Previous close | 23.32 |
Open | 23.43 |
Bid | 23.24 x 800 |
Ask | 23.76 x 1200 |
Day's range | 23.34 - 23.77 |
52-week range | 15.10 - 28.21 |
Volume | |
Avg. volume | 9,876,205 |
Market cap | 6.406B |
Beta (5Y monthly) | 1.78 |
PE ratio (TTM) | 4.97 |
EPS (TTM) | 4.75 |
Earnings date | 20 Feb 2023 - 24 Feb 2023 |
Forward dividend & yield | 0.63 (2.73%) |
Ex-dividend date | 14 Dec 2022 |
1y target est | 23.48 |
Retail is a tough business in any economic climate. A small number of retailers -- think Costco (NASDAQ: COST) and Amazon (NASDAQ: AMZN) -- manage to build up durable competitive advantages over the course of decades. Consumer electronics retailer Best Buy (NYSE: BBY) goes for around 13 times earnings, department store Macy's (NYSE: M) trades for less than 5 times earnings, and grocery chain Kroger (NYSE: KR) changes hands for roughly 14 times earnings.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Macy's (M) closed at $23.32 in the latest trading session, marking a +1.04% move from the prior day.