The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
20.14
-0.45 (-2.16%)
Dec 27, 2024, 3:59 PM EST - Market closed
The Macerich Company Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for MAC stock have an average target of 18.42, with a low estimate of 14 and a high estimate of 23. The average target predicts a decrease of -8.52% from the current stock price of 20.14.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MAC stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 4 | 4 | 7 |
| Sell | 3 | 3 | 3 | 3 | 3 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 8 | 8 | 9 | 9 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Sell → Hold Upgrades $22 | Sell → Hold | Upgrades | $22 | +9.26% | Dec 17, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $22 | Hold | Initiates | $22 | +9.26% | Dec 17, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $14 → $17 | Sell | Maintains | $14 → $17 | -15.57% | Dec 11, 2024 |
| Mizuho | Mizuho | Sell → Hold Upgrades $14 → $22 | Sell → Hold | Upgrades | $14 → $22 | +9.26% | Dec 4, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $20 → $23 | Strong Buy | Maintains | $20 → $23 | +14.23% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
836.16M
Revenue Next Year
860.60M
from 836.16M
Increased by 2.92%
EPS This Year
0.39
from -1.28
EPS Next Year
-0.17
from 0.39
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 922.7M | 991.3M | 1.4B | |||
| Avg | 836.2M | 860.6M | 940.8M | |||
| Low | 767.8M | 779.1M | 759.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 18.5% | 58.7% | |||
| Avg | - | 2.9% | 9.3% | |||
| Low | - | -6.8% | -11.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.66 | - | 0.08 |
| Avg | 0.39 | -0.17 | -0.00 |
| Low | 0.10 | -0.30 | -0.18 |
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.