Macerich Company, often referred to as MAC, is one of the leading real estate investment trusts (REITs) in the United States. The company was founded in 1964 by Mace Rich, hence its unique name. It is primarily involved in the acquisition, leasing, management, development, and redevelopment of regional malls throughout the United States.
MAC considers itself as an owner, operator and developer of leading retail real estate. With a portfolio that comprises approximately 51 million square feet of real estate, it is evident that MAC owns some of the finest malls and shopping centers in the country. These properties are primarily located in desirable, densely-populated areas with high consumer buying power.
One of the unique features of MAC is its constant focus on redevelopment lease-up properties. The company spends extensively on renovations and redevelopments that not only attract more traffic and top-quality tenants but also generate high sales productivity. This ensures they stay ahead of the latest trends and consumer demands, making them a solid competitor in the rapidly changing retail environment.
Over the years, MAC has capitalized on opportunities to enhance the value of its portfolio and focus on market-dominant shopping centers. The company considers its centers more than just places to shop, aiming to make them central, vibrant focal points for the local communities.
Macerich is committed to environmental sustainability and social responsibility. Their properties host numerous eco-friendly initiatives, such as solar energy production, energy-efficient lighting, and water conservation programs. The company has also been recognized for its corporate governance and sustainable practices, earning a place in numerous indexes and recognitions such as the FTSE4Good and Euronext Vigeo index series.
Financially, MAC has shown its ability to maintain robust occupancy levels, and it’s prominent leasing spreads indicate the demand for its high-quality retail spaces. It is also noted for its commitment to delivering long-term shareholder value through consistent cash flow growth and the potential for increased capital appreciation.
In conclusion, Macerich Company remains a strong player in the REIT market, providing excellent property management services whilst keeping up with evolving trends and consumer needs. With a solid portfolio, a conscious approach to sustainability, and constant value-generating initiatives, the company is well set to remain a force in the US real estate sector for the foreseeable future.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
JPMorgan has upgraded The Macerich Company (MAC) from Neutral to Overweight, setting a new price target of $26. This upgrade reflects a more positive outlook on the commercial REIT. The article also notes other recent analyst actions and company news, including Piper Sandler's upgrade to Overweight and Macerich's latest earnings results.
Tysons Corner Center is undergoing a major transformation with 43 new stores, including an Eataly food hall and retail store, following leadership changes and a strategic focus on securing first-to-market tenants. This overhaul has already resulted in a 10% increase in mall traffic this year, as the center shuffles its lineup to attract and retain shoppers.
Christopher J. Zecchini, Chief Accounting Officer at Macerich Co, sold 2,740 shares of the company's common stock for approximately $63,787. This insider sale follows strong year-to-date returns for MAC shares, which are up 27% and trading near $23.03. The company recently reported a 3.8% increase in net operating income and received an upgrade to Overweight from Piper Sandler, with a price target increase to $30.00.
_07_03_2026_03_50_21_133108.jpg)
Vanguard Portfolio Management has reported a 10.09% passive stake in Macerich Co (NYSE: MAC), holding 28,613,294 common shares. These shares were acquired and are held in the ordinary course of business, with no intention to alter or influence the company's control. The ownership position was reported as of August 31, 2026, and signed on September 4, 2026.
Shares of Macerich (MAC) have dropped 7.8% since its last earnings report, underperforming the S&P 500 despite beating Q2 2026 FFO and revenue estimates. The company's Q2 results were driven by stronger portfolio NOI, rising occupancy, and healthy tenant demand, with significant leasing activity and the acquisition of Annapolis Mall. Despite these positive operational indicators and upward estimate revisions, the stock holds a Zacks Rank #3 (Hold).
Piper Sandler has upgraded Macerich (NYSE: MAC) from Neutral to Overweight, setting a price target of $30. This upgrade was published on August 27, 2026, at 07:17 am EDT. The article also provides recent news about Macerich, including its Q2 2026 earnings results and various analyst ratings.
Macerich's fair value has increased to $26.63, driven by ongoing leasing progress, execution of its "Path Forward Plan," and recent financing activities including a senior notes offering and equity raise. Analysts present a mixed but generally constructive view, highlighting growth potential from acquisitions and balance sheet deleveraging, while also noting concerns about valuation reflecting progress and potential short-term dilution from the equity raise.