Macy's (M) Stock Forecast for 2023 – 2026. Sell or Buy Prediction







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Macy’s (M) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: February 27, 2024 (07:32)

Sector: Counsumer cyclical

The share price of Macy's, Inc. (M) now

Latest session on the 27th of February for
Macy's, Inc. is positive
Trading Volume: 18487960
Open: 19.2 /  High: 20.76 /  Low: 19.16
What analysts predict: $17.92
52-week High/Low: $22.23 / $10.45

50/200 Day Moving Average: $18.97 / $15.19

This figure corresponds to the Average Price over the previous 50/200 days. For Macy's stocks, the 50-day moving average is the support level today.

For Macy's stocks, the 200-day moving average is the support level today.

Are you interested in Macy's, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Macy's stock price in 2024, 2025, 2026, 2027, 2028. How much will one Macy's share be worth in 2024 - 2028?

When should I take profit in Macy's stock? When should I record a loss on Macy's stock? What are analysts' forecasts for Macy's stock? What is the future of Macy's stock? We forecast Macy's stock performance using neural networks based on historical data on Macy's stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Macy's stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Macy's shares. This happens once a day.


Historical and forecast chart of Macy's stock

The chart below shows the historical price of Macy's stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Macy's stock price can be found in the table below.

Long-term forecasts by years.

Macy’s is an American holding company. He is the owner of the famous Macy’s and Bloomingdale’s department stores, which specialize in the sale of clothing, footwear, accessories, bedding, jewelry and household goods, and much more. And also Bluemercury, a chain of luxury beauty products and spa stores. As of 2016, the company operates about 900 stores located in the United States, Guam and Puerto Rico.

Deloitte’s 2010 sales revenue data, Macy’s, Inc. is the world’s largest retailer of fashion and the 36th largest retailer in the United States, with 2010 sales of $ 25 billion. In 2016, the company’s net income was over $ 600 million.

The history of the company began as a small store at the intersection of 14th and 6th avenues in New York in 1858. First day sales were $ 11.06, but by the end of the first full year, sales were about $ 85,000. By 1877, RH Macy & Co. became a full-fledged department store.

Official site of the company

Macy's daily forecast for a month

Date Target Pes. Opt. Vol., %
Feb 29 19.87 19.35 20.60 6.47
Mar 01 20.53 20.05 21.62 7.83
Mar 02 19.59 18.41 20.19 9.65
Mar 03 18.80 18.39 19.74 7.36
Mar 04 18.96 18.35 19.26 4.96
Mar 05 19.05 18.69 19.99 6.96
Mar 06 18.94 18.11 20.03 10.59
Mar 07 18.96 18.15 19.26 6.11
Mar 08 18.38 17.48 18.78 7.41
Mar 09 18.50 18.14 19.39 6.88
Mar 10 17.38 16.36 17.97 9.80
Mar 11 17.03 16.28 17.85 9.65
Mar 12 17.45 17.02 18.41 8.15
Mar 13 18.75 18.42 19.70 6.94
Mar 14 19.03 17.96 19.80 10.25
Mar 15 18.31 17.79 18.90 6.25
Mar 16 19.26 18.44 19.82 7.52
Mar 17 19.30 18.93 19.91 5.20
Mar 18 20.03 19.64 21.03 7.11
Mar 19 19.56 19.05 20.58 8.01
Mar 20 18.87 18.17 19.86 9.35
Mar 21 18.43 17.59 19.18 9.04
Mar 22 18.81 18.12 19.27 6.38
Mar 23 19.58 18.98 20.57 8.36
Mar 24 21.02 20.25 22.16 9.42
Mar 25 21.83 20.58 22.27 8.19
Mar 26 20.27 19.72 21.11 7.01
Mar 27 19.19 18.47 20.06 8.57
Mar 28 19.32 18.51 19.90 7.52
Mar 29 18.08 17.45 18.63 6.76

Macy's Daily Price Targets


Macy's Stock Forecast 02-29-2024.

Forecast target price for 02-29-2024: $19.87.
Positive dynamics for Macy's shares will prevail with possible volatility of 6.077%.
Pessimistic target level: 19.35
Optimistic target level: 20.60

Macy's Stock Forecast 03-01-2024.

Forecast target price for 03-01-2024: $20.53.
Positive dynamics for Macy's shares will prevail with possible volatility of 7.263%.
Pessimistic target level: 20.05
Optimistic target level: 21.62

Macy's Stock Forecast 03-02-2024.

Forecast target price for 03-02-2024: $19.59.
Negative dynamics for Macy's shares will prevail with possible volatility of 8.804%.
Pessimistic target level: 18.41
Optimistic target level: 20.19

Macy's Stock Forecast 03-03-2024.

Forecast target price for 03-03-2024: $18.80.
Negative dynamics for Macy's shares will prevail with possible volatility of 6.856%.
Pessimistic target level: 18.39
Optimistic target level: 19.74

Macy's Stock Forecast 03-04-2024.

Forecast target price for 03-04-2024: $18.96.
Positive dynamics for Macy's shares will prevail with possible volatility of 4.726%.
Pessimistic target level: 18.35
Optimistic target level: 19.26

Macy's Stock Forecast 03-05-2024.

Forecast target price for 03-05-2024: $19.05.
Positive dynamics for Macy's shares will prevail with possible volatility of 6.503%.
Pessimistic target level: 18.69
Optimistic target level: 19.99

M (M) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Mar. 19.86 17.16 21.58 20.49
Apr. 18.38 16.38 19.16 14.51
May. 16.85 16.10 17.53 8.17
Jun. 16.44 15.41 18.60 17.14
Jul. 15.44 13.63 16.07 15.19
Aug. 17.85 16.76 18.85 11.11
Sep. 19.58 18.78 22.11 15.05
Oct. 20.85 18.58 22.62 17.86
Nov. 19.29 16.80 21.39 21.46
Dec. 22.47 21.09 23.96 11.96

Macy's forecast for this year


Macy's Stock Prediction for Mar 2024

An uptrend is forecast for this month with an optimal target price of $19.8616. Pessimistic: $17.16. Optimistic: $21.58


Macy's Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $18.376. Pessimistic: $16.38. Optimistic: $19.16


Macy's Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $16.8453. Pessimistic: $16.10. Optimistic: $17.53


Macy's Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $16.4444. Pessimistic: $15.41. Optimistic: $18.60


Macy's Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $15.438. Pessimistic: $13.63. Optimistic: $16.07


Macy's Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $17.8525. Pessimistic: $16.76. Optimistic: $18.85


Macy's Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $19.5824. Pessimistic: $18.78. Optimistic: $22.11


Macy's Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $20.8474. Pessimistic: $18.58. Optimistic: $22.62


Macy's Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $19.288. Pessimistic: $16.80. Optimistic: $21.39


Macy's Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $22.4686. Pessimistic: $21.09. Optimistic: $23.96



Macy's (M) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 23.81 22.55 25.34 11.02
Feb 23.00 20.53 25.81 20.45
Mar 21.75 20.01 23.26 13.98
Apr 22.63 20.52 24.09 14.85
May 23.40 20.42 25.67 20.46
Jun 24.95 22.41 26.61 15.78
Jul 26.78 24.50 27.78 11.80
Aug 26.82 24.09 29.29 17.75
Sep 24.95 22.24 26.10 14.79
Oct 26.74 23.92 29.92 20.05
Nov 27.64 26.05 31.07 16.18
Dec 28.16 26.77 30.70 12.79

Macy's (M) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 28.74 26.98 31.28 13.74
Feb 29.08 26.36 31.05 15.12
Mar 32.88 30.82 34.11 9.67
Apr 34.62 30.67 37.62 18.46
May 35.50 33.87 37.97 10.81
Jun 37.43 33.42 41.76 19.96
Jul 33.04 29.67 35.29 15.92
Aug 34.11 30.28 37.24 18.68
Sep 34.92 31.18 38.30 18.60
Oct 35.22 33.96 37.73 10.00
Nov 40.01 36.47 44.90 18.78
Dec 42.25 38.66 43.83 11.80

Macy's (M) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 48.28 46.48 50.50 7.96
Feb 53.13 46.80 55.02 14.94
Mar 58.36 52.81 63.62 17.00
Apr 62.33 57.67 65.19 11.54
May 72.19 68.63 79.67 13.86
Jun 69.49 64.05 72.91 12.15
Jul 58.26 51.63 62.82 17.82
Aug 55.19 51.63 58.57 11.85
Sep 58.85 53.75 66.86 19.60
Oct 57.65 53.73 63.93 15.95
Nov 61.77 59.46 65.13 8.71
Dec 68.07 64.95 72.12 9.95

Macy's (M) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 79.64 72.06 85.33 15.55
Feb 85.60 77.89 92.58 15.87
Mar 82.40 76.23 93.04 18.07
Apr 90.66 83.57 99.91 16.35
May 86.35 75.19 95.30 21.10
Jun 87.37 78.76 90.64 13.11
Jul 82.77 75.87 85.58 11.34
Aug 70.53 63.09 78.20 19.32
Sep 74.96 69.61 83.25 16.38
Oct 75.35 65.10 83.67 22.20
Nov 80.73 76.06 89.10 14.63
Dec 81.96 77.78 91.16 14.67

Macy's information and performance

Macy's Address

7 WEST SEVENTH STREET, CINCINNATI, OH, US

Market Capitalization: 5 278 646 000 $

Market capitalization of the Macy's, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of M shares in the company outstanding by the market price of one share.

EBITDA: 1 768 000 000 $

EBITDA of Macy's is earnings before interest, income tax and depreciation of assets.

PE Ratio: 7.86

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.913

Price/earnings to growth

DPS: 0.654

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0344

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 2.45

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.615
Quarterly Revenue Growth YOY: -0.078
Trailing PE: 7.86

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 6.69

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.464

Enterprise Value (EV) /Revenue

EV To EBITDA: 5.84

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 274073000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Macy's (M) stock dividend

Macy's last paid dividends on 12/14/2023. The next scheduled payment will be on 01/02/2024. The amount of dividends is $0.654 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.