Piper Sandler cuts target for Macerich stock to USD 26.00

Published on 10/20/2026 at 21:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Macerich owns interests in 47 regional retail complexes. Macerich stock costs EUR 20.70 on October 20, 2026 at Lang & Schwarz in after-hours trading.

Analyst target and reporting date

Piper Sandler cut its Macerich target from USD 30.00 to USD 26.00 on October 12, 2026.
Macerich scheduled its third-quarter 2026 earnings release for November 4, 2026.
Macerich stock traded at EUR 20.70 at Lang & Schwarz on October 20, 2026 at 8:59 p.m. CEST.

MAC, US5543821012, Illustration mit AI erstellt.

Piper Sandler cut its price target for Macerich from USD 30.00 to USD 26.00 on October 12, 2026, while keeping an Overweight rating. The change came from analyst Alexander Goldfarb, according to Markets Insider. At Lang & Schwarz on October 20, 2026 at 8:59 p.m. CEST, Macerich stock was trading at EUR 20.70.

Third-quarter results have a date

Macerich scheduled its third-quarter 2026 earnings release and conference call for November 4, 2026, according to the company's investor-relations page. The event follows second-quarter revenue of USD 249.71 million and a consolidated net loss of USD 26.85 million, figures reported by MarketBeat.

Retail portfolio supports the profile

Macerich operates as a self-managed retail real estate investment trust focused on regional shopping malls and mixed-use properties in the United States. Its company profile lists interests in 47 regional retail complexes representing 51 million square feet.

Price and valuation markers

The Lang & Schwarz quote places the euro indication below the USD 26.00 target in a direct currency comparison that cannot be quantified without converting currencies. On the NYSE, MAC was quoted at USD 23.34 on October 20, 2026 at 3:01 p.m. EDT. The 52-week range was USD 16.03 to USD 26.68, and market capitalization stood at USD 6.9 billion.

What the next report may clarify

The November 4 report will give investors a fresh reading on revenue, earnings and operating cash flow after second-quarter operating cash flow of USD 66.87 million. Macerich's portfolio scale and the scheduled reporting date provide the clearest near-term markers for assessing the target reduction.

Stock trades after the Xetra session

The stock was trading at EUR 20.70 at Lang & Schwarz on October 20, 2026 at 8:59 p.m. CEST. Macerich's next scheduled reporting event is the third-quarter earnings release on November 4, 2026. The further course of trading is shown by the continuously updated real-time quote of Macerich stock.