M - Macy's, Inc.
| Previous Close | 39.32 |
| Open | 39.68 |
| Bid | 0.00 x 4000 |
| Ask | 0.00 x 900 |
| Day's Range | 37.20 - 39.71 |
| 52 Week Range | 17.41 - 41.33 |
| Volume | 7,849,802 |
| Avg. Volume | 10,097,300 |
| Market Cap | 11.467B |
| Beta | 0.54 |
| PE Ratio (TTM) | 7.17 |
| EPS (TTM) | 5.22 |
| Earnings Date | Aug 8, 2018 - Aug 13, 2018 |
| Forward Dividend & Yield | 1.51 (3.84%) |
| Ex-Dividend Date | 2018-06-14 |
| 1y Target Est | 34.85 |
- Moody's•2 days ago
WFRBS Commercial Mortgage Trust 2012-C9 -- Moody's Affirms Ten Classes of WFRBS 2012-C9
Moody's Investors Service, ("Moody's") has affirmed the ratings on 10 classes in WFRBS Commercial Mortgage Trust 2012-C9, Commercial Pass-Through Certificates, Series 2012-C9: Cl. A-3, Affirmed ...
- American City Business Journals•2 days ago
What is Macy's future in Cincinnati?
Macy's Inc., one of the nation's largest retailers, has long held dual headquarters – both in Cincinnati and New York City. But with the last local member of its C-suite retiring and plans to subdivide its headquarters in the Queen City, what does Macy's future look like here?
- Moody's•2 days ago
COMM 2015-CCRE24 Mortgage Trust -- Moody's Affirms Eight Classes of COMM 2015-CCRE24
Moody's Investors Service has affirmed the ratings on eight classes in COMM 2015-CCRE24 Mortgage Trust, Commercial Mortgage Pass-Through Certificates as follows: Cl. A-1, Affirmed Aaa (sf); previously ...
- Zacks•2 days ago
Is Macy's (M) a Great Stock for Value Investors?
Let???s see if Macy's, Inc. (M) stock is a good choice for value-oriented investors right now from multiple angles.
Associated Press•3 days agoWhat's that extra in my online cart? Soon, maybe a sales tax
Attention shoppers: You may soon be paying more taxes on what you put in your online cart. The Supreme Court ruled Thursday that states can require online retailers to collect sales tax on purchases that come from states where they don't have any shops, offices or warehouses. Before that, retailers didn't have to collect state sales taxes if it was shipping items to someone in a state where the business didn't have a physical presence.
- Benzinga•3 days ago
Nordstrom Is A Bright Spot In Retail, UBS Says In Sectorwide Initiation
The investor perception that "stores are dead" is exaggerated, as the retail segment still needs a physical presence , according to UBS. The Analyst Analyst Jay Sole initiated coverage of multiple ...
- Bloomberg•3 days ago
Activist Urges Saks’ Owner Hudson’s Bay to Mimic Macy’s
Activist investor Jonathan Litt is again urging Hudson’s Bay Co. to explore ways to unlock the value of its real estate, arguing the owner of Saks Fifth Avenue should look to Macy’s Inc. for an example of how to improve shareholder value -- or even sell itself to its American rival. Litt said in a letter to Hudson’s Bay shareholders that he continues to monitor the company’s performance and may consider nominating directors or calling a special meeting now that his settlement agreement with the Toronto-based department store owner has expired. “Hudson’s Bay could learn a lot from the way Macy’s has built a credible real estate team to help drive its turnaround,” Litt wrote in the letter released Thursday.
- Fortune•4 days ago
Amazon’s Try-Before-You-Buy Wardrobe Service Is Ready for Prime Time
With 80 million Prime members, Amazon can really hurt clothing stores.
- Moody's•4 days ago
COMM 2014-UBS5 Mortgage Trust -- Moody's Affirms Nine Classes of COMM 2014-UBS5
Moody's Investors Service, ("Moody's") has affirmed the ratings on nine classes in COMM 2014-UBS5 Mortgage Trust, Commercial Mortgage Pass-Through Certificates as follows: Cl. A-2, Affirmed Aaa ...
- Zacks•5 days ago
How Macy's (M) Stock Stands Out in a Strong Industry
Macy's (M) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
- ACCESSWIRE•5 days ago
Free Post Earnings Research Report: Macy's Sales Rose 3.6%; Adjusted EPS Soared 85%
LONDON, UK / ACCESSWIRE / June 20, 2018 / If you want access to our free earnings report on Macy's, Inc. (NYSE: M), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=M. The Company reported its first quarter fiscal 2018 operating and financial results on May 16, 2018. Additionally, the Company raised its guidance for FY18.
- Moody's•6 days 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's•7 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.
Market Realist•7 days agoMacy’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.
Market Realist•7 days agoWhat’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.
- Market Realist•7 days 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.
Market Realist•7 days agoHow 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.
Market Realist•7 days agoCan 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's•9 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.
- InvestorPlace•9 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.
- InvestorPlace•9 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).
Yahoo Finance Video•4 days agoYahoo Finance Live: Market Movers - Jun 21st, 2018
Yahoo Finance's LIVE stock market coverage and analysis.
