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

The Macerich Company (NYSE:MAC) – Analysts at Zacks Research cut their Q1 2025 earnings per share estimates for shares of Macerich in a note issued to investors on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $0.31 per share for the quarter, down from their previous estimate of $0.33. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. Zacks Research also issued estimates for Macerich’s Q2 2025 earnings at $0.35 EPS, Q3 2025 earnings at $0.35 EPS, FY2025 earnings at $1.45 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.46 EPS and FY2027 earnings at $1.64 EPS.

MAC has been the subject of several other research reports. Piper Sandler lowered their price target on Macerich from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Friday, February 28th. Jefferies Financial Group upgraded shares of Macerich from a “hold” rating to a “buy” rating and boosted their target price for the company from $19.00 to $23.00 in a report on Thursday, January 2nd. Scotiabank cut their price target on shares of Macerich from $22.00 to $21.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 6th. JPMorgan Chase & Co. lowered their price objective on shares of Macerich from $22.00 to $18.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Macerich in a research report on Tuesday, December 17th. They issued a “hold” rating and a $22.00 target price on the stock. Four analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Macerich currently has an average rating of “Hold” and an average target price of $19.20.

Macerich Price Performance

Shares of NYSE:MAC opened at $17.79 on Monday. The business has a fifty day simple moving average of $19.22 and a 200-day simple moving average of $19.15. Macerich has a 52 week low of $12.99 and a 52 week high of $22.27. The company has a market cap of $4.49 billion, a P/E ratio of 45.62, a P/E/G ratio of 0.71 and a beta of 2.62. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.68.

Institutional Investors Weigh In On Macerich

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in shares of Macerich during the fourth quarter valued at about $30,000. Lazard Asset Management LLC purchased a new position in Macerich in the fourth quarter valued at about $45,000. Blue Trust Inc. grew its stake in Macerich by 68.8% during the 4th quarter. Blue Trust Inc. now owns 2,610 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 1,064 shares in the last quarter. State of Wyoming purchased a new stake in Macerich during the 4th quarter worth approximately $55,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Macerich by 314.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,467 shares of the real estate investment trust’s stock valued at $69,000 after purchasing an additional 2,630 shares in the last quarter. Hedge funds and other institutional investors own 87.38% of the company’s stock.

Insider Transactions at Macerich

In other news, Director Andrea M. Stephen sold 63,289 shares of the company’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $20.59, for a total value of $1,303,120.51. Following the completion of the transaction, the director now directly owns 83,479 shares in the company, valued at approximately $1,718,832.61. This represents a 43.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.53% of the company’s stock.

Macerich Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.82%. The ex-dividend date was Tuesday, March 4th. Macerich’s payout ratio is -86.08%.

Macerich Company Profile

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, DC corridor.