The Macerich Company (NYSE:MAC - Free Report) - Equities research analysts at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for shares of Macerich in a research report issued on Monday, June 2nd. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $0.34 per share for the quarter, down from their prior estimate of $0.35. The consensus estimate for Macerich's current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich's Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.47 EPS, Q1 2027 earnings at $0.35 EPS and FY2027 earnings at $1.55 EPS.
A number of other equities analysts also recently commented on MAC. Scotiabank reduced their target price on shares of Macerich from $21.00 to $16.00 and set a "sector perform" rating for the company in a report on Wednesday, April 23rd. The Goldman Sachs Group lowered their price target on Macerich from $16.70 to $14.40 and set a "sell" rating for the company in a research report on Monday, March 10th. JPMorgan Chase & Co. dropped their price objective on shares of Macerich from $22.00 to $18.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. Truist Financial raised shares of Macerich from a "hold" rating to a "buy" rating and set a $19.00 price objective for the company in a report on Thursday, April 10th. Finally, Piper Sandler raised shares of Macerich from an "underweight" rating to a "neutral" rating and set a $16.00 target price on the stock in a research note on Thursday, May 22nd. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $18.95.
View Our Latest Report on Macerich
Macerich Stock Down 0.5%
Shares of MAC traded down $0.09 during trading hours on Wednesday, hitting $15.71. The company had a trading volume of 932,657 shares, compared to its average volume of 1,936,281. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.68. The company has a market capitalization of $3.97 billion, a PE ratio of 40.27, a price-to-earnings-growth ratio of 0.71 and a beta of 2.17. Macerich has a one year low of $12.48 and a one year high of $22.27. The company's fifty day moving average price is $15.14 and its two-hundred day moving average price is $18.13.
Macerich (NYSE:MAC - Get Free Report) last issued 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 net margin of 8.98% and a return on equity of 3.15%. The company had revenue of $249.22 million for the quarter, compared to analysts' expectations of $221.61 million. During the same period in the prior year, the business earned $0.33 EPS. The firm's quarterly revenue was up 19.3% on a year-over-year basis.
Macerich Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be issued a $0.17 dividend. The ex-dividend date is Tuesday, June 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 4.33%. Macerich's payout ratio is -158.14%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Inspire Investing LLC boosted its position in shares of Macerich by 15.6% during the 1st quarter. Inspire Investing LLC now owns 23,329 shares of the real estate investment trust's stock valued at $401,000 after acquiring an additional 3,153 shares during the last quarter. Invst LLC purchased a new position in Macerich during the first quarter worth about $720,000. Strs Ohio acquired a new position in Macerich in the 1st quarter valued at about $797,000. Intech Investment Management LLC grew its stake in shares of Macerich by 39.2% in the 1st quarter. Intech Investment Management LLC now owns 167,341 shares of the real estate investment trust's stock valued at $2,873,000 after buying an additional 47,089 shares during the period. Finally, Woodline Partners LP increased its holdings in shares of Macerich by 5.8% during the 1st quarter. Woodline Partners LP now owns 891,551 shares of the real estate investment trust's stock worth $15,308,000 after buying an additional 49,268 shares during the last quarter. 87.38% of the stock is currently owned by institutional investors and hedge funds.
About Macerich
(
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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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