Zacks Research Comments on Macerich's Q4 Earnings (NYSE:MAC)

Key Points

• Zacks Research raised its Q4 2025 EPS estimate for Macerich to $0.46, slightly higher than the previous estimate of $0.45.
• Macerich reported earnings of $0.32 per share for the last quarter, which was below analysts' expectations of $0.34.
• Analysts maintain a mixed outlook on Macerich, with six analysts rating it as a "Buy," while others have downgraded their ratings, leading to an average consensus of "Hold."

Macerich Company (The) (NYSE:MAC - Free Report) - Equities research analysts at Zacks Research raised their Q4 2025 EPS estimates for Macerich in a report issued on Wednesday, October 22nd. Zacks Research analyst Team now expects that the real estate investment trust will earn $0.46 per share for the quarter, up from their prior forecast of $0.45. The consensus estimate for Macerich's current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich's Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.53 EPS, Q1 2027 earnings at $0.35 EPS and FY2027 earnings at $1.62 EPS.

Macerich (NYSE:MAC - Get Free Report) last released its earnings results on Monday, August 11th. The real estate investment trust reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.02). Macerich had a negative return on equity of 15.15% and a negative net margin of 41.33%.The company had revenue of $249.79 million during the quarter, compared to analyst estimates of $245.19 million. During the same quarter last year, the business earned $0.39 earnings per share. The firm's revenue for the quarter was up 15.9% on a year-over-year basis.

A number of other analysts also recently issued reports on MAC. Wall Street Zen downgraded shares of Macerich from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Evercore ISI raised their target price on Macerich from $18.00 to $20.00 and gave the company an "in-line" rating in a research report on Monday, September 15th. LADENBURG THALM/SH SH started coverage on Macerich in a report on Friday, July 18th. They issued a "buy" rating and a $25.00 price target for the company. JPMorgan Chase & Co. raised their price objective on Macerich from $18.00 to $19.00 and gave the company an "underweight" rating in a report on Wednesday, August 27th. Finally, Scotiabank boosted their price objective on Macerich from $16.00 to $18.00 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Macerich currently has an average rating of "Hold" and a consensus price target of $20.11.

Macerich Trading Up 2.1%

NYSE:MAC opened at $17.83 on Thursday. The company has a market capitalization of $4.51 billion, a P/E ratio of -10.19, a PEG ratio of 3.06 and a beta of 2.23. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.00. The firm has a fifty day simple moving average of $17.69 and a 200-day simple moving average of $16.45. Macerich has a 12 month low of $12.48 and a 12 month high of $22.27.

Macerich Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 9th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, September 9th. Macerich's dividend payout ratio is -38.86%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of MAC. PGGM Investments boosted its position in shares of Macerich by 15.9% during the 2nd quarter. PGGM Investments now owns 4,022,858 shares of the real estate investment trust's stock worth $65,090,000 after purchasing an additional 552,194 shares during the period. Intech Investment Management LLC grew its stake in Macerich by 39.2% during the 1st quarter. Intech Investment Management LLC now owns 167,341 shares of the real estate investment trust's stock worth $2,873,000 after purchasing an additional 47,089 shares in the last quarter. Strs Ohio purchased a new stake in shares of Macerich during the first quarter worth approximately $797,000. TCTC Holdings LLC acquired a new stake in shares of Macerich in the 1st quarter valued at $1,449,000. Finally, Asset Management One Co. Ltd. raised its stake in Macerich by 3.5% in the first quarter. Asset Management One Co. Ltd. now owns 367,295 shares of the real estate investment trust's stock valued at $6,306,000 after buying an additional 12,327 shares in the last quarter. Hedge funds and other 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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