The Macerich Company (MAC)

NYSE: MAC · Real-Time Price · USD
17.08
-0.21 (-1.21%)
At close: Mar 28, 2025, 4:00 PM
17.07
-0.01 (-0.09%)
After-hours: Mar 28, 2025, 8:00 PM EDT
-1.21%
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Mar 9, 1994
Employees 616
Stock Exchange NYSE
Ticker Symbol MAC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$18.45
(8.02% upside)
Analyst Consensus: Hold
Stock Forecasts

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 ...

8 days ago - GlobeNewsWire

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

22 days ago - GlobeNewsWire

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 &...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

2 REITs With Significant Upside Potential In 2025

2 REITs With Significant Upside Potential In 2025

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5 weeks ago - Seeking Alpha

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...

6 weeks ago - GlobeNewsWire

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

2 months ago - GlobeNewsWire

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.

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2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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.

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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, ...

3 months ago - Seeking Alpha

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.

Other symbols: CBLSHO
3 months ago - Benzinga

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.

Other symbols: HHHZ
4 months ago - Benzinga

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 ...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - Seeking Alpha

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

6 months ago - GlobeNewsWire

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...

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7 months ago - Seeking Alpha