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Macerich Co.

4,875
Mkt Cap
$5.83B
Volume
15.00
52W High
$22.56
52W Low
$14.82
PE Ratio
-75.66
MAC Fundamentals
Price
$22.23
Prev Close
$21.50
Open
$21.74
50D MA
$20.23
Beta
1.40
Avg. Volume
2.41M
EPS (Annual)
-$0.2931
P/B
2.33
Rev/Employee
$1.7M
$9,533.99
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Earnings Recap

• Reported GAAP EPS of -$0.14 up 30.00% YoY • Reported revenue of $241.54M down -3.08% YoY • Macerich expects strong NOI growth for its Go-Forward Portfolio starting in the second half of 2026, accelerating through 2027 and 2028. New store leases are anticipated to generate approximately $116 million in gross revenue.

Bullish

Macerich improved its net loss and grew adjusted FFO while increasing portfolio occupancy to 93.4%. The company also strategically acquired Annapolis Mall and enhanced its credit facility.

Bearish

Macerich faced a $76.5 million loan default at Twenty Ninth Street, a significant increase in joint venture losses, and a decline in total revenues during the first quarter.

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