Macerich (MAC) Stock Forecast & Price Target

$15.35

-0.05 (-0.32%)

(As of 09/6/2024 ET)

Macerich - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 8 Analyst Ratings

Based on 8 Wall Street analysts who have issued ratings for Macerich in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 4 have given a sell rating, 3 have given a hold rating, and 1 has given a buy rating for MAC.

Consensus Price Target

$15.19
-1.06% Downside

High Forecast	$18.00
Average Forecast	$15.19
Low Forecast	$12.50

According to the 8 analysts' twelve-month price targets for Macerich, the average price target is $15.19. The highest price target for MAC is $18.00, while the lowest price target for MAC is $12.50. The average price target represents a forecasted downside of -1.06% from the current price of $15.35.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Reduce	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	3 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	4 Sell rating(s)	4 Sell rating(s)	4 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$15.19	$14.64	$14.71	$11.25
Forecasted Upside	-1.06% Downside	-2.51% Downside	-3.40% Downside	14.13% Upside

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MAC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MAC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Macerich Stock vs. The Competition

Type	Macerich	Finance Companies	S&P 500
Consensus Rating Score	1.63	2.46	2.51
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-1.06% Downside	35.39% Upside	11.36% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/3/2024	Piper Sandler 2 of 5 stars		Boost Target	Underweight ➝ Underweight	$11.00 ➝ $14.00	-10.03%
8/28/2024	Evercore ISI 2 of 5 stars		Boost Target	In-Line ➝ In-Line	$15.00 ➝ $16.00	+1.98%
6/17/2024	The Goldman Sachs Group 2 of 5 stars		Lower Target	Sell ➝ Sell	$14.00 ➝ $12.50	-12.16%
5/17/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Mcginniss Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Perform ➝ Sector Underperform	$16.00 ➝ $14.00	-12.96%
5/1/2024	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$20.00 ➝ $18.00	+32.16%
5/1/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform ➝ Underperform	$17.00 ➝ $14.00	+5.18%
Get the Latest News and Ratings for MAC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Macerich and its competitors with MarketBeat's FREE daily newsletter.
3/25/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold ➝ Hold	$16.00	-5.21%
3/22/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral	$8.00 ➝ $17.00	-1.39%
6/29/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/17/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
12/5/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$13.00 ➝ $16.00	+27.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:36 PM ET.

MAC Forecast - Frequently Asked Questions

What is Macerich's forecast for 2024?: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Macerich is $15.19, with a high forecast of $18.00 and a low forecast of $12.50.
Should I buy or sell Macerich stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macerich in the last twelve months. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" MAC shares.
Does Macerich's stock price have much downside?: According to analysts, Macerich's stock has a predicted downside of -0.91% based on their 12-month stock forecasts.
What analysts cover Macerich?: Macerich has been rated by research analysts at Evercore ISI, Piper Sandler, and The Goldman Sachs Group in the past 90 days.
Do Wall Street analysts like Macerich more than its competitors?: Analysts like Macerich less than other "finance" companies. The consensus rating for Macerich is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how MAC compares to other companies.