Macerich
About: Macerich invests in premium mall assets. The company owns 29 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 42.1 million square feet of gross leasable area and averaged $837 sales per square foot over the 12 months ended in March 2025.
Employees: 615
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]
46% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 85
9% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 33
2.57% less ownership
Funds ownership: 102.05% [Q4 2024] → 99.48% (-2.57%) [Q1 2025]
3% less funds holding
Funds holding: 288 [Q4 2024] → 280 (-8) [Q1 2025]
14% less capital invested
Capital invested by funds: $4.99B [Q4 2024] → $4.31B (-$681M) [Q1 2025]
32% less call options, than puts
Call options by funds: $5.97M | Put options by funds: $8.82M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
2%
upside
Avg. target
$18
14%
upside
High target
$21
33%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
Mizuho Haendel St. Juste | 14%upside $18 | Outperform Upgraded | 10 Jun 2025 |
Truist Securities Ki Bin Kim | 33%upside $21 | Buy Maintained | 9 Jun 2025 |
Piper Sandler Alexander Goldfarb | 2%upside $16 | Neutral Upgraded | 23 May 2025 |
Scotiabank Nicholas Yulico | 2%upside $16 | Sector Perform Maintained | 23 Apr 2025 |
Morgan Stanley Ronald Kamdem | 21%upside $19 | Equal-Weight Maintained | 1 Apr 2025 |
Financial journalist opinion
Based on 4 articles about MAC published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Is it Wise to Retain Macerich Stock in Your Portfolio Now?
MAC's portfolio of premium shopping centers, focus on omnichannel retailing and the development of mixed-use assets are strengths despite growing e-commerce adoption.
Negative
Seeking Alpha
3 weeks ago
Avoid These Dividend Disasters Before It's Too Late
Dividend stocks are facing many big risks. The high interest rates, trade war, and AI revolution could lead to many dividend cuts. I discuss what this all means for dividend investors.
Positive
Seeking Alpha
4 weeks ago
Tariffs Up, Inflation Down
US equity markets surged this week - extending a dramatic post "Liberation Day" rebound - after the White House announced a trade truce with China, while investors cheered surprisingly cool inflation data. Quelling one of the primary recession risks, the U.S. and China reached a surprising breakthrough in agreeing to slash tariffs to pre-retaliation levels during a 90-day negotiating period. More good news on the inflation front. Despite the broad-based tariff hikes in April, the critical CPI and the PPI both showed the lowest annual increase in inflation since 2021.
Positive
Seeking Alpha
4 weeks ago
A Historic Opportunity For REIT Investors To Win Big
REITs should do fine overall in the coming years. But some specific REITs should crush the rest of the market. Peak pessimism leads to massive opportunities. I explain how you can win big when investing in individual REITs.
Positive
Zacks Investment Research
1 month ago
Macerich's Q1 FFO & Revenues Beat Estimates, Occupancy Dips Y/Y
MAC's Q1 results reflect healthy leasing, driving same-center NOI and higher base rent re-leasing spreads. Yet, occupancy declines and costs rise year over year.
Neutral
Seeking Alpha
1 month ago
The Macerich Company (MAC) Q1 2025 Earnings Call Transcript
The Macerich Company (NYSE:MAC ) Q1 2025 - Earnings Conference Call May 12, 2025 1:00 PM ET Company Participants Samantha Greening - Director, IR Jack Hsieh - President & CEO Dan Swanstrom - SEVP & CFO Doug Healey - SEVP, Leasing Brad Miller - SVP, Portfolio Management Conference Call Participants Ki Bin Kim - Truist Craig Mailman - Citi Linda Tsai - Jefferies Ronald Kamdem - Morgan Stanley Samir Khanal - Bank of America Floris Van Dijkum - Compass Point Greg McGinnis - Scotiabank Vince Tibone - Green Street Omotayo Okusanya - Deutsche Bank Alexander Goldfarb - Piper Sandler Haendel St. Juste - Mizuho Caitlin Burrows - Goldman Sachs Michael Mueller - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2025 Macerich Earnings Conference Call. At this time, all participants are in a listen only mode.
Positive
Zacks Investment Research
1 month ago
Macerich (MAC) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Macerich (MAC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Macerich (MAC) Q1 FFO and Revenues Top Estimates
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.31 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Macerich Reports First Quarter 2025 Results
SANTA MONICA, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its First Quarter 2025 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com.
Neutral
Zacks Investment Research
1 month ago
Countdown to Macerich (MAC) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Macerich (MAC) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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