Macerich (MAC) Projected to Post Quarterly Earnings on Monday

Key Points

• Macerich is set to release its Q2 2025 earnings report on August 11th, with analysts predicting earnings of $0.34 per share and revenue of $245.19 million.
• The company recently announced a quarterly dividend of $0.17 per share, representing an annualized yield of 4.2%.
• Analysts have mixed opinions on Macerich, with three ratings as sell, six as hold, and five as buy, alongside a consensus target price of $19.26.

Macerich (NYSE:MAC - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Monday, August 11th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $245.19 million for the quarter.

Macerich (NYSE:MAC - Get Free Report) last released its earnings results on Monday, May 12th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.02. Macerich had a negative return on equity of 4.37% and a negative net margin of 12.26%. The business had revenue of $249.22 million for the quarter, compared to analyst estimates of $221.61 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. Macerich's revenue was up 19.3% on a year-over-year basis. On average, analysts expect Macerich to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Macerich Stock Performance

MAC opened at $16.14 on Monday. Macerich has a 52-week low of $12.48 and a 52-week high of $22.27. The firm has a market capitalization of $4.08 billion, a PE ratio of -37.53, a PEG ratio of 3.12 and a beta of 2.22. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.09 and a current ratio of 1.09. The business's 50-day simple moving average is $16.33 and its 200 day simple moving average is $16.92.

Macerich Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 9th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 4.2%. The ex-dividend date is Tuesday, September 9th. Macerich's dividend payout ratio is presently -158.14%.

Wall Street Analysts Forecast Growth

MAC has been the topic of several analyst reports. Wall Street Zen lowered Macerich from a "hold" rating to a "sell" rating in a report on Saturday. LADENBURG THALM/SH SH initiated coverage on Macerich in a report on Friday, July 18th. They set a "buy" rating and a $25.00 target price on the stock. Truist Financial upped their target price on Macerich from $19.00 to $21.00 and gave the stock a "buy" rating in a report on Monday, June 9th. Scotiabank dropped their target price on Macerich from $21.00 to $16.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 23rd. Finally, Piper Sandler upgraded Macerich from an "underweight" rating to a "neutral" rating and set a $16.00 price objective on the stock in a research note on Thursday, May 22nd. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Macerich presently has a consensus rating of "Hold" and an average price target of $19.26.

Hedge Funds Weigh In On Macerich

Large investors have recently made changes to their positions in the company. Millennium Management LLC increased its stake in shares of Macerich by 376.2% during the first quarter. Millennium Management LLC now owns 906,843 shares of the real estate investment trust's stock worth $15,570,000 after purchasing an additional 716,394 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Macerich by 10.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 148,592 shares of the real estate investment trust's stock worth $2,551,000 after purchasing an additional 13,782 shares during the period. Royal Bank of Canada increased its stake in shares of Macerich by 20.1% during the first quarter. Royal Bank of Canada now owns 77,872 shares of the real estate investment trust's stock worth $1,338,000 after purchasing an additional 13,018 shares during the period. AQR Capital Management LLC increased its stake in shares of Macerich by 2.2% during the first quarter. AQR Capital Management LLC now owns 37,808 shares of the real estate investment trust's stock worth $640,000 after purchasing an additional 813 shares during the period. Finally, Empowered Funds LLC increased its stake in shares of Macerich by 12.8% during the first quarter. Empowered Funds LLC now owns 26,361 shares of the real estate investment trust's stock worth $453,000 after purchasing an additional 2,983 shares during the period. Institutional investors own 87.38% of the company's stock.

Macerich Company Profile

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, DC corridor.

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