The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
20.91
+0.04 (0.17%)
Dec 3, 2024, 2:04 PM EST - Market open
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 -21.55% from the current stock price of 20.91.
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 | +10.02% | Nov 7, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | -9.11% | Oct 11, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $13 → $15 | Strong Sell | Maintains | $13 → $15 | -30.16% | Sep 19, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $11 → $14 | Sell | Maintains | $11 → $14 | -33.03% | Sep 3, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $15 → $16 | Hold | Maintains | $15 → $16 | -23.46% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
833.26M
Revenue Next Year
862.64M
from 833.26M
Increased by 3.53%
EPS This Year
0.45
from -1.28
EPS Next Year
-0.18
from 0.45
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 915.5M | 991.3M | 1.4B | |||
| Avg | 833.3M | 862.6M | 938.6M | |||
| Low | 767.8M | 779.1M | 759.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 19.0% | 58.1% | |||
| Avg | - | 3.5% | 8.8% | |||
| Low | - | -6.5% | -12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.66 | - | 0.06 |
| Avg | 0.45 | -0.18 | -0.03 |
| 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.