Macy’s Inc (NYSE:M) shares, rose in value, with the stock price down by -0.14% to the previous day’s close as strong demand from buyers drove the stock to $10.99.
Actively observing the price movement in the recent trading, the stock is buoying the session at $11.01, falling within a range of $10.9 and $11.16. The value of beta (5-year monthly) is 1.752 whereas the PE ratio is 5.33 over 12-month period. Referring to stock’s 52-week performance, its high was $20.70, and the low was $9.76. On the whole, M has fluctuated by -19.39% over the past month.
With the market capitalization of Macy’s Inc currently standing at about $3.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05. The company’s Forward Dividend Ratio is 0.70, with its dividend yield at 6.40%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 21.02B, with a low estimate of 4.29B and a high estimate of 4.45B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.38B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that M’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of M currently trading nearly -8.95% and -17.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.58, while the 7-day volatility ratio is showing 5.08% which for the 30-day chart, stands at 6.02%. Furthermore, Macy’s Inc (M)’s beta value is 1.79, and its average true range (ATR) is 0.72.
A comparison of Macy’s Inc (M) with its peers suggests the former has fared considerably weaker in the market. M showed an intraday change of -0.14% in today’s session so far, and over the past year, it shrunk by -42.10%%.
Data on historical trading for Macy’s Inc (NYSE:M) indicates that the trading volumes over the past 10 days have averaged 9.72 and over the past 3 months, they’ve averaged 7.14 million. According to company’s latest data on outstanding shares, there are 277.69 million shares outstanding.
Nearly 0.84% of Macy’s Inc’s shares belong to company insiders and institutional investors own 82.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 17.29 million shares as on 2025-03-31, resulting in a short ratio of 2.12. According to the data, the short interest in Macy’s Inc (M) stood at 708.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 16.86 million. The stock has fallen by -35.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the M stock heading into the next quarter.
