Q3 Earnings Estimate for Macerich Issued By Zacks Research

Macerich Company (The) (NYSE:MAC) – Equities researchers at Zacks Research lifted their Q3 2025 earnings estimates for Macerich in a report released on Monday, September 1st. Zacks Research analyst Team now expects that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous forecast of $0.35. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s FY2025 earnings at $1.44 EPS and Q1 2026 earnings at $0.31 EPS.

Several other analysts have also commented on the company. Scotiabank increased their price objective on Macerich from $16.00 to $18.00 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Piper Sandler upgraded Macerich from an “underweight” rating to a “neutral” rating and set a $16.00 target price for the company in a research note on Thursday, May 22nd. Mizuho upgraded Macerich from a “neutral” rating to an “outperform” rating and reduced their target price for the stock from $22.00 to $18.00 in a research note on Tuesday, June 10th. Truist Financial raised their target price on Macerich from $19.00 to $21.00 and gave the stock a “buy” rating in a research note on Monday, June 9th. Finally, LADENBURG THALM/SH SH assumed coverage on Macerich in a research note on Friday, July 18th. They issued a “buy” rating and a $25.00 target price for the company. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Macerich currently has a consensus rating of “Hold” and an average price target of $19.78.

Macerich Stock Performance

Shares of MAC opened at $18.72 on Thursday. Macerich has a 12 month low of $12.48 and a 12 month high of $22.27. The stock has a fifty day moving average price of $17.16 and a 200-day moving average price of $16.48. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.00. The firm has a market cap of $4.73 billion, a PE ratio of -10.69, a P/E/G ratio of 3.57 and a beta of 2.27.

Macerich (NYSE:MAC) last issued its quarterly earnings data on Monday, August 11th. The real estate investment trust reported $0.32 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $245.19 million. During the same quarter in the prior year, the company posted $0.39 EPS. The business’s revenue for the quarter was up 15.9% on a year-over-year basis.

Institutional Investors Weigh In On Macerich

A number of institutional investors have recently modified their holdings of the business. Thrivent Financial for Lutherans grew its position in shares of Macerich by 1.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 186,237 shares of the real estate investment trust’s stock valued at $3,013,000 after acquiring an additional 3,229 shares during the period. Public Sector Pension Investment Board boosted its holdings in Macerich by 9.3% in the 2nd quarter. Public Sector Pension Investment Board now owns 861,310 shares of the real estate investment trust’s stock worth $13,936,000 after buying an additional 73,172 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in Macerich by 6.1% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 648,125 shares of the real estate investment trust’s stock worth $10,495,000 after buying an additional 37,404 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Macerich by 3.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 29,512 shares of the real estate investment trust’s stock worth $478,000 after buying an additional 927 shares during the last quarter. Finally, BROOKFIELD Corp ON acquired a new stake in Macerich in the 2nd quarter worth about $6,667,000. 87.38% of the stock is currently owned by institutional investors and hedge funds.

Macerich Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 9th will be given a dividend of $0.17 per share. The ex-dividend date is Tuesday, September 9th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.6%. Macerich’s dividend payout ratio (DPR) is -38.86%.

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.