Macerich Co

Macerich Co (MAC) Stock Analysis

$23.750

-0.169 (-0.71%)At close

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High
24.310
Open
24.170
VWAP
23.93
Vol
1.32M
Mkt Cap
3.27B
Low
23.720
Amount
31.70M
EV/EBITDA, TTM
22.35

The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT). The Company is the sole general partner of, and owns a majority of the ownership interests in, The Macerich Partnership, L.P. (the Operating Partnership). As an owner, operator, and developer of retail real estate in United States markets, the Company’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. The Company is developing and managing properties that serve as community cornerstones. It owns interests in approximately 39 retail centers. Its properties include Arrowhead Towne Center, Danbury Fair, Desert Sky Mall, Eastland Mall, Fashion District Philadelphia, Fashion Outlets of Chicago, The Village at Corte Madera, Washington Square, Vintage Faire Mall, Broadway Plaza, Superstition Springs Center, Crabtree, and others.

AI analysis of Macerich Co (MAC)

hold

Macerich Co is currently trading at $23.75, which is below the analyst price target of $30, indicating potential upside. However, the RSI is at a low 22.198, suggesting the stock is oversold, which could indicate a buying opportunity. The forward P/E ratio is extremely high at 454.55, indicating that investors are expecting significant future growth, but this also poses a risk if the company fails to meet those expectations. The main risk is the negative net income trend, with a net margin of -10.75% in the latest quarter, which raises concerns about profitability.

Analyst Ratings (19)

-16.63% downside
Hold
5 Buy
13 Hold
1 Sell
Current: 23.75
Low
18.00
Average
19.80
High
23.00

Piper Sandler

2026-08-27

Price Target

$30

Overweight

Citi

2026-08-11

Price Target

$29

Buy

Evercore ISI

2026-08-06

Price Target

$25

In Line

Mizuho

2026-08-05

Price Target

$28

Outperform

Piper Sandler

2026-07-21

Price Target

$28

Neutral

Valuation Metrics

The current forward P/E ratio for Macerich Co (MAC) is 454.55, compared to its 5-year average forward P/E of -151.18.

Forward P/E

Fair
5Y Average P/E
-151.18
Current P/E
454.55
Overvalued
485.31
Undervalued
-787.67

Forward EV/EBITDA

Overvalued
5Y Average EV/EBITDA
15.06
Current EV/EBITDA
22.35
Overvalued
19.13
Undervalued
10.99

Forward P/S

Strongly Overvalued
5Y Average P/S
4.15
Current P/S
7.13
Overvalued
5.45
Undervalued
2.85

Alphio AI Price Scenarios for MAC

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%MAC

$16.65

Scenario price

B

Base

Base · 50%MAC

$15.02

Scenario price

B

Bear

Bear · 25%MAC

$12.94

Scenario price

Whales holding MAC

S

Smead Capital Management, Inc.

+ HoldingMAC

+9.72%

3M Return

C

CenterSquare Investment Management LLC

+ HoldingMAC

+5.02%

3M Return

B

Burkehill Global Management, LP

+ HoldingMAC

-8.72%

3M Return

G

Ghisallo Capital Management LLC

+ HoldingMAC

-21.71%

3M Return

MAC FAQ — answered by Alphio AI

The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT). The Company is the sole general partner of, and owns a majority of the ownership interests in, The Macerich Partnership, L.P. (the Operating Partnership). As an owner, operator, and developer of retail real estate in United States markets, the Company’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. The Company is developing and managing properties that serve as community cornerstones. It owns interests in approximately 39 retail centers. Its properties include Arrowhead Towne Center, Danbury Fair, Desert Sky Mall, Eastland Mall, Fashion District Philadelphia, Fashion Outlets of Chicago, The Village at Corte Madera, Washington Square, Vintage Faire Mall, Broadway Plaza, Superstition Springs Center, Crabtree, and others. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).

Macerich Co is currently trading at $23.75, which is below the analyst price target of $30, indicating potential upside. However, the RSI is at a low 22.198, suggesting the stock is oversold, which could indicate a buying opportunity. The forward P/E ratio is extremely high at 454.55, indicating that investors are expecting significant future growth, but this also poses a risk if the company fails to meet those expectations. The main risk is the negative net income trend, with a net margin of -10.75% in the latest quarter, which raises concerns about profitability.

19 analysts cover MAC: 5 rate it Buy, 13 Hold and 1 Sell. The average price target is 19.80.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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