Macy's Future Growth
Future criteria checks 2/6
Macy's's revenue is forecast to decline at 5.6% per annum while its annual earnings are expected to grow at 15.3% per year. EPS is expected to grow by 16.7% per annum. Return on equity is forecast to be 14.3% in 3 years.
Key information
15.3%
Earnings growth rate
16.7%
EPS growth rate
Multiline Retail earnings growth | 16.9% |
Revenue growth rate | -5.6% |
Future return on equity | 14.3% |
Analyst coverage | Good |
Last updated | 16 Jan 2025 |
Recent future growth updates
Recent updates
Wall Street Lunch: ICR Conference Brings In Holiday Sales Results
Jan 13Macy's: Growth Is Likely To Inflect Moving Forward (Rating Upgrade)
Dec 13Macy's Bold New Chapter Strategy Faces Too Many Uncertainties
Oct 07Macy's, Inc.: Potential For Growth Inflection, But I Am Hold Rated
Sep 24Macy's: Margins And Go-Forward Sales Growth Critical To Q2 Results
Aug 19Macy's: Broken Market
Jul 15Macy's Remains On Sale After An Upsized Bid Pushes Shares Higher
Jul 05Macy's: Encouraging Q1 Points To Brighter Long-Term Prospects
May 21Macy's: Still Looking For A Bigger Bid
Apr 25Macy's: A Sell On Rising Credit Card Delinquencies
Apr 18Macy's (NYSE:M) Is Paying Out A Larger Dividend Than Last Year
Mar 05Macy's: Q4 Results Are A Cause For Optimism
Mar 01Is Macy's (NYSE:M) Using Too Much Debt?
Jan 19Macy's: Holding For Takeover Bid, Expecting Decent Post-Holiday Sales Results
Jan 16Macy's, Inc. (NYSE:M) Stock Rockets 39% But Many Are Still Ignoring The Company
Dec 19Macy's: Hard Pass On This Buyout Offer
Dec 11Macy's (NYSE:M) Has Affirmed Its Dividend Of $0.1654
Dec 08Macy's (NYSE:M) Has Announced A Dividend Of $0.1654
Nov 24Macy's: Property Portfolio Will Not Save It As Profitability Tumbles
Nov 13Macy's (NYSE:M) Is Due To Pay A Dividend Of $0.1654
Nov 02Macy's: Navigating Modern Retail Challenges With Legacy Strengths
Oct 13Is Now The Time To Look At Buying Macy's, Inc. (NYSE:M)?
Oct 09Macy's: A Deep Value Trap?
Oct 02Returns At Macy's (NYSE:M) Appear To Be Weighed Down
Sep 21Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
1/31/2027 | 20,312 | 858 | 708 | 1,581 | 2 |
1/31/2026 | 21,566 | 672 | 740 | 1,576 | 6 |
1/31/2025 | 22,326 | 660 | 199 | 1,138 | 7 |
11/2/2024 | 23,374 | 172 | 224 | 1,117 | N/A |
8/3/2024 | 23,509 | 184 | 310 | 1,171 | N/A |
5/4/2024 | 23,693 | 12 | 403 | 1,329 | N/A |
2/3/2024 | 23,866 | 105 | 312 | 1,305 | N/A |
10/28/2023 | 24,074 | 682 | 224 | 1,285 | N/A |
7/29/2023 | 24,503 | 749 | 306 | 1,583 | N/A |
4/29/2023 | 25,057 | 1,046 | 142 | 1,472 | N/A |
1/28/2023 | 25,449 | 1,177 | 320 | 1,615 | N/A |
10/29/2022 | 25,796 | 1,411 | 1,164 | 2,359 | N/A |
7/30/2022 | 25,982 | 1,543 | 1,101 | 2,050 | N/A |
4/30/2022 | 25,992 | 1,613 | 1,707 | 2,466 | N/A |
1/29/2022 | 25,399 | 1,430 | 2,115 | 2,712 | N/A |
10/30/2021 | 23,399 | 847 | 781 | 1,246 | N/A |
7/31/2021 | 21,931 | 516 | 1,214 | 1,621 | N/A |
5/1/2021 | 19,814 | -260 | 902 | 1,307 | N/A |
1/30/2021 | 18,097 | -3,944 | 183 | 649 | N/A |
10/31/2020 | 19,637 | -3,764 | 949 | 1,680 | N/A |
8/1/2020 | 20,808 | -3,671 | 306 | 1,251 | N/A |
5/2/2020 | 22,803 | -3,153 | 429 | 1,482 | N/A |
2/1/2020 | 25,331 | 564 | 451 | 1,608 | N/A |
11/2/2019 | 25,449 | 964 | 411 | 1,478 | N/A |
8/3/2019 | 25,682 | 1,025 | 516 | 1,541 | N/A |
5/4/2019 | 25,717 | 1,105 | 369 | 1,375 | N/A |
2/2/2019 | 25,739 | 1,108 | 803 | 1,735 | N/A |
11/3/2018 | 25,945 | 1,715 | 1,119 | 2,006 | N/A |
8/4/2018 | 25,782 | 1,683 | N/A | 1,974 | N/A |
5/5/2018 | 25,828 | 1,627 | N/A | 2,061 | N/A |
2/3/2018 | 25,641 | 1,566 | N/A | 1,976 | N/A |
10/28/2017 | 25,255 | 694 | N/A | 1,892 | N/A |
7/29/2017 | 25,455 | 681 | N/A | 1,787 | N/A |
4/29/2017 | 25,518 | 581 | N/A | 2,030 | N/A |
1/28/2017 | 26,564 | 627 | N/A | 1,801 | N/A |
10/29/2016 | 26,132 | 688 | N/A | 2,014 | N/A |
7/30/2016 | 26,380 | 789 | N/A | 2,146 | N/A |
4/30/2016 | 26,618 | 995 | N/A | 1,939 | N/A |
1/30/2016 | 27,079 | 1,072 | N/A | 1,984 | N/A |
10/31/2015 | 27,574 | 1,321 | N/A | 2,146 | N/A |
8/1/2015 | 27,895 | 1,420 | N/A | 2,371 | N/A |
5/2/2015 | 28,058 | 1,495 | N/A | 2,588 | N/A |
1/31/2015 | 28,105 | 1,526 | N/A | 2,709 | N/A |
11/1/2014 | 27,943 | 1,544 | N/A | 2,571 | N/A |
8/2/2014 | 28,024 | 1,504 | N/A | 2,621 | N/A |
5/3/2014 | 27,823 | 1,493 | N/A | 2,425 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: M's forecast earnings growth (15.3% per year) is above the savings rate (2.6%).
Earnings vs Market: M's earnings (15.3% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: M's earnings are forecast to grow, but not significantly.
Revenue vs Market: M's revenue is expected to decline over the next 3 years (-5.6% per year).
High Growth Revenue: M's revenue is forecast to decline over the next 3 years (-5.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: M's Return on Equity is forecast to be low in 3 years time (14.3%).
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/07 05:47 |
End of Day Share Price | 2025/02/07 00:00 |
Earnings | 2024/11/02 |
Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
Macy's, Inc. is covered by 38 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Christopher Graja | Argus Research Company |
Daniela Nedialkova | Atlantic Equities LLP |
Ishan Majumdar | Baptista Research |