NYSE:M

Macy's Stock Forecast, Price & News

Lowest-Rated Stocks

$15.84

+1.56 (+10.92 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$14.22

Now: $15.84▼

$15.88

50-Day Range

$10.13

MA: $11.78▼

$14.28

52-Week Range

$4.38

Now: $15.84▼

$17.67

Volume36.96 million shs

Average Volume27.28 million shs

Market Capitalization$4.92 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.98

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.

MarketRank^™

Overall MarketRank^™

1.41 out of 5 stars

Retail/Wholesale Sector

115th out of 383 stocks

Department Stores Industry

2nd out of 20 stocks

1.8 Analyst's Opinion

Consensus Rating
Macy's has received a consensus rating of Hold. The company's average rating score is 1.64, and is based on 3 buy ratings, 3 hold ratings, and 8 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.65, Macy's has a forecasted downside of 45.4% from its current price of $15.84.
Amount of Analyst Coverage
Macy's has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Macy's has received 897 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Macy's has received 1,048 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Macy's has received 53.88% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Macy's does not currently pay a dividend.
Dividend Growth
Macy's does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Macy's insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.58% of the stock of Macy's is held by insiders.
Percentage Held by Institutions
81.95% of the stock of Macy's is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Macy's are expected to grow in the coming year, from ($2.90) to $0.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Macy's is -1.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Macy's is -1.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Macy's has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Department stores

Sub-IndustryDepartment Stores

SectorRetail/Wholesale

Current SymbolNYSE:M

Previous SymbolNYSE:FD

CUSIP55616P10

CIK794367

Webwww.macysinc.com

Phone212-494-1602

Employees123,000

Year FoundedN/A

Debt

Debt-to-Equity Ratio2.16

Current Ratio1.11

Quick Ratio0.33

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$24.56 billion

Price / Sales0.20

Cash Flow$7.33 per share

Price / Cash Flow2.16

Book Value$20.64 per share

Price / Book0.77

Profitability

EPS (Most Recent Fiscal Year)$2.91

Net Income$564 million

Net Margins-19.91%

Return on Equity-8.21%

Return on Assets-1.46%

Miscellaneous

Outstanding Shares310,478,000

Market Cap$4.92 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$15.84

+1.56 (+10.92 %)

(As of 01/26/2021 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 shares have increased by 66.9% and is now trading at $15.84.
View which stocks have been most impacted by COVID-19.

Is Macy's a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last twelve months. There are currently 8 sell ratings, 3 hold ratings and 3 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Macy's?

Wall Street analysts have given Macy's a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Macy's wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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.

When is Macy's' next earnings date?

Macy's is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Macy's.

How were Macy's' earnings last quarter?

Macy's, Inc. (NYSE:M) issued its quarterly earnings results on Wednesday, November, 18th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.81) by $0.62. The business had revenue of $3.99 billion for the quarter, compared to analyst estimates of $3.85 billion. Macy's had a negative trailing twelve-month return on equity of 8.21% and a negative net margin of 19.91%. During the same period last year, the company earned $0.07 EPS.
View Macy's' earnings history.

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

Macy's announced 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 dividend yield of 9.52%. The ex-dividend date of this dividend is Thursday, March 12th.
View Macy's' dividend history.

What price target have analysts set for M?

14 brokers have issued 1-year target prices for Macy's' shares. Their forecasts range from $3.00 to $22.00. On average, they anticipate Macy's' share price to reach $8.65 in the next twelve months. This suggests that the stock has a possible downside of 45.4%.
View analysts' price targets for Macy's or view Wall Street analyst' top-rated stocks.

Who are some of Macy's' key competitors?

Some companies that are related to Macy's include Burlington Stores (BURL), Kohl's (KSS), Marks and Spencer Group plc (MKS.L) (MKS), Dillard's (DDS), Old COPPER (JCPNQ), Sears (SHLDQ), McColl's Retail Group plc (MCLS.L) (MCLS), Laura Ashley (ALY), The Bon-Ton Stores (BONTQ), AuMake International Limited (AU8.AX) (AU8), Briscoe Group Limited (BGP.AX) (BGP), El Puerto de Liverpool (ELPQF), FamilyMart (FYRTY), Harvey Norman (HNORY) and Harvey Norman Holdings Limited (HVN.AX) (HVN).
View all of M's 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)
Mr. Adrian V. Mitchell, Chief Financial Officer
Mr. Paul Griscom, Sr. VP, Controller & Interim Principal Accounting Officer (Age 39)
Mr. Naveen Krishna, Chief Technology Officer
Mr. Michael P. McGuire, Head of Investor Relations
Mr. William L. Hawthorne III, Sr. VP of Diversity Strategies & Legal Affairs (Age 64)
Mr. Bradley R. Mays, Sr. VP of Tax

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 institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (1.06%), New York State Teachers Retirement System (0.15%), Smith Graham & Co. Investment Advisors LP (0.12%), Zweig DiMenna Associates LLC (0.08%), State of Alaska Department of Revenue (0.08%) and Strs Ohio (0.04%). 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 and Paula A Price.
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 Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Zweig DiMenna Associates LLC, Smith Graham & Co. Investment Advisors LP, Highland Capital Management LLC, Strs Ohio, New York State Teachers Retirement System, and Rothschild Investment Corp IL. 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 or view top insider-selling stocks.

Which major investors are buying Macy's stock?

M stock was purchased by a variety of institutional investors in the last quarter, including Cumberland Advisors Inc., Paradigm Capital Management Inc. NY, Douglas Lane & Associates LLC, XTX Markets LLC, Eidelman Virant Capital, First Midwest Bank Trust Division, Nisa Investment Advisors LLC, and Unison Advisors LLC. Company insiders that have bought Macy's stock in the last two years include Francis S Blake, Harry A Lawton III, Jeffrey Gennette, and Joyce M Roche.
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.

What is Macy's' stock price today?

One share of M stock can currently be purchased for approximately $15.84.

How big of a company is Macy's?

Macy's has a market capitalization of $4.92 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 1/26/2021 by MarketBeat.com Staff

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