Update shared on20 Sep 2025
Fair value Increased 0.69%Analysts modestly increased Macerich’s price target to $19.53, citing improved Q2 performance and a sector-wide REIT valuation reassessment, though concerns about the company’s risk profile persist.
Analyst Commentary
- Bullish analysts increased price targets following updated financial models that reflect improved Q2 performance.
- Sector-wide reassessment of U.S. Real Estate & REITs valuations contributed to a revision in Macerich's price target.
- Adjustments were made to reflect updated outlooks in the context of current REIT sector dynamics.
- Positive quarterly results prompted analysts to revisit and upwardly adjust their expectations.
- JPMorgan maintains a cautious stance despite raising its target, emphasizing continued concerns about the company’s risk profile.
What's in the News
- Macerich completed the repurchase of 3,627,390 shares (2.54%) for $221.3 million under its buyback program announced in 2017; no shares were repurchased in the most recent quarter.
Valuation Changes
Summary of Valuation Changes for Macerich
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $19.40 to $19.53.
- The Net Profit Margin for Macerich has significantly risen from 0.92% to 2.21%.
- The Consensus Revenue Growth forecasts for Macerich has significantly fallen from -0.7% per annum to -1.1% per annum.
Disclaimer
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