State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Macy's Inc — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.8, while Macy's Inc trades at $24.16 (market cap $6.25B). The key difference: Macy's Inc pays a 3.22% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and Macy's Inc is trading nearer its 52-week high, State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF nearer its low. Which is the better fit depends on your goals.
| FLRN | M | |
|---|---|---|
Sector | Sector/Thematic | Consumer Cyclical |
52-Week High | $30.86 | $25.96 |
52-Week Low | $30.65 | $11.90 |
Market Cap | — | $6.25B |
Enterprise Value | — | $10.06B |
Dividend Yield | — | 3.22% |
Signals from Pluang's Aura AI — not financial advice
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Macy's (M) trades at $23.21, up 1.89% on the day, with a bullish technical signal and consistent earnings beats in recent quarters. The stock exhibits attractive valuation metrics, including a P/E of 9.82 and P/S of 0.29, while recent operational improvements under the 'Bold New Chapter' strategy are driving investor optimism. Net income margin improved to 2.94% in 2025, and positive cash flow generation supports financial stability.
The outlook is cautiously optimistic, with a consensus price target of $24.83 offering modest upside. Key opportunities include luxury brand expansion and digital transformation, but risks remain from margin pressure, retail sector headwinds, and execution challenges in the turnaround plan. Institutional interest is growing, notably with Berkshire Hathaway's new position.
Trailing returns across standard periods
Latest headlines on both assets
FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →Founded in 1858 and based in New York City, Macy's operates 570 stores under the Macy's nameplate, 58 stores under the Bloomingdale's nameplate, and 160 freestanding Bluemercury specialty beauty stores (as of the end of fiscal-year 2021). Macy's also operates e-commerce sites and licenses two Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances comprised 59% of Macy's 2021 sales.
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