Macy's, Inc. (M)
Market Cap | 3.24B |
Revenue (ttm) | 23.01B |
Net Income (ttm) | 582.00M |
Shares Out | 278.57M |
EPS (ttm) | 2.07 |
PE Ratio | 5.63 |
Forward PE | 5.83 |
Dividend | $0.73 (6.26%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 406,760 |
Open | 11.67 |
Previous Close | 11.84 |
Day's Range | 11.59 - 11.71 |
52-Week Range | 9.76 - 20.70 |
Beta | 1.79 |
Analysts | Hold |
Price Target | 14.50 (+24.84%) |
Earnings Date | May 20, 2025 |
About M
Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. It 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. The company 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... [Read more]
Financial Performance
In 2024, Macy's's revenue was $23.01 billion, a decrease of -3.60% compared to the previous year's $23.87 billion. Earnings were $582.00 million, an increase of 1193.33%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for M stock is "Hold." The 12-month stock price forecast is $14.5, which is an increase of 24.84% from the latest price.
News

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DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the first quarter (‘Q1'') of 2025. 2025 FIRST QUARTER | FINANCIAL HIGHLIGHTS Income Statement (US$M) Q...

Southern Energy Corp. Announces Fourth Quarter and Year End 2024 Financial and Operating Results
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Barclays Flags Macy's, Kohl's Risks During Consumer Weakness; Highlights Gildan, Levi's For Strength
Barclays analyst Paul Kearney on Monday initiated coverage on the shares of Gildan Activewear Inc GIL and announced a price forecast of $51.

Macy's: An Undervalued Hidden Asset Play
I give Macy's stock a buy rating. The company has strong cash flow and high-quality earnings. Macy's shares have an intrinsic value of $18.15, meaning the stock is currently undervalued by $7.02, almo...

The 2025 Macy's Flower Show ® Will Bloom This May, Only at Macy's
NEW YORK--(BUSINESS WIRE)--The 2025 Macy's Flower Show®, starring YSL BEAUTY, returns to Macy's iconic New York City Herald Square flagship, inviting guests to experience Surrealist Gardens and mesmer...

Macy's clawing back executives' bonuses linked to accounting scandal caused by rogue worker
Macy's overpaid an undisclosed number of executives by $609,613 and wants the money back now.

Macy's executives will have to pay back over $600,000 after an accounting scandal inflated their bonuses
Some Macy's executives have to pay back bonuses as a result of an accounting scandal. Macy's overstated one of its earnings metrics in 2023, leading to the inflated bonuses.

Macy's Names New CFO, Makes Other Leadership Changes Amid Turnaround Effort
Macy's (M) is working on its long-term growth, and that starts with some changes at the top.

Macy's Hires Dual Finance-Operations Chief From Capri
Macy's hired Thomas Edwards to be its next CFO and COO, roles he has held at Versace owner Capri Holdings for eight years.

Michael Kors owner Capri's CFO Edwards to join Macy's as finance head
Capri Holdings's finance chief Thomas Edwards will leave the company to join department store chain Macy's as its chief financial officer.

Macy's, Inc. Announces Evolution of Leadership Team
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Announces Evolution of Leadership Team.

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Macy's is closing 66 stores. Here's where they're located
Macy's named 66 stores in early January that it planned to close this year and, according to reports, a slew of closures went into effect over this past weekend.

Macy's Introduces Arch Studio: Effortless, Fresh Home Essentials
NEW YORK--(BUSINESS WIRE)--Macy's announces the launch of Arch Studio, a new private brand for accessible home essentials, making it easy for customers to outfit their entire home. Arch Studio offers ...

Camino Announces Filing of Pre-Feasibility Study Technical Report and Provides Update on Previously Announced Acquisition of the Puquios Copper Project
VANCOUVER, BC / ACCESS Newswire / March 17, 2025 / Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) (" Camino " or the " Company ") is pleased to provide an update on its previously announced 1 ...

Zedge Announces Second Quarter Fiscal 2025 Results
Zedge Marketplace active subscribers and subscription revenue increased 22% and 13%, respectively Zedge Marketplace ARPMAU1 increased 9% Zedge Premium GTV1 increased 27% Free cash flow2 of $0.6 millio...

Good American Launches at Macy's, Expanding the Retailer's Denim Offerings
NEW YORK--(BUSINESS WIRE)--Good American, global brand co-founded by Khloé Kardashian and Emma Grede, and known for its innovative and inclusive approach to denim, launches at Macy's in 36 doors for t...

Macy's: Attractive Even With Mixed Guidance
Macy's shares have underperformed, losing 30% over the past year, but modernization efforts show promise, particularly in the first 50 updated stores. Despite declining revenue, Macy's beat earnings e...
Macy's sounds yet another alarm on consumer spending
Economic uncertainty is affecting even its most affluent customers. Transcript: Kelsey Barberio: Add Macy's to the growing list of retailers with a not-so-optimistic outlook in 2025.

Macy's Expects Sales to Drop Again This Year
Macy's said it expect sales to decline again this year as even affluent customers of the department store chain wait to see how swirling tariffs and inflationary pressures affect the economy.

Macy's closed 64 stores last year as the retailer's gains from real estate sales more than doubled
Macy's announced in its fourth-quarter and fiscal-year 2024 earnings report on Thursday that it expects another year of declining sales as the department store chain continues reshaping its footprint ...

Macy's Focuses on Customer Experience and Long-Term Growth
In a retail world where growth is harder to come by, Macy's is prioritizing stability over expansion, adjusting to the realities of a more competitive and unpredictable market. Macy's fourth-quarter r...

Macy's, Inc. (M) Q4 2024 Earnings Call Transcript
Macy's, Inc. (NYSE:M) Q4 2024 Earnings Conference Call March 6, 2025 8:00 AM ET Company Participants Pamela Quintiliano - Vice President, Investor Relations Tony Spring - Chairman & Chief Executive O...

Macy's stock falls as it cuts guidance in the face of ‘external uncertainties'
The retailer said it's taking a “prudent” approach to its outlook as it warns of a profit shortfall.