The Macerich Company

NYSE:MAC Stock Report

Market Cap: US$5.1b

Macerich Future Growth

Future criteria checks 3/6

Macerich's revenue is forecast to decline at 1.1% per annum while its annual earnings are expected to grow at 90.1% per year. EPS is expected to grow by 85.7% per annum. Return on equity is forecast to be 1.7% in 3 years.

Key information

90.1%

Earnings growth rate

85.66%

EPS growth rate

Retail REITs earnings growth6.7%
Revenue growth rate-1.1%
Future return on equity1.65%
Analyst coverage

Good

Last updated22 Dec 2025

Recent future growth updates

Recent updates

Macerich Is Likely On The Path To $30 Per Share

Oct 23
User avatar

Rising Interest Rates And Debt Reduction Plans May Erode Future Earnings

Reducing debt and strategic asset sales may cause revenue instability and transitional earnings impacts during restructuring efforts.

Is Macerich Now A Buy?

Jan 07

Macerich: Old Retail Is Fading

Oct 16

Macerich: Probability Of Better Dividends Is Weak

Aug 01

Macerich: Increased Headwinds And Higher Valuation Reduce Investment Appeal (Rating Downgrade)

May 01

Macerich: Recovery Takes Hold But Balance Sheet Remains A Risk

Dec 01

Earnings and Revenue Growth Forecasts

NYSE:MAC - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027996-101253397
12/31/2026973-51873117
12/31/2025986-164513228
9/30/20251,100-390326326N/A
6/30/20251,049-411314314N/A
3/31/20251,012-118311311N/A
12/31/2024899-195283283N/A
9/30/202478878278278N/A
6/30/2024794-76285285N/A
3/31/2024839-343276276N/A
12/31/2023856-275296296N/A
9/30/2023879-335299299N/A
6/30/2023878-88361361N/A
3/31/2023832-88353353N/A
12/31/2022866-67338338N/A
9/30/2022844-86360360N/A
6/30/202283836289289N/A
3/31/202286340300300N/A
12/31/202186813286286N/A
9/30/2021823-160271271N/A
6/30/2021786-289253253N/A
3/31/2021715-302127127N/A
12/31/2020759-231125125N/A
9/30/2020831-14148148N/A
6/30/202090454175175N/A
3/31/202097495306306N/A
12/31/201997696355355N/A
9/30/201998781369369N/A
6/30/2019997108N/A345N/A
3/31/20191,016100N/A348N/A
12/31/20181,02859N/A344N/A
9/30/20181,04680N/A334N/A
6/30/20181,04724N/A361N/A
3/31/20181,04943N/A379N/A
12/31/20171,044145N/A386N/A
9/30/20171,060150N/A398N/A
6/30/20171,066146N/A400N/A
3/31/20171,080165N/A412N/A
12/31/20161,085516N/A430N/A
9/30/20161,131893N/A458N/A
6/30/20161,204913N/A487N/A
3/31/20161,261882N/A498N/A
12/31/20151,322486N/A555N/A
9/30/20151,3231,500N/A517N/A
6/30/20151,2671,503N/A483N/A
3/31/20151,2041,504N/A465N/A
12/31/20141,1601,497N/A401N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).

Earnings vs Market: MAC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MAC is expected to become profitable in the next 3 years.

Revenue vs Market: MAC's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: MAC's revenue is forecast to decline over the next 3 years (-1.1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MAC's Return on Equity is forecast to be low in 3 years time (1.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/24 20:51
End of Day Share Price 2025/12/24 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Macerich Company is covered by 35 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Ross SmotrichBarclays
Paul AdornatoBMO Capital Markets Equity Research