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Buy Macy’s Stocks

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buy macy's stocks

Are you looking to buy Macy’s stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:M! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Macy’s stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.

Macy’s, Inc., an omnichannel retail organization, operates stores, websites, and mobile applications under the Macy’s, Bloomingdale’s, and bluemercury brands. It sells a range of merchandise, including apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods. As of February 1, 2020, the company operated 775 store locations in 43 states, the District of Columbia, Puerto Rico, and Guam. It also operates in Dubai, the United Arab Emirates and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in 2007. Macy’s, Inc. was founded in 1830 and is based in New York, New York.

Average volume

29.25 million shs

MARKET CAP

$4.78 billion

Stock exchange

NYSE

Buy this stock!

NAME
TICKER
INDUSTRY
SECTOR
VOLUME
BUY THIS STOCK NOW
Macy’s
NYSE:M
Department stores
Retail/Wholesale
271,655 shs

How to buy Macy’s stocks?

Below is a quick guide on how to buy NYSE:M stocks safe, fast and around the world in less than five minutes.

Step 1: Open an account with eToro – eToro is the best broker to buy Macy’s shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.

Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.

Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.

Step 4: Buy Macy’s – Search for “”NYSE:M”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Macy’s stocks with 0% commission!.

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Is Macy’s a buy right now?

14 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Macy’s in the last year. There are currently 8 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” Macy’s stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in M, but not buy additional shares or sell existing shares.

What stocks does Reportlab like better than Macy’s?

Wall Street analysts have given Macy’s a “Hold” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Macy’s wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.

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Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

How to buy Macy’s stocks step by step guide

It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:M stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Macy’s stocks with a step by step approach.

Step 1: Open an Account with a Broker

You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Macy’s stocks with 0% comission, to sign up just click on open account in the following table or compare other options.

Step 2: Verify your Account

Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).

Step 3: Fund your eToro Account

Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.

Step 4: Search for Macy’s stocks

Now that you’ve funded your eToro account, just type “NYSE:M stocksinto the search bar at the top of the screen and press “trade”.

Step 5: Buy NYSE:M

All that’s left is to buy some NYSE:M stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.

How And Where To Buy Stocks Conclusion

All in all, NYSE:M is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Macy’s stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.

When is Macy’s’ next earnings date?

Macy’s is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Macy’s.

How were Macy’s’ earnings last quarter?

Macy’s, Inc. (NYSE:M) issued its quarterly earnings results on Wednesday, November, 18th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.81) by $0.62. The business earned $3.99 billion during the quarter, compared to analyst estimates of $3.85 billion. Macy’s had a negative trailing twelve-month return on equity of 8.21% and a negative net margin of 19.91%. During the same period in the prior year, the firm posted $0.07 EPS.
View Macy’s’ earnings history.

How has Macy’s’ stock price been impacted by Coronavirus?

Macy’s’ stock was trading at $9.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, M shares have increased by 62.8% and is now trading at $15.45.

How often does Macy’s pay dividends? What is the dividend yield for Macy’s?

Macy’s announced a quarterly dividend on Friday, February 28th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.377 per share on Wednesday, April 1st. This represents a $1.51 annualized dividend and a dividend yield of 9.76%. The ex-dividend date is Thursday, March 12th.
View Macy’s’ dividend history.

Where to Buy Macy’s Stocks Broker Reviews

Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:M stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./

  • eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.

Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.

Excellent for both new and experienced traders

eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.

What price target have analysts set for M?

14 equities research analysts have issued 12 month price targets for Macy’s’ shares. Their forecasts range from $3.00 to $22.00. On average, they expect Macy’s’ stock price to reach $8.65 in the next twelve months. This suggests that the stock has a possible downside of 44.0%.
View analysts’ price targets for Macy’s or view top-rated stocks among Wall Street analysts.

Are investors shorting Macy’s?

Macy’s saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 88,790,000 shares, a decline of 18.3% from the December 31st total of 108,650,000 shares. Based on an average daily trading volume, of 30,130,000 shares, the short-interest ratio is currently 2.9 days. Approximately 28.8% of the company’s stock are sold short.
View Macy’s’ Short Interest.

Who are Macy’s’ key executives?

Macy’s’ management team includes the following people:
Mr. Jeffrey Gennette, Chairman & CEO (Age 60, Pay $2.32M)
Mr. John T. Harper, Exec. VP & COO (Age 61, Pay $1.51M)
Ms. Elisa D. Garcia C., Chief Legal Officer, Exec. VP & Sec. (Age 63, Pay $1.01M)
Ms. Danielle L. Kirgan, Exec. VP and Chief Transformation & HR Officer (Age 45, Pay $1.04M)
Mr. Adrian V. Mitchell, Chief Financial Officer
Mr. Paul Griscom, Sr. VP, Controller & Interim Principal Accounting Officer (Age 40)
Mr. Naveen Krishna, Chief Technology Officer
Mr. Michael P. McGuire, Head of Investor Relations
Mr. William L. Hawthorne III, Sr. VP of Diversity Strategies & Legal Affairs (Age 65)
Mr. Bradley R. Mays, Sr. VP of Tax

What is Jeff Gennette’s approval rating as Macy’s’ CEO?

2,528 employees have rated Macy’s CEO Jeff Gennette on Glassdoor.com. Jeff Gennette has an approval rating of 62% among Macy’s’ employees. This puts Jeff Gennette in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Macy’s’ key competitors?

Some companies that are related to Macy’s include Burlington Stores (BURL), Kohl’s (KSS), Marks and Spencer Group plc (MKS.L) (MKS), Dillard’s (DDS), Sears (SHLDQ), Old COPPER (JCPNQ), McColl’s Retail Group (MCLS), Laura Ashley (ALY), The Bon-Ton Stores (BONTQ), AuMake International Limited (AU8.AX) (AU8), Briscoe Group Limited (BGP.AX) (BGP), El Puerto de Liverpool (ELPQF), FamilyMart (FYRTY), Harvey Norman (HNORY) and Harvey Norman Holdings Limited (HVN.AX) (HVN).
View all of M’s competitors.

What other stocks do shareholders of Macy’s own?

What other stocks do shareholders of Macy’s own?

1
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Minimal deposit
$50
Exclusive promotion
Our score
10
★★★★★

0% commission

Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

What is Macy’s’ stock symbol?

Macy’s trades on the New York Stock Exchange (NYSE) under the ticker symbol “M.”

Who are Macy’s’ major shareholders?

Macy’s’ stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.73%), Yacktman Asset Management LP (8.10%), Douglas Lane & Associates LLC (1.06%), California Public Employees Retirement System (0.24%), New York State Teachers Retirement System (0.15%) and Russell Investments Group Ltd. (0.13%). Company insiders that own Macy’s stock include C Elisa D Garcia, Deirdre P Connelly, Felicia Williams, Francis S Blake, Harry A Lawton III, Jeffrey Gennette, John T Harper, Joyce M Roche and Paula A Price.
View institutional ownership trends for Macy’s.

Which institutional investors are selling Macy’s stock?

M stock was sold by a variety of institutional investors in the last quarter, including Yacktman Asset Management LP, Cambridge Investment Research Advisors Inc., QV Investors Inc., Crossmark Global Holdings Inc., Texas Permanent School Fund, Aperio Group LLC, State of Alaska Department of Revenue, and Victory Capital Management Inc.. Company insiders that have sold Macy’s company stock in the last year include Felicia Williams, and John T Harper.
View insider buying and selling activity for Macy’s or view top insider-selling stocks.

Which institutional investors are buying Macy’s stock?

M stock was bought by a variety of institutional investors in the last quarter, including Hussman Strategic Advisors Inc., Cumberland Advisors Inc., Paradigm Capital Management Inc. NY, SG Americas Securities LLC, Y Intercept Hong Kong Ltd, Douglas Lane & Associates LLC, California Public Employees Retirement System, and GSA Capital Partners LLP. Company insiders that have bought Macy’s stock in the last two years include Francis S Blake, Harry A Lawton III, Jeffrey Gennette, and Joyce M Roche.
View insider buying and selling activity for Macy’s or or view top insider-buying stocks.

How do I buy shares of Macy’s?

Shares of M can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include {aanbieder[1]}, {aanbieder2[1]}, {aanbieder3[1]}, {aanbieder4[1]}, {aanbieder5[1]}, and {aanbieder6[1]}.

What is Macy’s’ stock price today?

One share of M stock can currently be purchased for approximately $15.45.

Frequently asked questions

The safest and easiest way to buy NYSE:M is by using a regulated broker like eToro. You can open an account with the platform, make a deposit and buy this investment all in under 5 minutes from start to finish.

Another option is using a regulated exchange like Binance or Coinbase. You can open an account with these exchanges and start buying or trading. ?

You will first want to find a licensed broker that supports NYSE:M stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:M stocks in a safe and complete environment.

As with any other asset, there is an element of risk associated with buying NYSE:M stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.

 

All stocks are volatile, or affected by market circumstances. The case with NYSE:M is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Macy’s stock.

You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Macy’s stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:M stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.

To sell your NYSE:M stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.

eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:M stock.

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Stephen Johnson
Stephen Johnson

Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.

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