M - Macy's, Inc.
| Previous Close | 32.27 |
| Open | 31.75 |
| Bid | 33.25 x 800 |
| Ask | 33.36 x 800 |
| Day's Range | 30.64 - 33.40 |
| 52 Week Range | 20.11 - 41.99 |
| Volume | 15,920,650 |
| Avg. Volume | 7,834,901 |
| Market Cap | 10.222B |
| Beta (3Y Monthly) | 0.14 |
| PE Ratio (TTM) | 6.19 |
| EPS (TTM) | 5.38 |
| Earnings Date | Aug 8, 2018 - Aug 13, 2018 |
| Forward Dividend & Yield | 1.51 (4.08%) |
| Ex-Dividend Date | 2018-12-13 |
| 1y Target Est | 36.33 |
- TheStreet.com•20 hours ago
Nordstrom Tumbles After Credit Card Charge, Q3 Same-Stores Sales Miss
shares tumbled Friday by nearly 14% to close at $50.93, after the retailer posted weaker-than-expected same store sales for its fiscal third quarter and said it would need to repay more than $70 million to customers overcharged on store credit cards. Nordstrom said sales in store open more than one year rose 2.3% in the three months ending on October 28, but noted the "full-price" sales were only up 0.4% from the same three-month period last year. Nordstrom also said it sees Christmas quarter sales rising around 2% from last year, and net full-year revenues of around $15.6 billion after hitting $3.748 billion in the October end quarter.
- MarketWatch•yesterday
Macy’s CEO says stores are important to the business even if they’re going to shrink
Macy’s talked up the importance of its bricks-and-mortar locations even as it plans to shrink stores and grow its e-commerce business.
- Simply Wall St.•yesterday
Here’s What Macy’s Inc’s (NYSE:M) P/E Ratio Is Telling Us
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll look at Macy’s Inc’s (NYSE:M) P/E ratio and reflect on Read More...
- Zacks•2 days ago
Buy Lowe's (LOW) Stock Before Q3 Earnings After HD's Strong Quarter?
Is now the time to think about buying Lowe's stock? Let's take a look at its Q3 outlook and some fundamentals to find out.
- InvestorPlace•2 days ago
Macy’s Thanksgiving Parade Lineup 2018: Who Will Peform This Year?
The Macy’s Thanksgiving Parade lineup (NYSE:M) for 2018 has been announced and it will be one for the ages as plenty of older and younger talents will take part in the biggest Thanksgiving festive event of the season in both New York City and the rest of the country. The holiday season is one of the most exciting times of the year for many and this year will mark the 92nd annual Macy’s Thanksgiving Parade, which will be broadcast on NBC this coming Thanksgiving Day, which will land on November 22. The lineup for the event will be a joyous one that includes Diana Ross as one of the headliners.
- Thomson Reuters StreetEvents•2 days ago
Edited Transcript of M earnings conference call or presentation 14-Nov-18 2:30pm GMT
Q3 2018 Macy's Inc Earnings Call
- Investing.com•2 days ago
MarketPulse: Retailers Up for Sale as Nordstrom, Williams-Sonoma Plunge
Investing.com - Retailers were nursing losses heading into the close, led by plunge in Nordstrom and Williams-Sonoma on concerns about soft quarterly earnings and guidance.
- American City Business Journals•2 days ago
Brick-and-mortar important to Macy's, though it may shrink
Cincinnati-based Macy's is the largest department store chain in the U.S. and CEO Jeff Gennette reassured investors this week that its stores remain critical to the company – even if they may shrink.
- Motley Fool•2 days ago
Is Macy’s an Undervalued Dividend Stock?
A single digit P/E ratio and a 4% yield should attract bargain hunters.
- Zacks•2 days ago
Williams-Sonoma (WSM) Q3 Earnings Top, Comps Soft, Stock Down
Although Williams-Sonoma (WSM) reports better-than-expected fiscal Q3 earnings, weak comps disappoint the market sentiment.
Market Realist•2 days agoHow Has Kohl’s Stock Performed in 2018?
As of November 13, Kohl’s (KSS) stock price has risen 47.8% on a YTD (year-to-date) basis to $80.15. A strong financial performance and strategic initiatives gaining traction are driving the stock. In the first quarter and second quarter, Kohl’s beat the top and bottom-line estimates. Kohl’s is scheduled to report its third-quarter results on November 20.
- Yahoo Finance•2 days ago
How JCPenney execs magically stopped the stock from crashing below $1.00
JCPenney is leaving all options on the table in a bid to save itself.
- Market Realist•2 days ago
Nordstrom Stock Fell, Revenue Outlook Shadowed Strong Q3 Results
Nordstrom (JWN) stock fell 9% in after-hours trading on November 16 following the announcement of its third-quarter results. Nordstrom beat analysts’ third-quarter estimates, but its revenue guidance for 2018 was lower than expected.
Market Realist•2 days agoWhat Caused Macy’s Operating Margin Expansion in Q3?
Macy’s (M) gross margin remained almost unchanged on a YoY basis at 40.3% in the third quarter of fiscal 2018. Macy’s has been experiencing increased delivery costs due to its new loyalty program and growing online sales.
Market Realist•2 days agoKohl’s Valuation before Its Third-Quarter Results
As of November 13, Kohl’s was trading at a 12-month forward PE multiple of 13.9x. In contrast, Nordstrom (JWN) is trading at a 12-month forward PE multiple of ~17.1x. However, Macy’s (M) and Dillard’s (DDS) are trading at 12-month forward PE multiples of 9.7x and 12.4x, respectively, as of November 13.
Market Realist•3 days agoMacy’s Growth Initiatives Drove Its Q3 Sales Higher
Macy’s (M) net sales grew 2.3% on a YoY basis to $5.4 billion, which was in line with analysts’ estimate in the third quarter of fiscal 2018, which ended on November 3. Macy’s fiscal 2018 net sales growth was quite an improvement compared to the 6.1% sales decline in the third quarter of fiscal 2017. The company’s net sales increased by 3.6% in the first quarter of fiscal 2018 but fell 1.1% in the second quarter.
- TheStreet.com•3 days ago
J.C. Penney Isn't a Stock for Smart Investors
reported a third quarter of continued sales declines and broadening losses. If you adjust for the extra week in 2017's results, comparable sales declined 4.5% year over year. Unfortunately $80 million in credit will not offset the losses in sales.
Market Realist•3 days agoMacy’s Stock Fell 7% despite Strong Third-Quarter Results
Macy’s (M) stock declined 7.2% on November 14, the day the company announced its results for the third quarter of fiscal 2018, which ended on November 3. Macy’s stock fell despite strong third-quarter results and improved earnings guidance for fiscal 2018. Macy’s investors seem to be skeptical despite the company’s optimism about the fourth quarter, which includes the holiday season.
- Zacks•3 days ago
What to Expect From Victoria's Secret Parent L Brands (LB) Q3 Earnings
Let's see if LB stock might be able to build on its recent 13% jump over the last month.
Market Realist•3 days agoJCPenney’s Q3 Top Line Numbers Disappointed Investors
JCPenney (JCP) disappointed investors yet again when it reported its fiscal 2018 third-quarter results (for the period that ended on November 3) on November 15. JCPenney’s net sales fell 5.8% to $2.65 billion in the quarter. JCPenney’s top line results were in contrast to those of Macy’s (M), which reported a 2.3% rise in its third-quarter net sales and same-store sales growth of 3.1% on an owned basis.
- Benzinga•3 days ago
Macy's Receives Mixed Analyst Reaction After Q3 Earnings Beat, Sales Miss
Macy's Inc (NYSE: M) shares were trading down more than 3 percent Thursday, one day after reporting a third-quarter sales miss. The retailer delivered Q3 earnings of 27 cents per share, beating estimates by 13 cents. Macy's sell-off is a buying opportunity, saying the company's retail innovations and initiatives will continue to drive growth in a highly competitive environment, Tigress Financial Partners' Ivan Feinseth said in a note.
Market Realist•3 days agoKohl’s: Analysts’ Recommendations before Its Q3 2018 Results
Analysts remain on the sidelines about Kohl’s (KSS) ahead of its upcoming third-quarter results on November 20. For the third quarter, analysts expect the company’s net sales to grow 0.8% to $4.37 billion. The stock has seen just one target price change in the last 15 days.
- ACCESSWIRE•3 days ago
Today’s Research Reports on Stocks to Watch: Canada Goose and Macy's
NEW YORK / ACCESSWIRE / November 14, 2018 / Shares of Macy's were in the red despite a strong earnings report. Traders may have been more concerned with the company announcing that it is downsizing store space. Macy's has picked four stores to test as "neighborhood" locations and will cut excess inventory and staffing and will look to see next year if the format will work for other stores in the U.S. Shares of Canada Goose also reported strong earnings with shares exploding to a new high as a result.
- The Wall Street Journal•4 days ago
[$$] Investors Shrink From a Shrinking Macy’s
This time last year, Macy’s stock had fallen to its lowest point since the 2008 financial crisis. Lifted by a strong economy and consumer confidence, however, the 160-year-old retailer has managed to turn its fortunes around. On Wednesday, Macy’s reported third-quarter earnings that topped analysts’ expectations and the company raised its forecast for the year.
- CNBC Videos•3 days ago
Retail rally is rolling over, are these names on sale ahe...
Big retailers reverse. Are the retailers on sale? With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Steve Grasso and Brian Kelly.
