Macerich Company (The) (NYSE:MAC) Given Average Rating of "Hold" by Brokerages

Key Points

• Thirteen analysts give Macerich an average recommendation of Hold (3 sell / 3 hold / 7 buy) with a mean 1‑year target of $20.83; several firms recently raised targets (Scotiabank to $22 and upgraded to sector outperform; Citigroup, Truist and Jefferies also lifted targets, while Goldman kept a sell but raised its target to $17).
• Macerich missed the most recent quarter, reporting EPS of ($0.07) versus a $0.43 consensus while revenue was roughly in line at $261.7M, leaving the REIT with a negative PE and negative return on equity, though analysts project FY EPS of about $1.55.
• The company pays a quarterly dividend of $0.17 (annualized $0.68, yield ~3.2%) but shows a negative payout ratio, and institutional investors own about 87.38% of the stock.

Macerich Company (The) (NYSE:MAC - Get Free Report) has earned an average recommendation of "Hold" from the thirteen analysts that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $20.8333.

Several analysts have recently issued reports on the company. Scotiabank upgraded Macerich from a "sector perform" rating to a "sector outperform" rating and upped their price target for the stock from $19.00 to $22.00 in a research note on Monday, March 30th. Citigroup upped their price target on Macerich from $19.00 to $21.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 25th. Truist Financial upped their price target on Macerich from $19.00 to $20.00 and gave the stock a "buy" rating in a research note on Tuesday, January 20th. Jefferies Financial Group reiterated a "buy" rating and set a $21.00 price target on shares of Macerich in a research note on Monday, December 15th. Finally, The Goldman Sachs Group upped their price target on Macerich from $15.00 to $17.00 and gave the stock a "sell" rating in a research note on Monday, March 2nd.

Hedge Funds Weigh In On Macerich

Several large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its holdings in shares of Macerich by 76.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,347 shares of the real estate investment trust's stock worth $25,000 after buying an additional 585 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Macerich by 366.2% during the fourth quarter. Global Retirement Partners LLC now owns 1,394 shares of the real estate investment trust's stock worth $26,000 after buying an additional 1,095 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Macerich by 80.4% during the fourth quarter. Hantz Financial Services Inc. now owns 1,535 shares of the real estate investment trust's stock worth $28,000 after buying an additional 684 shares during the last quarter. Triumph Capital Management acquired a new position in shares of Macerich during the third quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Macerich by 156.6% during the fourth quarter. Salomon & Ludwin LLC now owns 2,189 shares of the real estate investment trust's stock worth $41,000 after buying an additional 1,336 shares during the last quarter. Institutional investors and hedge funds own 87.38% of the company's stock.

Macerich Stock Performance

MAC opened at $21.43 on Friday. The company has a market cap of $5.50 billion, a PE ratio of -27.82, a price-to-earnings-growth ratio of 1.45 and a beta of 2.20. The stock has a 50-day moving average of $19.35 and a 200-day moving average of $18.34. Macerich has a 52-week low of $13.40 and a 52-week high of $21.43. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.02 and a current ratio of 1.02.

Macerich (NYSE:MAC - Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.50). The company had revenue of $261.70 million for the quarter, compared to the consensus estimate of $260.48 million. Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.The business's revenue was down 4.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.47 EPS. As a group, equities research analysts forecast that Macerich will post 1.55 earnings per share for the current fiscal year.

Macerich Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 16th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, March 16th. Macerich's payout ratio is currently -88.31%.

Key Headlines Impacting Macerich

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: Zacks Research raised near-term EPS outlooks for MAC — they boosted Q2 2026 to $0.33 and Q3 2026 to $0.35 and nudged FY2026 to $1.43 (from $1.42). These upgrades signal modestly better expected operating performance and likely support the rally by improving near-term earnings visibility.
• Positive Sentiment: Zacks also raised multi‑year estimates across FY2027 and FY2028 and lifted several quarter-level forecasts (multiple small increases across 2027–2028), which can improve sentiment around growth trajectory beyond the current year.
• Neutral Sentiment: Several peer-comparison and industry analysis pieces were published that contextualize MAC versus competitors — useful for relative-valuation checks but not direct catalysts. Macerich (MAC) vs. Its Peers Critical Review
• Neutral Sentiment: Additional comparative write-ups highlight financial contrasts and competitive positioning; these may influence longer-term investor views on valuation and sector standing. Analyzing Macerich (MAC) and Its Peers
• Neutral Sentiment: Further peer/financial-contrast coverage provides more data points for analysts and investors to re-run comps and stress-test leverage and dividend sustainability. Macerich (MAC) vs. Its Competitors Financial Contrast
• Negative Sentiment: Zacks trimmed one quarterly forecast — they cut Q4 2027 to $0.43 from $0.45 — a small downgrade that may temper enthusiasm about consistent upside and highlights forecasting uncertainty for later quarters.

Macerich Company Profile

The Macerich Company NYSE: MAC is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States. Headquartered in Santa Monica, California, the company focuses on high-quality retail properties, including enclosed malls, open-air centers and mixed-use lifestyle destinations. Since its establishment as a REIT in 1994, Macerich has pursued a disciplined strategy of investing in properties that serve strong consumer demographics and offer long-term growth potential.

Macerich's core activities encompass property and asset management, leasing, marketing and redevelopment services.

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