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StockVS

NYSE · REIT - Retail · USD

The Macerich Company (MAC) Stock Analysis

The Macerich Company (MAC) is a REIT - Retail stock listed on NYSE and quoted in US Dollar.

MAC

$23.24

+$0.18 (+0.78%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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MAC Key Statistics

As of Sep 4, 2026
Trading
Open
$23.04
Previous Close
$23.06
Day's Range
22.96–23.62
52-Week Range
16.03–26.68
Volume
2.11M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.06
Valuation
Market Cap
$6.86B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
516.44
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
4.80
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
6.67
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.66
Financials (FY)
Revenue (FY)
$973.47M+10.59%
Net Income (FY)
−$197.15M
Profit marginThe share of revenue left as profit after all costs and taxes.
−16.50%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
283.56M
1-Year Return
+29.99%
Dividend and dates
Dividend
$0.68+2.95%
Ex-Dividend Date
September 14, 2026
Earnings Date
November 3, 2026estimated
Avg Volume
3.57M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

MAC Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+27.90%
2025−3.72%
2024+34.48%
2023+45.69%
2022−31.57%
2021+68.49%
2020−56.69%
2019−32.18%
2018−30.56%
2017−2.81%
2016 (partial year)−16.37%

As of September 4, 2026.

MAC Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$973.47M−$197.15M−20.3%
2024$880.27M−$194.12M−22.1%
2023$839.21M−$274.07M−32.7%
2022$829.06M−$66.07M−8.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$973.47M$556.38M$167.76M−$197.15M−20.3%
2024$880.27M$487.94M$165.01M−$194.12M−22.1%
2023$839.21M$489.18M$177.58M−$274.07M−32.7%
2022$829.06M$468.81M$150.04M−$66.07M−8.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

MAC Dividend History

$0.68+0.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.342—
2025$0.684+0.0%
2024$0.684+0.0%
2023$0.684+9.7%
YearDividends per sharePaymentsChange
2026 (partial year)$0.342—
2025$0.684+0.0%
2024$0.684+0.0%
2023$0.684+9.7%
2022$0.624+3.3%
2021$0.604−47.8%
2020$1.154−61.7%
2019$3.004+1.0%
2018$2.974+3.5%
2017$2.874+304.2%
2016$0.711—

Most recent payment: $0.17 per share, ex-dividend June 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MAC Valuation vs REIT - Retail Median

Median of 32 stocks
MetricMACREIT - Retail medianvs median
P/S ratio6.677.248% below
Profit margin−16.50%29.46%46.0 pts below

Medians across 32 REIT - Retail stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values The Macerich Company (MAC) at $6.86B. It is classified in the REIT - Retail industry, within the Real Estate sector. Headcount on file is 596.

The 52-week range on file runs from $16.03 to $26.68. The most recent close on file for MAC is $23.24, dated September 4, 2026. That is +$0.18 (+0.78%) against the previous close. The latest close sits 44.98% above that 52-week low.

Financial Health

In fiscal 2025, The Macerich Company reported revenue of $973.47M. That is +10.59% against the prior fiscal year, when revenue was $880.27M. The same year closed with a net loss of $197.15M. Profit margin runs at −16.5%. That is 46 percentage points below the REIT - Retail median of 29.46%. Earnings per share on a trailing basis come to −0.66.

Across the 4 fiscal years on file, revenue moves from $829.06M in 2022 to $973.47M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The forward P/E on file is 516.44. The PEG ratio, which sets the P/E against expected earnings growth, reads 4.8. The price-to-sales ratio is 6.67. On price-to-sales that is 7.8% below the REIT - Retail median of 7.24. The medians here are taken across 32 REIT - Retail companies that report the metric.

The reported beta is 2.06. Daily returns over the trailing 10 years annualize to a volatility of 48.93%. Over the trailing twelve months the price has returned +29.99%. Across 10 years the annualized return works out at −7.04%.

Growth & Income

Shareholders receive a dividend, yielding 2.95% on the latest price. That is 1.5 percentage points below the REIT - Retail median yield of 4.41%. The indicated annual rate is $0.68 a share. The ex-dividend date on file is September 14, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.34 a share. The year before, 2025, totalled $0.68 a share.

Across the complete calendar years on file, 2021 returned +68.49% and 2020 returned −56.69%. Of the 9 complete calendar years on file, 3 finished higher. So far in 2026 the price is +27.90%.

Peer Comparison

The Macerich Company (MAC) operates in the REIT - Retail industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
The Macerich Company MAC $6.86B —
Simon Property Group, Inc. SPG $79.51B 14.8
Realty Income Corporation O $57.96B 45.0
Kimco Realty Corporation (HC) KIM $15.83B 27.4

The REIT - Retail industry average P/E ratio is 24.6x. The Macerich Company has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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 O

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Regency Centers Corporation

$14.07B

 FRT

Federal Realty Investment Trust

$10.24B

 ADC

Agree Realty Corporation

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About The Macerich Company

The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns approximately 40 million square feet of real estate, consisting primarily of interests in 38 retail centers. The Macerich Company was incorporated in 1964 in Maryland and is based in Santa Monica, California.

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