50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
The 3-Stock Retirement Blueprint (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Labour conference starts with focus on 'immoral' tax cuts
The 3-Stock Retirement Blueprint (Ad)
Poverty and inflation: Egypt's economy hit by global turmoil
German leader continues Gulf tour with stops in UAE, Qatar
'A Gold Storm Is Coming' (Ad)
Fire breaks out at world's biggest produce market in Paris
Asian shares mostly decline echoing US slide on rate worries
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
The 3-Stock Retirement Blueprint (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Labour conference starts with focus on 'immoral' tax cuts
The 3-Stock Retirement Blueprint (Ad)
Poverty and inflation: Egypt's economy hit by global turmoil
German leader continues Gulf tour with stops in UAE, Qatar
'A Gold Storm Is Coming' (Ad)
Fire breaks out at world's biggest produce market in Paris
Asian shares mostly decline echoing US slide on rate worries
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
The 3-Stock Retirement Blueprint (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Labour conference starts with focus on 'immoral' tax cuts
The 3-Stock Retirement Blueprint (Ad)
Poverty and inflation: Egypt's economy hit by global turmoil
German leader continues Gulf tour with stops in UAE, Qatar
'A Gold Storm Is Coming' (Ad)
Fire breaks out at world's biggest produce market in Paris
Asian shares mostly decline echoing US slide on rate worries
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
The 3-Stock Retirement Blueprint (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Labour conference starts with focus on 'immoral' tax cuts
The 3-Stock Retirement Blueprint (Ad)
Poverty and inflation: Egypt's economy hit by global turmoil
German leader continues Gulf tour with stops in UAE, Qatar
'A Gold Storm Is Coming' (Ad)
Fire breaks out at world's biggest produce market in Paris
Asian shares mostly decline echoing US slide on rate worries
NYSE:M

Macy's - M Stock Forecast, Price & News

$15.72
-0.07 (-0.44%)
(As of 09/23/2022 08:56 PM ET)
Add
Compare
Today's Range
$15.32
$15.75
50-Day Range
$15.72
$21.11
52-Week Range
$15.32
$37.95
Volume
12.26 million shs
Average Volume
13.27 million shs
Market Capitalization
$4.26 billion
P/E Ratio
3.04
Dividend Yield
4.01%
Price Target
$27.08

Macy's MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
72.3% Upside
$27.08 Price Target
Short Interest
Bearish
8.64% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.69
Upright™ Environmental Score
News Sentiment
0.28mentions of Macy
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.74 M Sold Last Quarter
Proj. Earnings Growth
0.24%
From $4.13 to $4.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Retail/Wholesale Sector

30th out of 209 stocks

Department Stores Industry

1st out of 4 stocks

M stock logo

About Macy's (NYSE:M) Stock

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 January 29, 2022, it operated 725 department stores in the District of Columbia, Puerto Rico, and Guam under the Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. 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 New York, New York.

Receive M Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Macy's and its competitors with MarketBeat's FREE daily newsletter.

M Stock News Headlines

Why Macy's, Inc. (NYSE:M) Could Be Worth Watching
Macy's (NYSE:M) Is Due To Pay A Dividend Of $0.1575
Do Institutions Own Macy's, Inc. (NYSE:M) Shares?
Macy’s Honors Black History. Black Brilliance.
See More Headlines
Receive M Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Macy's and its competitors with MarketBeat's FREE daily newsletter.

M Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2022
Dividend Payable
7/01/2022
Last Earnings
8/23/2022
Ex-Dividend for 10/3 Dividend
9/14/2022
Today
9/25/2022
Dividend Payable
10/03/2022
Next Earnings (Estimated)
11/17/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Department stores
Sub-Industry
Department Stores
CUSIP
55616P10
Employees
88,857
Year Founded
1858

Price Target and Rating

Average Stock Price Forecast
$27.08
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+72.3%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$1.43 billion
Pretax Margin
8.11%

Debt

Sales & Book Value

Annual Sales
$24.46 billion
Cash Flow
$8.93 per share
Book Value
$13.03 per share

Miscellaneous

Free Float
269,419,000
Market Cap
$4.26 billion
Optionable
Optionable
Beta
1.68

Social Links


Key Executives

  • Mr. Jeffrey GennetteMr. Jeffrey Gennette (Age 61)
    Chairman & CEO
    Comp: $4.72M
  • Mr. Adrian V. MitchellMr. Adrian V. Mitchell (Age 48)
    Exec. VP & CFO
    Comp: $2.24M
  • Ms. Elisa D. Garcia C.Ms. Elisa D. Garcia C. (Age 64)
    Exec. VP, Chief Legal Officer & Sec.
    Comp: $1.64M
  • Ms. Danielle L. KirganMs. Danielle L. Kirgan (Age 46)
    Exec. VP, Chief Transformation & HR Officer
    Comp: $2.19M
  • Mr. Antony SpringMr. Antony Spring (Age 57)
    Exec. VP
    Comp: $3.38M
  • Mr. Paul GriscomMr. Paul Griscom (Age 41)
    Sr. VP & Controller
  • Ms. Laura Marie Miller (Age 57)
    Chief Information Officer
  • Mr. Michael P. McGuire
    Head of Investor Relations
  • Mr. William L. Hawthorne III (Age 66)
    Sr. VP of Diversity Strategies & Legal Affairs
  • Mr. Bradley R. Mays
    Sr. VP of Tax













M Stock - Frequently Asked Questions

Should I buy or sell Macy's stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" M shares. 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 M analyst ratings
or view top-rated stocks.

What is Macy's' stock price forecast for 2022?

12 equities research analysts have issued 12 month price targets for Macy's' stock. Their M share price forecasts range from $15.00 to $45.00. On average, they anticipate the company's stock price to reach $27.08 in the next year. This suggests a possible upside of 72.3% from the stock's current price.
View analysts price targets for M
or view top-rated stocks among Wall Street analysts.

How have M shares performed in 2022?

Macy's' stock was trading at $26.18 at the beginning of the year. Since then, M stock has decreased by 40.0% and is now trading at $15.72.
View the best growth stocks for 2022 here
.

When is Macy's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
View our M earnings forecast
.

How were Macy's' earnings last quarter?

Macy's, Inc. (NYSE:M) posted its earnings results on Tuesday, August, 23rd. The company reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.15. Macy's had a trailing twelve-month return on equity of 51.29% and a net margin of 6.16%. During the same quarter in the prior year, the firm posted $1.29 EPS.

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

Macy's announced a quarterly dividend on Friday, August 26th. Investors of record on Thursday, September 15th will be given a dividend of $0.1575 per share on Monday, October 3rd. This represents a $0.63 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend is Wednesday, September 14th. This is an increase from the stock's previous quarterly dividend of $0.16.
Read our dividend analysis for M
.

Is Macy's a good dividend stock?

Macy's (NYSE:M) pays an annual dividend of $0.63 per share and currently has a dividend yield of 4.01%. M has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, M will have a dividend payout ratio of 15.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for M.

How will Macy's' stock buyback program work?

Macy's declared that its Board of Directors has initiated a share buyback program on Tuesday, February 22nd 2022, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 28.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

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

Macy's issued an update on its FY 2022 earnings guidance on Tuesday, September, 20th. The company provided EPS guidance of $4.00-$4.20 for the period, compared to the consensus estimate of $4.51. The company issued revenue guidance of $24.34 billion-$24.58 billion, compared to the consensus revenue estimate of $24.36 billion.

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.

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 many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.57%), State Street Corp (3.63%), Newport Trust Co (2.92%), Allianz Asset Management GmbH (1.39%), Northern Trust Corp (1.15%) and Natixis (1.02%). Insiders that own company stock include Adrian V Mitchell, Antony Spring, C Elisa D Garcia, Danielle L Kirgan, Felicia Williams, Jeffrey Gennette, John T Harper, Paul C Varga 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 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 $15.72.

How much money does Macy's make?

Macy's (NYSE:M) has a market capitalization of $4.26 billion and generates $24.46 billion in revenue each year. The company earns $1.43 billion in net income (profit) each year or $5.17 on an earnings per share basis.

How many employees does Macy's have?

The company employs 88,857 workers across the globe.

Does Macy's have any subsidiaries?
The following companies are subsidiares of Macy's: (Hong Kong) Limited, Advertex Communications Inc., Bloomingdale's LLC, Bloomingdales.com LLC, Bloomingdale’s The Outlet Store LLC, Bluemercury, Bluemercury Inc., Broadway Stores, FDS Bank, FDS Thrift Holding Co. Inc., Limited, Macys.com LLC, Macy’s Backstage Inc., 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), Macy’s Merchandising Group Inc., Macy’s Merchandising Group International, 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.
Read More
How can I contact Macy's?

Macy's' mailing address is 151 WEST 34TH STREET, NEW YORK NY, 10001. The official website for the company is www.macysinc.com. The company can be reached via phone at (513) 579-7780, via email at investors@macys.com, or via fax at 212-494-1838.

This page (NYSE:M) was last updated on 9/26/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.