
Macerich (MAC) Stock Forecast & Price Target
Macerich (MAC) Analyst Ratings
Bulls say
Macerich is expected to continue its positive trend of growth and outperforming the industry due to its strong portfolio of premium mall assets and proven track record of generating high sales per square foot. Its strong management team has effectively leveraged its assets and worked to reduce leverage and improve earnings. The company's strategic pivot to focus on a more concentrated, Class A portfolio should result in increased demand from retailers and higher earnings potential, further reinforcing our positive outlook.
Bears say
Macerich is expected to experience an 11.0% total return and modest FFO multiple reversion due to strong leasing execution and a shift in the mix of temporary vs. permanent tenants which is set to drive significant rent growth. The company's recent capital raises and acquisitions also suggest potential for further earnings and net asset value growth. However, there may be risks in the execution of the company's plans and the macroeconomic environment, as well as potential over-equitization of acquisitions impacting future returns.
This aggregate rating is based on analysts' research of Macerich and is not a guaranteed prediction by Public.com or investment advice.
Macerich (MAC) Analyst Forecast & Price Prediction
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