No headlines found.
BLOOMINGDALE'S LAUNCHES "CAMP BLOOMINGDALE'S"
PRNewswire (Thu, 11-Apr 12:21 PM ET)
Arkhouse Issues Statement on Settlement with Macy's
Business Wire (Wed, 10-Apr 8:33 AM ET)
Macy's, Inc. Appoints Richard Clark and Richard L. Markee to Board of Directors
Business Wire (Wed, 10-Apr 8:30 AM ET)
Spring Blossoms at the Macy's Flower Show
Business Wire (Mon, 18-Mar 10:00 AM ET)
Macy's, Inc. Nominates Douglas W. Sesler for Election to Board of Directors
Business Wire (Thu, 14-Mar 5:00 PM ET)
Macy's, Inc. Names Michael Krans Vice President, Macy's Media Network
Business Wire (Mon, 11-Mar 9:16 AM ET)
Business Wire (Sun, 3-Mar 6:41 PM ET)
Arkhouse and Brigade Capital Increase Offer to Acquire Macy's to $24.00 Per Share
Business Wire (Sun, 3-Mar 6:00 PM ET)
Business Wire (Tue, 27-Feb 6:55 AM ET)
Macy's, Inc. Reports Fourth Quarter and Full-Year 2023 Results
Business Wire (Tue, 27-Feb 6:55 AM ET)
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 159 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 composed 62% of Macy's 2023 sales.
Macy's trades on the NYSE stock market under the symbol M.
As of April 25, 2024, M stock price declined to $18.40 with 701,715 million shares trading.
M has a beta of 1.07, meaning it tends to be more sensitive to market movements. M has a correlation of 0.05 to the broad based SPY ETF.
M has a market cap of $5.04 billion. This is considered a Mid Cap stock.
Last quarter Macy's reported $8 billion in Revenue and $2.45 earnings per share. This fell short of revenue expectation by $-30 million and exceeded earnings estimates by $.49.
In the last 3 years, M stock traded as high as $37.95 and as low as $10.54.
The top ETF exchange traded funds that M belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.
M has underperformed the market in the last year with a price return of +11.8% while the SPY ETF gained +22.6%. M has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.4% and -8.9%, respectively, while the SPY returned +3.1% and -2.9%, respectively.
M support price is $18.27 and resistance is $19.19 (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 stock will trade within this expected range on the day.