$3,979,069.65View SEC Filing  
3/3/2014Jeffrey KantorChairmanSell7,889$57.22$451,408.58View SEC Filing  
3/3/2014Karen HoguetCFOSell53,064$56.92$3,020,402.88View SEC Filing  
3/3/2014Marna WhittingtonDirectorSell20,000$56.88$1,137,600.00View SEC Filing  
3/3/2014Robert HarrisonInsiderSell16,297$57.06$929,906.82View SEC Filing  
2/28/2014Martine ReardonCMOSell12,000$58.01$696,120.00View SEC Filing  
2/28/2014Sara LevinsonDirectorSell15,500$57.83$896,365.00View SEC Filing  
2/27/2014David Wm ClarkEVPSell55,953$57.43$3,213,380.79View SEC Filing  
12/30/2013Julie Greiner WeiserInsiderSell18,014$53.72$967,712.08View SEC Filing  
12/27/2013Craig WeatherupDirectorSell10,000$52.77$527,700.00View SEC Filing  
11/26/2013Jeffrey GennetteInsiderSell22,014$52.94$1,165,421.16View SEC Filing  
11/21/2013Karen HoguetCFOSell32,019$51.00$1,632,969.00View SEC Filing  
11/18/2013David Wm ClarkEVPSell19,216$50.66$973,482.56View SEC Filing  
11/18/2013Marna WhittingtonDirectorSell10,000$50.63$506,300.00View SEC Filing  
11/15/2013Dennis BroderickEVPSell22,500$50.76$1,142,100.00View SEC Filing  
11/15/2013Sara LevinsonDirectorSell30,000$50.78$1,523,400.00View SEC Filing  
11/15/2013Terry LundgrenCEOSell275,000$50.71$13,945,250.00View SEC Filing  
11/15/2013Tim AdamsInsiderSell10,000$50.79$507,900.00View SEC Filing  
7/12/2013Peter R SachseInsiderSell57,324$49.42$2,832,952.08View SEC Filing  
7/10/2013Dennis J BroderickEVPSell33,000$50.01$1,650,330.00View SEC Filing  
7/9/2013Julie Greiner WeiserInsiderSell49,019$50.53$2,476,930.07View SEC Filing  
7/8/2013Joel A BelskyEVPSell14,500$50.18$727,610.00View SEC Filing  
7/5/2013Jeffrey GennetteInsiderSell112,589$49.00$5,516,861.00View SEC Filing  
6/17/2013Julie Greiner WeiserInsiderSell33,000$49.19$1,623,270.00View SEC Filing  
6/7/2013Martine M ReardonCMOSell14,200$49.00$695,800.00View SEC Filing  
5/22/2013Amy HansonEVPSell24,750$49.38$1,222,155.00View SEC Filing  
5/20/2013Karen M HoguetCFOSell59,500$48.50$2,885,750.00View SEC Filing  
5/17/2013Tim M AdamsInsiderSell56,000$48.22$2,700,320.00View SEC Filing  
4/11/2013Jeffrey A KantorChairmanSell38,647$44.90$1,735,250.30View SEC Filing  
4/11/2013Tim M AdamsInsiderSell30,000$44.36$1,330,800.00View SEC Filing  
3/26/2013Robert B HarrisonInsiderSell51,725$41.53$2,148,139.25View SEC Filing  
3/14/2013David Wm ClarkEVPBuy7,125$42.19$300,603.75View SEC Filing  
11/15/2012Julie Greiner WeiserInsiderSell30,000$39.00$1,170,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Macy's (NYSE:M)
DateHeadline logoWhy I Still Believe In Macy's - Seeking Alpha (NYSE:M) - February 25 at 8:18 AM logoMacy's, Inc. Board Declares Quarterly Dividend - Yahoo Finance (NYSE:M) - February 25 at 8:18 AM logoMacy's, Inc.'s Real-Estate Cash Machine Takes Off -- The Motley Fool - Motley Fool (NYSE:M) - February 25 at 8:18 AM logoMacy : JCPenney closing stores, also offering 'voluntary early retirement' (NYSE:M) - February 25 at 12:39 AM
News IconMacys, Inc. Board Declares Quarterly Dividend (NYSE:M) - February 25 at 12:39 AM logoMacy's Inc. (M) (NYSE:M) - February 24 at 7:38 PM
News IconPhilly-area Macy's slated for closure are no longer taking returns (NYSE:M) - February 24 at 7:38 PM logoMacy’s, Inc. Board Declares Quarterly Dividend (NYSE:M) - February 24 at 7:38 PM logoJCPenney's store closures could push hundreds of dying shopping malls over the edge (NYSE:M) - February 24 at 7:38 PM logoMACY'S, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:M) - February 24 at 7:38 PM
News IconMacy's selling closed Eastfield Mall location in Springfield (NYSE:M) - February 24 at 9:40 AM logoMacy's Fails to Stop Its Sales Decline (NYSE:M) - February 24 at 9:40 AM logoCorrection: TJX-Expansion story (NYSE:M) - February 24 at 9:40 AM logo4 Nicely Profitable Retailers Now Pay Even Juicier Dividends (NYSE:M) - February 24 at 9:40 AM logoLoads of J.C. Penney Stores Are About to Close Because of the Crushing Impact of Online Shopping (NYSE:M) - February 24 at 9:40 AM logo[$$] J.C. Penney to Close More Than 100 Stores (NYSE:M) - February 24 at 9:40 AM
News IconMacy's, Inc.'s Real-Estate Cash Machine Takes Off - (NYSE:M) - February 23 at 11:26 PM logoMacy's, Inc.'s Real-Estate Cash Machine Takes Off (NYSE:M) - February 23 at 10:52 PM
News IconAnalysts Near-Term outlook: Macy's, Inc. (M), WPX Energy, Inc. (WPX) - The USA Commerce (NYSE:M) - February 23 at 6:25 PM
News IconJust the Facts on Macy's, Inc. (M) - StockNewsJournal (NYSE:M) - February 23 at 6:25 PM
News IconStar Fabrics Inc. accuses Macy's Inc., Private Brands LLC of copyright infringement - Northern California Record (NYSE:M) - February 23 at 6:25 PM
News IconForward Earnings Estimate of Macys Inc(M) - Highland Mirror (NYSE:M) - February 23 at 6:25 PM logoS&P's Downgrade Of Macy's Is Laughable - Macy's Inc. (NYSE:M ... - Seeking Alpha (NYSE:M) - February 23 at 6:25 PM
News IconThe Technical Facts on Macy's, Inc. (M) - The USA Commerce (NYSE:M) - February 23 at 6:47 AM
News IconMacy’s Cost-Cutting Helps Profit Beat Estimates (NYSE:M) - February 22 at 11:37 PM logoMacy's Initiatives Could Send Stock Higher (M) (NYSE:M) - February 22 at 11:37 PM logoMacy's expanding Backstage and other highlights from Lundgren's last investors call as CEO (NYSE:M) - February 22 at 11:36 PM logoS&P downgrades Macy's to one notch above junk status (NYSE:M) - February 22 at 11:36 PM logoBRIEF-S&P downgrades Macy's Inc credit rating to 'BBB-' - Reuters (NYSE:M) - February 22 at 6:33 PM logoMacy's, Inc. Reports Weak Q4 Earnings, but Dillard's Earnings Were Even Worse - Motley Fool (NYSE:M) - February 22 at 6:33 PM logoDillard’s, Macy’s Try to Reverse Declines (NYSE:M) - February 22 at 6:33 PM logoMacy's, Inc. Reports Weak Q4 Earnings, but Dillard's Earnings Were Even Worse (NYSE:M) - February 22 at 9:46 AM
News IconMacy's 4Q Sales Sharply Dropped - U.S. News & World Report (NYSE:M) - February 22 at 8:18 AM
News IconMacy's, Inc. (M), MoSys, Inc. (MOSY) Stock Eyes Ahead of Earnings - The USA Commerce (NYSE:M) - February 22 at 8:11 AM
News IconWhy to Keeping Eye on Macy's, Inc. (M), Cliffs Natural Resources Inc. (CLF)? - StockNewsJournal (NYSE:M) - February 22 at 8:11 AM logoMacy's Higher After Mixed Q4 Report - Benzinga (NYSE:M) - February 22 at 8:11 AM logoWe Love Macy's At $32 - Seeking Alpha (NYSE:M) - February 22 at 8:11 AM logoAnalysts size up Macy's - Macy's Inc. (NYSE:M) | Seeking Alpha - Seeking Alpha (NYSE:M) - February 22 at 8:11 AM logoEarnings Reaction History: Macy's Inc., 72.7% Follow-Through ... - Nasdaq (NYSE:M) - February 22 at 8:11 AM logoMacy's, Inc. Reports Fourth Quarter and FY2016 Results - Business Wire (press release) (NYSE:M) - February 22 at 8:11 AM logo3 Big Stock Charts for Tuesday: Macy's Inc (M), Home Depot Inc (HD) and Wal-Mart Stores Inc (WMT) - (NYSE:M) - February 22 at 8:11 AM logo[$$] Not All Big Box Stores Are Dead: Wal-Mart, Home Depot Buck Shopping Slump (NYSE:M) - February 22 at 8:11 AM logoWhy Walmart is soaring while Macy's flounders (NYSE:M) - February 21 at 9:24 PM logoMacy's (M) Beats on Q4 Earnings, Lags Sales; Gives FY17 View (NYSE:M) - February 21 at 6:30 PM logoWal-Mart, Macy's Rally After Fears About Holiday Season Subside (NYSE:M) - February 21 at 6:30 PM
News IconMacy's Profit Tops Views Despite Stumbling Sales (NYSE:M) - February 21 at 6:30 PM logoMacy's profit tops estimates, but sales decline to continue (NYSE:M) - February 21 at 6:30 PM logoMacy's (M) Q4 2016 Results - Earnings Call Transcript (NYSE:M) - February 21 at 6:30 PM logoMacy’s, Inc. Reports Fourth Quarter and FY2016 Results (NYSE:M) - February 21 at 6:30 PM logoMacy's Is Still Trying to Figure Out How to Win in a World Where Everyone Shops Online (NYSE:M) - February 21 at 6:30 PM


What is Macy's' stock symbol?

Macy's trades on the New York Stock Exchange (NYSE) under the ticker symbol "M."

How often does Macy's pay dividends? What is the dividend yield for Macy's?

Macy's declared a quarterly dividend on Friday, February 24th. Investors of record on Wednesday, March 15th will be given a dividend of $0.3775 per share on Monday, April 3rd. This represents a $1.51 dividend on an annualized basis and a dividend yield of 4.55%.

Where is Macy's' stock going? Where will Macy's' stock price be in 2017?

24 brokerages have issued twelve-month price targets for Macy's' shares. Their forecasts range from $30.00 to $72.00. On average, they expect Macy's' stock price to reach $39.49 in the next twelve months.

When will Macy's announce their earnings?

Macy's is scheduled to release their next quarterly earnings announcement on Tuesday, May, 9th 2017.

What are analysts saying about Macy's stock?

Here are some recent quotes from research analysts about Macy's stock:

  • According to Zacks Investment Research, "Macy’s, which has underperformed the industry in the past three months, witnessed dismal holiday season performance. The impact of challenging retail landscape, stiff competition from online retailers and waning store traffic was evident in the sales results that came below expectations and compelled management to trim fiscal 2016 earnings view. Comparable sales on an owned plus licensed basis decreased 2.1% during November and December period combined, while on an owned basis, comparable sales fell 2.7%. The company in a bid to calm investors’ jitters, announced slew of measures revolving around stores closures, cost containment, real estate strategy and investment in omnichannel capabilities. Management said that these measures will result in annual savings of about $550 million, beginning in 2017, and would allow the company to invest an additional $250 million in enhancing digital business and store-related growth initiatives." (2/20/2017)

  • Credit Suisse Group analysts commented, "Naveen Chopra, the Interim CEO of TiVo, presented today at the Jefferies 2016 Technology Conference in Miami." (5/12/2016)

Who owns Macy's stock?

Macy's' stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.68%), FMR LLC (2.51%), Prudential PLC (1.51%), Dimensional Fund Advisors LP (1.13%), Allianz Asset Management AG (0.86%) and AQR Capital Management LLC (0.69%). Company insiders that own Macy's stock include Craig Weatherup, Dennis J Broderick, Jeffrey A Kantor, Jeffrey Gennette, Joel A Belsky, Joyce M Roche, Karen M Hoguet, Marna C Whittington, Martine M Reardon, Molly Langenstein, Patti H Ongman, Peter R Sachse, Robert B Harrison, Terry J Lundgren, Timothy G Baxter and William S Allen.

Who sold Macy's stock? Who is selling Macy's stock?

Macy's' stock was sold by a variety of institutional investors in the last quarter, including O Shaughnessy Asset Management LLC, Public Sector Pension Investment Board, Franklin Resources Inc., Caxton Associates LP, I.G. Investment Management LTD., RidgeWorth Capital Management LLC, Federated Investors Inc. PA and Systematic Financial Management LP. Company insiders that have sold Macy's stock in the last year include Craig Weatherup, Dennis J Broderick, Jeffrey A Kantor, Joel A Belsky, Karen M Hoguet, Molly Langenstein, Terry J Lundgren and William S Allen.

Who bought Macy's stock? Who is buying Macy's stock?

Macy's' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Dimensional Fund Advisors LP, Asset Management One Co. Ltd., Lodge Hill Capital LLC, Janus Capital Management LLC, Russell Investments Group Ltd. and AQR Capital Management LLC.

How do I buy Macy's stock?

Shares of Macy's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Macy's stock cost?

One share of Macy's stock can currently be purchased for approximately $33.17.

Macy's (NYSE:M) Chart for Saturday, February, 25, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Macy`s (NYSE:M)

Earnings History Chart

Earnings by Quarter for Macy`s (NYSE:M)

Dividend History Chart

Dividend Payments by Quarter for Macy`s (NYSE:M)

Last Updated on 2/25/2017 by Staff