The Macerich Company Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, The Macerich Company stock has a consensus rating of "Buy" and an average price target of $25.25. The average 1-year stock price forecast is 2.25% lower than the current stock price, while the lowest is $19 (-26.44%) and the highest is $30 (+16.14%).

Price Target: $25.25 (-2.25%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$19	$25.25	$25.5	$30
Change	-26.44%	-2.25%	-1.28%	+16.14%

Analyst Ratings

The average analyst rating for The Macerich Company stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	6	7	7	7	7	8
Buy	1	0	2	2	1	1
Hold	7	7	5	5	6	6
Sell	1	1	1	1	1	0
Strong Sell	1	1	1	1	1	1
Total	16	16	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kenneth Billingsley Compass Point	Compass Point	Hold Downgrades $23 → $26	Hold	Downgrades	$23 → $26	+0.66%	Jun 26, 2026
Craig Mailman Citi	Citi	Buy Upgrades $24 → $28	Buy	Upgrades	$24 → $28	+8.40%	Jun 23, 2026
Michael Lewis Truist Financial	Truist Financial	Buy Maintains $20 → $26	Buy	Maintains	$20 → $26	+0.66%	Jun 23, 2026
Michael Mueller J.P. Morgan	J.P. Morgan	Hold Upgrades $25	Hold	Upgrades	$25	-3.21%	Jun 23, 2026
Ronald Kamdem Morgan Stanley	Morgan Stanley	Hold Maintains $20 → $25	Hold	Maintains	$20 → $25	-3.21%	Jun 18, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

969.63M

from 1.04B

-6.86%

from 1.04B

Revenue Next Year

1.01B

from 969.63M

4.38%

from 969.63M

EPS This Year

-0.14

from -0.30

EPS Next Year

0.11

from -0.14

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	867.96M	865.51M	856.41M	899.30M	1.04B	969.63M
Revenue Growth	14.36%	-0.28%	-1.05%	5.01%	15.76%	-6.86%
Net Income	14.26M	-66.07M	-274.07M	-194.12M	-197.15M	-39.59M
EPS	-	-	-	-	-0.30	-0.14
Dividend / Share	0.60	0.62	0.68	0.68	0.68	0.69
Dividend Growth	-	3.33%	9.68%	-	-	1.16%
Free Cash Flow	344.39M	283.19M	343.41M	370.23M	421.87M	73.65M
FFO	423.20M	437.53M	413.21M	365.34M	396.97M	410.34M
FFO / Share	2.03	1.96	1.84	1.58	1.50	1.49
P/FFO	6.92	4.92	7.63	11.94	12.11	17.32
No. Analysts	-	-	-	-	-	7

EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.0B
Avg	969.6M
Low	939.9M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-1.9%
Avg	-6.9%
Low	-9.7%

EPS Forecast

EPS	2026	2027	2028
High	-0.13
Avg	-0.14
Low	-0.15

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-