Macy's, Inc. (M)
NYSE: M · IEX Real-Time Price · USD
18.36
-0.48 (-2.53%)
At close: Jun 14, 2024, 4:00 PM
18.42
+0.06 (0.33%)
After-hours: Jun 14, 2024, 7:56 PM EDT

Macy's Statistics

Total Valuation

Macy's has a market cap or net worth of $5.07 billion. The enterprise value is $10.23 billion.

Market Cap 5.07B
Enterprise Value 10.23B

Important Dates

The last earnings date was Tuesday, May 21, 2024, before market open.

Earnings Date May 21, 2024
Ex-Dividend Date Jun 14, 2024

Share Statistics

Macy's has 276.41 million shares outstanding. The number of shares has increased by 1.06% in one year.

Shares Outstanding 276.41M
Shares Change (YoY) +1.06%
Shares Change (QoQ) +0.07%
Owned by Insiders (%) 0.69%
Owned by Institutions (%) 83.15%
Float 274.11M

Valuation Ratios

The trailing PE ratio is 459.00 and the forward PE ratio is 6.84. Macy's's PEG ratio is 0.91.

PE Ratio 459.00
Forward PE 6.84
PS Ratio 0.21
Forward PS 0.22
PB Ratio 1.21
P/FCF Ratio 10.84
PEG Ratio 0.91
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.88, with an EV/FCF ratio of 21.86.

EV / Earnings 786.99
EV / Sales 0.43
EV / EBITDA 9.88
EV / EBIT 72.56
EV / FCF 21.86

Financial Position

The company has a current ratio of 1.38, with a Debt / Equity ratio of 1.44.

Current Ratio 1.38
Quick Ratio 0.25
Debt / Equity 1.44
Debt / EBITDA 5.82
Debt / FCF 12.89
Interest Coverage 1.09

Financial Efficiency

Return on equity (ROE) is 0.30% and return on invested capital (ROIC) is 1.38%.

Return on Equity (ROE) 0.30%
Return on Assets (ROA) 0.10%
Return on Capital (ROIC) 1.38%
Revenue Per Employee $276,849
Profits Per Employee $152
Employee Count 85,581
Asset Turnover 1.41
Inventory Turnover 3.03

Taxes

Income Tax -1.00M
Effective Tax Rate -8.33%

Stock Price Statistics

The stock price has increased by +15.69% in the last 52 weeks. The beta is 2.19, so Macy's's price volatility has been higher than the market average.

Beta (1Y) 2.19
52-Week Price Change +15.69%
50-Day Moving Average 19.17
200-Day Moving Average 16.88
Relative Strength Index (RSI) 42.42
Average Volume (30 Days) 5,481,588

Short Selling Information

The latest short interest is 14.47 million, so 5.24% of the outstanding shares have been sold short.

Short Interest 14.47M
Short Previous Month 14.67M
Short % of Shares Out 5.24%
Short % of Float 5.28%
Short Ratio (days to cover) 3.52

Income Statement

In the last 12 months, Macy's had revenue of $23.69 billion and earned $13.00 million in profits. Earnings per share was $0.04.

Revenue 23.69B
Gross Profit 9.59B
Operating Income 130.00M
Pretax Income 12.00M
Net Income 13.00M
EBITDA 1.04B
EBIT 141.00M
Earnings Per Share (EPS) $0.04
Full Income Statement

Balance Sheet

The company has $876.00 million in cash and $6.03 billion in debt, giving a net cash position of -$5.16 billion or -$18.65 per share.

Cash & Cash Equivalents 876.00M
Total Debt 6.03B
Net Cash -5.16B
Net Cash Per Share -$18.65
Equity / Book Value 4.19B
Book Value Per Share 15.14
Working Capital 1.71B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.33 billion and capital expenditures -$861.00 million, giving a free cash flow of $468.00 million.

Operating Cash Flow 1.33B
Capital Expenditures -861.00M
Free Cash Flow 468.00M
FCF Per Share $1.71
Full Cash Flow Statement

Margins

Gross margin is 40.49%, with operating and profit margins of 0.55% and 0.05%.

Gross Margin 40.49%
Operating Margin 0.55%
Pretax Margin 0.05%
Profit Margin 0.05%
EBITDA Margin 4.37%
EBIT Margin 0.60%
FCF Margin 1.98%

Dividends & Yields

This stock pays an annual dividend of $0.69, which amounts to a dividend yield of 3.78%.

Dividend Per Share $0.69
Dividend Yield 3.78%
Dividend Growth (YoY) 5.02%
Years of Dividend Growth 2
Payout Ratio 1,737.00%
Buyback Yield -1.06%
Shareholder Yield 2.72%
Earnings Yield 0.26%
FCF Yield 9.22%
Dividend Details

Analyst Forecast

The average price target for Macy's is $17.70, which is -3.59% lower than the current price. The consensus rating is "Hold".

Price Target $17.70
Price Target Difference -3.59%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 57.32%
Stock Forecasts

Stock Splits

The last stock split was on June 12, 2006. It was a forward split with a ratio of 2:1.

Last Split Date Jun 12, 2006
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 6