NYSE:M - Macy's Stock Price, News, & Analysis

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$23.86 +0.55 (+2.36 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$23.31
Today's Range$23.19 - $24.18
52-Week Range$22.73 - $41.99
Volume8.75 million shs
Average Volume10.23 million shs
Market Capitalization$7.34 billion
P/E Ratio5.71
Dividend Yield6.48%
Beta0.43
Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, such as apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of April 4, 2018, it operated approximately 690 department stores under the Macy's and Bloomingdale's brands; 160 specialty stores under the Bloomingdale's The Outlet, Bluemercury, and Macy's Backstage brands in the District of Columbia, Guam, and Puerto Rico; and Websites, including macys.com, bloomingdales.com, and bluemercury.com. The company also operates as a beauty products and spa retailer. 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.

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Industry, Sector and Symbol

Industry Department stores
Sub-IndustryDepartment Stores
SectorRetail/Wholesale
CUSIP55616P10
Phone513-579-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.97 billion
Cash Flow$7.4796 per share
Book Value$20.93 per share

Profitability

Net Income$1.11 billion

Miscellaneous

Employees130,000
Market Cap$7.34 billion
Next Earnings Date5/15/2019 (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 declared a quarterly dividend on Monday, February 25th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.3775 per share on Monday, April 1st. This represents a $1.51 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date is Thursday, March 14th. View Macy's' Dividend History.

How were Macy's' earnings last quarter?

Macy's Inc (NYSE:M) issued its quarterly earnings data on Tuesday, February, 26th. The company reported $2.73 EPS for the quarter, beating analysts' consensus estimates of $2.53 by $0.20. The firm earned $8.46 billion during the quarter, compared to analysts' expectations of $8.40 billion. Macy's had a return on equity of 21.32% and a net margin of 4.43%. Macy's's quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter last year, the business earned $2.82 earnings per share. 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, May 15th 2019. View Earnings Estimates for Macy's.

What guidance has Macy's issued on next quarter's earnings?

Macy's updated its FY20 earnings guidance on Tuesday, February, 26th. The company provided earnings per share guidance of $3.05-3.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.27. The company issued revenue guidance of flat from $24.97 billion, compared to the consensus revenue estimate of $24.93 billion.

What price target have analysts set for M?

20 Wall Street analysts have issued 12 month price targets for Macy's' shares. Their forecasts range from $5.25 to $43.00. On average, they anticipate Macy's' stock price to reach $29.4219 in the next twelve months. This suggests a possible upside of 23.3% from the stock's current price. View Analyst Price Targets for Macy's.

What is the consensus analysts' recommendation for Macy's?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last year. There are currently 4 sell ratings, 11 hold ratings and 5 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?

Press coverage about M stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Macy's earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

Are investors shorting Macy's?

Macy's saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 46,514,323 shares, an increase of 13.9% from the February 15th total of 40,824,864 shares. Based on an average daily volume of 13,398,896 shares, the short-interest ratio is presently 3.5 days. Currently, 15.2% of the company's shares are short sold. View Macy's' Current Options Chain.

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 Micron Technology (MU), General Electric (GE), Intel (INTC), AT&T (T), Bank of America (BAC), Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Starbucks (SBUX) and Twitter (TWTR).

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. Elisa D. Garcia C., Chief Legal Officer & Sec. (Age 61)
  • Ms. Danielle L. Kirgan, Chief HR Officer (Age 43)
  • Ms. Karen M. Hoguet, Strategic Advisor (Age 62)

Who are Macy's' major shareholders?

Macy's' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.74%), American International Group Inc. (3.91%), Dimensional Fund Advisors LP (2.26%), Oregon Public Employees Retirement Fund (2.17%), Bank of New York Mellon Corp (2.04%) and Geode Capital Management LLC (1.68%). Company insiders that own Macy's stock include C Elisa D Garcia, Deirdre P Connelly, Felicia Williams, Harry A Lawton III, Jeffrey Gennette, John A Bryant, Karen M Hoguet, Marna C Whittington, Molly Langenstein 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 American International Group Inc., FMR LLC, Contrarius Investment Management Ltd, Bank of New York Mellon Corp, Polaris Greystone Financial Group LLC, WBI Investments Inc., Mackay Shields LLC and Two Sigma Advisers LP. Company insiders that have sold Macy's company stock in the last year include C Elisa D Garcia, Felicia Williams and Harry A Lawton III. View Insider Buying and Selling for Macy's.

Which institutional investors are buying Macy's stock?

M stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., Northern Trust Corp, First Trust Advisors LP, Great West Life Assurance Co. Can, Geode Capital Management LLC and Canada Pension Plan Investment Board. Company insiders that have bought Macy's stock in the last two years include 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 $23.86.

How big of a company is Macy's?

Macy's has a market capitalization of $7.34 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 (star star)
Outperform Votes:  782 (Vote Outperform)
Underperform Votes:  915 (Vote Underperform)
Total Votes:  1,697
MarketBeat'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 3/25/2019 by MarketBeat.com Staff

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