Macerich Hits New 52-Week High - Time to Buy?

Shares of the real estate investment trust reach a new 12-month peak, prompting analysts to weigh in on the stock's future performance.

Apr. 16, 2026 at 7:42pm

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An extreme close-up of intricate, interlocking gears and levers in a banking vault, conveying a sense of institutional financial security and economic power.As Macerich's stock reaches a new 52-week high, the REIT's heavy financial infrastructure and machinery symbolize the resilience of the retail real estate sector.Santa Monica Today

Macerich Company (NYSE:MAC), a major real estate investment trust focused on regional shopping centers, saw its stock price hit a new 52-week high of $21.89 on Thursday. The company's shares have been on an upward trend in recent months, leading analysts to assess whether now is the right time for investors to buy into the stock.

Why it matters

Macerich's performance is seen as an important indicator of the health of the retail real estate sector, which has faced significant challenges in recent years due to the rise of e-commerce and changing consumer shopping habits. The company's ability to reach a new 52-week high suggests that investors may be regaining confidence in the REIT's long-term prospects.

The details

Several Wall Street analysts have weighed in on Macerich's stock, with Mizuho setting a $21.00 price target and Morgan Stanley establishing a $20.00 target. The Goldman Sachs Group has also lifted its target for Macerich from $15.00 to $17.00, while KeyCorp has set a $25.00 price target and an 'overweight' rating on the stock. The company's debt-to-equity ratio currently stands at 2.01, with a quick ratio and current ratio both at 1.02.

  • Macerich's stock price hit a new 52-week high of $21.89 on Thursday, April 16, 2026.
  • The company last reported earnings on Wednesday, February 18, 2026.

The players

Macerich Company (The)

A real estate investment trust that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States.

Mizuho

A financial services group that has set a $21.00 price target on Macerich's stock.

Morgan Stanley

An investment bank that has set a $20.00 price target on Macerich's stock.

The Goldman Sachs Group

An investment bank that has lifted its price target for Macerich from $15.00 to $17.00.

KeyCorp

A financial services company that has set a $25.00 price target on Macerich's stock and given it an 'overweight' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

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The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.