MAC

Based on The Macerich Company's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does Macerich do?

Macerich is a real estate investment trust that owns, manages, leases, and redevelops regional shopping malls across the United States. Its portfolio spans high-density markets on the West Coast, in Arizona, Chicago, and the Metro New York to Washington, DC corridor. The company handles all property management and leasing in-house as a fully integrated REIT.

Does MAC pay dividends?

Yes, Macerich pays a regular dividend. As a REIT, it is required to distribute the majority of its taxable income to shareholders. Income investors should review the payout in the context of the company's Weak Quality and Risk ratings before relying on dividend continuity.

When does MAC report earnings?

Macerich reports earnings on a quarterly basis, in line with standard US-listed company practice. For exact dates and the most recent results, check Macerich's investor relations page, as our data source does not provide forward earnings dates.

Is MAC a good stock to buy?

UQS Score rates MAC as Poor overall, with Weak ratings across Quality, Moat, Growth, and Risk. The Valuation pillar is rated Good, which may reflect that challenges are already priced in. Whether that makes it suitable depends on an investor's risk tolerance and thesis. The full analysis is available to Pro members.

Is MAC overvalued?

Based on the UQS Valuation pillar, MAC is rated Good — meaning the current price appears to reflect the company's fundamental challenges rather than a premium. This is one of the few positive signals in MAC's overall profile, though it should be weighed against the Weak ratings in other pillars.

How does MAC compare to its competitors?

Compared to peers like Kite Realty, RioCan, and Choice Properties, Macerich is more concentrated in large enclosed regional malls. Competitors with open-air or grocery-anchored formats may carry different risk profiles. The UQS comparison view for each peer is available on their respective pages.

What is MAC's market cap bracket?

Macerich is classified as a mid-cap company. This places it in a range that typically attracts both institutional and retail investor attention, though mid-cap REITs can carry more volatility than larger, more diversified real estate companies.

Who founded Macerich?

Macerich was founded in 1994. The company's founding history and leadership background are publicly available through its investor relations materials and corporate history disclosures.

Is MAC a long-term quality investment?

As a long-term quality indicator, MAC's Poor UQS Score — driven by Weak ratings in Quality, Moat, Growth, and Risk — suggests meaningful structural concerns. Long-term investors typically seek companies with durable competitive advantages and consistent earnings power, areas where Macerich currently scores below average. Pro members can access the full pillar detail.

What is the main competitive advantage of Macerich?

Macerich's primary differentiator is its focus on high-barrier, densely populated markets where new retail development is difficult. Properties in coastal and major metro areas can command stronger rents and attract higher-quality tenants, though this advantage has not been sufficient to lift its Moat rating above Weak in the current environment.

What sector does MAC belong to?

Macerich belongs to the Real Estate sector and is structured as a real estate investment trust. Within real estate, it sits in the retail REIT sub-category, specifically focused on regional enclosed shopping malls — a segment facing notable structural headwinds.

The Macerich Company currently shows below-average quality metrics, suggesting challenges with profitability.

The Macerich Company faces growth headwinds with declining or stagnant revenue trends.

The Macerich Company presents elevated risk with concerns around leverage or financial stability.

The Macerich Company appears expensively valued relative to its fundamentals and growth prospects.

The Macerich Company operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for MAC.

The UQS (Unified Quality Score) for The Macerich Company is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses The Macerich Company's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether The Macerich Company is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.