Macy's - M Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $17.45
Forecasted Upside: -6.81%
Number of Analysts: 9
Breakdown:
2 Sell Ratings
5 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$18.73 As of 04/24/2024 01:00 AM ET

▼ -0.29 (-1.52%)

1 month | 3 months | 12 months

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Analyst Price Target for M

^$17.45

▼ -6.81% Downside Potential

This price target is based on 9 analysts offering 12 month price targets for Macy's in the last 3 months. The average price target is $17.45, with a high forecast of $25.00 and a low forecast of $10.00. The average price target represents a -6.81% upside from the last price of $18.73.

Current Consensus is Hold

The current consensus among 9 polled investment analysts is to hold stock in Macy's. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

11/2/2022

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

1/31/2023

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

5/1/2023

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

7/30/2023

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

10/28/2023

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

1/26/2024

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

3/26/2024

0 strong buy ratings
2 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

4/25/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/28/2024	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$21.00	Low
3/18/2024	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$23.00 ➝ $25.00	Low
2/29/2024	TD Cowen	Downgrade	Outperform ➝ Market Perform	$23.00 ➝ $20.00	Low
2/28/2024	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$21.00 ➝ $20.00	Low
2/28/2024	The Goldman Sachs Group	Boost Target	Buy ➝ Buy	$16.00 ➝ $22.00	Low
2/28/2024	Telsey Advisory Group	Boost Target	Market Perform ➝ Market Perform	$15.00 ➝ $21.00	Low
2/21/2024	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$15.00 ➝ $21.00	Low
2/2/2024	Citigroup	Upgrade	Sell ➝ Neutral	$14.00 ➝ $18.00	Low
12/12/2023	Citigroup	Downgrade	Neutral ➝ Sell	$14.00	Low
11/17/2023	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$16.00 ➝ $19.00	Low
11/17/2023	Telsey Advisory Group	Boost Target	Market Perform ➝ Market Perform	$14.00 ➝ $15.00	Low
11/7/2023	Evercore ISI	Initiated Coverage	Inline	$13.00	Low
9/27/2023	Gordon Haskett	Downgrade	Buy ➝ Hold	$13.00	Low
8/23/2023	The Goldman Sachs Group	Lower Target	Buy ➝ Buy	$23.00 ➝ $17.00	Low
8/23/2023	UBS Group	Lower Target	Sell ➝ Sell	$12.00 ➝ $10.00	Low
8/23/2023	Bank of America	Lower Target	Underperform ➝ Underperform	$13.00 ➝ $12.00	Low
8/23/2023	Citigroup	Lower Target	Neutral ➝ Neutral	$15.00 ➝ $13.00	Low
8/22/2023	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$16.00 ➝ $14.00	Low
8/15/2023	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$16.00	Low
8/7/2023	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$23.00 ➝ $15.00	Low
6/7/2023	UBS Group	Lower Target		$12.75 ➝ $12.00	Low
6/2/2023	Deutsche Bank Aktiengesellschaft	Lower Target		$20.00 ➝ $18.00	Low
6/2/2023	Bank of America	Lower Target		$21.00 ➝ $13.00	Low
6/2/2023	Citigroup	Lower Target		$16.00 ➝ $15.00	Low
6/2/2023	JPMorgan Chase & Co.	Lower Target		$26.00 ➝ $23.00	Low
6/1/2023	Gordon Haskett	Upgrade	Hold ➝ Buy	$18.00	Low
5/8/2023	JPMorgan Chase & Co.	Lower Target		$29.00 ➝ $26.00	Low
4/3/2023	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$28.00 ➝ $29.00	Low
3/30/2023	Telsey Advisory Group	Reiterated Rating	Market Perform	$25.00	Low
3/29/2023	Gordon Haskett	Downgrade	Accumulate ➝ Hold	$18.00	Low
3/3/2023	Morgan Stanley	Boost Target	Equal Weight	$21.00 ➝ $23.00	Low
3/3/2023	JPMorgan Chase & Co.	Boost Target	Neutral	$26.00 ➝ $28.00	Low
3/3/2023	Credit Suisse Group	Boost Target	Underperform	$19.00 ➝ $20.00	Low
3/3/2023	Telsey Advisory Group	Reiterated Rating	Market Perform	$25.00	Low
2/24/2023	Telsey Advisory Group	Reiterated Rating	Market Perform	$25.00	Low
2/23/2023	Citigroup	Boost Target	Neutral	$22.00 ➝ $23.00	Low
1/30/2023	The Goldman Sachs Group	Initiated Coverage	Buy	$28.00	Low
1/23/2023	JPMorgan Chase & Co.	Lower Target	Neutral	$28.00 ➝ $26.00	Low
1/10/2023	Deutsche Bank Aktiengesellschaft	Lower Target		$23.00 ➝ $22.00	Low
1/4/2023	Deutsche Bank Aktiengesellschaft	Lower Target		$24.00 ➝ $23.00	Low
1/3/2023	JPMorgan Chase & Co.	Lower Target		$29.00 ➝ $28.00	Low
11/21/2022	Credit Suisse Group	Boost Target		$19.00	Low
11/18/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$25.00 ➝ $24.00	Low
11/18/2022	Citigroup	Boost Target	Neutral	$21.00 ➝ $25.00	Low
11/9/2022	OTR Global	Upgrade	Mixed ➝ Positive		Low
9/15/2022	Jefferies Financial Group	Lower Target	Buy	$30.00 ➝ $23.00	Low
8/24/2022	Morgan Stanley	Lower Target	Equal Weight	$22.00 ➝ $21.00	Low
8/24/2022	Evercore ISI	Lower Target	Outperform	$35.00 ➝ $30.00	Low
8/24/2022	Telsey Advisory Group	Lower Target	Market Perform	$28.00 ➝ $25.00	Low
8/24/2022	Citigroup	Lower Target	Neutral	$23.00 ➝ $21.00	Low
8/16/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$29.00 ➝ $25.00	Low
7/7/2022	Bank of America	Lower Target	Underperform	$22.00 ➝ $15.00	N/A
5/27/2022	Cowen	Lower Target		$30.00	Low
5/27/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$34.00 ➝ $29.00	High
5/27/2022	Citigroup	Lower Target	Neutral	$25.00 ➝ $23.00	High
5/27/2022	Telsey Advisory Group	Lower Target	Market Perform	$30.00 ➝ $28.00	High
5/27/2022	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight	$20.00 ➝ $22.00	High
5/16/2022	JPMorgan Chase & Co.	Lower Target		$33.00 ➝ $30.00	Medium
5/11/2022	OTR Global	Downgrade	Positive		High
2/24/2022	Citigroup	Upgrade	Sell ➝ Neutral	$25.00	High
2/23/2022	Gordon Haskett	Boost Target	Buy	$33.00 ➝ $35.00	Low
2/23/2022	Jefferies Financial Group	Lower Target	Buy	$45.00 ➝ $40.00	Low
2/23/2022	Morgan Stanley	Lower Target	Underweight	$23.00 ➝ $20.00	High
2/23/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$32.00 ➝ $34.00	High
2/23/2022	Credit Suisse Group	Lower Target	Underperform ➝ Underperform	$32.00 ➝ $25.00	High
2/16/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$35.00 ➝ $32.00	Low
2/16/2022	Evercore ISI	Upgrade	In-Line ➝ Outperform	$50.00	Medium
2/15/2022	Telsey Advisory Group	Lower Target	Market Perform	$40.00 ➝ $30.00	Medium
1/4/2022	JPMorgan Chase & Co.	Lower Target	Neutral	$37.00 ➝ $33.00	Medium
11/19/2021	Morgan Stanley	Boost Target	Underweight	$21.00 ➝ $23.00	High
11/19/2021	Bank of America	Boost Target	Underperform	$21.00 ➝ $25.00	High
11/19/2021	Cowen	Boost Target	Outperform	$37.00 ➝ $45.00	High
11/19/2021	Telsey Advisory Group	Boost Target	Market Perform	$33.00 ➝ $40.00	High
11/19/2021	Credit Suisse Group	Boost Target	Positive ➝ Underperform	$19.00 ➝ $32.00	High
11/19/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$29.00 ➝ $35.00	High
11/19/2021	Citigroup	Boost Target	Sell	$20.00 ➝ $29.00	High
11/18/2021	Gordon Haskett	Boost Target	Buy	$37.00 ➝ $50.00	High
11/11/2021	Telsey Advisory Group	Boost Target	Market Perform	$24.00 ➝ $33.00	High
10/21/2021	Cowen	Boost Target	Outperform	$27.00 ➝ $32.00	Low
9/28/2021	Gordon Haskett	Upgrade	Hold ➝ Buy	$24.00 ➝ $33.00	High
9/9/2021	Cowen	Upgrade	Market Perform ➝ Outperform	$23.00 ➝ $27.00	Medium
8/23/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$24.00 ➝ $27.00	Low
8/20/2021	Credit Suisse Group	Boost Target	Underperform	$16.00 ➝ $19.00	High
8/20/2021	Jefferies Financial Group	Boost Target	Buy	$23.00 ➝ $27.00	High
8/20/2021	Bank of America	Boost Target	Underperform	$18.00 ➝ $21.00	High
8/20/2021	Cowen	Boost Target	Market Perform	$21.00 ➝ $23.00	High
8/20/2021	Morgan Stanley	Boost Target	Underweight	$17.00 ➝ $21.00	High
8/20/2021	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral	$19.00 ➝ $25.00	High
8/20/2021	Citigroup	Boost Target	Sell	$14.00 ➝ $20.00	High
8/16/2021	JPMorgan Chase & Co.	Boost Target	Underweight	$17.00 ➝ $19.00	Low
8/16/2021	Telsey Advisory Group	Boost Target	Market Perform	$20.00 ➝ $21.00	Low
8/9/2021	OTR Global	Upgrade	Mixed ➝ Positive		Low
5/19/2021	Credit Suisse Group	Boost Target	Underperform	$13.00 ➝ $16.00	High
5/19/2021	Telsey Advisory Group	Boost Target	Market Perform	$16.00 ➝ $20.00	Low
5/19/2021	Morgan Stanley	Boost Target	Underweight	$11.00 ➝ $17.00	Medium
5/19/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$16.00 ➝ $23.00	Medium
5/19/2021	Evercore ISI	Reiterated Rating	Outperform		Medium
4/19/2021	JPMorgan Chase & Co.	Boost Target	Average ➝ Underweight	$15.00 ➝ $16.00	Low
2/24/2021	Credit Suisse Group	Boost Target	Underperform	$7.00 ➝ $13.00	High
2/24/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$15.00 ➝ $16.00	High
2/19/2021	Telsey Advisory Group	Boost Target	Market Perform	$10.00 ➝ $14.00	High
2/18/2021	Morgan Stanley	Boost Target	Underweight	$6.00 ➝ $11.00	High
1/21/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Positive ➝ Hold	$9.00 ➝ $15.00	Low
1/20/2021	HC Wainwright	Reiterated Rating	Buy		Medium
12/18/2020	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$14.00	Medium
11/20/2020	Morgan Stanley	Boost Target	Underweight	$5.00 ➝ $6.00	Low
11/20/2020	Credit Suisse Group	Boost Target	Underperform	$6.00 ➝ $7.00	Low
11/20/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$7.00 ➝ $9.00	Low
10/30/2020	OTR Global	Upgrade	Sell		Low
9/4/2020	Credit Suisse Group	Initiated Coverage	Sell	$6.00	N/A
9/3/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$6.00 ➝ $7.00	High
9/3/2020	Telsey Advisory Group	Boost Target	Market Perform	$6.00 ➝ $7.00	High
7/22/2020	UBS Group	Downgrade	Neutral ➝ Sell	$6.00 ➝ $3.00	Medium
7/6/2020	Morgan Stanley	Lower Target	Underweight	$6.00 ➝ $5.00	High
6/10/2020	Credit Suisse Group	Boost Target	Underperform	$4.50 ➝ $6.00	High
6/10/2020	Morgan Stanley	Boost Target	Underweight	$5.00 ➝ $6.00	High
5/22/2020	Bank of America	Reiterated Rating	Underperform	$5.00 ➝ $4.50	Low
5/22/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$7.00 ➝ $5.00	Medium
5/22/2020	Telsey Advisory Group	Lower Target	Market Perform	$8.00 ➝ $6.00	Medium
5/21/2020	Cfra	Lower Target	Sell	$4.00 ➝ $3.00	Medium
5/7/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$20.00 ➝ $7.00	Low
4/30/2020	UBS Group	Lower Target	Neutral	$14.50 ➝ $6.00	Low
4/23/2020	Morgan Stanley	Lower Target	Underweight	$10.00 ➝ $5.00	Medium
3/26/2020	Citigroup	Lower Target	Sell	$6.00 ➝ $5.00	High
3/23/2020	Cfra	Downgrade	Hold ➝ Sell		High
3/19/2020	Morgan Stanley	Lower Target	Underweight	$13.00 ➝ $10.00	High
2/26/2020	Telsey Advisory Group	Reiterated Rating	Market Perform	$18.00 ➝ $16.00	High
2/25/2020	Guggenheim	Reiterated Rating	Hold		Medium
2/25/2020	Cfra	Lower Target	Hold	$17.00 ➝ $15.00	Medium
2/9/2020	Evercore ISI	Reiterated Rating	Buy	$22.00	Low
2/6/2020	Telsey Advisory Group	Boost Target	Market Perform	$16.00 ➝ $18.00	Medium
1/9/2020	Atlantic Securities	Upgrade	Underweight ➝ Neutral	$18.00	Low
1/8/2020	Guggenheim	Reiterated Rating	Hold		Medium
12/19/2019	Morgan Stanley	Lower Target	Underweight	$14.00 ➝ $13.00	Medium
12/9/2019	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$19.00 ➝ $12.00	High
11/22/2019	Morgan Stanley	Reiterated Rating	Sell	$17.00 ➝ $14.00	High
11/22/2019	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$22.00 ➝ $18.00	High
11/22/2019	Telsey Advisory Group	Lower Target	Market Perform	$18.00 ➝ $16.00	High
11/21/2019	Guggenheim	Reiterated Rating	Hold		High
11/21/2019	JPMorgan Chase & Co.	Reiterated Rating	Sell	$14.00 ➝ $13.00	Low
11/21/2019	Bank of America	Reiterated Rating	Sell	$14.00 ➝ $12.00	Low
10/18/2019	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$19.00 ➝ $12.00	Low
8/23/2019	Guggenheim	Downgrade	Buy ➝ Neutral		High
8/15/2019	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$29.00 ➝ $23.00	Low
8/15/2019	Guggenheim	Reiterated Rating	Buy	$30.00 ➝ $20.00	High
8/15/2019	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$25.00 ➝ $18.00	High
8/14/2019	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight		High
5/17/2019	UBS Group	Set Target	Hold	$25.00	Low
5/16/2019	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$27.00 ➝ $28.00	Low
5/16/2019	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$23.00 ➝ $21.00	Low

(Data available from 4/25/2019 forward)

News Sentiment Rating

0.95 (Buy)

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

11 very positive mentions
3 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

9/27/2023

2 very positive mentions
7 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

10/27/2023

3 very positive mentions
6 positive mentions
3 negative mentions
1 very negative mentions

Mentions as of

11/26/2023

8 very positive mentions
2 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

12/26/2023

5 very positive mentions
2 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

1/25/2024

15 very positive mentions
6 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

2/24/2024

38 very positive mentions
20 positive mentions
8 negative mentions
0 very negative mentions

Mentions as of

3/25/2024

24 very positive mentions
9 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

4/24/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

cnbc.com
4/10/2024
Department stores face another squeeze. This time, in store credit card revenue
cnbc.com
4/1/2024
Macy's hasn't closed its stores yet. But Target, Kohl's CEOs already smell opportunity

Negative

No negative mentions tracked during this time.

Positive

americanbankingnews.com
4/24/2024
StockNews.com Initiates Coverage on Macy's (NYSE:M)
americanbankingnews.com
4/16/2024
Macy's (NYSE:M) Earns Hold Rating from Analysts at StockNews.com
cnbc.com
4/13/2024
Macy's proxy fight is over, but the battle for the department store's future wages on
investopedia.com
4/10/2024
Macy's Appoints Activist Investor Board Picks, Ending Proxy Fight
nypost.com
4/10/2024
Macy's adds 2 new directors to board, ending fight with activist investors

Very Positive

marketbeat.com
23 hours ago
Macy's, Inc. (NYSE:M) Stock Position Decreased by Vontobel Holding Ltd.
marketbeat.com
4/22/2024
Mirae Asset Global Investments Co. Ltd. Buys New Stake in Macy's, Inc. (NYSE:M)
marketbeat.com
4/21/2024
Hussman Strategic Advisors Inc. Sells 51,000 Shares of Macy's, Inc. (NYSE:M)
marketbeat.com
4/17/2024
Macy's, Inc. (NYSE:M) Position Lessened by Readystate Asset Management LP
marketbeat.com
4/13/2024
New York State Teachers Retirement System Reduces Stake in Macy's, Inc. (NYSE:M)

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.

Today's Range

Now: $18.73

$18.68

$18.99

50 Day Range

MA: $19.67

$17.44

$21.53

52 Week Range

Now: $18.73

$10.54

$22.10

Volume

3,290,354 shs

Average Volume

7,918,718 shs

Market Capitalization

$5.15 billion

P/E Ratio

50.62

Dividend Yield

3.65%

Beta

2.15

Frequently Asked Questions

What sell-side analysts currently cover shares of Macy's?: The following Wall Street research analysts have issued reports on Macy's in the last year: Bank of America Co., Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, Gordon Haskett, JPMorgan Chase & Co., Morgan Stanley, StockNews.com, TD Cowen, Telsey Advisory Group, The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for M.
What is the current price target for Macy's?: 11 Wall Street analysts have set twelve-month price targets for Macy's in the last year. Their average twelve-month price target is $17.45, suggesting a possible downside of 6.8%. JPMorgan Chase & Co. has the highest price target set, predicting M will reach $25.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $10.00 for Macy's in the next year.
View the latest price targets for M.
What is the current consensus analyst rating for Macy's?: Macy's currently has 2 sell ratings, 5 hold ratings and 2 buy 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 M, but not buy more shares or sell existing shares.
View the latest ratings for M.
What other companies compete with Macy's?: Other companies that are similar to Macy's include Dillard's, Kohl's, Burlington Stores, Global-E Online and Ermenegildo Zegna. Learn More about companies similar to Macy‘s.
How do I contact Macy's' investor relations team?: Macy's' physical mailing address is 151 WEST 34TH STREET, NEW YORK NY, 10001. The company's listed phone number is (212) 494-1621 and its investor relations email address is [email protected]. The official website for Macy's is www.macysinc.com. Learn More about contacing Macy‘s investor relations.

Macy's - M Stock Price Target and Predictions

Analyst Price Target for M

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.95 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Macy's?

What is the current price target for Macy's?

What is the current consensus analyst rating for Macy's?

What other companies compete with Macy's?

How do I contact Macy's' investor relations team?