Macy's Stock News

The company is benefiting from reopening economies and robust digital sales.

Macy’s (NYSE:M) had its price objective raised by equities researchers at Credit Suisse Group from $19.00 to $32.00 in a research report issued on Friday, Price Targets.com reports. The brokerage presently has an “underperform” rating on the stock. Credit Suisse Group’s price target would indicate a potential downside of 7.81% from the company’s previous close. […]

Macys (NYSE:M) had its price objective boosted by equities research analysts at Cowen from $37.00 to $45.00 in a research note issued to investors on Friday, PriceTargets.com reports. The firm currently has an outperform rating on the stock. Cowens price target points to a potential upside of 29.65% from the stocks previous close. A number []

Macys (NYSE:M) had its target price increased by Telsey Advisory Group from $33.00 to $40.00 in a report issued on Friday, Price Targets.com reports. The firm currently has a market perform rating on the stock. Several other equities analysts also recently weighed in on the stock. Credit Suisse Group raised their target price on shares []

State of Alaska Department of Revenue raised its holdings in shares of Macys, Inc. (NYSE:M) by 5.6% in the third quarter, HoldingsChannel reports. The firm owned 227,486 shares of the companys stock after buying an additional 12,001 shares during the quarter. State of Alaska Department of Revenues holdings in Macys were worth $5,141,000 at the []

Macys (NYSE:M) had its price target boosted by Bank of America from $21.00 to $25.00 in a research report released on Friday morning, Analyst Ratings Network reports. Bank of America currently has an underperform rating on the stock. Several other analysts have also recently weighed in on the company. Credit Suisse Group lifted their price []

Macys (NYSE:M) issued an update on its fourth quarter 2021 earnings guidance on Friday morning. The company provided EPS guidance of $1.670-$1.870 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.910. The company issued revenue guidance of -. NYSE M traded down $2.66 during trading on Friday, hitting $34.71. The stock []

Macys (NYSE:M) posted its quarterly earnings data on Wednesday. The company reported $1.23 earnings per share for the quarter, topping the Zacks consensus estimate of $0.26 by $0.97, MarketWatch Earnings reports. The company had revenue of $5.44 billion during the quarter, compared to analysts expectations of $5.23 billion. Macys had a net margin of 2.45% []

Macy''s Inc (NYSE: M ) shares pulled back by 4.7% on Friday after the stock’s big post-earnings gain on Thursday. Macy’s reported third-quarter adjusted earnings per share of $1.23 on revenue of $5.4 billion. Both numbers topped consensus analyst estimates of 31 cents and $5.2 billion, respectively. Revenue was up 35.3% from a year ago. Macy’s reported 35.6% comparable-store sales growth, exceeding analyst estimates of 29.3%. Online sales were up 19% year-over-year and 49% on a two-year basis. Macy’s said online sales now make up 33% of total sales, up from just 23% in 2019. Perhaps the most bullish news from Macy’s is that the company has hired consulting firm AlixPartners to review its business model. Activist investor Jana Partners has been pressuring … Full story available on Benzinga.com

Jan Kniffen, CEO of J Rogers Kniffen Worldwide, joins CNBC's 'Squawk Box' to break down the latest holiday shopping consumer trends.

Macys (NYSE:M) released its quarterly earnings data on Wednesday. The company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.97, MarketWatch Earnings reports. The firm had revenue of $5.44 billion for the quarter, compared to analyst estimates of $5.23 billion. Macys had a net margin of 2.45% and []

Warangal: The CPI Maoist party leaders on Friday called for a bandh on November 27 in memory of Mardhitola martyrs of Gadchiroli district of Maharashtra. They appealed to the people of Maharashtra, Chhattisgarh, Telangana, Andhra Pradesh and Odisha States to support the bandh and make it a big success. In a statement, party spokesperson Abhay []

The NFTs will come in various degrees of rarity, including classic, rare and, ultra rare, according to Macy''s.

John Kernan, senior retail analyst at Cowen, joins 'The Exchange' to discuss which companies could be winning stock picks this holiday season.

Macy's Inc (NYSE:M) shares pulled back by 4.7% on Friday after the stock's big post-earnings gain on Thursday. Macy's reported third-quarter adjusted earnings per share of $1.23 on revenue of $5.4 bil