The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
19.30
+0.69 (3.71%)
Nov 7, 2024, 4:00 PM EST - Market closed
The Macerich Company Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for MAC stock have an average target of 16.4, with a low estimate of 14 and a high estimate of 23. The average target predicts a decrease of -15.03% from the current stock price of 19.30.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MAC stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 3 | 4 | 4 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 7 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Strong Buy Maintains $20 → $23 | Strong Buy | Maintains | $20 → $23 | +19.17% | Nov 7, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | -1.55% | Oct 11, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $13 → $15 | Strong Sell | Maintains | $13 → $15 | -24.35% | Sep 19, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $11 → $14 | Sell | Maintains | $11 → $14 | -27.46% | Sep 3, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $15 → $16 | Hold | Maintains | $15 → $16 | -17.10% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
841.21M
Revenue Next Year
871.64M
from 841.21M
Increased by 3.62%
EPS This Year
0.56
from -1.28
EPS Next Year
-0.20
from 0.56
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 915.5M | 991.3M | 1.4B | ||
| Avg | 841.2M | 871.6M | 954.3M | ||
| Low | 784.6M | 779.1M | 759.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 17.8% | 56.5% | ||
| Avg | - | 3.6% | 9.5% | ||
| Low | - | -7.4% | -12.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.66 | - | 0.06 |
| Avg | 0.56 | -0.20 | -0.09 |
| Low | 0.42 | -0.41 | -0.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.