Macerich Company (MAC) Stock Forecast, Price Target & Predictions


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MAC Stock Forecast


Macerich Company stock forecast is as follows: an average price target of $15.75 (represents a -5.06% downside from MAC’s last price of $16.59) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

MAC Price Target


The average price target for Macerich Company (MAC) is $15.75 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $14.00. This represents a potential -5.06% downside from MAC's last price of $16.59.

MAC Analyst Ratings


Buy

According to 4 Wall Street analysts, Macerich Company's rating consensus is 'Buy'. The analyst rating breakdown for MAC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 1 'Hold' (25.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Macerich Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2024Alex GoldfarbPiper Sandler$14.00$15.36-8.85%-15.61%
May 17, 2024Greg McGinnisScotiabank$14.00$16.07-12.88%-15.61%
May 01, 2024Alexander GoldfarbPiper Sandler$11.00$13.76-20.06%-33.69%
Feb 08, 2023-Piper Sandler$11.00$13.54-18.79%-33.69%
Dec 05, 2022-Deutsche Bank$16.00$12.5527.49%-3.56%
Jul 15, 2021Linda TsaiJefferies$19.00$17.1610.72%14.53%
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The latest Macerich Company stock forecast, released on Sep 03, 2024 by Alex Goldfarb from Piper Sandler, set a price target of $14.00, which represents a -8.85% decrease from the stock price at the time of the forecast ($15.36), and a -15.61% decrease from MAC last price ($16.59).

Macerich Company Price Target by Period


1M3M12M
# Anlaysts113
Avg Price Target$14.00$14.00$13.00
Last Closing Price$16.59$16.59$16.59
Upside/Downside-15.61%-15.61%-21.64%

In the current month, the average price target of Macerich Company stock is $14.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -15.61% decrease as opposed to Macerich Company's last price of $16.59. This month's average price target is down 0.00% compared to last quarter, and up 7.69% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024Piper SandlerUnderweightUnderweightHold
May 17, 2024Scotiabank-UnderperformDowngrade
May 01, 2024Piper SandlerBuyBuyHold
May 01, 2024Piper SandlerNeutralUnderweightDowngrade
Mar 21, 2024Citigroup-NeutralUpgrade
Oct 01, 2023Piper SandlerUnderweightNeutralUpgrade
Feb 08, 2023Piper SandlerUnderweightUnderweightHold
Dec 05, 2022Deutsche BankBuyBuyHold
Jun 22, 2022Compass PointBuyBuyHold
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Macerich Company's last stock rating was published by Piper Sandler on Sep 03, 2024. The company gave MAC a "Underweight" rating, the same as its previous rate.

Macerich Company Financial Forecast


Macerich Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$237.86M$218.15M$212.37M$214.85M$228.22M$210.70M-$216.14M$229.40M$212.14M$215.47M$190.42M$194.64M$185.84M$178.59M$226.95M$241.84M$231.13M
Avg Forecast$255.95M$234.19M$223.97M$216.30M$235.95M$220.16M$192.22M$188.47M$221.92M$207.48M$199.35M$205.11M$224.49M$211.25M$205.58M$201.65M$223.20M$197.91M$203.88M$205.32M$203.86M$195.30M$184.74M$179.56M$188.90M$188.94M$185.58M$202.32M$229.31M$220.92M
High Forecast$285.42M$261.16M$249.75M$241.20M$263.12M$245.51M$214.35M$210.17M$247.47M$216.84M$222.30M$228.73M$228.82M$233.55M$229.25M$224.86M$248.89M$220.70M$203.88M$218.26M$216.71M$207.61M$196.39M$190.88M$200.81M$200.85M$197.28M$215.07M$243.77M$234.85M
Low Forecast$235.55M$215.53M$206.12M$199.06M$217.15M$202.61M$176.90M$173.45M$204.24M$199.18M$183.46M$188.76M$220.86M$193.31M$189.20M$185.58M$205.41M$182.14M$203.88M$193.70M$192.33M$184.25M$174.29M$169.40M$178.21M$178.25M$175.08M$190.87M$216.34M$208.42M
# Analysts222211112422463344223331112169989
Surprise %------------1.06%1.03%1.03%1.07%1.02%1.06%-1.05%1.13%1.09%1.17%1.06%1.03%0.98%0.96%1.12%1.05%1.05%

Macerich Company's average Quarter revenue forecast for Mar 24 based on 2 analysts is $205.11M, with a low forecast of $188.76M, and a high forecast of $228.73M. MAC's average Quarter revenue forecast represents a -13.77% decrease compared to the company's last Quarter revenue of $237.86M (Dec 23).

Macerich Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422463344223331112169989
EBITDA------------$132.78M$3.13M$109.76M$47.02M$135.00M$110.30M-$82.71M$103.60M$225.99M$132.05M$73.34M$-100.36M$96.85M$108.13M$99.16M$160.49M$146.42M
Avg Forecast$126.49M$115.74M$110.69M$106.90M$116.61M$108.80M$95.00M$93.14M$109.68M$102.54M$98.52M$101.37M$110.95M$104.41M$101.60M$99.66M$110.31M$97.81M$100.76M$101.47M$92.80M$96.52M$87.03M$80.68M$-128.47M$108.24M$151.38M$54.54M$151.05M$109.18M
High Forecast$141.06M$129.07M$123.43M$119.20M$130.04M$121.33M$105.93M$103.87M$122.31M$107.17M$109.87M$113.04M$113.09M$115.42M$113.30M$111.13M$123.01M$109.07M$100.76M$107.87M$111.37M$102.61M$104.44M$96.81M$-102.77M$129.89M$181.65M$65.44M$181.26M$116.07M
Low Forecast$116.41M$106.52M$101.87M$98.38M$107.32M$100.13M$87.43M$85.72M$100.94M$98.44M$90.67M$93.29M$109.15M$95.54M$93.50M$91.71M$101.52M$90.02M$100.76M$95.73M$74.24M$91.06M$69.62M$64.54M$-154.16M$86.59M$121.10M$43.63M$120.84M$103.01M
Surprise %------------1.20%0.03%1.08%0.47%1.22%1.13%-0.82%1.12%2.34%1.52%0.91%0.78%0.89%0.71%1.82%1.06%1.34%

2 analysts predict MAC's average Quarter EBITDA for Mar 24 to be $101.37M, with a high of $113.04M and a low of $93.29M. This is -23.66% lower than Macerich Company's previous annual EBITDA (Dec 23) of $132.78M.

Macerich Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422463344223331112169989
Net Income------------$62.18M$-262.55M$-14.96M$-58.19M$3.46M$-13.50M-$-37.35M$-25.00M$106.70M$-11.77M$-63.60M$-190.42M$-22.19M$-25.12M$7.52M$26.89M$46.37M
Avg Forecast$8.65M$-19.46M$-19.46M$-41.07M$9.73M$-11.89M$-16.75M$-25.94M$11.84M$-11.53M$-15.11M$-107.27M$16.39M$-10.85M$-17.12M$-114.73M$5.45M$111.91M$-8.27M$-122.70M$-15.29M$101.74M$-7.75M$-69.96M$-243.74M$-24.80M$-35.16M$4.14M$25.31M$78.25M
High Forecast$9.94M$-17.44M$-17.44M$-36.82M$11.18M$-10.66M$-15.02M$-23.25M$13.61M$-10.96M$-13.55M$-85.81M$16.99M$4.34M$-15.34M$-91.78M$6.27M$134.30M$-8.27M$-98.16M$-12.23M$122.09M$-6.20M$-55.97M$-194.99M$-19.84M$-28.13M$4.96M$30.37M$93.90M
Low Forecast$7.75M$-22.37M$-22.37M$-47.22M$8.72M$-13.67M$-19.26M$-29.82M$10.61M$-12.40M$-17.38M$-128.72M$15.79M$-26.03M$-19.68M$-137.67M$4.89M$89.53M$-8.27M$-147.24M$-18.35M$81.39M$-9.31M$-83.96M$-292.48M$-29.76M$-42.19M$3.31M$20.25M$62.60M
Surprise %------------3.79%24.20%0.87%0.51%0.64%-0.12%-0.30%1.64%1.05%1.52%0.91%0.78%0.89%0.71%1.82%1.06%0.59%

Macerich Company's average Quarter net income forecast for Mar 24 is $-107.27M, with a range of $-128.72M to $-85.81M. MAC's average Quarter net income forecast represents a -272.51% decrease compared to the company's last Quarter net income of $62.18M (Dec 23).

Macerich Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422463344223331112169989
SG&A------------$7.55M$5.91M$8.80M$6.98M$7.08M$6.78M-$6.86M$7.69M$7.60M$6.68M$8.09M$7.69M$7.59M$8.24M$6.82M$5.80M$5.29M
Avg Forecast$8.36M$7.65M$7.31M$7.06M$7.70M$7.19M$6.28M$6.15M$7.25M$6.77M$6.51M$19.80M$7.33M$6.90M$6.71M$21.17M$7.29M$7.97M$6.66M$22.64M$6.89M$7.25M$4.40M$8.90M$9.84M$8.48M$11.54M$3.75M$5.46M$8.92M
High Forecast$9.32M$8.53M$8.15M$7.88M$8.59M$8.02M$7.00M$6.86M$8.08M$7.08M$7.26M$23.76M$7.47M$7.63M$7.49M$25.41M$8.13M$9.56M$6.66M$27.17M$8.27M$8.69M$5.28M$10.67M$11.81M$10.18M$13.85M$4.50M$6.55M$10.70M
Low Forecast$7.69M$7.04M$6.73M$6.50M$7.09M$6.62M$5.78M$5.66M$6.67M$6.50M$5.99M$15.84M$7.21M$6.31M$6.18M$16.94M$6.71M$6.38M$6.66M$18.12M$5.51M$5.80M$3.52M$7.12M$7.87M$6.79M$9.23M$3.00M$4.37M$7.13M
Surprise %------------1.03%0.86%1.31%0.33%0.97%0.85%-0.30%1.12%1.05%1.52%0.91%0.78%0.89%0.71%1.82%1.06%0.59%

Macerich Company's average Quarter SG&A projection for Mar 24 is $19.80M, based on 2 Wall Street analysts, with a range of $15.84M to $23.76M. The forecast indicates a 162.34% rise compared to MAC last annual SG&A of $7.55M (Dec 23).

Macerich Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422463344223331112169989
EPS------------$0.29$-1.22$-0.07$-0.27$0.02$-0.06-$-0.17$-0.12$0.50$-0.06$-0.40$-1.27$-0.15$-0.18$0.05$0.19$0.33
Avg Forecast$0.04$-0.09$-0.09$-0.19$0.04$-0.06$-0.08$-0.12$0.05$-0.05$-0.07$-0.09$0.08$-0.05$-0.08$-0.06$0.03$-0.02$-0.04$-0.01$-0.01$-0.08$-0.09$-0.19$-0.12$-0.18$-0.27$0.01$0.18$0.08
High Forecast$0.05$-0.08$-0.08$-0.17$0.05$-0.05$-0.07$-0.11$0.06$-0.05$-0.06$-0.08$0.08$0.02$-0.07$-0.05$0.03$-0.02$-0.04$-0.01$-0.01$-0.07$-0.08$-0.17$-0.11$-0.16$-0.25$0.01$0.20$0.09
Low Forecast$0.04$-0.10$-0.10$-0.22$0.04$-0.06$-0.09$-0.14$0.05$-0.06$-0.08$-0.10$0.07$-0.12$-0.09$-0.07$0.02$-0.03$-0.04$-0.01$-0.01$-0.08$-0.10$-0.20$-0.13$-0.19$-0.29$0.01$0.17$0.08
Surprise %------------3.82%24.31%0.88%4.54%0.64%2.53%-12.69%17.55%-6.54%0.67%2.15%10.29%0.85%0.66%5.00%1.05%4.04%

According to 2 Wall Street analysts, Macerich Company's projected average Quarter EPS for Mar 24 is $-0.09, with a low estimate of $-0.10 and a high estimate of $-0.08. This represents a -129.88% decrease compared to MAC previous annual EPS of $0.29 (Dec 23).

Macerich Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ORealty Income$62.49$69.5311.27%Buy
BFSSaul Centers$40.28$43.507.99%Buy
FRTFederal Realty Investment Trust$115.63$122.956.33%Buy
NTSTNETSTREIT$16.62$17.585.78%Hold
GTYGetty Realty$32.41$33.001.82%Hold
KIMKimco Realty$23.58$23.881.27%Buy
SKTTanger Factory Outlet Centers$31.41$31.40-0.03%Buy
BRXBrixmor Property Group$28.00$27.60-1.43%Buy
NNNNational Retail Properties$48.55$47.67-1.81%Buy
REGRegency Centers$73.68$71.38-3.12%Buy
MACMacerich Company$16.59$15.75-5.06%Buy
ADCAgree Realty$75.97$69.95-7.92%Buy
SITCSITE Centers$58.87$30.00-49.04%Buy

MAC Forecast FAQ


Yes, according to 4 Wall Street analysts, Macerich Company (MAC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of MAC's total ratings.

Macerich Company (MAC) average price target is $15.75 with a range of $14 to $19, implying a -5.06% from its last price of $16.59. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MAC stock, the company can go down by -5.06% (from the last price of $16.59 to the average price target of $15.75), up by 14.53% based on the highest stock price target, and down by -15.61% based on the lowest stock price target.

MAC's average twelve months analyst stock price target of $15.75 does not support the claim that Macerich Company can reach $20 in the near future.

1 Wall Street analyst forecast a $14 price target for Macerich Company (MAC) this month, down -15.61% from its last price of $16.59. Compared to the last 3 and 12 months, the average price target decreased by -15.61% and decreased by -21.64%, respectively.

Macerich Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $836.8M (high $933.14M, low $770.11M), average EBITDA is $413.56M (high $461.17M, low $380.6M), average net income is $-44.857M (high $-37.747M, low $-54.035M), average SG&A $27.32M (high $30.47M, low $25.15M), and average EPS is $-0.207 (high $-0.175, low $-0.25). MAC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $930.4M (high $1.04B, low $856.26M), average EBITDA is $459.82M (high $512.76M, low $423.17M), average net income is $-71.339M (high $-61.759M, low $-84.207M), average SG&A $30.38M (high $33.88M, low $27.96M), and average EPS is $-0.33 (high $-0.286, low $-0.39).

Based on Macerich Company's last annual report (Dec 2023), the company's revenue was $881.37M, beating the average analysts forecast of $842.97M by 4.56%. Apple's EBITDA was $459.94M, beating the average prediction of $416.61M by 10.40%. The company's net income was $-274M, beating the average estimation of $-126M by 117.00%. Apple's SG&A was $29.24M, missing the average forecast of $42.11M by -30.57%. Lastly, the company's EPS was $-1.27, beating the average prediction of $-0.113 by 1023.77%. In terms of the last quarterly report (Dec 2023), Macerich Company's revenue was $237.86M, beating the average analysts' forecast of $224.49M by 5.96%. The company's EBITDA was $132.78M, beating the average prediction of $110.95M by 19.68%. Macerich Company's net income was $62.18M, beating the average estimation of $16.39M by 279.35%. The company's SG&A was $7.55M, beating the average forecast of $7.33M by 2.95%. Lastly, the company's EPS was $0.29, beating the average prediction of $0.0758 by 282.48%