Macerich Company (The) (NYSE:MAC) Stock Has Average Price Target of $26.33

Posted by Brenda Bartman on Oct 6th, 2026

Macerich Company (The) (NYSE:MAC – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $26.33.

Several brokerages have recently commented on MAC. Piper Sandler upgraded shares of Macerich from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $28.00 to $30.00 in a research note on Thursday, August 27th. Mizuho set a $28.00 price objective on Macerich in a report on Wednesday, August 5th. LADENBURG THALM/SH SH increased their price objective on Macerich from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Compass Point reissued a “neutral” rating and issued a $26.00 target price (up from $23.00) on shares of Macerich in a research note on Friday, June 26th. Finally, Truist Financial started coverage on Macerich in a research note on Friday. They set a “buy” rating and a $26.00 price target on the stock.

Get Our Latest Analysis on Macerich

Macerich Trading Down 0.6%

Macerich stock opened at $22.92 on Friday. Macerich has a 52 week low of $16.03 and a 52 week high of $26.67. The firm has a market capitalization of $6.50 billion, a PE ratio of -35.26, a PEG ratio of 1.65 and a beta of 2.10. The business’s 50-day simple moving average is $23.80 and its 200-day simple moving average is $23.05. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.88 and a current ratio of 0.88.

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

Macerich Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 14th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, September 14th. Macerich’s dividend payout ratio (DPR) is currently -104.62%.

Insider Transactions at Macerich

In related news, CAO Christopher Zecchini sold 2,740 shares of Macerich stock in a transaction that occurred 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 of the company’s stock, valued at $19,718.16. This trade represents a 76.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Macerich

Several institutional investors and hedge funds have recently modified their holdings of MAC. Northwestern Mutual Wealth Management Co. bought a new position in shares of Macerich in the 2nd quarter valued at about $36,000. Hantz Financial Services Inc. increased its position in shares of Macerich by 80.4% in the fourth quarter. Hantz Financial Services Inc. now owns 1,535 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 684 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Macerich during the second quarter valued at approximately $39,000. Integrated Wealth Concepts LLC acquired a new position in Macerich during the second quarter valued at approximately $61,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Macerich in the fourth quarter valued at approximately $49,000. 87.38% of the stock is currently owned by institutional investors and hedge funds.

Macerich Company Profile

(Get Free Report)

Macerich (NYSE: MAC) is a self-managed real estate investment trust that owns, operates and develops retail and mixed-use properties in the United States. The company’s portfolio is primarily composed of regional town centers and shopping malls located in major metropolitan areas and attractive growth markets.

Macerich’s properties provide space for a broad range of retailers, restaurants, entertainment venues and service businesses. In addition to managing its shopping centers, the company focuses on leasing, property redevelopment and creating mixed-use destinations that can include residential, office, hotel and other complementary uses.

Founded in 1964, Macerich has grown through the acquisition, development and redevelopment of retail real estate.