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

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$24.27 -0.78 (-3.11 %)
(As of 04/25/2019 11:44 AM ET)
Previous Close$25.05
Today's Range$24.13 - $25.16
52-Week Range$22.73 - $41.99
Volume200,296 shs
Average Volume7.43 million shs
Market Capitalization$7.46 billion
P/E Ratio5.82
Dividend Yield6.13%
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.

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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$7.2018 per share
Book Value$20.93 per share

Profitability

Net Income$1.11 billion

Miscellaneous

Employees130,000
Market Cap$7.46 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 given a dividend of $0.3775 per share on Monday, April 1st. This represents a $1.51 annualized dividend and a dividend yield of 6.21%. 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 for the quarter, beating the Thomson Reuters' consensus estimate of $2.65 by $0.08. The business had revenue of $8.46 billion for the quarter, compared to analysts' expectations of $8.40 billion. Macy's had a return on equity of 21.32% and a net margin of 4.43%. The company's revenue was down 2.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.82 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, 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 EPS 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 1 year target prices for Macy's' shares. Their predictions range from $5.25 to $43.00. On average, they expect Macy's' stock price to reach $29.4219 in the next twelve months. This suggests a possible upside of 20.9% 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?

Media stories about M stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media 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 -5 to 5, with scores nearest to five being the most favorable. Macy's earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.

Are investors shorting Macy's?

Macy's saw a decline in short interest during the month of March. As of March 29th, there was short interest totalling 40,354,667 shares, a decline 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 days-to-cover ratio is currently 5.4 days. Approximately 13.2% of the company's stock 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 number of of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.53%), QV Investors Inc. (0.20%), TB Alternative Assets Ltd. (0.08%), Smith Graham & Co. Investment Advisors LP (0.08%), Highland Capital Management LLC (0.06%) and Retirement Systems of Alabama (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, Oppenheimer Asset Management Inc., DNB Asset Management AS, Exane Derivatives, Oppenheimer & Co. Inc. and Creative Planning. 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 $24.33.

How big of a company is Macy's?

Macy's has a market capitalization of $7.48 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:  923 (Vote Underperform)
Total Votes:  1,710
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 4/25/2019 by MarketBeat.com Staff

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