M - Macy's, Inc.

NYSE - NYSE Delayed Price. Currency in USD
24.13
-0.92 (-3.67%)
At close: 4:03PM EDT
Stock chart is not supported by your current browser
Previous Close25.05
Open24.98
Bid24.10 x 1800
Ask0.00 x 3200
Day's Range24.07 - 25.00
52 Week Range22.73 - 41.99
Volume9,153,213
Avg. Volume8,749,351
Market Cap7.438B
Beta (3Y Monthly)0.31
PE Ratio (TTM)6.78
EPS (TTM)3.56
Earnings DateMay 14, 2019 - May 20, 2019
Forward Dividend & Yield1.51 (6.28%)
Ex-Dividend Date2019-03-14
1y Target Est25.86
Trade prices are not sourced from all markets
  • Report: Macy's in talks to place office tower above its flagship store
    American City Business Journals11 hours ago

    Report: Macy's in talks to place office tower above its flagship store

    Cincinnati-based retailer Macy's Inc. is reportedly in talks to build a skyscraper atop its flagship Herald Square store in New York City.

  • Macy's Credit Ratings Have Finally Stabilized
    Motley Fool17 hours ago

    Macy's Credit Ratings Have Finally Stabilized

    Macy's can think about resuming its share buyback program this year, after Fitch and S&P both upgraded their outlooks for the department store giant's credit rating to "stable" in the past week.

  • What Analysts Expect from Kohl’s Fiscal 2019 Sales
    Market Realist18 hours ago

    What Analysts Expect from Kohl’s Fiscal 2019 Sales

    Kohl's Investors Welcome Expansion of Partnership with Amazon(Continued from Prior Part)Recent performance Kohl’s (KSS) net sales fell 3.4% to $6.54 billion in the fourth quarter of fiscal 2018, which ended on February 2. Kohl’s fourth-quarter

  • Kohl’s Investors Welcome Expansion of Partnership with Amazon
    Market Realist18 hours ago

    Kohl’s Investors Welcome Expansion of Partnership with Amazon

    Kohl's Investors Welcome Expansion of Partnership with AmazonExpansion of strategic deal with Amazon Kohl’s (KSS) stock surged 11.9% on April 23 in reaction to news of an expanded partnership with Amazon (AMZN). Effective this July, Kohl’s will

  • Macy’s in Early Talks to Put an Office Tower Atop Its NYC Flagship
    Bloombergyesterday

    Macy’s in Early Talks to Put an Office Tower Atop Its NYC Flagship

    Macy’s probably would push for zoning changes around its property to allow for the 800-foot (244-meter) building, which would bring an estimated 6,000 additional people to the area, said the person, who asked not to be identified because the talks are private. Macy’s shares jumped as much as 4.5 percent to $25.76. A representative for Macy’s had no immediate comment.

  • GuruFocus.com2 days ago

    Buffett on Financial Statements: Which of These 3 Retailers Has the Best Moat?

    In response to my article about Warren Buffett (Trades, Portfolio)'s approach to balance sheet assets, a reader posed an interesting and useful question. Warning! GuruFocus has detected 7 Warning Sign with COST. The reader pointed to the experience of three retailers -- Costco (COST), Macy's (NYSE:M) and Overstock (OSTK) -- and summarized their metrics for accounts receivable, days to pay suppliers, inventories and gross margins.

  • Investing.com3 days ago

    Kohl's Surges Midday After Expanding Amazon Return Program

    The program started out as a pilot in 2017 and will expand to all of Kohl’s 1,150 stores in July, the company said. Kohl’s will accept any Amazon item that is eligible, without a box or label, and return it for free.

  • American City Business Journals3 days ago

    PHOTOS: Long-anticipated movie theater debuts in Country Club Plaza

    The opening of the theater project marks a milestone in the transformation of a center that's gradually added tenants since getting a new owner in 2014.

  • Can J. C. Penney's (JCP) Turnaround Efforts End its Woes?
    Zacks4 days ago

    Can J. C. Penney's (JCP) Turnaround Efforts End its Woes?

    Soft margins, dismal comps and a high level of debt act as headwinds for J. C. Penney (JCP). However, the company is making efforts to get back on track.

  • Can pop-up shops give department stores a boost?
    American City Business Journals4 days ago

    Can pop-up shops give department stores a boost?

    Many department stores are shifting away from quickly moving inventory and instead focusing on consumer experience.

  • Macy’s and The Trevor Project Partner in Celebration of Pride Month
    Business Wire7 days ago

    Macy’s and The Trevor Project Partner in Celebration of Pride Month

    This June, Macy’s (NYSE:M) will kick-off its annual Pride + Joy national LGBTQ Pride Month celebrations with its customers, colleagues and local communities in commemoration of Stonewall 50 and World Pride NYC. A key component of that celebration is its nationwide partnership with The Trevor Project. In mid-May, Macy’s and The Trevor Project will begin the roll-out of a series of initiatives aimed at raising funds and awareness for Trevor’s life-saving mission and services for at-risk LGBTQ young people, highlighting Macy’s long-standing commitment to diversity, equality, inclusion and respect for all.

  • Urban Outfitters Stock Bounced Hard — But Don’t Buy Below $35
    InvestorPlace9 days ago

    Urban Outfitters Stock Bounced Hard — But Don’t Buy Below $35

    Ever since Amazon (NASDAQ:AMZN) changed the game for all brick-and-mortar retailers, the industry's has been suffering to catch up. In the last five years, Urban Outfitters (NASDAQ:URBN) stock is down 11% while the S&P 500 is up 55% for the same period.Source: Shutterstock URBN waited too long to react seriously to the AMZN threat and now they are in scrambling mode -- and when you scramble you don't execute plans well. The reaction to the recent earnings suggests that URBN management has its work cut out for it.There is good news in the URBN stock chart as it rallied to a high of 25% off the March 25 lows. It has since given back a decent portion of the rally but it's still an impressive move nonetheless. However, today's writeup is a cautionary note against jumping aboard the stock too early.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Don't Buy URBN Stock YetIt is tempting to chase the recent analyst upgrades to URBN stock. The technicals, however, suggest that these upgrades are more on the hopes of a turnaround than a valid argument. This is not the same as me hating on the stock, but they say price is truth, so why not wait for a change in price action? I don't want to chase URBN stock until it clearly beats $35 per share. * 5 Stocks to Profit From (Legal) Insider Buying Signals Until then, onus is on the bulls to prove that they can sustain the rally and break the long-term negative trend. Once it does, the upside potential will be big as there are many more analysts to upgrade the stock.It is important to note that URBN is suffering while the consumer has never been healthier. The transition to e-tailing is proving tricky as AMZN keeps upping the ante. It is a master at operating on thin margins, making it mandatory for URBN and its peers to also do that. And it's hard to create a physical marketplace without spending a lot so their hands are tied.Consumer spending habits have changed and it's a permanent one. The days of going to the mall to shop are fading as online retailing is taking over. This is not likely to change so companies like Urban Outfitters have to adjust to it or die. Valuing URBN StockSo for the last five years, Urban Outfitters stock has traded inside a massive seesaw from a $17 to $50. Currently it's it's almost in the middle of the range and therein lies part of the problem. These pivot areas on a stock chart are magnetic so on the way up they become resistance.Both bulls and bears agree on the value here so they fight it out hard thereby creating congestion in the price action. So Urban Outfitters stalling while attempting to breach $34 per share wasn't a surprise. This was the ledge from which the stock fell apart in December. Going through it and regaining the level will require more work from the bulls.In order for them to mount a secondary and successful attack at the line, the bulls will have to first hold support above $30 per share otherwise they will continue trading inside of descending channel of lower highs and lower lows eventually set a new low for the year.Luckily the upside of falling prices is in most cases that it creates value. Urban Outfitters stock trades at a 11x trailing P/E ratio, which is low in absolute terms and middle of the range in relative terms. It's cheaper than Macy's (NYSE:M) but more expensive than Abercrombie & Fitch (NYSE:ANF).So from an investment perspective, unless I want to commit to owning the shares for the super long term and hope it works out, there is no real reason to buy shares of URBN stock here. Without a catalyst, I fail to see the upside potential -- especially when it's already struggling in a rising equity market. The S&P 500 is up 15% for the year and almost setting new all-time highs, while Urban Outfitters stock is down 5% and can't snap out of its descending trend. The Bottom Line on Urban OutfittersThis is not the same as saying short the stock because I have nothing against the company or its prospects. I just don't like the price action it is going through. There is nothing about it that says turn around is coming without a catalyst. And just buying the stock and hoping it rebounds is more gambling than investing.Technically, there is also the threat of a weekly downside bearish scenario that could unfold. If we get a surprise dip in the stock market in general, Urban Outfitters stock could lose the $27.50-per-share level and that could trigger a major bearish pattern that would set new all-time lows. Although this is not a forecast it is a scenario that could unfold. * 7 Stocks That Can Outperform for Years For those who have been holding URBN stock for a while and haven't given up on it, it's probably okay to stay in it to see how the next few weeks on hold. However, if the price action continues to be bearish I would suggest buying some put protection from options just in case we get a Black Swan event that causes a big dip in the next few months. After all we're still facing global tariff wars with China and Europe.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 * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Urban Outfitters Stock Bounced Hard -- But Don't Buy Below $35 appeared first on InvestorPlace.

  • Moody's10 days ago

    GS Mortgage Securities Trust 2018-GS9 -- Moody's affirms seven classes of GSMS 2018-GS9

    Moody's rating action reflects a base expected loss of 4.8% of the current pooled balance. The loan is secured by the borrower's leasehold interest in five, Class A office buildings located in Tempe, Arizona.

  • Macy's Rolls Out Rotating STORY Boutiques to Boost Traffic
    Motley Fool11 days ago

    Macy's Rolls Out Rotating STORY Boutiques to Boost Traffic

    But investors should curb their expectations for how much this new retail concept will help revitalize Macy's stores.

  • Moody's13 days ago

    WFRBS Commercial Mortgage Trust 2014-C20 -- Moody's affirms ten classes of WFRBS 2014-C20

    The ratings on the nine 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 4.0% of the current pooled balance, compared to 4.5% at Moody's last review. Moody's base expected loss plus realized losses is now 3.4% of the original pooled balance, compared to 4.3% at the last review.

  • Macy's CEO responds to Bezos challenge
    American City Business Journals13 days ago

    Macy's CEO responds to Bezos challenge

    Macy's CEO Jeff Gennette told CNBC's Jim Cramer that the Cincinnati-based retailer used its tax savings to give all of its employees a bonus in response to Jeff Bezos' challenge that retailers match its employee compensation.

  • Macy's Wants to Tell a "Story," But Is Anyone Listening?
    Motley Fool14 days ago

    Macy's Wants to Tell a "Story," But Is Anyone Listening?

    The retailer wants to create a "real life" Instagram in its stores, but will this ambitious project pay off?

  • Stitch Fix Stock Is Beginning to Look a Lot Weaker
    InvestorPlace14 days ago

    Stitch Fix Stock Is Beginning to Look a Lot Weaker

    Several sources have announced that Stitch Fix (NASDAQ:SFIX) will lose one of its top executives. Chris Phillips, who heads men's and kids' clothing, will leave Stitch Fix to become CEO of Mizzen+Main. What effect, if any, this change will have on Stitch Fix stock remains unclear.Source: Stitch FixHowever, it may serve as a reminder of the competitive challenges that could threaten the company in the future. Stitch Fix's SuccessPut simply, I would not trade Stitch Fix stock based on Mr. Phillips leaving the company. Traders seem to agree. Despite this news, SFIX barely moved in Tuesday trading following the report.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, does this mean other clothing companies want to draw on the knowledge of Stitch Fix executives to compete using technology? Perhaps.Admittedly, using artificial intelligence (AI) to choose clothing based on a customer's individual preferences sounds compelling on the surface. Consequently, Wall Street forecasts revenue growth of 26.6% this year and 21.3% in 2020.Earnings also turned positive last year. Though profits will likely fall this year, analysts expect earnings growth of 22.7% next year, and earnings increases averaging 46.7% per year in later years.This growth has probably helped drive SFIX's multiple to elevated levels. Stitch Fix stock now trades at almost 99 times forward earnings. I urge caution at such multiples, even when justified by a firm's growth. However, this valuation does not necessarily mean Stitch Fix will fall. Can Stitch Fix Compete?The personnel change possibly speaks to a more significant concern about rising competition. I see little that would stop a Macy's (NYSE:M), Amazon (NASDAQ:AMZN), or now, Mizzen+Main, from offering a similar service. In fact, Nordstrom (NYSE:JWN) acquired an AI-based clothing selection system when it bought Trunk Club in 2014. However, Nordstrom later wrote down much of the value in Trunk Club.To its credit, Stitch Fix has built a competitive moat by bringing more than 1,000 brands into its ecosystem. Despite its reach, I would caution against viewing SFIX as the Roku (NASDAQ:ROKU), or the neutral arbiter of the clothing industry.I think my colleague Laura Hoy described the approach of Stitch Fix well in her comparison of the company to Blue Apron (NYSE:APRN). Like with Blue Apron in sending food items, I can see customers having reservations about SFIX sending clothing based on an AI-based assessment of one's clothing tastes.I also share Ms. Hoy's concerns about a service like this becoming a novelty. Stitch Fix's data offers a competitive advantage. However, I do not think it will permanently prevent customers from seeking self-driven choices outside of the Stitch Fix ecosystem. Until the company can prove that it can keep most of its customers, I would not recommend paying a premium valuation for SFIX stock. The Bottom Line on Stitch Fix StockThe departure of Chris Phillips to another company will not materially affect SFIX stock, but it does speak to the competitive dangers facing the company.SFIX remained largely unchanged in trading following the news. The company continues to drive consumer interest, revenue growth, and increasing profits with AI-based clothing choices.However, Nordstrom already uses the same type of technology. Other firms, including the one where Mr. Phillips will take over as CEO, could follow suit. Moreover, many consumers will probably not want machines making their clothing choices. Others may use it for a time and then switch back to more traditional shopping methods.Stitch Fix continues to manage itself well on the financial front. However, given the likely challenges in keeping customers in the Stitch Fix ecosystem long term, I see Stitch Fix stock as a trade at best.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * FAANNG Stocks, Ranked From Cheapest to Most Expensive * 7 Stocks With a Lot on the Line This Earnings Season * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Compare Brokers The post Stitch Fix Stock Is Beginning to Look a Lot Weaker appeared first on InvestorPlace.

  • CNBC14 days ago

    Macy's CEO responds to Jeff Bezos: We put our tax savings back into our employees

    "We decided to put [tax savings] back into the community of our colleagues," Macy's CEO Jeffrey Gennette says in an interview with Jim Cramer. "Every single colleague — all 130,000 — [got] a quarterly bonus as a result of the production of that store [or] that call center," he says in response to Amazon CEO Jeff Bezos' wages challenge. Macy's M used its savings from 2018 tax reform to create a "path for growth," CEO Jeffrey Gennette told CNBC Thursday.

  • 3 Stocks That Are Absurdly Cheap Right Now
    Motley Fool14 days ago

    3 Stocks That Are Absurdly Cheap Right Now

    Macy's, General Mills, and Markel are inexpensive stocks in an aging bull market.

  • What Analysts Expect from Nordstrom in 2019
    Market Realist15 days ago

    What Analysts Expect from Nordstrom in 2019

    Why KeyBanc Upgraded Nordstrom Stock(Continued from Prior Part)JWN’s performance in fiscal 2018 Nordstrom’s (JWN) revenue (including retail net sales and credit card income) rose 2.5% to $15.9 billion in fiscal 2018, which ended on February 2.

  • Why KeyBanc Upgraded Nordstrom Stock
    Market Realist15 days ago

    Why KeyBanc Upgraded Nordstrom Stock

    Why KeyBanc Upgraded Nordstrom StockRating upgradeNordstrom (JWN) stock rose 1.7% on April 10 after KeyBanc upgraded its rating to an “overweight” from a “sector weight.” Recent meetings between KeyBanc and Nordstrom’s copresident, Erik

  • Macy's jumps on report it may add office tower to flagship New York City store
    CNBC Videosyesterday

    Macy's jumps on report it may add office tower to flagship New York City store

    Shares of retailer Macy's rose 2% Wednesday, following a report by Bloomberg the retailer may build an office tower on top its flagship New York store. The reports are indication that the retailer may be further evaluating ways to make money off its expansive real estate portfolio. CNBC's Courtney Reagan reports.

  • Macy's CEO responds to Jeff Bezos: We put our tax savings back into our employees
    CNBC Videos14 days ago

    Macy's CEO responds to Jeff Bezos: We put our tax savings back into our employees

    Jim Cramer explains why the banking sector will set the tone when they kick off earnings season on Friday.

  • We put our tax savings back into our employees: Macy's CEO responds to Bezos
    CNBC Videos14 days ago

    We put our tax savings back into our employees: Macy's CEO responds to Bezos

    Jim Cramer explains why the banking sector will set the tone when they kick off earnings season on Friday.