Macerich Company (The) (NYSE:MAC) Receives $26.00 Consensus Target Price from Brokerages

Posted by Brenda Bartman on Sep 13th, 2026

Macerich Company (The) (NYSE:MAC – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $26.00.

MAC has been the topic of a number of recent research reports. LADENBURG THALM/SH SH boosted their target price on Macerich from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Wall Street Zen raised Macerich from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Griffin Securities set a $26.00 price target on Macerich in a report on Tuesday, August 18th. Truist Financial boosted their price target on Macerich from $20.00 to $26.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Evercore set a $25.00 price objective on Macerich in a report on Thursday, August 6th.

Check Out Our Latest Research Report on Macerich

Macerich Stock Up 0.1%

MAC stock opened at $22.64 on Tuesday. The company has a 50 day moving average of $24.66 and a two-hundred day moving average of $22.70. The company has a market cap of $6.42 billion, a price-to-earnings ratio of -34.82, a PEG ratio of 1.63 and a beta of 2.06. Macerich has a 12-month low of $16.03 and a 12-month high of $26.67. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.67.

Macerich (NYSE:MAC – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.05). Macerich had a negative net margin of 16.85% and a negative return on equity of 6.26%. The company had revenue of $249.71 million for the quarter, compared to analysts’ expectations of $239.77 million. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The company’s revenue was up .0% on a year-over-year basis. On average, equities analysts anticipate that Macerich will post 1.49 earnings per share for the current fiscal year.

Macerich Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Monday, September 14th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Monday, September 14th. Macerich’s payout ratio is currently -104.62%.

Insider Buying and Selling

In other news, CAO Christopher Zecchini sold 2,740 shares of the stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $23.28, for a total transaction of $63,787.20. Following the transaction, the chief accounting officer owned 847 shares in the company, valued at $19,718.16. This represents a 76.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.21% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Macerich

Several institutional investors and hedge funds have recently modified their holdings of MAC. BlackRock Inc. bought a new stake in shares of Macerich during the 2nd quarter worth about $1,378,836,000. California State Teachers Retirement System raised its stake in shares of Macerich by 2,352.6% in the 2nd quarter. California State Teachers Retirement System now owns 7,537,427 shares of the real estate investment trust’s stock valued at $189,868,000 after acquiring an additional 7,230,107 shares in the last quarter. Deutsche Bank AG bought a new position in shares of Macerich in the 2nd quarter valued at approximately $138,928,000. Bamco Inc. NY acquired a new stake in Macerich in the 2nd quarter worth approximately $125,944,000. Finally, Centersquare Investment Management LLC lifted its holdings in Macerich by 149.6% in the 4th quarter. Centersquare Investment Management LLC now owns 6,354,661 shares of the real estate investment trust’s stock worth $117,307,000 after purchasing an additional 3,808,336 shares during the last quarter. Institutional investors and hedge funds own 87.38% of the company’s stock.

Macerich Company Profile

(Get Free Report)

Macerich (NYSE: MAC) is a self-managed real estate investment trust that owns, operates and develops retail real estate in the United States. The company focuses primarily on high-quality shopping centers and regional malls located in densely populated markets with strong consumer and tourism activity.

Macerich’s properties accommodate a range of retailers, restaurants, entertainment venues and service businesses. Its activities include leasing and managing retail space, operating shopping centers, and pursuing property redevelopment and expansion projects designed to enhance tenant offerings and the surrounding customer experience.

The company’s portfolio is concentrated in major metropolitan areas, particularly across the Western United States, while also including select properties in other prominent U.S.