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NYSE:M

Macy's (M) Stock Price, News & Analysis

$16.57
+0.11 (+0.67%)
(As of 07/26/2024 ET)
Today's Range
$16.47
$16.68
50-Day Range
$16.38
$20.38
52-Week Range
$10.54
$22.10
Volume
4.79 million shs
Average Volume
6.72 million shs
Market Capitalization
$4.58 billion
P/E Ratio
552.17
Dividend Yield
4.17%
Price Target
$18.10

Macy's MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.3% Upside
$18.10 Price Target
Short Interest
Healthy
4.41% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.91
Upright™ Environmental Score
News Sentiment
0.96mentions of Macy
Based on 5 Articles This Week
Insider Trading
Selling Shares
$824,081 Sold Last Quarter
Proj. Earnings Growth
0.36%
From $2.79 to $2.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.28 out of 5 stars

Retail/Wholesale Sector

107th out of 201 stocks

Department Stores Industry

4th out of 4 stocks

M stock logo

About Macy's Stock (NYSE:M)

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. 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 New York, New York.

M Stock Price History

M Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Macy's: Absence Of Catalyst Is A Cause For Concern
Evercore ISI Lowers Macy's (NYSE:M) Price Target to $17.00
Macy's: Broken Market
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Why Macy's Is Crashing Today
See More Headlines
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Company Calendar

Last Earnings
5/21/2024
Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Today
7/26/2024
Next Earnings (Estimated)
8/27/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Department stores
Sub-Industry
Department Stores
CUSIP
55616P10
Employees
85,581
Year Founded
1858

Price Target and Rating

Average Stock Price Target
$18.10
High Stock Price Target
$27.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+9.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

Net Income
$105 million
Pretax Margin
0.05%

Debt

Sales & Book Value

Annual Sales
$23.09 billion
Cash Flow
$6.90 per share
Book Value
$15.10 per share

Miscellaneous

Free Float
268,754,000
Market Cap
$4.58 billion
Optionable
Optionable
Beta
2.18

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Key Executives


M Stock Analysis - Frequently Asked Questions

How have M shares performed this year?

Macy's' stock was trading at $20.12 at the beginning of the year. Since then, M stock has decreased by 17.7% and is now trading at $16.5650.
View the best growth stocks for 2024 here
.

How were Macy's' earnings last quarter?

Macy's, Inc. (NYSE:M) issued its earnings results on Tuesday, May, 21st. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.12. The business's quarterly revenue was down 2.7% compared to the same quarter last year.

What is Jeff Gennette's approval rating as Macy's' CEO?

2,528 employees have rated Macy's Chief Executive Officer Jeff Gennette on Glassdoor.com. Jeff Gennette has an approval rating of 62% among the company's employees. This puts Jeff Gennette in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does Macy's have any subsidiaries?

Macy's subsidiaries include STORY, Bluemercury, May Department Stores Company, Broadway Stores, Advertex Communications Inc., Bloomingdales.com LLC, Bloomingdale's LLC, and others.

Who are Macy's' major shareholders?

Macy's' top institutional shareholders include Bank of New York Mellon Corp (1.15%), Douglas Lane & Associates LLC (0.70%), Retirement Systems of Alabama (0.18%) and Allspring Global Investments Holdings LLC (0.08%). Insiders that own company stock include Jeffrey Gennette, Danielle L Kirgan, Antony Spring, Adrian V Mitchell, C Elisa D Garcia and Paul Griscom.
View institutional ownership trends
.

How do I buy shares of Macy's?

Shares of M stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Macy's own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Macy's investors own include AT&T (T), General Electric (GE), Intel (INTC), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX) and Bank of America (BAC).

This page (NYSE:M) was last updated on 7/26/2024 by MarketBeat.com Staff

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