Analysts' Views on Macerich Stock: Ratings, Price Targets, and Insights

Macerich analysts have varying ratings from bullish to bearish, with 2 analysts bullish, 1 somewhat bullish, 0 indifferent, 1 somewhat bearish, and 0 bearish in the last 30 days. The average 12-month price target is $20.75, with a high estimate of $25.00 and a low estimate of $18.00, surpassing the previous average price target of $19.67.

In the ever-evolving landscape of real estate investment trusts (REITs), Macerich (NYSE: MAC) continues to attract diverse analyst opinions. Over the past 30 days, analysts have offered a range of ratings, with 2 bullish, 1 somewhat bullish, 0 indifferent, 1 somewhat bearish, and 0 bearish ratings. This mixed bag of opinions reflects the complex dynamics surrounding the company's performance and future prospects.

The average 12-month price target for Macerich has risen to $20.75, up from the previous average of $19.67. The high estimate is $25.00, while the low estimate is $18.00. These estimates suggest that analysts expect a significant increase in Macerich's stock price over the next year, although there is considerable variation in their predictions.

Scotiabank recently raised its price target for Macerich to $18, maintaining a Sector Perform rating [1]. This move comes amidst growing concerns about the company's historical performance and quantitative ratings indicating a high risk of poor future stock performance. Macerich has historically been associated with declining growth and negative EPS revisions compared to other Real Estate stocks. Its EPS FWD Long Term Growth (3-5Y CAGR) is -6.8%, significantly lower than the Real Estate sector median of 5.13% [1]. This has led to a Sell rating from Seeking Alpha's Quant rating system, which has a track record of identifying stocks that massively underperform the S&P 500 [1].

Despite these concerns, some analysts remain optimistic about Macerich's prospects. Deutsche Bank raised its price target to $12.50 from $8.50 in April 2021, reflecting a bullish outlook on the company's ability to navigate the challenges of the retail sector [2]. Similarly, JPMorgan raised its price target to $19.00 in August 2025, citing strong leasing momentum and strategic acquisitions [3].

Investors should carefully consider these quantitative ratings and historical performance trends before making investment decisions. Macerich's quantitative indicators suggest a high risk of poor future performance, while some analysts believe the company has the potential to rebound. The mixed bag of analyst ratings and price targets underscores the need for a cautious approach to investing in Macerich.

References:
[1] https://www.ainvest.com/news/macerich-scotiabank-raises-pt-18-16-maintains-sector-perform-rating-2508/
[2] https://www.marketwatch.com/investing/stock/mac
[3] https://www.marketwatch.com/investing/stock/mac