MacerichMAC
MAC
About: Macerich invests in premium mall assets. The company owns 30 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with two power centers and seven other real estate assets. The company's total portfolio has 42.9 million square feet of gross leasable area and averaged $837 sales per square foot over the 12 months ended in December 2024.
Employees: 615
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
130% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 60
58% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 33
30% more capital invested
Capital invested by funds: $3.83B [Q3] → $4.99B (+$1.16B) [Q4]
19% more call options, than puts
Call options by funds: $21.3M | Put options by funds: $17.9M
6% more funds holding
Funds holding: 271 [Q3] → 286 (+15) [Q4]
4.72% more ownership
Funds ownership: 97.23% [Q3] → 101.95% (+4.72%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14.40
2%
downside
Avg. target
$17.07
16%
upside
High target
$19
30%
upside
6 analyst ratings
1 positive
17%
2 neutral
33%
3 negative
50%
Scotiabank Nicholas Yulico 37% 1-year accuracy 16 / 43 met price target | 9%upside $16 | Sector Perform Maintained | 23 Apr 2025 |
Truist Securities Ki Bin Kim 39% 1-year accuracy 11 / 28 met price target | 30%upside $19 | Buy Upgraded | 10 Apr 2025 |
Morgan Stanley Ronald Kamdem 60% 1-year accuracy 9 / 15 met price target | 30%upside $19 | Equal-Weight Maintained | 1 Apr 2025 |
Goldman Sachs Caitlin Burrows 44% 1-year accuracy 11 / 25 met price target | 2%downside $14.40 | Sell Maintained | 10 Mar 2025 |
JP Morgan Michael Mueller 47% 1-year accuracy 7 / 15 met price target | 23%upside $18 | Underweight Maintained | 10 Mar 2025 |
Financial journalist opinion
Based on 4 articles about MAC published over the past 30 days
Positive
Seeking Alpha
5 hours ago
Macerich's Comeback: Why This Mall REIT Could Be A Hidden Gem For 2025
Macerich's recovery is evident with rising occupancy rates, strong leasing activity, and improved foot traffic, making it an attractive investment despite past challenges. The company's strategic moves, including full ownership of key malls and a focus on affluent markets, bolster its long-term cash flow prospects. Debt remains a concern, but the "Path Forward" plan aims to reduce it significantly, with positive investor response and stock performance.
Neutral
GlobeNewsWire
2 days ago
Macerich Declares the Quarterly Dividend on Its Common Shares
SANTA MONICA, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on June 17, 2025, to stockholders of record at the close of business on June 3, 2025.
Neutral
GlobeNewsWire
1 week ago
Macerich Schedules First Quarter 2025 Earnings Release and Conference Call
SANTA MONICA, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules First Quarter 2025 Earnings Release and Conference Call
Positive
Zacks Investment Research
4 weeks ago
Here's Why it is Wise to Retain Macerich Stock in Your Portfolio Now
MAC's portfolio of premium shopping centers, focus on omnichannel retailing and development of mixed-use assets are upsides amid growing e-commerce adoption.
Positive
Zacks Investment Research
1 month ago
Macerich Ties Up With PenFed for Tysons Corner Center Plaza
In a major boost to Macerich's Tysons Corner brand enhancement, the company agrees upon a multi-year sponsorship arrangement with PenFed.
Neutral
GlobeNewsWire
1 month ago
Macerich and PenFed Credit Union Secure Exclusive Sponsorship Agreement for Tysons Corner Center Plaza
Agreement Underscores PenFed Credit Union's Long-Standing Commitment to the Local Community and its Members Agreement Underscores PenFed Credit Union's Long-Standing Commitment to the Local Community and its Members
Negative
Seeking Alpha
1 month ago
Sell Alert: 2 REITs In Deep Trouble To Avoid
We are facing a challenging environment. Some REITs may not survive it. I discuss two REITs that could be facing significant trouble.
Neutral
Zacks Investment Research
1 month ago
Macerich Announces Pindustry to Anchor HiFi at FlatIron Crossing
MAC announces that Pindustry will anchor its mixed-use outdoor development project, HiFi, adjacent to FlatIron Crossing in Colorado.
Neutral
GlobeNewsWire
1 month ago
Macerich Advances HiFi, Outdoor Mixed-Use Development at FlatIron Crossing in Colorado, Names Entertainment Anchor
Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan
Negative
Zacks Investment Research
2 months ago
Macerich Stock Falls Despite Meeting Q4 FFO Estimates, Revenues Beat
MAC's Q4 results reflect better occupancy and base rent re-leasing spreads, though lower same-center NOI and higher expenses affected the performance.
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