Ladenburg Thalmann Reiterates Buy Rating for The Macerich Company
Ladenburg Thalmann maintains its Buy rating with a $30 price target for Macerich.
Key Points
- Ladenburg Thalmann reiterated its Buy rating on The Macerich Company with a $30 price target on June 16, 2026.
- Shares of Macerich traded near $25.09, with a market cap of approximately $7.11 billion and a 52-week range of $15.48 to $25.72.
- Insider buying activity included Steve Hash and others acquiring shares, while analysts like Keybanc and Deutsche Bank also maintained or upgraded their ratings.
Ladenburg Thalmann reiterated its Buy rating for The Macerich Company, with a price target set at $30. This reaffirmation, made on June 16, 2026, highlights continued confidence in the retail-focused real estate investment trust.
The Macerich Company Stock Snapshot
Shares of NYSE:MAC traded around $25.09. The Macerich Company, a major player in the retail REIT sector, holds a market cap of about $7.11 billion. It has a forward P/E ratio of 836.3 and a beta of 2.086, indicating significant volatility compared to the market. The stock's 52-week range is between $15.48 and $25.72, with a 50-day moving average of $22.16 and a 200-day moving average of $19.21.
Recent Earnings
The Macerich Company reported revenue of approximately $1.02 billion, though it experienced a revenue decline of 6.7%. The company is not currently profitable, with a net margin of -17.9% and a return on equity of -7.1%. The next earnings report is anticipated on August 10, 2026.
Dividend
Macerich offers an annual dividend rate of $0.68, providing a yield of 2.71%. The dividend payout ratio stands at 188.89%, reflecting a significant payout relative to earnings.
Insider Buying and Selling at The Macerich Company
Recent insider activity shows several executives acquiring shares on June 1, 2026. Steve Hash, Devin Ignatius Murphy, Diana Laing, Daniel Hirsch, Enrique Hernandez Jr., and Marianne Lowenthal each bought shares as part of their investment in the company.
Analysts Set New Price Targets
On June 16, 2026, Ladenburg Thalmann maintained its Buy rating for Macerich, with a price target of $30. Keybanc also maintained its Buy rating on June 10, 2026, with a target of $27. Deutsche Bank upgraded the stock to a Buy on June 2, 2026, also targeting $27. Meanwhile, Goldman Sachs maintained a Sell rating with a $19 target on May 15, 2026.
About The Macerich Company
The Macerich Company is a real estate investment trust headquartered in Santa Monica, California. It specializes in owning, operating, and developing high-quality retail properties across the United States. The company's portfolio includes 39 million square feet of real estate, primarily in densely populated areas such as California, the Pacific Northwest, and the East Coast. Led by CEO Jackson Hsieh, Macerich focuses on community-centric developments with a strong commitment to environmental and social governance.
Bottom Line
Ladenburg Thalmann's reiteration of a Buy rating for The Macerich Company with a $30 target reflects continued confidence in the company's prospects. Investors follow these updates closely, though it's important to remember that these ratings are based on past performance and may not predict future results. As always, it's crucial to consider a wide range of factors when evaluating investment opportunities.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.