What is Zacks Research’s Forecast for Macerich Q1 Earnings?

Macerich Company (The) (NYSE:MAC) – Analysts at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for Macerich in a report issued on Tuesday, March 10th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings of $0.30 per share for the quarter, down from their previous estimate of $0.32. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.45 EPS, FY2026 earnings at $1.42 EPS, Q1 2027 earnings at $0.35 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.39 EPS, Q4 2027 earnings at $0.45 EPS, FY2027 earnings at $1.56 EPS and FY2028 earnings at $1.62 EPS.

Macerich (NYSE:MAC) last announced its quarterly earnings data on Wednesday, February 18th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.50). Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.The business had revenue of $261.70 million for the quarter, compared to analyst estimates of $260.48 million. During the same quarter in the previous year, the business posted $0.47 earnings per share. The company’s revenue was down 4.4% compared to the same quarter last year.

A number of other brokerages also recently commented on MAC. Jefferies Financial Group reaffirmed a “buy” rating and set a $21.00 price objective on shares of Macerich in a research report on Monday, December 15th. Citigroup increased their target price on shares of Macerich from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Scotiabank lifted their target price on shares of Macerich from $18.00 to $19.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Mizuho set a $21.00 price target on shares of Macerich in a report on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their price target on shares of Macerich from $18.00 to $19.00 and gave the stock an “underweight” rating in a research note on Tuesday. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Macerich has an average rating of “Hold” and an average target price of $20.46.

Macerich Price Performance

Shares of MAC opened at $19.36 on Thursday. The business’s 50-day moving average is $19.01 and its 200-day moving average is $18.18. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of -25.14, a P/E/G ratio of 1.33 and a beta of 2.17. Macerich has a fifty-two week low of $12.48 and a fifty-two week high of $20.93.

Macerich Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 16th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, March 16th. Macerich’s dividend payout ratio (DPR) is presently -88.31%.

Institutional Trading of Macerich

A number of institutional investors have recently added to or reduced their stakes in MAC. Nordea Investment Management AB bought a new position in shares of Macerich during the 3rd quarter valued at $5,326,000. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Macerich by 35.0% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 724,233 shares of the real estate investment trust’s stock worth $13,181,000 after purchasing an additional 187,900 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in Macerich by 39.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 388,219 shares of the real estate investment trust’s stock worth $7,066,000 after buying an additional 109,413 shares during the last quarter. Centersquare Investment Management LLC increased its position in Macerich by 8.9% during the third quarter. Centersquare Investment Management LLC now owns 2,546,325 shares of the real estate investment trust’s stock worth $46,343,000 after buying an additional 207,395 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in Macerich by 1,110.2% during the third quarter. SG Americas Securities LLC now owns 185,832 shares of the real estate investment trust’s stock valued at $3,382,000 after buying an additional 170,477 shares in the last quarter. 87.38% of the stock is currently owned by institutional investors and hedge funds.

Macerich Company Profile

The Macerich Company (NYSE: MAC) is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States. Headquartered in Santa Monica, California, the company focuses on high-quality retail properties, including enclosed malls, open-air centers and mixed-use lifestyle destinations. Since its establishment as a REIT in 1994, Macerich has pursued a disciplined strategy of investing in properties that serve strong consumer demographics and offer long-term growth potential.

Macerich’s core activities encompass property and asset management, leasing, marketing and redevelopment services.