Macerich Company (The) (NYSE:MAC) Given Average Rating of “Hold” by Analysts

Shares of Macerich Company (The) (NYSE:MAC) have been given an average rating of “Hold” by the twelve analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $22.1667.

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Macerich from $18.00 to $19.00 and gave the company an “underweight” rating in a research report on Tuesday, March 10th. Wall Street Zen raised Macerich from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 9th. Evercore set a $22.00 target price on Macerich in a research report on Friday, May 8th. Citigroup upped their target price on Macerich from $21.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Finally, The Goldman Sachs Group raised their price target on Macerich from $17.00 to $19.00 and gave the company a “sell” rating in a report on Friday, May 15th.

Macerich Trading Down 1.3%

Shares of MAC opened at $22.53 on Friday. Macerich has a twelve month low of $15.48 and a twelve month high of $22.92. The stock has a market cap of $5.89 billion, a PE ratio of -31.72, a P/E/G ratio of 1.53 and a beta of 2.12. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.96. The business’s 50-day moving average price is $21.03 and its 200-day moving average price is $19.38.

Macerich (NYSE:MAC) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03. Macerich had a negative net margin of 18.22% and a negative return on equity of 6.95%. The company had revenue of $241.54 million during the quarter, compared to analysts’ expectations of $233.06 million. During the same quarter in the previous year, the company earned $0.33 earnings per share. Macerich’s revenue for the quarter was down 3.1% on a year-over-year basis. On average, equities analysts forecast that Macerich will post 1.46 EPS for the current fiscal year.

Macerich Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, June 15th. Macerich’s dividend payout ratio (DPR) is -95.77%.

Key Headlines Impacting Macerich

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $1.46 from $1.43, matching the current consensus and signaling confidence in Macerich’s near-term earnings power.
• Positive Sentiment: The firm also increased its Q3 2026 estimate to $0.36 from $0.35 and its Q3 2027 estimate to $0.41 from $0.40, while nudging FY2028 up to $1.64 from $1.63.
• Positive Sentiment: Earlier reporting noted Macerich set a new 52-week high, suggesting investor momentum remains supportive despite the latest analyst changes. Macerich (NYSE:MAC) Sets New 52-Week High – Here’s What Happened
• Neutral Sentiment: Analyst views were mixed overall, with some future-quarter estimates revised higher and others lowered, creating no clear directional surprise for the stock.
• Negative Sentiment: Zacks trimmed several estimates, including Q2 2026 to $0.32 from $0.33, Q1 2027 to $0.34 from $0.36, Q2 2027 to $0.37 from $0.39, Q4 2026 to $0.44 from $0.45, and FY2027 to $1.56 from $1.57, which may weigh on sentiment slightly.

Institutional Trading of Macerich

A number of large investors have recently modified their holdings of MAC. Royal Bank of Canada boosted its position in shares of Macerich by 20.1% during the 1st quarter. Royal Bank of Canada now owns 77,872 shares of the real estate investment trust’s stock valued at $1,338,000 after acquiring an additional 13,018 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Macerich by 2.2% during the 1st quarter. AQR Capital Management LLC now owns 37,808 shares of the real estate investment trust’s stock valued at $640,000 after acquiring an additional 813 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Macerich by 10.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 148,592 shares of the real estate investment trust’s stock valued at $2,551,000 after acquiring an additional 13,782 shares during the last quarter. Millennium Management LLC boosted its position in shares of Macerich by 376.2% during the 1st quarter. Millennium Management LLC now owns 906,843 shares of the real estate investment trust’s stock valued at $15,570,000 after acquiring an additional 716,394 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Macerich by 12.8% during the 1st quarter. Empowered Funds LLC now owns 26,361 shares of the real estate investment trust’s stock valued at $453,000 after acquiring an additional 2,983 shares during the last quarter. Institutional investors own 87.38% of the company’s stock.

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.