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NYSE:M

Macy's Stock Forecast, Price & News

$6.20
+0.09 (+1.47 %)
(As of 10/29/2020 12:00 AM ET)
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Today's Range
$6.01
Now: $6.20
$6.28
50-Day Range
$5.67
MA: $6.43
$7.55
52-Week Range
$4.38
Now: $6.20
$18.57
Volume14.72 million shs
Average Volume29.21 million shs
Market Capitalization$1.92 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.55
Macy's, Inc., an omnichannel retail organization, operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and bluemercury brands. It sells a range of merchandise, including apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods. As of February 1, 2020, the company operated 775 store locations in 43 states, the District of Columbia, Puerto Rico, and Guam. 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 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
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Macy

Beat the Market (BTM) Rank

Analyst Opinion: 2.7Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.45 out of 5 stars

Industry, Sector and Symbol

Industry Department stores
Sub-IndustryDepartment Stores
CUSIP55616P10
Phone212-494-1602
Employees123,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.56 billion
Cash Flow$6.20 per share
Book Value$20.64 per share

Profitability

Net Income$564 million

Miscellaneous

Market Cap$1.92 billion
Next Earnings Date11/19/2020 (Confirmed)
OptionableOptionable
$6.20
+0.09 (+1.47 %)
(As of 10/29/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Macy's (NYSE:M) Frequently Asked Questions

How has Macy's' stock price been impacted by COVID-19?

Macy's' stock was trading at $9.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, M stock has decreased by 34.7% and is now trading at $6.20.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Macy's?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last year. There are currently 9 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Sell."
View analyst ratings for Macy's
.

When is Macy's' next earnings date?

Macy's is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020.
View our earnings forecast for Macy's
.

How can I listen to Macy's' earnings call?

Macy's will be holding an earnings conference call on Thursday, November 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Macy's' earnings last quarter?

Macy's, Inc. (NYSE:M) released its quarterly earnings data on Wednesday, September, 2nd. The company reported ($0.81) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($1.77) by $0.96. The firm had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.51 billion. Macy's had a negative return on equity of 4.56% and a negative net margin of 18.27%. The firm's quarterly revenue was down 35.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.28 earnings per share.
View Macy's' earnings history
.

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

Macy's declared a quarterly dividend on Friday, February 28th. Investors of record on Friday, March 13th will be given a dividend of $0.377 per share on Wednesday, April 1st. This represents a $1.51 annualized dividend and a yield of 24.32%. The ex-dividend date is Thursday, March 12th.
View Macy's' dividend history
.

What price target have analysts set for M?

14 analysts have issued 12 month price targets for Macy's' shares. Their forecasts range from $3.00 to $22.00. On average, they anticipate Macy's' stock price to reach $8.79 in the next twelve months. This suggests a possible upside of 41.8% from the stock's current price.
View analysts' price targets for Macy's
.

Who are some of Macy's' key competitors?

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 AT&T (T), General Electric (GE), Intel (INTC), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Bank of America (BAC), Ford Motor (F), The Walt Disney (DIS) and Tesla (TSLA).

Who are Macy's' key executives?

Macy's' management team includes the following people:
  • Mr. Jeffrey Gennette, Chairman & CEO (Age 59, Pay $2.32M)
  • Mr. John T. Harper, Exec. VP & COO (Age 60, Pay $1.51M)
  • Ms. Elisa D. Garcia C., Chief Legal Officer, Exec. VP & Sec. (Age 62, Pay $1.01M)
  • Ms. Danielle L. Kirgan, Exec. VP and Chief Transformation & HR Officer (Age 44, Pay $1.04M)
  • Ms. Paula A. Price, Advisor (Age 59, Pay $1.61M)

What is Macy's' stock symbol?

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

Who are Macy's' major shareholders?

Macy's' stock is owned by many different retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (1.05%), LSV Asset Management (1.01%), Smith Graham & Co. Investment Advisors LP (0.13%), State of New Jersey Common Pension Fund D (0.11%), State of Alaska Department of Revenue (0.09%) and QV Investors Inc. (0.09%). 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 T Harper, Joyce M Roche, Paula A Price 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 LSV Asset Management, Highland Capital Management LLC, Standard Life Aberdeen plc, QV Investors Inc., Brave Asset Management Inc., Smith Graham & Co. Investment Advisors LP, Rothschild Investment Corp IL, and Exane Derivatives. Company insiders that have sold Macy's company stock in the last year include Felicia Williams, and John T Harper.
View insider buying and selling activity for Macy's
.

Which institutional investors are buying Macy's stock?

M stock was bought by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, State of New Jersey Common Pension Fund D, Louisiana State Employees Retirement System, New Mexico Educational Retirement Board, New Mexico Educational Retirement Board, Campbell Capital Management Inc., Avantax Advisory Services Inc., and Cambridge Investment Research Advisors Inc.. Company insiders that have bought Macy's stock in the last two years include Francis S Blake, Harry A Lawton III, Jeffrey Gennette, Joyce M Roche, and William H Lenehan.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Macy's' stock price today?

One share of M stock can currently be purchased for approximately $6.20.

How big of a company is Macy's?

Macy's has a market capitalization of $1.92 billion and generates $24.56 billion in revenue each year. The company earns $564 million in net income (profit) each year or $2.91 on an earnings per share basis. Macy's employs 123,000 workers across the globe.

What is Macy's' official website?

The official website for Macy's is www.macysinc.com.

How can I contact Macy's?

Macy's' mailing address is 151 WEST 34TH STREET, NEW YORK NY, 10001. The company can be reached via phone at 212-494-1602 or via email at [email protected]

This page was last updated on 10/30/2020 by MarketBeat.com Staff

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