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

OverviewForecast
EarningsDividendOwnership

Analyst price target for M

Based on 12 analysts offering 12 month price targets for Macy's Inc.
Min Forecast
$15.00-18.92%
Avg Forecast
$23.83+28.83%
Max Forecast
$30.00+62.16%

Should I buy or sell M stock?

Based on 12 analysts offering ratings for Macy's Inc.
Hold
Strong Buy
2 analysts 16.67%
Buy
1 analysts 8.33%
Hold
7 analysts 58.33%
Sell
2 analysts 16.67%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their M stock forecasts and price targets.

M stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 13%
88
HoldMaintains$23.00+24.32%2023-03-03
JP Morgan
Bottom 23%
23
HoldMaintains$28.00+51.35%2023-03-03
Credit Suisse
Bottom 4%
4
SellMaintains$20.00+8.11%2023-03-03
Telsey Advisory Group
Bottom 1%
1
HoldReiterates$25.00+35.14%2023-03-03
Citigroup
Top 3%
98
HoldMaintains$23.00+24.32%2023-02-23
Goldman Sachs
Bottom 18%
18
Strong BuyInitiates Coverage On$28.00+51.35%2023-01-30
JP Morgan
Top 20%
81
HoldMaintains$26.00+40.54%2023-01-23
Deutsche Bank
Bottom 7%
7
HoldMaintains$24.00+29.73%2022-11-18
Anonymous
OTR Global
Strong BuyUpgradesN/AN/A2022-11-09
Jefferies
Bottom 16%
16
Strong BuyMaintains$23.00+24.32%2022-09-15

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Forecast return on equity

Is M forecast to generate an efficient return?
Company
34.87%
Industry
35.93%
Market
52.49%
M's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is M forecast to generate an efficient return on assets?
Company
6.65%
Industry
5.05%
M is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

M earnings per share forecast

What is M's earnings per share in the next 2 years based on estimates from 8 analysts?
Avg 1 year Forecast
$4.26-12.53%
Avg 2 year Forecast
$4.47-8.21%
M's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

M revenue forecast

What is M's revenue in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$24.7B-0.75%
Avg 2 year Forecast
$24.3B-2.08%
M's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

M earnings growth forecast

How is M forecast to perform vs Department Stores companies and vs the US market?
Company
-4.19%
Industry
8.26%
Market
26.78%
M's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
M's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
M's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

M revenue growth forecast

How is M forecast to perform vs Department Stores companies and vs the US market?
Company
-1.04%
Industry
0.31%
Market
9.35%
M's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
M's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

M vs Department Store Stocks

TickerPricePrice TargetUp/downsideConsensus
M$18.50$23.83+28.83%Hold
DDS$321.32$276.00-14.10%Hold
JWN$16.10$20.18+25.32%Hold
KSS$22.80$31.73+39.15%Hold
ARKO$8.40$9.50+13.10%Hold
View Top Department Store Stocks

Macy's Stock Forecast FAQ

Is Macy's Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: M) stock is to Hold M stock.

Out of 12 analysts, 2 (16.67%) are recommending M as a Strong Buy, 1 (8.33%) are recommending M as a Buy, 7 (58.33%) are recommending M as a Hold, 2 (16.67%) are recommending M as a Sell, and 0 (0%) are recommending M as a Strong Sell.

If you're new to stock investing, here's how to buy Macy's stock.

What is M's earnings growth forecast for 2024-2025?

(NYSE: M) Macy's's forecast annual earnings growth rate of -4.19% is not forecast to beat the US Department Stores industry's average forecast earnings growth rate of 8.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 26.78%.

Macy's's earnings in 2023 is $1,412,000,000.On average, 8 Wall Street analysts forecast M's earnings for 2024 to be $1,154,937,026, with the lowest M earnings forecast at $913,647,366, and the highest M earnings forecast at $1,355,559,890.

In 2025, M is forecast to generate $1,211,870,542 in earnings, with the lowest earnings forecast at $989,558,720 and the highest earnings forecast at $1,434,182,364.

What is M's revenue growth forecast for 2024-2025?

(NYSE: M) Macy's's forecast annual revenue growth rate of -1.04% is not forecast to beat the US Department Stores industry's average forecast revenue growth rate of 0.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.35%.

Macy's's revenue in 2023 is $24,844,000,000.On average, 6 Wall Street analysts forecast M's revenue for 2024 to be $6,685,152,353,758, with the lowest M revenue forecast at $6,484,038,777,358, and the highest M revenue forecast at $6,780,239,457,802.

In 2025, M is forecast to generate $6,595,540,084,998 in revenue, with the lowest revenue forecast at $6,409,216,751,445 and the highest revenue forecast at $6,781,863,418,550.

What is M's forecast return on assets (ROA) for 2024-2025?

(NYSE: M) forecast ROA is 6.65%, which is higher than the forecast US Department Stores industry average of 5.05%.

What is M's Price Target?

According to 12 Wall Street analysts that have issued a 1 year M price target, the average M price target is $23.83, with the highest M stock price forecast at $30.00 and the lowest M stock price forecast at $15.00.

On average, Wall Street analysts predict that Macy's's share price could reach $23.83 by Mar 3, 2024. The average Macy's stock price prediction forecasts a potential upside of 28.83% from the current M share price of $18.50.

What is M's Earnings Per Share (EPS) forecast for 2024-2025?

(NYSE: M) Macy's's current Earnings Per Share (EPS) is $4.87. On average, analysts forecast that M's EPS will be $4.26 for 2024, with the lowest EPS forecast at $3.37, and the highest EPS forecast at $5.00. In 2025, M's EPS is forecast to hit $4.47 (min: $3.65, max: $5.29).

What is M's forecast return on equity (ROE) for 2024-2025?

(NYSE: M) forecast ROE is 34.87%, which is considered strong.
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