The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
17.38
-0.13 (-0.74%)
Sep 26, 2024, 4:00 PM EDT - Market closed
The Macerich Company Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for MAC stock have an average target of 15.45, with a low estimate of 14 and a high estimate of 18. The average target predicts a decrease of -11.10% from the current stock price of 17.38.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MAC stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 2 | 2 | 3 | 3 |
| Sell | 1 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 7 | 7 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $13 → $15 | Strong Sell | Maintains | $13 → $15 | -16.00% | Sep 19, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $11 → $14 | Sell | Maintains | $11 → $14 | -19.45% | Sep 3, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $15 → $16 | Hold | Maintains | $15 → $16 | -7.94% | Aug 28, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $14 → $13 | Strong Sell | Maintains | $14 → $13 | -28.08% | Jun 17, 2024 |
| Scotiabank | Scotiabank | Hold → Sell Downgrades $16 → $14 | Hold → Sell | Downgrades | $16 → $14 | -19.45% | May 17, 2024 |
Financial Forecast
Revenue This Year
828.32M
Revenue Next Year
874.14M
from 828.32M
Increased by 5.53%
EPS This Year
0.48
from -1.28
EPS Next Year
-0.15
from 0.48
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 901.0M | 991.3M | 1.4B | ||
| Avg | 828.3M | 874.1M | 988.3M | ||
| Low | 758.5M | 800.5M | 789.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 19.7% | 56.0% | ||
| Avg | - | 5.5% | 13.1% | ||
| Low | - | -3.4% | -9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.66 | - | 0.06 |
| Avg | 0.48 | -0.15 | -0.04 |
| Low | -0.14 | -0.38 | -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.