Macerich Company (MAC) Stock Forecast, Price Target & Predictions
MAC Stock Forecast
Macerich Company stock forecast is as follows: an average price target of $17.00 (represents a -16.09% downside from MAC’s last price of $20.26) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
MAC Price Target
The average price target for Macerich Company (MAC) is $17.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $17.00. This represents a potential -16.09% downside from MAC's last price of $20.26.
MAC Analyst Ratings
According to 5 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' (40.00%), 2 'Hold' (40.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
Macerich Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 11, 2024 | Alexander Goldfarb | Piper Sandler | $17.00 | $21.35 | -20.37% | -16.09% |
| Sep 03, 2024 | Alex Goldfarb | Piper Sandler | $14.00 | $15.36 | -8.85% | -30.90% |
| May 17, 2024 | Greg McGinnis | Scotiabank | $14.00 | $16.07 | -12.88% | -30.90% |
| May 01, 2024 | Alexander Goldfarb | Piper Sandler | $11.00 | $13.76 | -20.06% | -45.71% |
| Feb 08, 2023 | Piper Sandler | $11.00 | $13.54 | -18.79% | -45.71% | |
| Dec 05, 2022 | Deutsche Bank | $16.00 | $12.55 | 27.49% | -21.03% | |
| Jul 15, 2021 | Linda Tsai | Jefferies | $19.00 | $17.16 | 10.72% | -6.22% |
The latest Macerich Company stock forecast, released on Dec 11, 2024 by Alexander Goldfarb from Piper Sandler, set a price target of $17.00, which represents a -20.37% decrease from the stock price at the time of the forecast ($21.35), and a -16.09% decrease from MAC last price ($20.26).
Macerich Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $17.00 | $17.00 | $14.00 |
| Last Closing Price | $20.26 | $20.26 | $20.26 |
| Upside/Downside | -16.09% | -16.09% | -30.90% |
In the current month, the average price target of Macerich Company stock is $17.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -16.09% decrease as opposed to Macerich Company's last price of $20.26. This month's average price target is down 0.00% compared to last quarter, and up 21.43% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 17, 2024 | Scotiabank | Underperform | Sector Perform | Upgrade |
| Dec 11, 2024 | Piper Sandler | Underweight | Underweight | Hold |
| Sep 03, 2024 | Piper Sandler | Underweight | Underweight | Hold |
| May 17, 2024 | Scotiabank | Underperform | Downgrade | |
| May 01, 2024 | Piper Sandler | Buy | Buy | Hold |
| May 01, 2024 | Piper Sandler | Neutral | Underweight | Downgrade |
| Mar 21, 2024 | Citigroup | Neutral | Upgrade | |
| Oct 01, 2023 | Piper Sandler | Underweight | Neutral | Upgrade |
| Feb 08, 2023 | Piper Sandler | Underweight | Underweight | Hold |
| Dec 05, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Jun 22, 2022 | Compass Point | Buy | Buy | Hold |
Macerich Company's last stock rating was published by Scotiabank on Dec 17, 2024. The company Upgrade its MAC rating from "Underperform" to "Sector Perform".
Macerich Company Financial Forecast
Macerich Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $237.86M | $218.15M | $212.37M | $214.85M | $228.22M | $210.70M | $204.09M | $216.14M | $229.40M | $212.14M | $215.47M | $190.42M | $194.64M | $185.84M | $178.59M | $226.95M | $241.84M | $231.13M |
| Avg Forecast | $258.79M | $240.76M | $226.37M | $216.41M | $235.16M | $197.10M | $192.93M | $192.18M | $222.20M | $208.54M | $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 | $275.57M | $256.37M | $241.05M | $230.45M | $250.41M | $209.88M | $205.44M | $205.49M | $226.02M | $210.08M | $199.35M | $205.11M | $228.82M | $233.55M | $218.91M | $214.72M | $237.67M | $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 |
| Low Forecast | $246.65M | $229.46M | $215.75M | $206.26M | $224.13M | $187.86M | $183.88M | $181.10M | $218.82M | $207.00M | $199.35M | $205.11M | $220.86M | $193.31M | $195.94M | $192.19M | $212.73M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.03% | 1.03% | 1.07% | 1.02% | 1.06% | 1.00% | 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 $205.11M, and a high forecast of $205.11M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $132.78M | $3.13M | $109.76M | $47.02M | $135.00M | $110.30M | $108.38M | $82.71M | $103.60M | $225.99M | $132.05M | $73.34M | $-100.36M | $96.85M | $108.13M | $99.16M | $160.49M | $146.42M |
| Avg Forecast | $108.03M | $100.50M | $94.49M | $90.34M | $98.17M | $82.28M | $80.54M | $80.22M | $92.76M | $87.05M | $83.22M | $85.62M | $93.71M | $88.18M | $85.82M | $84.17M | $102.09M | $97.81M | $100.76M | $101.47M | $100.75M | $96.52M | $91.30M | $80.68M | $93.36M | $93.38M | $91.72M | $54.54M | $113.33M | $109.18M |
| High Forecast | $115.03M | $107.02M | $100.62M | $96.20M | $104.53M | $87.61M | $85.76M | $85.78M | $94.35M | $87.69M | $83.22M | $85.62M | $95.52M | $97.49M | $91.38M | $89.63M | $122.50M | $97.81M | $100.76M | $101.47M | $100.75M | $96.52M | $91.30M | $96.81M | $93.36M | $93.38M | $91.72M | $65.44M | $113.33M | $109.18M |
| Low Forecast | $102.96M | $95.79M | $90.06M | $86.10M | $93.56M | $78.42M | $76.76M | $75.60M | $91.34M | $86.41M | $83.22M | $85.62M | $92.20M | $80.69M | $81.79M | $80.22M | $81.67M | $97.81M | $100.76M | $101.47M | $100.75M | $96.52M | $91.30M | $64.54M | $93.36M | $93.38M | $91.72M | $43.63M | $113.33M | $109.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.42% | 0.04% | 1.28% | 0.56% | 1.32% | 1.13% | 1.08% | 0.82% | 1.03% | 2.34% | 1.45% | 0.91% | -1.08% | 1.04% | 1.18% | 1.82% | 1.42% | 1.34% |
2 analysts predict MAC's average Quarter EBITDA for Mar 24 to be $85.62M, with a high of $85.62M and a low of $85.62M. This is -35.52% lower than Macerich Company's previous annual EBITDA (Dec 23) of $132.78M.
Macerich Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $62.18M | $-262.55M | $-14.96M | $-58.19M | $3.46M | $-13.50M | $-17.69M | $-37.35M | $-25.00M | $106.70M | $-11.77M | $-63.60M | $-190.42M | $-22.19M | $-25.12M | $7.52M | $26.89M | $46.37M |
| Avg Forecast | $19.66M | $-4.37M | $-15.29M | $-24.03M | $10.19M | $-15.29M | $-13.83M | $-26.94M | $5.99M | $-15.41M | $-15.27M | $-107.27M | $16.56M | $-10.96M | $-17.29M | $-114.73M | $-16.82M | $-5.36M | $-8.28M | $-122.70M | $-1.48M | $-16.53M | $-19.40M | $-69.96M | $-26.70M | $-38.21M | $-58.81M | $4.14M | $39.11M | $17.67M |
| High Forecast | $21.31M | $-4.10M | $-14.36M | $-22.56M | $11.05M | $-14.36M | $-12.99M | $-23.77M | $6.36M | $-14.48M | $-14.34M | $-85.81M | $17.16M | $4.38M | $-16.24M | $-91.78M | $-13.46M | $-5.36M | $-8.28M | $-98.16M | $-1.48M | $-16.53M | $-19.40M | $-55.97M | $-26.70M | $-38.21M | $-58.81M | $4.96M | $39.11M | $17.67M |
| Low Forecast | $18.46M | $-4.74M | $-16.58M | $-26.05M | $9.57M | $-16.58M | $-15.00M | $-30.11M | $5.74M | $-16.71M | $-16.56M | $-128.72M | $15.96M | $-26.30M | $-18.75M | $-137.67M | $-20.19M | $-5.36M | $-8.28M | $-147.24M | $-1.48M | $-16.53M | $-19.40M | $-83.96M | $-26.70M | $-38.21M | $-58.81M | $3.31M | $39.11M | $17.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.75% | 23.96% | 0.87% | 0.51% | -0.21% | 2.52% | 2.14% | 0.30% | 16.91% | -6.45% | 0.61% | 0.91% | 7.13% | 0.58% | 0.43% | 1.82% | 0.69% | 2.62% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $7.55M | $5.91M | $8.80M | $6.98M | $7.08M | $6.78M | $6.44M | $6.86M | $7.69M | $7.60M | $6.68M | $8.09M | $7.69M | $7.59M | $8.24M | $6.82M | $5.80M | $5.29M |
| Avg Forecast | $8.45M | $7.86M | $7.39M | $7.07M | $7.68M | $6.44M | $6.30M | $6.28M | $7.26M | $6.81M | $6.51M | $19.80M | $7.33M | $6.90M | $6.71M | $21.17M | $7.58M | $6.46M | $6.66M | $22.64M | $6.66M | $6.38M | $6.03M | $8.90M | $6.17M | $6.17M | $6.06M | $3.75M | $7.49M | $7.21M |
| High Forecast | $9.00M | $8.37M | $7.87M | $7.52M | $8.18M | $6.85M | $6.71M | $6.71M | $7.38M | $6.86M | $6.51M | $23.76M | $7.47M | $7.63M | $7.15M | $25.41M | $9.09M | $6.46M | $6.66M | $27.17M | $6.66M | $6.38M | $6.03M | $10.67M | $6.17M | $6.17M | $6.06M | $4.50M | $7.49M | $7.21M |
| Low Forecast | $8.05M | $7.49M | $7.04M | $6.73M | $7.32M | $6.13M | $6.00M | $5.91M | $7.14M | $6.76M | $6.51M | $15.84M | $7.21M | $6.31M | $6.40M | $16.94M | $6.06M | $6.46M | $6.66M | $18.12M | $6.66M | $6.38M | $6.03M | $7.12M | $6.17M | $6.17M | $6.06M | $3.00M | $7.49M | $7.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.86% | 1.31% | 0.33% | 0.93% | 1.05% | 0.97% | 0.30% | 1.16% | 1.19% | 1.11% | 0.91% | 1.25% | 1.23% | 1.36% | 1.82% | 0.77% | 0.73% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.29 | $-1.22 | $-0.07 | $-0.27 | $0.02 | $-0.06 | $-0.08 | $-0.17 | $-0.12 | $0.50 | $-0.06 | $-0.40 | $-1.27 | $-0.15 | $-0.18 | $0.05 | $0.19 | $0.33 |
| Avg Forecast | $0.09 | $-0.02 | $-0.07 | $-0.11 | $0.05 | $-0.07 | $-0.06 | $-0.12 | $0.03 | $-0.07 | $-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 | $0.10 | $-0.02 | $-0.07 | $-0.10 | $0.05 | $-0.07 | $-0.06 | $-0.11 | $0.03 | $-0.07 | $-0.07 | $-0.08 | $0.08 | $0.02 | $-0.07 | $-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 |
| Low Forecast | $0.08 | $-0.02 | $-0.08 | $-0.12 | $0.04 | $-0.08 | $-0.07 | $-0.14 | $0.03 | $-0.08 | $-0.08 | $-0.09 | $0.07 | $-0.12 | $-0.09 | $-0.06 | $0.02 | $-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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.82% | 24.31% | 0.88% | 4.54% | 0.64% | 2.53% | 2.15% | 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 $-0.09 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NTST | NETSTREIT | $14.93 | $25.50 | 70.80% | Buy |
| O | Realty Income | $54.52 | $63.65 | 16.75% | Buy |
| NNN | National Retail Properties | $41.88 | $47.67 | 13.83% | Buy |
| FRT | Federal Realty Investment Trust | $114.33 | $128.17 | 12.11% | Buy |
| BFS | Saul Centers | $40.17 | $43.50 | 8.29% | Buy |
| ADC | Agree Realty | $73.31 | $77.00 | 5.03% | Buy |
| GTY | Getty Realty | $32.14 | $33.50 | 4.23% | Buy |
| BRX | Brixmor Property Group | $28.65 | $29.50 | 2.97% | Buy |
| REG | Regency Centers | $75.50 | $77.50 | 2.65% | Buy |
| KIM | Kimco Realty | $24.30 | $24.33 | 0.12% | Buy |
| SKT | Tanger | $35.41 | $33.50 | -5.39% | Buy |
| SITC | SITE Centers | $15.42 | $13.46 | -12.71% | Hold |
| MAC | Macerich Company | $21.36 | $17.00 | -20.41% | Buy |