M - Macy's, Inc.

NYSE - NYSE Delayed Price. Currency in USD
21.77
+0.27 (+1.26%)
At close: 4:00PM EDT
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Previous Close21.50
Open21.36
Bid21.77 x 4000
Ask21.80 x 1300
Day's Range21.23 - 22.20
52 Week Range21.08 - 41.99
Volume11,782,982
Avg. Volume9,355,266
Market Cap6.711B
Beta (3Y Monthly)0.27
PE Ratio (TTM)6.14
EPS (TTM)3.55
Earnings DateAug 13, 2019 - Aug 19, 2019
Forward Dividend & Yield1.51 (6.41%)
Ex-Dividend Date2019-03-14
1y Target Est25.79
Trade prices are not sourced from all markets
  • Buy TJX Stock Before Q1 Earnings on Macy's, Walmart & E-Commerce Strength?
    Zacks2 days ago

    Buy TJX Stock Before Q1 Earnings on Macy's, Walmart & E-Commerce Strength?

    Let's see if investors should consider buying TJX stock before its Q1 earnings results after retail bellwethers Walmart (WMT) and Macy's (M) showed positive same-store sales growth and continued e-commerce expansion.

  • What Affected Macy’s Margins in the First Quarter
    Market Realist2 days ago

    What Affected Macy’s Margins in the First Quarter

    Goldman Sachs Upgrades Macy’s Stock after Its Q1 Results(Continued from Prior Part)What dragged on Macy’s gross margin?Macy’s (M) gross margin contracted ~80 basis points to 38.2% in the first quarter of fiscal 2019, which ended on May 4. The

  • Previewing Department Store Stock Q1 Earnings
    Zacks2 days ago

    Previewing Department Store Stock Q1 Earnings

    Previewing Department Store Stock Q1 Earnings

  • Inside Macy's annual shareholder meeting
    American City Business Journals2 days ago

    Inside Macy's annual shareholder meeting

    Coming off of a first quarter that saw sales continue to grow and earnings that smashed Wall Street estimates, Macy's Inc. CEO Jeff Gennette came to Cincinnati to host the retailer's annual shareholder meeting on Friday.

  • Macy’s Strategic Efforts Drove Its Same-Store Sales Growth in Q1
    Market Realist2 days ago

    Macy’s Strategic Efforts Drove Its Same-Store Sales Growth in Q1

    Goldman Sachs Upgrades Macy’s Stock after Its Q1 Results(Continued from Prior Part)Same-store sales growthMacy’s (M) same-store sales grew 0.6% on an owned basis and 0.7% on an owned-plus-licensed basis in the first quarter of fiscal 2019, which

  • Goldman Sachs Upgrades Macy’s Stock after Its Q1 Results
    Market Realist2 days ago

    Goldman Sachs Upgrades Macy’s Stock after Its Q1 Results

    Goldman Sachs Upgrades Macy’s Stock after Its Q1 ResultsRating upgradeOn May 16, Goldman Sachs upgraded Macy’s (M) stock to a “neutral” from “sell.” Goldman Sachs upgraded its rating for Macy’s stock after Macy’s fiscal 2019

  • Business Wire2 days ago

    Macy’s, Inc. Board Declares Quarterly Dividend

    The board of directors of Macy's, Inc. today declared a regular quarterly dividend of 37.75 cents per share on Macy's, Inc.’s common stock, payable July 1, 2019, to shareholders of record at the close of business on June 14, 2019.

  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of M earnings conference call or presentation 15-May-19 1:30pm GMT

    Q1 2019 Macy's Inc Earnings Call

  • These Are the Worst-Case Scenarios for China in the Trade War
    Bloomberg2 days ago

    These Are the Worst-Case Scenarios for China in the Trade War

    (Bloomberg) -- Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.

  • Moody's3 days ago

    Citigroup Commercial Mortgage Trust 2014-GC21 -- Moody's affirms nine classes of CGCMT 2014-GC21

    The ratings on the principal and interest (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 6.4% of the current pooled balance, compared to 4.4% at Moody's last review. Moody's base expected loss plus realized losses is now 5.0% of the original pooled balance, compared to 4.3% at the last review.

  • April’s Retail Sales Report Affects the Consumer Sector
    Market Realist3 days ago

    April’s Retail Sales Report Affects the Consumer Sector

    Did April's US Retail Sales Report Fail to Impress?(Continued from Prior Part)What led to disappointing retail sales in April?Consumer spending has been trending downward this year with the US economy facing headwinds like slower tax refunds and

  • Walmart Stock Is a Buy … If It Meets These Requirements
    InvestorPlace3 days ago

    Walmart Stock Is a Buy … If It Meets These Requirements

    Walmart (NYSE:WMT) reported earnings last night and so far WMT stock is holding a rally on the headline.Source: Shutterstock WMT beat earnings even though they were lower than last year's this time. Revenues were higher than last year's but the company missed its forecast. Management cited currency headways that may have interfered with this report card. WMT had some good news on comparable sales, especially in the U.S. which beat estimates.In summary, Walmart delivered more good news than bad so the bulls have the upper hand … for now. So that brings us to the big question: is Walmart stock a buy here?InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe answer, for the most part, is yes. I would suggest holding onto your longs, but don't chase it unless the investment time frame is long term. This is not a knock against the company's prospects as I am a fan of it. But it's a concern with the price action at these levels.So let me justify my answer: The stock market is still suffering from a massive trade war between the U.S. and China so they do have a host headwinds. This is a big unknown. WMT will probably pass the costs along to the consumers, but since margins are already thin there they will probably need to negotiate better sourcing terms if possible. * 10 Stocks to Sell Before They Tank Your Portfolio So it is not the time to get aggressive chasing Walmart stock up 3%.Walmart's management team is a proven winner. They are making many correct moves to adapt to the changing retail environment. They are pursuing e-commerce aggressively; for example, they just announced next-day shipping and beat Amazon (NASDAQ:AMZN) to the punch. Their advertising segment is also growing. These are hot topics for AMZN and Facebook (NASDAQ:FB) to name two.Some of these changes until they mature will be a drag on profitability. This includes e-commerce as it becomes a larger portion of the total business. It's not cheap to enter and grow a business that is so competitive already.I am not bearish on the stock. In fact, if you own it, I would suggest keeping it. It's a good defensive position in a jittery stock market. But its valuation is close to full as it sells at a price-to-earnings ratio of 42X. This is 25% more expensive than Costco (NASDAQ:COST). I don't see the panic to build a new big position now.Short-term traders could try and scalp momentum moves. Above $104, it could catch a second leg higher as it would invite momentum buyers. But for that purpose there are better vehicles.This morning, management delivered a report that confirms that they are executing well on their plan. But there are still risks that loom. This week Macy's (NYSE:M) sold off hard on its earnings results. I believe that most brick-and-mortar retailers are still struggling to survive the AMZN effect. Some of them will not make it, but Walmart will is not one to struggle. WMT will thrive in spite of Amazon. Bottom Line on WMT StockWalmart has become more aggressive in its fight against AMZN. Just this week it announced free overnight delivery for orders? AMZN had announced a similar benefit, but WMT beat them to the market. Clearly, they know that it's a fight that they need to win.Not many retailers can do this to AMZN. WMT built its empire by growing with very thin margins. It has been the low price leader for decades. So when Amazon came to the scene, WMT was best ready for the fight. The only other major retailer with a similar advantage is Costco. So it's no coincidence that these three stocks are thriving. * 7 Stocks to Buy that Lost 10% Last Week So the bottom line is that the fundamental opportunity for Walmart has never been better. They have the new technology to streamline their business even further and the money to make it happen. So, long term it's a stock to own as it will be higher … I just don't see the reason to chase it until it breaks out from $104.These are turbulent times for as long as the U.S. and China are in a full-blown economic war and they are fighting it in the social sphere. Stocks will whipsaw by tweets and state media blurbs. This is likely to linger for at least late June when the two presidents can meet during the G20 meetings.But the resolution is most likely not possible for months to come. So I should be cautious when taking on new bullish positions. I should start with partials so I'd have room to add in case gthe price goes against the thesis.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Sell Before They Tank Your Portfolio * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Low-Priced, High-Potential Tech Stocks to Buy Compare Brokers The post Walmart Stock Is a Buy … If It Meets These Requirements appeared first on InvestorPlace.

  • Goldman Sachs upgrades Macy's
    American City Business Journals3 days ago

    Goldman Sachs upgrades Macy's

    Investment banking giant Goldman Sachs upgraded Macy's Inc.'s stock after previously calling the Cincinnati-based retailer's turnaround plans "insufficient."

  • Barrons.com3 days ago

    Macy’s Stock Still Can’t Beat the Department Store Blues

    (M) stock (M) is drifting lower again on Thursday, a day after better-than-expected first-quarter results did little to stem negative investor sentiment about the department store. Macy’s has fallen 28% year to date and is off nearly 37% in the trailing 12-month period. Retail hasn’t kept pace with the overall market in 2019, with the (XRT) (XRT) up just 6%, but department stores in general haven’t even been able to match those gains in large part.

  • Zacks Earnings Trends Highlights: Macy's, Amazon and McDonalds
    Zacks3 days ago

    Zacks Earnings Trends Highlights: Macy's, Amazon and McDonalds

    Zacks Earnings Trends Highlights: Macy's, Amazon and McDonalds

  • Company News For May 16, 2019
    Zacks3 days ago

    Company News For May 16, 2019

    Companies in the news are: M, BABA, TLRY and XLNX

  • Benzinga3 days ago

    Goldman Sachs Upgrades Macy's, Risk-Reward 'Less Skewed To The Downside'

    Macy's Inc (NYSE: M )'s stock has fallen more than 40 percent since Goldman Sachs first initiated coverage of the retailer, but the firm now says the risk-reward profile is "less skewed to the downside." ...

  • Margin Pressure Continues at Dillard's
    Motley Fool3 days ago

    Margin Pressure Continues at Dillard's

    The enigmatic department store chain suffered a sharp gross margin decline last quarter.

  • Walmart says tariffs 'will increase prices' for shoppers
    CNBC3 days ago

    Walmart says tariffs 'will increase prices' for shoppers

    Walmart says it's "monitoring" tariff discussions closely, "hopeful that an agreement can be reached."

  • Macy's CEO says tariff escalation could hurt business
    Reuters4 days ago

    Macy's CEO says tariff escalation could hurt business

    The largest U.S. department store operator is one of the first to comment publicly on the damage that U.S. President Donald Trump imposing tariffs on all remaining imports from China, another $300 billion worth of goods, could have on business. In Macy's case, the potential tariffs would impact both its private and national brands, said Macy's Chief Executive Officer Jeff Gennette. Gennette said any escalation of tit-for-tat tariffs was not factored into the company's annual outlook and that the company would do what it could to minimize the effect on customers.

  • Macy's Q1 Earnings Are Better Than Investors Feared
    Motley Fool4 days ago

    Macy's Q1 Earnings Are Better Than Investors Feared

    The department store giant faced its share of troubles last quarter, but demonstrated the resiliency of its growth strategy.

  • Macy's Inc (M) Q1 2019 Earnings Call Transcript
    Motley Fool4 days ago

    Macy's Inc (M) Q1 2019 Earnings Call Transcript

    M earnings call for the period ending May 4, 2019.

  • Can Q1 Earnings Reports Help Retail Stocks?
    Zacks4 days ago

    Can Q1 Earnings Reports Help Retail Stocks?

    Can Q1 Earnings Reports Help Retail Stocks?

  • What Happened in the Stock Market Today
    Motley Fool4 days ago

    What Happened in the Stock Market Today

    Stocks rose for a second day on trade hopes, with Macy's and marijuana specialist Tilray reporting earnings.

  • Crazy Wednesday a perfect example of market's 'new normal,' says Cramer
    CNBC Videos4 days ago

    Crazy Wednesday a perfect example of market's 'new normal,' says Cramer

    We're currently ruled by tariffs and trade, with the Fed playing second fiddle. So when weak retail sales numbers came in, it freaked people out and set the stage for a terrific romp, especially after we learned the president's auto tariffs might be delayed.