Q1 Earnings Forecast for Macerich Issued By Zacks Research

The Macerich Company (NYSE:MAC) – Investment analysts at Zacks Research lowered their Q1 2025 earnings per share estimates for shares of Macerich in a research report issued to clients and investors on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $0.31 for the quarter, down from their prior forecast of $0.33. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q2 2025 earnings at $0.35 EPS, Q3 2025 earnings at $0.35 EPS, FY2025 earnings at $1.45 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.46 EPS and FY2027 earnings at $1.64 EPS.

A number of other analysts have also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Macerich in a research note on Tuesday, December 17th. They set a “hold” rating and a $22.00 price target for the company. Piper Sandler decreased their target price on shares of Macerich from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Friday, February 28th. JPMorgan Chase & Co. dropped their price target on Macerich from $22.00 to $18.00 and set an “underweight” rating on the stock in a research report on Monday, March 10th. Morgan Stanley raised Macerich from an “underweight” rating to an “equal weight” rating and set a $20.00 price objective for the company in a research note on Wednesday, January 15th. Finally, Mizuho upgraded Macerich from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $14.00 to $22.00 in a research note on Wednesday, December 4th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Macerich currently has a consensus rating of “Hold” and a consensus target price of $19.20.

Macerich Price Performance

MAC stock opened at $17.79 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.68. The company has a market capitalization of $4.49 billion, a P/E ratio of 45.62, a PEG ratio of 0.71 and a beta of 2.62. The business has a 50 day simple moving average of $19.22 and a 200-day simple moving average of $19.15. Macerich has a twelve month low of $12.99 and a twelve month high of $22.27.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Macerich by 13.2% during the 4th quarter. Vanguard Group Inc. now owns 38,617,446 shares of the real estate investment trust’s stock worth $769,260,000 after acquiring an additional 4,503,509 shares in the last quarter. FMR LLC boosted its position in Macerich by 87.3% during the fourth quarter. FMR LLC now owns 22,047,786 shares of the real estate investment trust’s stock worth $439,192,000 after purchasing an additional 10,274,895 shares in the last quarter. Wellington Management Group LLP grew its holdings in Macerich by 845.9% in the fourth quarter. Wellington Management Group LLP now owns 10,051,286 shares of the real estate investment trust’s stock valued at $200,222,000 after purchasing an additional 8,988,665 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Macerich by 10.6% in the fourth quarter. Geode Capital Management LLC now owns 6,001,399 shares of the real estate investment trust’s stock valued at $119,573,000 after buying an additional 574,490 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Macerich by 7.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,171,300 shares of the real estate investment trust’s stock worth $103,012,000 after buying an additional 369,931 shares during the last quarter. 87.38% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Andrea M. Stephen sold 63,289 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $20.59, for a total value of $1,303,120.51. Following the completion of the sale, the director now owns 83,479 shares in the company, valued at $1,718,832.61. This trade represents a 43.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.53% of the company’s stock.

Macerich Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend was Tuesday, March 4th. Macerich’s dividend payout ratio (DPR) is currently -86.08%.

About Macerich

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, DC corridor.