Previous Close | 9.41 |
YTD Return | -17.05% |
Expense Ratio (net) | 0.00% |
Category | Multisector Bond |
Last Cap Gain | 0.00 |
Morningstar Rating | ★★★★★ |
Morningstar Risk Rating | Above Average |
Sustainability Rating | N/A |
Net Assets | 4.05B |
Beta (5Y Monthly) | N/A |
Yield | N/A |
5y Average Return | N/A |
Holdings Turnover | N/A |
Last Dividend | 0.03 |
Average for Category | N/A |
Inception Date | Jul 31, 2003 |
While still far below the all-time highs, Macy's, Inc. (NYSE: M) has rallied significantly from the 2020 lows. Yet, despite the improving fundamentals and reinstated dividend, the stock remains trading in a single-digit price-to-earnings (P/E) ratio.
Yahoo Finance's Jared Blikre examines the market action around the Dow and the S&P, in addition to looking at the retail sector and the EV space.
Macy's has decided not to spin off its e-commerce operations. That was a good decision, says Forrester retail analyst Sucharita Kodali.