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MACMacerich Company (The)Sell4.6·$23.39-1.14%
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Macerich Company (The) (MAC) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Real Estate · REIT - Retail

Sell if holding. Engine safety override at $23.39: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10. Specifically: Below-average business quality; Rich valuation.

Macerich is a REIT owning, developing, and managing 37 regional retail centers and 1 community/power center totaling approximately 39 million square feet of GLA, primarily concentrated in California, New York, and Arizona. Revenue is generated from minimum rents, percentage... Read more

$23.39-0.4% A.UpsideScore 4.6/10#21 of 23 REIT - Retail
QualityF-score5 / 9FCF yield5.78%
IncomeYield2.87%(5y avg 4.49%)Payout188.89%
Stop $22.33Target $23.29(resistance)A.R:R -1.2:1
Analyst target$23.13-1.1%16 analysts
$23.29our TP
$23.39price
$23.13mean
$19
$27

Sell if holding. Engine safety override at $23.39: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10. Specifically: Below-average business quality; Rich valuation. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.6/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst cluster(4), earnings proximity 63d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-09

Recent Developments — Macerich Company (The)

Generated 2026-06-09T22:06:37Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Aug 10, 202663d to earnings· next earnings call

Thesis

Rewards
Recent Analyst Cluster(4) detected in news
Risks
Concentration risk — Property Type: regional retail centers
Target reached (-11.0% upside)
Quality below floor (3.2 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)788.7
Mkt Cap$7.0B
EV/EBITDA20.5
Profit Mgn-17.9%
ROE-7.1%
Rev Growth-6.7%
Beta2.09
Dividend2.87%
Rating analysts20

Quality Signals

Piotroski F5/9

Options Flow

P/C0.77neutral
IV60%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographicCalifornia, New York and Arizona
    10-K Item 1A: 'A significant percentage of our Centers are located in California, New York and Arizona. To the extent that weak economic or real estate conditions...affect California, New York or Arizona...our financial performance could be negatively impacted'
  • HIGHPropertyregional retail centers
    10-K Item 1: 'The Company is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers located throughout the United States'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ev Ebitda
0.0
Analyst Target
3.0
P Ocf
4.9
Ps
5.6
P/OCF: 22.5x (FFO proxy — REITs gated off P/E)

Unprofitable operations — net margin -17.9%. Quality floor flags this regardless of sector context.static

Roe
0.0
Net Margin
0.0
Roa
0.9
Current Ratio
1.4
Operating Margin
3.6
Moat
4.0
Piotroski F
5.6
Fcf Quality
6.0
Gross Margin
7.0
FCF-positive but moderate margins (FCF margin 39%, FCF yield 5.8%)No competitive moat

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.0
Growth Rank
0.4
Value Rank
7.8

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.5
Support Resistance
1.5
52w Position
9.7
GatesA.R:R -1.2=NEGATIVEMomentum 6.4>=5.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST CLUSTER(4)EARNINGS PROXIMITY 63d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
70 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $21.25Resistance $23.77

Price Targets

$22
$23
A.Upside-0.4%
A.R:R-1.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-11.0% upside)
! Quality below floor (3.2 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-08-10 (63d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MAC stock a buy right now?

Sell if holding. Engine safety override at $23.39: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10. Specifically: Below-average business quality; Rich valuation. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $22.33. Score 4.6/10, moderate confidence.

What is the MAC stock price target?

Take-profit target: $23.29 (-0.4% upside). Prior stop was $22.33. Stop-loss: $22.33.

What are the risks of investing in MAC?

Concentration risk — Property Type: regional retail centers; Target reached (-11.0% upside); Quality below floor (3.2 < 4.0).

Is MAC overvalued or undervalued?

Macerich Company (The) trades at a P/E of N/A (forward 788.7). TrendMatrix value score: 3.2/10. Verdict: Sell.

What do analysts say about MAC?

20 analysts cover MAC with a consensus score of 3.6/5. Average price target: $23.

What does Macerich Company (The) do?Macerich is a REIT owning, developing, and managing 37 regional retail centers and 1 community/power center totaling...

Macerich is a REIT owning, developing, and managing 37 regional retail centers and 1 community/power center totaling approximately 39 million square feet of GLA, primarily concentrated in California, New York, and Arizona. Revenue is generated from minimum rents, percentage rents, and CAM charges; the company is executing its Path Forward Plan to deleverage, divest non-core assets, and reinvest in 32 go-forward portfolio centers.

Related stocks: EPRT (Essential Properties Realty Tru) · FRT (Federal Realty Investment Trust) · ADC (Agree Realty Corporation) · SKT (Tanger Inc.) · BRX (Brixmor Property Group Inc.)
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