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Macerich operates as a comprehensive, self-managed real estate investment trust (REIT) that independently oversees all aspects of its operations. Its core focus is on the acquisition, leasing, management, development, and revitalization of regional shopping malls throughout the United States. The company currently holds interests in 47 regional retail complexes, representing a total portfolio of 51 million square feet of real estate. Macerich specializes in high-performing retail properties located within America's most sought-after and populous markets, boasting a significant footprint particularly across the West Coast, Arizona, Chicago, and the corridor extending from Metropolitan New York to Washington, D.C. A consistent leader in environmental sustainability, Macerich earned the top GRESB ranking in the North American Retail Sector for an impressive five consecutive years, from 2015 to 2019.
Regular session
$22.15
−$0.04 · -0.18%
Regular session · ET · Market data may be delayed.
Macerich operates as a comprehensive, self-managed real estate investment trust (REIT) that independently oversees all aspects of its operations. Its core focus is on the acquisition, leasing, management, development, and revitalization of regional shopping malls throughout the United States. The company currently holds interests in 47 regional retail complexes, representing a total portfolio of 51 million square feet of real estate. Macerich specializes in high-performing retail properties located within America's most sought-after and populous markets, boasting a significant footprint particularly across the West Coast, Arizona, Chicago, and the corridor extending from Metropolitan New York to Washington, D.C. A consistent leader in environmental sustainability, Macerich earned the top GRESB ranking in the North American Retail Sector for an impressive five consecutive years, from 2015 to 2019.
Day range
Current $22.15
52-week range
Current $22.15
Regular session · ET · Market data may be delayed.
GoAI Score
Sell
Valuation
2
Overpriced
Sentiment
61
Bullish
Risk
37
Moderate Risk
Momentum
62
Gaining
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Macerich operates as a comprehensive, self-managed real estate investment trust (REIT) that independently oversees all aspects of its operations. Its core focus is on the acquisition, leasing, management, development, and revitalization of regional shopping malls throughout the United States. The company currently holds interests in 47 regional retail complexes, representing a total portfolio of 51 million square feet of real estate. Macerich specializes in high-performing retail properties located within America's most sought-after and populous markets, boasting a significant footprint particularly across the West Coast, Arizona, Chicago, and the corridor extending from Metropolitan New York to Washington, D.C. A consistent leader in environmental sustainability, Macerich earned the top GRESB ranking in the North American Retail Sector for an impressive five consecutive years, from 2015 to 2019.
Day range
Current $22.15
52-week range
Current $22.15
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 1.02B USD | 918.2M USD | 884.07M USD | 859.16M USD | 847.44M USD |
| Cost of goods sold | 627.83M USD | 430.27M USD | 394.89M USD | 390.35M USD | 380.88M USD |
| Gross profit | 387.47M USD | 487.94M USD | 489.18M USD | 468.81M USD | 466.55M USD |
| Selling, general, and administrative | 31.54M USD | 28.15M USD | 29.24M USD | 27.16M USD | 30.06M USD |
| Operating expenses | 219.71M USD | 322.93M USD | 311.6M USD | 318.78M USD | 341.19M USD |
| Interest expense | 216.34M USD | 219.99M USD | 172.92M USD | 216.85M USD | 192.68M USD |
| Depreciation and amortization | 368.1M USD | 305.88M USD | 296.39M USD | 302.48M USD | 324.4M USD |
| Operating income | 167.76M USD | 165.01M USD | 177.58M USD | 150.04M USD | 125.37M USD |
| Net income | −197.15M USD | −194.12M USD | −274.07M USD | −66.07M USD | 14.26M USD |
Company facts updated Oct 8, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$26.00
17.38% upsideCash distributions grouped by calendar year; partial years are marked.
$0.68
2025 complete year+13.3% since 2021
2026 partial: $0.51
$0.60
2,021
$0.62
2,022
$0.68
2,023
$0.68
2,024
$0.68
2,025
$0.51
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Sep 14, 2026 | $0.17Quarterly | Sep 14, 2026 | Sep 28, 2026 |
Dividend | Jun 15, 2026 | $0.17Quarterly | Jun 15, 2026 | Jun 29, 2026 |
Dividend | Mar 16, 2026 | $0.17Quarterly | Mar 16, 2026 | Mar 30, 2026 |
Dividend | Dec 15, 2025 | $0.17Quarterly | Dec 15, 2025 | Dec 29, 2025 |
Dividend | Sep 9, 2025 | $0.17Quarterly | Sep 9, 2025 | Sep 23, 2025 |
Dividend | Jun 3, 2025 | $0.17Quarterly | Jun 3, 2025 | Jun 17, 2025 |
Ex-dividend Sep 14, 2026
$0.17
Quarterly
Record Sep 14, 2026 · Payment Sep 28, 2026
Ex-dividend Jun 15, 2026
$0.17
Quarterly
Record Jun 15, 2026 · Payment Jun 29, 2026
Ex-dividend Mar 16, 2026
$0.17
Quarterly
Record Mar 16, 2026 · Payment Mar 30, 2026
Ex-dividend Dec 15, 2025
$0.17
Quarterly
Record Dec 15, 2025 · Payment Dec 29, 2025
Ex-dividend Sep 9, 2025
$0.17
Quarterly
Record Sep 9, 2025 · Payment Sep 23, 2025
Ex-dividend Jun 3, 2025
$0.17
Quarterly
Record Jun 3, 2025 · Payment Jun 17, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR373.23M0.36%104.29B USD0.06%$136.23-0.62%
Vanguard Real Estate ETFVNQ251.82M0.35%70.8B USD0.13%$88.405-0.32%
Vanguard Morningstar Total Stock Market ETFVTI211.17M0.01%2.3T USD0.03%$379.55-0.39%
iShares Russell 2000 ETFIWM166.03M0.21%78.56B USD0.19%$275.22-0.89%
Vanguard Morningstar Small-Cap ETFVB152.52M0.08%185.3B USD0.03%$285.43-0.54%
Vanguard Morningstar Small-Cap Value ETFVBR96.84M0.14%68.2B USD0.05%$231.63-0.23%
Vanguard Extended Market ETFVXF77.83M0.08%95.4B USD0.05%$231.61-0.81%
State Street SPDR Portfolio S&P 600 Small Cap ETFSPSM58.51M0.37%16.01B USD0.03%$52.955-0.61%iShares Core S&P Small-Cap ETFIJRVanguard Real Estate ETFVNQVanguard Morningstar Total Stock Market ETFVTIiShares Russell 2000 ETFIWMVanguard Morningstar Small-Cap ETFVBVanguard Morningstar Small-Cap Value ETFVBRVanguard Extended Market ETFVXFState Street SPDR Portfolio S&P 600 Small Cap ETFSPSMAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
