Macerich (NYSE:MAC) Downgraded to “Hold” Rating by Compass Point

Posted by Stanley Muller on Jun 27th, 2026

Compass Point downgraded shares of Macerich (NYSE:MAC – Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Friday morning,Zacks.com reports.

Several other research analysts have also recently issued reports on the company. Mizuho increased their price objective on Macerich from $23.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. KeyCorp increased their target price on shares of Macerich from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft raised Macerich from a “hold” rating to a “buy” rating and raised their price target for the stock from $20.00 to $27.00 in a report on Tuesday, June 2nd. Scotiabank boosted their price objective on shares of Macerich from $24.00 to $27.00 and gave the company a “sector outperform” rating in a report on Thursday, June 18th. Finally, Wall Street Zen raised shares of Macerich from a “sell” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $25.00.

View Our Latest Report on MAC

Macerich Stock Performance

Macerich stock opened at $25.81 on Friday. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market capitalization of $7.32 billion, a P/E ratio of -36.35, a price-to-earnings-growth ratio of 1.71 and a beta of 2.10. Macerich has a 1-year low of $15.88 and a 1-year high of $25.97. The company’s 50-day moving average is $22.78 and its 200 day moving average is $20.35.

Macerich (NYSE:MAC – Get Free Report) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Macerich had a negative return on equity of 6.95% and a negative net margin of 18.22%.The firm had revenue of $241.54 million for the quarter, compared to analysts’ expectations of $233.06 million. During the same quarter in the prior year, the firm posted $0.33 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Research analysts forecast that Macerich will post 1.48 EPS for the current year.

Macerich Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Macerich’s payout ratio is -95.77%.

Hedge Funds Weigh In On Macerich

Several institutional investors have recently added to or reduced their stakes in the stock. DigitalBridge Group Inc. acquired a new stake in Macerich in the 3rd quarter worth about $9,146,000. Triad Investment Management acquired a new stake in shares of Macerich in the fourth quarter worth $3,820,000. American Century Companies Inc. boosted its position in Macerich by 16.1% during the 3rd quarter. American Century Companies Inc. now owns 1,317,513 shares of the real estate investment trust’s stock worth $23,979,000 after purchasing an additional 182,291 shares during the period. APG Asset Management US Inc. increased its holdings in Macerich by 29.7% in the 3rd quarter. APG Asset Management US Inc. now owns 1,351,135 shares of the real estate investment trust’s stock valued at $24,320,000 after purchasing an additional 309,544 shares in the last quarter. Finally, Bamco Inc. NY raised its position in Macerich by 18.9% in the third quarter. Bamco Inc. NY now owns 2,909,869 shares of the real estate investment trust’s stock valued at $52,960,000 after purchasing an additional 463,102 shares during the period. Institutional investors and hedge funds own 87.38% of the company’s stock.

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.