Macerich Company (The) (NYSE:MAC) Short Interest Update

Posted by Stanley Muller on Jul 17th, 2026

Macerich Company (The) (NYSE:MAC – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 25,563,120 shares, a growth of 96.4% from the June 15th total of 13,015,731 shares. Currently, 9.0% of the company’s shares are sold short. Based on an average daily volume of 6,388,445 shares, the days-to-cover ratio is currently 4.0 days.

Analyst Upgrades and Downgrades

MAC has been the subject of several research reports. Scotiabank upped their target price on Macerich from $24.00 to $27.00 and gave the stock a “sector outperform” rating in a report on Thursday, June 18th. Wall Street Zen upgraded Macerich from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Morgan Stanley lifted their price objective on Macerich from $20.00 to $25.00 and gave the company an “equal weight” rating in a report on Thursday, June 18th. The Goldman Sachs Group upped their price objective on shares of Macerich from $17.00 to $19.00 and gave the stock a “sell” rating in a research note on Friday, May 15th. Finally, Truist Financial increased their target price on shares of Macerich from $20.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Macerich currently has an average rating of “Moderate Buy” and a consensus target price of $25.14.

Read Our Latest Stock Analysis on Macerich

Macerich Stock Up 0.3%

Macerich stock traded up $0.09 during mid-day trading on Friday, reaching $25.92. 1,631,278 shares of the company were exchanged, compared to its average volume of 2,731,730. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $7.35 billion, a P/E ratio of -36.50, a PEG ratio of 1.69 and a beta of 2.06. The business has a fifty day moving average of $23.77 and a 200 day moving average of $21.02. Macerich has a 12-month low of $15.94 and a 12-month high of $26.23.

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

Macerich Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Monday, June 15th were issued a $0.17 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.68 dividend on an annualized basis and a yield of 2.6%. Macerich’s payout ratio is currently -95.77%.

Institutional Trading of Macerich

Hedge funds have recently modified their holdings of the company. Fifth Third Bancorp grew its position in shares of Macerich by 14.7% in the 1st quarter. Fifth Third Bancorp now owns 3,666 shares of the real estate investment trust’s stock worth $69,000 after buying an additional 471 shares during the last quarter. HighTower Advisors LLC grew its holdings in Macerich by 1.2% in the fourth quarter. HighTower Advisors LLC now owns 46,116 shares of the real estate investment trust’s stock worth $851,000 after purchasing an additional 530 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Macerich by 76.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,347 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 585 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Macerich by 2.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 24,659 shares of the real estate investment trust’s stock worth $455,000 after purchasing an additional 622 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Macerich by 5.5% during the 4th quarter. Osaic Holdings Inc. now owns 12,116 shares of the real estate investment trust’s stock valued at $224,000 after purchasing an additional 637 shares during the last quarter. 87.38% of the stock is owned by hedge funds and other institutional investors.

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.