M6G Stock Chart & Stats
€21.80
€0.60(2.75%)
At close: 4:00 PM EDT
€21.80
€0.60(2.75%)
Day’s Range― - ―
52-Week Range€13.81 - €22.80
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€6.61B
Enterprise Value€9.74K
Total Cash (Recent Filing)€72.97M
Total Debt (Recent Filing)€0.00
Price to Earnings (P/E)―
Beta0.34
Next Earnings
Nov 04, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.65
Shares Outstanding283,559,400
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio9.47
Price to Book (P/B)1.93
Price to Sales (P/S)4.67
P/FCF Ratio14.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€22.83Price Target Upside4.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)-0.11
Revenue Forecast (FY)€854.91M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationMacerich reports consistently positive operating and free cash flow with very strong TTM FCF growth, indicating durable property-level cash conversion. For a retail REIT this supports distributions, funds dispositions/acquisitions, and provides flexibility to reduce leverage or invest in reinventions over the next 2–3 years.
Leasing Momentum And NOI GuidanceSustained leasing velocity (1.3M sq ft signed) and management's multi-year NOI guidance point to structural revenue recovery and rental reversion potential. High leased occupancy and a sizable SNO pipeline create a multi-year runway for NOI and FFO expansion as signed deals convert to opened stores and stabilized income.
High-quality Portfolio And Market PositioningMacerich's focus on Class A, experience-led malls with above-peer sales per sq ft supports tenant demand and pricing power over time. Owning premium, infill assets reduces obsolescence risk versus lower-tier centers and positions the company to capture structural retail recovery and experiential retail trends.
Bears Say
Elevated LeverageLeverage materially above typical targets limits financial flexibility and raises refinancing and interest-rate sensitivity risks. Sustained high net debt/EBITDA increases reliance on dispositions and equity markets to de-risk the balance sheet, constraining capital allocation and raising execution burden over the medium term.
Persistent GAAP Losses And Revenue WeaknessDespite strong cash flow, recurring GAAP losses and a ~13% TTM revenue decline weigh on retained earnings, ROE and accounting profitability. This structural earnings shortfall increases dependence on non-operating gains and capital markets to support growth, limiting internal funding for strategic investments.
Asset-level Execution And Credit-event RiskA defaulted $76M loan and the need to complete additional dispositions expose Macerich to balance-sheet and timing risks. Realizing the SNO pipeline and disposition goals requires permitting, buildouts and buyer demand; delays or weaker sale proceeds would impede deleveraging and accretive acquisition plans over the next 2–3 years.
Macerich News
M6G FAQ
What was Macerich Company’s price range in the past 12 months?
Macerich Company lowest stock price was €13.80 and its highest was €22.80 in the past 12 months.
What is Macerich Company’s market cap?
Macerich Company’s market cap is €6.61B.
When is Macerich Company’s upcoming earnings report date?
Macerich Company’s upcoming earnings report date is Nov 04, 2026 which is in 90 days.
How were Macerich Company’s earnings last quarter?
Macerich Company released its earnings results on Aug 04, 2026. The company reported -€0.087 earnings per share for the quarter, missing the consensus estimate of -€0.046 by -€0.041.
Is Macerich Company overvalued?
According to Wall Street analysts Macerich Company’s price is currently Undervalued.
Does Macerich Company pay dividends?
Macerich Company does not currently pay dividends.
What is Macerich Company’s EPS estimate?
Macerich Company’s EPS estimate is -0.02.
How many shares outstanding does Macerich Company have?
Macerich Company has 283,559,400 shares outstanding.
What happened to Macerich Company’s price movement after its last earnings report?
Macerich Company reported an EPS of -€0.087 in its last earnings report, missing expectations of -€0.046. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Macerich Company?
Currently, no hedge funds are holding shares in DE:M6G
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Macerich Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€22.83 (4.73% Upside)
€22.83 (4.73% Upside)
Blogger Sentiment
Bullish
DE:M6G Sentiment 60%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.53%
12-Months-Change
Fundamentals
Return on Equity
2.74%
Trailing 12-Months
Asset Growth
-5.63%
Trailing 12-Months
Company Description
Macerich Company
Macerich operates as a comprehensive, self-managed real estate investment trust (REIT) that independently oversees all aspects of its operations. Its core focus is on the acquisition, leasing, management, development, and revitalization of regional shopping malls throughout the United States. The company currently holds interests in 47 regional retail complexes, representing a total portfolio of 51 million square feet of real estate. Macerich specializes in high-performing retail properties located within America's most sought-after and populous markets, boasting a significant footprint particularly across the West Coast, Arizona, Chicago, and the corridor extending from Metropolitan New York to Washington, D.C. A consistent leader in environmental sustainability, Macerich earned the top GRESB ranking in the North American Retail Sector for an impressive five consecutive years, from 2015 to 2019.
M6G Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational momentum: record sales per square foot, high leased occupancy, sustained leasing velocity (1.3M sf signed in Q2), a sizable SNO pipeline, and meaningful balance sheet progress (liquidity, equity raises and leverage reduction). Management expects accelerating NOI growth in 2027–2028 and a robust acquisition pipeline that could be accretive. Key risks discussed include remaining elevated leverage (7.3x), a $76M loan in default, the need to complete additional dispositions this year to hit targets, and execution/timing risk converting signed tenants into opened stores and rent. Overall, positive operational and strategic execution materially outweigh near‑term financial and execution challenges, supporting a constructive outlook while acknowledging remaining execution and market risks.View all DE:M6G earnings summariesM6G Stock 12 Month Forecast
Average Price Target
€22.83
▲(4.73% Upside)










