Macerich stock analysis
Macerich (M6G) Stock Price & Analysis
M6G Stock Chart & Stats
- Day’s Range
- EUR 22.00 - EUR 22.40
- 52-Week Range
- EUR 13.81 - EUR 22.80
- Previous Close
- EUR 21.40
- Volume
- N/A
- Average Volume (3M)
- 3
- Market Cap
- EUR 6.53B
- Enterprise Value
- EUR 11.03B
- Total Cash (Recent Filing)
- EUR 560.77M
- Total Debt (Recent Filing)
- EUR 5.23B
- Price to Earnings (P/E)
- ―
- Beta
- 0.32
- Next Earnings
- Feb 11, 2027 (Est.)
- EPS Estimate
- 0.07
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 2.61%
Bulls Say, Bears Say
Bulls Say
Leasing And NOI Growth
Improving NOI, occupancy and leasing execution indicate stronger tenant demand and better monetization of Macerich’s centers. The signed pipeline should support recurring rent growth as stores open, while completed leasing work can reinforce property cash flows over the next several quarters.
Cash Generation
Positive, relatively stable operating cash flow gives Macerich internal capacity to service obligations and fund property reinvestment despite accounting losses. This recurring cash-generation profile is a durable support for operations and redevelopment while management works to improve profitability.
Improved Liquidity And Leverage
The larger liquidity position, debt repayment and lower leverage improve financial flexibility relative to the start of the Path Forward Plan. More available capital can support refinancing, required investment and selective acquisitions, while management’s 6x leverage target provides a continuing balance-sheet objective.
Bears Say
High Leverage And Negative Returns
Debt materially exceeds equity and negative returns show that the asset base is not currently producing acceptable shareholder profitability. High leverage reduces balance-sheet flexibility, increases the importance of refinancing and asset sales, and can constrain investment if operating conditions weaken.
Multiple Property Loan Defaults
Several property-level defaults create an ongoing credit and asset-management burden beyond ordinary leasing execution. Resolving these loans may require negotiations with lenders and could limit control over affected properties, making defaults a material drag on financial stability over the medium term.
Persistent Net Losses
Revenue and operating performance have improved, but repeated net losses show that growth has not yet translated consistently into bottom-line earnings. Persistent unprofitability can restrict retained capital, increase reliance on financing actions and weaken resilience if leasing or property results disappoint.
M6G FAQ
What was Macerich’s price range in the past 12 months?
What is Macerich’s market cap?
When is Macerich’s upcoming earnings report date?
How were Macerich’s earnings last quarter?
Is Macerich overvalued?
Does Macerich pay dividends?
What is Macerich’s EPS estimate?
How many shares outstanding does Macerich have?
What happened to Macerich’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Macerich?
What is the TipRanks Smart Score and how is it calculated?
Macerich Stock Smart Score
Company Description
Macerich
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.
- Sector
- Realestate
- Industry
- REIT - Retail
- CEO
- Jackson Hsieh
- Employees
- 597
- Website
- www.macerich.com
- Address
- 401 Wilshire Boulevard, Santa Monica, CA, 90401-1452, US
Macerich (M6G) Earnings & Revenues
M6G Earnings Call
Earnings Call SentimentPositive
The call was strongly positive overall. Management reported accelerating NOI, record sales productivity, improved occupancy, substantial leasing progress, strong retailer demand, successful anchor replacements, better liquidity and lower leverage. The principal negative items were several property loan defaults, continued physical occupancy below leased occupancy, future dispositions and sensitivity to higher interest rates, but management characterized the Path Forward Plan as ahead of schedule and the balance sheet as materially stronger.
View all DE:M6G earnings summariesM6G Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 4 | 4 |
| Technical Analysis | 2 | 4 | 4 |
| Moving Averages | 12 | 0 | 0 |










