The Macerich Company MAC

GlobeNewswire Inc. 20 oct

Macerich is accelerating restaurant leasing across its Class A shopping center portfolio, attracting first-to-market dining concepts including Eataly, Seafood City, and Din Tai Fung. The strategy capitalizes on consumer trends showing increased mall traffic and longer visit durations driven by dining and entertainment experiences, particularly among Gen Z shoppers. New restaurant openings are planned across key properties including Scottsdale Fashion Square, Tysons Corner Center, and Chandler Fashion Center.

Zacks Investment Research 20 oct

Macerich (MAC) achieved 94% leased occupancy in June 2026, up from 92% a year earlier, driven by strong retailer demand and premium mall portfolio positioning. The company's Path Forward strategy targets a 6.5% NOI CAGR through 2028, supported by $124M in signed-not-open leases. However, tenant bankruptcies, e-commerce competition, and geographic concentration in select U.S. markets pose ongoing challenges.

Zacks Investment Research 3 sept

Macerich (MAC) reported Q2 2026 FFO beating estimates at 35 cents per share, up 2.9% YoY, with revenues of $249.7 million topping consensus. The company benefited from stronger portfolio NOI, rising occupancy to 94% (up 200 bps YoY), and healthy tenant demand. MAC completed the $260 million acquisition of Annapolis Mall and raised $448.2 million through an equity offering to strengthen liquidity. Despite positive fundamentals, shares have underperformed the S&P 500 by 7.8% over the past month, and the stock carries a Zacks Rank #3 (Hold) rating.

GlobeNewswire Inc. 23 jun

Macerich announced it is seeking a naming rights partner for a newly redeveloped gathering space and social hub at Scottsdale Fashion Square, a premier luxury retail center with nearly 2 million square feet and over 12 million annual visitors. The project, which began in January 2026, is expected to complete before the holiday season and features a state-of-the-art digital spectacular. This initiative follows the successful launch of PenFed Plaza at Macerich's Tysons Corner Center property.

GlobeNewswire Inc. 15 jun

Macerich Company priced an underwritten public offering of 14 million shares at $23.90 per share on June 15, 2026. The offering uses forward sale agreements with Goldman Sachs, Deutsche Bank, JPMorgan Chase, and Morgan Stanley, allowing the company to lock in the share price while delaying issuance and cash receipt until June 2027. Net proceeds will be used for future acquisitions and general corporate purposes.