Macy's (M) Tops Q1 EPS by 1c; Boosts Diivdend 25%, Adds $1.5B to Buyback Plan
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Goldman Sachs Comments on Macy's (M) Q1
May 14, 2014 11:44 AM EDTGoldman Sachs maintained a Buy rating on Macy's (NYSE: M) with a price target of $65. Comments follow Q1 results. Despite a tough comp, analyst Stephen Grambling said he would be a buyer ahead of acceleration in H2.
"Macys (M) reported adjusted... More
Macy's (M) Q1 Viewed as 'Good Enough" - Wells Fargo
May 14, 2014 11:26 AM EDTWells Fargo maintained an Outperform rating on Macy's (NYSE: M) with a price target of $68. Analyst Paul Lejuez described Q1 as "good enough."
"M posted EPS slightly above consensus, but comps declined. Management reiterated its annual guidance, and business has improved in... More
Stifel Affirms Macy's (M) at 'Buy'; Q1 Results Strong Amid Challenging Environment, Still Very Well Positioned
May 14, 2014 9:17 AM EDTStifel reaffirms its Buy rating and $64 target price on Macy's (NYSE: M) following Q! results issued ahead of the bell Wednesday.
Analyst Richard Jaffe noted that Macy's Q1 EPS of $.60 came in below his $.62 estimate, but above consensus views calling for $.59. Despite a challenging environment in 1Q, Macys was able... More
Macys (M) Raises Quarterly Dividend 25% to $0.3125; 2.2% Yield
May 14, 2014 8:02 AM EDTMacys (NYSE: M) declared a quarterly dividend of $0.3125 per share, or $1.25 annualized. This is a 25% increase from the prior dividend of $0.2500.
The dividend will be payable on July 1, 2014, to stockholders of record on June 13, 2014, with an ex-dividend date of June 11,... More
