The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
21.87
+0.27 (1.25%)
At close: May 18, 2026, 4:00 PM EDT
21.87
0.00 (0.00%)
After-hours: May 18, 2026, 7:00 PM EDT

The Macerich Company Statistics

Total Valuation

MAC has a market cap or net worth of $6.45 billion. The enterprise value is $11.26 billion.

Market Cap6.45B
Enterprise Value 11.26B

Important Dates

The last earnings date was Wednesday, May 6, 2026, after market close.

Earnings Date May 6, 2026
Ex-Dividend Date Jun 15, 2026

Share Statistics

MAC has 294.77 million shares outstanding. The number of shares has increased by 10.56% in one year.

Current Share Class 283.46M
Shares Outstanding 294.77M
Shares Change (YoY) +10.56%
Shares Change (QoQ) +0.55%
Owned by Insiders (%) 0.23%
Owned by Institutions (%) 93.90%
Float 282.72M

Valuation Ratios

Price/FFO Ratio 14.86
Price/AFFO Ratio n/a
PE Ratio n/a
Forward PE n/a
PS Ratio 6.29
Forward PS 6.46
PB Ratio 2.34
P/TBV Ratio 2.79
P/FCF Ratio n/a
P/OCF Ratio 20.76
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 11.00
EV / EBITDA 20.86
EV / EBIT 60.92
EV / FCF n/a

Financial Position

The company has a current ratio of 0.36, with a Debt / Equity ratio of 1.99.

Current Ratio 0.36
Quick Ratio 0.28
Debt / Equity 1.99
Debt / EBITDA 9.02
Debt / FCF n/a
Interest Coverage 0.66

Financial Efficiency

Return on equity (ROE) is -7.11% and return on invested capital (ROIC) is 2.44%.

Return on Equity (ROE) -7.11%
Return on Assets (ROA) 1.37%
Return on Invested Capital (ROIC) 2.44%
Return on Capital Employed (ROCE) 2.61%
Weighted Average Cost of Capital (WACC) 10.88%
Revenue Per Employee $1.71M
Profits Per Employee -$307,972
Employee Count598
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

Income Tax -4.01M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +36.43% in the last 52 weeks. The beta is 2.11, so MAC's price volatility has been higher than the market average.

Beta (5Y) 2.11
52-Week Price Change +36.43%
50-Day Moving Average 20.51
200-Day Moving Average 18.65
Relative Strength Index (RSI) 54.62
Average Volume (20 Days) 3,592,432

Short Selling Information

The latest short interest is 11.84 million, so 4.02% of the outstanding shares have been sold short.

Short Interest 11.84M
Short Previous Month 13.52M
Short % of Shares Out 4.02%
Short % of Float 4.19%
Short Ratio (days to cover) 4.89

Income Statement

In the last 12 months, MAC had revenue of $1.02 billion and -$184.17 million in losses. Loss per share was -$0.72.

Revenue1.02B
Gross Profit 564.43M
Operating Income 184.88M
Pretax Income -190.81M
Net Income -184.17M
EBITDA 539.88M
EBIT 184.88M
Loss Per Share -$0.72
Full Income Statement

Balance Sheet

The company has $182.03 million in cash and $5.00 billion in debt, with a net cash position of -$4.82 billion or -$16.34 per share.

Cash & Cash Equivalents 182.03M
Total Debt 5.00B
Net Cash -4.82B
Net Cash Per Share -$16.34
Equity (Book Value) 2.51B
Book Value Per Share 9.35
Working Capital -715.60M
Full Balance Sheet

Cash Flow

Operating Cash Flow 310.49M
Capital Expenditures n/a
Depreciation & Amortization 347.60M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 55.10%, with operating and profit margins of 18.05% and -17.90%.

Gross Margin 55.10%
Operating Margin 18.05%
Pretax Margin -18.63%
Profit Margin -17.90%
EBITDA Margin 52.71%
EBIT Margin 18.05%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 3.15%.

Dividend Per Share $0.68
Dividend Yield 3.15%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -10.56%
Shareholder Yield -7.45%
Earnings Yield -2.86%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for MAC is $22.31, which is 2.01% higher than the current price. The consensus rating is "Buy".

Price Target $22.31
Price Target Difference 2.01%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (5Y) 1.87%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 3