M - Macy's, Inc.

NYSE - NYSE Delayed Price. Currency in USD
38.73
+0.46 (+1.20%)
At close: 4:00PM EDT

38.68 -0.05 (-0.13%)
After hours: 7:05PM EDT

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Previous Close38.27
Open38.02
Bid38.54 x 1100
Ask38.69 x 4000
Day's Range37.92 - 38.97
52 Week Range17.41 - 41.33
Volume6,370,690
Avg. Volume10,217,493
Market Cap11.866B
Beta0.54
PE Ratio (TTM)7.42
EPS (TTM)5.22
Earnings DateAug 8, 2018 - Aug 13, 2018
Forward Dividend & Yield1.51 (3.95%)
Ex-Dividend Date2018-06-14
1y Target Est33.58
Trade prices are not sourced from all markets
  • Moody's6 hours ago

    Aventura Mall Trust 2018-AVM -- Moody's Assigns Provisional Ratings to Six CMBS Classes of Aventura Mall Trust 2018-AVM

    The certificates are collateralized by a single loan secured by the borrower's fee simple interest in 1.2 million SF of the 2.2 million SF super-regional mall known as the Aventura Mall ("the Property") located in Aventura, FL, approximately 17 miles north of Miami. The loan is a ten-year, fixed-rate, interest-only, first lien mortgage loan with an original and outstanding principal balance of $1,750,000,000. The ratings are based on the collateral and the structure of the transaction.

  • Moody's10 hours ago

    GS Mortgage Securities Trust 2015-GC32 -- Moody's Affirms Seven Classes of GSMS 2015-GC32

    The rating on the IO class, Cl. X-A, was affirmed based on the credit quality of its referenced classes. Moody's rating action reflects a base expected loss of 4.0% of the current balance, compared to 4.3% at Moody's last review.

  • Macy’s Stock: Do Analysts Foresee Further Upside?
    Market Realist11 hours ago

    Macy’s Stock: Do Analysts Foresee Further Upside?

    Macy’s (M) stock currently has a “hold” rating from the majority of the analysts covering the department store chain. As of June 15, Macy’s stock was rated a “hold” by 65%, or 11 out of 17 analysts. The stock is rated a “buy” by four analysts, while two analysts have a “sell” recommendation.

  • What’s Macy’s Current Valuation?
    Market Realist11 hours ago

    What’s Macy’s Current Valuation?

    Macy’s (M) 12-month forward PE (price-to-earnings) multiple as of June 15 was 10.3x. The company’s valuation multiple has risen by over 12% since the company announced its fiscal first-quarter results in May. Macy’s first-quarter results exceeded analysts’ expectations. Investors were also pleased with the upgrade in the company’s sales and earnings outlook for fiscal 2018.

  • What Analysts Expect from Macy’s Earnings
    Market Realist11 hours ago

    What Analysts Expect from Macy’s Earnings

    Macy’s (M) has exceeded analysts’ earnings expectations for four consecutive years. Macy’s adjusted EPS was way ahead of the consensus analyst estimate of $0.37. The rise in the company’s fiscal first quarter gross margin was driven by a higher merchandise margin, partially offset by costs associated with increased digital sales and the free shipping related to the company’s loyalty programs.

  • How Macy’s Intends to Drive Sales Growth
    Market Realist11 hours ago

    How Macy’s Intends to Drive Sales Growth

    Macy’s (M) reported net sales growth of 3.6% in the first quarter of fiscal 2018, which ended on May 5. Macy’s same-store sales growth was 3.9% in the fiscal first quarter, an improvement compared to the 1.4% growth in the fourth quarter of fiscal 2017 and a decline of 5.2% in the first quarter of fiscal 2017. Macy’s initiatives under its North Star strategy have helped it drive sales growth.

  • Can Macy’s Stock Sustain Its Strong Momentum?
    Market Realist11 hours ago

    Can Macy’s Stock Sustain Its Strong Momentum?

    Macy’s (M) has delivered total returns of 54.9% on a YTD (year-to-date) basis as of June 15. The company’s YTD return is higher than its department store peers as well as the S&P 500 Index. As of June 15, the total returns of Nordstrom (JWN), Kohl’s (KSS), and JCPenney (JCP) were 8.1%, 38.7%, and -13.6%, respectively, on a YTD basis.

  • Moody's3 days ago

    GS Mortgage Securities Trust 2015-GC32 -- Moody's Affirms Seven Classes of GSMS 2015-GC32

    The rating on the IO class, Cl. X-A, was affirmed based on the credit quality of its referenced classes. Moody's rating action reflects a base expected loss of 4.0% of the current balance, compared to 4.3% at Moody's last review.

  • InvestorPlace3 days ago

    Kroger Co Remains Many Things to Many People

    The reason Kroger Co (NYSE:KR) remains undervalued can be explained by a single story out of North Carolina. The story is that grocery chain is putting its Raleigh-Durham operations under its Harris Teeter subsidiary, but the headline is quite different. Of the 14 stores being closed, eight of them are being “bought” by Harris Teeter.  Harris Teeter is a unit of Kroger.

  • InvestorPlace3 days ago

    Canadian Consumers Boycotting American Goods Is a Big Nothing Burger

    U.S. President Donald Trump has offended Canada enough, and now, Canadian consumers are fighting back in the most effective way they know how to: boycotts. According to CTV News, angry Canadian consumers are starting to shop “Trump-free.” That means Canadian consumers are boycotting U.S. products, companies, travel and just about anything that could potentially result in dollars flowing from Canadian consumers to U.S. corporations. At risk to this boycott are multinational U.S. corporations with a big Canadian presence, such as McDonald’s Corporation (NYSE:MCD), Starbucks Corporation (NASDAQ:SBUX) and Walmart Inc (NYSE:WMT).

  • Macy's (M) Up 15.7% Since Earnings Report: Can It Continue?
    Zacks3 days ago

    Macy's (M) Up 15.7% Since Earnings Report: Can It Continue?

    Macy's (M) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Motley Fool4 days ago

    Why Dillard's Latest Recovery Isn't Here to Stay

    Shares of this regional department store have nearly doubled since early November, but the company isn't doing enough to sustain its recent sales and earnings boost.

  • Motley Fool4 days ago

    Traffic Becomes Priority No. 1 as Kohl's Returns to Growth

    The retailer surprised investors with a massive 6.3% comparable sales gain in the final quarter of fiscal 2017. Learn about the bold moves management is making to drive that growth.

  • Investopedia4 days ago

    Macys Investment in Tech Startup Reflects Retailers' Larger Defensive Against Amazon

    At Macy's stores, b8ta will sell items, including digital art canvases, that a typical Macy's store would not carry, as reported by CNBC. Better-than-expected results from traditional players has led some on the Street to become more bullish on older brands and their ability to hedge against the rising dominance of Amazon.com Inc. ( AMZN) in a new digital era. The two deals mark Macy's larger strategy, which is also being leveraged by many of its peers, in which they have differentiated themselves against online retailers and worked to revamp the in-store shopping experience.

  • Motley Fool4 days ago

    How Macy's Is Reinvigorating Its Top and Bottom Lines

    The company has spent the past two years developing a slew of initiatives to drive a return to growth.

  • ACCESSWIRE4 days ago

    Today’s Research Reports on Stocks to Watch: Macy’s and KB Home

    NEW YORK, NY / ACCESSWIRE / June 14, 2018 / Hiked interest rates as well as a negative report from a housing market research firm had home stocks falling in Wednesday trading, including KB Home, D.R. Horton, and Toll Brothers. Shares of Macy's were in the red despite two exciting announcements. The company has appointed a new CTO and has taken a minority equity stake in retail software platform provider B8ta Inc.

  • American City Business Journals5 days ago

    Macy’s names technology chief

    Macy’s Inc. has named a new leader to oversee its technology. Naveen Krishna will be appointed chief technology officer effective June 16. Krishna will be responsible for the technology strategy of the Cincinnati-based retailer (NYSE: M), including store, e-commerce and internal systems while overseeing teams related to building the end-to-end e-commerce experience, enterprise-shared services, infrastructure, field services and functional IT support.

  • Business Wire5 days ago

    Naveen Krishna To Join Macy’s, Inc. As Chief Technology Officer

    Macy’s, Inc. (NYSE:M) today announced that Naveen Krishna will be appointed chief technology officer, effective June 16, 2018. Krishna will be responsible for driving the technology strategy and direction for Macy’s, Inc., including all store, e-commerce and internal-facing technologies. Krishna will report to Hal Lawton, president of Macy’s, and will be based in John’s Creek, GA, one of the Macy’s Technology hubs.

  • Barrons.com5 days ago

    Retail Roundup: Tiptoeing Back Into Retail, Macy's Slips

    Retailers may be back from the dead, but they still have their work cut out for them, says  D.A. Davidson & Co. director of wealth management research James Ragan. Ragan tells Barron's that, on the heels of positive trends in the second quarter (a rebound from weak weather-related first-quarter sales), there are encouraging signs--from the strength of the U.S. consumer to a modest increase in same-store sales traffic at brick-and-mortar retailers--that leave him "cautiously optimistic" from a macro perspective on the sector. Although challenges remain, expectations for the sector have come down, and valuations have also pulled back to levels that look more attractive.

  • The Funded: Bay Area company's Aussie IPO plan and more midweek news
    American City Business Journals5 days ago

    The Funded: Bay Area company's Aussie IPO plan and more midweek news

    Here's a look at midweek startup and ventures news from the Bay Area, including about a Fremont company that filed plans to go public on the Australian Securities Exchange.

  • Motley Fool5 days ago

    Are Department Store Stocks Making Their Big Comeback?

    After struggling for years, some old-fashioned retailers are beginning to see dividends from their investments in e-commerce and other initiatives.

  • Fortune5 days ago

    Macy’s Investment in Tech Startup b8ta Shows It’s Serious About a Turnaround

    Moves like this could speed up the department store's metabolism and combat the stasis afflicting retail

  • Nest alumni's Bay Area startup to power Macy's pop-up shops
    American City Business Journals5 days ago

    Nest alumni's Bay Area startup to power Macy's pop-up shops

    The retail giant plans to use the San Francisco startup's retail-as-a-service platform to broaden its Market @ Macy's concept.

  • TheStreet.com5 days ago

    Macy's Takes Stake in B8ta, Adding to 'Experiential' Shopping

    The iconic retailer has taken a minority equity stake in retail software platform provider B8ta Inc. in an effort to boost The Market @ Macy's, a store-within-a-store concept at 10 Macy's nationwide. Three-year-old B8ta is a software retailer that has flagship stores in U.S. cities, including New York and San Francisco, and started its business as a way to allow customers to try out new tech products without necessarily buying them. Macy's The Market, which launched in February and rotates inventory, hopes the collaboration will jump-start the concept.

  • Macy’s invests in tech firm to expand pop-up concept
    American City Business Journals5 days ago

    Macy’s invests in tech firm to expand pop-up concept

    Macy’s Inc. is expanding its partnership with a technology-powered retail firm by purchasing a portion of the company.