Macy's (WBAG:MACY) - Stock Price, News & Analysis

MACY Stock Overview

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States.

About the company

MACY fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 47.2% below our estimate of its fair value

Earnings are forecast to grow 25.58% per year

Risk Analysis

Highly volatile share price over the past 3 months

Significant insider selling over the past 3 months

Has a high level of debt

Dividend of 3.71% is not well covered by earnings

+ 2 more risks

Macy's, Inc. Competitors

Canadian Tire Corporation

TSX:CTC.A

CA$7.9b

Falabella

SNSE:FALABELLA

CL$6.2t

B&M European Value Retail

LSE:BME

UK£5.3b

Central Retail Corporation

SET:CRC

฿203.5b

Price History & Performance

Summary of all time highs, changes and price drops for Macy's
Historical stock prices
Current Share Price	US$17.51
52 Week High	US$19.92
52 Week Low	US$9.99
Beta	2.19
1 Month Change	-7.40%
3 Month Change	6.35%
1 Year Change	13.63%
3 Year Change	26.75%
5 Year Change	-19.01%
Change since IPO	-30.76%

Recent updates

Shareholder Returns

	MACY	AT Multiline Retail	AT Market
7D	-1.2%	-1.6%	-0.04%
1Y	13.6%	-5.5%	2.2%

Return vs Industry: MACY exceeded the Austrian Multiline Retail industry which returned -5.5% over the past year.

Return vs Market: MACY exceeded the Austrian Market which returned 2.2% over the past year.

Price Volatility

Is MACY's price volatile compared to industry and market?
MACY volatility
MACY Average Weekly Movement	6.7%
Multiline Retail Industry Average Movement	4.6%
Market Average Movement	3.3%
10% most volatile stocks in AT Market	5.0%
10% least volatile stocks in AT Market	1.6%

Stable Share Price: MACY has not had significant price volatility in the past 3 months.

Volatility Over Time: MACY's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Austrian stocks.

About the Company

Founded	Employees	CEO	Website
1830	85,581	Tony Spring	www.macysinc.com

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.

Macy's, Inc. Fundamentals Summary

How do Macy's's earnings and revenue compare to its market cap?
MACY fundamental statistics
Market cap	€4.79b
Earnings (TTM)	€98.57m
Revenue (TTM)	€22.41b

49.1x

P/E Ratio

0.2x

P/S Ratio

Is MACY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MACY income statement (TTM)
Revenue	US$23.87b
Cost of Revenue	US$14.14b
Gross Profit	US$9.72b
Other Expenses	US$9.62b
Earnings	US$105.00m

Last Reported Earnings

Feb 03, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.38
Gross Margin	40.74%
Net Profit Margin	0.44%
Debt/Equity Ratio	72.5%

How did MACY perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

173%

Payout Ratio

MACY Stock Overview

Rewards

Risk Analysis

Macy's, Inc. Competitors

TSX:CTC.A

CA$7.9b

SNSE:FALABELLA

CL$6.2t

LSE:BME

UK£5.3b

SET:CRC

฿203.5b

Price History & Performance

Recent News & Updates

Macy's, Inc. Announces Board Changes

Arkhouse Management Provides Information to Shareholders of Macy’s

Chairman recently sold €1.5m worth of stock

Arkhouse Holds Due Diligence Talks with Macy's

Upcoming dividend of US$0.17 per share

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Recent updates

Macy's, Inc. Announces Board Changes

Arkhouse Management Provides Information to Shareholders of Macy’s

Chairman recently sold €1.5m worth of stock

Arkhouse Holds Due Diligence Talks with Macy's

Upcoming dividend of US$0.17 per share

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Full year 2024 earnings released: EPS: US$0.38 (vs US$4.29 in FY 2023)

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Macy's, Inc., Annual General Meeting, May 17, 2024

Macy's, Inc. Provides Earnings Guidance for the Year 2024

Macy's, Inc. Declares Quarterly Dividend, Payable on April 1, 2024

Macy's, Inc. to Report Q4, 2024 Results on Feb 27, 2024

Man Sues EssilorLuxottica , Macy’s over False Imprisonment, Sexual Assault

Brigade Capital Management, LP and Arkhouse Management Co., LP cancelled the acquisition of the remaining shares of Macy's, Inc. (NYSE:M).

Macy's Mulls $5.8 Billion Buyout Offer

Investor sentiment improves as stock rises 20%

Upcoming dividend of US$0.17 per share at 4.0% yield

Macy's, Inc. Names Tracy Preston as Chief Legal Officer, Effective January 8, 2024

Macy’S, Inc. Names Sharon Otterman Chief Marketing Officer, Effective on December 11, 2023

Third quarter 2024 earnings released: EPS: US$0.16 (vs US$0.40 in 3Q 2023)

Macy's, Inc. Revises Earnings Guidance for the Year 2023

Investor sentiment deteriorates as stock falls 15%

Macy's, Inc. Announces Executive Changes

Macy’S, Inc. Board of Directors Declares Quarterly Dividend, Payable on January 2, 2024

Macy's, Inc. to Report Q3, 2024 Results on Nov 16, 2023

Macy's Launches New Digital Fashion Platform - Mstylelab

Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale’s

Upcoming dividend of US$0.17 per share at 5.6% yield

Macy’S, Inc. Declares Quarterly Dividend, Payable October 2, 2023

Macy's, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2024 earnings released: US$0.08 loss per share (vs US$1.01 profit in 2Q 2023)

Macy’s, Inc. Names Massimo (Max) Magni Chief Customer and Digital Officer

Hotel Collection Takes Stand Against Macy's in Trademark Dispute

Macy's, Inc. to Report Q2, 2024 Results on Aug 22, 2023

Macy's Unveils on 34th as Part of its Reimagined Brand Portfolio

Settlement Reaches with Macy's Inc., Macy's Retail Holdings, Inc. n/k/a Macy's Retail Holdings, LLC, Macy's West Stores, Inc. n/k/a Macy's Retail Holdings, LLC, and Macys.Com, LLC in Class Action Lawsuit

Investor sentiment improves as stock rises 19%

Upcoming dividend of US$0.17 per share at 4.2% yield

Macy's, Inc. Declares Its Regular Quarterly Dividend, Payable on July 3, 2023

First quarter 2024 earnings released: EPS: US$0.57 (vs US$1.01 in 1Q 2023)

Macy's, Inc. Revises Earnings Guidance for the Fiscal Year 2023

Macy's, Inc. Announces Retirement of Elisa D. Garcia as Executive Vice President, Chief Legal Officer and Secretary

Macy's, Inc. to Report Q1, 2024 Results on Jun 01, 2023

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of US$0.17 per share at 2.9% yield

Full year 2023 earnings released: EPS: US$4.29 (vs US$4.66 in FY 2022)

Macy's, Inc. and Shash Diné Launch Limited Edition Home Designs for the Hotel Collection

Macy's, Inc. to Report Fiscal Year 2023 Results on Mar 02, 2023

Macy's, Inc. Revises Earnings Guidance for the Fourth Quarter of 2022

Now 22% undervalued

Upcoming dividend of US$0.16 per share

Third quarter 2023 earnings released: EPS: US$0.40 (vs US$0.78 in 3Q 2022)

Macy's, Inc. Reaffirms Sales Guidance for the Year 2022

Macy's, Inc. Declares Regular Quarterly Dividend, Payable on January 3, 2023

Upcoming dividend of US$0.16 per share

Macy's, Inc. Appoints Pam Quintiliano as Head of Investor Relations, Effective September 12, 2022

Macy’s, Inc. Declares Quarterly Dividend, Payable on October 3, 2022

Macy's, Inc. Provides Sales Guidance for the Third Quarter of 2022

Second quarter 2023 earnings released: EPS: US$1.01 (vs US$1.10 in 2Q 2022)