Macy's Inc (M)

pos +0.29
Today's Range: 35.48 - 36.06 | M Avg Daily Volume: 7,265,800
Last Update: 10/20/16 - 3:57 PM EDT
Volume: 2,700,949
YTD Performance: 1.74%
Open: $35.60
Previous Close: $35.59
52 Week Range: $29.94 - $52.48
Oustanding Shares: 308,467,833
Market Cap: 10,858,067,722
6-Month Chart
TheStreet Ratings Grade for M
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 2 1 1 1
Moderate Buy 0 0 0 0
Hold 12 11 11 12
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 1
Mean Rec. 2.71 2.83 2.83 3.00
Latest Dividend: 0.38
Latest Dividend Yield: 4.29%
Dividend Ex-Date: 09/13/16
Price Earnings Ratio: 14.43
Price Earnings Comparisons:
M Sector Avg. S&P 500
14.43 10.90 29.40
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
2.06% -29.82% -19.82%
Revenue -3.70 0.00 -0.01
Net Income -29.90 -0.20 -0.07
EPS -23.70 0.00 0.00
Earnings for M:
Revenue 27.08B
Average Earnings Estimates
Qtr (10/16) Qtr (01/17) FY (01/17) FY (01/18)
Average Estimate $0.41 $2.04 $3.38 $3.50
Number of Analysts 9 7 9 8
High Estimate $0.49 $2.11 $3.50 $3.75
Low Estimate $0.36 $1.94 $3.29 $3.22
Prior Year $0.56 $2.09 $3.77 $3.38
Growth Rate (Year over Year) -26.39% -2.46% -10.46% 3.54%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

The Good, the Bad and the Ugly Real Money Pro($)

Mr. Market managed to make gains on top of yesterday's ramp, the first two-day, back-to-back rise in two weeks. My sense is that participants are again becoming complacent. Commodities (ag, lumber, gold and crude oil) were a strong asset class. Autos (General Motors (GM) ), and retail (JC Penney (JCP) +3.5%, Coach (COH) , Macy's (M) ) -- two lagging groups -- started to turn higher today. Junk bonds climbe
"Let's face it, though, there's something else at work in many sectors: too many companies. Zoe's Kitchen founder Cassimus told us 'there's a lot of competition, there's been tremendous amounts of small fast-casual start-ups, mom-and-pop restaurants,' and all of those restaurants can't survive because there simply aren't enough diners out there.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. The price of crude oil declined by four bits to $49.86. Gold flatlined. Ag commodities rallied: wheat up $0.02, corn up $0.01, soybeans up $0.16 and oats up $0.02. Lumber fell an outsized $9 and closed at a multi-week low. Peak housing? Bonds rallied (I covered a large portion of my bond short early in the day). Yields fell by two to three basis points The 10-year U.S. note yield fell below 1.77% -- though Tepper was quite bearish on bonds. The 2s/10s spread was flat at 95 basis points. Municipals were actually slightly higher in price, but that didn't keep closed-end municipal bond funds from getting schmeissed. the lack of liquidity in that asset class was a subject I wrote about midday. Look at BlackRock Inv. Quality Munic. Trust (BKN) , Invesco Pennsylvania Value Mncpl Incm Tr (VPV) , Etrion (ETX) , BlackRock Municipal Income Trust II (BLE) (more declines of 1.5% to 3%) after a similar drop on Friday! This is supposed to be a conservative asset class, but these funds have lost nearly their annual dividend yields in two days! Junk bonds were slightly weaker but, again, Blackstone/GSO Strategic Credit Fund (BGB) had an outsized decline. Stay far from both closed end municipal bond funds and BGB. Banks were disappointing for the second day in a row. I have expressed my views here. Short JPMorgan Chase (JPM) , Citigroup (C) and Financial Select Sector SPDR Fund (XLF is my Trade of the Week -- down a dime from my cost on the day). See Jim's good columns on sector below. Surprising executive departure at Visa causes price weakness. Insurance was unchanged to lower but brokerages got hit after Friday's strength. Old tech was uneventful. IBM (IBM) down $1 after a slight beat. Retail was a conspicuous market blemish across the board weakness. Home Depot (HD) , Lowe's (LOW)  , Macy's (M) and Nordstrom (JWN) featured losers. Biotech after a very weak Friday. Valeant Pharmaceuticals Intl (VRX) (Ackman) new low, Allergan (AGN)  down $4, but Celgene (CELG)  up $1. Big pharma down small. Consumer staples weakened. Core short, Coca-Cola (KO) , a new low. Autos lower -- Ford at another low. Ag equipment down modestly. (T)FANG mixed. Netflix (NFLX) up big on a nice beat (I remain small short the name) Amazon (AMZN) and Tesla (TSLA) lower. Here are some value-added contributions on our site: 1. Jim "El Capitan" Cramer had several posts on banks.
The rancor and the nature of the debate are putting a lid on stocks.
The devastating Matthew Boss call on the retailers is having a huge impact.
This group has become ridiculously cheap, but no one cares; watch Best Buy and TJX.

3 Ways to Play a Retail Rise Real Money Pro($)

This sector is brightening into the holidays, and these names should benefit.
Forecasts for a chilly winter make apparel stocks a good buy.

Intermediate Trade: Macy's Real Money Pro($)

It's time to go bullish on this retailer.
You might be able to make a couple bucks trading this hollowed-out zombie.

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