Some Essential Facts About Macy's

Shares of Consumer Discretionary sector company Macy's moved -5.3% today, and are now trading at a price of $16.56. The mid-cap stock's daily volume was 10,562,463 compared to its average volume of 12,587,711. The S&P 500 index returned a -0.0% performance.

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company is based in New York and has 94,570 full time employees. Its market capitalization is $4,538,648,576. Macy's currently offers its equity investors a dividend that yields 3.7% per year.

12 analysts are following Macy's and have set target prices ranging from $11.0 to $19.0 per share. On average, they have given the company a rating of hold. At today's prices, M is trading 12.27% away from its average analyst target price of $14.75 per share.

Over the last year, M shares have gone down by -25.0%, which represents a difference of -42.0% when compared to the S&P 500. The stock's 52 week high is $25.12 per share and its 52 week low is $10.54. Although Macy's's average free cash flow over the last 6 years has been $1.1 Billion, they have been decreasing at an average rate of -11.3%. For this reason, investors may continue to shun the stock.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 1,615,000 888,000 727,000 -69.17
2022 2,712,000 354,000 2,358,000 658.2
2021 649,000 338,000 311,000 -51.1
2020 1,608,000 972,000 636,000 -41.0
2019 1,735,000 657,000 1,078,000 -27.6
2018 1,976,000 487,000 1,489,000
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.