NYSE:M - Macy's Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $21.27 -0.58 (-2.65 %) (As of 05/24/2019 03:25 AM ET)Previous Close$21.85Today's Range$21.20 - $21.8652-Week Range$20.86 - $41.99Volume10.31 million shsAverage Volume10.32 million shsMarket Capitalization$6.54 billionP/E Ratio5.09Dividend Yield6.94%Beta0.41 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Macy's, Inc., an omnichannel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of April 1, 2019, it operated approximately 680 department stores under the Macy's and Bloomingdale's names; and 190 specialty stores, such as Bloomingdale's The Outlet, Bluemercury, Macy's Backstage, and STORY in 43 states, the District of Columbia, Guam, and Puerto Rico. It also operated macys.com, bloomingdales.com, and bluemercury.com. In addition, the company offers licenses for its stores; and operates a beauty products and spa retailer under the bluemercury name. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in Cincinnati, Ohio. Receive M News and Ratings via Email Sign-up to receive the latest news and ratings for M and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Department stores Sub-IndustryDepartment Stores SectorRetail/Wholesale Current SymbolNYSE:M Previous SymbolNYSE:FD CUSIP55616P10 CIK794367 Webhttp://www.macysinc.com/ Phone513-579-7000Debt Debt-to-Equity Ratio1.19 Current Ratio1.42 Quick Ratio0.32Price-To-Earnings Trailing P/E Ratio5.09 Forward P/E Ratio6.82 P/E Growth0.93 Sales & Book Value Annual Sales$24.97 billion Price / Sales0.26 Cash Flow$7.1376 per share Price / Cash Flow2.98 Book Value$20.57 per share Price / Book1.03Profitability EPS (Most Recent Fiscal Year)$4.18 Net Income$1.11 billion Net Margins4.43% Return on Equity20.66% Return on Assets6.31%Miscellaneous Employees130,000 Outstanding Shares307,470,000Market Cap$6.54 billion Next Earnings Date8/21/2019 (Estimated) OptionableOptionable Macy's (NYSE:M) Frequently Asked Questions 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 announced a quarterly dividend on Friday, May 17th. Shareholders of record on Friday, June 14th will be given a dividend of $0.3775 per share on Monday, July 1st. This represents a $1.51 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date is Thursday, June 13th. View Macy's' Dividend History. How were Macy's' earnings last quarter? Macy's Inc (NYSE:M) posted its quarterly earnings data on Wednesday, May, 15th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.33 by $0.11. The company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.52 billion. Macy's had a return on equity of 20.66% and a net margin of 4.43%. The firm's revenue was down .7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 EPS. View Macy's' Earnings History. When is Macy's' next earnings date? Macy's is scheduled to release their next quarterly earnings announcement on Wednesday, August 21st 2019. View Earnings Estimates for Macy's. What guidance has Macy's issued on next quarter's earnings? Macy's issued an update on its FY20 earnings guidance on Wednesday, May, 15th. The company provided EPS guidance of $3.05-3.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.08. The company issued revenue guidance of flat from $24.97 billion, compared to the consensus revenue estimate of $24.97 billion. What price target have analysts set for M? 19 brokers have issued 12 month price objectives for Macy's' shares. Their forecasts range from $5.25 to $39.00. On average, they expect Macy's' share price to reach $26.1167 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for Macy's. What is the consensus analysts' recommendation for Macy's? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last year. There are currently 3 sell ratings, 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Macy's. Has Macy's been receiving favorable news coverage? News stories about M stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Macy's earned a news sentiment score of 0.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. Are investors shorting Macy's? Macy's saw a decrease in short interest during the month of April. As of April 15th, there was short interest totalling 36,239,675 shares, a decrease of 10.2% from the March 29th total of 40,354,667 shares. Based on an average daily trading volume, of 8,231,985 shares, the days-to-cover ratio is presently 4.4 days. Currently, 11.8% of the company's shares are short sold. View Macy's' Current Options Chain. Who are some of Macy's' key competitors? Some companies that are related to Macy's include Burlington Stores (BURL), Kohl's (KSS), Harvey Norman (HVN), Marks and Spencer Group (MKS), Dillard's (DDS), Hudson's Bay (HBC), Briscoe Group (BGP), Myer (MYR), J C Penney (JCP), McColl's Retail Group (MCLS), Sears Hometown and Outlet Stores (SHOS), Aumake International (AU8), Debenhams (DEB), Laura Ashley (ALY) and Bon-Ton Stores (BONT). What other stocks do shareholders of Macy's own? Based on aggregate information from My MarketBeat watchlists, some companies that other Macy's investors own include General Electric (GE), AT&T (T), Intel (INTC), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Starbucks (SBUX) and Ford Motor (F). Who are Macy's' key executives? Macy's' management team includes the folowing people: Mr. Jeffrey Gennette, Chairman & CEO (Age 58)Mr. Harry A. Lawton III, Pres (Age 45)Ms. Paula A. Price, CFO & Exec. VP (Age 58)Ms. Elisa D. Garcia C., Chief Legal Officer, Exec. VP & Sec. (Age 61)Ms. Danielle L. Kirgan, Chief HR Officer & Exec. VP (Age 43) Who are Macy's' major shareholders? Macy's' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.78%), AQR Capital Management LLC (4.78%), American International Group Inc. (3.73%), Dimensional Fund Advisors LP (2.78%), Northern Trust Corp (1.57%) and Geode Capital Management LLC (1.56%). Company insiders that own Macy's stock include C Elisa D Garcia, Deirdre P Connelly, Felicia Williams, Francis S Blake, Harry A Lawton III, Jeffrey Gennette, John A Bryant, Joyce M Roche, Karen M Hoguet, Marna C Whittington and William H Lenehan. View Institutional Ownership Trends for Macy's. Which institutional investors are selling Macy's stock? M stock was sold by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ , AQR Capital Management LLC, Robeco Institutional Asset Management B.V., FMR LLC, JPMorgan Chase & Co., Morgan Stanley, Wellington Management Group LLP and American International Group Inc.. Company insiders that have sold Macy's company stock in the last year include C Elisa D Garcia, Deirdre P Connelly, Felicia Williams, Harry A Lawton III and Joyce M Roche. View Insider Buying and Selling for Macy's. Which institutional investors are buying Macy's stock? M stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, OppenheimerFunds Inc., SG Americas Securities LLC, Dimensional Fund Advisors LP, Bridgewater Associates LP, Natixis, BlueMountain Capital Management LLC and Alps Advisors Inc.. Company insiders that have bought Macy's stock in the last two years include Francis S Blake, Jeffrey Gennette, John A Bryant and William H Lenehan. View Insider Buying and Selling for Macy's. How do I buy shares of Macy's? Shares of M can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Macy's' stock price today? One share of M stock can currently be purchased for approximately $21.27. How big of a company is Macy's? Macy's has a market capitalization of $6.54 billion and generates $24.97 billion in revenue each year. The company earns $1.11 billion in net income (profit) each year or $4.18 on an earnings per share basis. Macy's employs 130,000 workers across the globe. What is Macy's' official website? The official website for Macy's is http://www.macysinc.com/. How can I contact Macy's? Macy's' mailing address is 7 West Seventh Street, Cincinnati OH, 45202. The company can be reached via phone at 513-579-7000. MarketBeat Community Rating for Macy's (NYSE M)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 789 (Vote Outperform)Underperform Votes: 933 (Vote Underperform)Total Votes: 1,722MarketBeat's community ratings are surveys of what our community members think about Macy's and other stocks. Vote "Outperform" if you believe M will outperform the S&P 500 over the long term. Vote "Underperform" if you believe M will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/24/2019 by MarketBeat.com StaffFeatured Article: Does the discount rate affect the economy? Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.