Macerich Co Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
16analysts covering
FY EPS (est.)
-$0.17next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 4 Nov 2026 |
Monitoring Framework
Key Performance Indicators
Leased Portfolio Occupancy Quarterly9,340.0%Target: 94.9% (Year-End 2025 level recovery)
Go-Forward Portfolio Sales per Square Foot Quarterly941.0Target: Maintain above $940/sq ft
Net Debt to Adjusted EBITDA Quarterly7.8Target: 6.0x
Signed Not Open (SNO) Pipeline Incremental Revenue Quarterly116M
Watch Items
- Asset Dispositions and GivebacksTrigger: Falling short of the $600M to $700M target for 2026-2027Action: Re-evaluate capital recycling pace and debt reduction timeline.
- Tenant Vacations and Seasonal Occupancy DipsTrigger: Occupancy dropping below 92.5%Action: Accelerate lease executions from the SNO pipeline to offset tenant churn.
Research as of 19 Jun 2026