NYSE
M

Macy’s Inc

Department Stores
Consumer Cyclical

Prices are adjusted according to historical splits.

Macy’s Inc Stock Price

Vitals

Today's Low:
$11.46
Today's High:
$11.73
Open Price:
$11.53
52W Low:
$11.43
52W High:
$24.6455
Prev. Close:
$11.47
Volume:
9682923

Company Statistics

Market Cap.:
$3.13 billion
Book Value:
15.386
Revenue TTM:
$24.36 billion
Operating Margin TTM:
4.94%
Gross Profit TTM:
$10.00 billion
Profit Margin:
3.08%
Return on Assets TTM:
4.61%
Return on Equity TTM:
19.35%

Company Profile

Macy’s Inc had its IPO on 1992-02-05 under the ticker symbol M.

The company operates in the Consumer Cyclical sector and Department Stores industry. Macy’s Inc has a staff strength of 94,570 employees.

Stock update

Shares of Macy’s Inc opened at $11.53 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $11.46 - $11.73, and closed at $11.56.

This is a +0.78% increase from the previous day's closing price.

A total volume of 9,682,923 shares were traded at the close of the day’s session.

In the last one week, shares of Macy’s Inc have slipped by -4.86%.

Macy’s Inc's Key Ratios

Macy’s Inc has a market cap of $3.13 billion, indicating a price to book ratio of 1.6977 and a price to sales ratio of 0.2215.

In the last 12-months Macy’s Inc’s revenue was $24.36 billion with a gross profit of $10.00 billion and an EBITDA of $1.85 billion. The EBITDA ratio measures Macy’s Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Macy’s Inc’s operating margin was 4.94% while its return on assets stood at 4.61% with a return of equity of 19.35%.

In Q2.3333333333333, Macy’s Inc’s quarterly earnings growth was a negative -42.9% while revenue growth was a negative 9.5%.

Macy’s Inc’s PE and PEG Ratio

Forward PE
5.1813
Trailing PE
4.2481
PEG
0.9128

Its diluted EPS in the last 12-months stands at $2.7 per share while it has a forward price to earnings multiple of 5.1813 and a PEG multiple of 0.9128. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Macy’s Inc’s profitability.

Macy’s Inc stock is trading at a EV to sales ratio of 0.4567 and a EV to EBITDA ratio of 4.0652. Its price to sales ratio in the trailing 12-months stood at 0.2215.

Macy’s Inc stock pays annual dividends of $0.646 per share, indicating a yield of 5.6% and a payout ratio of 11.27%.

Balance sheet and cash flow metrics

Total Assets
$16.30 billion
Total Liabilities
$4.18 billion
Operating Cash Flow
$-531000000.00
Capital Expenditure
$268 million
Dividend Payout Ratio
11.27%

Macy’s Inc ended 2024 with $16.30 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $16.30 billion while shareholder equity stood at $4.21 billion.

Macy’s Inc ended 2024 with $933.00 million in deferred long-term liabilities, $4.18 billion in other current liabilities, 3000000.00 in common stock, $6.31 billion in retained earnings and $828.00 million in goodwill. Its cash balance stood at $438.00 million and cash and short-term investments were $438.00 million. The company’s total short-term debt was $0 while long-term debt stood at $3.00 billion.

Macy’s Inc’s total current assets stands at $5.27 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $293.00 million compared to accounts payable of $4.18 billion and inventory worth $4.13 billion.

In 2024, Macy’s Inc's operating cash flow was $-531000000.00 while its capital expenditure stood at $268 million.

Comparatively, Macy’s Inc paid $0.11 in dividends in 2024.

Other key metrics

Current Trading Price
$11.56
52-Week High
$24.6455
52-Week Low
$11.43
Analyst Target Price
$17.83

Macy’s Inc stock is currently trading at $11.56 per share. It touched a 52-week high of $24.6455 and a 52-week low of $24.6455. Analysts tracking the stock have a 12-month average target price of $17.83.

Its 50-day moving average was $14.78 and 200-day moving average was $17.82 The short ratio stood at 2.83 indicating a short percent outstanding of 0%.

Around 59.4% of the company’s stock are held by insiders while 8380.2% are held by institutions.

Frequently Asked Questions About Macy’s Inc

The stock symbol (also called stock or share ticker) of Macy’s Inc is M

The IPO of Macy’s Inc took place on 1992-02-05

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About

Macy’s, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy’s, Bloomingdale’s, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. The company was founded in 1830 and is based in New York, New York.

Address

151 West 34th Street, New York, NY, United States, 10001