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.
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Industry, Sector and Symbol
Industry Department stores
Sub-IndustryDepartment Stores
SectorRetail/Wholesale
Phone513-579-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.97 billion
Profitability
Miscellaneous
Employees130,000
Next Earnings Date2/25/2020 (Confirmed)
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 declared a quarterly dividend on Friday, October 25th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.3775 per share on Thursday, January 2nd. This represents a $1.51 dividend on an annualized basis and a dividend yield of 8.80%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Macy's's previous quarterly dividend of $0.38. View Macy's' Dividend History.
How were Macy's' earnings last quarter?
Macy's Inc (NYSE:M) posted its earnings results on Thursday, November, 21st. The company reported $0.07 EPS for the quarter, beating the Zacks' consensus estimate of $0.01 by $0.06. The company had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $5.31 billion. Macy's had a return on equity of 17.44% and a net margin of 3.91%. Macy's's revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 EPS. View Macy's' Earnings History.
When is Macy's' next earnings date?
What guidance has Macy's issued on next quarter's earnings?
Macy's issued an update on its FY 2019
Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $$2.57-2.77 for the period, compared to the Thomson Reuters consensus estimate of $$2.79. The company issued revenue guidance of $$24.347-24.472 billion, compared to the consensus revenue estimate of $$24.85 billion.
What price target have analysts set for M?
14 brokerages have issued 12 month price objectives for Macy's' stock. Their forecasts range from $5.25 to $27.00. On average, they anticipate Macy's' share price to reach $15.94 in the next twelve months. This suggests that the stock has a possible downside of 7.1%. View Analyst Price Targets for Macy's.
What is the consensus analysts' recommendation for Macy's?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macy's in the last year. There are currently 5 sell ratings, 7 hold ratings and 2 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 trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Macy's earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Macy's.
Are investors shorting Macy's?
Macy's saw a decline in short interest in December. As of December 31st, there was short interest totalling 88,950,000 shares, a decline of 5.2% from the December 15th total of 93,800,000 shares. Based on an average daily trading volume, of 17,170,000 shares, the short-interest ratio is currently 5.2 days. Approximately 28.8% of the shares of the stock are sold short. View Macy's' Current Options Chain.
Who are some of Macy's' key competitors?
Some companies that are related to Macy's include Burlington Stores (BURL), Kohl's (KSS), Harvey Norman (HVN), Marks and Spencer Group (MKS), Hudson's Bay (HBC), Dillard's (DDS), Briscoe Group (BGP), Myer (MYR), J C Penney (JCP), Sears Hometown and Outlet Stores (SHOS), McColl's Retail Group (MCLS), Aumake International (AU8), Laura Ashley (ALY), FAMILYMART UNY/ADR (FYRTY) and HARVEY NORMAN H/ADR (HNORY).
What other stocks do shareholders of Macy's own?
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 retail and institutional investors. Top institutional investors include Exchange Traded Concepts LLC (0.44%), Commerzbank Aktiengesellschaft FI (0.21%), Smith Graham & Co. Investment Advisors LP (0.12%), Zurcher Kantonalbank Zurich Cantonalbank (0.08%), State of Alaska Department of Revenue (0.06%) and Wealthfront Advisers LLC (0.04%). 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 Assenagon Asset Management S.A., Groesbeck Investment Management Corp NJ, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Zeke Capital Advisors LLC, Balasa Dinverno & Foltz LLC, State of Alaska Department of Revenue, Rockland Trust Co. and Barnett & Company Inc.. Company insiders that have sold Macy's company stock in the last year include C Elisa D Garcia, Deirdre P Connelly, Felicia Williams, 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 Exchange Traded Concepts LLC, Commerzbank Aktiengesellschaft FI, Smith Graham & Co. Investment Advisors LP, Nisa Investment Advisors LLC, FNY Investment Advisers LLC, Wealthfront Advisers LLC, Exane Derivatives and Lake Street Financial LLC. 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 $17.15.
How big of a company is Macy's?
Macy's has a market capitalization of $5.30 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?
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)
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.
