NASDAQ:MIK - Michaels Companies Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $19.67
  • Forecasted Upside: -10.48 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$21.97
+0.30 (1.20%)
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Analyst Price Target for MIK

Analyst Price Target is $19.67
▼ -10.48% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Michaels Companies in the last 3 months. The average price target is $19.67, with a high forecast of $22.00 and a low forecast of $15.00. The average price target represents a -10.48% upside from the last price of $21.97.

This chart shows the closing price for MIK for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 3 polled investment analysts is to hold stock in Michaels Companies. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 2 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 1 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/19/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/18/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/17/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/14/2021JPMorgan Chase & Co.Reiterated RatingHold$15.00Low
3/11/2021Loop CapitalReiterated RatingBuy ➝ Hold$25.00 ➝ $22.00Low
3/10/2021Morgan StanleyUpgradeUnderweight ➝ Equal Weight$22.00N/A
3/5/2021Loop CapitalDowngradeBuy ➝ Hold$25.00 ➝ $22.00Low
3/4/2021Morgan StanleyUpgradeUnderweight ➝ Equal Weight$22.00Low
1/20/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$13.00Medium
12/14/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$16.00 ➝ $14.00High
12/4/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$7.00 ➝ $13.00High
12/1/2020Telsey Advisory GroupReiterated RatingMarket PerformHigh
9/25/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$8.00 ➝ $9.00High
9/25/2020Loop CapitalBoost Price TargetBuy$20.00 ➝ $25.00High
9/25/2020Morgan StanleyBoost Price TargetUnderweight$5.00 ➝ $7.00High
9/24/2020Wells Fargo & CompanyReiterated RatingHoldHigh
9/4/2020Loop CapitalBoost Price TargetPositive ➝ Buy$8.00 ➝ $20.00High
9/4/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$13.00 ➝ $15.00High
9/2/2020Credit Suisse GroupBoost Price TargetNeutral$5.00 ➝ $13.00High
8/31/2020JPMorgan Chase & Co.Boost Price TargetOverweight$13.00 ➝ $14.00Medium
8/21/2020Telsey Advisory GroupBoost Price TargetMarket Perform$6.00 ➝ $10.00High
6/8/2020Morgan StanleyBoost Price TargetUnderweight$3.00 ➝ $5.00High
6/8/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$13.00High
3/26/2020Wells Fargo & CompanyReiterated RatingHold$2.00Medium
3/18/2020JPMorgan Chase & Co.Lower Price TargetNeutral$8.00 ➝ $6.00High
3/18/2020Morgan StanleyLower Price TargetUnderweight$5.00 ➝ $3.00High
3/18/2020Credit Suisse GroupLower Price TargetNeutral$11.00 ➝ $4.00High
3/18/2020GuggenheimDowngradeBuy ➝ NeutralHigh
3/13/2020Telsey Advisory GroupReiterated RatingMarket PerformHigh
1/16/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$7.00 ➝ $6.50Medium
12/20/2019Morgan StanleyDowngradeEqual Weight ➝ Underweight$7.00 ➝ $5.00High
12/6/2019Loop CapitalReiterated RatingBuy$10.00Low
12/6/2019StephensDowngradeOverweight ➝ Equal Weight$9.00 ➝ $7.00High
12/6/2019Telsey Advisory GroupLower Price TargetMarket Perform$10.00 ➝ $7.00High
9/9/2019Morgan StanleySet Price TargetHold$7.00High
9/5/2019JPMorgan Chase & Co.Lower Price TargetNeutral$9.00 ➝ $7.00High
9/4/2019Wells Fargo & CompanySet Price TargetHold$6.00Low
8/20/2019Bank of AmericaReiterated RatingUnderperform$5.00 ➝ $4.00High
7/19/2019Bank of AmericaDowngradeNeutral ➝ Underperform$9.00 ➝ $5.00High
7/12/2019Loop CapitalSet Price TargetBuy$15.00Low
7/11/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$8.00High
6/17/2019Morgan StanleySet Price TargetHold$9.00Low
6/7/2019Deutsche Bank AktiengesellschaftLower Price TargetHold$16.00 ➝ $9.00High
6/7/2019Credit Suisse GroupDowngradeOutperform ➝ Neutral$18.00 ➝ $11.00Medium
6/7/2019Telsey Advisory GroupDowngradeOutperform ➝ Market Perform$17.00 ➝ $9.00Low
5/20/2019Morgan StanleyDowngradeOverweight ➝ Equal Weight$17.00 ➝ $10.00Medium
3/20/2019Bank of AmericaDowngradeBuy ➝ Neutral$21.00 ➝ $15.00High
3/20/2019Telsey Advisory GroupReiterated RatingOutperform$20.00 ➝ $17.00High
3/15/2019Piper Jaffray CompaniesLower Price TargetUnderweight$11.00 ➝ $9.00High
3/1/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$18.00 ➝ $15.00High
2/6/2019Loop CapitalUpgradeHold ➝ Buy$14.00 ➝ $17.00Medium
1/31/2019Credit Suisse GroupReiterated RatingOutperform ➝ Positive$26.00 ➝ $20.00Low
1/9/2019Bank of AmericaReiterated RatingBuy ➝ Buy$25.00 ➝ $21.00Low
12/27/2018Loop CapitalSet Price TargetHold$14.00High
12/20/2018CitigroupInitiated CoverageMarket WeightHigh
12/6/2018Wells Fargo & CompanyReiterated RatingMarket Perform ➝ Hold$19.00 ➝ $17.00High
12/6/2018Loop CapitalSet Price TargetHold$20.00 ➝ $18.00High
10/11/2018Morgan StanleyLower Price TargetOverweight$23.00 ➝ $20.00High
8/31/2018Deutsche Bank AktiengesellschaftLower Price TargetHold ➝ Hold$21.00 ➝ $19.00Low
8/30/2018Wells Fargo & CompanyReiterated RatingMarket Perform ➝ Hold$20.00 ➝ $19.00Low
8/9/2018Credit Suisse GroupReiterated RatingBuyLow
6/21/2018JPMorgan Chase & Co.Reiterated RatingFocus ListLow
6/15/2018Telsey Advisory GroupLower Price TargetOutperform$26.00 ➝ $23.00High
4/23/2018Wells Fargo & CompanyInitiated CoverageMarket Perform ➝ Market Perform$20.00Low
3/23/2018Deutsche Bank AktiengesellschaftLower Price TargetHold ➝ Hold$24.00 ➝ $22.00Medium
3/23/2018JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$30.00 ➝ $27.00High
3/23/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$28.00 ➝ $25.00High
3/23/2018StephensLower Price TargetOverweight ➝ In-Line$30.00 ➝ $26.00High
3/22/2018Piper Jaffray CompaniesReiterated RatingSell$15.00High
3/22/2018Telsey Advisory GroupReiterated RatingOutperform ➝ Outperform$32.00 ➝ $26.00High
3/22/2018Loop CapitalLower Price TargetHold ➝ Hold$25.00 ➝ $21.00Low
3/19/2018Deutsche Bank AktiengesellschaftBoost Price TargetBuy ➝ Buy$24.00 ➝ $25.00Low
3/6/2018Piper Jaffray CompaniesReiterated RatingSell$18.00Medium
3/1/2018Loop CapitalInitiated CoverageHold ➝ Hold$25.00Low
1/25/2018Telsey Advisory GroupUpgradeMarket Perform ➝ Outperform$23.00 ➝ $32.00High
1/16/2018The Goldman Sachs GroupUpgradeNeutral ➝ BuyHigh
12/12/2017Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$25.00Medium
12/2/2017Raymond JamesReiterated RatingHoldHigh
10/27/2017Piper Jaffray CompaniesDowngradeNeutral ➝ UnderweightN/A
9/29/2017Piper Jaffray CompaniesReiterated RatingHold$18.00Low
9/5/2017Bank of AmericaReiterated RatingBuy ➝ Buy$29.00Low
8/25/2017Piper Jaffray CompaniesSet Price TargetHold$18.00Low
7/24/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$23.00Low
6/21/2017GuggenheimReiterated RatingBuy$26.00Low
6/16/2017Bank of AmericaReiterated RatingBuy$26.00Low
6/13/2017Morgan StanleyReiterated RatingOverweight$25.00Low
6/7/2017Telsey Advisory GroupLower Price TargetMarket Perform ➝ Market Perform$24.00 ➝ $21.00High
3/27/2017Piper Jaffray CompaniesDowngradeOverweight ➝ NeutralHigh
3/8/2017GuggenheimReiterated RatingBuy$28.00High
3/8/2017Bank of AmericaUpgradeNeutral ➝ Buy$28.00High
1/25/2017GuggenheimReiterated RatingBuy$30.00 ➝ $28.00N/A
(Data available from 1/18/2017 forward)

News Sentiment Rating

0.18 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/22/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/22/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
8/21/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/20/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/20/2021
  • 0 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/19/2021
  • 1 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
12/19/2021
  • 0 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
1/18/2022

Current Sentiment

  • 0 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Michaels Companies logo
The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units (SKUs) in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and Sticky Sticks. Further, it manufactures and supplies precut mats and custom framing merchandise; and distributes craft and hobby items products under the Darice brand. As of February 1, 2020, the company operated approximately 1,274 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, ConsumerCrafts.com, Canada.Michaels.com, Darice.com, and AaronBrothers.com websites, as well as through its Michaels app. The Michaels Companies, Inc. was incorporated in 1983 and is headquartered in Irving, Texas.
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Today's Range

Now: $21.97
Low: $21.97
High: $21.97

50 Day Range

MA: $21.96
Low: $21.85
High: $22.00

52 Week Range

Now: $21.97
Low: $1.86
High: $22.42

Volume

N/A

Average Volume

5,654,039 shs

Market Capitalization

$3.12 billion

P/E Ratio

14.65

Dividend Yield

N/A

Beta

3.18

Frequently Asked Questions

What sell-side analysts currently cover shares of Michaels Companies?

The following equities research analysts have issued reports on Michaels Companies in the last twelve months: JPMorgan Chase & Co., Loop Capital, Morgan Stanley, and Zacks Investment Research.
View the latest analyst ratings for MIK.

What is the current price target for Michaels Companies?

3 Wall Street analysts have set twelve-month price targets for Michaels Companies in the last year. Their average twelve-month price target is $19.67, suggesting a possible downside of 10.5%. Morgan Stanley has the highest price target set, predicting MIK will reach $22.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $15.00 for Michaels Companies in the next year.
View the latest price targets for MIK.

What is the current consensus analyst rating for Michaels Companies?

Michaels Companies currently has 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MIK, but not buy more shares or sell existing shares.
View the latest ratings for MIK.

What other companies compete with Michaels Companies?

How do I contact Michaels Companies' investor relations team?

Michaels Companies' physical mailing address is 8000 BENT BRANCH DRIVE, IRVING TX, 75063. The specialty retailer's listed phone number is 972-409-1300 and its investor relations email address is [email protected] The official website for Michaels Companies is www.michaels.com.