Zacks Research Brokers Lift Earnings Estimates for Macerich

Macerich Company (The) (NYSE:MAC) – Analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for Macerich in a research note issued on Wednesday, April 8th. Zacks Research analyst Team now forecasts that the real estate investment trust will earn $0.36 per share for the quarter, up from their previous forecast of $0.35. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q2 2027 earnings at $0.39 EPS, Q3 2027 earnings at $0.40 EPS, Q4 2027 earnings at $0.43 EPS, FY2027 earnings at $1.57 EPS, Q1 2028 earnings at $0.39 EPS and FY2028 earnings at $1.63 EPS.

Macerich (NYSE:MAC) last released its earnings results on Wednesday, February 18th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.50). Macerich had a negative net margin of 19.44% and a negative return on equity of 7.32%. The business had revenue of $261.70 million during the quarter, compared to the consensus estimate of $260.48 million. During the same period in the prior year, the company earned $0.47 earnings per share. The business’s revenue was down 4.4% on a year-over-year basis.

Several other equities analysts also recently commented on the company. Scotiabank upgraded Macerich from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $19.00 to $22.00 in a research note on Monday, March 30th. Mizuho set a $21.00 price objective on Macerich in a research note on Friday, January 9th. Jefferies Financial Group reiterated a “buy” rating and issued a $21.00 price objective on shares of Macerich in a research note on Monday, December 15th. Truist Financial upped their price objective on Macerich from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Citigroup upped their price objective on Macerich from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Macerich currently has a consensus rating of “Hold” and a consensus price target of $20.83.

Macerich Price Performance

Macerich stock opened at $21.05 on Thursday. Macerich has a 12 month low of $13.40 and a 12 month high of $21.25. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.01. The business’s 50 day simple moving average is $19.30 and its 200 day simple moving average is $18.31. The company has a market cap of $5.40 billion, a price-to-earnings ratio of -27.33, a PEG ratio of 1.42 and a beta of 2.20.

Institutional Investors Weigh In On Macerich

Institutional investors have recently made changes to their positions in the stock. Nordea Investment Management AB purchased a new stake in shares of Macerich during the third quarter worth $5,326,000. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in shares of Macerich by 35.0% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 724,233 shares of the real estate investment trust’s stock worth $13,181,000 after acquiring an additional 187,900 shares in the last quarter. Centersquare Investment Management LLC lifted its position in shares of Macerich by 8.9% during the third quarter. Centersquare Investment Management LLC now owns 2,546,325 shares of the real estate investment trust’s stock worth $46,343,000 after acquiring an additional 207,395 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Macerich by 39.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 388,219 shares of the real estate investment trust’s stock worth $7,066,000 after acquiring an additional 109,413 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of Macerich by 1,110.2% during the third quarter. SG Americas Securities LLC now owns 185,832 shares of the real estate investment trust’s stock worth $3,382,000 after acquiring an additional 170,477 shares in the last quarter. Hedge funds and other institutional investors own 87.38% of the company’s stock.

Macerich Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 16th were given a dividend of $0.17 per share. The ex-dividend date was Monday, March 16th. This represents a $0.68 annualized dividend and a dividend yield of 3.2%. Macerich’s dividend payout ratio is currently -88.31%.

Macerich News Roundup

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: Zacks Research raised multiple near‑term and medium‑term EPS forecasts for Macerich (Q1/Q2/Q3 2027, FY2027 and FY2028 were nudged higher), reflecting modestly better earnings visibility and supporting a slightly more constructive outlook from that shop. MarketBeat Macerich page
• Positive Sentiment: A Zacks feature notes MAC has outpaced peers (≈+16.4% over six months) on stable occupancy and positive leasing spreads in its high‑quality shopping center portfolio — a narrative that can attract momentum buyers and reinforce investor confidence. Macerich Stock Rises 16.4% in 6 Months
• Neutral Sentiment: An industry comparison piece provides context on Macerich vs. peers (valuation, leverage, portfolio composition); useful for investors but unlikely to move the stock alone. Financial Contrast: Macerich (MAC) & Its Peers
• Negative Sentiment: Offsetting the mostly positive revisions, Zacks trimmed its Q4 2027 EPS estimate slightly (from $0.45 to $0.43). The cut is small but signals some unevenness in near‑term expectations and could temper enthusiasm if followed by further downward revisions. MarketBeat Macerich page

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.