NYSE:M Macy's (M) Stock Price, News & Analysis $15.34 +0.22 (+1.46%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Macy's Stock (NYSE:M) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$15.22▼$15.5950-Day Range$14.29▼$19.5652-Week Range$10.54▼$22.10Volume5.34 million shsAverage Volume6.65 million shsMarket Capitalization$4.24 billionP/E Ratio511.33Dividend Yield4.50%Price Target$19.50Consensus RatingHold Company OverviewMacy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. 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… “I’ll Give You the Knowledge and Confidence You Need to Make Your First Options Trade in Five Days or Less… Guaranteed!” (Ad)Starting Monday, September 23 — a veteran 25-year Chicago Options Exchange market-maker will show you his UOA options secret that could help you consistently target gains of 126%… 245%… even 463% or more… Often in 30 days or less… No matter what the market is doing right now.Go here for the full details now. Macy's Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 84th PercentileMacy's scored higher than 84% of companies evaluated by MarketBeat, and ranked 66th out of 205 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.1 / 5Analyst RatingHold 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. Earnings and Valuation0.6 / 5Proj. Earnings Growth-2.57% Earnings GrowthEarnings for Macy's are expected to decrease by -2.57% in the coming year, from $2.72 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Macy's is 511.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Macy's is 511.33, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.00.Price to Book Value per Share RatioMacy's has a P/B Ratio of 0.99. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.76% 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 2.5, 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 19.71%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipMacy's is a leading dividend payer. It pays a dividend yield of 4.73%, 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 26.04% next year. This indicates that Macy's will be able to sustain or increase its dividend.Read more about Macy's' dividend. Sustainability and ESG1.1 / 5Environmental Score-3.91 Percentage of Shares Shorted5.76% 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 2.5, 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 19.71%, indicating that investor sentiment is decreasing significantly. News and Social Media3.4 / 5News Sentiment1.09 News SentimentMacy's has a news sentiment score of 1.09. 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 0.53 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Macy's this week, compared to 5 articles on an average week.Search Interest62 people have searched for M on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Macy's to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares 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. M Stock News HeadlinesInsider Selling: Macy's, Inc. (NYSE:M) SVP Sells 1,201 Shares of StockSeptember 6, 2024 | insidertrades.comMacy's to hire more than 31,500 employees for holiday seasonSeptember 19 at 7:31 PM | reuters.comImminent FDA Decision Could End Obesity in America...This drug could end obesity in America... ...and spark a 224,000% sales surge for one tiny micro-cap stock. Channelnomics says it "Could have a greater impact on the world than artificial intelligence."September 19, 2024 | Behind the Markets (Ad)Macy's, Inc. Gears Up to Hire for More Than 31,500 Seasonal Positions to Deliver Joyful Holiday Shopping ExperiencesSeptember 19 at 4:15 PM | businesswire.comMacy's (NYSE:M) Coverage Initiated at StockNews.comSeptember 15, 2024 | americanbankingnews.comMacy’s, Inc. (M): A Department Store and Discount Retailer Stock to Add to Your PortfolioSeptember 9, 2024 | msn.comMacy's, Inc. (M) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)September 5, 2024 | seekingalpha.comWhy Macy's Stock Plummeted by Nearly 10% This WeekAugust 23, 2024 | fool.comSee More Headlines M Stock Analysis - Frequently Asked Questions How have M shares performed this year? Macy's' stock was trading at $20.12 on January 1st, 2024. Since then, M stock has decreased by 23.8% and is now trading at $15.34. View the best growth stocks for 2024 here. How were Macy's' earnings last quarter? Macy's, Inc. (NYSE:M) issued its earnings results on Wednesday, August, 21st. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.23. The business's quarterly revenue was down 3.8% on a year-over-year basis. 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 others. Who are Macy's' major shareholders? Macy's' top institutional shareholders 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). Company Calendar Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Last Earnings8/21/2024Ex-Dividend for 10/1 Dividend9/13/2024Today9/19/2024Dividend 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+26.8%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.03 Trailing P/E Ratio512.67 Forward P/E Ratio5.65 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 / Sales0.18 Cash Flow$7.22 per share Price / Cash Flow2.13 Book Value$15.51 per share Price / Book0.99Miscellaneous Outstanding Shares276,411,000Free Float268,754,000Market Cap$4.25 billion OptionableOptionable Beta2.11 Social Links This page (NYSE:M) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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