M Stock Summary and Trading Ideas (Macy's | NYSE:M)

Founded in 1858 and based in New York City, Macy's operates about 500 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and more than 160 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances constituted 62% of Macy's 2023 sales.

Macy's trades on the NYSE stock market under the symbol M.

As of January 31, 2025, M stock price declined to $15.58 with 5,639,589 million shares trading.

M has a beta of 0.96, meaning it tends to be less sensitive to market movements. M has a correlation of 0.09 to the broad based SPY ETF.

M has a market cap of $4.32 billion. This is considered a Mid Cap stock.

Last quarter Macy's reported $5 billion in Revenue and $.04 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.01.

In the last 3 years, M traded as high as $28.21 and as low as $10.54.

The top ETF exchange traded funds that M belongs to (by Net Assets): IJH, VTI, VB, AVUV, VBR.

M has underperformed the market in the last year with a return of -11.0%, while the SPY ETF gained +26.1%. In the last 3 month period, M fell short of the market, returning +2.7%, while SPY returned +6.2%. However, in the most recent 2 weeks M has outperformed the stock market by returning +11.4%, while SPY returned +0.7%.

M support price is $15.33 and resistance is $16.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that M shares will trade within this expected range on the day.