Macerich (NYSE:MAC) CAO Christopher Zecchini Sells 2,740 Shares of Stock

10 Sep 2026, 01:10 by Danessa Lincoln · The Markets Daily

Macerich Company (The) (NYSE:MAC – Get Free Report) CAO Christopher Zecchini sold 2,740 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $23.28, for a total value of $63,787.20. Following the sale, the chief accounting officer owned 847 shares of the company’s stock, valued at approximately $19,718.16. This trade represents a 76.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Macerich Stock Down 2.4%

Shares of MAC stock traded down $0.56 during mid-day trading on Wednesday, reaching $23.02. 7,308,959 shares of the company were exchanged, compared to its average volume of 2,423,273. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.88 and a current ratio of 0.88. The business’s 50 day simple moving average is $24.77 and its 200 day simple moving average is $22.68. The company has a market capitalization of $6.53 billion, a P/E ratio of -35.42, a P/E/G ratio of 1.70 and a beta of 2.06. Macerich Company has a fifty-two week low of $16.03 and a fifty-two week high of $26.67.

Macerich (NYSE:MAC – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). The company had revenue of $249.71 million for the quarter, compared to the consensus estimate of $239.77 million. Macerich had a negative net margin of 16.85% and a negative return on equity of 6.26%. The company’s revenue was up .0% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 earnings per share. Research analysts predict that Macerich Company will post 1.49 earnings per share for the current year.

Macerich Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Monday, September 14th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, September 14th. Macerich’s dividend payout ratio (DPR) is -104.62%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Scotiabank upped their price target on shares of Macerich from $24.00 to $27.00 and gave the company a “sector outperform” rating in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Macerich from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $20.00 to $27.00 in a research report on Tuesday, June 2nd. Evercore set a $25.00 price objective on Macerich in a research report on Thursday, August 6th. Weiss Ratings raised shares of Macerich from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, Compass Point reissued a “neutral” rating and set a $26.00 target price (up from $23.00) on shares of Macerich in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $26.00.

Read Our Latest Report on Macerich

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC raised its position in shares of Macerich by 366.2% during the 4th quarter. Global Retirement Partners LLC now owns 1,394 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 1,095 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in Macerich by 80.4% during the fourth quarter. Hantz Financial Services Inc. now owns 1,535 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 684 shares in the last quarter. Triumph Capital Management bought a new stake in shares of Macerich during the third quarter worth $33,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Macerich in the 2nd quarter valued at about $36,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Macerich in the fourth quarter valued at about $43,000. Institutional investors own 87.38% of the company’s stock.

Macerich Company Profile

(Get Free Report)

The Macerich Company (NYSE: MAC) is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States. Headquartered in Santa Monica, California, the company focuses on high-quality retail properties, including enclosed malls, open-air centers and mixed-use lifestyle destinations. Since its establishment as a REIT in 1994, Macerich has pursued a disciplined strategy of investing in properties that serve strong consumer demographics and offer long-term growth potential.