Previous close | 9.51 |
YTD return | -12.30% |
Expense ratio (net) | 0.00% |
Category | Multisector Bond |
Last cap gain | 0.00 |
Morningstar rating | ★★★★★ |
Morningstar risk rating | Average |
Sustainability rating | N/A |
Net assets | 5.16B |
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 | 31 Jul 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.