Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Macy's (M)
NYSE:M
Holding M?
Track your performance easily
M Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.59 - $22.10
Previous Close$15.32
Volume8.05M
Average Volume (3M)5.35M
Market Cap
$4.22B
Enterprise Value$6.57B
Total Cash (Recent Filing)$646.00M
Total Debt (Recent Filing)$3.00B
Price to Earnings (P/E)23.4
Beta1.48
Next Earnings
Nov 14, 2024EPS Estimate
>-$0.01Next Dividend Ex-Date
Dec 13, 2024Dividend Yield4.51%
Share Statistics
EPS (TTM)0.65
Shares Outstanding277,373,416
10 Day Avg. Volume4,517,376
30 Day Avg. Volume5,348,510
Standard Deviation0.18
R-Squared0.39
Alpha-0.00533
Financial Highlights & Ratios
Price to Book (P/B)1.04
Price to Sales (P/S)0.18
Price to Cash Flow (P/CF)132.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.28
Enterprise Value/Gross Profit0.68
Enterprise Value/Ebitda9.05
Forecast
1Y Price Target
$18.50Price Target Upside14.98% Upside
Rating ConsensusHold
Number of Analyst Covering9
Macy's News
Bulls Say, Bears Say
Bulls Say
Financial HealthThe company has a clean balance sheet with a low debt to EBITDA ratio, which positions it well for future growth.
Operational StrategyOperational discipline, merchandising changes leveraging technology investments, and a right-sized brick-and-mortar store base are supporting multi-year growth.
Store ExpansionThe expansion of 'First 50' Pilot stores is expected to grow to 50-100 incremental stores, driving positive same-store sales.
Bears Say
Financial PerformanceThe company's full year guidance has been lowered for the second half, indicating a lack of confidence in a near-term recovery.
Sales And RevenueSales results were significantly below plan, with comps at -4.0%, underperforming the consensus of -0.9%.
Strategy And LeadershipThere is healthy market skepticism on strategy execution given new leadership, maintaining Macy's as a 'show-me' story.
---
Ownership Overview
0.68% Insiders
22.75% Mutual Funds
― Other Institutional Investors
50.93% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Macy's
Desktop Users
Mobile Users
M FAQ
What was Macy's’s price range in the past 12 months?
Macy's lowest stock price was $10.59 and its highest was $22.10 in the past 12 months.
What is Macy's’s market cap?
Currently, no data Available
When is Macy's’s upcoming earnings report date?
Macy's’s upcoming earnings report date is Nov 14, 2024 which is in 4 days.
How were Macy's’s earnings last quarter?
Macy's released its earnings results on Aug 21, 2024. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.322 by $0.208.
Is Macy's overvalued?
According to Wall Street analysts Macy's’s price is currently Undervalued.
Does Macy's pay dividends?
Macy's pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 4.51%. See more information on Macy's dividends here
What is Macy's’s EPS estimate?
Macy's’s EPS estimate is >-$0.01.
How many shares outstanding does Macy's have?
Macy's has 277,373,400 shares outstanding.
What happened to Macy's’s price movement after its last earnings report?
Macy's reported an EPS of $0.53 in its last earnings report, beating expectations of $0.322. Following the earnings report the stock price went down -12.892%.
Which hedge fund is a major shareholder of Macy's?
Among the largest hedge funds holding Macy's’s share is Bandera Partners. It holds Macy's’s shares valued at 26M.
---
Macy's Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$18.50 (14.98% Upside)
$18.50 (14.98% Upside)
Blogger Sentiment
Bullish
M Sentiment 73%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 128.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $191.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.87%
12-Months-Change
Fundamentals
Return on Equity
4.32%
Trailing 12-Months
Asset Growth
-2.89%
Trailing 12-Months
Company Description
Macy's
Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in Cincinnati, OH.
---
M Company Deck
---
M Earnings Call
Q2 2024
0:00 / 0:00
---
M Stock 12 Month Forecast
Average Price Target
$18.50
▲(14.98% Upside)
Technical Analysis
Best Analysts Covering M
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
-11.76%
reiterated a sell rating 12 months ago
Copying Lorraine Hutchinson's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of -11.76% per trade.
---