Macerich Co (NYSE:MAC) price on Wednesday, April 30, fall -0.14% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $14.66.
A look at the stock’s price movement, the close in the last trading session was $14.68, moving within a range at $14.16 and $14.71. The beta value (5-Year monthly) was 2.141. Turning to its 52-week performance, $22.27 and $12.48 were the 52-week high and 52-week low respectively. Overall, MAC moved -14.62% over the past month.
Macerich Co’s market cap currently stands at around $3.85 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26. The company has a Forward Dividend ratio of 0.68, with its dividend yield at 4.64%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 199.74M for the company’s revenue for the quarter, with a low and high estimate of 192.86M and 206.8M respectively. The average forecast suggests down to a -4.33% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 841.67M, representing a -8.34% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MAC is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 3 recommend MAC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MAC’s current price about 0.36% and -11.35% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.61, while 7-day volatility ratio is 3.41% and 6.67% in the 30-day chart. Further, Macerich Co (MAC) has a beta value of 2.12, and an average true range (ATR) of 0.78. Analysts have given the company’s stock an average 52-week price target of $18, forecast between a low of $16 and high of $23. Looking at the price targets, the low is -9.14% off current price level while to achieve the yearly target high, price needs to move -56.89%. Nonetheless, investors will most likely welcome a -22.78% jump to $18 which is the analysts’ median price.
If we refocus on Macerich Co (NYSE:MAC), historical trading data shows that trading volumes averaged 1.81 over the past 10 days and 2.40 million over the past 3 months. The company’s latest data on shares outstanding shows there are 252.93 million shares.
The 0.73% of Macerich Co’s shares are in the hands of company insiders while institutional holders own 100.31% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.89 million on 2025-04-15, giving us a short ratio of 4.89. The data shows that as of 2025-04-15 short interest in Macerich Co (MAC) stood at 809.0 of shares outstanding, with shares short falling to 14.52 million registered in 2025-03-14. Current price change has pushed the stock -26.41% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MAC stock continues to rise going into the next quarter.
