M - Macy's, Inc.
| Previous Close | 33.38 |
| Open | 33.33 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1100 |
| Day's Range | 33.23 - 33.81 |
| 52 Week Range | 17.41 - 41.99 |
| Volume | 5,766,778 |
| Avg. Volume | 7,527,455 |
| Market Cap | 10.25B |
| Beta (3Y Monthly) | 0.09 |
| PE Ratio (TTM) | 6.21 |
| EPS (TTM) | 5.38 |
| Earnings Date | Nov 14, 2018 |
| Forward Dividend & Yield | 1.51 (4.52%) |
| Ex-Dividend Date | 2018-09-13 |
| 1y Target Est | 36.00 |
- American City Business Journals•13 hours ago
Startup of the Week: Meet MeSpoke
Sid Hasan left corporate America in 2016 to start MeSpoke, a digital community for retail shopping. The startup, founded in Florida and now based in Reston, is building a network with app downloads in 62 countries and some new recognition of its potential to change the apparel industry (see a recent Forbes article).
- Moody's•16 hours ago
DBUBS 2011-LC3 Mortgage Trust -- Moody's affirms nine classes of DBUBS 2011-LC3 Mortgage Trust
Moody's Investors Service, ("Moody's") has affirmed the ratings on nine classes of DBUBS 2011-LC3 Mortgage Trust as follows: Cl. A-4, Affirmed Aaa (sf); previously on Oct 5, 2017 Affirmed Aaa ...
Market Realist•18 hours agoAre JCPenney’s Strategic Initiatives Helping Sales?
Can New CEO Bring JCPenney Back on Track? JCPenney’s (JCP) net sales declined 7.5% in the second quarter of fiscal 2018, which ended on August 4, causing a 6.0% fall in the net sales for the first half of fiscal 2018. JCPenney’s same-store sales increased 0.3% in the second quarter and 0.2% in the first half of fiscal 2018.
Market Realist•19 hours agoCan New CEO Bring JCPenney Back on Track?
JCPenney (JCP) stock has risen 12.8% since the company announced the appointment of Jill Soltau as its new CEO on October 2. Investors welcomed the news of a new CEO who has about three decades of solid experience in the retail industry, which has included positions in companies like Shopko Stores, Sears (SHLD), and Kohl’s (KSS). Most recently, Jill Soltau was president and CEO of Jo-Ann Stores.
- InvestorPlace•22 hours ago
Sears Bankruptcy Means At Least 142 Additional Store Closings
Sears Holding (NASDAQ:SHLD) filed for Chapter 11 bankruptcy protection on Monday and plans to close 142 more stores as it limps into the holiday season. Prior to the filing, SHLD stock had lost 87.7% of its value this year as investors abandoned the venerable retailer. According to media reports, the long-expected bankruptcy filing came to fruition after a special board committee failed to agree to a rescue plan proposed by Eddie Lampert, the billionaire hedge fund manager who has spent more than a decade trying to turnaround retailers Sears and Kmart.
- Moody's•4 days ago
Wells Fargo Commercial Mortgage Trust 2017-C40 -- Moody's affirms seven classes of Wells Fargo Commercial Mortgage Trust 2017-C40
Moody's Investors Service ("Moody's") has affirmed the ratings on seven classes in Wells Fargo Commercial Mortgage Trust 2017-C40 as follows: Cl. A-1, Affirmed Aaa (sf); previously on Oct 18, ...
- American City Business Journals•4 days ago
Macy's to open on Thanksgiving Day again for 2018
Macy's is holding the line on its start to the Holiday season, opening on Thanksgiving Day for its sixth year in a row.
- Yahoo Finance•4 days ago
How Sears killed itself, explained in one number
Sears is on the brink of bankruptcy. Yahoo Finance looks at one reason the once iconic retailer is in its current predicament.
- American City Business Journals•4 days ago
Former Home Depot Chairman: Boards are looking for diversity, audit board ability, digital fluency
The former chairman and CEO of The Home Depot Inc. was slated to deliver the keynote address at Atlanta Business Chronicle's Developing Directors conference Oct. 11.
- Zacks•4 days ago
American Eagle Begins Holiday Preparations, Hiring Takes Off
American Eagle (AEO) to hire roughly 22,000 part-time associates for its AE and Aerie brands to make this year's holiday season a grand success.
Market Realist•5 days agoJCPenney Stock Rose on October 10, Market Fell
Major indexes fell on October 10 due to investors’ fears about rising rates. The S&P 500 (SPY) fell 3.3%, while the Dow Jones fell 3.2% on October 10. However, JCPenney (JCP) stock rose 6.6% on October 10 due to news about the company extending its agreement with Synchrony Financial (SYF) regarding a marketing and servicing alliance for JCPenney’s credit card program. The amended agreement between the two companies extends the term of JCPenney’s credit card program until January 2027.
- American City Business Journals•6 days ago
Amazon overtakes Macy's in selling Calvin Klein and Tommy Hilfiger apparel
The milestone for Amazon is significant because Macy's is one of the country's largest clothing retailers, and competition from Amazon with big brands like Calvin Klein and Tommy Hilfiger threaten its core business.
- InvestorPlace•6 days ago
Is This Really the End of Sears Stock?
Once the face of retail in America, Sears (NASDAQ:SHLD) has struggled to compete for the past several years in the space it once dominated. The big sales drop led to a huge profitability drop, and in that time span, Sears managed to pile up $11 billion in cumulative losses. To make matters worse, the balance sheet is loaded up with debt.
- American City Business Journals•6 days ago
Amazon boosts apparel game, overtaking Macy's with big brand
Amazon has officially overtaken Cincinnati-based retail giant Macy's Inc. with a major brand, according to a research analytics firm.
- Business Wire•6 days ago
“The Christmas Chronicles,” A Netflix Film To Spread Holiday Cheer In 92nd Annual Macy’s Thanksgiving Day Parade®
This November, four of Santa’s most helpful elves will take flight down the streets of New York City as new balloons in the 92nd Annual Macy’s Thanksgiving Day Parade®. On Thursday, Nov. 22, Fleck, Bjorn, Jojo and Hugg, stars of the upcoming Netflix film, “The Christmas Chronicles” will debut in the annual holiday spectacle helping to kick-off the holiday season for more than 3.5 million spectators lining the streets of Manhattan and more than 50 million television viewers nationwide. “The Macy’s Parade team is thrilled to welcome Fleck, Bjorn, Jojo and Hugg, stars of Netflix’s ‘The Christmas Chronicles’ to the high flying stage of the 2018 Macy’s Thanksgiving Day Parade,” said Jordan Dabby, vice president, partnership marketing for Macy’s Thanksgiving Day Parade.
- MarketWatch•6 days ago
Amazon carries more Calvin Klein, Tommy Hilfiger merchandise than Macy's or J.C. Penney
Amazon.com Inc. , which has been making deep inroads into the fashion sector, now carries more PVH Corp. merchandise, or stock keeping units (SKUs), than either Macy's Inc. or J.C. Penney Co. Inc. , according to Instinet analysts led by Simeon Siegel. PVH labels include Calvin Klein and Tommy Hilfiger. "While SKU counts don't equal sales, this gives a general idea of the range of choice that selling on Amazon provides," the note said. The Instinet note also discussed Amazon's continued brick-and-mortar presence. Over the weekend, Instinet analysts visited the CK x Amazon Fashion Event, a pop-up in New York, one more way that analysts say Amazon can get more "experiential/physical." "Synching up with brands appears yet another way that Amazon is looking to gain share of mind and wallet as a fashion destination; and for brands, it serves as another, 'newer' wholesale avenue of distribution," the note said. In addition to the pop-up, analysts highlight the new 4-Star store and reports that Amazon is seeking out small retail sites in London for additional cashier-less Go locations. Instinet rates Amazon shares buy with a $1,990 price target, and PVH shares neutral with a $155 price target. Amazon shares are up 61% for the year to date, PVH shares have declined 1.3% for the period,a nd the S&P 500 index has gained 8% for 2018 so far.
- Yahoo Finance•6 days ago
Sears bankruptcy isn't surprising when looking at these numbers
Sears is reportedly nearing a bankruptcy filing. Yahoo Finance looks at the numbers that show how the once-storied retailer ended up here.
- Motley Fool•8 days ago
Is Amazon's $15 Wage a Major Threat to Department Stores?
The online retail giant is raising its minimum wage in the U.S. to a level far beyond what most retailers pay their front-line workers.
- Simply Wall St.•8 days ago
These Fundamentals Make Macy’s Inc (NYSE:M) Truly Worth Looking At
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...
- Zacks•8 days ago
Macy's (M) Omnichannel Strategy, Private Brands to Lift Sales
Amid a competitive retail scenario, Macy's (M) has taken several strategic initiatives to adapt to the ongoing changes in the industry.
- Moody's•8 days ago
Citigroup Commercial Mortgage Trust 2015-GC35 -- Moody's affirms nine classes of CGCMT 2015-GC35
Moody's Investors Service, ("Moody's") has affirmed the ratings on nine classes in Citigroup Commercial Mortgage Trust 2015-GC35, Commercial Mortgage Pass-Through Certificates as follows: Cl. ...
- InvestorPlace•11 days ago
TJX Stock Isn’t Attractive After Its Rally
TJX Companies (NYSE:TJX) has become a quietly impressive stock. The rally occurred so slowly that it escaped the notice of most stock analysts. Since last November, TJX stock has quietly but steadily moved higher.
InvestorPlace•11 days ago3 Big Stock Charts for Friday: PPL, Macy’s and Eli Lilly
The S&P 500 ended the day down 0.82%, which was better than its intraday loss, but still below some key support levels. The highly followed Advanced Micro Devices (NASDAQ:AMD) took a sizeable toll, not only falling 2.3%, but certainly inspiring the selling of other important technology names. Bank of America (NYSE:BAC) was up 1.4%, bouncing back with other banks, but their collective gains still weren’t enough to drag the broad market back into the black.
- American City Business Journals•11 days ago
With this change, Macy's could bring more millennials to its downtown store (PHOTOS)
Bargain hunters at Macy's Backstage can expect discounts of up to 80 percent on items such as clothing, accessories and home decor.
