Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents
Southern Energy Corp. Announces Fourth Quarter and Year End 2023 Financial and Operating Results A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say Macy's proxy fight is over, but the battle for the department store's future wages on Final Trade: BA, JPM, KBW & M Macy's Appoints Activist Investor Board Picks, Ending Proxy Fight Macy's Appoints Two New Directors, Continues Talks With Arkhouse & Brigade Macy'sadds 2 new directors to board, ending fight with activist investors Department stores face another squeeze. This time, in store credit card revenue Macy's just moved closer to going private: find out more Macy's Names Two Arkhouse Nominees to Board Macy's Appoints Two Arkhouse Candidates to Board, Reaches Settlement Macy's appoints two new directors; ends proxy contest with Arkhouse Macy's settles proxy fight with activist Arkhouse, adds two directors Macy's to add two Arkhouse nominees to board as firm ends its proxy contest Arkhouse Issues Statement on Settlement with Macy's Macy's, Inc. Appoints Richard Clark and Richard L. Markee to Board of Directors Macy's shutdowns: How other retail competitors are smelling opportunity Macy's hasn't closed its stores yet. But Target, Kohl's CEOs already smell opportunity How Will Macy's Survive - A Sign Of Hard Times For Department Stores Retail expert: Discount stores are thriving amid inflation Season of change for retailers? Former J. Crew CEO Mickey Drexler on the state of retail Final Trades: JNJ, M, IYH & CLF Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next. TD SYNNEX Reports Fiscal 2024 First Quarter Results; Announces New $2B Share Repurchase Authorization Macy's, Nordstrom Eye Private Ownership While Adapting to Retail Market FAQs References

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (1)

Southern Energy Corp. Announces Fourth Quarter and Year End 2023 Financial and Operating Results

CALGARY, AB / ACCESSWIRE / April 26, 2024 / Southern Energy Corp. (" Southern " or the " Company ") (TSXV:SOU)(AIM:SOUC)(OTCQX:SOUTF), an established producer with natural gas and light oil assets in ...

5 days ago - Accesswire

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (2)

A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say

A decade ago, Amazon.com was all the worry in the retail industry — and retailers, to some degree, adapted. But UBS analysts have suggested that e-commerce isn't done with the brick-and-mortar store j...

Other symbols: BYONDECKJWNKSSONONTGTWMT

6 days ago - Market Watch

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (3)

Macy's proxy fight is over, but the battle for the department store's future wages on

CEO Tony Spring is on the clock to execute a turnaround vision with potential buyers pressing ahead with a bid to take Macy's private.

18 days ago - CNBC

Final Trade: BA, JPM, KBW & M

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: BAJPMKBWB

20 days ago - CNBC Television

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (4)

Macy's Appoints Activist Investor Board Picks, Ending Proxy Fight

Macy's (M) on Wednesday ended a proxy fight by agreeing to calls for a board shakeup by activist investor Arkhouse Management.

20 days ago - Investopedia

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (5)

Macy's Appoints Two New Directors, Continues Talks With Arkhouse & Brigade

Macy's appointed today two new independent directors Richard (Ric) Clark and Richard (Rick) Markee. It is not clear who nominated the directors.

20 days ago - Forbes

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (6)

Macy'sadds 2 new directors to board, ending fight with activist investors

The retailer also said it continues to engage with Arkhouse and Brigade Capital Management over their revised buyout proposal.

20 days ago - New York Post

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (7)

Department stores face another squeeze. This time, in store credit card revenue

Store credit cards allow retailers to drive repeat purchases and make a cut of cash. Even before a new CFPB ruling, the revenue segment was under pressure.

Other symbols: GPSJWNKSSTGT

20 days ago - CNBC

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (8)

Macy's just moved closer to going private: find out more

Macy's Inc (NYSE: M) is trending down at writing after announcing to have settled its proxy fight with Arkhouse Management. Here's what it means for $M The department store chain has agreed to add two...

20 days ago - Invezz

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (9)

Macy's Names Two Arkhouse Nominees to Board

Investment firm Arkhouse Management ended its proxy contest against Macy's, and withdrew its seven other director candidates.

20 days ago - Barrons

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (10)

Macy's Appoints Two Arkhouse Candidates to Board, Reaches Settlement

Macy's appointed two new independent directors to its board, prompting Arkhouse Management to withdraw its nominations though talks continue about a potential acquisition.

20 days ago - WSJ

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (11)

Macy's appoints two new directors; ends proxy contest with Arkhouse

Macy's on Wednesday named two new independent directors to its board effective immediately, ending a proxy contest with activist investor Arkhouse Management.

20 days ago - Reuters

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (12)

Macy's settles proxy fight with activist Arkhouse, adds two directors

Macy's settles proxy fight with activist Arkhouse, adds two directors

20 days ago - CNBC

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (13)

Macy's to add two Arkhouse nominees to board as firm ends its proxy contest

Macy's Inc. M, +0.72% said Wednesday it's adding two independent directors to its board with immediate effect following engagement with private-equity firm Arkhouse Management Co. LP and making other ...

20 days ago - Market Watch

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (14)

Arkhouse Issues Statement on Settlement with Macy's

NEW YORK--(BUSINESS WIRE)--Arkhouse Management Co. LP (together with its affiliates, “Arkhouse”, “we” or “us”), which owns a significant stake in Macy's, Inc. (“Macy's” or the “Company”) (NYSE: M), to...

20 days ago - Business Wire

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (15)

Macy's, Inc. Appoints Richard Clark and Richard L. Markee to Board of Directors

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the “Bo...

20 days ago - Business Wire

Macy's shutdowns: How other retail competitors are smelling opportunity

Corey Tarlowe, Jefferies equity analyst, joins 'The Exchange' with CNBC's Melissa Repko to discuss how consumer habits benefit certain retailers, why some retailers are closing stores while others rep...

4 weeks ago - CNBC Television

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (16)

Macy's hasn't closed its stores yet. But Target, Kohl's CEOs already smell opportunity

Macy's closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers.

Other symbols: KSSTJXTGT

4 weeks ago - CNBC

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (17)

How Will Macy's Survive - A Sign Of Hard Times For Department Stores

Let's be frank. Department stores are a wonderful creation of the last century.

4 weeks ago - Forbes

Retail expert: Discount stores are thriving amid inflation

While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like T...

Other symbols: JWNKSSTJX

4 weeks ago - Yahoo Finance

Season of change for retailers? Former J. Crew CEO Mickey Drexler on the state of retail

Mickey Drexler, Alex Mill chairman and former J.Crew CEO and chairman, joins 'Squawk Box' to discuss the state of retail, why some brands are offering steeper discounts online than in-store, state of ...

Other symbols: GPSJWNTJX

4 weeks ago - CNBC Television

Final Trades: JNJ, M, IYH & CLF

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: JNJCLFIYH

4 weeks ago - CNBC Television

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (18)

Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next.

Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back...

Other symbols: GPSJWNKSSLOWROSTSYFTJX

4 weeks ago - Market Watch

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (19)

TD SYNNEX Reports Fiscal 2024 First Quarter Results; Announces New $2B Share Repurchase Authorization

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal first quarter ended February 29, 2024. Consolidated Financial Highlights for...

Other symbols: SNX

5 weeks ago - Business Wire

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (20)

Macy's, Nordstrom Eye Private Ownership While Adapting to Retail Market

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy's consider a shift toward private-equity or hedge-fund ownership. These poten...

Other symbols: JWN

5 weeks ago - PYMNTS

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (2024)

FAQs

Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis? ›

One company to watch right now is Macy's (M). M is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 6.85 right now. For comparison, its industry sports an average P/E of 11.26.

Is Macy's stock a good buy right now? ›

One company to watch right now is Macy's (M). M is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 6.85 right now. For comparison, its industry sports an average P/E of 11.26.

What is the forecast for M stock? ›

The average price target is $19.44 with a high forecast of $22.49 and a low forecast of $10.00.

Is M good stock to buy? ›

Is Macy's stock a Buy, Sell or Hold? Macy's stock has received a consensus rating of buy. The average rating score is and is based on 23 buy ratings, 20 hold ratings, and 6 sell ratings.

What is the financial analysis of Macy's? ›

Macy's has a total shareholder equity of $4.1B and total debt of $3.0B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are $16.2B and $12.1B respectively. Macy's's EBIT is $1.3B making its interest coverage ratio 10. It has cash and short-term investments of $1.0B.

Who owns the most Macys stock? ›

Vanguard owns the most shares of Macy's (M).

What is the most valuable stock right now? ›

Berkshire Hathaway is the most expensive stock listed on U.S. exchanges.

Is Macy's a buy or sell? ›

Macy's, Inc.

may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of M, demonstrate its potential to outperform the market. It currently has a Growth Score of A.

How high will Macy's stock go? ›

According to the issued ratings of 9 analysts in the last year, the consensus rating for Macy's stock is Hold based on the current 2 sell ratings, 5 hold ratings and 2 buy ratings for M. The average twelve-month price prediction for Macy's is $17.45 with a high price target of $25.00 and a low price target of $10.00.

Should I sell Macy's stock? ›

Macy's has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 5 hold ratings, and 2 sell ratings.

What does an M mean in stocks? ›

Double tops and bottoms are important technical analysis patterns used by traders. A double top has an 'M' shape and indicates a bearish reversal in trend. A double bottom has a 'W' shape and is a signal for a bullish price movement.

Which stock to invest today? ›

  • Stock to buy today: Raymond (₹2,011.25): BUY.
  • Stock to buy today: NMDC Steel (₹65.9): BUY.
  • Stock to buy today: Petronet LNG (₹288.20): BUY.
  • Stock to buy today: Indraprastha Gas (₹475.35): BUY.
  • Stock to buy today: Sudarshan Chemical Industries (₹609.3)
  • Stock to buy today: Data Patterns (India) (₹2,238.60): BUY.

Is now a good time to buy stocks? ›

What we do know for sure is that at some point in the future, stock indices will be higher. So, whatever your circ*mstances and even at the scary sounding 5k level, the time to start investing is now.

Is Macys financially stable? ›

Liquidity and Debt Structure

Strong Liquidity; No Near-Term Maturities: Macy's ended 2023 with a cash balance of approximately $1 billion and no borrowings under its $3.0 billion secured ABL facility maturing in March 2027 (with availability subject to a borrowing base net of LOCs).

How much debt is Macy's in? ›

Macy's's operated at median total debt of 6.723 billion from fiscal years ending February 2020 to 2024.

How much debt does Macy have? ›

Total debt on the balance sheet as of January 2024 : $5.98 B

According to Macy's 's latest financial reports the company's total debt is $5.98 B. A company's total debt is the sum of all current and non-current debts.

Which is the best stock to buy this week? ›

  • Stock to buy today: Raymond (₹2,011.25): BUY.
  • Stock to buy today: NMDC Steel (₹65.9): BUY.
  • Stock to buy today: Petronet LNG (₹288.20): BUY.
  • Stock to buy today: Indraprastha Gas (₹475.35): BUY.
  • Stock to buy today: Sudarshan Chemical Industries (₹609.3)
  • Stock to buy today: Data Patterns (India) (₹2,238.60): BUY.

Is Macy's a dividend stock? ›

Macy's, Inc.'s ( M ) dividend yield is 3.63%, which means that for every $100 invested in the company's stock, investors would receive $3.63 in dividends per year. Macy's, Inc.'s payout ratio is 172.38% which means that 172.38% of the company's earnings are paid out as dividends.

Is this the best time to buy stock? ›

The opening period (9:30 a.m. to 10:30 a.m. Eastern Time) is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.

How can I tell if a stock is worth buying? ›

Evaluating Stocks
  1. How does the company make money?
  2. Are its products or services in demand, and why?
  3. How has the company performed in the past?
  4. Are talented, experienced managers in charge?
  5. Is the company positioned for growth and profitability?
  6. How much debt does the company have?

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