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

Sign in or create an account to add this stock to your watchlist.
$24.65 +0.32 (+1.32 %)
(As of 04/24/2019 04:59 AM ET)
Previous Close$24.33
Today's Range$24.10 - $24.7750
52-Week Range$22.73 - $41.99
Volume7.99 million shs
Average Volume9.60 million shs
Market Capitalization$7.58 billion
P/E Ratio5.90
Dividend Yield6.21%
Beta0.43
Macy's, Inc., an omnichannel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of April 1, 2019, it operated approximately 680 department stores under the Macy's and Bloomingdale's names; and 190 specialty stores, such as Bloomingdale's The Outlet, Bluemercury, Macy's Backstage, and STORY in 43 states, the District of Columbia, Guam, and Puerto Rico. It also operated macys.com, bloomingdales.com, and bluemercury.com. In addition, the company offers licenses for its stores; and operates a beauty products and spa retailer under the bluemercury name. 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.

Receive M News and Ratings via Email

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

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$7.1866 per share
Book Value$20.93 per share

Profitability

Net Income$1.11 billion

Miscellaneous

Employees130,000
Market Cap$7.58 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 announced a quarterly dividend on Monday, February 25th. Stockholders 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 dividend yield of 6.13%. 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) released its earnings results on Tuesday, February, 26th. The company reported $2.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.08. The company earned $8.46 billion during the quarter, compared to analyst estimates of $8.40 billion. Macy's had a return on equity of 21.32% and a net margin of 4.43%. Macy's's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.82 EPS. 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 issued an update on 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 equities research analysts have issued twelve-month price objectives for Macy's' stock. Their predictions 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 19.4% 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, 10 hold ratings and 6 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 positive on Wednesday, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Macy's earned a coverage optimism score of 1.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Are investors shorting Macy's?

Macy's saw a drop in short interest during the month of March. As of March 29th, there was short interest totalling 40,354,667 shares, a drop of 10.2% from the March 15th total of 44,916,831 shares. Based on an average daily trading volume, of 7,430,045 shares, the short-interest ratio is presently 5.4 days. Currently, 13.2% of the shares of the company are sold short. 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 General Electric (GE), Micron Technology (MU), AT&T (T), Intel (INTC), Netflix (NFLX), Alibaba Group (BABA), Bank of America (BAC), 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, Exec. VP & Sec. (Age 61)
  • Ms. Danielle L. Kirgan, Chief HR Officer & Exec. VP (Age 43)
  • Ms. Paula A. Price, CFO & Exec. VP (Age 58)

Who are Macy's' major shareholders?

Macy's' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.53%), TB Alternative Assets Ltd. (0.08%), Smith Graham & Co. Investment Advisors LP (0.08%), Highland Capital Management LLC (0.06%), Retirement Systems of Alabama (0.05%) and State of Alaska Department of Revenue (0.05%). 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, Joyce M Roche, Karen M Hoguet, Marna C Whittington and William H Lenehan. 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 Douglas Lane & Associates LLC, Washington Trust Bank, Gateway Investment Advisers LLC, DNB Asset Management AS, Virtu Financial LLC, Strs Ohio, Winslow Evans & Crocker Inc. and Nisa Investment Advisors LLC. Company insiders that have sold Macy's company stock in the last year include C Elisa D Garcia, Deirdre P Connelly, Felicia Williams, Harry A Lawton III and Joyce M Roche. View Insider Buying and Selling for Macy's.

Which major investors are buying Macy's stock?

M stock was bought by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd., QUANTRES ASSET MANAGEMENT Ltd, Smith Graham & Co. Investment Advisors LP, Pacer Advisors Inc., Manning & Napier Group LLC, Trilogy Capital Inc., State of Alaska Department of Revenue and Cumberland Advisors Inc.. 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 $24.65.

How big of a company is Macy's?

Macy's has a market capitalization of $7.58 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:  787 (Vote Outperform)
Underperform Votes:  922 (Vote Underperform)
Total Votes:  1,709
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 4/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel