Macy's, Inc. (M)

Market Cap	4.51B
Revenue (ttm)	23.37B
Net Income (ttm)	172.00M
Shares Out	277.64M
EPS (ttm)	0.61
PE Ratio	26.42
Forward PE	7.26
Dividend	$0.70 (4.29%)
Ex-Dividend Date	Dec 13, 2024

Volume	5,740,118
Open	15.72
Previous Close	15.85
Day's Range	15.71 - 16.63
52-Week Range	14.06 - 22.10
Beta	2.13
Analysts	Hold
Price Target	18.56 (+14.29%)
Earnings Date	Dec 11, 2024

About M

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 Ju...

• Industry: Department Stores
• Sector: Consumer Discretionary
• Founded: 1830
• Employees: 85,581
• Stock Exchange: NYSE
• Ticker Symbol: M
• Website: https://www.macysinc.com

Financial Performance

In 2023, Macy's's revenue was $23.87 billion, a decrease of -6.22% compared to the previous year's $25.45 billion. Earnings were $105.00 million, a decrease of -91.08%.

Analyst Forecast

According to 10 analysts, the average rating for M stock is "Hold." The 12-month stock price forecast is $18.56, which is an increase of 14.29% from the latest price.

Price Target

$18.56

(14.29% upside)

Analyst Consensus: Hold