Macy's (M) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Macy’s (M) Stock Forecast for 2024–2028. Sell or Buy?

Updated: March 28, 2024 (07:32)

Sector: Counsumer cyclical

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

Latest session on the 27th of March for
Macy's, Inc. is positive
Trading Volume: 6062984
Open: 19.25 /  High: 19.94 /  Low: 19.135
What analysts predict: $19.33
52-week High/Low: $22.1 / $10.36

50/200 Day Moving Average: $19.37 / $15.84

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., %
Mar 30 19.24 18.30 20.01 9.30
Mar 31 19.28 18.34 20.44 11.43
Apr 01 18.62 17.79 19.39 8.95
Apr 02 18.69 17.99 19.64 9.19
Apr 03 19.43 18.60 20.01 7.60
Apr 04 18.98 18.40 19.34 5.11
Apr 05 19.29 18.29 20.00 9.33
Apr 06 19.57 19.22 20.43 6.34
Apr 07 20.77 20.35 21.47 5.51
Apr 08 21.33 20.71 22.24 7.42
Apr 09 20.98 20.60 21.39 3.82
Apr 10 21.15 20.30 22.20 9.38
Apr 11 20.65 19.95 21.11 5.82
Apr 12 20.95 19.82 21.47 8.32
Apr 13 20.34 19.72 20.88 5.88
Apr 14 21.17 20.34 22.12 8.74
Apr 15 20.99 20.31 21.38 5.27
Apr 16 20.72 19.93 21.67 8.73
Apr 17 20.77 20.02 21.75 8.64
Apr 18 20.44 19.80 20.96 5.89
Apr 19 20.06 19.07 20.84 9.31
Apr 20 19.38 18.77 20.17 7.43
Apr 21 19.83 19.48 20.38 4.66
Apr 22 20.79 20.15 21.97 9.05
Apr 23 21.94 21.36 23.16 8.40
Apr 24 22.83 21.73 23.34 7.41
Apr 25 22.84 21.90 24.22 10.56
Apr 26 21.15 20.53 21.93 6.80
Apr 27 20.23 19.20 20.53 6.95
Apr 28 18.92 18.03 19.82 9.92

Macy's Daily Price Targets


Macy's Stock Forecast 03-30-2024.

Forecast target price for 03-30-2024: $19.24.
Negative dynamics for Macy's shares will prevail with possible volatility of 8.512%.
Pessimistic target level: 18.30
Optimistic target level: 20.01

Macy's Stock Forecast 03-31-2024.

Forecast target price for 03-31-2024: $19.28.
Positive dynamics for Macy's shares will prevail with possible volatility of 10.259%.
Pessimistic target level: 18.34
Optimistic target level: 20.44

Macy's Stock Forecast 04-01-2024.

Forecast target price for 04-01-2024: $18.62.
Negative dynamics for Macy's shares will prevail with possible volatility of 8.211%.
Pessimistic target level: 17.79
Optimistic target level: 19.39

Macy's Stock Forecast 04-02-2024.

Forecast target price for 04-02-2024: $18.69.
Positive dynamics for Macy's shares will prevail with possible volatility of 8.420%.
Pessimistic target level: 17.99
Optimistic target level: 19.64

Macy's Stock Forecast 04-03-2024.

Forecast target price for 04-03-2024: $19.43.
Positive dynamics for Macy's shares will prevail with possible volatility of 7.063%.
Pessimistic target level: 18.60
Optimistic target level: 20.01

Macy's Stock Forecast 04-04-2024.

Forecast target price for 04-04-2024: $18.98.
Negative dynamics for Macy's shares will prevail with possible volatility of 4.859%.
Pessimistic target level: 18.40
Optimistic target level: 19.34

M (M) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Apr. 21.94 19.18 23.10 16.96
May. 23.77 22.03 25.55 13.76
Jun. 25.51 23.12 27.94 17.23
Jul. 26.11 23.85 27.89 14.48
Aug. 26.91 24.99 28.42 12.07
Sep. 24.90 21.56 28.12 23.34
Oct. 26.34 23.83 28.76 17.13
Nov. 25.85 22.64 27.74 18.38
Dec. 24.22 22.16 25.09 11.65

Macy's forecast for this year


Macy's Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $21.9422. Pessimistic: $19.18. Optimistic: $23.10


Macy's Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $23.77. Pessimistic: $22.03. Optimistic: $25.55


Macy's Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $25.5076. Pessimistic: $23.12. Optimistic: $27.94


Macy's Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $26.1146. Pessimistic: $23.85. Optimistic: $27.89


Macy's Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $26.9137. Pessimistic: $24.99. Optimistic: $28.42


Macy's Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $24.9006. Pessimistic: $21.56. Optimistic: $28.12


Macy's Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $26.3399. Pessimistic: $23.83. Optimistic: $28.76


Macy's Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $25.8473. Pessimistic: $22.64. Optimistic: $27.74


Macy's Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $24.2215. Pessimistic: $22.16. Optimistic: $25.09



Macy's (M) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 22.86 20.80 24.57 15.34
Feb 20.10 18.09 22.67 20.20
Mar 19.97 17.83 22.58 21.05
Apr 18.98 17.79 20.43 12.95
May 20.18 17.64 21.17 16.69
Jun 20.55 19.82 21.67 8.55
Jul 23.21 22.26 26.25 15.18
Aug 22.70 21.42 24.97 14.21
Sep 25.20 21.99 26.79 17.91
Oct 27.13 24.92 30.36 17.93
Nov 23.26 22.43 24.13 7.05
Dec 24.21 21.74 26.31 17.36

Macy's (M) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 22.60 20.22 25.44 20.54
Feb 19.76 17.27 22.34 22.70
Mar 18.52 17.00 19.93 14.69
Apr 21.10 18.73 21.85 14.28
May 23.46 22.31 26.53 15.93
Jun 23.26 22.08 24.49 9.85
Jul 24.77 21.86 26.41 17.22
Aug 26.45 24.07 27.62 12.86
Sep 25.46 22.26 27.50 19.05
Oct 25.94 23.51 27.17 13.47
Nov 29.91 26.20 31.99 18.12
Dec 32.80 31.30 34.25 8.63

Macy's (M) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 36.15 33.14 40.33 17.83
Feb 35.90 32.79 37.67 12.96
Mar 36.21 33.93 40.09 15.36
Apr 34.98 32.72 38.96 16.02
May 32.54 29.89 33.76 11.47
Jun 36.97 32.88 40.11 18.02
Jul 31.37 30.31 34.63 12.48
Aug 26.89 25.98 30.23 14.06
Sep 25.80 23.87 26.85 11.11
Oct 24.48 21.90 25.69 14.74
Nov 24.06 21.24 25.74 17.48
Dec 27.38 24.86 28.82 13.73

Macy's (M) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 28.22 26.97 29.89 9.79
Feb 31.05 27.72 32.21 13.93
Mar 31.15 29.51 34.01 13.23
Apr 29.72 27.80 32.70 14.99
May 32.96 31.67 34.24 7.53
Jun 37.27 35.30 39.11 9.72
Jul 39.55 37.40 44.32 15.62
Aug 38.20 33.33 43.40 23.20
Sep 32.62 29.57 33.84 12.62
Oct 27.35 26.05 29.77 12.50
Nov 28.33 27.17 29.97 9.32
Dec 30.21 27.18 33.65 19.23

Macy's information and performance

Macy's Address

7 WEST SEVENTH STREET, CINCINNATI, OH, US

Market Capitalization: 5 233 110 000 $

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: 1 972 000 000 $

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

PE Ratio: 50.21

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: 0.662

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: 0.0364

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

EPS: 0.38

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: -0.024
Trailing PE: 50.21

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: 7.01

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

EV To Revenue: 0.433

Enterprise Value (EV) /Revenue

EV To EBITDA: 8.94

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

Shares Outstanding: 274272000

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 03/14/2024. The next scheduled payment will be on 04/01/2024. The amount of dividends is $0.662 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.