Macerich stock rises 3.30 percent to EUR 20.50 at Lang & Schwarz

Published on 10/15/2026 at 21:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Piper Sandler cut its target to USD 26.00 on October 12, 2026. Macerich stock costs EUR 20.50 on October 15, 2026, up 3.30 percent on NYSE.

Analyst target and earnings date

Piper Sandler cut its Macerich target to USD 26.00 on October 12, 2026.
Second-quarter 2026 revenue reached USD 249.71 million while GAAP net loss narrowed to USD 27.07 million.
Macerich stock costs EUR 20.50 at Lang & Schwarz on October 15, 2026 at 9:13 p.m. CEST, up 3.30 percent on the NYSE versus the prior close of October 14, 2026.
Macerich will release third-quarter 2026 results on November 4, 2026.

MAC, US5543821012, Illustration mit AI erstellt.

Macerich stock rose 3.30 percent on the NYSE on October 15, 2026, while the euro quote reached EUR 20.50 at Lang & Schwarz at 9:13 p.m. CEST. The market move coincides with a recent analyst target cut and an approaching quarterly reporting date.

At the NYSE, Macerich last traded at USD 22.91 on October 15, 2026 at 3:16 p.m. ET, compared with a USD 22.18 prior close. The stock's euro quotation and its home-market move are separate venue readings, so the percentage describes the NYSE session rather than the euro quote.

Target cut changes the valuation frame

Markets Insider reported on October 12, 2026 that Piper Sandler analyst Alexander Goldfarb cut the Macerich target from USD 30.00 to USD 26.00 while keeping an Overweight rating. Against the USD 22.91 NYSE price, the revised target stands 13.49 percent higher.

The latest quarterly numbers provide a counterweight to the target revision. For the second quarter of 2026, revenue was USD 249.71 million and GAAP net loss was USD 27.07 million, compared with USD 249.79 million revenue and a USD 40.91 million loss in the year-earlier quarter, according to Markets Insider.

Price sits inside a wide range

The NYSE price was USD 22.91 on October 15, 2026, against a 52-week range of USD 16.03 to USD 26.68. Macerich's market capitalization was USD 6.8 billion, and its trailing P/E ratio was minus 35.25 on the same date. The euro price was EUR 20.50 at Lang & Schwarz on October 15, 2026 at 9:13 p.m. CEST.

Earnings date sets the next checkpoint

Macerich's investor-relations calendar lists the third-quarter 2026 earnings call for November 4, 2026. GlobeNewswire reported on October 14, 2026 that results will be released after the market closes, followed by a conference call at 5:00 p.m. ET.

Comparison with peers

Macerich (NYSE, USD): up 3.30 percent, P/E minus 35.25, market capitalization USD 6.8 billion
Simon Property Group (NYSE, USD): up 1.98 percent, P/E 14.35, market capitalization USD 65.6 billion
Tanger (NYSE, USD): up 2.07 percent, P/E 31.86, market capitalization USD 4.0 billion

Trading level and investor dates

Macerich's 52-week range leaves the stock below its high and above its low, while the revised USD 26.00 target remains below the earlier USD 30.00 level. The November 4, 2026 results date gives investors the next scheduled point for checking revenue, earnings and funds from operations.

The euro quote was EUR 20.50 at Lang & Schwarz on October 15, 2026 at 9:13 p.m. CEST, up 3.30 percent on the NYSE versus the prior close of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Macerich stock.