Macerich (MAC) Stock Price

Macerich Price

NYSE·CLOSED
24.40USD+0.91 (+3.80 %)
Market closed

Over the last 19 years Macerich grew revenue by 1.1% annually, reaching 1.02 B USD. Earnings per share have declined at 22.4% per year over the last 15 years. For Macerich, the net margin of -19.4% is down versus 1.7% a few years ago. At today's price the dividend yield works out to roughly 2.79%. The consensus 12-month price target for Macerich is 20.40 USD, about 16.4% below where the stock trades today. Of 20 analysts, 9 rate the stock a buy — an overall Hold consensus. The stock trades about 51% above its 52-week low.

Macerich stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Macerich over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Macerich stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Macerich's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Macerich Stock Price History
DateMacerich Price
8/7/202624.40 USD
8/6/202623.49 USD
8/5/202625.66 USD
8/4/202625.65 USD
8/3/202625.87 USD
7/31/202625.84 USD
7/30/202625.47 USD
7/29/202626.30 USD
7/27/202626.26 USD
7/23/202625.30 USD
7/22/202625.36 USD
7/21/202625.65 USD
7/20/202625.59 USD
7/17/202625.92 USD
7/16/202625.83 USD
7/15/202625.17 USD
7/14/202624.89 USD
7/13/202624.67 USD
7/10/202624.69 USD
7/9/202624.93 USD
7/8/202625.20 USD
7/7/202625.49 USD
7/6/202625.49 USD
7/2/202625.46 USD
7/1/202625.42 USD
6/30/202625.19 USD
6/29/202625.47 USD
6/26/202625.83 USD
6/25/202625.48 USD
6/24/202625.41 USD
6/23/202624.39 USD
6/22/202623.92 USD
6/18/202623.54 USD
6/17/202623.42 USD
6/16/202623.65 USD
6/15/202625.38 USD
6/12/202625.48 USD
6/11/202624.71 USD
6/10/202624.58 USD
6/9/202624.39 USD
6/8/202623.39 USD
6/5/202623.54 USD
6/4/202622.94 USD
6/3/202622.31 USD
6/2/202622.59 USD
6/1/202622.52 USD
5/29/202622.75 USD
5/28/202622.72 USD
5/27/202622.61 USD
5/26/202622.65 USD
5/22/202622.35 USD
5/21/202622.02 USD
5/20/202622.40 USD
5/19/202621.93 USD
5/18/202621.87 USD
5/15/202621.60 USD
5/14/202622.34 USD
5/13/202621.97 USD
5/12/202622.24 USD
5/11/202621.64 USD
5/8/202621.87 USD
5/7/202621.37 USD
5/6/202622.23 USD
5/5/202621.50 USD
5/4/202621.50 USD
5/1/202621.50 USD
4/30/202621.73 USD
4/29/202621.82 USD
4/28/202621.74 USD
4/27/202621.60 USD
4/24/202621.20 USD
4/22/202621.21 USD
4/21/202621.61 USD
4/20/202621.96 USD
4/17/202622.30 USD
4/16/202621.93 USD
4/15/202621.52 USD
4/14/202621.46 USD
4/13/202621.40 USD
4/10/202621.42 USD
4/9/202621.09 USD
4/8/202620.68 USD
4/7/202619.85 USD
4/6/202619.58 USD
4/2/202619.53 USD
4/1/202619.38 USD
3/31/202618.90 USD
3/30/202618.49 USD
3/27/202618.33 USD
3/26/202618.33 USD
3/25/202619.09 USD
3/24/202618.81 USD
3/23/202618.55 USD
3/22/202618.48 USD
3/20/202618.12 USD
3/19/202618.12 USD
3/18/202618.79 USD
3/17/202618.73 USD
3/16/202619.04 USD
3/15/202618.93 USD
3/13/202618.72 USD
3/12/202618.72 USD
3/11/202618.66 USD
3/10/202619.36 USD
3/9/202619.43 USD
3/8/202619.22 USD
3/6/202618.80 USD
3/5/202619.81 USD
3/4/202620.30 USD
3/3/202619.90 USD
3/2/202619.99 USD
2/27/202620.47 USD
2/26/202620.74 USD
2/25/202620.60 USD
2/24/202620.17 USD
2/23/202620.22 USD
2/20/202620.30 USD
2/19/202619.77 USD
2/18/202619.15 USD
2/17/202618.79 USD
2/13/202618.52 USD
2/12/202617.81 USD
2/11/202618.84 USD
2/10/202619.38 USD
2/9/202619.05 USD
2/6/202619.62 USD
2/5/202619.37 USD
2/4/202619.32 USD
2/3/202618.80 USD
2/2/202618.72 USD
1/30/202618.93 USD
1/29/202618.68 USD
1/28/202617.90 USD
1/27/202617.72 USD
1/26/202618.05 USD
1/23/202618.35 USD
1/22/202618.40 USD
1/21/202618.60 USD
1/20/202618.43 USD
1/16/202618.74 USD
1/15/202618.32 USD
1/14/202618.30 USD
1/13/202618.16 USD
1/12/202618.12 USD
1/9/202618.32 USD
1/8/202618.43 USD
1/7/202618.37 USD
1/6/202618.89 USD
1/5/202618.70 USD
1/2/202618.52 USD
12/31/202518.46 USD
12/30/202518.58 USD
12/29/202518.69 USD
12/26/202518.95 USD
12/24/202519.05 USD
12/23/202518.82 USD
12/22/202518.67 USD
12/19/202518.63 USD
12/18/202518.48 USD
12/17/202518.36 USD
12/16/202518.30 USD
12/15/202518.59 USD
12/12/202518.67 USD
12/11/202518.54 USD
12/10/202518.07 USD
12/9/202517.68 USD
12/8/202517.40 USD
12/5/202517.75 USD
12/4/202517.36 USD
12/3/202517.44 USD
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12/1/202517.36 USD
11/28/202517.36 USD
11/26/202517.24 USD
11/25/202517.01 USD
11/24/202516.52 USD
11/21/202516.59 USD
11/20/202516.20 USD
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11/14/202517.21 USD
11/13/202517.29 USD
11/12/202517.54 USD
11/11/202517.94 USD
11/10/202517.88 USD
11/7/202518.02 USD
11/6/202517.40 USD
11/5/202517.67 USD
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11/3/202517.34 USD
10/31/202517.15 USD
10/30/202516.92 USD
10/29/202516.92 USD
10/28/202517.75 USD
10/27/202518.00 USD
10/24/202518.10 USD
10/23/202517.90 USD
10/22/202517.83 USD
10/21/202517.46 USD
10/20/202517.16 USD
10/17/202517.26 USD
10/16/202517.02 USD
10/15/202517.34 USD
10/14/202517.12 USD
10/13/202516.74 USD
10/10/202516.67 USD
10/9/202517.06 USD
10/8/202517.19 USD
10/7/202517.39 USD
10/6/202517.80 USD
10/3/202518.04 USD
10/2/202517.92 USD
10/1/202518.00 USD
9/30/202518.20 USD
9/29/202517.62 USD
9/28/202517.62 USD
9/25/202517.90 USD
9/24/202516.76 USD
9/23/202517.12 USD
9/22/202517.18 USD
9/19/202517.46 USD
9/18/202517.75 USD
9/17/202517.65 USD
9/16/202518.00 USD
9/15/202518.10 USD
9/12/202518.15 USD
9/11/202518.23 USD
9/10/202517.92 USD
9/9/202518.07 USD
9/8/202518.51 USD
9/5/202518.67 USD
9/4/202518.50 USD
9/3/202518.47 USD
9/2/202518.12 USD
8/29/202518.34 USD
8/28/202518.49 USD
8/27/202518.40 USD
8/26/202518.24 USD
8/25/202518.04 USD
8/22/202518.14 USD
8/21/202517.32 USD
8/20/202517.20 USD
8/19/202517.38 USD
8/18/202517.13 USD
8/15/202517.22 USD
8/14/202517.39 USD
8/13/202517.87 USD
8/12/202517.43 USD
8/11/202516.66 USD
Access this data via the Eulerpool API

Macerich Revenue, FFO, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
FFO
Net Income
Details
Date
Revenue
FFO
Net Income
Jan 1, 2023
884.07 M USD
18.30 M USD
-274.07 M USD
Jan 1, 2024
918.20 M USD
108.21 M USD
-194.12 M USD
Jan 1, 2025
1.02 B USD
159.93 M USD
-197.15 M USD
Jan 1, 2026 (e)
985.67 M USD
0.00 USD
-27.64 M USD
Jan 1, 2027 (e)
1.05 B USD
0.00 USD
27.28 M USD
Jan 1, 2028 (e)
1.07 B USD
0.00 USD
68.10 M USD
Jan 1, 2029 (e)
1.22 B USD
0.00 USD
100.94 M USD
Jan 1, 2030 (e)
1.25 B USD
0.00 USD
93.17 M USD

Macerich Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 11, 2026, 2:53 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
1.291.040.990.960.930.790.850.860.880.921.020.991.051.071.221.25
16.56-19.18-4.61-3.32-3.44-15.217.761.422.913.8510.57-2.966.602.1913.612.38
63.2861.0060.2260.3160.3055.7355.0254.4855.3253.0538.1338.1338.1338.1338.1338.13
815.00635.00598.00579.00559.00438.00466.00468.00489.00487.00387.00375.56400.34409.11464.78475.84
321.00422.00234.00248.00206.0088.00215.00150.00177.00165.00167.0073.0078.0080.0091.0093.00
24.9240.5423.5625.8322.2211.2025.3817.4620.0217.9716.457.417.437.467.477.45
0.490.520.150.060.10-0.230.01-0.07-0.27-0.19-0.20-0.030.030.070.100.09
-67.586.17-71.90-58.6260.00-339.58-106.09-571.43315.15-29.201.55-86.29-200.00151.8547.06-7.00
3.312.752.872.973.001.150.600.610.680.680.680.680.680.68
4.75-16.924.363.481.01-61.67-47.831.6711.48
154.41143.99140.99141.22141.41149.77223.16215.18215.81236.62256.62256.62256.62256.62256.62256.62
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Macerich generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Macerich retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Macerich's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Macerich has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Macerich's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Macerich stock margins

The Macerich margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Macerich. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Macerich.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
55.05 %
25.46 %
1.68 %
Jan 1, 2022
54.57 %
17.46 %
-7.69 %
Jan 1, 2023
55.33 %
20.09 %
-31.00 %
Jan 1, 2024
53.14 %
17.97 %
-21.14 %
Jan 1, 2025
38.16 %
16.52 %
-19.42 %
Jan 1, 2026 (e)
38.16 %
7.49 %
-2.80 %
Jan 1, 2027 (e)
38.16 %
7.49 %
2.60 %
Jan 1, 2028 (e)
38.16 %
7.49 %
6.34 %

Macerich Stock Revenue, EBIT, Earnings per Share

The Macerich earnings per share therefore indicates how much revenue Macerich has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
3.80 USD
0.97 USD
0.06 USD
Jan 1, 2022
3.99 USD
0.70 USD
-0.31 USD
Jan 1, 2023
4.10 USD
0.82 USD
-1.27 USD
Jan 1, 2024
3.88 USD
0.70 USD
-0.82 USD
Jan 1, 2025
3.96 USD
0.65 USD
-0.77 USD
Jan 1, 2026 (e)
4.44 USD
0.29 USD
-0.12 USD
Jan 1, 2027 (e)
4.74 USD
0.31 USD
0.12 USD
Jan 1, 2028 (e)
4.84 USD
0.31 USD
0.31 USD

Macerich business model & stock analysis

The Macerich Co is a real estate company from the USA that was founded in 1964. The company is listed on the New York Stock Exchange. The headquarters of the company is located in Santa Monica, California. The business model of Macerich is trading in real estate. The company owns and operates shopping malls in various regions of the USA. Macerich's strategy is to offer a very high quality in the shopping malls to attract customers and satisfy tenants. Macerich is divided into various business areas in order to meet the needs of customers and tenants as best as possible. Firstly, there is the department that takes care of the development and management of shopping malls. New projects are planned and old centers are renovated. It is ensured that the shopping malls meet the needs of customers and tenants. Another business area of Macerich Co is the rental of retail space. Companies can rent space here to offer their products and services. Macerich also ensures a high quality here so that tenants feel comfortable and attract customers. The company is also involved in downtown development. Here, Macerich has the opportunity to shape the downtown areas of the USA and establish new businesses and restaurants. This can revive life in the cities and create new jobs. The products that Macerich offers are primarily retail spaces and shopping malls. The company has around 50 shopping malls worldwide, most of which are located in the USA. Here, there is a wide selection of stores and products from numerous brands and manufacturers. In the shopping mall, you can find everything your heart desires, from clothing and shoes to electronics and household items to food and drinks. Entertainment offerings such as cinemas and bowling alleys can also be found in many shopping malls. Macerich thus offers visitors a diverse shopping experience. The company is not only active in the American market but also internationally. Macerich has shopping malls in Canada and Europe. Here, the company has proven that it understands how to meet local needs and offer a high quality. In recent years, Macerich Co has repeatedly attracted attention with new developments and innovations in the real estate industry. For example, the company has found ways to make its shopping malls more climate-friendly and sustainable. Macerich has also made progress in the field of technology and offers its customers and tenants various digital solutions. Overall, Macerich Co is a successful real estate company specializing in the development and rental of shopping malls. The company has managed to create a portfolio of high-quality properties that allows its tenants and customers to enjoy a high-quality shopping experience. We will certainly hear a lot more from Macerich Co in the future.

Macerich SWOT Analysis

Strengths

Macerich Co boasts a significant market presence with a diverse portfolio of high-quality retail properties across the United States. This positions the company with a competitive advantage in attracting tenants and generating stable rental income.

Macerich Co has established itself as a reputable and well-known brand in the real estate industry. The company's strong brand recognition enhances its ability to attract new partners, investors, and tenants, while also instilling trust and confidence among stakeholders.

With decades of experience in the real estate sector, Macerich Co possesses a deep understanding of market trends, consumer preferences, and property management strategies. This expertise allows the company to make informed decisions, adapt to changing market conditions, and maximize returns on investments.

Weaknesses

Macerich Co's significant exposure to the retail sector can be seen as a weakness in an era of evolving consumer behavior and the rise of e-commerce. This reliance on traditional brick-and-mortar retail carries inherent risks, such as tenant bankruptcies and vacancies, which may impact the company's profitability.

Macerich Co carries a substantial amount of debt, which can limit its financial flexibility. High interest expenses and debt service obligations may reduce the company's ability to invest in new properties, undertake capital projects, or respond to market changes effectively.

The performance of Macerich Co's properties is susceptible to economic fluctuations, as consumer spending habits and retail sales directly impact rental incomes. Economic downturns or recessions can lead to reduced consumer confidence and lower tenant demand, potentially affecting the company's financial performance.

Opportunities

Macerich Co can explore opportunities to acquire new properties or strategically expand its existing portfolio. This allows the company to diversify its revenue streams, enter new markets, and target emerging retail trends (e.g., experiential retail, mixed-use developments) that might offer higher growth potential.

Embracing technology advancements, such as using data analytics, digital marketing, and online platforms, can enhance Macerich Co's customer engagement, optimize operations, and improve tenant experiences. Integrating technology may also enable the company to adapt to e-commerce trends and fulfill the changing needs of modern retailers.

Macerich Co can seize the opportunity to incorporate sustainable practices across its portfolio, making its properties more energy-efficient and environmentally friendly. Emphasizing sustainability not only aligns with increasing consumer preferences but can also lead to cost savings and long-term value creation.

Threats

The real estate industry, particularly the retail sector, is highly competitive. Macerich Co faces competition from various property developers and landlords vying for tenants and attracting investment. Intense competition can affect occupancy rates, rental pricing, and overall profitability.

Changes in regulations, zoning laws, and political environments at local, state, or national levels can impact Macerich Co's ability to develop, renovate, or operate its properties. Compliance with evolving legal frameworks and potential policy shifts poses a threat to the company's operations and profitability.

The continued growth of e-commerce and technological advancements pose a threat to Macerich Co's traditional brick-and-mortar retail properties. Changes in consumer behavior and preferences may lead to reduced foot traffic and lower demand for physical retail spaces, potentially impacting the company's revenues and property valuations.

Macerich Employees

  • 3 Years

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  • 25 Years

  • Max

Macerich Employees
Details
Date
Macerich Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Macerich Segments

Macerich Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Macerich historical P/E ratio, EBIT multiple, and P/S ratio

Macerich annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Macerich shares outstanding

The number of shares of Macerich was 256.62 M in 2025. This indicates how many shares Macerich is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
223.16 M Stocks
Jan 1, 2022
215.18 M Stocks
Jan 1, 2023
215.81 M Stocks
Jan 1, 2024
236.62 M Stocks
Jan 1, 2025
256.62 M Stocks
Jan 1, 2026 (e)
256.62 M Stocks
Jan 1, 2027 (e)
256.62 M Stocks
Jan 1, 2028 (e)
256.62 M Stocks

Macerich stock splits

In Macerich's history, there have been no stock splits.

Macerich Dividend History

33 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.17USDYTD
Mar 16, 20260.17USD 0.0%1/1
20250.68USD 0.0%
Mar 4, 20250.17USD 0.0%1/4
Jun 3, 20250.17USD 0.0%2/4
Sep 9, 20250.17USD 0.0%3/4
Dec 15, 20250.17USD 0.0%4/4
20240.68USD 0.0%
20230.68USD 11.5%
20220.61USD 1.7%
20210.60USD 47.8%
20201.15USD 61.7%
20193.00USD 1.0%
20182.97USD 3.5%
20172.87USD 4.4%

Macerich dividend history and estimates

In 2025, Macerich paid a dividend amounting to 0.68 USD. Dividend means that Macerich distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.60 USD
0.00 USD
Jan 1, 2022
0.61 USD
0.00 USD
Jan 1, 2023
0.68 USD
0.00 USD
Jan 1, 2024
0.68 USD
0.00 USD
Jan 1, 2025
0.68 USD
0.00 USD
Jan 1, 2026 (e)
0.17 USD
0.51 USD
Jan 1, 2027 (e)
0.00 USD
0.68 USD
Jan 1, 2028 (e)
0.00 USD
0.68 USD

Macerich dividend payout ratio

In 2025, Macerich had a payout ratio of 109.11%. The payout ratio indicates the percentage of the company's profits that Macerich distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

FFO payout ratio
Details
Date
FFO payout ratio
Jan 1, 2021
39.32 %
Jan 1, 2022
55.29 %
Jan 1, 2023
802.12 %
Jan 1, 2024
148.69 %
Jan 1, 2025
109.11 %
Jan 1, 2026 (e)
0.00 %
Jan 1, 2027 (e)
0.00 %
Jan 1, 2028 (e)
0.00 %

Current Macerich forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
5.26 %
Buy
45.00 % (9)
Hold
40.00 % (8)
Sell
15.00 % (3)
12M Price Target
20.40
Last Price
24.27
Currency
USD
12M Return Potential
-15.96 %
LTM Return
0 %

Macerich Analyst Rating Actions

DateFirmActionRatingReliability
7/21/2026
Piper Sandler
Piper Sandler
MaintainedNeutral51
7/7/2026
Evercore ISI Group
Evercore ISI Group
MaintainedIn Line62
6/26/2026
Compass Point
Compass Point
DowngradeBuyNeutral
6/24/2026
Truist Securities
Truist Securities
MaintainedBuy
6/24/2026
Citigroup
Citigroup
UpgradeNeutralBuy48
6/18/2026
Scotiabank
Scotiabank
MaintainedSector Outperform75
6/18/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
6/17/2026
JP Morgan
JP Morgan
UpgradeUnderweightNeutral80
6/16/2026
Ladenburg Thalmann
Ladenburg Thalmann
MaintainedBuy
6/10/2026
Keybanc
Keybanc
MaintainedOverweight49

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Macerich Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/5/2026-0.06USD-238.50 MUSD-2026 Q2
5/6/2026-0.11USD-238.24 MUSD-2026 Q1
2/18/20260.02USD-267.05 MUSD-2025 Q4
8/11/2025-0.08USD-242.86 MUSD-2025 Q2
5/2/2024-0.08USD-215.91 MUSD-2024 Q1
2/5/20240.06USD-236.67 MUSD-2023 Q4
7/26/2023-0.04USD-217.72 MUSD-2023 Q2
5/8/2023-0.06USD-222.08 MUSD-2023 Q1
2/8/20230.03USD-234.46 MUSD-2022 Q4
11/3/2022-0.03USD-207.11 MUSD-2022 Q3
...

EESG©

Eulerpool ESG Scorecard© for the Macerich stock

90/100
99
Environment
99
Social
71
Governance
E

Environment

20
Scope 1 - Direct Emissions28,470
Scope 2 - Indirect emissions from purchased energy44,189
Scope 3 - Indirect emissions within the value chain188,594
Total CO₂ emissions72,659
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees58
Percentage of women in management
Percentage of Asian employees6
Share of Asian management
Percentage of Hispanic/Latino employees13
Hispano/Latino Management share
Percentage of Black employees6
Black Management Share
Percentage of white employees70
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Macerich shareholder structure

% Name
20.85199%
BLACKROCK, INC.
BLACKROCK, INC.
11.52420%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
10.83973%
FMR LLC
FMR LLC
6.66280%
STATE STREET CORP
STATE STREET CORP
5.47920%
SMEAD CAPITAL MANAGEMENT, INC.
SMEAD CAPITAL MANAGEMENT, INC.
5.17145%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
...

Macerich Beneficial Ownership Filings (SEC 13D/G)

Free Float
87.6%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
58.46%
Eurocom Communications Ltd.
Eurocom Communications Ltd.
SEC ↗
17.50%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
14.40%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
10.20%
FMR LLC
FMR LLC
SEC ↗
9.99%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
9.90%
William W. Smead
William W. Smead
SEC ↗
9.90%
Cole W. Smead
Cole W. Smead
SEC ↗
9.10%
Kinderhook, LP
Kinderhook, LP
SEC ↗
8.50%
Gregg R. Lemkau
Gregg R. Lemkau
SEC ↗
8.10%
MSD Vault Investments, LLC
MSD Vault Investments, LLC
SEC ↗

Macerich Executives and Management Board

12 members · avg. age 61 · 42 % women

JH

Mr. Jackson Hsieh (64)

President, Chief Executive Officer, Director · since 2024

14.37 M USD

Management

AM

Ms. Ann Menard (62)

Senior Executive Vice President, Chief Legal Officer, Secretary

3.32 M USD
DH

Mr. Douglas Healey (61)

Senior Executive Vice President, Head - Leasing

3.00 M USD
DS

Mr. Daniel Swanstrom (48)

Chief Financial Officer, Senior Executive Vice President, Treasurer

1.97 M USD
SG

Ms. Samantha Greening

Assistant Vice President, Investor Relations · since 2023

Board of Directors

SH

Mr. Steven Hash (60)

Independent Chairman of the Board

406,739.00 USD
AS

Ms. Andrea Stephen (60)

Independent Director

271,307.00 USD
DH

Mr. Daniel Hirsch (51)

Independent Director

242,497.00 USD
ML

Ms. Marianne Lowenthal (64)

Independent Director

219,997.00 USD
EH

Mr. Enrique Hernandez (69)

Independent Director

217,497.00 USD
DL

Ms. Diana Laing (70)

Independent Director

151,899.00 USD

Frequently asked questions about Macerich

The business model of Macerich Co, a prominent real estate investment trust (REIT), revolves around owning, acquiring, developing, and managing retail properties throughout the United States. Macerich Co primarily focuses on regional shopping centers, which serve as vibrant retail destinations for communities. By continually enhancing the appeal and amenities of their properties, Macerich Co aims to attract a diverse tenant mix comprising both national and local retailers. This business model allows Macerich Co to generate revenue through collecting rent from retailers and subsequently providing shareholders with steady income from their investments. Overall, Macerich Co's business model is centered on providing attractive retail spaces that cater to consumer needs while delivering value to the company and its investors.

Macerich Co is primarily active in the real estate industry, specializing in the ownership, management, acquisition, and development of premium shopping centers. With a portfolio of high-quality retail properties, Macerich Co operates within the retail sector, catering to a diverse range of tenants and providing a unique shopping experience for consumers. As a reputable leader in the industry, Macerich Co continues to innovate and adapt to the evolving retail landscape, constantly striving to enhance the value and success of its properties.

The main competitors of Macerich Co in the market include Simon Property Group, Inc., Brookfield Property Partners L.P., and General Growth Properties, Inc.

Macerich Co is a prominent real estate investment trust (REIT) in the United States. Established in 1964, Macerich Co primarily focuses on acquiring, developing, and managing high-quality retail properties throughout the nation. The company is renowned for its portfolio of premier shopping centers, including Tysons Corner Center, Queens Center, and Fashion Outlets of Chicago. With a rich history spanning over 50 years, Macerich Co has demonstrated its expertise in creating dynamic retail destinations that cater to diverse consumer needs. Their commitment to innovation, sustainability, and strong partnerships has helped them become a trusted name in the commercial real estate industry.

Some significant milestones achieved by Macerich Co include its successful establishment as a leading real estate investment trust (REIT) specializing in the acquisition, development, and management of retail properties. The company has a rich history spanning over six decades, with notable accomplishments such as the development of iconic malls like Tysons Corner Center and Santa Monica Place. Macerich Co has also received various accolades, including industry recognition for its sustainability efforts and commitment to enhancing the communities it serves. With a strong portfolio of high-quality retail properties across the United States, Macerich Co continues to deliver value to its shareholders and customers alike.

Macerich Co is primarily present in the United States.

Macerich Co represents values of integrity, innovation, and excellence in the real estate industry. With a corporate philosophy centered around creating exceptional and sustainable shopping experiences, Macerich Co strives to deliver value to its customers, tenants, and shareholders. By focusing on quality and effectively managing its portfolio of premier retail properties, Macerich Co aims to enhance the communities it serves and generate long-term growth. Through continuous adaptability and a commitment to social responsibility, Macerich Co remains dedicated to delivering outstanding results and maintaining its reputation as a leading real estate investment trust.

Analysts currently set an average price target of 20.33 USD for the Macerich stock (median: 20.40 USD), implying -16.3 % versus the latest price. The consensus is based on 20 analyst ratings.

20 analysts currently rate the Macerich stock: 9 recommend buying, 8 holding and 3 selling. For 2026, analysts expect Macerich to generate revenue of 985.67 M USD and earnings per share of -0.11 USD.

Converted at the current exchange rate, the Macerich share trades at 21.12 EUR (24.40 USD).

The Macerich share (MAC) is listed on 8 stock exchanges, including: NYSE (MAC), Frankfurt (M6G.F), München (M6G.MU), Düsseldorf (M6G.DU), Berlin (M6G.BE), London (0JX5.L), London (0JX5.L), SIX (Zürich) (M6G.SW).

The Macerich Co is a leading operator of retail centers in the US and pursues a diversified business model to attract customers and increase profitability. The company has an extensive range of retail stores and services, including department stores, shopping centers, malls, and specialty stores. Macerich currently operates 52 shopping centers in the US, from San Francisco to Phoenix. The shopping centers are utilized by a variety of retailers, including major department store chains such as Macy's, JC Penny, and Nordstrom, as well as upscale boutiques, restaurants, and entertainment facilities. The company also operates many outdoor stores as well as malls that consist of multiple stores on multiple levels. The company also operates several premium outlets specializing in brand-name bargains. These outlets are typically located near major tourist centers and attract tourists from around the world. Macerich also has a strong portfolio in the specialty store sector, including shopping centers specializing in specific products such as jewelry, home improvement supplies, and sports accessories. One important division of Macerich is land development, particularly in urban areas. The company has a long track record of renovating existing buildings and creating new retail concepts. It has also specialized in planning and developing mixed-use properties that combine retail spaces with residential units and offices. Another important business area for Macerich is property management. The company offers comprehensive services from real estate and rental management to maintenance and upkeep. It also operates a highly advanced sales data tracking system to identify retail trends, help retailers optimize their offerings, and negotiate new lease agreements. Macerich also utilizes technology to enhance the customer experience in their facilities. The company has developed a powerful app that allows customers to view offers available at all Macerich locations and facilitates their shopping experience. In summary, Macerich offers a broad portfolio of retail properties, from large shopping centers and malls to premium outlets and specialty stores. The company is also a leading developer of retail properties and provides comprehensive property management services. Its focus on technology and delivering a premium customer experience positions Macerich as one of the key forces in the shopping center industry.

The expected revenue of Macerich is 985.67 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Macerich is -27.64 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Macerich is currently -226.54. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Macerich stock.

The price-to-sales ratio (P/S) of Macerich is currently 6.35. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Macerich stock.

The Eulerpool Quality Score for Macerich is 2/10.

The ISIN of Macerich is US5543821012. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Macerich is 888353. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Macerich is MAC. The ticker symbol is used to trade Macerich shares on the stock exchange.

Over the past 12 months, Macerich paid a dividend of 0.68 USD . This corresponds to a dividend yield of about 2.79 %. For the coming 12 months, Macerich is expected to pay a dividend of 0.68 USD.

The current dividend yield of Macerich is 2.79 %.

Macerich pays a dividend, distributed in the months of , , , .

Macerich paid dividends every year for the past 32 years.

For the upcoming 12 months, dividends amounting to 0.68 USD are expected. This corresponds to a dividend yield of 2.79 %.

Macerich is assigned to the 'Real Estate' sector.

To receive the latest dividend of Macerich from amounting to 0.17 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Macerich distributed 0.68 USD as dividends.

The dividends of Macerich are distributed in USD.