Currently, there are 277.69M common shares owned by the public and among those 276.24M shares have been available to trade.
The company’s stock has a 5-day price change of 7.71% and -24.15% over the past three months. M shares are trading -31.54% year to date (YTD), with the 12-month market performance down to -38.12% lower. It has a 12-month low price of $9.76 and touched a high of $20.70 over the same period. M has an average intraday trading volume of 7.01 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.75%, -10.50%, and -23.11% respectively.
Institutional ownership of Macy’s Inc (NYSE: M) shares accounts for 82.60% of the company’s 277.69M shares outstanding.
It has a market capitalization of $3.23B and a beta (3y monthly) value of 1.80. The stock’s trailing 12-month PE ratio is 5.62, while the earnings-per-share (ttm) stands at $2.06. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.98% over the week and 6.29% over the month.
Analysts forecast that Macy’s Inc (M) will achieve an EPS of 0.14 for the current quarter, 0.33 for the next quarter and 2.06 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.12 while analysts give the company a high EPS estimate of 0.12. Comparatively, EPS for the current quarter was 0.27 a year ago. Earnings per share for the fiscal year are expected to decrease by -26.39%, and 1.00% over the next financial year. EPS should shrink at an annualized rate of -11.47% over the next five years, compared to 2.68% over the past 5-year period.
Looking at the support for the M, a number of firms have released research notes about the stock. Barclays stated their Equal Weight rating for the stock in a research note on April 28, 2025, with the firm’s price target at $12. Goldman coverage for the Macy’s Inc (M) stock in a research note released on April 22, 2025 offered a Neutral rating with a price target of $12. Telsey Advisory Group was of a view on March 07, 2025 that the stock is Market Perform, while JP Morgan gave the stock Neutral rating on March 06, 2025, issuing a price target of $19- $14. Gordon Haskett on their part issued Hold rating on March 06, 2025.
