Market closed · After hours · 4:39 PM ET
Last update: Sep 18, 2026, 4:39 PM ET
The Macerich Company
$22.63 0.35% today
After Hours

Why The Macerich Company (MAC) stock moved

Updated Sep 18, 2026

The Macerich Company (MAC) shares rose 0.4% to $22.63 as of September 18, 2026, a slight gain from the prior close of $22.55. BestStocks flagged the session as a major change for MAC. The move is tied to price move down. Below, we break down what changed for MAC, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

MAC climbed 0.4% to $22.63

The Macerich Company (MAC) moved −0.73% from $22.55 to $22.38 on 2026-09-15. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with MAC reaching a new 30-day low, though volume remained near its 5-day average. MAC earnings announcement on 2026-11-03 (date subject to confirmation).

This summary describes the catalyst and move as first detected on Sep 15, 2026, 4:53 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsLow confidence
Rel. volume
1.6×
Above Avg
Vs peers
No comparable peers
Market cap
$6.7B
New York Stock Exchange
Analyst target
$26
+14.5% vs price
Price chart
Aug 18 – Sep 18
EEEEEVEE$22$24$25Aug 18Aug 26Sep 2Sep 11Sep 18
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for The Macerich Company investors

For The Macerich Company investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Material positive event; Positive 0.4% session move. Weighing against that: The Macerich Company fell 2.31% to $23.04 on broad market weakness, rising Treasury yields, and profit-taking, according to the web catalyst; MAC moved -2.82% from $25.49 to $24.77 on 2026-07-08. Wall Street's consensus price target sits at $25.91, implying +14.5% upside from $22.63. Over the past 90 days analysts logged 2 upgrades and 1 downgrade. BestStocks rates the overall signal quality low (40/100). With earnings roughly 46 days out, the next report is the most likely near-term test of the move.

MAC price reaction

MAC last traded at $22.63, up $0.08 (+0.35%) from the previous close of $22.55. The session traded on 1.6× average volume (above avg), so the move carried above-average conviction. Over the past month the stock has ranged between $22.38 and $24.90, and it currently sits about 10% of the way up that band.

Bullish and bearish analyst opinions on The Macerich Company (MAC)

The consensus analyst price target on The Macerich Company (MAC) is $25.91, 14.5% above the recent $22.63. Over the past 90 days analysts logged 2 upgrades, 6 maintains, and 1 downgrade. Here is how the bullish and bearish cases on MAC line up.

The bullish case

  • Wall Street's consensus price target of $25.91 implies +14.5% upside from $22.63.
  • The Street's most bullish target is $30.00 (+32.6%).
  • 2 analyst upgrades in the past 90 days, most recently Piper Sandler to Overweight (2026-08-27).
  • Material positive event.
  • Positive 0.4% session move.

The bearish case

  • The most bearish analyst target is $21.00 (-7.2%).
  • 1 analyst downgrade in the past 90 days, most recently Compass Point to Neutral (2026-06-26).
  • The Macerich Company fell 2.31% to $23.04 on broad market weakness, rising Treasury yields, and profit-taking, according to the web catalyst.
  • MAC moved -2.82% from $25.49 to $24.77 on 2026-07-08.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Sep 18, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $26+14.5%
2 upgrades= 6 maintains1 downgrades
Piper Sandler upgraded to Overweight · 2026-08-27
SEC filings watch
8-K2026-08-11
Material event — review for impact
high
8-K2026-08-05
Material event — review for impact
high
10-Q2026-08-05
Quarterly financial results
medium
8-K2026-08-04
Material event — review for impact
high
Peer context
MAC+0.4%

Previous notable changes for MAC

Material / Earnings2026-09-14-0.6%
The Macerich Company (MAC) moved -1.01% from $22.70 to $22.47 on 2026-09-14. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move occurred on light volume (43% of the 5-day average) and coincided with MAC reaching a new 30-day low.
Material / Earnings2026-09-11+0.0%
The Macerich Company (MAC) moved -1.09% from $22.86 to $22.61 on 2026-09-11. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The decline occurred on light volume (48% of the 5-day average) and brought MAC to a new 30-day low.
Material / Earnings2026-09-10-1.8%
The Macerich Company (MAC) moved -1.22% from $22.89 to $22.61 on 2026-09-10. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with volume 1.3x the 5-day average and a new 30-day low.
Risk2026-09-09-2.3%via Yahoo Finance
The Macerich Company fell 2.31% to $23.04 on broad market weakness, rising Treasury yields, and profit-taking, according to the web catalyst. The REIT, which recently hit a multi-year high on strong Q2 FFO beats and positive leasing momentum under its 'Path Forward' plan, is pulling back as oil prices top $100/barrel and investors retreat from risk assets. Volume of 4.7M shares is running 1.89x normal for this time of day.
Upcoming catalysts & outlook
Next earnings
2026-11-03 (est.)
in 46 days
10-Q Filing (est.)
2026-11-04
Medium impact
Thesis shift
Neutral / Mixed
bullish signal
Risk level
High
from change events

Frequently asked questions about MAC

Why did The Macerich Company (MAC) stock move?

MAC rose 0.4% to $22.63. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did MAC stock rise?

MAC gained 0.35% ($0.08) versus the prior close of $22.55, last trading at $22.63 on 1.6× average volume.

When is The Macerich Company's next earnings date?

MAC's next earnings report is estimated for 2026-11-03 — about 46 days away.

What is the analyst price target for MAC?

The consensus analyst price target for MAC is $25.91, about 14.5% above the current $22.63. Over the past 90 days, analysts recorded 2 upgrades, 6 maintains, and 1 downgrade.

How BestStocks tracks MAC

This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for MAC, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 18, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.