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MAC

The Macerich Company

MAC

NYSE·Real Estate·REIT - Retail·Mkt cap $7.2B

$25.46

▲ +0.16%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$15.89 - $25.97

P/E

-35.86

Fwd P/E

-123.33

Beta

2.09

Div Yield

2.68%

Avg Vol

3.4M

Shares Out

260.2M

Mkt Cap

$7.2B

Price action

Price chart

Up 52.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Premium portfolio of 47 regional malls in high-density, affluent markets with strong demographic fundamentals
  • Self-managed and self-administered structure reducing operational costs and enabling rapid decision-making
  • Industry-leading sustainability credentials with five consecutive #1 GRESB rankings in North American Retail Sector
  • Strategic geographic diversification across West Coast, Arizona, Chicago, and Northeast corridor markets
▼

Bear Case

1 risk

  • High volatility (beta 2.1). Larger-than-normal price swings expected.

Growth

Stable outlook

Redevelopment and repositioning of existing properties to enhance tenant mix and customer experience

Value

Deep value opportunity - significant discount to Retail REITs peers

Momentum

Hot

+30.2% over 3m

Quality

Stable

Solid business

Dividend

Solid

2.68% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 10, 2026

“
Q2 26 RECAP

MAY 6, 2026

Reported EPS of -$0.14 vs -$0.06 consensus (-147.0% surprise). Revenue of $241.5M vs $233.1M expected (+3.6%).

EPS miss
Rev beat +3.6%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-147.0%

Next: Aug 10, 2026

Revenue trend · last 8Q

—

—

+15%

+19%

+16%

+15%

-4%

-3%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$215.5M

$220.2M

$273.7M

$249.2M

$249.8M

$253.3M

$263.0M

$242.7M

Margins · last 8Q

Gross

—

Operating

—

Profit

-15.0%

View full earnings history →

Wall Street consensus

10 analysts · 60% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

60%

Hold

2

20%

Sell

2

20%

Median Price Target

$23.00

▼ -9.7% vs $25.46

Low $19.00
Median $23.00
High $27.00

Latest: Compass Point · Jun 26, 2026

6 analysts covering

View full analyst page →

vs Industry

How MAC stacks vs REIT - Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.