Macy's Stock Price | M Stock Quote, News, and History | Markets Insider (2024)

19.19+0.49+2.62%

03:59:59 PM EDT 6/28/2024BTT

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On Thursday 06/27/2024 the closing price of the Macy's Inc share was $18.70 on BTT.Compared to the opening price on Thursday 06/27/2024 on BTT of $18.63, this is a gain of 0.40%.Macy's Inc's market capitalization is $5.31 B by 276.41 M shares outstanding.

Is Macy's stock a Buy, Sell or Hold?Macy's stock has received a consensus rating of buy. The average rating score is and is based on 24 buy ratings, 16 hold ratings, and 6 sell ratings.
What was the 52-week low for Macy's stock?The low in the last 52 weeks of Macy's stock was 10.55. According to the current price, Macy's is 181.98% away from the 52-week low.
What was the 52-week high for Macy's stock?The high in the last 52 weeks of Macy's stock was 22.08. According to the current price, Macy's is 86.91% away from the 52-week high.
What are analysts forecasts for Macy's stock?The 46 analysts offering price forecasts for Macy's have a median target of 20.50, with a high estimate of 30.00 and a low estimate of 10.00. The median estimate represents a 93.61 difference from the last price of 19.19.

Macys Stock Snapshot

19.18

Bid

100.00

Bid Size

19.19

Ask

6/28/2024

Date

3:59 PM

Time

0.00

Volume

18.70

Prev. Close

0.00

Open

5.30 B

Market Cap in USD

276.41 M

Number of Shares

10.55

52 Week Low

22.08

52 Week High

19.19

0.64

Dividend in USD

3.42

Dividend Yield

49.36

P/E Ratio

99.26

Free Float in %

0.38

EPS in USD

15.09

Book Value per Share in USD

4.69

Cash Flow per Share in USD

Historical Prices for Macy's

Loading..
DateOpenCloseDaily HighDaily Low

Price change over selected period:0%0

Macy's Analyst Data

Total Analysts: 46

Buy Ratings: 24 Neutral Ratings: 16 Sell Ratings: 6

Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}

Price *Price Target

Lowest: 10.00 Median: 20.50 Highest: 30.00

*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Macy's Analyst Opinions

  • All
  • Buy
  • Hold
  • Sell
DateAnalystRatingPrice
05/22/24J.P. MorganMaintained Buy$27gut
05/21/24Telsey Advisory GroupMaintained Buy$21gut
03/28/24Telsey Advisory GroupMaintained Buy$21gut
03/11/24J.P. MorganMaintained Buy$25gut
02/28/24Morgan StanleyMaintained Hold$20neutral
02/28/24Goldman SachsMaintained Buy$22gut
02/28/24Telsey Advisory GroupMaintained Buy$21gut
02/21/24Telsey Advisory GroupMaintained Buy$15gut
02/02/24Citigroup Corp.Upgraded to Hold$18neutral
12/12/23Citigroup Corp.Downgraded to Sell$14schlecht
11/17/23J.P. MorganMaintained Buy$19gut
11/17/23Telsey Advisory GroupMaintained Buy$15gut
11/07/23EvercoreMaintained Hold$13neutral
09/27/23Gordon HaskettDowngraded to Hold$13neutral
08/23/23Goldman SachsMaintained Buy$17gut
08/23/23UBSMaintained Sell$10schlecht
08/23/23Bank of America Merrill LynchMaintained Sell$12schlecht
08/23/23Citigroup Corp.Maintained Hold$13neutral
08/22/23Telsey Advisory GroupMaintained Buy$16gut
08/15/23Telsey Advisory GroupMaintained Buy$16gut
08/07/23Morgan StanleyMaintained Hold$15neutral
06/07/23UBSMaintained Sell$12schlecht
06/02/23Citigroup Corp.Maintained Hold$15neutral
06/02/23Goldman SachsMaintained Buy$23gut
06/01/23Telsey Advisory GroupMaintained Buy$25gut
05/24/23Telsey Advisory GroupMaintained Buy$25gut
05/17/23Goldman SachsMaintained Buy$26gut
04/03/23J.P. MorganUpgraded to Buy$29gut
03/30/23Telsey Advisory GroupMaintained Buy$25gut
03/29/23Gordon HaskettDowngraded to Hold$18neutral
03/03/23Morgan StanleyMaintained Hold$23neutral
03/03/23J.P. MorganMaintained Hold$28neutral
03/03/23Credit SuisseMaintained Sell$20schlecht
03/03/23Telsey Advisory GroupMaintained Buy$25gut
02/24/23Telsey Advisory GroupMaintained Buy$25gut
02/23/23Citigroup Corp.Maintained Hold$23neutral
01/30/23Goldman SachsMaintained Buy$28gut
01/23/23J.P. MorganMaintained Hold$26neutral
11/18/22Deutsche BankMaintained Hold$24neutral
11/18/22Citigroup Corp.Maintained Hold$25neutral
11/09/22OTR GlobalUpgraded to Buygut
09/15/22Jefferies & Company Inc.Maintained Buy$23gut
08/24/22EvercoreMaintained Buy$30gut
08/24/22Morgan StanleyMaintained Hold$21neutral
08/24/22Citigroup Corp.Maintained Hold$21neutral
08/24/22Telsey Advisory GroupMaintained Buy$25gut
07/07/22Bank of America Merrill LynchMaintained Sell$15schlecht

Macy's Estimates* in USD

2024202520262027
Revenue23,04122,52022,04118,130
Dividend0.660.680.700.73
Dividend Yield (in %)3.47 %3.56 %3.64 %3.81 %
EPS3.032.812.772.50
P/E Ratio6.346.826.937.69
EBIT1,2491,1701,108916
EBITDA2,1342,0541,9991,803
Net Profit853788746623
Net Profit Adjusted-776739623
Pre-Tax Profit1,0581,048986821
Net Profit (Adjusted)1,0161,0361,0521,366
EPS (Non-GAAP) ex. SOE3.032.812.772.50
EPS (GAAP)2.772.782.642.05
Gross Income8,9968,8598,9907,345
Cash Flow from Investing-950-875-850489
Cash Flow from Operations1,0911,3121,7091,954
Cash Flow from Financing-198-177-472-
Cash Flow per Share5.255.335.925.39
Free Cash Flow3761,3111,132921
Free Cash Flow per Share3.987.724.99-
Book Value per Share17.2717.1718.5218.75
Net Debt2,1812,6332,0702,701
Research & Development Exp.----
Capital Expenditure979889855750
Selling, General & Admin. Exp.8,3868,4378,412-
Shareholder’s Equity4,5294,5984,7364,468
Total Assets16,68716,33416,686-
Previous Quarter
ending 03/31/24
Current Quarter
ending 06/30/24
Next Quarter
ending 09/30/24
Current Year
ending 01/31/24
Next Year
ending 01/31/25
Earnings Estimates
No. of Analysts---1011
Average Estimate---3.026 USD2.813 USD
Year Ago---4.285 USD0.383 USD
Publish Date---5/17/2024-
Revenue Estimates
No. of Analysts---57
Average Estimate---23,041 USD22,520 USD
Year Ago---25,305 USD23,866 USD
Publish Date---5/17/2024-

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. USD

2024 2023 2022 2021 2020 2019 2018
Sales 23,866.00 25,305.00 25,292.00 18,097.00 25,331.00 25,739.00 24,837.00
Change of sales in % -5.69 0.05 39.76 -28.56 -1.59 3.63 -3.65
Gross profit on sales 9,723.00 9,999.00 9,462.00 4,852.00 9,179.00 9,562.00 8,694.00
Gross profit on sales change in % -2.76 5.68 95.01 -47.14 -4.01 9.98 -4.45
Operating income 1,348.00 1,682.00 2,289.00 -956.00 1,162.00 1,485.00 1,554.00
Operating income change in % -19.86 -26.52 - - -21.75 -4.44 -7.66
Income before tax 124.00 1,518.00 1,866.00 -4,790.00 728.00 1,420.00 1,507.00
Income before tax change in % -91.83 -18.65 - - -48.73 -5.77 58.30
Income after tax 105.00 1,177.00 1,430.00 -3,944.00 564.00 1,108.00 1,547.00
Income after tax change in % -91.08 -17.69 - - -49.10 -28.38 149.92

Balance Sheet in Mio. USD

2024 2023 2022 2021 2020 2019 2018
Total liabilities 13,286.00 13,999.00 15,230.00 16,543.00 16,206.00 13,427.00 14,391.00
Long-term liabilities per share 32.29 33.68 33.57 36.03 33.83 26.65 30.57
Equity 4,137.00 4,082.00 3,621.00 2,553.00 6,377.00 6,436.00 5,661.00
Equity change in % 1.35 12.73 41.83 -59.97 -0.92 13.45 31.23
Balance sheet total 17,423.00 18,081.00 18,851.00 19,096.00 22,583.00 19,863.00 20,052.00
Balance sheet total change in % -3.64 -4.08 -1.28 -15.44 13.69 -0.94 -5.25

Key Data in USD

2024 2023 2022 2021 2020 2019 2018
Sales per share 85.79 90.02 80.55 58.17 81.35 82.66 80.96
P/E ratio (year end quote, basic EPS) 49.36 5.51 5.59 - 8.81 7.23 4.94
P/E ratio (ear end quote, diluted EPS) 49.36 5.51 5.59 - 8.81 7.23 4.94
P/E ratio (year end quote) 49.36 5.51 5.59 - 8.81 7.23 4.94
Dividend yield in % 3.42 1.98 0.00 2.51 9.47 5.87 6.07
Equity ratio in % 23.74 22.58 19.21 13.37 28.24 32.40 28.29
Debt ratio in % 76.26 77.42 80.79 86.63 71.76 67.60 71.77

Macy's Insider Activity

NameDateshares tradedshares heldPricetype (sell/buy)option
Spring Antony03/25/20245,754.00235,169.1119.43Sell No
Griscom Paul03/25/2024918.0024,360.0019.43Sell No
Mitchell Adrian V03/25/20244,813.00110,152.0019.43Sell No
Kirgan Danielle L.03/25/20247,063.00318,451.0019.43Sell No
Gennette Jeffrey03/25/202427,132.001,043,041.0019.44Sell No
Kirgan Danielle L.03/24/20243,274.00311,820.0020.28Sell No
Griscom Paul03/24/2024340.0022,235.0020.29Sell No
Gennette Jeffrey03/24/202419,609.001,015,015.0020.28Sell No
Mitchell Adrian V03/24/20243,437.00104,200.0020.28Sell No
Spring Antony03/24/20243,075.00228,750.1120.28Sell No
Spring Antony03/24/202412,173.00240,923.11n/aBuy No
Griscom Paul03/24/20243,043.0025,278.00n/aBuy No
Mitchell Adrian V03/24/202410,765.00114,965.00n/aBuy No
Kirgan Danielle L.03/24/202413,694.00325,514.00n/aBuy No
Gennette Jeffrey03/24/202455,158.001,070,173.00n/aBuy No
Kirgan Danielle L.03/23/20248,539.00315,094.00n/aBuy No
Griscom Paul03/23/20241,139.0022,575.00n/aBuy No
Gennette Jeffrey03/23/202440,323.001,034,624.00n/aBuy No
Mitchell Adrian V03/23/20248,539.00107,637.00n/aBuy No
Spring Antony03/23/20248,539.00231,825.11n/aBuy No
Kirgan Danielle L.03/21/202415,070.00306,555.0020.42Sell No
Gennette Jeffrey03/21/202478,567.00994,301.0020.42Sell No
Mitchell Adrian V03/21/202413,249.0099,098.0020.42Sell No
Spring Antony03/21/202413,404.00223,286.1120.42Sell No
Griscom Paul03/21/20242,969.0021,436.0020.43Sell No

Macys Dividend Calendar

Date Name Dividend *yield Currency
2024 Macy's Inc 0.64 3.42 USD
2023 Macy's Inc 0.46 1.98 USD
2022 Macy's Inc 0.00 0.00 USD
2021 Macy's Inc 0.38 2.51 USD
2020 Macy's Inc 1.51 9.47 USD
2019 Macy's Inc 1.51 5.87 USD
2018 Macy's Inc 1.51 6.07 USD
2017 Macy's Inc 1.49 5.13 USD
2016 Macy's Inc 1.39 3.45 USD
2015 Macy's Inc 1.19 1.86 USD
2014 Macy's Inc 0.95 1.79 USD
2013 Macy's Inc 0.80 2.02 USD
2012 Macy's Inc 0.35 1.03 USD
2011 Macy's Inc 0.20 0.87 USD
2010 Macy's Inc 0.20 1.26 USD
2009 Macy's Inc 0.53 5.89 USD
2008 Macy's Inc 0.52 1.88 USD
2007 Macy's Inc 0.51 1.23 USD
2006 Macy's Inc 0.39 1.17 USD
2005 Macy's Inc 0.27 0.95 USD
2004 Macy's Inc 0.19 0.80 USD
2003 Macy's Inc 0.00 0.00 USD
2002 Macy's Inc 0.00 0.00 USD
2001 Macy's Inc 0.00 0.00 USD
2000 Macy's Inc 0.00 0.00 USD
1999 Macy's Inc 0.00 0.00 USD

*Yield of the Respective Date

Macy's Inc Calendar

EventEstimateInfoDate
Earnings Report- Q2 2024 Earnings Release08/15/2024
Earnings Report- Q3 2024 Earnings Release11/14/2024
Earnings Report- Q4 2024 Earnings Release03/04/2025
Earnings Report- Q1 2025 Earnings Release05/14/2025

Macy's Inc Past Events

EventActual EPSInfoDate
Earnings Report -0.258 USDQ1 2024 Earnings Release05/21/2024
Press Conference --11/16/2023
Press Conference --08/22/2023

Macy's Profile

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.

Moody’s Daily Credit Risk Score

Risk

  • Low
  • Medium
  • High

8

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’sbalance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of creditrisk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes intoaccount day-to-day movements in market value compared to a company’s liability structure.

Macy's Shareholder

Ownerin %
Freefloat99.26
The Vanguard Group, Inc.12.65
Vanguard Group, Inc. (Subfiler)12.19
BlackRock Fund Advisors4.93
Dimensional Fund Advisors LP (13F Subfiler)4.84
Nomura Securities Co., Ltd. (Private Banking)4.48
Arrowstreet Capital LP3.99
State Street Corp.3.82
Vanguard Total Stock Market ETF3.14
iShares Core S&P Mid Cap ETF3.13
BlackRock Institutional Trust Co. NA3.03
Newport Trust Co.2.70
Vanguard Small Cap Index Fund2.53
Nomura Holdings, Inc.2.32
Vanguard Equity Income Fund2.08

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Macy's Stock Price | M Stock Quote, News, and History | Markets Insider (2024)
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