M - Macy's, Inc.

NYSE - NYSE Delayed Price. Currency in USD
34.75
-0.94 (-2.63%)
At close: 4:01PM EDT
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Previous Close35.69
Open35.70
Bid0.00 x 3100
Ask34.90 x 1000
Day's Range34.74 - 36.03
52 Week Range17.41 - 41.99
Volume6,153,168
Avg. Volume7,405,455
Market Cap10.667B
Beta0.25
PE Ratio (TTM)6.46
EPS (TTM)5.38
Earnings DateNov 14, 2018
Forward Dividend & Yield1.51 (4.23%)
Ex-Dividend Date2018-09-13
1y Target Est36.00
Trade prices are not sourced from all markets
  • Moody's9 hours ago

    Wells Fargo Commercial Mortgage Trust 2017-C39 -- Moody's affirms eight classes of WFCM 2017-C39

    The ratings of seven P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR), and the transaction's Herfindahl Index (Herf) are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.8% of the current pooled balance. Moody's base expected loss plus realized losses is now 4.8% of the original pooled balance.

  • Reuters9 hours ago

    Citigroup settles U.S. robo-signing case tied to consumer bankruptcies

    Citigroup Inc (C.N) will pay $5 million to address "robo-signed" proofs of claim filed in consumer bankruptcy cases involving 71,448 Macy's-branded credit card accounts, the U.S. Department of Justice announced on Monday. The proofs of claim were filed between 2012 and 2015 by employees of a third-party vendor who did not review their contents, and had been working on behalf of Citigroup affiliate Department Stores National Bank, which issued the accounts. According to a filing with the U.S. bankruptcy court in Gainesville, Georgia, Citigroup learned of problems with the vendor's practices after it began servicing the accounts in July 2015, and notified the government the following month.

  • Citigroup settles U.S. robo-signing case tied to consumer bankruptcies
    Reuters9 hours ago

    Citigroup settles U.S. robo-signing case tied to consumer bankruptcies

    Citigroup Inc (C.N) will pay $5 million to address "robo-signed" proofs of claim filed in consumer bankruptcy cases involving 71,448 Macy's-branded credit card accounts, the U.S. Department of Justice announced on Monday. The proofs of claim were filed between 2012 and 2015 by employees of a third-party vendor who did not review their contents, and had been working on behalf of Citigroup affiliate Department Stores National Bank, which issued the accounts. According to a filing with the U.S. bankruptcy court in Gainesville, Georgia, Citigroup learned of problems with the vendor's practices after it began servicing the accounts in July 2015, and notified the government the following month.

  • Analysts and Macy’s Expected Sales in the Second Half of 2018
    Market Realist10 hours ago

    Analysts and Macy’s Expected Sales in the Second Half of 2018

    Do Macy’s Investors Expect a Better Second Half of the Year? Macy’s (M) raised its sales guidance for fiscal 2018 in August after a better performance in the first half of fiscal 2018. As we’ve already seen in this series, Macy’s sales declined 1.1% in the fiscal second quarter, which ended on August 4, due to the impact of the shift in the Friends and Family promotional event to the fiscal first quarter.

  • Does Target Stock Have Scope for Further Growth?
    Market Realist10 hours ago

    Does Target Stock Have Scope for Further Growth?

    Recently, Target Corporation (TGT) announced its plans to hire ~120,000 seasonal workers for the upcoming holiday season, 20% more than last year. The announcement indicates that Target expects the solid momentum in its sales to continue during the key holiday season. Janna Potts, chief stores officer at Target, stated that the company is expecting “a busy holiday season” and the addition of an increased temporary workforce will ensure a seamless shopping experience for its customers.

  • Will Macy’s Strategic Initiatives Drive Sales Growth?
    Market Realist11 hours ago

    Will Macy’s Strategic Initiatives Drive Sales Growth?

    Do Macy’s Investors Expect a Better Second Half of the Year? Macy’s (M) growth initiatives helped it deliver same-store sales growth of 1.4% and 3.9% in fiscal Q4 2017 and fiscal Q1 2018, respectively. Overall, Macy’s net sales declined 1.1% in the fiscal second quarter.

  • Tariffs Will Hurt: Target, Walmart, and Others Voice Concerns
    Market Realist12 hours ago

    Tariffs Will Hurt: Target, Walmart, and Others Voice Concerns

    Target (TGT) and Walmart (WMT) have expressed concerns regarding the escalating trade war between the United States and China. Both Target and Walmart have emphasized the fact that expanded tariffs will eventually hurt American families, as they will force these retailers to increase their prices. Several other retailers, including Costco (COST), Dollar Tree (DLTR), Macy’s (M), and Kohl’s (KSS), have also voiced their concerns about the higher tariffs imposed on Chinese goods.

  • Do Macy’s Investors Expect a Better Second Half of the Year?
    Market Realist13 hours ago

    Do Macy’s Investors Expect a Better Second Half of the Year?

    Macy’s (M) stock was up 41.7% YTD (year-to-date) as of September 21. Macy’s and its department store peers have been taking several measures to grow their top lines amid intense rivalry from online retailers such as Amazon (AMZN). Macy’s net sales declined for 11 quarters and then recovered in the fourth quarter of fiscal 2017 and the first quarter of fiscal 2018.

  • Department Store Investors Shouldn't Fear Weak August Retail Sales
    Motley Fool2 days ago

    Department Store Investors Shouldn't Fear Weak August Retail Sales

    The U.S. Census Bureau's official August retail sales data fell short of economists' expectations, with particularly poor results at department stores. But that may not be bad news for the likes of Kohl's, Macy's, and Nordstrom.

  • Macy's Management Talks Omnichannel Strategy, Backstage Expansion, and More
    Motley Fool3 days ago

    Macy's Management Talks Omnichannel Strategy, Backstage Expansion, and More

    Here's how the venerable retailer plans to win in the years ahead.

  • InvestorPlace3 days ago

    Should You Buy Kroger Stock After Its No-Good, Terrible Month?

    Shares of Kroger (NYSE:KR) fell 10% in early trade Sept. 13 after it released earnings that beat estimates on the bottom line but came up short on the top. Kroger said it earned $797 million, 62 cents per share fully diluted, on sales of $27.869 billion, and declared a 14 cent per share dividend. The fall may have been inevitable considering the rise in Kroger stock since March when it dropped to as low as $23 per share.

  • CNBC3 days ago

    Retailers are hiring for the holidays, but are there enough workers?

    Stores, websites and delivery companies have advertised more than 330,00 seasonal job openings so far, according to employment firm Challenger, Gray & Christmas, and most economists expect that number to more than double in coming weeks. With unemployment under 4 percent, there is little slack in the job market, making quality employees looking for seasonal work that much harder to find.

  • Moody's4 days ago

    Citigroup Commercial Mortgage Trust 2016-P5 -- Moody's affirms seven classes of CGCMT 2016-P5

    Moody's Investors Service ("Moody's") has affirmed the ratings on seven classes in Citigroup Commercial Mortgage Trust 2016-P5, Commercial Mortgage Pass-Through Certificates, Series 2016-P5. The ratings on the six P&I classes Cl. A-1 through Cl.A-S were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.5% of the current pooled balance, compared to 4.9% at Moody's last review.

  • Macy's Virtual Reality Furniture Initiative Is Gaining Steam
    Motley Fool4 days ago

    Macy's Virtual Reality Furniture Initiative Is Gaining Steam

    Virtual reality technology is allowing Macy's to sell more furniture in less space.

  • Investopedia4 days ago

    Macy's Stock Seen Falling Into a Bear Market

    Macy's Inc.'s ( M) stock has plunged by more than 16% since reporting quarterly results in August. Now shares may fall even further based on technical analysis, by as much as 9%, from its current price of about $35.15.

  • Moody's4 days ago

    GS Mortgage Securities Trust 2016-GS3 -- Moody's affirms eight classes of GSMS 2016-GS3

    Moody's rating action reflects a base expected loss of 3.5% of the current balance, compared to 4.0% at last review. The total portfolio comprises 1,726 multifamily units and 37 retail units totaling 41,160 SF.

  • Moody's4 days ago

    JPMBB Commercial Mortgage Securities Trust 2014-C24 -- Moody's affirms twelve classes of JPMBB 2014-C24

    Moody's Investors Service, ("Moody's") has affirmed the ratings on twelve classes in JPMBB Commercial Mortgage Securities Trust 2014-C24 as follows: Cl. A-2, Affirmed Aaa (sf); previously on ...

  • A Look at Kohl’s Capital Allocation Plans
    Market Realist5 days ago

    A Look at Kohl’s Capital Allocation Plans

    Despite heavy investments, Kohl’s Corporation (KSS) is committed to its share buyback program. Share repurchases improve a company’s EPS by reducing the average share count. For the first half of fiscal 2018, Kohl’s repurchased 2.5 million shares.

  • Retailers add incentives to lure scarce seasonal staffers
    American City Business Journals5 days ago

    Retailers add incentives to lure scarce seasonal staffers

    Store discounts, higher wages and drawings are some ways retailers hope to attract store associates to work over the holiday season.

  • See what the IHS Markit Score report has to say about Macy's Inc.
    Markit5 days ago

    See what the IHS Markit Score report has to say about Macy's Inc.

    Over the last month, growth of ETFs holding M is favorable, with net inflows of $19.22 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.

  • Kohl’s H1 2018 Bottom-Line Performance Is Impressive
    Market Realist5 days ago

    Kohl’s H1 2018 Bottom-Line Performance Is Impressive

    Over the trailing ten quarters, Kohl’s (KSS) has beaten Wall Street analysts’ estimates eight times, missing its estimates on two occasions. Kohl’s adjusted EPS for the first quarter totaled $0.64—much better than analysts’ estimates of $0.50 for the first quarter and $0.39 reported in the first quarter of 2017. Kohl’s second-quarter adjusted EPS came in at $1.76, easily beating the analyst estimate of $1.64.

  • Macy's partnerships to bring new brands, virtual reality into its stores
    American City Business Journals5 days ago

    Macy's partnerships to bring new brands, virtual reality into its stores

    Macy's Inc. is beefing up its in-store technology and is launching new partnerships, including one with Facebook.

  • Ballooning pot stocks are now bigger than Chipotle and Macy's
    CNBC6 days ago

    Ballooning pot stocks are now bigger than Chipotle and Macy's

    Wall Street's obsession with marijuana stocks has propelled industry leaders to lofty market valuations. Canadian cannabis company Tilray is now larger than half the stocks that comprise the S&P 500.

  • Technology stocks you should be invested in
    Fox Business Videos4 days ago

    Technology stocks you should be invested in

    Commerce Street Holdings President Dory Wiley discusses which technology stocks people should be invested in.

  • Holiday cheer for retailers this year?
    Yahoo Finance Video5 days ago

    Holiday cheer for retailers this year?

    According to Deloitte's annual holiday retail sales forecast, sales are expected to jump over 5% to $1.1 trillion between the period of November and January.