Macy's (M) Stock Insights

M price $24.66 +0.91 +3.83%

Ticker
M
Price
$24.66
Change
+0.91 +3.83%
Market cap ?
$6.44B
P/E ?
8.51
Forward P/E ?
10.68
Dividend yield ?
3.19%
Beta ?
1.47
Sector
Consumer Cyclical
Industry
Department Stores
Stocklytics score
53
Value
78
Quality
40
Growth
42

Stocklytics score rationale: value 78, quality 40, growth 42.

Financials

2016201720182019202020212022202320242025
26564000000256410000002573900000025331000000180970000002539900000025449000000238660000002300600000022621000000

Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications. The company offers a broad assortment of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other general consumer goods. As of…

Fair value

M fair value $28.99. Price $24.66. Price is 15% below fair value.

Above fair value, and more expensive than usual. A larger premium than on 73% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.49B. Growth 0.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.5). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 261.18M. Net debt 3.96B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare M

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-12-02—-0.18—4.68B
2026-09-100.630.374.87B4.81B
2026-06-030.130.034.68B4.61B
2026-03-181.671.537.64B7.51B
2025-12-030.09-0.134.91B4.55B
2025-09-030.410.195.00B4.53B
2025-05-280.160.154.79B4.42B
2025-03-061.801.558.01B4.36B
2024-12-110.04-0.014.90B4.74B
2024-08-210.530.305.10B5.12B
2024-05-210.270.155.00B4.82B
2024-02-272.452.028.38B8.15B
2023-11-160.211.965.04B8.13B
2023-08-220.260.135.28B5.09B
2023-06-010.560.455.17B5.04B
2023-03-021.711.578.53B8.23B
2022-11-170.520.195.47B5.20B
2022-08-231.000.855.80B5.49B
2022-05-261.080.825.54B5.33B
2022-02-222.452.008.93B8.44B
2021-11-181.230.355.65B8.43B
2021-08-191.290.195.84B5.12B
2021-05-180.39-0.414.87B—
2021-02-230.800.197.04B6.48B
2020-11-19-0.19-0.814.18B6.63B
2020-09-02-0.81-1.783.73B8.14B
2020-07-01-2.03-2.373.15B3.15B
2020-02-252.121.958.58B7.93B
2019-11-210.070.005.36B—
2019-08-140.280.455.72B9.20B
2019-05-150.440.335.68B4.26B
2019-02-262.732.538.70B—
2018-11-140.270.145.59B2.90B
2018-08-150.700.515.76B4.20B
2018-05-160.480.375.70B4.39B
2018-02-272.822.698.67B—
2017-11-090.230.195.28B4.48B
2017-08-100.480.455.55B5.56B
2017-05-110.240.345.34B7.81B
2017-02-212.021.968.52B8.26B

Dividends

Yield 3.07%. Payout ratio 26.44%. Frequency Quarterly.

Safety score 100/100 · Safe. Payout ratio is 26% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 24 separate years. Yield is 3.1%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-12-15$0.192026-12-152027-01-04Quarterly
2026-09-15$0.192026-09-152026-10-01Quarterly
2026-06-15$0.192026-06-152026-07-01Quarterly
2026-03-13$0.192026-03-132026-04-01Quarterly
2025-12-15$0.182025-12-152026-01-02Quarterly
2025-09-15$0.182025-09-152025-10-01Quarterly
2025-06-13$0.182025-06-132025-07-01Quarterly
2025-03-14$0.182025-03-142025-04-01Quarterly
2024-12-13$0.172024-12-132025-01-02Quarterly
2024-09-13$0.172024-09-132024-10-01Quarterly
2024-06-14$0.172024-06-142024-07-01Quarterly
2024-03-14$0.172024-03-152024-04-01Quarterly
2023-12-14$0.172023-12-152024-01-02Quarterly
2023-09-14$0.172023-09-152023-10-02Quarterly
2023-06-14$0.172023-06-152023-07-03Quarterly
2023-03-14$0.172023-03-152023-04-03Quarterly
2022-12-14$0.162022-12-152023-01-03Quarterly
2022-09-14$0.162022-09-152022-10-03Quarterly
2022-06-14$0.162022-06-152022-07-01Quarterly
2022-03-14$0.162022-03-152022-04-01Quarterly
2021-12-14$0.152021-12-152022-01-03Quarterly
2021-09-14$0.152021-09-152021-10-01Annual
2020-03-12$0.382020-03-132020-04-01Annual
2019-12-12$0.382019-12-132020-01-02Quarterly
2019-09-12$0.382019-09-132019-10-01Quarterly
2019-06-13$0.382019-06-142019-07-01Quarterly
2019-03-14$0.382019-03-152019-04-01Quarterly
2018-12-13$0.382018-12-142019-01-02Quarterly
2018-09-13$0.382018-09-142018-10-01Quarterly
2018-06-14$0.382018-06-152018-07-02Quarterly
2018-03-14$0.382018-03-152018-04-02Quarterly
2017-12-14$0.382017-12-152018-01-02Quarterly
2017-09-14$0.382017-09-152017-10-02Quarterly
2017-06-13$0.382017-06-152017-07-03Quarterly
2017-03-13$0.382017-03-152017-04-03Quarterly
2016-12-13$0.382016-12-152017-01-03Quarterly
2016-09-13$0.382016-09-152016-10-03Quarterly
2016-06-13$0.382016-06-152016-07-01Quarterly
2016-03-11$0.362016-03-152016-04-01Quarterly
2015-12-11$0.362015-12-152016-01-04Quarterly
2015-09-11$0.362015-09-152015-10-01Quarterly
2015-06-11$0.362015-06-152015-07-01Quarterly
2015-03-11$0.312015-03-132015-04-01Quarterly
2014-12-11$0.312014-12-152015-01-02Quarterly
2014-09-11$0.312014-09-152014-10-01Quarterly
2014-06-11$0.312014-06-132014-07-01Quarterly
2014-03-12$0.252014-03-142014-04-01Quarterly
2013-12-11$0.252013-12-132014-01-02Quarterly
2013-09-11$0.252013-09-132013-10-01Quarterly
2013-06-12$0.252013-06-142013-07-01Quarterly
2013-03-13$0.202013-03-152013-04-01Quarterly
2012-12-12$0.202012-12-142013-01-02Quarterly
2012-09-12$0.202012-09-142012-10-01Quarterly
2012-06-13$0.202012-06-152012-07-02Quarterly
2012-03-13$0.202012-03-152012-04-02Quarterly
2011-12-13$0.102011-12-152012-01-03Quarterly
2011-09-13$0.102011-09-152011-10-03Quarterly
2011-06-13$0.102011-06-152011-07-01Quarterly
2011-03-11$0.052011-03-152011-04-01Quarterly
2010-12-13$0.052010-12-152011-01-03Quarterly
2010-09-13$0.052010-09-152010-10-01Quarterly
2010-06-11$0.052010-06-152010-07-01Quarterly
2010-03-11$0.052010-03-152010-04-01Quarterly
2009-12-11$0.052009-12-152010-01-04Quarterly
2009-09-11$0.052009-09-152009-10-01Quarterly
2009-06-11$0.052009-06-152009-07-01Quarterly
2009-03-11$0.052009-03-132009-04-01Quarterly
2008-12-11$0.132008-12-152009-01-02Quarterly
2008-09-11$0.132008-09-152008-10-01Quarterly
2008-06-11$0.132008-06-132008-07-01Quarterly
2008-03-12$0.132008-03-142008-04-01Quarterly
2007-12-12$0.132007-12-142008-01-02Quarterly
2007-09-12$0.132007-09-142007-10-01Quarterly
2007-06-13$0.132007-06-152007-07-02Quarterly
2007-03-13$0.132007-03-152007-04-02Quarterly
2006-12-13$0.132006-12-152007-01-02Quarterly
2006-09-13$0.132006-09-152006-10-02Quarterly
2006-06-14$0.132006-06-162006-07-03Quarterly
2006-03-13$0.122006-03-152006-04-03Quarterly
2005-12-13$0.122005-12-152006-01-02Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-30MARKEE RICHARD LBuy1.24K$23.2828.74K
2026-06-30MARKEE RICHARD LBuy1.32K$20.8127.51K
2026-06-25Griscom PaulSell10.08K$25.63258.28K
2026-06-24Edwards Thomas Jr.Sell16.42K$24.89408.73K
2026-06-23Edwards Thomas Jr.Sell36.42K——
2026-06-23Edwards Thomas Jr.Buy36.42K——
2026-06-05VARGA PAUL CBuy8.35K——
2026-06-05MARKEE RICHARD LBuy8.35K——
2026-06-05Granoff JillBuy8.35K——
2026-06-05Connelly Deirdre PBuy8.35K——
2026-06-05CHOPRA NAVEEN K.Buy8.35K——
2026-06-05Chavez Robert B.Buy8.35K——
2026-06-05Chandoha Marie ABuy8.35K——
2026-06-05Boone TorrenceBuy8.35K——
2026-06-05Arel EmilieBuy8.35K——
2026-04-06Bron OlivierSell7.23K$17.92129.56K
2026-04-06Griscom PaulSell745$17.9213.35K
2026-04-06Kirgan Danielle L.Sell10.01K$17.92179.41K
2026-04-06Preston Tracy MSell5.27K$17.9294.48K
2026-04-06Spring AntonySell50.04K$17.92896.98K
2026-04-03Bron OlivierSell13.15K——
2026-04-03Bron OlivierBuy13.15K——
2026-04-03Griscom PaulBuy2.63K——
2026-04-03Griscom PaulSell2.63K——
2026-04-03Kirgan Danielle L.Buy19.72K——
2026-04-03Kirgan Danielle L.Sell19.72K——
2026-04-03Preston Tracy MSell13.15K——
2026-04-03Preston Tracy MBuy13.15K——
2026-04-03Spring AntonyBuy98.60K——
2026-04-03Spring AntonySell98.60K——
2026-04-01Griscom PaulSell490$18.088.86K
2026-04-01Kirgan Danielle L.Sell6.57K$18.08118.82K
2026-04-01Spring AntonySell14.61K$18.08264.03K
2026-03-31Griscom PaulBuy1.72K——
2026-03-31Griscom PaulSell1.72K——
2026-03-31Kirgan Danielle L.Buy12.86K——
2026-03-31Kirgan Danielle L.Sell12.86K——
2026-03-31Spring AntonyBuy28.59K——
2026-03-31Spring AntonySell28.59K——
2026-03-31Sesler Douglas WilliamBuy1.37K——
2026-03-31MARKEE RICHARD LBuy1.37K——
2026-03-31Clark RichardBuy1.37K——
2026-03-30Griscom PaulSell433$17.747.68K
2026-03-30Bron OlivierSell3.05K$17.7454.13K
2026-03-30Preston Tracy MSell2.74K$17.7448.54K
2026-03-30Kirgan Danielle L.Sell5.16K$17.7391.52K
2026-03-30Spring AntonySell27.45K$17.73486.80K
2026-03-28Griscom PaulBuy1.50K——
2026-03-28Griscom PaulSell1.50K——
2026-03-28Bron OlivierBuy7.50K——
2026-03-28Bron OlivierSell7.50K——
2026-03-28Preston Tracy MBuy7.50K——
2026-03-28Preston Tracy MSell7.50K——
2026-03-28Kirgan Danielle L.Buy11.26K——
2026-03-28Kirgan Danielle L.Sell11.26K——
2026-03-28Spring AntonyBuy53.15K——
2026-03-28Spring AntonySell53.15K——
2026-03-27Griscom PaulSell2.92K$17.9252.30K
2026-03-27Bron OlivierSell4.71K$17.9184.41K
2026-03-27Kirgan Danielle L.Sell15.41K$17.91276.13K
2026-03-27Spring AntonySell41.45K$17.91742.46K
2026-03-26Edwards Thomas Jr.Buy83.83K——
2026-03-26Preston Tracy MBuy32.45K——
2026-03-26Griscom PaulBuy10.39K——
2026-03-26Griscom PaulSell339$18.496.27K
2026-03-26Griscom PaulBuy6.49K——
2026-03-26Bron OlivierBuy48.67K——
2026-03-26Bron OlivierBuy11.04K——
2026-03-26Bron OlivierSell406$18.497.51K
2026-03-26Kirgan Danielle L.Buy46.79K——
2026-03-26Kirgan Danielle L.Sell2.11K$18.4939.09K
2026-03-26Kirgan Danielle L.Buy48.67K——
2026-03-26Spring AntonyBuy103.98K——
2026-03-26Spring AntonySell6.09K$18.49112.64K
2026-03-26Spring AntonyBuy286.64K——
2026-03-25Griscom PaulSell379$18.757.11K
2026-03-25Kirgan Danielle L.Sell3.05K$18.7257.03K
2026-03-25Spring AntonySell3.02K$18.7256.60K
2026-03-24Griscom PaulBuy1.14K——
2026-03-24Griscom PaulSell1.14K——
2026-03-24Kirgan Danielle L.Buy8.54K——
2026-03-24Kirgan Danielle L.Sell8.54K——
2026-03-24Spring AntonyBuy8.54K——
2026-03-24Spring AntonySell8.54K——
2026-03-02Preston Tracy MSell6.65K$19.78131.62K
2026-02-28Preston Tracy MBuy18.06K——
2026-02-28Preston Tracy MSell18.06K——
2025-12-31Sesler Douglas WilliamBuy1.35K——
2025-12-31MARKEE RICHARD LBuy1.35K——
2025-12-31Clark RichardBuy1.35K——
2025-12-11Kirgan Danielle L.Sell85.00K$23.922.03M
2025-12-08Bron OlivierSell13.50K$22.21299.87K
2025-11-03Bron OlivierSell9.21K$19.49179.48K
2025-11-01Bron OlivierBuy3.11K——
2025-11-01Bron OlivierBuy18.66K——
2025-11-01Bron OlivierSell18.66K——
2025-11-01Bron OlivierSell3.11K——
2025-09-30Sesler Douglas WilliamBuy1.97K——
2025-09-30MARKEE RICHARD LBuy1.97K——
2025-09-30Clark RichardBuy1.97K——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 520, holders +12 vs prior quarter. Ownership 101.03%.

HolderSharesChangeChange %Value
BLACKROCK, INC.28.26M-3.09K-0.01%665.56M
DIMENSIONAL FUND ADVISORS LP16.80M325.14K+1.97%395.69M
VANGUARD PORTFOLIO MANAGEMENT LLC12.86M-772.53K-5.67%302.93M
AMERICAN CENTURY COMPANIES INC11.03M-1.11M-9.16%259.77M
VANGUARD CAPITAL MANAGEMENT LLC11.02M-352.71K-3.10%259.53M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC9.80M593.62K+6.45%230.80M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.9.80M9.80MNew230.80M
STATE STREET CORP9.17M-58.76K-0.64%217.63M
RWC ASSET MANAGEMENT LLP8.94M-2.33M-20.68%210.60M
GOLDMAN SACHS GROUP INC8.81M1.19M+15.61%207.51M
LSV ASSET MANAGEMENT8.30M1.73M+26.34%195.55M
GEODE CAPITAL MANAGEMENT, LLC7.02M-610.75K-8.00%178.46M
BERKSHIRE HATHAWAY INC7.35M4.31M+141.82%173.03M
NEWPORT TRUST COMPANY, LLC6.76M-174.14K-2.51%159.16M
ALLIANZ ASSET MANAGEMENT GMBH5.59M58.82K+1.06%131.56M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP4.33M-1.44M-24.93%101.90M
AQR CAPITAL MANAGEMENT LLC4.10M-868.11K-17.47%96.06M
INVESCO LTD.3.80M-91.53K-2.35%89.40M
NORGES BANK3.57M3.57MNew84.04M
MORGAN STANLEY3.15M-362.50K-10.33%74.07M
UBS GROUP AG3.08M-163.30K-5.03%72.62M
BALYASNY ASSET MANAGEMENT L.P.2.93M2.93MNew68.92M
BANK OF NEW YORK MELLON CORP2.86M-49.51K-1.70%67.45M
GOTHAM ASSET MANAGEMENT, LLC2.70M1.33M+97.37%63.59M
MARSHALL WACE, LLP2.67M2.67MNew62.76M

Insights

Revenue by product
PeriodValue
FY2019Home Other: 4084000000.0, Mens And Kids: 5712000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 9500000000.0, Womens Apparel: 5675000000.0
FY2020Home Other: 4067000000.0, Mens And Kids: 5628000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 9454000000.0, Womens Apparel: 5411000000.0
FY2021Home Other: 3745000000.0, Mens And Kids: 3486000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 7206000000.0, Womens Apparel: 2909000000.0
FY2022Home Other: 4656000000.0, Mens And Kids: 5252000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 10119000000.0, Womens Apparel: 4433000000.0
FY2023Home Other: 4199000000.0, Mens And Kids: 5297000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 9597000000.0, Womens Apparel: 5349000000.0
FY2024Credit Card Revenues, Net: 619000000.0, Home Other: 3793000000.0, Macy's Media Network Revenue, Net: 155000000.0, Mens And Kids: 4918000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 9520000000.0, Womens Apparel: 4861000000.0
FY2025Credit Card Revenues, Net: 537000000.0, Home Other: 3381000000.0, Macy's Media Network Revenue, Net: 176000000.0, Mens And Kids: 4753000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 9333000000.0, Womens Apparel: 4826000000.0
FY2026Credit Card Revenues, Net: 669000000.0, Home Other: 3213000000.0, Macy's Media Network Revenue, Net: 188000000.0, Mens And Kids: 4659000000.0, Women's Accessories, Shoes, Cosmetics and Fragrances: 9128000000.0, Womens Apparel: 4764000000.0

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Macy's (M) Stock Insights

M$24.66+0.91 +3.83%

$6.44B

Market Cap

8.51

P/E

10.68

Forward P/E

53

Score

Price History