Macy's Inc. (M)

21.27
0.58 2.65
NYSE : Retail Trade
Prev Close 21.85
Open 21.52
Day Low/High 21.20 / 21.64
52 Wk Low/High 20.86 / 41.99
Volume 10.41M
Avg Volume 9.44M
Exchange NYSE
Shares Outstanding 308.90M
Market Cap 6.72B
EPS 3.60
P/E Ratio 6.12
Div & Yield 1.51 (7.00%)

Macy's Beats

Here is what I wrote yesterday on Macy's in quarterly preview: I expect that M's quarterly results will exceed $2.75/share, above street consensus of $2.68. Comps were likely about +1% in the quarter (consensus is +0.7%). The Street is at about $3.0...

Looking at Macy's, Dillard's Now

I expect both Macy's (+$2.69) and Dillard's (+$6.07) to trade off from current lofty levels in the premarket trading (in response to better than expected quarterly results). Regardless of one's market view, premarket trading levels in these retailer...

Macy's Just Gave Investors Two Powerful Reasons to Buy Its Stock

Macy's Just Gave Investors Two Powerful Reasons to Buy Its Stock

Macy's has given investors several reasons to buy its stock following fourth quarter earnings.

Building Cash Reserves

On today's early and sharp ramp in retail stocks I have sold out the balance of my and longs. (I remain concerned about a possible low takeout price which could adversely impact the group over the short term.)  I would be a buyer of both stocks in a...

A Retail Rundown

Late last week I reaped much of my profits in the retail space -- reducing large holdings in Macy's and Dillard's . After speaking to the companies and further research I wanted to update the fourth quarters that will shortly be released -- remember...

Cutting My Macy's Stake Even More

I am further reducing my Macy's  stake to small sized now, in my pursuit to get very liquid with large cash reserves.

Selling Some Dillard's and Macy's

I'm further reducing my long of Dillard's to a small-sized position from a previous medium-sized one. Similarly, I'm taking down my stake in Macy's to medium-sized from a current large-sized. In both cases, I'm taking advantage of a rally in retaile...

Nordstrom Could Get Go-Private Bid; Expect Macy's and Dillard's to Rise

Reuters is reporting that the majority shareholders of Nordstorm are finalizing an offer to take the company private. This should put a bid under other retailers, particularly Macy's and Dillard's . However, I suspect that Nordstrom's takeout price ...

Amazon's Existential Regulatory Threat Likely Growing As Its Share Price Rises

"Amazon is the titan of twenty-first century commerce. In addition to being a retailer, it is now a marketing platform, a delivery and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of tel...

Video: Best Presidents Day Deals!

Video: Best Presidents Day Deals!

The sales on Presidents Day are generally pretty epic. As are the stock prices of some of the retail stocks, even in the midst of this shaky market. And since "shaky" may be an understatement, consider a little retail therapy this weekend and watch our video to take advantage of some of these great sales!

A Positive Datapoint Emerges for Apparel Based Retailers (Like Macy's and Dillard's)

The CPI was released yesterday and it included apparel inflation of 1.7% -- this was the highest monthly apparel reading in 30 years. This datapoint is one of the more reliable government statistics. The sample size is adequate and it usually does n...

Pretty Good!

* But on Valentine's Day I Am Falling Out of Love (Again) * Took SPY Long Profit and Went Short SPY Near the Close after a 600 Point Intraday Move In the DJIA Pretty good. Pretty, pretty, pretty, pretty, good. I wanted to briefly review and comment ...

Adding to Retail Longs

Retail has been jiggy today. I have been a steady buyer of Macy's and Dillard's .

Macy's Needs to Prove Itself on the Charts

Macy's Needs to Prove Itself on the Charts

M needs to rally above $26 to get above the 50-day average and above $28 for a Point and Figure breakout.

Curb Your Enthusiasm!

"I am trying to elevate small talk to medium talk." -- Larry David Every day at about this hour I review my trading/investing of the last 1-2 days. Upon that review I am pleased -- but I am not patting myself in the back (this is part of my process ...

More Adds

I added further to Citigroup , JPMorgan Chase , , Macy's  and Dillard's on early weakness. 

Today's Drop Reflects Structural Issues

First let me emphasize that much of this afternoon's drop reflects, in my mind, structural issues and not rate concerns -- as the yield on the ten year US note is down by five basis points, just touching 2.80%. This means that when the de-risking by...

Adding to Dillard's and Macy's Longs

I continued to add to my Dillard's and Macy's longs today. I pressed my Goldman Sachs short.

Modest Increases

Besides the Intel add, I also modestly increased longs in Campbell Soup , Dillard's and Macy's .

Waiting For Sears

As I have recently cautioned, the end is nigh for Sears Holdings . Based on my industry contacts (factors involved in financing), I expect an imminent bankruptcy filing. I also expect the retail sector to be hit a bit by the news, as store closures ...

Video: Analyzing the Stock Charts for Sears, Khol's, Macy's and JC Penney

Video: Analyzing the Stock Charts for Sears, Khol's, Macy's and JC Penney

Retail stocks have been rising so far this year - many of them even out performing the S&P 500- except for one: Sears Holdings.

Adding to Longs, Shorts

Adding to the following Longs: Intel , Twitter , Macy's , Dillard's Adding to the following Shorts: Action Alerts PLUS holding Apple , Procter & Gamble I will be out of office for a few hours so radio silence. 

Adding to Longs

I have further added to Macy's , Dillard's and Hartford Financial this afternoon.

Market Upshifts

Mr. Market moves into third gear, again -- at day's highs. Added to S&P 500 ETF short at $283.40. Also added to Dillard's  and Macy's longs.

Retail Pickups

As I mentioned I added small to my retail exposure -- on weakness. I would have preferred a deeper sell off but I have a lot of powder left for Macy's and Dillard's . M was placed on my Best Ideas List on November 14, 2017 at $19.39. It is now tradi...

Retaliers Left Out

Retailers are being left out of today's market advance. I plan to be a buyer of Dillard's and Macy's on weakness.

My Macy's, Dillard's Offering

I am offering some of my Macy's and Dillard's longs slightly above the market now.

Cramer: Consumer Health Is Unappreciated

Cramer: Consumer Health Is Unappreciated

The consumer spend factor is the new wild card and boy is it playing out in spectacular fashion.

The Market Beast Continues to Advance

That Was The Week That Was "That was the week that was, its over let it go..." - Millicent Martin https://www.youtube.com/watch?v=LS8ac4catVk TGIF. The market's advance today, this week and this year continued unabated. As Jim "El Capitan" Cramer ch...

Costco Wins a Round Against Walmart

Costco Wins a Round Against Walmart

In the club membership world, Cosco is winning.