Macerich Company (MAC) Stock Forecast, Price Target & Predictions
MAC Stock Forecast
Macerich Company stock forecast is as follows: an average price target of $15.75 (represents a -19.48% downside from MAC’s last price of $19.56) 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 -19.48% downside from MAC's last price of $19.56.
MAC Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2024 | Alex Goldfarb | Piper Sandler | - | - | -8.85% | -28.43% |
| May 17, 2024 | Greg McGinnis | Scotiabank | - | - | -12.88% | -28.43% |
| May 01, 2024 | Alexander Goldfarb | Piper Sandler | - | - | -20.06% | -43.76% |
| Feb 08, 2023 | Piper Sandler | - | - | -18.79% | -43.76% | |
| Dec 05, 2022 | Deutsche Bank | - | - | 27.49% | -18.20% | |
| Jul 15, 2021 | Linda Tsai | Jefferies | - | - | 10.72% | -2.86% |
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 -28.43% decrease from MAC last price ($19.56).
Macerich Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $14.00 | $13.00 |
| Last Closing Price | $19.56 | $19.56 | $19.56 |
| Upside/Downside | -100.00% | -28.43% | -33.54% |
In the current month, the average price target of Macerich Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Macerich Company's last price of $19.56. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 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 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 | $255.05M | $239.74M | $223.22M | $217.35M | $247.60M | $205.10M | $190.99M | $187.75M | $225.47M | $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 | $268.94M | $252.80M | $235.37M | $229.18M | $261.08M | $216.28M | $201.39M | $199.99M | $228.56M | $210.08M | $199.35M | $205.11M | $228.82M | $233.55M | $216.78M | $212.63M | $235.35M | $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 | $242.17M | $227.64M | $211.95M | $206.37M | $235.09M | $194.75M | $181.34M | $174.73M | $221.28M | $207.00M | $199.35M | $205.11M | $220.86M | $193.31M | $195.20M | $191.46M | $211.93M | $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 | 2 | 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 | 2 | 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 | $106.47M | $100.08M | $93.18M | $90.73M | $103.35M | $85.62M | $79.72M | $78.37M | $94.12M | $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 | $112.26M | $105.53M | $98.25M | $95.67M | $108.98M | $90.28M | $84.07M | $83.48M | $95.41M | $87.69M | $83.22M | $85.62M | $95.52M | $97.49M | $90.49M | $88.76M | $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 | $101.09M | $95.02M | $88.47M | $86.15M | $98.14M | $81.29M | $75.70M | $72.94M | $92.37M | $86.41M | $83.22M | $85.62M | $92.20M | $80.69M | $81.48M | $79.92M | $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 | 2 | 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 | $6.55M | $-17.47M | $-17.47M | $-28.39M | $7.10M | $-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 | $21.05M | $-4.08M | $-14.29M | $-22.45M | $7.02M | $-16.33M | $-16.33M | $-23.38M | $7.52M | $-14.40M | $-14.27M | $-85.81M | $17.16M | $4.38M | $-16.16M | $-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 | $18.37M | $-4.68M | $-16.37M | $-25.73M | $6.12M | $-18.71M | $-18.71M | $-30.07M | $6.53M | $-16.51M | $-16.35M | $-128.72M | $15.96M | $-26.30M | $-18.52M | $-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 | 2 | 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 | $8.33M | $7.83M | $7.29M | $7.10M | $8.08M | $6.70M | $6.24M | $6.13M | $7.36M | $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 | $8.78M | $8.25M | $7.69M | $7.48M | $8.52M | $7.06M | $6.58M | $6.53M | $7.46M | $6.86M | $6.51M | $23.76M | $7.47M | $7.63M | $7.08M | $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 | $7.91M | $7.43M | $6.92M | $6.74M | $7.68M | $6.36M | $5.92M | $5.71M | $7.23M | $6.76M | $6.51M | $15.84M | $7.21M | $6.31M | $6.37M | $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 | 2 | 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 | $0.03 | $-0.08 | $-0.08 | $-0.13 | $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 | $0.03 | $-0.07 | $-0.07 | $-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 | $-0.07 | $-0.12 | $0.03 | $-0.09 | $-0.09 | $-0.14 | $0.03 | $-0.08 | $-0.07 | $-0.09 | $0.07 | $-0.12 | $-0.08 | $-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 |
|---|---|---|---|---|---|
| SITC | SITE Centers | - | - | 107.49% | Hold |
| NTST | NETSTREIT | - | - | 47.84% | Buy |
| O | Realty Income | - | - | 21.15% | Buy |
| BFS | Saul Centers | - | - | 9.35% | Buy |
| NNN | National Retail Properties | - | - | 9.11% | Buy |
| FRT | Federal Realty Investment Trust | - | - | 7.47% | Buy |
| GTY | Getty Realty | - | - | 2.45% | Buy |
| REG | Regency Centers | - | - | -2.23% | Buy |
| BRX | Brixmor Property Group | - | - | -3.06% | Buy |
| KIM | Kimco Realty | - | - | -5.65% | Buy |
| ADC | Agree Realty | - | - | -8.12% | Buy |
| SKT | Tanger | - | - | -12.74% | Buy |
| MAC | Macerich Company | - | - | -19.48% | Buy |