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

$15.41
-0.31 (-1.97 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$15.32
Now: $15.41
$15.9450
50-Day Range
$14.4268
MA: $16.90
$21.67
52-Week Range
$14.20
Now: $15.41
$38.35
Volume17.81 million shs
Average Volume13.98 million shs
Market Capitalization$4.76 billion
P/E Ratio3.69
Dividend Yield9.61%
Beta0.63
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. Read More…

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$7.1674 per share
Book Value$20.44 per share

Profitability

Net Income$1.11 billion

Miscellaneous

Employees130,000
Market Cap$4.76 billion
Next Earnings Date11/13/2019 (Estimated)
OptionableOptionable

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.


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 Friday, August 23rd. Shareholders of record on Friday, September 13th will be given a dividend of $0.377 per share on Tuesday, October 1st. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.79%. The ex-dividend date of this dividend is Thursday, September 12th. View Macy's' Dividend History.

How were Macy's' earnings last quarter?

Macy's Inc (NYSE:M) announced its quarterly earnings results on Wednesday, August, 14th. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.17. The company had revenue of $5.55 billion for the quarter, compared to analyst estimates of $5.55 billion. Macy's had a net margin of 4.11% and a return on equity of 18.74%. The business's quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.70 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, November 13th 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 Wednesday, August, 14th. The company provided earnings per share guidance of $2.85-3.05 for the period, compared to the Thomson Reuters consensus estimate of $3.07. The company issued revenue guidance of flat at $24.97 billion, compared to the consensus revenue estimate of $24.88 billion.

What price target have analysts set for M?

16 equities research analysts have issued twelve-month price targets for Macy's' stock. Their forecasts range from $5.25 to $39.00. On average, they expect Macy's' stock price to reach $22.2292 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price. View Analyst Price Targets for Macy's.

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last year. There are currently 3 sell ratings, 10 hold ratings and 3 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?

News coverage about M stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Macy's earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Macy's.

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 AT&T (T), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), General Electric (GE), Alibaba Group (BABA), Netflix (NFLX), Ford Motor (F), Bank of America (BAC) and Walt Disney (DIS).

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. Paula A. Price, CFO & Exec. VP (Age 58)
  • Ms. Elisa D. Garcia C., Chief Legal Officer, Exec. VP & Sec. (Age 61)
  • Ms. Danielle L. Kirgan, Chief HR Officer & Exec. VP (Age 43)

Who are Macy's' major shareholders?

Macy's' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.29%), BlackRock Inc. (9.92%), BlackRock Inc. (9.92%), Yacktman Asset Management LP (3.58%), American International Group Inc. (3.49%) and Bank of New York Mellon Corp (1.83%). 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, Joyce M Roche, Karen M Hoguet, Marna C Whittington, Paula A Price 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 AQR Capital Management LLC, APG Asset Management N.V., Janus Henderson Group PLC, Janus Henderson Group PLC, Skandinaviska Enskilda Banken AB publ, American International Group Inc., Bank of New York Mellon Corp and Vanguard Group Inc.. Company insiders that have sold Macy's company stock in the last year include Deirdre P Connelly, Felicia Williams, Harry A Lawton III, Joyce M Roche and Paula A Price. View Insider Buying and Selling for Macy's.

Which institutional investors are buying Macy's stock?

M stock was bought by a variety of institutional investors in the last quarter, including Yacktman Asset Management LP, Invesco Ltd., Nuveen Asset Management LLC, Prudential Financial Inc., BlackRock Inc., BlackRock Inc., Amundi Pioneer Asset Management Inc. and Teacher Retirement System of Texas. Company insiders that have bought Macy's stock in the last two years include Francis S Blake, Harry A Lawton III, Jeffrey Gennette, Joyce M Roche 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, Robinhood, Fidelity and Charles Schwab.

What is Macy's' stock price today?

One share of M stock can currently be purchased for approximately $15.41.

How big of a company is Macy's?

Macy's has a market capitalization of $4.76 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.View Additional Information About Macy's.

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:  820 (Vote Outperform)
Underperform Votes:  957 (Vote Underperform)
Total Votes:  1,777
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 9/22/2019 by MarketBeat.com Staff

Featured Article: Commodities

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