The Macerich Company (LON: 0JX5)
Market Cap | 3.97B |
Revenue (ttm) | 588.14M |
Net Income (ttm) | 58.50M |
Shares Out | n/a |
EPS (ttm) | 0.27 |
PE Ratio | 67.78 |
Forward PE | n/a |
Dividend | 0.53 (2.68%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 45 |
Average Volume | 1,059 |
Open | 19.96 |
Previous Close | 19.93 |
Day's Range | 19.83 - 19.96 |
52-Week Range | 9.00 - 19.96 |
Beta | 2.48 |
RSI | 47.51 |
Earnings Date | Feb 7, 2025 |
About The Macerich Company
Macerich is a fully integrated, self-managed, and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 45 million square feet of real estate consisting primarily of interests ... [Read more]
Financial Performance
In 2023, The Macerich Company's revenue was $856.41 million, a decrease of -1.05% compared to the previous year's $865.51 million. Losses were -$274.94 million, 310.8% more than in 2022.
Financial numbers in USD Financial StatementsNews
Is Macerich Now A Buy?
Macerich's Path Forward Plan drives optimism. Find out why MAC stock could face challenges ahead due to asset sales and revenue declines.
Andrea M Stephen Implements A Sell Strategy: Offloads $1.30M In Macerich Stock
A substantial insider sell was reported on December 30, by Andrea M Stephen , Director at Macerich (NYSE: MAC), based on the recent SEC filing. What Happened: Stephen's recent Form 4 filing with the ...
The State Of REITs: December 2024 Edition
The REIT sector bounced back from a rough October with a strong +3.19% average total return in November. Small cap (+4.19%), mid cap (+3.70%), and large cap (+3.39%) REITs averaged gains in November, ...
Top 3 Real Estate Stocks That May Plunge This Month
As of Dec. 16, 2024, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Macerich upgraded at Mizuho on improved risk/reward
This Pure Storage Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page . Mizuho an...
Top 3 Real Estate Stocks That May Plunge This Quarter
As of Dec. 2, 2024, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Macerich Announces Pricing of Upsized Public Offering of Common Stock
SANTA MONICA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company” or “Macerich”) announced today that it has priced an underwritten public offering of 20,000,000 ...
Macerich Announces Commencement of Public Offering of Common Stock
SANTA MONICA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company” or “Macerich”) announced today that it has commenced an underwritten public offering of 18,000,0...
The Macerich Company (MAC) Q3 2024 Earnings Conference Call Transcript
The Macerich Company (NYSE:MAC) Q3 2024 Earnings Conference Call November 5, 2024 11:00 PM ET Company Participants Samantha Greening - Director of IR Jack Hsieh - President, CEO and Director Doug Hea...
The Macerich Company Announces CFO Change
Dan Swanstrom Named as Chief Financial Officer of The Macerich Company Dan Swanstrom Named as Chief Financial Officer of The Macerich Company
GRESB Real Estate Assessment Ranks Macerich #1, U.S. Retail, for 10th Consecutive Year
Leading Retail REIT Again Recognized by Respected Sustainability Assessment for Industry-Leading Commitment to Performance and ESG Practices Leading Retail REIT Again Recognized by Respected Sustainab...
Macerich Declares the Quarterly Dividend on Its Common Shares
SANTA MONICA, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock. The dividend is...
Macerich Refinances Top-Performing Queens Center at Favorable Terms
5.37% Fixed Rate for 5 Years, Interest Only, on $525M Loan Lowest Refi Rate Achieved by Company in Past 5 Years SANTA MONICA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of th...
Macerich: Old Retail Is Fading
Macerich is a REIT focused on malls and shopping centers, currently yielding 3.8%, with no clear growth story. Management aims to reduce debt by $2B through asset sales, but this likely means revenue ...
Macerich Schedules Third Quarter 2024 Earnings Release and Conference Call
SANTA MONICA, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Third Quarter 2024 Earnings Release and Conference Call
What I Wish I Knew Before Buying REITs
REITs are proven long-term wealth compounders with the benefits of real estate investing, economies of scale, and diversification. However, there are several important aspects of REIT investing that m...
Macerich: Probability Of Better Dividends Is Weak
MAC reported FFO numbers for its second quarter that dipped 1 cent per share year-over-year. The dividend is 230% covered by FFO but still sits almost 80% below its pre-pandemic level. Management has ...
Macerich: Solid Progress, But Leverage Remains A Concern
Macerich Company delivered solid Q2, 2024 quarter, especially when it comes to the deleveraging front. The asset disposals so far (including those which are under negotiations) explain already 50% of ...
The Macerich Company (MAC) Q2 2024 Earnings Call Transcript
The Macerich Company (NYSE:MAC) Q2 2024 Results Conference Call July 31, 2024 1:00 PM ET Company Participants Samantha Greening - Director of Investor Relations Jack Hsieh - President, CEO and Direct...
Macerich Reports Second Quarter 2024 Results
SANTA MONICA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Second Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investo...
Macerich Announces the Return of Diana M. Laing to Board of Directors
Laing Previously Served on Macerich Board from 2003-2022; Was Board Member at Spirit Realty Capital During Macerich President and CEO Jackson Hsieh's Successful Tenure at the Company Laing Previously ...
Macerich Schedules Second Quarter 2024 Earnings Release and Conference Call
SANTA MONICA, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Second Quarter 2024 Earnings Release and Conference Call WHEN: Earnings Results will be released before mar...
Macerich To Present at Nareit's REITweek 2024 Investor Conference
SANTA MONICA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation's leading owners, operators, and developers of major retail properties in top markets, announced today th...
Rally Gets Reality Check
U.S. equity markets snapped a four-week winning streak while benchmark interest rates rebounded as hopes for imminent major central bank monetary easing were curtailed by stubbornly hot U.K. inflation...