Macerich (MAC) Projected to Post Quarterly Earnings on Wednesday

Macerich (NYSE:MAC) is expected to be issuing its Q1 2026 results before the market opens on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.1047) per share and revenue of $233.0610 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 5:00 PM ET.

Macerich (NYSE:MAC) last announced its earnings results on Wednesday, February 18th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.50). The company had revenue of $261.70 million during the quarter, compared to analysts’ expectations of $260.48 million. Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.The firm’s revenue was down 4.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 earnings per share. On average, analysts expect Macerich to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Macerich Stock Performance

Macerich stock opened at $21.51 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $5.60 billion, a PE ratio of -27.93, a P/E/G ratio of 1.49 and a beta of 2.12. The firm has a fifty day simple moving average of $20.10 and a two-hundred day simple moving average of $18.78. Macerich has a twelve month low of $14.62 and a twelve month high of $22.56.

Macerich Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 16th were paid a $0.17 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.68 annualized dividend and a yield of 3.2%. Macerich’s payout ratio is currently -88.31%.

Analyst Ratings Changes

MAC has been the subject of several recent research reports. The Goldman Sachs Group boosted their price target on shares of Macerich from $15.00 to $17.00 and gave the stock a “sell” rating in a research note on Monday, March 2nd. KeyCorp set a $25.00 price target on shares of Macerich and gave the stock an “overweight” rating in a research note on Monday, February 23rd. JPMorgan Chase & Co. boosted 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, March 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Macerich in a research note on Thursday, January 22nd. Finally, Mizuho set a $21.00 price target on shares of Macerich in a research note on Friday, January 9th. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $20.77.

Hedge Funds Weigh In On Macerich

Several hedge funds and other institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC bought a new position in shares of Macerich during the fourth quarter valued at about $215,000. Invesco Ltd. raised its stake in shares of Macerich by 1.7% during the fourth quarter. Invesco Ltd. now owns 613,957 shares of the real estate investment trust’s stock valued at $11,334,000 after acquiring an additional 10,287 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of Macerich during the fourth quarter valued at about $192,000. Empowered Funds LLC bought a new position in shares of Macerich during the fourth quarter valued at about $414,000. Finally, Wellington Management Group LLP raised its stake in shares of Macerich by 139.8% during the fourth quarter. Wellington Management Group LLP now owns 3,675,803 shares of the real estate investment trust’s stock valued at $67,855,000 after acquiring an additional 2,142,737 shares during the last quarter. 87.38% of the stock is owned by institutional investors.

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.