Macerich (NYSE:MAC) Hits New 1-Year High – Here’s Why

Shares of Macerich Company (The) (NYSE:MAC) reached a new 52-week high on Friday . The company traded as high as $21.25 and last traded at $21.0460, with a volume of 1907527 shares. The stock had previously closed at $20.68.

Key Stories Impacting Macerich

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Macerich in a report on Thursday, January 22nd. Truist Financial boosted their target price on Macerich from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. The Goldman Sachs Group boosted their target price on Macerich from $15.00 to $17.00 and gave the stock a “sell” rating in a report on Monday, March 2nd. Jefferies Financial Group reissued a “buy” rating and set a $21.00 target price on shares of Macerich in a report on Monday, December 15th. Finally, Mizuho set a $21.00 price objective on Macerich in a report on Friday, January 9th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Macerich currently has an average rating of “Hold” and an average price target of $20.83.

Macerich Trading Up 1.8%

The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.02 and a current ratio of 1.02. The business has a fifty day simple moving average of $19.30 and a 200 day simple moving average of $18.31. The stock has a market capitalization of $5.40 billion, a price-to-earnings ratio of -27.33, a price-to-earnings-growth ratio of 1.42 and a beta of 2.20.

Macerich (NYSE:MAC) last issued its quarterly earnings data 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). Macerich had a negative net margin of 19.44% and a negative return on equity of 7.32%. The firm had revenue of $261.70 million during the quarter, compared to analyst estimates of $260.48 million. During the same period in the prior year, the company earned $0.47 earnings per share. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. As a group, research analysts expect that Macerich Company will post 1.55 EPS for the current year.

Macerich Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 16th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, March 16th. Macerich’s dividend payout ratio is currently -88.31%.

Institutional Trading of Macerich

Large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in shares of Macerich by 76.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,347 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 585 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Macerich by 366.2% during the 4th quarter. Global Retirement Partners LLC now owns 1,394 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 1,095 shares in the last quarter. Hantz Financial Services Inc. grew its holdings 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 purchasing an additional 684 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of Macerich during the 3rd quarter worth $33,000. Finally, Salomon & Ludwin LLC grew its holdings in shares of Macerich by 156.6% during the 4th quarter. Salomon & Ludwin LLC now owns 2,189 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 1,336 shares in the last quarter. 87.38% of the stock is owned by institutional investors and hedge funds.

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.