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How to buy Macy’s stock (M)

Buy Macy’s stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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.

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  4. Search for the stock name – M. Search for the stock by name or ticker symbol.
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Macy’s stock price (NYSE: M)

Use our graph to track the performance of M stocks over time.

Macy’s shares at a glance

Information last updated 2024-06-28.
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) -6.27%
1 month (2024-05-31) -6.31%
3 months (2024-04-02) -4.25%
6 months (2024-01-02) -7.64%
1 year (2023-06-30) 13.71%
2 years (2022-06-30) -0.38%
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

21%

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".

M.US volatility(beta: 2.19)Avg. volatility(beta: 1.00)LowHigh

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

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