Macy's, Inc. (M)

Market Cap	4.93B
Revenue (ttm)	23.69B
Net Income (ttm)	13.00M
Shares Out	276.41M
EPS (ttm)	0.04
PE Ratio	445.50
Forward PE	6.64
Dividend	$0.69 (3.90%)
Ex-Dividend Date	Jun 14, 2024

Volume	4,665,717
Open	18.32
Previous Close	18.25
Day's Range	17.77 - 18.56
52-Week Range	10.54 - 22.10
Beta	2.19
Analysts	Hold
Price Target	17.70 (-0.67%)
Earnings Date	Aug 20, 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

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 $17.7, which is a decrease of -0.67% from the latest price.

Price Target

$17.7

(-0.67% downside)

Analyst Consensus: Hold