NYSE:M Macy's (M) Stock Price, News & Analysis $14.61 -0.26 (-1.75%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$14.50▼$14.9550-Day Range$14.61▼$19.6452-Week Range$10.54▼$22.10Volume4.87 million shsAverage Volume6.74 million shsMarket Capitalization$4.04 billionP/E Ratio487.00Dividend Yield4.72%Price Target$19.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Macy's alerts: Email Address Macy's MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside33.5% Upside$19.50 Price TargetShort InterestHealthy4.83% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.91Upright™ Environmental ScoreNews Sentiment0.67Based on 15 Articles This WeekInsider TradingSelling Shares$842,372 Sold Last QuarterProj. Earnings Growth-1.47%From $2.73 to $2.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.04 out of 5 starsRetail/Wholesale Sector66th out of 195 stocksDepartment Stores Industry2nd out of 4 stocks 3.1 Analyst's Opinion Consensus RatingMacy's has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageMacy's has only been the subject of 3 research reports in the past 90 days.Read more about Macy's' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.83% of the float of Macy's has been sold short.Short Interest Ratio / Days to CoverMacy's has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Macy's has recently increased by 9.88%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipMacy's is a leading dividend payer. It pays a dividend yield of 4.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMacy's does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Macy's is 2,300.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Macy's will have a dividend payout ratio of 25.65% next year. This indicates that Macy's will be able to sustain or increase its dividend.Read more about Macy's' dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMacy's has received a -44.03% net impact score from Upright. The largest negative impact of Macy's in category "GHG emissions" seems to be driven mostly by its "Physical retail of clothing at a department store", "Online retail of clothing", "Physical retail of personal hygiene products at a department store", "Physical retail of shoes at a department store", and "Online retail of personal hygiene products" products. See details.Environmental SustainabilityThe Environmental Impact score for Macy's is -3.91. Previous Next 3.2 News and Social Media Coverage News SentimentMacy's has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Macy's this week, compared to 6 articles on an average week.Search Interest56 people have searched for M on MarketBeat in the last 30 days. This is an increase of 19% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Macy's to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Macy's insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $842,372.00 in company stock.Percentage Held by InsidersOnly 2.77% of the stock of Macy's is held by insiders.Percentage Held by Institutions87.36% of the stock of Macy's is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Macy's' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Macy's are expected to decrease by -1.47% in the coming year, from $2.73 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Macy's is 487.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 124.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Macy's is 487.00, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.07.Price to Book Value per Share RatioMacy's has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Macy's' valuation and earnings. 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The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.Read More M Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart M Stock News HeadlinesSeptember 6 at 9:34 AM | insidertrades.comInsider Selling: Macy's, Inc. (NYSE:M) SVP Sells 1,201 Shares of StockSeptember 8 at 6:02 AM | americanbankingnews.comMacy's (NYSE:M) Coverage Initiated by Analysts at StockNews.comSeptember 8, 2024 | Weiss Ratings (Ad)Protect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.September 7 at 1:49 AM | americanbankingnews.comEquities Analysts Set Expectations for Macy's, Inc.'s Q3 2025 Earnings (NYSE:M)September 5 at 1:18 PM | seekingalpha.comMacy's, Inc. (M) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)September 3, 2024 | americanbankingnews.comMacy's, Inc. (NYSE:M) Short Interest Up 9.9% in AugustSeptember 3, 2024 | americanbankingnews.comAnalysts Set Macy's, Inc. (NYSE:M) Price Target at $19.50August 31, 2024 | americanbankingnews.comMacy's (NYSE:M) Now Covered by Analysts at StockNews.comSeptember 8, 2024 | Weiss Ratings (Ad)Protect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.August 23, 2024 | fool.comWhy Macy's Stock Plummeted by Nearly 10% This WeekAugust 23, 2024 | seekingalpha.comMacy's Q2 Results: Weak Sales And Credit Card Risks Spell TroubleAugust 22, 2024 | 247wallst.comMacy's Won't Ever RecoverAugust 21, 2024 | pymnts.comMacy's Optimistic About ‘First 50' Strategy Despite Overall Sales DropAugust 21, 2024 | fool.comWhy Macy's Stock Was Falling TodayAugust 21, 2024 | investorplace.comM Stock Earnings: Macy's Beats EPS, Misses Revenue for Q2 2024August 21, 2024 | seekingalpha.comMacy's, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 21, 2024 | nypost.comMacy's slashes sales outlook as iconic retailer struggles to lure cash-strapped shoppersAugust 21, 2024 | proactiveinvestors.comMacy's shares sink on slashed full-year sales forecastSee More Headlines Receive M Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Macy's and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Last Earnings8/21/2024Today9/08/2024Ex-Dividend for 10/1 Dividend9/13/2024Dividend Payable10/01/2024Next Earnings (Estimated)11/21/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorRetail/Wholesale Industry Department stores Sub-IndustryDepartment Stores Current SymbolNYSE:M Previous SymbolNYSE:FD CUSIP55616P10 CIK794367 Webwww.macysinc.com Phone(212) 494-1621Fax212-494-1838Employees85,581Year Founded1858Price Target and Rating Average Stock Price Target$19.50 High Stock Price Target$27.00 Low Stock Price Target$13.00 Potential Upside/Downside+33.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.03 Trailing P/E Ratio487.00 Forward P/E Ratio5.35 P/E GrowthN/ANet Income$105 million Net Margins0.80% Pretax Margin1.02% Return on Equity23.14% Return on Assets5.82% Debt Debt-to-Equity Ratio0.70 Current Ratio1.48 Quick Ratio0.34 Sales & Book Value Annual Sales$23.51 billion Price / Sales0.17 Cash Flow$6.44 per share Price / Cash Flow2.27 Book Value$15.57 per share Price / Book0.94Miscellaneous Outstanding Shares276,411,000Free Float268,754,000Market Cap$4.04 billion OptionableOptionable Beta2.11 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Antony Spring (Age 59)CEO & Chairman Comp: $1.81MMr. Adrian V. Mitchell (Age 50)Executive VP, COO & CFO Comp: $1.69MMs. Tracy M. Preston Esq. (Age 58)Chief Legal Officer & Corporate Secretary Comp: $900.11kMs. Danielle L. Kirgan (Age 48)Executive VP, Chief HR & Corporate Affairs Officer Comp: $1.38MMs. Laura Marie Miller (Age 59)Chief Information Officer Ms. Pamela Nagler QuintilianoHead of Investor RelationsMs. Sharon OttermanChief Marketing OfficerMs. Felicia Williams (Age 58)Chief Executive Officer of Action for Racial Equity Comp: $1.1MMr. Mike Dervos (Age 73)Senior VP & Regional Director of Chicago, Minneapolis & Detroit Ms. Shawn OutlerChief Diversity, Equity and Inclusion (DEI) OfficerMore ExecutivesKey CompetitorsDillard'sNYSE:DDSNordstromNYSE:JWNKohl'sNYSE:KSSBurlington StoresNYSE:BURLDollar TreeNASDAQ:DLTRView All CompetitorsInsiders & InstitutionsPaul GriscomSold 1,201 sharesTotal: $18,291.23 ($15.23/share)Dana Investment Advisors Inc.Sold 6,118 shares on 8/27/2024Ownership: 0.085%Clearbridge Investments LLCSold 40,803 shares on 8/27/2024Ownership: 0.032%Truist Financial CorpSold 1,296 shares on 8/21/2024Ownership: 0.010%B. Riley Wealth Advisors Inc.Sold 1,787 shares on 8/19/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions M Stock Analysis - Frequently Asked Questions How have M shares performed this year? Macy's' stock was trading at $20.12 at the beginning of 2024. Since then, M shares have decreased by 27.4% and is now trading at $14.61. View the best growth stocks for 2024 here. How were Macy's' earnings last quarter? Macy's, Inc. (NYSE:M) released its quarterly earnings data on Wednesday, August, 21st. The company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.23. The business's quarterly revenue was down 3.8% compared to the same quarter last year. What is Jeff Gennette's approval rating as Macy's' CEO? 2,528 employees have rated Macy's Chief Executive Officer Jeff Gennette on Glassdoor.com. Jeff Gennette has an approval rating of 62% among the company's employees. This puts Jeff Gennette in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Does Macy's have any subsidiaries? Macy's subsidiaries include STORY, Bluemercury, May Department Stores Company, Broadway Stores, Advertex Communications Inc., Bloomingdales.com LLC, Bloomingdale's LLC, and more. Who are Macy's' major shareholders? Top institutional investors of Macy's include Dimensional Fund Advisors LP (5.60%), Newport Trust Company LLC (2.67%), LSV Asset Management (1.94%) and American Century Companies Inc. (1.70%). Insiders that own company stock include Jeffrey Gennette, Danielle L Kirgan, Antony Spring, Adrian V Mitchell, C Elisa D Garcia and Paul Griscom. View institutional ownership trends. How do I buy shares of Macy's? Shares of M stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Macy's own? Based on aggregate information from My MarketBeat watchlists, some other companies that Macy's investors own include AT&T (T), General Electric (GE), Intel (INTC), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX) and Bank of America (BAC). This page (NYSE:M) was last updated on 9/8/2024 by MarketBeat.com Staff From Our PartnersLast Call for Crypto Summit (RSVP FREE)The Dow recently shed nearly 1,000 points in a single day… Big tech stocks are getting slaughtered… And ...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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