Macy's Future Growth
Future criteria checks 3/6
Macy's's revenue is forecast to decline at 5.3% per annum while its annual earnings are expected to grow at 25.6% per year. EPS is expected to grow by 26.5% per annum. Return on equity is forecast to be 12.9% in 3 years.
Key information
25.6%
Earnings growth rate
26.5%
EPS growth rate
| Multiline Retail earnings growth | 20.2% |
| Revenue growth rate | -5.3% |
| Future return on equity | 12.9% |
| Analyst coverage | Good |
| Last updated | 25 Apr 2024 |
Recent future growth updates
Recent updates
Macy'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 05
Macy'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 21Buy Macy's: It's A Covered Land Play In Disguise
Sep 07Macy's (NYSE:M) Is Due To Pay A Dividend Of $0.1654
Aug 31Macy's: Greatly Undervalued, Extracting Value From Real Estate, Stock Buybacks And Potential Catalysts
Aug 16Does Macy's (NYSE:M) Have A Healthy Balance Sheet?
Aug 02Macy's: Declining Sales A Concern But Not Worth Selling The Stock Over
Aug 02Macy's: Business As Usual
Jul 22Is There An Opportunity With Macy's, Inc.'s (NYSE:M) 39% Undervaluation?
Jul 05Macy's (NYSE:M) Hasn't Managed To Accelerate Its Returns
Jun 22Macy's: Now Fairly Valued
Jun 20A Conservative Strategy For Playing Macy's Already Low Valuation
Jun 05Macy's' (NYSE:M) Dividend Will Be $0.1654
Jun 04Why Macy's, Inc. (NYSE:M) Could Be Worth Watching
May 03Macy's (NYSE:M) Takes On Some Risk With Its Use Of Debt
Apr 05Estimating The Fair Value Of Macy's, Inc. (NYSE:M)
Mar 23Returns Are Gaining Momentum At Macy's (NYSE:M)
Mar 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 1/31/2027 | 17,958 | 1,011 | 907 | 1,935 | 1 |
| 1/31/2026 | 22,316 | 794 | 966 | 1,760 | 7 |
| 1/31/2025 | 22,618 | 754 | 437 | 1,310 | 7 |
| 2/3/2024 | 23,866 | 105 | 312 | 1,305 | N/A |
| 10/28/2023 | 23,930 | 684 | 224 | 1,285 | N/A |
| 7/29/2023 | 24,359 | 749 | 306 | 1,583 | N/A |
| 4/29/2023 | 24,913 | 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 | 1,178 | 1,974 | N/A |
| 5/5/2018 | 25,828 | 1,627 | 1,288 | 2,061 | N/A |
| 2/3/2018 | 25,641 | 1,566 | 1,216 | 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 |
| 2/1/2014 | 27,931 | 1,486 | N/A | 2,549 | N/A |
| 11/2/2013 | 28,079 | 1,405 | N/A | 2,109 | N/A |
| 8/3/2013 | 27,878 | 1,373 | N/A | 2,205 | N/A |
| 5/4/2013 | 27,930 | 1,371 | N/A | 2,212 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: M's forecast earnings growth (25.6% per year) is above the savings rate (2.3%).
Earnings vs Market: M's earnings (25.6% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: M's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: M's revenue is expected to decline over the next 3 years (-5.3% per year).
High Growth Revenue: M's revenue is forecast to decline over the next 3 years (-5.3% 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 (12.9%).