Zacks Research Comments on Macerich’s Q1 Earnings (NYSE:MAC)

The Macerich Company (NYSE:MAC) – Research analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for shares of Macerich in a note issued to investors 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 forecast 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 a number of other reports. Jefferies Financial Group upgraded shares of Macerich from a “hold” rating to a “buy” rating and upped their price target for the stock from $19.00 to $23.00 in a research report on Thursday, January 2nd. Scotiabank dropped their target price on shares of Macerich from $22.00 to $21.00 and set a “sector perform” rating for the company in a report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft initiated coverage on Macerich in a research report on Tuesday, December 17th. They issued a “hold” rating and a $22.00 price objective on the stock. Piper Sandler cut their target price on Macerich from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Friday, February 28th. Finally, Mizuho raised Macerich from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $14.00 to $22.00 in a report on Wednesday, December 4th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $19.49.

Macerich Stock Down 2.3 %

MAC opened at $17.39 on Monday. The firm’s 50 day simple moving average is $19.18 and its two-hundred day simple moving average is $19.16. The company has a market capitalization of $4.39 billion, a PE ratio of 44.59, a PEG ratio of 0.71 and a beta of 2.62. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.68. Macerich has a 1-year low of $12.99 and a 1-year high of $22.27.

Macerich Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date was Tuesday, March 4th. Macerich’s payout ratio is -86.08%.

Insider Buying and Selling at Macerich

In other news, Director Andrea M. Stephen sold 63,289 shares of Macerich stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $20.59, for a total value of $1,303,120.51. Following the completion of the transaction, the director now owns 83,479 shares in the company, valued at approximately $1,718,832.61. The trade was a 43.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.53% of the stock is owned by company insiders.

Institutional Trading of Macerich

Institutional investors have recently bought and sold shares of the stock. FMR LLC raised its stake in shares of Macerich by 12,475.9% in the third quarter. FMR LLC now owns 11,772,891 shares of the real estate investment trust’s stock valued at $214,738,000 after acquiring an additional 11,679,276 shares during the period. Wellington Management Group LLP grew its holdings in Macerich by 845.9% during the 4th quarter. Wellington Management Group LLP now owns 10,051,286 shares of the real estate investment trust’s stock valued at $200,222,000 after purchasing an additional 8,988,665 shares during the last quarter. Vanguard Group Inc. raised its position in Macerich by 13.2% in the 4th quarter. Vanguard Group Inc. now owns 38,617,446 shares of the real estate investment trust’s stock worth $769,260,000 after purchasing an additional 4,503,509 shares during the period. Bamco Inc. NY lifted its stake in Macerich by 175.8% in the fourth quarter. Bamco Inc. NY now owns 4,675,471 shares of the real estate investment trust’s stock worth $93,135,000 after purchasing an additional 2,980,051 shares during the last quarter. Finally, Prudential Financial Inc. grew its stake in shares of Macerich by 463.6% during the fourth quarter. Prudential Financial Inc. now owns 2,590,689 shares of the real estate investment trust’s stock valued at $51,607,000 after buying an additional 2,131,030 shares during the last quarter. 87.38% of the stock is currently 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.