Zacks Research Comments on Macerich’s Q4 Earnings (NYSE:MAC)

Macerich Company (The) (NYSE:MAC) – Investment analysts at Zacks Research cut their Q4 2026 earnings estimates for Macerich in a research report issued on Tuesday, August 25th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings per share of $0.41 for the quarter, down from their previous forecast of $0.44. The consensus estimate for Macerich’s current full-year earnings is $1.49 per share. Zacks Research also issued estimates for Macerich’s Q1 2027 earnings at $0.32 EPS, Q4 2027 earnings at $0.48 EPS, FY2027 earnings at $1.58 EPS and FY2028 earnings at $1.66 EPS.

Macerich (NYSE:MAC) last released its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.05). The company had revenue of $249.71 million for the quarter, compared to analyst estimates of $239.77 million. Macerich had a negative return on equity of 6.26% and a negative net margin of 16.85%.The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the company earned $0.33 EPS.

Other equities analysts also recently issued research reports about the company. Scotiabank raised their target price on Macerich from $24.00 to $27.00 and gave the company a “sector outperform” rating in a research report on Thursday, June 18th. Jefferies Financial Group upgraded Macerich to a “strong-buy” rating in a research report on Friday, June 26th. Morgan Stanley increased their price objective on Macerich from $20.00 to $25.00 and gave the company an “equal weight” rating in a research note on Thursday, June 18th. LADENBURG THALM/SH SH raised their price objective on Macerich from $27.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Finally, The Goldman Sachs Group lifted their target price on shares of Macerich from $17.00 to $19.00 and gave the stock a “sell” rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Macerich currently has an average rating of “Moderate Buy” and a consensus price target of $25.75.

Macerich Trading Down 0.3%

MAC stock opened at $24.29 on Wednesday. Macerich has a 12-month low of $16.03 and a 12-month high of $26.67. The business’s 50-day moving average is $25.03 and its 200 day moving average is $22.33. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.67. The stock has a market cap of $6.89 billion, a price-to-earnings ratio of -37.36, a PEG ratio of 1.72 and a beta of 2.07.

Institutional Investors Weigh In On Macerich

Large investors have recently made changes to their positions in the stock. Fifth Third Bancorp grew its position in shares of Macerich by 14.7% during the first quarter. Fifth Third Bancorp now owns 3,666 shares of the real estate investment trust’s stock worth $69,000 after acquiring an additional 471 shares during the last quarter. HighTower Advisors LLC raised its position in Macerich by 1.2% in the 4th quarter. HighTower Advisors LLC now owns 46,116 shares of the real estate investment trust’s stock valued at $851,000 after purchasing an additional 530 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in 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 during the period. PNC Financial Services Group Inc. boosted its stake in Macerich by 2.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 24,659 shares of the real estate investment trust’s stock worth $455,000 after purchasing an additional 622 shares during the period. Finally, Osaic Holdings Inc. grew its position in Macerich by 5.5% during the 4th quarter. Osaic Holdings Inc. now owns 12,116 shares of the real estate investment trust’s stock worth $224,000 after purchasing an additional 637 shares during the last quarter. 87.38% of the stock is currently owned by hedge funds and other institutional investors.

Macerich Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Monday, September 14th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, September 14th. Macerich’s payout ratio is currently -104.62%.

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.