Q1 Earnings Estimate for Macerich Issued By KeyCorp

Macerich Company (The) (NYSE:MAC) – Equities researchers at KeyCorp issued their Q1 2026 earnings per share (EPS) estimates for Macerich in a research note issued to investors on Sunday, February 22nd. KeyCorp analyst T. Thomas anticipates that the real estate investment trust will post earnings of $0.30 per share for the quarter. KeyCorp has a “Overweight” rating and a $25.00 price objective on the stock. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. KeyCorp also issued estimates for Macerich’s Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.48 EPS, FY2026 earnings at $1.47 EPS, Q1 2027 earnings at $0.37 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.42 EPS, Q4 2027 earnings at $0.53 EPS and FY2027 earnings at $1.69 EPS.

Several other brokerages also recently issued reports on MAC. Scotiabank raised their price objective on shares of Macerich from $18.00 to $19.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Truist Financial increased their price target on Macerich from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Citigroup boosted their price objective on Macerich from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday. Mizuho set a $21.00 target price on Macerich in a research note on Friday, January 9th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Macerich in a research report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $20.26.

Macerich Price Performance

Macerich stock opened at $20.61 on Tuesday. Macerich has a 12-month low of $12.48 and a 12-month high of $20.84. The company has a current ratio of 1.02, a quick ratio of 1.03 and a debt-to-equity ratio of 2.01. The firm has a 50-day moving average price of $18.79 and a 200-day moving average price of $18.01. The firm has a market capitalization of $5.29 billion, a PE ratio of -26.76, a price-to-earnings-growth ratio of 1.39 and a beta of 2.16.

Macerich (NYSE:MAC) last announced its earnings results on Wednesday, February 18th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.50). Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.The company had revenue of $261.70 million during the quarter, compared to analysts’ expectations of $260.48 million. During the same quarter last year, the firm posted $0.47 EPS. Macerich’s revenue for the quarter was down 4.4% compared to the same quarter last year.

Hedge Funds Weigh In On Macerich

Institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC raised its stake in Macerich by 1.2% during the fourth quarter. HighTower Advisors LLC now owns 46,116 shares of the real estate investment trust’s stock worth $851,000 after purchasing an additional 530 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Macerich by 76.8% during the 4th 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. PNC Financial Services Group Inc. increased its holdings in shares of Macerich by 2.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 24,659 shares of the real estate investment trust’s stock worth $455,000 after buying an additional 622 shares during the last quarter. Bessemer Group Inc. raised its position in shares of Macerich by 1.7% during the 3rd quarter. Bessemer Group Inc. now owns 37,217 shares of the real estate investment trust’s stock valued at $678,000 after buying an additional 627 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in Macerich by 5.5% in the fourth quarter. Osaic Holdings Inc. now owns 12,116 shares of the real estate investment trust’s stock valued at $224,000 after acquiring an additional 637 shares during the last quarter. 87.38% of the stock is owned by hedge funds and other institutional investors.

Macerich Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 16th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, March 16th. Macerich’s dividend payout ratio is presently -88.31%.

More Macerich News

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: KeyCorp upgraded Macerich from sector weight to overweight, set a $25 price target and published a detailed set of raised quarterly and FY2026–FY2027 EPS forecasts (FY2027 EPS of $1.69 vs. consensus ~$1.55). The upgrade and updated earnings model are the main near-term bullish drivers for the stock. Benzinga The Fly Zacks
• Neutral Sentiment: Citigroup raised its price target on MAC from $19 to $21 but kept a “neutral” rating; the new target implies only modest upside versus the current trading level, so this is a limited positive signal relative to KeyCorp’s stronger stance. Benzinga
• Negative Sentiment: Recent coverage and the Q4/2025 call transcript highlight that while revenue improved, the company still reports ongoing losses and missed prior EPS expectations — reminders that execution and profitability remain risks that could cap upside if results don’t improve. Q4 2025 Earnings Call Transcript Article on 2025 Revenue and Losses

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.