Q1 Earnings Forecast for Macerich Issued By Zacks Research

Macerich Company (The) (NYSE:MAC) – Analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for Macerich in a note issued to investors on Tuesday, March 10th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings per share of $0.30 for the quarter, down from their prior forecast of $0.32. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.45 EPS, FY2026 earnings at $1.42 EPS, Q1 2027 earnings at $0.35 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.39 EPS, Q4 2027 earnings at $0.45 EPS, FY2027 earnings at $1.56 EPS and FY2028 earnings at $1.62 EPS.

Several other equities research analysts have also recently weighed in on the stock. Scotiabank boosted their price target on shares of Macerich from $18.00 to $19.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 13th. Citigroup increased their price objective on shares of Macerich from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, February 25th. Jefferies Financial Group reissued a “buy” rating and issued a $21.00 price objective on shares of Macerich in a research note on Monday, December 15th. Truist Financial boosted their target price on shares of Macerich from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, The Goldman Sachs Group lifted their price target on Macerich from $15.00 to $17.00 and gave the stock a “sell” rating in a research report on Monday, March 2nd. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $20.46.

Macerich Stock Performance

NYSE:MAC opened at $18.61 on Thursday. The company has a market cap of $4.78 billion, a price-to-earnings ratio of -24.17, a PEG ratio of 1.33 and a beta of 2.17. Macerich has a 1 year low of $12.48 and a 1 year high of $20.93. The stock’s 50 day simple moving average is $19.01 and its two-hundred day simple moving average is $18.18. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.02 and a quick ratio of 1.02.

Macerich (NYSE:MAC) last posted 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). The firm had revenue of $261.70 million during the quarter, compared to analysts’ expectations of $260.48 million. Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.Macerich’s quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.47 earnings per share.

Macerich Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 16th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, March 16th. Macerich’s dividend payout ratio is presently -88.31%.

Institutional Trading of Macerich

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of Macerich by 76.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,347 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 585 shares during the period. Global Retirement Partners LLC raised its holdings in shares of Macerich by 366.2% in the fourth quarter. Global Retirement Partners LLC now owns 1,394 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 1,095 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of Macerich by 80.4% during the 4th quarter. Hantz Financial Services Inc. now owns 1,535 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 684 shares during the last quarter. Triumph Capital Management bought a new stake in shares of Macerich during the 3rd quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC boosted its holdings in Macerich by 156.6% during the 4th quarter. Salomon & Ludwin LLC now owns 2,189 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 1,336 shares during the period. 87.38% of the stock is owned by hedge funds and other institutional investors.

Macerich News Summary

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: JPMorgan increased its price target for Macerich to $19.00, providing near-term support for the stock by signaling better medium-term valuation expectations. JPMorgan price target raise
• Positive Sentiment: Zacks raised several 2027 and late-2026 estimates: Q1 2027 to $0.35, Q2 2027 to $0.37, Q3 2027 to $0.39 and bumped Q4 2026 to $0.45 (small upward revisions), and lifted FY2027 to $1.56—indicating improving expectations beyond 2026.
• Neutral Sentiment: Zacks published FY2028 guidance of $1.62 EPS for Macerich; useful for longer-horizon investors but less immediately market-moving than near-term cuts.
• Negative Sentiment: Zacks cut several near-term 2026 estimates: Q1 2026 to $0.30 (from $0.32), Q2 2026 to $0.32 (from $0.34), Q3 2026 to $0.34 (from $0.36), and lowered FY2026 to $1.42 (from $1.47). These downward revisions to 2026 earnings are the most likely catalyst for selling pressure today.
• Negative Sentiment: Zacks also trimmed Q4 2027 slightly (to $0.45 from $0.46), adding to the mixed-tone of the report and reinforcing near-term uncertainty for the year-ahead cadence.

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.