Macerich (MAC) to Post Quarterly Earnings on Tuesday

Macerich (NYSE:MACGet Free Report) is projected to announce its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect Macerich to announce earnings of ($0.0527) per share and revenue of $239.7690 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 5:00 PM ET.

Macerich (NYSE:MACGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Macerich had a negative return on equity of 6.95% and a negative net margin of 18.22%.The firm had revenue of $241.54 million during the quarter, compared to analysts’ expectations of $233.06 million. During the same period in the prior year, the business posted $0.33 EPS. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. On average, analysts expect Macerich to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Macerich Price Performance

Shares of MAC stock opened at $25.82 on Friday. The stock’s 50-day moving average is $24.60 and its 200 day moving average is $21.56. Macerich has a 1-year low of $15.94 and a 1-year high of $26.67. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $7.32 billion, a P/E ratio of -36.36, a PEG ratio of 1.82 and a beta of 2.06.

Macerich Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Monday, June 15th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Macerich’s dividend payout ratio is presently -95.77%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MAC shares. LADENBURG THALM/SH SH raised their price target on shares of Macerich from $27.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Jefferies Financial Group raised shares of Macerich to a “strong-buy” rating in a research report on Friday, June 26th. Wall Street Zen upgraded shares of Macerich from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Evercore set a $24.00 price target on shares of Macerich in a report on Tuesday, July 7th. Finally, Mizuho upped their price target on Macerich from $23.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Macerich currently has an average rating of “Moderate Buy” and an average target price of $25.33.

Check Out Our Latest Stock Analysis on MAC

Hedge Funds Weigh In On Macerich

Hedge funds and other institutional investors have recently modified their holdings of the stock. Global Retirement Partners LLC grew its holdings in shares of Macerich by 366.2% during the fourth quarter. Global Retirement Partners LLC now owns 1,394 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,095 shares during the last quarter. Triumph Capital Management purchased a new position in Macerich in the 3rd quarter worth $33,000. Kestra Advisory Services LLC purchased a new position in Macerich in the 4th quarter worth $43,000. Danske Bank A S acquired a new stake in Macerich during the 3rd quarter worth about $56,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Macerich by 16.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,205 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 858 shares during the period. 87.38% of the stock is owned by hedge funds and other institutional investors.

Macerich Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Macerich (NYSE:MAC)

Receive News & Ratings for Macerich Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macerich and related companies with MarketBeat.com's FREE daily email newsletter.