The Macerich Company (MAC)
NYSE: MAC · IEX Real-Time Price · USD
14.61
-0.04 (-0.27%)
Jul 2, 2024, 4:00 PM EDT - Market closed
The Macerich Company Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MAC stock have an average target of 14.64, with a low estimate of 11 and a high estimate of 18. The average target predicts an increase of 0.21% from the current stock price of 14.61.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for MAC stock from 7 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 5 | 5 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $14 → $13 | Strong Sell | Maintains | $14 → $13 | -14.44% | Jun 17, 2024 |
| Scotiabank | Scotiabank | Hold → Sell Downgrades $16 → $14 | Hold → Sell | Downgrades | $16 → $14 | -4.18% | May 17, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $20 → $18 | Strong Buy | Maintains | $20 → $18 | +23.20% | May 1, 2024 |
| Mizuho | Mizuho | Sell Maintains $17 → $14 | Sell | Maintains | $17 → $14 | -4.18% | May 1, 2024 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $17 → $11 | Hold → Sell | Downgrades | $17 → $11 | -24.71% | May 1, 2024 |
Financial Forecast
Revenue This Year
830.79M
from 884.07M
Decreased by -6.03%
Revenue Next Year
864.52M
from 830.79M
Increased by 4.06%
EPS This Year
-0.47
from -1.28
EPS Next Year
-0.03
from -0.47
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 917.8M | 1.0B | 1.0B | 1.1B | 1.1B |
| Avg | 830.8M | 864.5M | 845.8M | 1.0B | 1.1B |
| Low | 693.7M | 683.1M | 676.1M | 999.1M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.8% | 22.9% | 19.7% | 26.5% | 9.4% |
| Avg | -6.0% | 4.1% | -2.2% | 21.8% | 5.2% |
| Low | -21.5% | -17.8% | -21.8% | 18.1% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.15 | 0.16 | 0.19 |
| Avg | -0.47 | -0.03 | 0.12 |
| Low | -0.61 | -0.13 | 0.06 |
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.