MAC Share Price | Macerich Co. Stock Analysis & Recommendation

Q: How big is Macerich Co.?

Market Cap: As of Jun 18, Macerich Co. has a market capitalization of 4,166.05 million, categorizing it as a Small Cap company.Recent Quarterly Performance: For the latest four quarters, Macerich Co. reported net sales of 963.43 million and a net profit of -118.48 million.Balance Sheet Snapshot: As of Dec'24, the shareholder's funds amounted to 2,756.49 million, while total assets were reported at 8,567.04 million.

Q: What does Macerich Co. do?

Overview:The Macerich Company is a self-administered and self-managed real estate investment trust (REIT) focused on the acquisition, ownership, development, redevelopment, management, and leasing of regional shopping centers in the Realty industry.Financial Snapshot:Most recent Net Sales: 251 Million (Quarterly Results - Mar 2025) Most recent Net Profit: -51 Million (Quarterly Results - Mar 2025) Market-cap: USD 4,166.05 Million (Small Cap)Key Metrics:P/E: NA (Loss Making) Industry P/E: NA Dividend Yield: 351.35% Debt Equity: -999,999.00 Return on Equity: -4.99% Price to Book: 1.56Contact Details:Address: 401 Wilshire Blvd Ste 700, SANTA MONICA CA : 90401-1452 Tel: 1 310 3946000 Website: http://www.macerich.com/

Q: Is Macerich Co. overvalued or undervalued?

As of 27 February 2025, the valuation grade for Macerich Co. has moved from fair to risky, indicating a deterioration in its investment appeal. The company appears to be overvalued given its current metrics, particularly with a Price to Book Value of 1.59, an EV to EBIT of 21.11, and an EV to EBITDA of 7.74. In comparison to peers, Macerich Co. has a notably negative P/E ratio of -9.80, while Broadstone Net Lease, Inc. shows a more attractive EV to EBITDA of 9.17, suggesting that Macerich is not performing as favorably within its industry.Despite a strong dividend yield of 344.81%, the company's negative ROE of -4.99% raises concerns about its profitability. Additionally, while Macerich has outperformed the S&P 500 over the last three and five years, with returns of 95.48% and 136.98% respectively, it has underperformed in the short term, with a year-to-date return of -10.89% compared to the S&P 500's 12.22%. This mixed performance further supports the view that Macerich Co. is currently overvalued.

Q: Is Macerich Co. technically bullish or bearish?

As of 3 October 2025, the technical trend for Macerich Co. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supported by bullish signals from the Bollinger Bands and KST. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The daily moving averages are also bullish, suggesting positive momentum in the short term. The Dow Theory shows a mildly bearish stance on the weekly chart, while the monthly chart indicates no trend. There is no available return data to compare the company's performance against the S&P 500. Overall, the current stance is mildly bullish, with strength primarily driven by the weekly MACD and Bollinger Bands.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

445.09 k

Shareholding (Dec 2025)

FII

18.11%

Held by 173 FIIs

DII

27.4%

Held by 83 DIIs

Promoter

0.45%

How big is Macerich Co.?

22-Jun-2025

As of Jun 18, Macerich Co. has a market capitalization of 4,166.05 million, with net sales of 963.43 million and a net profit of -118.48 million over the latest four quarters. As of Dec'24, shareholder's funds were 2,756.49 million, and total assets were 8,567.04 million.

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What does Macerich Co. do?

22-Jun-2025

Macerich Co. is a self-managed REIT specializing in the acquisition, development, and management of regional shopping centers. As of March 2025, it reported net sales of $251 million and a net loss of $51 million, with a market cap of approximately $4.17 billion.

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Who are in the management team of Macerich Co.?

22-Jun-2025

As of March 2022, the management team of Macerich Co. includes Mr. Steven Hash (Independent Chairman), Mr. Edward Coppola (President), and Mr. Thomas O'Hern (CEO). The Board of Directors also features independent members such as Ms. Peggy Alford and Mr. John Alschuler.

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Is Macerich Co. overvalued or undervalued?

20-Sep-2025

As of February 27, 2025, Macerich Co. is considered risky and overvalued due to a negative P/E ratio, high valuation metrics compared to peers, and concerns over profitability despite a strong dividend yield, alongside mixed performance relative to the S&P 500.

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Is Macerich Co. technically bullish or bearish?

07-Oct-2025

As of October 3, 2025, Macerich Co. shows a mildly bullish trend driven by positive weekly MACD and Bollinger Bands, despite some caution from monthly indicators and a mildly bearish weekly Dow Theory stance.

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 0%

Poor long term growth as Net Sales has grown by an annual rate of 1.03% and Operating profit at -37.16%

Negative results in Jun 25

Risky -

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Realty

Market cap

USD 5,062 Million (Small Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

289.14%

Debt Equity

-999,999.00

Return on Equity

-11.03%

Price to Book

2.07

Revenue and Profits:

Net Sales:

264 Million

(Quarterly Results - Dec 2025)

Net Profit:

-240 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-1.26%

6 Months

12.23%

1 Year

7.92%

2 Years

12.57%

3 Years

98.21%

4 Years

27.09%

5 Years

54.94%

Macerich Co. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

3.50%

EBIT Growth (5y)

-8.13%

EBIT to Interest (avg)

0.48

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

0.50%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

3.71%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

2.07

EV to EBIT

49.18

EV to EBITDA

10.37

EV to Capital Employed

2.26

EV to Sales

4.96

PEG Ratio

Dividend Yield

289.14%

ROCE (Latest)

4.59%

ROE (Latest)

-11.03%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Dow Theory

No Trend

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 82 Schemes (53.95%)

Foreign Institutions

Held by 173 Foreign Institutions (18.11%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val2": "275.30",
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          "val2": "143.10",
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          "field": "Interest",
          "val1": "69.80",
          "val2": "70.90",
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          "chgp_class": "positive"
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          "field": "Exceptional Items",
          "val1": "0.00",
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          "val2": "-219.90",
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    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
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          "val1": "524.80",
          "val2": "473.60",
          "chgp": "10.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "283.50",
          "val2": "233.80",
          "chgp": "21.26%",
          "chgp_class": "negative"
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          "val2": "14.40",
          "chgp": "-100.00%",
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          "field": "Consolidate Net Profit",
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          "val2": "-198.60",
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          "chgp_class": "negative"
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          "val2": "193.40%",
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Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY

Dec'25

Dec'24

Change(%)

Net Sales

263.60

275.30

-4.25%

Operating Profit (PBDIT) excl Other Income

135.60

143.10

-5.24%

Interest

69.80

70.90

-1.55%

Exceptional Items

0.00

14.40

-100.00%

Consolidate Net Profit

-239.90

-219.90

-9.10%

Operating Profit Margin (Excl OI)

-650.50%

224.10%

-87.46%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Dec 2025 is -4.25% vs 15.72% in Dec 2024

Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is -9.10% vs -431.67% in Dec 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

1,018.60

924.40

10.19%

Operating Profit (PBDIT) excl Other Income

524.80

473.60

10.81%

Interest

283.50

233.80

21.26%

Exceptional Items

0.00

14.40

-100.00%

Consolidate Net Profit

-201.80

-198.60

-1.61%

Operating Profit Margin (Excl OI)

164.70%

193.40%

-2.87%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 10.19% vs 4.88% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is -1.61% vs 28.82% in Dec 2024

All Annual Results

Company CV

About Macerich Co.

Macerich Co.

Realty

The Macerich Company is a self-administered and self-managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership, development, redevelopment, management, and leasing of regional shopping centers located throughout the United States. The Company owns ownership interests in The Macerich Partnership, L.P. (the Operating Partnership). The Company, through its operating partnership, owns ownership interests in 51 million square feet of real estate consisting primarily of 47 regional shopping centers. The Company's properties are concentrated in California, Arizona and the eastern United States including Santa Monica Place, Scottsdale Fashion Square, Queens Center, Kings Plaza, Tysons Corner Center and Fashion Outlets of Chicago.

Company Coordinates

Company Details

401 Wilshire Blvd Ste 700 , SANTA MONICA CA : 90401-1452

Tel: 1 310 3946000

http://www.macerich.com/

Registrar Details