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 Date11/13/2019 (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 declared a quarterly dividend on Friday, August 23rd. Stockholders 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 annualized dividend and a dividend yield of 9.48%. 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) released its quarterly earnings data on Wednesday, August, 14th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.45 by $0.17. The firm earned $5.55 billion during the quarter, compared to analysts' expectations of $5.55 billion. Macy's had a net margin of 4.11% and a return on equity of 18.74%. Macy's's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.70 earnings per share. 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 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 EPS 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 brokerages have issued 1-year price targets for Macy's' stock. Their predictions range from $5.25 to $39.00. On average, they expect Macy's' stock price to reach $22.2292 in the next year. This suggests a possible upside of 39.8% 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?
Press coverage about M stock has been trending negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Macy's earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave media headlines 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 stock's share price in the immediate future. View News Stories for Macy's.
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 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 C Elisa D Garcia, 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 $15.90.
How big of a company is Macy's?
Macy's has a market capitalization of $4.91 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.
