FY2025 EPS Estimates for Macerich Increased by Analyst

Macerich Company (The) (NYSE:MAC) – Investment analysts at Zacks Research increased their FY2025 earnings per share (EPS) estimates for shares of Macerich in a report issued on Wednesday, October 22nd. Zacks Research analyst Team now expects that the real estate investment trust will post earnings per share of $1.45 for the year, up from their previous forecast of $1.44. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q1 2026 earnings at $0.32 EPS and Q2 2026 earnings at $0.35 EPS.

Macerich (NYSE:MAC) last announced its earnings results on Monday, August 11th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). Macerich had a negative net margin of 41.33% and a negative return on equity of 15.15%. The business had revenue of $249.79 million during the quarter, compared to the consensus estimate of $245.19 million. During the same period in the previous year, the firm posted $0.39 EPS. The company’s revenue was up 15.9% compared to the same quarter last year.

Several other research analysts have also recently commented on the stock. Bank of America raised shares of Macerich from a “neutral” rating to a “buy” rating and raised their target price for the stock from $19.00 to $23.00 in a report on Friday, September 26th. Evercore ISI raised their price objective on Macerich from $18.00 to $20.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. Scotiabank upped their target price on Macerich from $16.00 to $18.00 and gave the company a “sector perform” rating in a research report on Thursday, August 28th. Wall Street Zen cut Macerich from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Macerich from $18.00 to $19.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 27th. Six analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Macerich has a consensus rating of “Hold” and a consensus price target of $20.11.

Macerich Price Performance

Shares of Macerich stock opened at $17.89 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.00. The stock has a market capitalization of $4.52 billion, a price-to-earnings ratio of -10.23, a price-to-earnings-growth ratio of 3.13 and a beta of 2.23. Macerich has a twelve month low of $12.48 and a twelve month high of $22.27. The company has a 50-day simple moving average of $17.70 and a two-hundred day simple moving average of $16.48.

Macerich Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 9th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, September 9th. This represents a $0.68 annualized dividend and a yield of 3.8%. Macerich’s payout ratio is presently -38.86%.

Institutional Investors Weigh In On Macerich

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its position in Macerich by 14.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,371 shares of the real estate investment trust’s stock worth $98,000 after purchasing an additional 691 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Macerich by 2.2% during the first quarter. AQR Capital Management LLC now owns 37,808 shares of the real estate investment trust’s stock worth $640,000 after buying an additional 813 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of Macerich by 4.5% during the 1st quarter. Assetmark Inc. now owns 19,537 shares of the real estate investment trust’s stock valued at $335,000 after acquiring an additional 839 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Macerich by 16.0% in 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 purchasing an additional 858 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its position in Macerich by 2.4% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 36,060 shares of the real estate investment trust’s stock valued at $619,000 after purchasing an additional 860 shares during the last quarter. 87.38% of the stock is owned by institutional investors.

Macerich Company Profile

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, DC corridor.