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Macy’s Inc (M)

NYSE
Currency in USD
16.72
0.00(0.00%)
Closed
Pre Market
14.90-1.82(-10.89%)
M Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
Unusual Pre-Market activity
Fair Value
Day's Range
16.4517.01
52 wk Range
14.0622.10
Key Statistics
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Prev. Close
16.72
Open
16.75
Day's Range
16.45-17.01
52 wk Range
14.06-22.1
Volume
8.3M
Average Vol. (3m)
5.1M
1-Year Change
-19.5%
Book Value / Share
15.57
Fair Value
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Fair Value Upside
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M Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
17.48
Upside
+4.55%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Macy’s Inc Company Profile

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. 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 New York, New York.

Employees
94570

Macy’s Inc Earnings Call Summary for Q3/2024

  • Macy's Q2 2024 adjusted EPS of $0.53 beat -$0.01 forecast; revenue met expectations at $4.74B
  • Stock dropped 9.27% pre-market despite earnings beat; company maintains full-year outlook
  • Gross margin improved 240 basis points to 40.5%; inventory up 6% year-over-year
  • 55 stores to close as part of efficiency strategy; focus on "Bold New Chapter" digital enhancements
  • CEO emphasizes customer-centric approach; CFO highlights ongoing transformation efforts
Last Updated: 12/11/2024, 07:06 AM
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Compare M to Peers and Sector

Metrics to compare
M
Peers
Sector
Relationship
P/E Ratio
25.2x−7.2x10.8x
PEG Ratio
−0.33−0.250.02
Price / Book
1.1x2.9x1.4x
Price / LTM Sales
0.2x0.9x1.0x
Upside (Analyst Target)
1.7%0.0%19.6%
Fair Value Upside
Unlock−6.5%6.6%Unlock

Analysts' Recommendations

4 Buy
9 Hold
1 Sell
Ratings:
11 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 17.48

(+4.56% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.667
Dividend Yield
4.16%
Industry Median 0.42%
Annualized Payout
0.6948
Paid quarterly
5-Years Growth
-14.79%
Growth Streak

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FAQ

What Is the Macy’s Inc (M) Stock Price Today?

The Macy’s Inc stock price today is 16.72

What Stock Exchange Does Macy’s Inc Trade On?

Macy’s Inc is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Macy’s Inc?

The stock symbol for Macy’s Inc is "M."

Does Macy’s Inc Pay Dividends? What’s The Current Dividend Yield?

The Macy’s Inc dividend yield is 4.16%.

What Is the Macy’s Inc Market Cap?

As of today, Macy’s Inc market cap is 4.65B.

What is Macy’s Inc Earnings Per Share?

The Macy’s Inc EPS is 0.667.

What Is the Next Macy’s Inc Earnings Date?

Macy’s Inc will release its next earnings report on Dec 11, 2024.

From a Technical Analysis Perspective, Is M a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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