Macy’s Inc (NYSE:M) has a beta value of 1.75 and has seen 10.42 million shares traded in the last trading session. The company, currently valued at $2.94B, closed the last trade at $10.81 per share which meant it gained $0.17 on the day or 1.60% during that session. The M stock price is -89.36% off its 52-week high price of $20.47 and 9.71% above the 52-week low of $9.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.46 million shares traded. The 3-month trading volume is 7.24 million shares.
The consensus among analysts is that Macy’s Inc (M) is Buy stock at the moment, with a recommendation rating of 2.93. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 13 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.
Macy’s Inc (NYSE:M) trade information
Sporting 1.60% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the M stock price touched $10.81 or saw a rise of 8.31%. Year-to-date, Macy’s Inc shares have moved -41.03%, while the 5-day performance has seen it change -9.01%. Over the past 30 days, the shares of Macy’s Inc (NYSE:M) have changed -9.31%. Short interest in the company has seen 22.7 million shares shorted with days to cover at 3.26.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 9.92% from current levels. The projected low price target is $8.0 while the price target rests at a high of $15.0. In that case, then, we find that the current price level is -38.76% off the targeted high while a plunge would see the stock lose 25.99% from current levels.
Macy’s Inc (M) estimates and forecasts
The company’s shares have lost -31.80% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 2.68% over the past 5 years. Earnings growth for 2025 is a modest -33.47% while over the next 5 years, the company’s earnings are expected to decrease by -12.84%.
M Dividends
Macy’s Inc is expected to release its next earnings report on 2025-May-28 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.71 at a share yield of 6.59%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 7.85%.
Macy’s Inc (NYSE:M)’s Major holders
Insiders own 0.72% of the company shares, while shares held by institutions stand at 88.86% with a share float percentage of 89.51%. Investors are also buoyed by the number of investors in a company, with Macy’s Inc having a total of 544.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 33.95 million shares worth more than $651.93 million. As of 2024-06-30, VANGUARD GROUP INC held 12.2272% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 25.88 million shares as of 2024-06-30. The firm’s total holdings are worth over $496.9 million and represent 9.3194% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Mid-Cap ETF and American Century ETF Trust-Avantis U.S. Small Cap Value ETF . As of Apr 30, 2025 , the former fund manager holds about 3.31% shares in the company for having 8.99 shares of worth $97.17 million while later fund manager owns 8.38 shares of worth $90.54 million as of May 31, 2025 , which makes it owner of about 3.08% of company’s outstanding stock.
