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    M

    Macerich Company (MAC)

    Official site

    REAL ESTATE • REIT - RETAIL • NYSE

    $23.09
    +0.91 (+4.08%)

    Market Cap: $6.54B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    41%(16/39)
    Avg Surprise
    -48.63%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$-0.01
    Range$-0.04 - $0.02
    3 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$-0.04+63.8%
    60d ago$-0.04+63.8%
    30d ago$-0.03+55.7%
    7d ago$-0.03+55.7%
    Current$-0.01
    Revenue Consensus
    $250M
    Range$243M - $263M
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$-0.01
    Range$-0.06 - $0.04
    4 analysts
    Revenue Consensus
    $256M
    Range$228M - $307M
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$-0.01---
    Sep 26EST
    		-$-0.01---
    Jun 26
    Reported Aug 4
    		$0.35$0.33+6.06%Beat+391.7%
    Mar 26
    Reported May 6
    		$-0.16$-0.10-60.00%Miss-14.3%
    Dec 25
    Reported Feb 18
    		$0.48$0.43+11.63%Beat+1428.7%
    Sep 25
    Reported Nov 4
    		$-0.16$-0.10-60.00%Miss+61.9%
    Jun 25
    Reported Aug 11
    		$-0.12$-0.09-33.33%Miss+64.7%
    Mar 25
    Reported May 12
    		$-0.14$-0.11-27.27%Miss+65.0%
    Dec 24
    Reported Feb 27
    		$0.03$0.03+4.67%Beat-88.4%
    Sep 24
    Reported Nov 6
    		$-0.42$-0.12-250.00%Miss+20.8%
    Jun 24
    Reported Jul 31
    		$-0.34$-0.09-277.78%Miss-183.3%
    Mar 24
    Reported Apr 30
    		$-0.40$-0.11-263.64%Miss-37.9%
    Dec 23
    Reported Feb 7
    		$0.27$0.01+2600.00%Beat+2600.0%
    Sep 23
    Reported Oct 31
    		$-0.53$-0.08-562.50%Miss-562.5%
    Jun 23
    Reported Aug 8
    		$-0.12$-0.08-50.00%Miss-71.4%
    Mar 23
    Reported May 4
    		$-0.29$-0.04-625.00%Miss-45.0%
    Dec 22
    Reported Feb 7
    		$0.01N/A-66.67%Miss+112.5%
    Sep 22
    Reported Nov 3
    		$-0.08$-0.04-100.00%Miss+84.9%
    Jun 22
    Reported Jul 28
    		$-0.07$-0.06-16.67%Miss-75.0%
    Mar 22
    Reported May 9
    		$-0.20$0.01-2100.00%Miss+25.9%
    Dec 21
    Reported Feb 10
    		$-0.08$-0.04-100.00%Miss+55.6%
    Sep 21
    Reported Nov 3
    		$-0.53$-0.04-1225.00%Miss-253.3%
    Jun 21
    Reported Aug 4
    		$-0.04N/A+69.23%Beat+77.8%
    Mar 21
    Reported May 11
    		$-0.27$-0.16-68.75%Miss-640.0%
    Dec 20
    Reported Feb 11
    		$-0.18$-0.16-12.50%Miss-220.0%
    Sep 20
    Reported Nov 5
    		$-0.15$-0.17+11.76%Beat-148.4%
    Jun 20
    Reported Aug 11
    		$-0.18$-0.32+43.75%Beat-205.9%
    Mar 20
    Reported May 12
    		$0.05$0.04+25.00%Beat-50.0%
    Dec 19
    Reported Feb 6
    		$0.15$0.19-21.05%Miss-46.4%
    Sep 19
    Reported Oct 31
    		$0.31$0.10+210.00%Beat+72.2%
    Jun 19
    Reported Aug 1
    		$0.17$0.09+88.89%Beat-29.2%
    Mar 19
    Reported May 2
    		$0.10$0.01+900.00%Beat+900.0%
    Dec 18
    Reported Feb 7
    		$0.28$0.28+0.00%Beat+0.0%
    Sep 18
    Reported Oct 31
    		$0.18$0.20-10.00%Miss+0.0%
    Jun 18
    Reported Aug 1
    		$0.24$0.16+50.00%Beat+26.3%
    Mar 18
    Reported May 2
    		$0.01$0.01+0.00%Beat-90.9%
    Dec 17
    Reported Feb 5
    		$0.28$0.31-9.68%Miss-15.2%
    Sep 17
    Reported Oct 30
    		$0.18$0.19-5.26%Miss-
    Jun 17
    Reported Aug 2
    		$0.19$0.14+35.71%Beat-
    Mar 17
    Reported Apr 27
    		$0.11$0.12-8.33%Miss-
    Dec 16
    Reported Feb 6
    		$0.33$0.33+0.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.95%
    Forward Annual Dividend$0.68
    Payout Ratio60.66%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+3.13%
    5Y CAGR+11.20%
    MAC dividend history and ex-dividend datesRun MAC in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio45.26EV/EBITDA39.47x
    Price/FCF33.87xFCF Yield2.95%
    Profitability
    Profit Margin-16.50%Operating Margin16.30%
    ROE-6.18%ROIC-1.16%
    Financial Health
    Debt/Equity1.71xInterest Coverage0.02x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta2.10Avg Volume3.42M
    52-Week High$26.4852-Week Low$15.52

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$22.58
    SMA 20$22.61
    SMA 50$23.21
    SMA 200$21.74
    EMA 10$22.57
    EMA 20$22.66
    EMA 50$23.09
    EMA 200$21.85

    MACD

    Line: -0.17Signal: -0.24Hist: 0.07

    ADX

    ADX: 24.6+DI: 23.3-DI: 20.2

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down80.0
    PSAR$21.94

    Bollinger Bands

    Upper Band$23.16
    Lower Band$22.05
    %B Position491%(Upper)
    Band Width0.93

    RSI (14-Day)

    Neutral
    54.6

    Momentum Oscillators

    Stoch %K52.6
    Stoch %D43.6
    Williams %R-9.1
    ROC (10d)2.4%
    Momentum0.55
    CCI (20d)82.6
    MFI (14d)56.2

    Volatility Measures

    ATR (14d)$0.52(2.3%)
    StdDev (20d)0.28
    Hist Vol24.9%(Moderate)

    Volume Flow

    VWAP$22.84
    OBV87.1M
    AD Line-752.1M
    CMF (20d)0.085

    Volume Metrics

    Avg Vol (20d)3.4M
    Vol Ratio1.2x
    VWMA (20d)$22.62

    Pivot Points

    R3$22.90
    R2$22.70
    R1$22.44
    Pivot Point$22.24
    S1$21.98
    S2$21.78
    S3$21.52

    Advanced Oscillators

    TSI-11.48
    Ultimate Osc53.0
    KST-25.53

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$183.66M$174.04M$202.41M$189.57M$177.87M$180.15M$213.68M$174.31M$186.22M$168.06M$225.96M$175.96M
    Cost of RevenueN/A$285.60M$287.76M$110.56M$112.34M$117.17M$123.04M$103.83M$99.49M$103.91M$98.36M$101.65M
    Gross ProfitN/A$-42,848,000$-24,739,000$142.70M$137.45M$132.06M$150.64M$116.39M$116.03M$104.88M$140.32M$116.50M
    Operating Expenses$211.39M$210.55M$211.85M$208.39M$208.64M$217.34M$197.59M$183.14M$178.16M$179.90M$167.47M$178.31M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating IncomeN/A$30.99M$49.85M$44.87M$41.15M$31.89M$61.69M$37.08M$37.36M$28.88M$63.01M$39.84M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$66.04M$67.50M$69.84M$72.70M$71.92M$69.07M$70.93M$57.10M$39.77M$52.19M$25.41M$53.38M
    Income Before Tax$-27,723,000$-36,509,000$-9,435,000$-18,825,000$-30,773,000$-37,189,000$16.09M$-8,835,000$8.06M$-11,841,000$58.49M$-2,355,000
    Income Tax Expense$495,000$-2,641,000$-473,000$-710,000$-188,000$-822,000$-879,000$545,000$258,000$-1,224,000$-655,000$1.67M
    Net Income$-26,852,000$-36,894,000$-18,367,000$-89,995,000$-41,544,000$-51,153,000$-219,620,000$-112,098,000$265.50M$-131,446,000$66.47M$-271,965,000
    EBITDA$63.97M$51.52M$81.42M$80.27M$67.42M$66.90M$103.42M$69.47M$83.35M$63.12M$131.63M$72.47M
    EBIT$-27,723,000$-36,509,000$-9,435,000$-18,825,000$-30,773,000$-37,189,000$16.09M$-8,835,000$8.06M$-11,841,000$58.49M$-2,355,000
    * Some calculated fields are derived from available data when not provided by source

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    News

    Form DEF 14A The Macerich Company For: 16 October By Investing.com

    This article reports that The Macerich Company has filed a Form DEF 14A for October 16th. The filing was published by Investing.com. It is a brief announcement about a regulatory filing...

    Investing.com UK•10/16/26•Neutral

    Macerich stock rises 3.30 percent to EUR 20.50 at Lang & Schwarz

    Macerich stock rose 3.30 percent to EUR 20.50 at Lang & Schwarz on October 15, 2026, driven by market movements despite a recent analyst target cut. Piper Sandler lowered its target to USD 26.00...

    ad-hoc-news.de•10/15/26•Somewhat-Bullish

    Macerich to release Q3 2026 earnings and hold conference call on Nov 4

    Macerich (MAC) is scheduled to release its third-quarter 2026 earnings after market close on November 4, 2026, followed by a conference call at 2:00 PM Pacific Time on the same day. The company...

    Pluang•10/15/26•Neutral

    Macerich Schedules Third Quarter 2026 Earnings Release and Conference Call

    Macerich (NYSE: MAC) has announced its third-quarter 2026 earnings release and conference call schedule. The earnings results will be released after market close on Wednesday, November 4, 2026...

    StreetInsider•10/14/26•Neutral

    Form DEF 14A The Macerich Company For: 14 October By Investing.com

    This article announces the filing of Form DEF 14A by The Macerich Company for October 14. It is a brief, news-style notification published on Investing.com...

    Investing.com Nigeria•10/14/26•Neutral

    MAC Valuation and Fair Value

    P/E
    45.3x
    Forward P/E
    1428.6x
    EV/EBITDA
    39.5x
    P/FCF
    33.9x
    PEG
    4.8x
    P/B
    2.2x
    See GNG's fair value

    MAC Profitability: Margins, ROIC and FCF

    Operating margin
    16.3%
    Net margin
    -16.5%
    ROIC
    -1.2%
    ROE
    -6.2%
    FCF margin
    24.9%
    FCF yield
    3.0%

    MAC Competitors

    CompanyTicker
    Compass IncCOMP
    AGNC Investment Corp.AGNCP
    STAG Industrial IncSTAG
    Vornado Realty TrustVNO
    Terreno Realty CorporationTRNO
    National Storage Affiliates TrustNSA
    Alexandria Real Estate Equities IncARE
    Healthcare Realty Trust IncorporatedHR

    Sector: Real Estate

    MAC Analyst Ratings

    Consensus
    Buy
    Analysts
    15
    Strong Buy
    3
    Buy
    9
    Hold
    2
    Sell
    1
    Strong Sell
    0

    MAC Bull Case vs Bear Case

    Bull case

    • MAC converts 24.9% of revenue into free cash flow.
    • 80.0% of MAC's analyst ratings are Buy or Strong Buy.

    Bear case

    • MAC trades at 45.3x trailing earnings.
    • MAC has a -16.5% net profit margin.
    • MAC beat EPS estimates in 37.5% of its last 8 reported quarters.

    MAC Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    -51.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $-0.01
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    MAC Dividend

    Forward yield
    2.9%
    Payout ratio
    60.7%
    3Y DPS growth
    3.1%
    5Y DPS growth
    11.2%
    Pay months
    Mar, Jun, Sep, Dec
    MAC dividend history

    Frequently Asked Questions About MAC

    What is MAC's current dividend yield?

    Macerich Company (MAC) has a forward dividend yield of 2.95%.

    Does MAC pay dividends?

    Yes, Macerich Company pays dividends with a forward dividend yield of 2.95%.

    What is MAC's P/E ratio?

    Macerich Company has a price-to-earnings (P/E) ratio of 45.26.

    What is MAC's market cap?

    Macerich Company (MAC) has a market capitalization of $6.54B with a current stock price of $23.09.

    Related stocks

    Sector: Real Estate

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