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Morningstar

Morningstar

•

Nov 05, 2026

The Macerich Company: Macerich Earnings: Makes Progress on Leasing Targets and Dispositions of Noncore Properties

Symbols

MAC

Sector(s)

Real Estate

Rating

Current Price

25.62

Fair Value

Economic Moat

Stewardship

Summary

Macerich invests in premium mall assets. The company owns 28 regional malls in its consolidated portfolio and nine regional malls in its unconsolidated portfolio along with a power center and six other real estate assets. The company's total portfolio has 39.9 million square feet

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Analyst Profile

Kevin Brown

Equity Analyst

Kevin Brown is an equity analyst on the finance team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers apartment, healthcare, and hotel REITs and real estate service companies in the United States.Before joining Morningstar in 2018, Brown worked at an asset-management company focused on global real estate, spending nine years covering healthcare and hotel REITs.Brown holds a bachelor’s degree in economics from Dartmouth College. He also holds the Chartered Financial Analyst® designation.

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