FY2025 EPS Estimates for Macerich Increased by Analyst

Macerich Company (The) (NYSE:MAC) – Zacks Research upped their FY2025 earnings estimates for shares of Macerich in a research report issued to clients and investors on Wednesday, October 22nd. Zacks Research analyst Team now expects that the real estate investment trust will earn $1.45 per share for the year, up from their prior forecast of $1.44. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q1 2026 earnings at $0.32 EPS and Q2 2026 earnings at $0.35 EPS.

Macerich (NYSE:MAC) last posted its quarterly earnings results on Monday, August 11th. The real estate investment trust reported $0.32 earnings per share (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 business had revenue of $249.79 million during the quarter, compared to the consensus estimate of $245.19 million. During the same quarter in the previous year, the business posted $0.39 earnings per share. The company’s quarterly revenue was up 15.9% compared to the same quarter last year.

A number of other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Macerich from $18.00 to $19.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 27th. Wall Street Zen downgraded shares of Macerich from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. LADENBURG THALM/SH SH started coverage on shares of Macerich in a research report on Friday, July 18th. They issued a “buy” rating and a $25.00 price target on the stock. Bank of America upgraded shares of Macerich from a “neutral” rating to a “buy” rating and raised their price target for the stock from $19.00 to $23.00 in a research report on Friday, September 26th. Finally, Scotiabank increased their price objective on shares of Macerich from $16.00 to $18.00 and gave the stock a “sector perform” rating in a 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, Macerich has a consensus rating of “Hold” and an average price target of $20.11.

Macerich Trading Up 0.6%

Macerich stock opened at $18.01 on Friday. The firm’s 50-day moving average is $17.72 and its 200-day moving average is $16.51. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.76 and a current ratio of 0.76. Macerich has a 1 year low of $12.48 and a 1 year high of $22.27. The company has a market cap of $4.55 billion, a P/E ratio of -10.29, a PEG ratio of 3.13 and a beta of 2.23.

Hedge Funds Weigh In On Macerich

Several large investors have recently bought and sold shares of MAC. Fifth Third Bancorp increased its stake in Macerich by 47.7% during the 2nd quarter. Fifth Third Bancorp now owns 3,011 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 972 shares during the period. Signaturefd LLC increased its stake in Macerich by 34.9% during the 1st quarter. Signaturefd LLC now owns 3,329 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 862 shares during the period. Quarry LP increased its stake in Macerich by 2,691.6% during the 1st quarter. Quarry LP now owns 3,322 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 3,203 shares during the period. Archer Investment Corp acquired a new position in Macerich during the 1st quarter valued at about $98,000. Finally, GAMMA Investing LLC grew its stake in shares of Macerich by 14.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,371 shares of the real estate investment trust’s stock worth $98,000 after purchasing an additional 691 shares during the last quarter. Institutional investors and hedge funds own 87.38% of the company’s stock.

Macerich Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 9th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, September 9th. This represents a $0.68 annualized dividend and a yield of 3.8%. Macerich’s dividend payout ratio (DPR) is presently -38.86%.

About Macerich

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.