The Macerich Company (MAC) Stock Price & Analysis
The Macerich Company (MAC) closed at USD 23.09 on Thursday, October 15, 2026, up 4.10% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 22.18; the Oct 15, 2026 session ranged USD 22.36–23.2 on volume of 3,975,268 shares. Market capitalization is $6.81B, with a 52-week range of USD 16.03–26.68 (NYQ). Source: Nexqual, retrieved October 16, 2026 at 05:19 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MAC.md
Key facts (MAC)
- Last four reported quarters (through Jun 30, 2026): revenue $1.01B, net income -$170M (-16.8% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $64K; 1 not under a Rule 10b5-1 plan ($64K).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (16 analysts), mean target USD 26.63 (range 20–30).
- Total return with dividends: 1Y +40.1% vs S&P 500 +18.1%; 5Y +62.5% vs S&P 500 +85.1%.
- Next earnings: 2026-11-04, EPS estimate USD -0.01, revenue estimate $248M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MAC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $847M | $859M | $884M | $918M | $1.01B | $1.01B |
| Net income | $14.3M | -$66.1M | -$274M | -$194M | -$197M | -$170M |
| EPS (diluted) | $0.07 | -$0.31 | -$1.28 | -$0.88 | -$0.78 | — |
| Net margin | 1.7% | -7.7% | -31.0% | -21.1% | -19.4% | -16.8% |
| Revenue growth | +7.8% | +1.4% | +2.9% | +3.9% | +10.4% | — |
| Cash + short-term investments | $112M | $100M | $94.9M | $89.9M | $280M | — |
| Total debt | $4.42B | $4.24B | $4.14B | $4.89B | $5.07B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MAC)
P/S 6.8x · EV/Sales 11.4x · P/B 2.4x · Earnings yield -2.49% · Dividend yield (paid, TTM) 2.83% · Net debt $4.62B · EV $11.4B
Insider sales (SEC Form 4, open-market, last ~7 months) (MAC)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan |
|---|---|---|---|---|---|---|
| 2026-09-09 | Zecchini Christopher J | Chief Accounting Officer | 2,740 | $64K | 76.4% | No |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Analysts (MAC)
Consensus Buy (mean 2.00 on a 1–5 scale), 16 analysts; mean target USD 26.63 (low 20, high 30).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Piper Sandler | Target lowered | Overweight | $30 → $26 |
| 2026-09-24 | JP Morgan | Upgrade | Neutral → Overweight | $26 |
| 2026-09-21 | Evercore ISI Group | Upgrade | In-Line → Outperform | $26 |
| 2026-08-27 | Piper Sandler | Upgrade | Neutral → Overweight | $28 → $30 |
| 2026-08-18 | Evercore ISI Group | Target raised | In-Line | $25 → $26 |
| 2026-08-11 | Citigroup | Target raised | Buy | $28 → $29 |
| 2026-08-06 | Evercore ISI Group | Target raised | In-Line | $24 → $25 |
| 2026-07-21 | Piper Sandler | Target raised | Neutral | $21 → $28 |
| 2026-07-07 | Evercore ISI Group | Target raised | In-Line | $22 → $24 |
| 2026-06-26 | Compass Point | Downgrade | Buy → Neutral | $23 → $26 |
| 2026-06-24 | Truist Securities | Target raised | Buy | $20 → $26 |
| 2026-06-24 | Citigroup | Upgrade | Neutral → Buy | $24 → $28 |
Total return (dividends reinvested) (MAC)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | +40.1% | +62.5% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +40.3% | +10.2% |
| Volatility (annualized) | 29.2% | 40.2% |
| Max drawdown | -15.7% (Jul 2026→Oct 2026) | -63.1% (Nov 2021→Sep 2022) |
Key Statistics (as of October 16, 2026 at 05:19 UTC)
| Price | USD 23.09 |
|---|---|
| Change | ▲ 4.10% (up) |
| Previous Close | USD 22.18 |
| Open | USD 22.42 |
| Day Range | USD 22.36 – 23.2 |
| 52-Week Range | USD 16.03 – 26.68 |
| Volume | 3,975,268 shares |
| Market Cap | $6.81B |
| Exchange | NYQ |
Technical Analysis (MAC)
Nexqual's technical model rates MAC "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 16, 2026 at 05:19 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 53.53 (neutral) |
| vs SMA50 | Below (USD 23.3) |
| MACD | -0.2 (negative) |
Analyst Ratings (MAC)
Wall Street analysts rate MAC "Buy" based on 16 analysts, with a mean price target of USD 26.63 (range USD 20–30), per Nexqual as of October 16, 2026 at 05:19 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 16 |
| Mean Target | USD 26.63 |
| High Target | USD 30 |
| Low Target | USD 20 |
| Buy / Hold / Sell | 13 / 2 / 1 |
Earnings (MAC)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD -0.01 |
| Revenue Estimate | $248.04M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.12 vs est -0.06 ▼ miss |
| 2026-03-31 | USD -0.16 vs est -0.1 ▼ miss |
| 2025-12-31 | USD 0.03 vs est 0.01 ▲ beat |
| 2025-09-30 | USD -0.16 vs est -0.1 ▼ miss |
Source: Nexqual, October 16, 2026 at 05:19 UTC.
Financials & Fundamentals (MAC)
| Total Revenue | $1.03B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +1.20% |
| Gross Margin | +54.91% |
| Operating Margin | +16.26% |
| Profit Margin | -16.50% |
| ROE | -6.18% |
| Debt / Equity | 1.69 |
| Current Ratio | 0.33 |
| Total Cash | $227.03M |
| Total Debt | $4.91B |
Source: Nexqual, October 16, 2026 at 05:19 UTC.
Financial Health Score (MAC)
Nexqual rates The Macerich Company's overall financial health "Mixed" across five dimensions, as of October 16, 2026 at 05:19 UTC.
| Growth | Solid — Revenue +10% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 55%, operating 16% |
| Balance Sheet | Critical — $227M cash vs $4.91B debt |
| Cash Flow | Solid — Operating cash flow $322M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -6%, ROA 1.3% |
Ownership (MAC)
| Insider Ownership | +0.35% |
|---|---|
| Institutional Ownership | +113.66% |
| Shares Outstanding | 283.56M |
| Float | 283.34M |
| Short % of Float | +16.10% |
Source: Nexqual, October 16, 2026 at 05:19 UTC.
Leadership (MAC)
The Macerich Company is led by Jackson Hsieh (age 64), President, CEO & Director, per Nexqual as of October 16, 2026 at 05:19 UTC.
| President, CEO & Director | Jackson Hsieh (age 64) |
|---|---|
| CFO, Treasurer & Senior EVP | Daniel E. Swanstrom (age 48) |
| Independent Director | Andrea Mary Stephen C.A. (age 61) |
| Executive Vice President of Investments | David Keane |
| Senior Vice President of Information Technology | Tom Birdsall |
Major Backers & Investors (MAC)
Notable institutional backers of The Macerich Company include FMR, LLC, Smead Capital Management, Inc., Smead Funds Trust-Smead Value Fund, according to Nexqual as of October 16, 2026 at 05:19 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 11.1% |
| Smead Capital Management, Inc. | 4.05% |
| Smead Funds Trust-Smead Value Fund | 3.36% |
| CenterSquare Investment Management LLC | 3.17% |
| Principal Financial Group, Inc. | 2.47% |
| Charles Schwab Investment Management, Inc. | 2.04% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 27.94% |
| Vanguard Group | 25.55% |
| State Street | 5.76% |
| Geode Capital | 3.06% |
Source: Nexqual, October 16, 2026 at 05:19 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NNN | NNN REIT, Inc. | USD 41.15 | ▲ 1.6% |
| EPRT | Essential Properties Realty Tru | USD 25.96 | ▲ 1.09% |
| ADC | Agree Realty Corporation | USD 66.56 | ▲ 1.76% |
| BRX | Brixmor Property Group Inc. | USD 27.43 | ▲ 0.55% |
| PECO | Phillips Edison & Company, Inc. | USD 37.96 | ▲ 0.66% |
| KRG | Kite Realty Group Trust | USD 24.52 | ▲ 1.66% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:19 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt