Zacks Research Has Bullish Estimate for Macerich Q3 Earnings

Posted by Francis Steltz on May 28th, 2026

Macerich Company (The) (NYSE:MAC – Free Report) – Investment analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of Macerich in a report released on Wednesday, May 27th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.35. The consensus estimate for Macerich’s current full-year earnings is $1.46 per share. Zacks Research also issued estimates for Macerich’s FY2026 earnings at $1.46 EPS, Q3 2027 earnings at $0.41 EPS and FY2028 earnings at $1.64 EPS.

Several other research firms have also recently weighed in on MAC. The Goldman Sachs Group raised 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. Morgan Stanley set a $20.00 target price on shares of Macerich in a research note on Tuesday, April 14th. KeyCorp set a $25.00 target price on shares of Macerich and gave the company an “overweight” rating in a research note on Monday, February 23rd. Wall Street Zen raised shares of Macerich from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Citigroup raised their target price on shares of Macerich from $21.00 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $22.17.

Get Our Latest Stock Analysis on MAC

Macerich Trading Up 0.9%

MAC opened at $22.68 on Thursday. 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 stock has a market capitalization of $5.93 billion, a PE ratio of -31.95, a PEG ratio of 1.53 and a beta of 2.12. Macerich has a 1-year low of $15.23 and a 1-year high of $22.74. The firm has a 50-day moving average price of $20.88 and a two-hundred day moving average price of $19.32.

Macerich (NYSE:MAC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. The firm 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%. The company’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.

Institutional Inflows and Outflows

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

Macerich Dividend Announcement

The firm 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 $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, June 15th. Macerich’s dividend payout ratio (DPR) is -95.77%.

Macerich Company Profile

(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.