S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
NYSE:M

Macy's Stock Forecast, Price & News

$27.07
+4.13 (+18.00%)
(As of 01/24/2022 04:00 PM ET)
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Today's Range
$23.81
$27.21
50-Day Range
$22.94
$37.37
52-Week Range
$12.93
$37.95
Volume
41.98 million shs
Average Volume
13.72 million shs
Market Capitalization
$8.10 billion
P/E Ratio
10.18
Dividend Yield
2.62%
Beta
2.01
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Macy

About Macy's

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in New York, NY.

Headlines

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Industry, Sector and Symbol

Industry
Department stores
Sub-Industry
Department Stores
CUSIP
55616P10
Employees
75,711
Year Founded
1858

Sales & Book Value

Annual Sales
$17.35 billion
Cash Flow
$1.00 per share
Book Value
$8.22 per share

Profitability

Net Income
$-3.94 billion
Pretax Margin
5.30%

Debt

Price-To-Earnings

Miscellaneous

Free Float
297,533,000
Market Cap
$8.10 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/18/2021
Ex-Dividend for 1/3 Dividend
12/14/2021
Dividend Payable
1/03/2022
Today
1/25/2022
Fiscal Year End
1/31/2022
Next Earnings (Estimated)
2/22/2022

Social Links


MarketRank

Overall MarketRank

3.13 out of 5 stars

Retail/Wholesale Sector

21st out of 280 stocks

Department Stores Industry

1st out of 6 stocks

Analyst Opinion: 4.0Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












Macy's (NYSE:M) Frequently Asked Questions

Is Macy's a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last twelve months. There are currently 4 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Macy's stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in M, but not buy additional shares or sell existing shares.
View analyst ratings for Macy's
or view top-rated stocks.

How has Macy's' stock been impacted by Coronavirus (COVID-19)?

Macy's' stock was trading at $9.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, M shares have increased by 185.2% and is now trading at $27.07.
View which stocks have been most impacted by COVID-19
.

When is Macy's' next earnings date?

Macy's is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Macy's
.

How were Macy's' earnings last quarter?

Macy's, Inc. (NYSE:M) posted its earnings results on Thursday, November, 18th. The company reported $1.23 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.92. The business had revenue of $5.44 billion for the quarter, compared to analyst estimates of $5.23 billion. Macy's had a net margin of 3.75% and a trailing twelve-month return on equity of 41.33%. The business's revenue was up 36.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.19) EPS.
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, October 22nd. Investors of record on Wednesday, December 15th will be given a dividend of $0.15 per share on Monday, January 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Tuesday, December 14th.
View Macy's' dividend history
.

Is Macy's a good dividend stock?

Macy's pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.62%. Macy's does not yet have a strong track record of dividend growth. The dividend payout ratio of Macy's is 22.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Macy's will have a dividend payout ratio of 14.71% next year. This indicates that Macy's will be able to sustain or increase its dividend.
View Macy's' dividend history.

How will Macy's' stock buyback program work?

Macy's declared that its board has authorized a share repurchase plan on Thursday, August 19th 2021, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 7.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its shares are undervalued.

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

Macy's updated its fourth quarter 2021 earnings guidance on Friday, December, 10th. The company provided EPS guidance of $1.670-$1.870 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.910. The company issued revenue guidance of -.

What price target have analysts set for M?

12 brokers have issued 12 month price targets for Macy's' shares. Their forecasts range from $23.00 to $50.00. On average, they expect Macy's' share price to reach $33.90 in the next year. This suggests a possible upside of 25.2% from the stock's current price.
View analysts' price targets for Macy's
or view top-rated stocks among Wall Street analysts.

Who are Macy's' key executives?

Macy's' management team includes the following people:

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

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

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), Walt Disney (DIS) and Tesla (TSLA).

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 a variety of institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.14%), Retirement Systems of Alabama (0.14%), QV Investors Inc. (0.06%), Wealthfront Advisers LLC (0.05%), Strs Ohio (0.03%) and Russell Investments Group Ltd. (0.03%). Company insiders that own Macy's stock include Adrian V Mitchell, C Elisa D Garcia, Danielle L Kirgan, Felicia Williams, Jeffrey Gennette, John T Harper, Paul C Varga and Paul Griscom.
View institutional ownership trends for Macy's
.

Which major investors are selling Macy's stock?

M stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cutler Group LP, Louisiana State Employees Retirement System, QV Investors Inc., New York State Teachers Retirement System, Strs Ohio, Wealthfront Advisers LLC, and Parallel Advisors LLC. Company insiders that have sold Macy's company stock in the last year include Adrian V Mitchell, C Elisa D Garcia, Danielle L Kirgan, Jeffrey Gennette, John T Harper, and Paul Griscom.
View insider buying and selling activity for Macy's
or view top insider-selling stocks.

Which major investors are buying Macy's stock?

M stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, New Mexico Educational Retirement Board, Russell Investments Group Ltd., Clear Street Markets LLC, Clear Harbor Asset Management LLC, Spire Wealth Management, National Bank of Canada FI, and Carolina Wealth Advisors LLC.
View insider buying and selling activity for Macy's
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Macy's' stock price today?

One share of M stock can currently be purchased for approximately $27.07.

How much money does Macy's make?

Macy's has a market capitalization of $8.10 billion and generates $17.35 billion in revenue each year. The company earns $-3.94 billion in net income (profit) each year or $2.66 on an earnings per share basis.

How many employees does Macy's have?

Macy's employs 75,711 workers across the globe.

Does Macy's have any subsidiaries?

The following companies are subsidiares of Macy's: Advertex Communications Inc., Bloomingdale's LLC, Bloomingdales.com LLC, Bloomingdale’s Merchandising LLC, Bloomingdale’s The Outlet Store LLC, Bluemercury, Bluemercury Inc., Broadway Stores, FDS Bank, FDS Thrift Holding Co. Inc., Macy's Backstage Inc., Macys.com LLC, Macy’s Corporate Services LLC, Macy’s Credit Operations Inc., Macy’s Credit and Customer Services Inc., Macy’s Inventory Funding LLC, Macy’s Inventory Holdings LLC, Macy’s Merchandising Corporation, Macy’s Merchandising Group (Hong Kong) Limited, Macy’s Merchandising Group Inc., Macy’s Merchandising Group International (Hong Kong) Limited, Macy’s Merchandising Group International LLC, Macy’s Merchandising Group Procurement LLC, Macy’s Propco Holdings LLC, Macy’s Puerto Rico Inc., Macy’s Retail Holdings LLC, Macy’s Systems and Technology Inc., May Department Stores Company, STORY, and West 34th Street Insurance Company New York.

When was Macy's founded?

Macy's was founded in 1858.

What is Macy's' official website?

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

Where are Macy's' headquarters?

Macy's is headquartered at 151 WEST 34TH STREET, NEW YORK NY, 10001.

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 (513) 579-7780, via email at [email protected], or via fax at 212-494-1838.


This page was last updated on 1/25/2022 by MarketBeat.com Staff

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