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NYSE: M
Macy's Inc Stock Forecast, Predictions & Price Target

Analyst price target for M

Based on 7 analysts offering 12 month price targets for Macy's Inc.
Min Forecast
$14.00-48.4%
Avg Forecast
$27.43+1.1%
Max Forecast
$40.00+47.44%

Should I buy or sell M stock?

Based on 7 analysts offering ratings for Macy's Inc.
Hold
Strong Buy
2 analysts 28.57%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
1 analysts 14.29%
Strong Sell
1 analysts 14.29%

M stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Anonymous
Citigroup
Strong SellMaintains$29.00+6.89%2021-11-19
Credit Suisse
Top 13%
88
SellMaintains$32.00+17.95%2021-11-19
Telsey Advisory Group
Top 36%
65
HoldMaintains$40.00+47.44%2021-11-19
Gordon Haskett
Top 37%
64
Strong BuyUpgrades$33.00+21.64%2021-09-28
Cowen & Co.
Top 16%
85
BuyUpgrades$27.00-0.48%2021-09-09
Morgan Stanley
Top 30%
71
Strong SellMaintains$21.00-22.59%2021-08-20
JP Morgan
Top 14%
87
HoldUpgrades$25.00-7.85%2021-08-20
Jefferies
Top 7%
94
Strong BuyUpgrades$14.00-48.40%2020-12-18

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Forecast return on equity

Is M forecast to generate an efficient return?
Company
33.47%
Industry
159%
Market
37.06%
M's Return on Equity is forecast to be high in 3 years (33.47%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is M forecast to generate an efficient return on assets?
Company
5.72%
Industry
13.39%
M is forecast to generate lower Return on Assets (5.72%) than the US Consumer Cyclical industry average (13.39%)
Forecast

M earnings per share forecast

What is M's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$3.75+124.55%
Avg 2 year Forecast
$3.43+105.39%
Avg 3 year Forecast
$3.40+103.59%
M's earnings are forecast to grow at an exceptional rate of 25.24% per year
Forecast

M revenue forecast

What is M's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$24.2B+14.57%
Avg 2 year Forecast
$24.2B+14.62%
Avg 3 year Forecast
$24.2B+14.59%
M's revenue is forecast to grow at a rate of 4.65% per year, which is not exceptional
Forecast

M earnings growth forecast

How is M forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
25.24%
Industry
14.84%
Market
14.37%
M's earnings are forecast to grow faster (25.24% per year) than the US Consumer Cyclical industry average (14.84%)
Forecast
M's earnings are forecast to grow faster (25.24% per year) than the US market average (14.37%)
Forecast
M's earnings are forecast to grow faster (25.24% per year) than the risk-free savings rate (1.4%)
Forecast

M revenue growth forecast

How is M forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
4.65%
Industry
15.39%
Market
10.03%
M's revenues are forecast to grow slower (4.65% per year) than the US Consumer Cyclical industry average (15.39%)
Forecast
M's revenues are forecast to grow slower (4.65% per year) than the US market average (10.03%)
Forecast

Macy's Stock Forecast FAQ

Is Macy's Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: M) stock is to Hold M stock.

Out of 7 analysts, 2 (28.57%) are recommending M as a Strong Buy, 1 (14.29%) are recommending M as a Buy, 2 (28.57%) are recommending M as a Hold, 1 (14.29%) are recommending M as a Sell, and 1 (14.29%) are recommending M as a Strong Sell.

What is M's earnings growth forecast for 2022-2024?

(NYSE: M) Macy's's forecast annual earnings growth rate of 25.24% is forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 14.84%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Macy's's earnings in 2021 is $517,000,000.On average, 7 Wall Street analysts forecast M's earnings for 2022 to be $1,161,393,169, with the lowest M earnings forecast at $1,099,452,200, and the highest M earnings forecast at $1,223,334,138. On average, 7 Wall Street analysts forecast M's earnings for 2023 to be $1,062,287,618, with the lowest M earnings forecast at $947,696,826, and the highest M earnings forecast at $1,207,848,896.

In 2024, M is forecast to generate $1,052,996,473 in earnings, with the lowest earnings forecast at $972,473,213 and the highest earnings forecast at $1,130,422,684.

What is M's revenue growth forecast for 2022-2024?

(NYSE: M) Macy's's forecast annual revenue growth rate of 4.65% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 15.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Macy's's revenue in 2021 is $21,123,000,000.On average, 5 Wall Street analysts forecast M's revenue for 2022 to be $7,495,310,037,483, with the lowest M revenue forecast at $7,473,921,201,478, and the highest M revenue forecast at $7,515,917,178,460. On average, 5 Wall Street analysts forecast M's revenue for 2023 to be $7,498,613,349,360, with the lowest M revenue forecast at $7,319,474,492,325, and the highest M revenue forecast at $7,769,875,151,360.

In 2024, M is forecast to generate $7,496,652,298,282 in revenue, with the lowest revenue forecast at $7,230,003,859,653 and the highest revenue forecast at $7,871,148,635,675.

What is M's forecast return on assets (ROA) for 2022-2024?

(NYSE: M) forecast ROA is 5.72%, which is lower than the forecast US Consumer Cyclical industry average of 13.39%.

What is M's Price Target?

According to 7 Wall Street analysts that have issued a 1 year M price target, the average M price target is $27.43, with the highest M stock price forecast at $40.00 and the lowest M stock price forecast at $14.00.

On average, Wall Street analysts predict that Macy's's share price could stay at $27.43 by Nov 19, 2022. The average Macy's stock price prediction forecasts a potential downside of N/A from the current M share price of $27.13.

What is M's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: M) Macy's's current Earnings Per Share (EPS) is $1.67. On average, analysts forecast that M's EPS will be $3.75 for 2022, with the lowest EPS forecast at $3.55, and the highest EPS forecast at $3.95. On average, analysts forecast that M's EPS will be $3.43 for 2023, with the lowest EPS forecast at $3.06, and the highest EPS forecast at $3.90. In 2024, M's EPS is forecast to hit $3.40 (min: $3.14, max: $3.65).

What is M's forecast return on equity (ROE) for 2022-2024?

(NYSE: M) forecast ROE is 33.47%, which is considered strong.
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