How to Buy Macy's Stock

Macy's Inc

Macy's is a department store company located in New York, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker M on the NYSE exchange.

Macy's stock last closed at $17.87, down 1% from the previous day, and has increased 33.66% in one year. It has underperformed other stocks in the Department Stores industry by 0.27 percentage points. Macy's stock is currently +83.09% from its 52-week low of $9.76, and -26.79% from its 52-week high of $24.41.

There are currently 265.88M shares of M outstanding. The market value of M is $4.75B. In the past 24 hours, 16.75M M shares were traded.

How to Buy Macy's Stock

Not sure how to invest in Macy's stock? Here's how.

  1. Figure out where to buy Macy's stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Macy's stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your method of payment and add your details.
  4. Evaluate Macy's stock: The Macy's ticker symbol is M. Is Macy's stock a good investment? Should you buy shares of M? How do M's underlying business fundamentals look? Do top analysts think Macy's is a good buy? Why has M's stock price moved recently? (Hint: Our stock research website can help you decide if M is a good stock to buy).
  5. Make your M purchase: Decide if you will purchase M shares at the current market price or use a limit order to buy M shares at a specific price.
  6. Keep tabs on your M investment: Create a watchlist to keep track of your investment in Macy's stock.

Step 1: Figure out where to buy Macy's stock

You will need an online brokerage account in order to access the NYSE market and buy M shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best stock brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to global financial markets: From Technology to Utilities, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy M stock today.

How to Start a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to create a new brokerage account.
  1. Send your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you have opened your account on stock market apps, your next step is to transfer the money for your investment:

Watch this video walkthrough to see the process of depositing money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Macy's stock

Once you have figured out the best place to buy Macy's stock, it's crucial to research their stock before you buy, so you can understand the risk and upside.

Macy's Metrics

M Price
$17.87
1w %
4.81%
1y %
33.66%
5y %
0.51%
P/E
10.27x
P/B
1.1x
P/S
0.21x
PEG
1.7x
Revenue
$22.71B
Earnings
$478.00M
Fore. Rev. Growth
-3.43%
Fore. Earn. Growth
6.04%
Market Cap
$4.75B
Next Earnings
N/A
Next Dividend
Apr 1, 2026

M Due Diligence Score

WallStreetZen was designed to help everyday investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on M's stock page.

Is M stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge M's intrinsic value.

Using relative valuations metrics:

  • M could be undervalued based on its P/E ratio of 10.27x, relative to Department Stores industry P/E ratio of 11.07x
  • M could be undervalued based on its P/B ratio of 1.1x, relative to Department Stores industry P/B ratio of 1.77x
  • M may be overvalued based on its PEG ratio of 1.7x

You can do additional valuation analysis on M's stock here.

M Financial Overview

Passed Health Checks:

  • M earnings of $722.00M is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the M balance sheet.
  • Total M debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the M balance sheet.
  • M profit margin has gone up from 0.5% to 2.1% in the past year.
  • M's operating cash flow of $1.56B allows it to safely service it's debt of $5.24B.

Failed Health Checks:

  • M has a relatively high debt to equity ratio of 2.94.

Do analysts think it's a good time to buy M stock

Out of 10 sell side analysts who monitor M, the consensus analyst rating on M is a Hold

It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent M Analyst Ratings

Blake Anderson, a bottom 25% analyst from Jefferies assumes M with a strong buy rating and announces their M price target of $27.00, on Jan 14, 2026.

Ashley Helgans, a top 33% analyst from Jefferies maintains M with a strong buy rating and raises their M price target from $26.00 to $27.00, on Dec 12, 2025.

Jefferies's Ashley Helgans raised their price target on Macy's (NYSE: M) by 3.8% from $26 to $27 on 2025/12/12. The analyst maintained their Strong Buy rating on the stock.

In a 2026 preview note on their Fashion Brands portfolio, Helgans recommended that investors "prioritize names demonstrating momentum-led upside to estimates versus turnarounds at this point."

Jefferies expects a more resilient consumer across the fashion space and a constructive tariff backdrop at least in the near term, the analyst said.

In that context, Helgans said their 2026 base cases assume stable consumer spending, which will still be pressured at the low end.

Earnings Report

For Q3 2025, Macy's reported:

  • EPS of $0.09, which beat the Zacks Consensus Estimate of $(0.13) and Q3 2024's $0.04.
  • Revenue of $4.71B, which beat the Zacks Consensus Estimate by 2.56% but missed Q3 2024's $4.74B.

For FY 2025, management guided:

  • EPS of $2.00 to $2.20, up from the prior $1.70 to $2.05.
  • Revenue of $21.475B to $21.625B, up from the prior $21.15B to $21.45B.

Chairman & CEO Tony Spring commented: “Our third quarter sales were the strongest in 13 quarters, reflecting the acceleration of our Bold New Chapter strategy and demonstrating that the meaningful enterprise-wide changes we’ve made are resonating with customers.

“As we enter the holiday season, we are well-positioned with compelling new merchandise and an omni-channel customer experience that delivers both inspiration and value.

"With a strategy rooted in hospitality, our teams are focused on driving long-term, profitable growth.”

Brooke Roach, a top 18% analyst from Goldman Sachs maintains M with a hold rating and raises their M price target from $16.50 to $22.00, on Dec 5, 2025.

Michael Binetti, a top 14% analyst from Evercore ISI Group maintains M with a hold rating and raises their M price target from $14.00 to $21.00, on Dec 5, 2025.

Alex Straton, a bottom 9% analyst from Morgan Stanley maintains M with a hold rating and raises their M price target from $20.00 to $21.00, on Dec 5, 2025.

You can dive deeper into what analysts are saying on the Macy's stock forecast page.

M Trading Indicators

SMA10
17.53
SMA20
18.58
SMA50
20.33
SMA100
20.95
SMA200
17.66
MACD
-0.93
MACD Signal
-0.96
MACD Histogram
0.03
RSI
39.76
Stochastic %K
40.39
Stochastic %D
26.46
StochRSI %K
92.53
StochRSI %D
61.83

M Growth Metrics

Last year, M earnings were $478.00M. During the past four year, M's earnings have gone up by -10.73% per year. This was slower than the Department Stores industry average of -1.23%.

Last year, M revenue was $22.71B. In the last 5 year, M's revenue has grown by 3.74% per year. This was slower than the Department Stores industry average of 4.29%.

Dive into M's earnings and revenue performance here.

Who is buying/selling M?

In the past year, insiders at M have sold more shares than they have bought.

Tracy M. Preston, EVP CLO Corporate Secretary of M, was the latest M insider to sell. They sold $131,616.12 worth of M shares on Mar 2, 2026.

Get more info about who owns M stock here.

Does M stock generate passive income?

Macy's pays a dividend of 3.11%, compared to the Department Stores industry's average dividend yield of 4.13%. If you owned $1,000 of M stock, you would have received $31.09 in the past 12 months.

Macy's dividend payments have not consistently grown over the past decade and have not remained stable.

Find more info about Macy's dividend yield and history here.

M Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your M purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

Hit the Open button and eToro will place the order.

If you require more assistance investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep tabs on your M investment

Now that you own some M stock, you'll want to keep up with your new stock purchase.

Put M on a watchlist to get alerted to the latest events about your M stock.

M Feed

How to Buy Stock in Macy's

To summarize, here are the 6 steps to buy Macy's stock:

  1. Figure out where to buy Macy's stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Macy's stock
  5. Make your M purchase
  6. Keep tabs on your M investment

If you require a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Macy's, hit the button below to create your watchlist.

NYSE: M
$17.87-0.18 (-1%)
Updated Mar 20, 2026
Open eToro Account
Your capital is at risk.
NYSE: M
$17.87-0.18 (-1%)
Updated Mar 20, 2026
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Macy's share?

As of Mar 20, 2026, it costs $17.87 to buy one share of Macy's stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.448 shares of M.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Macy's stock?

According to 10 Wall Street analysts who monitor Macy's, their consensus recommendation is to hold Macy's stock.

What is the best way to buy Macy's stock?

One way to place an order for Macy's stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.