
Macerich Company (The) (NYSE:MAC - Free Report) - Analysts at Zacks Research cut their Q1 2026 earnings per share estimates for shares of Macerich in a note issued to investors on Thursday, June 12th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings per share of $0.32 for the quarter, down from their prior estimate of $0.33. The consensus estimate for Macerich's current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich's Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.38 EPS, Q4 2026 earnings at $0.45 EPS, FY2026 earnings at $1.51 EPS and Q1 2027 earnings at $0.34 EPS.
MAC has been the subject of a number of other research reports. Truist Financial upped their price objective on shares of Macerich from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. The Goldman Sachs Group cut their price target on Macerich from $16.70 to $14.40 and set a "sell" rating for the company in a research note on Monday, March 10th. JPMorgan Chase & Co. lowered their price target on Macerich from $22.00 to $18.00 and set an "underweight" rating on the stock in a research report on Monday, March 10th. Morgan Stanley cut their price objective on Macerich from $20.00 to $19.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 1st. Finally, Mizuho upgraded Macerich from a "neutral" rating to an "outperform" rating and decreased their target price for the company from $22.00 to $18.00 in a research report on Tuesday, June 10th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Macerich currently has a consensus rating of "Hold" and a consensus target price of $18.78.
Read Our Latest Stock Report on MAC
Macerich Stock Performance
Shares of MAC traded up $0.21 during trading hours on Monday, hitting $16.02. The stock had a trading volume of 1,502,890 shares, compared to its average volume of 1,943,967. The firm has a 50-day moving average price of $15.31 and a 200 day moving average price of $17.85. Macerich has a fifty-two week low of $12.48 and a fifty-two week high of $22.27. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of -37.24, a PEG ratio of 5.17 and a beta of 2.17. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.09 and a current ratio of 1.09.
Macerich (NYSE:MAC - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The real estate investment trust reported $0.33 earnings per share for the quarter, beating 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 company had revenue of $249.22 million during the quarter, compared to analysts' expectations of $221.61 million. During the same period last year, the business earned $0.33 earnings per share. Macerich's quarterly revenue was up 19.3% on a year-over-year basis.
Macerich Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 4.25%. The ex-dividend date was Tuesday, June 3rd. Macerich's dividend payout ratio is currently -158.14%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in shares of Macerich during the fourth quarter worth $30,000. Lazard Asset Management LLC acquired a new position in Macerich during the fourth quarter worth about $45,000. State of Wyoming purchased a new stake in Macerich during the 4th quarter valued at about $55,000. Signaturefd LLC raised its holdings in Macerich by 34.9% in the 1st quarter. Signaturefd LLC now owns 3,329 shares of the real estate investment trust's stock valued at $57,000 after acquiring an additional 862 shares during the last quarter. Finally, Quarry LP lifted its stake in Macerich by 2,691.6% in the 1st quarter. Quarry LP now owns 3,322 shares of the real estate investment trust's stock worth $57,000 after purchasing an additional 3,203 shares in the last quarter. Hedge funds and other institutional investors own 87.38% of the company's stock.
Macerich Company Profile
(
Get Free Report)
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.
Featured Stories

Before you consider Macerich, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Macerich wasn't on the list.
While Macerich currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.