Macerich (NYSE:MAC) Sets New 12-Month High – Should You Buy?

Posted by Brenda Bartman on May 27th, 2026

Macerich Company (The) (NYSE:MAC – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $22.72 and last traded at $22.49, with a volume of 1974588 shares trading hands. The stock had previously closed at $22.17.

Wall Street Analysts Forecast Growth

MAC has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Macerich from $18.00 to $19.00 and gave the company an “underweight” rating in a research report on Tuesday, March 10th. The Goldman Sachs Group lifted their price objective on shares of Macerich from $17.00 to $19.00 and gave the company a “sell” rating in a research report on Friday, May 15th. Wall Street Zen raised shares of Macerich from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 9th. Evercore set a $22.00 price objective on shares of Macerich in a research report on Friday, May 8th. Finally, Citigroup raised their target price on shares of Macerich from $21.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Macerich has an average rating of “Hold” and a consensus target price of $22.17.

Read Our Latest Stock Analysis on MAC

Macerich Trading Up 1.4%

The business’s 50 day moving average price is $20.80 and its 200-day moving average price is $19.29. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.96. The company has a market cap of $5.88 billion, a price-to-earnings ratio of -31.68, a PEG ratio of 1.51 and a beta of 2.12.

Macerich (NYSE:MAC – Get Free Report) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $241.54 million during the quarter, compared to analysts’ expectations of $233.06 million. Macerich had a negative net margin of 18.22% and a negative return on equity of 6.95%. Macerich’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 EPS. On average, equities analysts anticipate that Macerich Company will post 1.46 EPS for the current fiscal year.

Macerich Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, June 15th. Macerich’s dividend payout ratio (DPR) is currently -95.77%.

Institutional Trading of Macerich

A number of hedge funds have recently modified their holdings of MAC. Farther Finance Advisors LLC lifted its stake in shares of 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 buying an additional 585 shares during the last quarter. Global Retirement Partners LLC raised its stake in Macerich by 366.2% in the 4th quarter. Global Retirement Partners LLC now owns 1,394 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 1,095 shares in the last quarter. Hantz Financial Services Inc. raised its stake in Macerich by 80.4% in the 4th quarter. Hantz Financial Services Inc. now owns 1,535 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 684 shares in the last quarter. Triumph Capital Management acquired a new stake in Macerich in the 3rd quarter worth about $33,000. Finally, Salomon & Ludwin LLC raised its stake in Macerich by 156.6% in the 4th quarter. Salomon & Ludwin LLC now owns 2,189 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 1,336 shares in the last quarter. Institutional investors and hedge funds own 87.38% of the company’s stock.

About Macerich

(Get Free Report)

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.