What is KeyCorp’s Forecast for Macerich Q1 Earnings?

Macerich Company (The) (NYSE:MAC) – Investment analysts at KeyCorp issued their Q1 2026 earnings estimates for shares of Macerich in a research report issued on Sunday, February 22nd. KeyCorp analyst T. Thomas forecasts that the real estate investment trust will post earnings per share of $0.30 for the quarter. KeyCorp has a “Strong-Buy” rating on the stock. The consensus estimate for Macerich’s current full-year earnings is $1.55 per share. KeyCorp also issued estimates for Macerich’s Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.48 EPS, FY2026 earnings at $1.47 EPS, Q1 2027 earnings at $0.37 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.42 EPS, Q4 2027 earnings at $0.53 EPS and FY2027 earnings at $1.69 EPS.

Macerich (NYSE:MAC) last posted its quarterly earnings data on Wednesday, February 18th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.50). Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.The business had revenue of $261.70 million during the quarter, compared to the consensus estimate of $260.48 million. During the same quarter in the previous year, the firm posted $0.47 earnings per share. The company’s revenue for the quarter was down 4.4% on a year-over-year basis.

Several other equities research analysts have also recently weighed in on the company. Scotiabank increased their price objective on Macerich from $18.00 to $19.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. Jefferies Financial Group reissued a “buy” rating and issued a $21.00 price target on shares of Macerich in a report on Monday, December 15th. Mizuho set a $21.00 price target on shares of Macerich in a research report on Friday, January 9th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Macerich in a research report on Thursday, January 22nd. Finally, Truist Financial increased their target price on shares of Macerich from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $20.20.

Macerich Stock Performance

MAC opened at $20.27 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.02 and a debt-to-equity ratio of 2.01. The stock’s 50 day moving average price is $18.71 and its two-hundred day moving average price is $17.97. The firm has a market capitalization of $5.19 billion, a P/E ratio of -26.33, a price-to-earnings-growth ratio of 4.51 and a beta of 2.16. Macerich has a 12-month low of $12.48 and a 12-month high of $20.85.

Institutional Investors Weigh In On Macerich

Large investors have recently modified their holdings of the stock. Invesco Ltd. lifted its position in shares of Macerich by 1.7% during the 4th quarter. Invesco Ltd. now owns 613,957 shares of the real estate investment trust’s stock worth $11,334,000 after buying an additional 10,287 shares during the period. Corient Private Wealth LLC acquired a new position in Macerich during the fourth quarter worth $215,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Macerich during the fourth quarter valued at $192,000. Empowered Funds LLC acquired a new stake in shares of Macerich in the 4th quarter valued at $414,000. Finally, Wellington Management Group LLP boosted its stake in shares of Macerich by 139.8% in the 4th quarter. Wellington Management Group LLP now owns 3,675,803 shares of the real estate investment trust’s stock valued at $67,855,000 after purchasing an additional 2,142,737 shares in the last quarter. 87.38% of the stock is currently owned by institutional investors.

Macerich Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.17 per share. The ex-dividend date is Monday, March 16th. This represents a $0.68 dividend on an annualized basis and a yield of 3.4%. Macerich’s dividend payout ratio (DPR) is currently -88.31%.

Macerich Company Profile

The Macerich Company (NYSE: MAC) is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States. Headquartered in Santa Monica, California, the company focuses on high-quality retail properties, including enclosed malls, open-air centers and mixed-use lifestyle destinations. Since its establishment as a REIT in 1994, Macerich has pursued a disciplined strategy of investing in properties that serve strong consumer demographics and offer long-term growth potential.

Macerich’s core activities encompass property and asset management, leasing, marketing and redevelopment services.