Macerich Reports Improved Q1 2025 Financial Results

An update from Macerich ( (MAC) ) is now available.

For the first quarter of 2025, The Macerich Company reported a net loss of $50.1 million, a significant improvement from the $126.7 million loss in the same period of 2024. The company saw a 156% increase in leased square footage compared to the previous year, driven by strong renewal leasing volume. Despite a slight decrease in portfolio occupancy to 92.6%, new store leases are expected to generate approximately $80 million in additional revenue over prior uses. The company also engaged in several financial transactions, including a new $340 million mortgage loan and the sale of two assets, enhancing liquidity to approximately $995 million.

The most recent analyst rating on (MAC) stock is a Sell with a $11.0000 price target. To see the full list of analyst forecasts on Macerich stock, see the MAC Stock Forecast page.

Spark’s Take on MAC Stock

According to Spark, TipRanks’ AI Analyst, MAC is a Neutral.

Macerich’s overall stock score reflects significant financial challenges, including persistent net losses and zero cash flow, which impact operational resilience. While technical indicators suggest current weakness, the stock’s valuation is unattractive due to a negative P/E ratio despite a high dividend yield. Positive strides in strategic initiatives and board enhancements provide some optimism, but substantial financial and operational improvements are necessary for a higher score.

To see Spark’s full report on MAC stock, click here.

More about Macerich

The Macerich Company is a fully integrated, self-managed, and self-administered real estate investment trust that focuses on the acquisition, leasing, management, development, and redevelopment of regional retail centers throughout the United States. It is a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, with a portfolio concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Macerich is recognized for its sustainability efforts, having achieved a #1 GRESB ranking for the North American retail sector for ten consecutive years.

Average Trading Volume: 2,465,907

Technical Sentiment Signal: Sell

Current Market Cap: $3.93B

See more insights into MAC stock on TipRanks’ Stock Analysis page.