Momentum Is Strong For Macy’s Inc (NYSE: M)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NYSE-listed company operates within the Department Stores industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Macy’s Inc is $4.58B. A total of 3.1 million shares were traded on the day, compared to an average of 5.10M shares.

In the most recent transaction, Griscom Paul sold 1,201 shares of M for 15.23 per share on Sep 05 ’24. After the transaction, the SVP and Controller now owns 29,232 company shares. In a previous transaction on Sep 05 ’24, Griscom Paul bought 4,085 shares at 15.30 per share.

Among the insiders who sold shares, Mitchell Adrian V disposed of 12,000 shares on Aug 23 ’24 at a per-share price of $15.92. This resulted in the EVP, COO & CFO holding 108,457 shares of M after the transaction. In another insider transaction, Mitchell Adrian V bought 12,000 shares at $15.17 per share on Aug 23 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Macy’s Inc pays an annual dividend of $0.69, resulting in a dividend yield of 4.23%, and it has a price to earnings (P/E) ratio of 24.98. M’s most recent ex-dividend date was 12/13/2024 when it declared a $0.1737 quarterly dividend that was paid in cash on 1/2/2025. Previously, the company paid the dividend on 10/1/2024 with an ex-dividend date of 9/13/2024. The M stock dividend was $0.1737 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, M has a high of $22.10 and a low of $14.06.

As of this writing, M has an earnings estimate of $0.03 per share for the current quarter. EPS was calculated based on a consensus of 13.0 estimates, with a high estimate of $0.11 per share and a lower estimate of -$0.04. The company reported an EPS of $0.21 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. M’s latest balance sheet shows that the firm has $1.71B in Cash & Short Term Investments as of fiscal 2022. There were $6.83B in debt and $5.42B in liabilities at the time. Its Book Value Per Share was $15.51, while its Total Shareholder’s Equity was $3.62B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for M is Buy with a score of 3.36.

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