Investors in Macy's can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. Despite the expected loss the company will probably pay a dividend. Per share the analysts expect a dividend of 33 cents per share. Macy's 's dividend yield thus equals 3,75 percent. The average dividend yield of the general retailers equals a limited 0,46 percent.
Tomorrow Macy's will publish its past quarters results. Over the current book year the total revenue from the company in New York City will be 16,83 billion USD (consensus estimates). This is rather significant lower than 2019's revenue of 25,33 billion USD.
The analysts expect for 2020 a net loss of 1,15 billion USD. The majority of the analysts expects for this year a loss per share of 3,61 USD. The PE-ratio therefore is -2,44.
Macy's 's market capitalization is based on the number of outstanding shares around 2,71 billion USD. The Macy's stock was the past 12 months quite unstable. Since last November the stock is 37 percent lower. This year the stock price moved between 4 and 19 dollar.On Tuesday, the stock closed at 8,8 USD.
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