
Macerich NYSE: MAC reported third-quarter 2026 adjusted funds from operations of $109 million, or $0.37 per diluted share, as leasing activity and new store openings helped lift income across the mall owner's Go-Forward Portfolio.
The Macerich Company (MAC) is a prominent real estate investment trust (REIT) that specializes in the acquisition, leasing, and management of a high-quality portfolio of retail properties located in strategic markets throughout the United States. Recognized for its upscale shopping centers and innovative mixed-use developments, Macerich emphasizes maximizing tenant performance while delivering exceptional consumer experiences, thus adapting effectively to the changing retail environment. With a robust focus on sustainability and operational efficiency, the company is strategically positioned to drive long-term growth and enhance shareholder value.
| Revenue (TTM) | $1.02B |
| Gross Profit (TTM) | $546.70M |
| EBITDA | $532.21M |
| Operating Margin | 17.40% |
| Return on Equity | -3.65% |
| Return on Assets | 1.23% |
| Revenue/Share (TTM) | $3.82 |
| Book Value | $9.59 |
| Price-to-Book | 2.61 |
| Price-to-Sales (TTM) | 7.17 |
| EV/Revenue | 11.62 |
| EV/EBITDA | 27.83 |
| Quarterly Earnings Growth (YoY) | 3971.00% |
| Quarterly Revenue Growth (YoY) | 1.50% |
| Shares Outstanding | $284.08M |
| Float | $283.35M |
| % Insiders | 0.35% |
| % Institutions | 113.99% |
Volatility is currently expanding

Macerich NYSE: MAC reported third-quarter 2026 adjusted funds from operations of $109 million, or $0.37 per diluted share, as leasing activity and new store openings helped lift income across the mall owner's Go-Forward Portfolio.

The Macerich Company (MAC) Q3 2026 Earnings Call Transcript

SANTA MONICA, Calif., Nov. 02, 2026 (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.

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SANTA MONICA, Calif., Oct. 14, 2026 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Third Quarter 2026 Earnings Release and Conference Call

The Macerich Company (MAC) is up 21% YTD but remains 16% below its 52-week high, with a 'Hold' rating justified by valuation and leverage concerns. MAC's go-forward portfolio is 90% Class A assets, with strong leasing momentum and a robust signed-not-open pipeline supporting 6.5% NOI CAGR guidance through 2028. Leverage has improved to 6.83x pro forma, but remains elevated versus peers, with significant debt maturities and refinancing risks through 2028.

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The Macerich Company (MAC) Presents at BofA NY Global Real Estate Conference 2026 Transcript
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