Macy's, Inc. (M)
| 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 |
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...
The "retail apocalypse" continues in 2021, but not all store closings are a sign of doom. Here are five key retail stocks to watch.
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...
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.
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 ...
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 top department store operator continues its exodus from small markets and struggling malls.
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.
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.
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 ...
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.
The closures are part of a plan announced last year, before the pandemic, to close 125 stores over the next three years.
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...
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.
Macy's has notified employees at roughly 45 of its stores that the locations will soon shut down.
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.
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...
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...
Macy's continues to confront stiff competition.
As stores continue to recover from the pandemic-led impacts, Macy's (M) initiatives to boost digital offerings bode well.
People abandoned shopping in stores this holiday season, a trend that accelerated as the season rushed toward Christmas.
People abandoned shopping in stores this holiday season, a trend that accelerated as the season rushed toward Christmas.
Investors need to pay close attention to Macy's (M) stock based on the movements in the options market lately.
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...
Macy's (M) reported earnings 30 days ago. What's next for the stock?
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.
Jefferies believes the company is a good play on an economy that should recover next year.
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.
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...
Macy's (M) has been making constant efforts to boost guests' shopping experiences. It has unveiled unique gift items for shoppers this holiday season.
A Relative Strength Rating upgrade for Macy's shows improving technical performance. Will it continue?
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 ...
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.
Retail stocks have been all over the map this year. 2020 has resulted in boom or bust and a lot in between.
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.
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.
After more than just a challenging 2020, many people are looking forward to 2021 being a better year.
Thanks to lockdowns and the novel coronavirus, e-commerce sales are through the roof in 2020. Buy these seven online retail stocks to benefit.
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.
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.
Suspending their dividends is helping Disney and Macy's conserve cash during the pandemic.
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...
DALLAS--(BUSINESS WIRE)--Macy's Tops $75,000 in Donations to DHA's Opportunity Rising Scholars
Macy's (M) CEO, Jeff Gennette Presents at Morgan Stanley's Global Consumer and Retail Conference - Company Call Transcript
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...
Macy's Inc (NYSE: M) is likely in more trouble than expected this holiday season.
The annual Thanksgiving Day Parade went on this year, very different…and strangely similar to prior years
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...
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...
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 |
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%.
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.