Macerich Company (The) (NYSE:MAC) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Macerich Company (The) (NYSE:MAC) have been given a consensus rating of “Hold” by the twelve analysts that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $19.7636.

A number of research firms recently commented on MAC. Scotiabank upped their price objective on Macerich from $18.00 to $19.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. Truist Financial boosted their price target on Macerich from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Mizuho set a $21.00 price target on shares of Macerich in a research report on Friday, January 9th. Jefferies Financial Group reissued a “buy” rating and issued a $21.00 price objective on shares of Macerich in a report on Monday, December 15th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Macerich in a research report on Thursday, January 22nd.

Macerich Price Performance

Shares of NYSE:MAC opened at $19.83 on Friday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of -25.75, a price-to-earnings-growth ratio of 4.25 and a beta of 2.16. The business has a 50-day simple moving average of $18.65 and a two-hundred day simple moving average of $17.90. Macerich has a fifty-two week low of $12.48 and a fifty-two week high of $20.65.

Macerich (NYSE:MAC) last issued its quarterly earnings data on Wednesday, February 18th. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.50). Macerich had a negative net margin of 19.44% and a negative return on equity of 7.22%. The company had revenue of $261.70 million for the quarter, compared to the consensus estimate of $260.48 million. During the same quarter last year, the company earned $0.47 EPS. The firm’s revenue for the quarter was down 4.4% on a year-over-year basis. On average, analysts expect that Macerich will post 1.55 earnings per share for the current year.

Macerich Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 16th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Monday, March 16th. Macerich’s dividend payout ratio is -42.77%.

Institutional Trading of Macerich

Several hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in shares of Macerich by 73.2% in the third quarter. JPMorgan Chase & Co. now owns 11,521,554 shares of the real estate investment trust’s stock worth $209,692,000 after purchasing an additional 4,868,844 shares in the last quarter. Centersquare Investment Management LLC increased its stake in Macerich by 149.6% in the 4th quarter. Centersquare Investment Management LLC now owns 6,354,661 shares of the real estate investment trust’s stock worth $117,307,000 after buying an additional 3,808,336 shares in the last quarter. Norges Bank purchased a new stake in Macerich in the 4th quarter worth $66,924,000. Wellington Management Group LLP raised its holdings in Macerich by 139.8% during the fourth quarter. Wellington Management Group LLP now owns 3,675,803 shares of the real estate investment trust’s stock valued at $67,855,000 after acquiring an additional 2,142,737 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Macerich by 435.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,724,727 shares of the real estate investment trust’s stock valued at $31,390,000 after acquiring an additional 1,402,627 shares in the last quarter. Institutional investors own 87.38% of the company’s stock.

Macerich News Summary

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: Quarterly FFO topped expectations: Macerich reported FFO of $0.48/share vs. a $0.43 consensus, driven by solid leasing activity and rising re-leasing spreads — a core metric REIT investors use to value cash-generation. Read More.
• Positive Sentiment: Path-Forward plan making progress — management has set a goal of ~85% leasing completion by mid‑2026, signaling measurable leasing momentum and a clear timeline for the turnaround. That target supports a more constructive outlook on occupancy recovery. Read More.
• Positive Sentiment: Reported narrower losses and operational advances: Macerich reduced its net loss (non-GAAP metrics improved) and highlighted execution on its Path‑Forward initiatives, which reassures investors that the restructuring is producing results. Read More.
• Neutral Sentiment: Full earnings/management detail available: The Q4 earnings call transcript gives management commentary on leasing, capital allocation and timing for the plan — useful for investors who want to dig into guidance and lease cadence. Read More.
• Negative Sentiment: GAAP EPS missed and occupancy pressures persist: Macerich reported GAAP EPS of ($0.07), missing consensus (~$0.43), and revenue was down year‑over‑year with occupancy edging lower — reminders that the recovery is incomplete and non‑cash adjustments still weigh on headline earnings. Read More.

About Macerich

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.