MACY'S INC (M) Stock Price, Quote, News and Overview
NYSE:M - New York Stock Exchange, Inc. - US55616P1049 - Common Stock - Currency: USD
M Quote, Performance and Key Statistics
MACY'S INC
NYSE:M (2/5/2025, 3:15:06 PM)
14.845
-0.23 (-1.56%)
The current stock price of M is 14.845 USD. In the past month the price decreased by -10.34%. In the past year, price decreased by -20.96%.
M Latest News, Press Releases and Analysis
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Macy's Stock Dips After Lower Sales Outlook: Retail Mood Sours
The company now expects fourth-quarter 2024 adjusted diluted earnings per share to be in-line with its previously issued range of $1.40 to $1.65
Why Macy's (M) Stock Is Down Today
Shares of department store chain Macy’s (NYSE:M) fell 7.3% in the afternoon session after the company disclosed disappointing preliminary fourth-quarter results, projecting sales to fall just below the lower end of its earlier forecast of $7.8 billion to $8.0 billion. Notably, same-store sales are expected to remain flat compared to the previous year. In addition, earnings are expected to remain within the previous range of $1.40 to $1.65. Overall, the results were underwhelming, given the some high expectations for holiday season spending. However, Macy's wasn't the only one to report weak holiday demand, as Five Below and Abercrombie & Fitch also didn't see the success that the market expected.
Why Is Department Store Chain Macy's Stock Sliding Today?
Macy’s, Inc. (NYSE:M) shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth-quarter net sales to reach, or slightly fall below, the lower end of the previously projected outlook of $7.8 billion – $8.0 billion and compared to the estimate of $7.885 billion. The company now anticipates its adjusted earnings per share for the fourth quarter to remain within its earlier forecast of $1.40 –
Why Is Department Store Chain Macy's Stock Sliding Today?
Macy's updates its fiscal Q4 guidance, revealing strong growth in its First 50 stores and luxury segments, while non-First 50 locations underperformed. The company sees net sales near the lower end of $7.8 billion to $8.0 billion.
M Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| AMZN | AMAZON.COM INC | 50.54 | 2481.65B | ||
| BABA | ALIBABA GROUP HOLDING-SP ADR | 11.87 | 235.76B | ||
| PDD | PDD HOLDINGS INC | 10.03 | 153.43B | ||
| MELI | MERCADOLIBRE INC | 69.38 | 99.69B | ||
| JD | JD.COM INC-ADR | 9.49 | 57.63B | ||
| CPNG | COUPANG INC | 119.88 | 43.13B | ||
| EBAY | EBAY INC | 14.41 | 32.37B | ||
| QRTEP | QURATE RETAIL INC - QRTEA 8 03/15/31 | 124.13 | 14.78B | ||
| GLBE | GLOBAL-E ONLINE LTD | N/A | 10.02B | ||
| DDS | DILLARDS INC-CL A | 12.19 | 7.53B | ||
| VIPS | VIPSHOP HOLDINGS LTD - ADR | 6.22 | 7.41B | ||
| MNSO | MINISO GROUP HOLDING LTD-ADR | 20.41 | 7.01B |
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About M
Company Profile
Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The company is headquartered in New York City, New York and currently employs 85,581 full-time employees. The firm operates stores, websites and mobile applications under three brands, Macy's, Bloomingdale's and Bluemercury, which sell a range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The firm has stores in 43 states, the District of Columbia, Puerto Rico and Guam. Its operations are conducted through Macy's, Macy's Backstage, Macy's small format, Bloomingdale's, Bloomingdale's The Outlet, Bloomie's, and Bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Belgique, Cerulean 6, Charter Club, Club Room, Epic Threads, Family PJ's, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, and others.
Company Info
MACY'S INC
151 West 34Th Street
New York City NEW YORK 10001 US
CEO: Jeff Gennette
Employees: 85581
Company Website: https://www.macysinc.com/overview/default.aspx
Investor Relations: https://www.macysinc.com/investors/default.aspx
Phone: 15135797585
M FAQ
What is the stock price of M?
The current stock price of M is 14.845 USD.
What is the symbol for MACY'S INC stock?
The exchange symbol of MACY'S INC is M and it is listed on the New York Stock Exchange, Inc. exchange.
On which exchange is M stock listed?
M stock is listed on the New York Stock Exchange, Inc. exchange.
Is M a good stock to buy?
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for M, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of M.
Does M stock pay dividends?
M has a dividend yield of 4.41%. The yearly dividend amount is currently 0.66.
What is the Price/Earnings (PE) ratio of M?
The PE ratio for M is 4.51. This is based on the reported non-GAAP earnings per share of 3.29 and the current share price of 14.845 USD.
What is the Short Interest ratio of M stock?
The outstanding short interest for M is 6.05% of its float.
M Technical Analysis
M Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to M. While M is still in line with the averages on profitability rating, there are concerns on its financial health.
M Financial Highlights
Over the last trailing twelve months M reported a non-GAAP Earnings per Share(EPS) of 3.29. The EPS decreased by 20.07% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 0.73% | ||
| ROA | 0.98% | ||
| ROE | 4.1% | ||
| Debt/Equity | 0.67 |
M Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 70% to M. The Buy consensus is the average rating of analysts ratings from 21 analysts.
For the next year, analysts expect an EPS growth of -29.68% and a revenue growth -3.17% for M