The Macerich Company (MAC)
Market Cap | 4.50B |
Revenue (ttm) | 899.30M |
Net Income (ttm) | -195.03M |
Shares Out | 263.31M |
EPS (ttm) | -0.88 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $0.68 (3.98%) |
Ex-Dividend Date | Mar 4, 2025 |
Volume | 454,996 |
Open | 17.36 |
Previous Close | 17.29 |
Day's Range | 16.88 - 17.31 |
52-Week Range | 12.99 - 22.27 |
Beta | 2.58 |
Analysts | Hold |
Price Target | 18.45 (+8.02%) |
Earnings Date | Apr 29, 2025 |
About MAC
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 2024, The Macerich Company's revenue was $899.30 million, an increase of 5.01% compared to the previous year's $856.41 million. Losses were -$195.03 million, -29.06% less than in 2023.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for MAC stock is "Hold." The 12-month stock price forecast is $18.45, which is an increase of 8.02% from the latest price.
News

Macerich and PenFed Credit Union Secure Exclusive Sponsorship Agreement for Tysons Corner Center Plaza
Agreement Underscores PenFed Credit Union's Long-Standing Commitment to the Local Community and its Members Agreement Underscores PenFed Credit Union's Long-Standing Commitment to the Local Community ...

Macerich Advances HiFi, Outdoor Mixed-Use Development at FlatIron Crossing in Colorado, Names Entertainment Anchor
Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan

The Macerich Company (MAC) Q4 2024 Earnings Call Transcript
The Macerich Company (NYSE:MAC) Q4 2024 Earnings Conference Call February 27, 2025 1:00 PM ET Company Participants Samantha Greening - Director, IR Jack Hsieh - President & CEO Dan Swanstrom - SEVP &...

Macerich Reports Fourth Quarter 2024 Results
SANTA MONICA, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Fourth Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investo...

Macerich To Present at Citi's 2025 30th Annual Global Property CEO Conference
SANTA MONICA, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) announced today that Jack Hsieh, President and Chief Executive Officer, and Dan Swanstrom, Senior Executive Vic...

2 REITs With Significant Upside Potential In 2025
2 REITs With Significant Upside Potential In 2025

Macerich Declares the Quarterly Dividend on Its Common Shares
SANTA MONICA, Calif., Feb. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend i...

Macerich Schedules Fourth Quarter 2024 Earnings Release and Conference Call
SANTA MONICA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Fourth Quarter 2024 Earnings Release and Conference Call

How The 'Smart Money' Is Investing In REITs Right Now
Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying.

Macerich Announces Appointment of Devin Murphy to Board of Directors
Murphy Previously Served as President of Phillips Edison & Company (NASDAQ: PECO), One of the Nation's Largest Owners and Operators of Grocery-anchored Neighborhood Shopping Centers; Brings Nearly Thr...

The State Of REITs: January 2025 Edition
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperforme...

Macerich Announces Tax Treatment Of 2024 Dividends
SANTA MONICA, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2024 on its Common Stock.

Is Macerich Now A Buy?
Macerich has rallied heavily over the last year as market enthusiasm builds over its Path Forward Plan. The REIT is currently trading for 13.5x times its annualized third-quarter FFO and offers a mode...

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.

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 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...