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Macy's, Inc. (M)

Stock Price: $13.01 USD -0.85 (-6.13%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
After-hours: $12.97 -0.04 (-0.31%) Jan 15, 7:59 PM
Market Cap 4.04B
Revenue (ttm) 18.90B
Net Income (ttm) -3.76B
Shares Out 310.25M
EPS (ttm) -12.12
PE Ratio n/a
Forward PE 17.36
Dividend $1.51
Dividend Yield 11.61%
Trading Day January 15
Last Price $13.01
Previous Close $13.86
Change ($) -0.85
Change (%) -6.13%
Day's Open 13.74
Day's Range 12.94 - 13.84
Day's Volume 23,205,420
52-Week Range 4.43 - 16.76

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InvestorPlace - 3 days ago

As the turbulence in society and the economy escalates, here are the retail stocks that could benefit – and the ones that might not fare so well. The post 10 Retail Stocks to Buy (and Sell) in...

Other stocks mentioned: AMZN, BBY, COST, DKS, GPS, HD, JWN, SPWH, WMT
InvestorPlace - 4 days ago

The "retail apocalypse" continues in 2021, but not all store closings are a sign of doom. Here are five key retail stocks to watch.

Other stocks mentioned: BBBY, GME, GPS, LB
The Motley Fool - 1 week ago

Macy's plans to close many of its lower-productivity stores over the next two years. However, one department store chain is perfectly happy to operate low-volume stores in small and midsize ma...

Forbes - 1 week ago

Wednesday's closure list released by Macy's did not come as a total surprise. A look at four of those locations shows a variety of store designs and a host of supposed opportunities.

Investors Business Daily - 1 week ago

Retail stocks should see a 20% bounce-back in operating profits in 2021, following a 15% decline in 2020, according to analysts at Moody's. The post These Retail Stocks Will See Earnings Soar ...

Other stocks mentioned: JWN, KSS, ROST, TJX
Forbes - 1 week ago

Just like JC Penney, Sears and other retailers that have been stuck in the mediocre middle for years, Macy's does not fundamentally have a “too many stores” problem.

The Motley Fool - 1 week ago

The top department store operator continues its exodus from small markets and struggling malls.

24/7 Wall Street - 1 week ago

News that Macy's Inc. (NYSE: M) would be shuttering some stores as part of its broader plan to “right-size” the company sent shares higher on Wednesday.

CNBC - 1 week ago

The closures are part of a previously announced plan by Macy's to shut 125 locations by 2023. Last year, it closed about 30 stores.

PYMNTS - 1 week ago

As part of a three-year roadmap to close stores, Macy's reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store retailer intends to close 125 ...

Zacks Investment Research - 1 week ago

Macy's (M) adheres to restructuring its store-base amid sluggish traffic trends. The strategy is likely to help the company reduce dependency on physical stores and focus on digital advancement.

Market Watch - 1 week ago

The closures are part of a plan announced last year, before the pandemic, to close 125 stores over the next three years.

Business Insider - 1 week ago

Macy's told employees at 45 locations that their stores would close in 2021, CNBC first reported. The closures are part of the plan the retailer announced back in February 2020 to close 125 st...

Reuters - 1 week ago

Department store operator Macy's Inc said on Tuesday it would close about 45 stores this year as part of its three-year plan to lower store count in order to focus on its more productive outlets.

Fox Business - 1 week ago

Macy's has notified employees at roughly 45 of its stores that the locations will soon shut down.

CNBC - 1 week ago

Macy's has notified the employees at about 45 of its department stores that they will close by the middle of this year, CNBC has learned.

Business Wire - 1 week ago

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced that Nata Dvir has been named chief merchandising officer of the Macy's brand, effective February 1, 2021. She currently serves...

InvestorPlace - 2 weeks ago

Not everyone follows the guidance of analysts' upgraded stocks but they do serve a purpose in providing a reflection of general market sentiment. The post 9 Stocks the Experts Are Upgrading ap...

Other stocks mentioned: EXR, MAN, MSFT, RCII, TMUS, VSTO, WELL, WMT
The Motley Fool - 2 weeks ago

Macy's continues to confront stiff competition.

Zacks Investment Research - 2 weeks ago

As stores continue to recover from the pandemic-led impacts, Macy's (M) initiatives to boost digital offerings bode well.

24/7 Wall Street - 3 weeks ago

People abandoned shopping in stores this holiday season, a trend that accelerated as the season rushed toward Christmas.

24/7 Wall Street - 3 weeks ago

People abandoned shopping in stores this holiday season, a trend that accelerated as the season rushed toward Christmas.

Zacks Investment Research - 3 weeks ago

Investors need to pay close attention to Macy's (M) stock based on the movements in the options market lately.

Zacks Investment Research - 3 weeks ago

The experts in the investing world are brokers. Therefore, broker-favorite stocks like Macy's (M), ABM Industries (ABM), Bed Bath & Beyond (BBBY), Bunge (BG) and The Children's Place (PLCE) de...

Other stocks mentioned: ABM, BBBY, BG, PLCE
Zacks Investment Research - 4 weeks ago

Macy's (M) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 4 weeks ago

The department store chain has lost a lot of market share to competitors like TJX over the past five years. But the next five don't have to be equally bad.

The Motley Fool - 4 weeks ago

Jefferies believes the company is a good play on an economy that should recover next year.

CNBC Television - 4 weeks ago

Friday's biggest analyst calls of the day

The "Halftime Report" traders and CNBC's Rahel Solomon take you through the biggest analyst calls of the day.

Other stocks mentioned: KSS, MRNA, PENN, PHM, TMUS
GuruFocus - 1 month ago

It's the holiday season in the U.S., with Christmas, New Year's and several other seasonal holidays either in progress or just around the corner. This type of year always brings with it a dram...

Other stocks mentioned: JWN, MIK
Zacks Investment Research - 1 month ago

Macy's (M) has been making constant efforts to boost guests' shopping experiences. It has unveiled unique gift items for shoppers this holiday season.

Investors Business Daily - 1 month ago

A Relative Strength Rating upgrade for Macy's shows improving technical performance. Will it continue?

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--‘Tis the season for thoughtful giving. For those who haven't decided on the perfect gift just yet, Macy's (NYSE:M) has it covered with unique items across all price ...

CNBC - 1 month ago

All retailers could use a strong holiday season to ring in 2021. But for some companies it is especially true, with the holidays being a make-or-break time.

Other stocks mentioned: BBBY, GPS, KSS, LB
InvestorPlace - 1 month ago

Retail stocks have been all over the map this year. 2020 has resulted in boom or bust and a lot in between.

Other stocks mentioned: GPS, KR, OSTK, VLGEA, VRM, W
The Motley Fool - 1 month ago

The COVID-19 pandemic has upended the U.S. department store sector in 2020, but it won't cause long-term damage to Macy's balance sheet.

GuruFocus - 1 month ago

Yacktman Asset Management (Trades, Portfolio) has revealed a reduction in its Macy's Inc. (NYSE:M) holding according to GuruFocus' Real-Time Picks, a Premium feature.

24/7 Wall Street - 1 month ago

After more than just a challenging 2020, many people are looking forward to 2021 being a better year.

Other stocks mentioned: ANF, GPS, JWN, KSS, NKE, SPG
InvestorPlace - 1 month ago

Thanks to lockdowns and the novel coronavirus, e-commerce sales are through the roof in 2020. Buy these seven online retail stocks to benefit.

Other stocks mentioned: AMZN, HD, JWN, TGT, WSM, XLY
24/7 Wall Street - 1 month ago

The successes and failures of America's largest public companies have been marked in many cases by the effects of the COVID-19 pandemic as much as anything else this year.

Other stocks mentioned: F, IBM, INTC, T
Zacks Investment Research - 1 month ago

Macy's (M) is on track to boost online shopping capabilities to meet consumer's increased digital shopping preferences. However, store sales are yet to pick up pace.

The Motley Fool - 1 month ago

Suspending their dividends is helping Disney and Macy's conserve cash during the pandemic.

Other stocks mentioned: DIS
Seeking Alpha - 1 month ago

COVID-19 was an unexpected shock to Macy's business and increased the possibility of a future solvency issue. Timing is everything, and if you don't have perfect timing, it can pay dividends t...

Business Wire - 1 month ago

DALLAS--(BUSINESS WIRE)--Macy's Tops $75,000 in Donations to DHA's Opportunity Rising Scholars

Seeking Alpha - 1 month ago

Macy's (M) CEO, Jeff Gennette Presents at Morgan Stanley's Global Consumer and Retail Conference - Company Call Transcript

Other stocks mentioned: MS
Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--This year, Macy's (NYSE:M) beloved Believe letter-writing campaign extends National Believe Day to National Believe Week, providing customers the opportunity to doub...

24/7 Wall Street - 1 month ago

Macy's Inc (NYSE: M) is likely in more trouble than expected this holiday season.

Forbes - 1 month ago

The annual Thanksgiving Day Parade went on this year, very different…and strangely similar to prior years

Forbes - 1 month ago

Macy's stock has become vulnerable due to its high operating costs, mall-based locations, and nonessential product assortment. Consequently, the company's stock has lost 39% of its value so fa...

Investors Business Daily - 1 month ago

Macy's stock is building a base, after the iconic department store chain's Q3 results beat expectations and while news of more coronavirus vaccines lifts markets. The post Is Macy's Stock A Bu...

The Motley Fool - 1 month ago

A string of positive developments is lifting the retailer well beyond its peers.

About M

Macy's, an omnichannel retail organization, operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and bluemercury brands. It sells a range of merchandise, including apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods. As of February 1, 2020, the company operated 775 store locations in 43 states, the District of Columbia, Puerto Rico, and Guam. It also operates in Dubai, the United Arab Emirates and Al Zahra, Kuwait under the license agreements. The company was fo... [Read more...]

Industry
Department Stores
Founded
1830
CEO
Jeffrey Gennette
Employees
123,000
Stock Exchange
NYSE
Ticker Symbol
M
Full Company Profile

Financial Performance

In 2019, Macy's's revenue was $24.56 billion, a decrease of -1.65% compared to the previous year's $24.97 billion. Earnings were $564.00 million, a decrease of -49.10%.

Financial Statements

Analyst Forecasts

According to 18 analysts, the average rating for Macy's stock is "Sell." The 12-month stock price forecast is 8.42, which is a decrease of -35.28% from the latest price.

Price Target
$8.42
(-35.28% downside)
Analyst Consensus: Sell