$17.82
Macy’s is a department stores business based in the US. Macy’s shares (M) are listed on the NYSE and all prices are listed in US Dollars. Macy’s employs 85,581 staff and has a trailing 12-month revenue of around $23.7 billion.
Our top picks for where to buy Macy’s stock
- No-cost financial planning and automated investing
- Trade stocks, options, ETFs, mutual funds, alternative asset funds
- $0 commission on stocks, ETFs and options, with no options contract fees
- Trade options, futures, options on futures, stocks, ETFs
- $0 commission to close options
- Pro-grade platform and risk analysis tools
- Trade stocks, ETFs and equity options without commission and $0 option contract fees
- Earn up to 8.1% APY on your uninvested cash
- Get a 1.5% match in cash on transferred assets up to $300 or up to 15 free fractional shares worth between $2 and $2,000
How to buy Macy’s stock
- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – M. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Buy Macy’s stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Macy’s stock price (NYSE: M)
Use our graph to track the performance of M stocks over time.Macy’s shares at a glance
Latest market close | $18.25 |
---|---|
52-week range | $10.27 - $21.90 |
50-day moving average | $19.06 |
200-day moving average | $17.15 |
Wall St. target price | $19.48 |
PE ratio | 623.3334 |
Dividend yield | $0.67 (3.72%) |
Earnings per share (TTM) | $0.03 |
Is it a good time to buy Macy’s stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Macy’s price performance over time
Historical closes compared with the close of $18.25 from 2024-07-01
1 week (2024-06-25) | |
---|---|
1 month (2024-05-31) | |
3 months (2024-04-02) | |
6 months (2024-01-02) |
1 year (2023-06-30) | |
---|---|
2 years (2022-06-30) | |
3 years (2021-07-02) | 18.62 |
5 years (2019-07-02) | 19.071 |
Is Macy’s stock undervalued or overvalued?
Valuing Macy’s stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Macy’s's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Macy’s's P/E ratio
Macy’s's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 623x. In other words, Macy’s shares trade at around 623x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Macy’s's PEG ratio
Macy’s's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9128. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Macy’s's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Macy’s's EBITDA
Macy’s's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.9 billion.
The EBITDA is a measure of a Macy’s's overall financial performance and is widely used to measure a its profitability.
Macy’s financials
Revenue TTM | $23.7 billion |
---|---|
Operating margin TTM | 2.94% |
Gross profit TTM | $10 billion |
Return on assets TTM | 4.7% |
Return on equity TTM | 0.29% |
Profit margin | 0.05% |
Book value | $15.14 |
Market Capitalization | $5.2 billion |
TTM: trailing 12 months
Macy’s share dividends
Dividend payout ratio: 21.26% of net profits
Recently Macy’s has paid out, on average, around 21.26% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.72% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Macy’s shareholders could enjoy a 3.72% return on their shares, in the form of dividend payments. In Macy’s's case, that would currently equate to about $0.67 per share.
While Macy’s's payout ratio might seem low, this can signify that Macy’s is investing more in its future growth.
Macy’s's most recent dividend payout was on 30 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2024 (the "ex-dividend date").
Have Macy’s's shares ever split?
Macy’s's shares were split on a 2:1 basis on 11 June 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Macy’s shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Macy’s shares which in turn could have impacted Macy’s's share price.
Macy’s share price volatility
Over the last 12 months, Macy’s's shares have ranged in value from as little as $10.2695 up to $21.8981. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Macy’s's is 2.19. This would suggest that Macy’s's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Macy’s overview
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.
Frequently asked questions
What percentage of Macy’s is owned by insiders or institutions?Currently 0.686% of Macy’s shares are held by insiders and 83.152% by institutions. How many people work for Macy’s?
Latest data suggests 85,581 work at Macy’s. When does the fiscal year end for Macy’s?
Macy’s's fiscal year ends in January. Where is Macy’s based?
Macy’s's address is: 151 West 34th Street, New York, NY, United States, 10001 What is Macy’s's ISIN number?
Macy’s's international securities identification number is: US55616P1049 What is Macy’s's CUSIP number?
Macy’s's Committee on Uniform Securities Identification Procedures number is: 31410H101
More guides on Finder
-
Best broker cash sweep rates for July 2024
Check out our picks for the brokers with the best cash sweep rates on uninvested cash.
-
6 best bitcoin ETFs to easily invest in bitcoin through your broker
We analyzed a number of bitcoin ETFs to determine which are best to invest in.
-
11 best trading platforms for beginners [July 2024]
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
-
6 best ETF brokers for low-cost fund investing [July 2024]
Check out our picks of the best ETF brokers for beginners, options trading, micro-investing and more.
-
5 best international stock brokers to invest in foreign assets
Want to buy and sell international stocks? Here are the top brokers to help you trade global markets.
-
9 best discount brokers for low-cost trading and investing [July 2024]
These are the best discount brokers of 2024 according to Finder’s comprehensive review.
-
5 best stock picking services of July 2024
Compare the 5 best stock picking services, according to Finder’s analysis, and learn how to choose the best option for your needs.
-
9 best robo-advisors for affordable, automated portfolio management
Check out our picks of the best robo-advisors for new and experienced investors alike.
-
12 best stock apps of July 2024 to elevate your mobile trading
Check out our picks of the best trading apps for beginners, options traders, hands-off investors and more.
-
11 best brokerage accounts of July 2024: Top picks for investors
Check out our picks of the best brokerage accounts for beginners, micro-investing, crypto trading and more.
Ask a Question