Macy’s, Inc. (NYSE:M) will release its first-quarter financial results before the opening bell on Wednesday, May 28.

Analysts expect the company to report quarterly earnings at 14 cents per share, down from 27 cents per share in the year-ago period and quarterly revenue of $4.5 billion, compared to $4.85 billion a year earlier, according to data from Benzinga Pro.

On May 6, Morgan Stanley analyst Alex Straton maintained Macy’s with an Equal-Weight rating and lowered the price target from $14 to $12.

With the recent buzz around Macy’s, some investors may be eyeing potential gains from the company’s dividends too. As of now, Macy’s offers an annual dividend yield of 6.31%, which is a quarterly dividend amount of 18.24 per share (73 cents a year).

To figure out how to earn $500 monthly from Macy’s, we start with …

Full story available on Benzinga.com

Macy’s, Inc. (NYSE:M) will release its first-quarter financial results before the opening bell on Wednesday, May 28.

Analysts expect the company to report quarterly earnings at 14 cents per share, down from 27 cents per share in the year-ago period and quarterly revenue of $4.5 billion, compared to $4.85 billion a year earlier, according to data from Benzinga Pro.

On May 6, Morgan Stanley analyst Alex Straton maintained Macy’s with an Equal-Weight rating and lowered the price target from $14 to $12.

With the recent buzz around Macy’s, some investors may be eyeing potential gains from the company’s dividends too. As of now, Macy’s offers an annual dividend yield of 6.31%, which is a quarterly dividend amount of 18.24 per share (73 cents a year).

To figure out how to earn $500 monthly from Macy’s, we start with …

Full story available on Benzinga.com

 Macy’s, Inc. (NYSE:M) will release its first-quarter financial results before the opening bell on Wednesday, May 28.
Analysts expect the company to report quarterly earnings at 14 cents per share, down from 27 cents per share in the year-ago period and quarterly revenue of $4.5 billion, compared to $4.85 billion a year earlier, according to data from Benzinga Pro.
On May 6, Morgan Stanley analyst Alex Straton maintained Macy’s with an Equal-Weight rating and lowered the price target from $14 to $12.
With the recent buzz around Macy’s, some investors may be eyeing potential gains from the company’s dividends too. As of now, Macy’s offers an annual dividend yield of 6.31%, which is a quarterly dividend amount of 18.24 per share (73 cents a year).
To figure out how to earn $500 monthly from Macy’s, we start with …Full story available on Benzinga.com   Read More$500 Dividend, dividend yield, dividends, Earnings, Long Ideas, M, News, Stories that mattter, Markets, Trading Ideas, M, US55616P1049, Long Ideas, News, Earnings, Markets, Trading Ideas, Benzinga Markets