Macerich stock holds recent gains as Q2 2026 FFO edges higher
Published on 09/04/2026 at 16:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Macerich Company stock (ISIN US5543821012) is trading close to its recent highs after the real estate investment trust reported a modest increase in second-quarter 2026 funds from operations and continued to redeploy capital into high-quality retail properties, according to a same-day analysis published on September 3, 2026.
Q2 2026 FFO and capital moves
According to an earnings recap carried via a Zacks analysis, Macerich reported second-quarter 2026 funds from operations as adjusted (FFO) of 0.35 dollars per share, which marked a 2.9 percent increase versus the same quarter of the prior year and exceeded the consensus estimate by 6.06 percent.
In the same quarter, the company expanded its portfolio by completing the acquisition of Annapolis Mall, a Class A regional mall of about 1,400,000 square feet located in Annapolis, Maryland, for a purchase price of 260,000,000 dollars, while also buying an adjacent 13.1-acre vacant Sears parcel for 12,000,000 dollars, according to the same analysis.
The recap further notes that Macerich executed an underwritten public offering of 22.08 million common shares at 21 dollars per share, generating net proceeds of 448,200,000 dollars that were used to reduce borrowings under the revolving credit facility, fund investments at Annapolis Mall and support general corporate purposes, alongside forward sale agreements for 16.1 million shares at a public offering price of 23.90 dollars.
Stock performance and valuation context
Market data compiled by MarketBeat show Macerich stock at a closing level of 23.00 dollars on the New York Stock Exchange on September 3, 2026, down 1.79 percent for the day, but still 24.8 percent above the level at which it traded just before its latest earnings report.
For investors, that combination of a 2.9 percent year-over-year increase in adjusted FFO per share to 0.35 dollars in the second quarter of 2026 and a share price that has risen nearly one quarter since the prior earnings release underscores how the market is pricing the company’s progress on capital recycling and balance-sheet repair.
The same MarketBeat overview indicates that Macerich is followed by multiple analysts, and the post-earnings share-price increase of 24.8 percent since the report date suggests that investors have been willing to pay a higher valuation multiple for the stock as the company shifts more of its exposure toward Class A regional malls with strong tenant demand.
More on Macerich stock and fundamentals
For additional details on Macerich stock, including further financial metrics and historical performance, the following resources provide extended data and documents.
Malls and leasing as core business
Macerich Company Inc. focuses on owning, acquiring, redeveloping and operating regional shopping centers and mixed-use properties in the United States, with a strong presence in higher-income coastal markets.
Properties such as the recently acquired Annapolis Mall, with its approximately 1,400,000 square feet of gross leasable area and adjacent redevelopment land, fit the company’s strategy of concentrating on dominant Class A centers where tenant demand supports occupancy and rental levels.
Share price snapshot and investor view
As of the last completed trading session on September 3, 2026, Macerich stock closed at 23.00 dollars on the New York Stock Exchange, representing a daily decline of 1.79 percent but a 24.8 percent gain since the period around its prior earnings report, based on MarketBeat’s performance data.
Macerich stock facts
- Company: Macerich Company Inc.
- ISIN: US5543821012
- Ticker: MAC
- Trading venue: NYSE
- Price (as of September 3, 2026): 23.00 USD
- Market capitalization: [value not specified in available sources] USD (as of September 3, 2026)
- Sector / Industry: Real estate investment trust, retail malls
- Index membership: Not part of a major headline index
