Macy's, Inc. (M)

NYSE: M · IEX Real-Time Price · USD
20.43
-0.68 (-3.22%)
At close: Aug 17, 2022 4:00 PM
20.54
+0.11 (0.54%)
After-hours: Aug 17, 2022 5:33 PM EDT
-3.22%
Market Cap 5.51B
Revenue (ttm) 25.10B
Net Income (ttm) 1.61B
Shares Out 269.73M
EPS (ttm) 5.21
PE Ratio 3.92
Forward PE 4.20
Dividend $0.61 (3.01%)
Ex-Dividend Date Jun 14, 2022
Volume 13,010,292
Open 20.56
Previous Close 21.11
Day's Range 20.31 - 21.20
52-Week Range 15.85 - 37.95
Beta 1.74
Analysts Buy
Price Target 24.91 (+21.9%)
Earnings Date Aug 23, 2022

About M

Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, such as apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of January 29, 2022, it operated 725 department stores in the District of Columbia, Puerto Rico, and Guam under the Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and bluemercury brands. It also operates in Dubai, the United Arab Emira... [Read more...]

Industry Multiline Retail
Founded 1830
CEO Jeffrey Gennette
Employees 88,857
Stock Exchange NYSE
Ticker Symbol M
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for M stock is "Buy." The 12-month stock price forecast is 24.91, which is an increase of 21.93% from the latest price.

Price Target
$24.91
(21.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Earnings Preview: Macy's (M) Q2 Earnings Expected to Decline

Macy's (M) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Macy's, Inc. Appoints Emilie Arel to Board of Directors

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced the appointment of Emilie Arel, president and chief executive officer of Casper Sleep, to its board of directors, effective August 15, 2...

Macy's (M) Flat As Market Gains: What You Should Know

In the latest trading session, Macy's (M) closed at $19.96, marking no change from the previous day.

BLOOMINGDALE'S UNVEILS A CELEBRATION LIKE NO OTHER FOR ITS 150TH ANNIVERSARY

The iconic retailer will kick-off its biggest anniversary campaign during New York Fashion Week teaming with Harper's BAZAAR to host their annual ICONS fête and announces special celebrations across the...

Investors Heavily Search Macy's, Inc. (M): Here is What You Need to Know

Macy's (M) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Macy's, Inc. to Report Second Quarter 2022 Results on August 23, 2022

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. to Report Second Quarter 2022 Results on August 23, 2022

Toys R Us reopens in Macy's stores in 9 states, more ‘coming soon'

Current locations are in California, Georgia, New Jersey, Illinois, Nevada, Louisiana, New York, Maryland and Missouri.

7 Stocks to Avoid in a Recession

With recent indicators suggesting that the U.S. is in the middle of a downturn, interest regarding stocks to avoid in a recession has naturally picked up. Though contrarianism is an exciting concept, in...

Other symbols: LINDRUTHSIGTOLVRMZZG

SUMMER GIVING: MACY'S AND READING IS FUNDAMENTAL (RIF) RAISE OVER $1.52 MILLION IN JULY CAMPAIGN SUPPORTING CHILDREN'...

Funds raised will support providing book choice and access to our most at-risk children as RIF and Macy's partner together to close the literacy gap NEW YORK and WASHINGTON , Aug. 3, 2022 /PRNewswire/ -...

Own Your Style With Macy's Back-To-School Must-Haves for Students of All Ages

NEW YORK--(BUSINESS WIRE)--Back-to-school shopping is now in session, and Macy's (NYSE:M) is helping students of all ages kick off the new school year with a curated assortment of must-have items. From ...

Macy's Stock Up 7% Over Last Ten Days. What's Next?

Macy's stock (NYSE: M), a department store chain, increased by 7% in the last ten trading days (two weeks).

BLUEMERCURY ANNOUNCES DR. ELYSE LOVE AS DERMATOLOGIST ADVISOR

WASHINGTON , Aug. 1, 2022 /PRNewswire/ -- Bluemercury announced today the appointment of Dr. Elyse Love as the retailer's first Dermatologist Advisor. Dr. Love is a board-certified dermatologist who pra...

Why This Warning From Walmart Is Bad News for Macy's

Walmart said people are buying fewer clothes, so it slashed prices to encourage purchases.

Macy's (M) Flat As Market Gains: What You Should Know

In the latest trading session, Macy's (M) closed at $17.45, marking no change from the previous day.

Macy's and Akwaaba Inns Launch Limited Edition Home Designs for the Hotel Collection®

NEW YORK--(BUSINESS WIRE)-- #MissionEveryOne--Macy's launches Akwaaba Inns for Hotel Collection®, a limited-edition home and décor line curated by Monique Greenwood, founder & CEO of Akwaaba Inns.

Here is What to Know Beyond Why Macy's, Inc. (M) is a Trending Stock

Macy's (M) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Food Network Star Molly Yeh Launches First Girl Meets Farm™ Kitchenware Line Exclusively for Macy's

NEW YORK--(BUSINESS WIRE)--Food Network star Molly Yeh is launching Girl Meets Farm™ by Molly Yeh, her first-ever kitchenware collection exclusively at Macy's.

Other symbols: WBD

Voyager Metals Reports after Tax NPV Of US$1.6 Billion and IRR of 43% For Its Preliminary Economic Assessment at the ...

TORONTO, ON / ACCESSWIRE / July 25, 2022 / Annual average EBITDA of US$348MM and average annual free cash flow of US$235MM over 21 year life of mine ("LOM") Annual production targeted at approx. 5.0 mil...

Macy's New Toy Shops Could Be A Winning Play This Christmas

Selling toys on its website has given Macy's new online customers. Now, it is preparing to see if toys will draw additional shoppers to its stores.

Why Is Everyone Talking About Macy's Stock?

After years of trying to get smaller, Macy's is expanding.

Is Macy's Stock a Buy?

The pandemic was a blessing in disguise for Macy's.

Why Macy's Is Up 10% This Week

The iconic department store chain unveiled a couple of strategic updates, although neither overcomes its bigger challenges.

Why Accelerating Macy's Growth Off-Mall Is Important

The new stores will include Market by Macy's; one store will also introduce the concept of combining a Market by Macy's and Macy's Backstage off-price as well.

Macy's continues its move away from the mall with new small-store locations

Macy's Inc. continues to make moves away from the traditional mall, with plans for new locations this fall that will be smaller format and incorporate the retailer's off-price chain.

Macy's speeds up plans to open smaller stores outside of malls

Macy's plans are part of a bid to evolve with its customers' shopping preferences coming out of the Covid pandemic.