Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 Â 2019).
IPO Year: 1994
Exchange: NYSE
Website: macerich.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/23/2025 | $16.00 | Underweight → Neutral | Piper Sandler |
| 4/10/2025 | Hold → Buy | Truist | |
| 1/15/2025 | $20.00 | Underweight → Equal-Weight | Morgan Stanley |
| 1/2/2025 | $19.00 → $23.00 | Hold → Buy | Jefferies |
| 12/17/2024 | $22.00 | Hold | Deutsche Bank |
| 12/17/2024 | $22.00 | Sector Underperform → Sector Perform | Scotiabank |
| 12/4/2024 | $14.00 → $22.00 | Underperform → Neutral | Mizuho |
| 5/17/2024 | $16.00 → $14.00 | Sector Perform → Sector Underperform | Scotiabank |
| 5/1/2024 | $17.00 → $11.00 | Neutral → Underweight | Piper Sandler |
| 3/22/2024 | $8.00 → $17.00 | Sell → Neutral | Citigroup |
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
Piper Sandler upgraded Macerich from Underweight to Neutral and set a new price target of $16.00
Truist upgraded Macerich from Hold to Buy
Morgan Stanley upgraded Macerich from Underweight to Equal-Weight and set a new price target of $20.00
Jefferies upgraded Macerich from Hold to Buy and set a new price target of $23.00 from $19.00 previously
Deutsche Bank initiated coverage of Macerich with a rating of Hold and set a new price target of $22.00
Scotiabank upgraded Macerich from Sector Underperform to Sector Perform and set a new price target of $22.00
Mizuho upgraded Macerich from Underperform to Neutral and set a new price target of $22.00 from $14.00 previously
Scotiabank downgraded Macerich from Sector Perform to Sector Underperform and set a new price target of $14.00 from $16.00 previously
Piper Sandler downgraded Macerich from Neutral to Underweight and set a new price target of $11.00 from $17.00 previously
Citigroup upgraded Macerich from Sell to Neutral and set a new price target of $17.00 from $8.00 previously
SC 13G - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
SC 13G - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
SC 13G/A - MACERICH CO (0000912242) (Subject)
4 - MACERICH CO (0000912242) (Issuer)
3/A - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
4 - MACERICH CO (0000912242) (Issuer)
SANTA MONICA, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) has released its First Quarter 2025 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com. As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Monday, May 12, 2025, to discuss quarterly results. Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessi
SANTA MONICA, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE:MAC) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on June 17, 2025, to stockholders of record at the close of business on June 3, 2025. About MacerichMacerich 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. Developin
SANTA MONICA, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE:MAC) Schedules First Quarter 2025 Earnings Release and Conference Call WHEN: Earnings Results will be released before market open on Monday, May 12, 2025. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on that same day to discuss quarterly results. WHERE: Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the webcast registration link below or in the I
A Media Snippet accompanying this announcement is available by clicking on this link. TYSONS, Va., March 20, 2025 (GLOBE NEWSWIRE) -- Macerich (NYSE:MAC), a leading owner, operator, and developer of major retail properties in top markets, has finalized terms with PenFed Credit Union, America's second-largest federal credit union, on a new multi-year sponsorship and member engagement agreement. This exclusive deal enhances the branding power and reach of Tysons Corner Center's experiential marketing programs and media network, engaging millions of shoppers and PenFed members annually. As a result, the outdoor event and community gathering space formerly known as "The Plaza" will now be c
A Media Snippet accompanying this announcement is available by clicking on this link. SANTA MONICA, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, today announced that Pindustry will anchor HiFi, its mixed-use outdoor development project adjacent to premier retail destination FlatIron Crossing. HiFi at FlatIron Crossing, Macerich's thriving property in Colorado's busy Denver-Boulder corridor, blends multifamily living, unique shopping, dining and entertainment with lush green spaces to create a new destination for all things fun. Pindustry –
SANTA MONICA, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) has released its Fourth Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com. As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Thursday, February 27, 2025, to discuss quarterly results. Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast b
SANTA MONICA, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) announced today that Jack Hsieh, President and Chief Executive Officer, and Dan Swanstrom, Senior Executive Vice President, Chief Financial Officer, and Treasurer, will participate in a round table presentation at Citi's 2025 Global Property CEO Conference on Tuesday, March 4, 2025, at 1:30 pm Eastern Time. A live audio webcast can be accessed from the Investors section of the Company's website, investing.macerich.com, and a replay will be available at the same location. About MacerichMacerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading
SANTA MONICA, Calif., Feb. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE:MAC) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on March 18, 2025, to stockholders of record at the close of business on March 4, 2025. About Macerich Macerich 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
SANTA MONICA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE:MAC) Schedules Fourth Quarter 2024 Earnings Release and Conference Call WHEN: Earnings Results will be released before market open on Thursday, February 27, 2025. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on that same day to discuss quarterly results. WHERE: Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the webcast registration link below or in
SANTA MONICA, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, today announced the appointment of Devin Murphy to its Board of Directors, effective February 1, 2025. With the addition of Mr. Murphy, Macerich's Board will have nine directors, eight of whom are independent. A seasoned retail REIT executive, Mr. Murphy served for more than a decade at Phillips Edison & Company (PECO), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers. Mr. Murphy served as PECO's President from 2019 until 2024. He was the company's CFO for six
8-K - MACERICH CO (0000912242) (Filer)
10-Q - MACERICH CO (0000912242) (Filer)
8-K - MACERICH CO (0000912242) (Filer)
SCHEDULE 13G/A - MACERICH CO (0000912242) (Subject)
DEFA14A - MACERICH CO (0000912242) (Filer)
DEF 14A - MACERICH CO (0000912242) (Filer)
8-K - MACERICH CO (0000912242) (Filer)
10-K - MACERICH CO (0000912242) (Filer)
8-K - MACERICH CO (0000912242) (Filer)
SCHEDULE 13G/A - MACERICH CO (0000912242) (Subject)
SANTA MONICA, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, today announced the appointment of Devin Murphy to its Board of Directors, effective February 1, 2025. With the addition of Mr. Murphy, Macerich's Board will have nine directors, eight of whom are independent. A seasoned retail REIT executive, Mr. Murphy served for more than a decade at Phillips Edison & Company (PECO), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers. Mr. Murphy served as PECO's President from 2019 until 2024. He was the company's CFO for six
SANTA MONICA, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, today announced the appointment of Diana M. Laing to its Board of Directors. Ms. Laing previously served on Macerich's Board from 2003 through 2022. With the addition of Ms. Laing, Macerich's Board will have eight directors, seven of whom are independent. A seasoned corporate finance executive with 35+ years in real estate investment and operating companies, Ms. Laing brings key skills and experience to the Macerich Board – including her tenure as a member of the Board of Directors of Spirit Realty Capital wh
Pillar Income Asset Management ("Pillar") is pleased to announce the appointment of Erik Johnson as President and Chief Executive Officer, effective immediately. In addition, Mr. Johnson was also appointed President and Chief Executive Officer of American Realty Investors, Inc. (NYSE:ARL), Transcontinental Realty Investors, Inc. (NYSE:TCI), and Income Opportunity Realty Investors, Inc. (NYSE:IOR), collectively referred to herein as the "Companies", which are each managed by Pillar. Mr. Johnson has served Pillar as Interim President since April 2023 and as Executive Vice and Chief Financial Officer since June 2020. He has also served as Executive Vice President and Chief Financial Officer
SANTA MONICA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) (the "Company") announced that it granted two inducement equity awards to Jackson Hsieh on March 1, 2024, the effective date of Mr. Hsieh's appointment as President and Chief Executive Officer of the Company, pursuant to the employment agreement entered into between the Company and Mr. Hsieh effective March 1, 2024. The awards were granted in accordance with New York Stock Exchange Listed Company Manual Rule 303A.08 as an inducement to Mr. Hsieh's employment with the Company. The inducement awards include a sign-on equity grant in the amount of 304,692 Company Long-Term Incentive ("LTIP") units (the
SANTA MONICA, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of high-quality retail and mixed-use properties in top markets, today announced that much-admired healthy lifestyle brand Life Time (NYSE:LTH) is coming to Twenty Ninth Street in central Boulder, Colorado early next year. Following a significant renovation, the 40,000-square-foot space will be entirely transformed as Life Time Boulder, replacing the former Colorado Athletic Club. The move brings Life Time's luxury health and wellness programs, services and professionals to active Boulderites and visitors, while leveling up the wellness, fitness and li
Young will lead the pacesetting PropTech's marketing function SmartRent, Inc. (NYSE:SMRT) (the "Company" or "SmartRent"), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, today announced the appointment of Robyn Young as the company's first chief marketing officer (CMO). In this new role, Young will be responsible for the Company's overall marketing strategy. Joining the team on May 9, 2022, she will be based at the Company's headquarters in Scottsdale, Ariz. "Robyn is a highly experienced, strong marketing leader who brings an impressive track record in commercial and mixed-use real estate and finance ex
SAN CLEMENTE, Calif., Dec. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) today announced the appointment of David Sedgwick as Chief Executive Officer, to be effective as of January 1, 2022. Mr. Sedgwick will succeed founding Chairman and CEO Greg Stapley, who will continue to serve as CareTrust's Executive Chairman during an approximately six-month transition period, following which he and his wife Deborah will commence a three-year, full-time volunteer assignment for The Church of Jesus Christ of Latter-day Saints. The Board also announced that Diana M. Laing has been appointed as Lead Independent Director. Mr. Sedgwick, who has been with CareT
SANTA MONICA, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) has released its First Quarter 2025 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com. As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Monday, May 12, 2025, to discuss quarterly results. Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessi
SANTA MONICA, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE:MAC) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on June 17, 2025, to stockholders of record at the close of business on June 3, 2025. About MacerichMacerich 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. Developin
SANTA MONICA, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE:MAC) Schedules First Quarter 2025 Earnings Release and Conference Call WHEN: Earnings Results will be released before market open on Monday, May 12, 2025. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on that same day to discuss quarterly results. WHERE: Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the webcast registration link below or in the I
SANTA MONICA, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) has released its Fourth Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com. As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Thursday, February 27, 2025, to discuss quarterly results. Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast b
SANTA MONICA, Calif., Feb. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE:MAC) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on March 18, 2025, to stockholders of record at the close of business on March 4, 2025. About Macerich Macerich 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
SANTA MONICA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE:MAC) Schedules Fourth Quarter 2024 Earnings Release and Conference Call WHEN: Earnings Results will be released before market open on Thursday, February 27, 2025. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on that same day to discuss quarterly results. WHERE: Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the webcast registration link below or in
SANTA MONICA, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) today announced the tax treatment for dividend distributions taxable in 2024 on its Common Stock. During the calendar year ended December 31, 2024, Macerich paid dividends of $.68 per share. The 2024 dividends are classified for income tax purposes as follows for The Macerich Company, Common Stock, CUSIP # 554382101: Record DatePayable DateRate per Share2024 Taxable Ordinary Dividends2024 Section 199A Dividends*2024 Qualified Dividends*2024 Total Capital Gain Distribution2024 Nondividend Distribution2/16/20243/4/2024$0.17$0.00$ 0.00$0.00$0.09$0.085/20/20246/3/2024$0.17$0.00$ 0.00$0.00$0.09$0.088/19/202
SANTA MONICA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) has released its Third Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com. As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Wednesday, November 6, 2024, to discuss quarterly results. Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by acces
SANTA MONICA, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE:MAC) declared a quarterly cash dividend of $.17 per share of common stock. The dividend is payable on December 2, 2024, to stockholders of record at the close of business on November 12, 2024. About Macerich Macerich 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. D
SANTA MONICA, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE:MAC) Schedules Third Quarter 2024 Earnings Release and Conference Call WHEN: Earnings Results will be released before market open on Wednesday, November 6, 2024. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on that same day to discuss quarterly results. WHERE: Participants who wish to join the conference by telephone must register at the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the webcast registration link below or in the