M

    Macerich Company (MAC)

    Official site

    REAL ESTATE • REIT - RETAIL • NYSE

    $23.62
    -0.13 (-0.55%)

    Market Cap: $7.01B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    40%(16/40)
    Avg Surprise
    -48.25%
    Streak
    1 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$-0.03
    Range$-0.04 - $-0.02
    2 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate Drift
    90d ago$-0.03+0.0%
    60d ago$-0.03+0.0%
    30d ago$-0.04-22.3%
    7d ago$-0.04-22.3%
    Current$-0.03
    Revenue Consensus
    $244M
    Range$244M - $244M
    1 analysts
    Dec 31, 2026
    EPS Consensus$0.01
    Range$-0.02 - $0.05
    3 analysts
    Revenue Consensus
    $258M
    Range$254M - $261M
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.01---
    Sep 26EST
    		-$-0.03---
    Jun 26
    		$0.35$0.33+6.06%Beat+391.7%
    Mar 26
    		$-0.16$-0.10-60.00%Miss-14.3%
    Dec 25
    		$0.48$0.43+11.63%Beat+1428.7%
    Sep 25
    		$-0.16$-0.10-60.00%Miss+61.9%
    Jun 25
    		$-0.12$-0.09-33.33%Miss+64.7%
    Mar 25
    		$-0.14$-0.11-27.27%Miss+65.0%
    Dec 24
    		$0.03$0.03+4.67%Beat-88.4%
    Sep 24
    		$-0.42$-0.12-250.00%Miss+20.8%
    Jun 24
    		$-0.34$-0.09-277.78%Miss-183.3%
    Mar 24
    		$-0.40$-0.11-263.64%Miss-37.9%
    Dec 23
    		$0.27$0.01+2600.00%Beat+2600.0%
    Sep 23
    		$-0.53$-0.08-562.50%Miss-562.5%
    Jun 23
    		$-0.12$-0.08-50.00%Miss-71.4%
    Mar 23
    		$-0.29$-0.04-625.00%Miss-45.0%
    Dec 22
    		$0.01N/A-66.67%Miss+112.5%
    Sep 22
    		$-0.08$-0.04-100.00%Miss+84.9%
    Jun 22
    		$-0.07$-0.06-16.67%Miss-75.0%
    Mar 22
    		$-0.20$0.01-2100.00%Miss+25.9%
    Dec 21
    		$-0.08$-0.04-100.00%Miss+55.6%
    Sep 21
    		$-0.53$-0.04-1225.00%Miss-253.3%
    Jun 21
    		$-0.04N/A+69.23%Beat+77.8%
    Mar 21
    		$-0.27$-0.16-68.75%Miss-640.0%
    Dec 20
    		$-0.18$-0.16-12.50%Miss-220.0%
    Sep 20
    		$-0.15$-0.17+11.76%Beat-148.4%
    Jun 20
    		$-0.18$-0.32+43.75%Beat-205.9%
    Mar 20
    		$0.05$0.04+25.00%Beat-50.0%
    Dec 19
    		$0.15$0.19-21.05%Miss-46.4%
    Sep 19
    		$0.31$0.10+210.00%Beat+72.2%
    Jun 19
    		$0.17$0.09+88.89%Beat-29.2%
    Mar 19
    		$0.10$0.01+900.00%Beat+900.0%
    Dec 18
    		$0.28$0.28+0.00%Beat+0.0%
    Sep 18
    		$0.18$0.20-10.00%Miss+0.0%
    Jun 18
    		$0.24$0.16+50.00%Beat+26.3%
    Mar 18
    		$0.01$0.01+0.00%Beat-90.9%
    Dec 17
    		$0.28$0.31-9.68%Miss-15.2%
    Sep 17
    		$0.18$0.19-5.26%Miss+0.0%
    Jun 17
    		$0.19$0.14+35.71%Beat-
    Mar 17
    		$0.11$0.12-8.33%Miss-
    Dec 16
    		$0.33$0.33+0.00%Beat-
    Sep 16
    		$0.18$0.27-33.33%Miss-

    Dividends

    Dividend Metrics

    Yield2.88%
    Annual/Share$0.68
    Payout Ratio60.66%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+3.13%
    5Y CAGR+11.20%
    View MAC's full dividend history

    Key Metrics

    Valuation
    P/E Ratio46.31EV/EBITDA25.06x
    Price/FCF34.66xFCF Yield2.89%
    Profitability
    Profit Margin-16.50%Operating Margin16.30%
    ROE-6.18%ROIC0.04%
    Financial Health
    Debt/Equity1.71xInterest Coverage0.02x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta2.07Avg Volume3.81M
    52-Week High$26.6852-Week Low$15.63

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$24.25
    SMA 20$24.45
    SMA 50$25.02
    SMA 200$20.99
    EMA 10$24.15
    EMA 20$24.45
    EMA 50$24.44
    EMA 200$21.77

    MACD

    Line: -0.31Signal: -0.21Hist: -0.10

    ADX

    ADX: 25.3+DI: 10.9-DI: 29.8

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down100.0
    PSAR$25.05

    Bollinger Bands

    Upper Band$25.50
    Lower Band$23.40
    %B Position859%(Upper)
    Band Width0.11

    RSI (14-Day)

    Neutral
    35.8

    Momentum Oscillators

    Stoch %K8.8
    Stoch %D19.5
    Williams %R-81.3
    ROC (10d)-4.2%
    Momentum-1.04
    CCI (20d)-180.2
    MFI (14d)26.9

    Volatility Measures

    ATR (14d)$0.55(2.3%)
    StdDev (20d)0.52
    Hist Vol32.4%(Moderate)

    Volume Flow

    VWAP$23.57
    OBV69.4M
    AD Line-596.4M
    CMF (20d)-0.031

    Volume Metrics

    Avg Vol (20d)3.9M
    Vol Ratio1.2x
    VWMA (20d)$24.30

    Pivot Points

    R3$24.72
    R2$24.52
    R1$24.13
    Pivot Point$23.93
    S1$23.54
    S2$23.34
    S3$22.95

    Advanced Oscillators

    TSI-15.27
    Ultimate Osc29.7
    KST-41.75

    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

    Related GNG Research

    No research available

    Be the first to write about MAC

    News

    MAC: Path Forward Plan And Financing Moves Will Guide Balanced Repricing Potential

    Macerich's fair value has increased to $26.63, driven by ongoing leasing progress, execution of its "Path Forward Plan," and recent financing activities including a senior notes offering and equity raise. Analysts present a mixed but generally constructive view, highlighting growth potential from acquisitions and balance sheet deleveraging, while also noting concerns about valuation reflecting progress and potential short-term dilution from the equity raise.

    Simply Wall Street•8/19/26•
    Somewhat-Bullish

    BofA Securities Maintains Macerich Co(MAC.US) With Buy Rating

    BofA Securities has maintained its Buy rating on Macerich Co (MAC.US). The report indicates a positive outlook for the company's stock from the analyst firm.

    富途牛牛•8/18/26•
    Bullish

    Macerich Company (The) (NYSE:MAC) Given Average Rating of "Moderate Buy" by Analysts

    Macerich Company (NYSE: MAC) has received an average "Moderate Buy" rating from sixteen analysts, with an average 12-month price target of $25.73. The company recently reported quarterly revenue of $249.71 million, surpassing estimates, but posted a wider-than-expected adjusted loss of $0.10 per share. Macerich also declared a quarterly dividend of $0.17 per share, representing a 2.8% yield, and institutional investors hold 87.38% of its shares.

    MarketBeat•8/14/26•
    Somewhat-Bullish

    United States - Macerich Closes Upsized $775 Million Exchangeable Notes Offering With Capped Call

    Macerich's operating partnership, The Macerich Partnership, L.P., successfully closed an upsized $775 million offering of 2.25% Exchangeable Senior Notes due 2031. The offering, advised by Goodwin’s REITs team, included a full exercise of the initial purchasers' option for additional notes, and the initial exchange price features a premium of approximately 25% from the reference price. Capped call transactions were also entered into to mitigate equity dilution, effectively raising the initial exchange price to $34.06 per share, a 45% premium.

    Mondaq•8/13/26•
    Somewhat-Bullish

    Macerich Company (The) (MAC) Stock Forecasts

    Argus has lowered its target price for The Macerich Company (MAC) to $26.00, with the company's current price at $24.65. Macerich is a real estate company that invests in premium mall assets, owning 29 regional malls in its consolidated portfolio and 10 in its unconsolidated portfolio, along with other real estate holdings. The full report is available exclusively to Yahoo Finance Silver subscribers.

    Yahoo! Finance Canada•8/13/26•
    Somewhat-Bearish

    Frequently Asked Questions About MAC

    What is MAC's current dividend yield?
    Macerich Company (MAC) has a current dividend yield of 2.88%.
    Does MAC pay dividends?
    Yes, Macerich Company pays dividends with a current yield of 2.88%.
    What is MAC's P/E ratio?
    Macerich Company has a price-to-earnings (P/E) ratio of 46.31.
    What is MAC's market cap?
    Macerich Company (MAC) has a market capitalization of $7.01B with a current stock price of $23.62.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In