What is Zacks Research’s Forecast for Macerich Q1 Earnings?

The Macerich Company (NYSE:MAC) – Research analysts at Zacks Research dropped their Q1 2025 earnings estimates for shares of Macerich in a research report issued on Thursday, March 20th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings of $0.31 per share for the quarter, down from their prior estimate of $0.33. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q2 2025 earnings at $0.35 EPS, Q3 2025 earnings at $0.35 EPS, FY2025 earnings at $1.45 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.46 EPS and FY2027 earnings at $1.64 EPS.

MAC has been the subject of several other reports. Mizuho raised Macerich from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $14.00 to $22.00 in a research report on Wednesday, December 4th. Piper Sandler lowered their target price on Macerich from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Friday, February 28th. Deutsche Bank Aktiengesellschaft began coverage on Macerich in a report on Tuesday, December 17th. They set a “hold” rating and a $22.00 price target on the stock. Jefferies Financial Group upgraded shares of Macerich from a “hold” rating to a “buy” rating and lifted their price objective for the company from $19.00 to $23.00 in a research note on Thursday, January 2nd. Finally, Morgan Stanley raised shares of Macerich from an “underweight” rating to an “equal weight” rating and set a $20.00 target price on the stock in a research note on Wednesday, January 15th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $19.20.

Macerich Price Performance

Shares of NYSE MAC opened at $17.27 on Monday. The company has a market capitalization of $4.36 billion, a PE ratio of 44.27, a P/E/G ratio of 0.71 and a beta of 2.62. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.68. Macerich has a twelve month low of $12.99 and a twelve month high of $22.27. The firm has a fifty day simple moving average of $19.25 and a 200 day simple moving average of $19.13.

Hedge Funds Weigh In On Macerich

Several hedge funds have recently modified their holdings of the company. Quantbot Technologies LP bought a new position in shares of Macerich in the fourth quarter valued at approximately $30,000. Lazard Asset Management LLC purchased a new position in Macerich in the fourth quarter worth $45,000. Blue Trust Inc. grew its stake in Macerich by 68.8% in the 4th quarter. Blue Trust Inc. now owns 2,610 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 1,064 shares during the period. State of Wyoming purchased a new stake in shares of Macerich during the 4th quarter valued at $55,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Macerich by 314.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,467 shares of the real estate investment trust’s stock worth $69,000 after purchasing an additional 2,630 shares during the period. Institutional investors own 87.38% of the company’s stock.

Insider Transactions at Macerich

In other Macerich news, Director Andrea M. Stephen sold 63,289 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $20.59, for a total value of $1,303,120.51. Following the completion of the sale, the director now directly owns 83,479 shares of the company’s stock, valued at approximately $1,718,832.61. This represents a 43.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.53% of the company’s stock.

Macerich Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date was Tuesday, March 4th. Macerich’s dividend payout ratio is -86.08%.

About Macerich

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.