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

Sign in or create an account to add this stock to your watchlist.
$21.27 -0.58 (-2.65 %)
(As of 05/24/2019 08:06 AM ET)
Previous Close$21.85
Today's Range$21.20 - $21.64
52-Week Range$20.86 - $41.99
Volume10.48 million shs
Average Volume10.32 million shs
Market Capitalization$6.54 billion
P/E Ratio5.09
Dividend Yield6.94%
Beta0.41
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$7.1376 per share
Book Value$20.57 per share

Profitability

Net Income$1.11 billion

Miscellaneous

Employees130,000
Market Cap$6.54 billion
Next Earnings Date8/21/2019 (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 Friday, May 17th. Investors of record on Friday, June 14th will be paid a dividend of $0.3775 per share on Monday, July 1st. This represents a $1.51 annualized dividend and a yield of 7.10%. The ex-dividend date is Thursday, June 13th. View Macy's' Dividend History.

How were Macy's' earnings last quarter?

Macy's Inc (NYSE:M) released its earnings results on Wednesday, May, 15th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.11. The company earned $5.50 billion during the quarter, compared to analysts' expectations of $5.52 billion. Macy's had a net margin of 4.43% and a return on equity of 20.66%. The firm's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.48 earnings per share. 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, August 21st 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, May, 15th. The company provided earnings per share (EPS) guidance of $3.05-3.25 for the period, compared to the Thomson Reuters consensus estimate of $3.08. The company issued revenue guidance of flat from $24.97 billion, compared to the consensus revenue estimate of $24.97 billion.

What price target have analysts set for M?

19 brokers have issued 1 year target prices for Macy's' shares. Their predictions range from $5.25 to $39.00. On average, they expect Macy's' stock price to reach $26.1167 in the next year. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for Macy's.

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

19 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 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?

Headlines about M stock have been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing 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 news sentiment score of 2.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

Are investors shorting Macy's?

Macy's saw a decline in short interest in April. As of April 15th, there was short interest totalling 36,239,675 shares, a decline of 10.2% from the March 29th total of 40,354,667 shares. Based on an average trading volume of 8,231,985 shares, the short-interest ratio is presently 4.4 days. Currently, 11.8% of the shares of the stock are short sold. 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), AT&T (T), Intel (INTC), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Starbucks (SBUX) and Ford Motor (F).

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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.78%), AQR Capital Management LLC (4.78%), American International Group Inc. (3.73%), Dimensional Fund Advisors LP (2.78%), Northern Trust Corp (1.57%) and Geode Capital Management LLC (1.56%). 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 A Bryant, Joyce M Roche, Karen M Hoguet, Marna C Whittington 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 Skandinaviska Enskilda Banken AB publ , AQR Capital Management LLC, Robeco Institutional Asset Management B.V., FMR LLC, JPMorgan Chase & Co., Morgan Stanley, Wellington Management Group LLP and American International Group Inc.. 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 institutional investors are buying Macy's stock?

M stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, OppenheimerFunds Inc., SG Americas Securities LLC, Dimensional Fund Advisors LP, Bridgewater Associates LP, Natixis, BlueMountain Capital Management LLC and Alps Advisors Inc.. Company insiders that have bought Macy's stock in the last two years include Francis S Blake, 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 $21.27.

How big of a company is Macy's?

Macy's has a market capitalization of $6.54 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:  789 (Vote Outperform)
Underperform Votes:  933 (Vote Underperform)
Total Votes:  1,722
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 5/24/2019 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