Macy’s (M) stock forecast for 2024
The forecast has been updated: March 16, 2023 7:32
Macy's stock price online today
Analyst Target Price
24.18Dividend Date
03.04.2023Ex Dividend Date
14.03.2023Last Split Factor
Last Split Date
01.01.1970Should you buy or sell Macy's stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Macy's stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.
We predict the dynamics of the stock market value using resonant artificial intelligence systems.
Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.
Forecasts are adjusted once a day taking into account the price change of the previous day.
To date, analysts have a $24.18 target price for Macy's stock stock.
Today 200 Day Moving Average is the support level (20.13 $).
50 Day Moving Average is the resistance level (22.01 $).
M Forecast for 2024
Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
---|---|---|---|---|
Jan | 17.72 | 16.34 | 19.20 | 14.91 % |
Feb | 17.87 | 17.27 | 18.85 | 8.38 % |
Mar | 15.72 | 13.90 | 17.24 | 19.37 % |
Apr | 18.09 | 16.65 | 19.79 | 15.86 % |
May | 19.23 | 16.98 | 21.46 | 20.88 % |
Jun | 20.51 | 18.94 | 21.83 | 13.25 % |
Jul | 19.92 | 18.76 | 21.34 | 12.06 % |
Aug | 18.70 | 17.08 | 21.05 | 18.88 % |
Sep | 21.81 | 19.10 | 23.96 | 20.27 % |
Oct | 22.89 | 19.93 | 23.78 | 16.20 % |
Nov | 24.40 | 22.66 | 27.39 | 17.27 % |
Dec | 24.32 | 22.87 | 25.27 | 9.49 % |
The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Macy's stock.
Macy's overview
Macy's Address
7 WEST SEVENTH STREET, CINCINNATI, OH, USMarket Capitalization
5 078 736 000 $EBITDA
2 559 000 000PE Ratio
4.901PEG Ratio
0.913Dividend Per Share
0.63Dividend Yield
0.0314EPS
3.82Quarterly Earnings Growth YOY
-0.247Quarterly Revenue Growth YOY
-0.045Trailing PE
4.901Forward PE
5.18EV To Revenue
0.457EV To EBITDA
4.06552 Week High
27.1552 Week Low
14.8650 Day Moving Average
22.01200 Day Moving Average
20.13Shares Outstanding
271300000Shares Float
Shares Short Prior Month
Short Ratio
Percent Insiders
Percent Institutions
Macy's stock forecast for this year
Macy's stock forecast for Jan 2024.
Estimated Average Forecasted Macy's Price: 17.72. Negative monthly dynamics of the instrument is expected with 14.908% volatility is expected.
Pessimistic forecast: 16.34
Optimistic: 19.20
Macy's stock forecast for Feb 2024.
Estimated Average Forecasted Macy's Price: 17.87. Positive monthly dynamics of the instrument is expected with 8.384% volatility is expected.
Pessimistic forecast: 17.27
Optimistic: 18.85
Macy's stock forecast for Mar 2024.
Estimated Average Forecasted Macy's Price: 15.72. Negative monthly dynamics of the instrument is expected with 19.373% volatility is expected.
Pessimistic forecast: 13.90
Optimistic: 17.24
Macy's stock forecast for Apr 2024.
Estimated Average Forecasted Macy's Price: 18.09. Positive monthly dynamics of the instrument is expected with 15.857% volatility is expected.
Pessimistic forecast: 16.65
Optimistic: 19.79
Macy's stock forecast for May 2024.
Estimated Average Forecasted Macy's Price: 19.23. Positive monthly dynamics of the instrument is expected with 20.877% volatility is expected.
Pessimistic forecast: 16.98
Optimistic: 21.46
Macy's stock forecast for Jun 2024.
Estimated Average Forecasted Macy's Price: 20.51. Positive monthly dynamics of the instrument is expected with 13.254% volatility is expected.
Pessimistic forecast: 18.94
Optimistic: 21.83
Macy's stock forecast for Jul 2024.
Estimated Average Forecasted Macy's Price: 19.92. Negative monthly dynamics of the instrument is expected with 12.059% volatility is expected.
Pessimistic forecast: 18.76
Optimistic: 21.34
Macy's stock forecast for Aug 2024.
Estimated Average Forecasted Macy's Price: 18.70. Negative monthly dynamics of the instrument is expected with 18.875% volatility is expected.
Pessimistic forecast: 17.08
Optimistic: 21.05
Macy's stock forecast for Sep 2024.
Estimated Average Forecasted Macy's Price: 21.81. Positive monthly dynamics of the instrument is expected with 20.271% volatility is expected.
Pessimistic forecast: 19.10
Optimistic: 23.96
Macy's stock forecast for Oct 2024.
Estimated Average Forecasted Macy's Price: 22.89. Positive monthly dynamics of the instrument is expected with 16.197% volatility is expected.
Pessimistic forecast: 19.93
Optimistic: 23.78
Macy's stock forecast for Nov 2024.
Estimated Average Forecasted Macy's Price: 24.40. Positive monthly dynamics of the instrument is expected with 17.266% volatility is expected.
Pessimistic forecast: 22.66
Optimistic: 27.39
Macy's stock forecast for Dec 2024.
Estimated Average Forecasted Macy's Price: 24.32. Negative monthly dynamics of the instrument is expected with 9.489% volatility is expected.
Pessimistic forecast: 22.87
Optimistic: 25.27
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