The Macerich Company (MAC)

NYSE: MAC · IEX Real-Time Price · USD
17.36 -0.42 (-2.36%)
Jan 18, 2022 2:50 PM EST - Market open
Market Cap3.70B
Revenue (ttm)812.68M
Net Income (ttm)-159.09M
Shares Out213.04M
EPS (ttm)-0.88
PE Ration/a
Forward PEn/a
Dividend$0.60 (3.46%)
Ex-Dividend DateNov 8, 2021
Volume1,389,576
Open17.59
Previous Close17.78
Day's Range17.08 - 17.64
52-Week Range11.04 - 25.99
Beta1.92
AnalystsHold
Price Target21.05 (+21.3%)
Earnings DateNov 3, 2021

About MAC

Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the ...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateMar 9, 1994
CEOThomas O'Hern
Employees659
Stock ExchangeNYSE
Ticker SymbolMAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for MAC stock is "Hold." The 12-month stock price forecast is 21.05, which is an increase of 21.26% from the latest price.

Price Target
$21.05
(21.26% upside)
Analyst Consensus: Hold

News

Consumer remains strong despite omicron, says Authentic Brands CEO

Jamie Salter, Authentic Brands CEO, joins 'Closing Bell' to discuss what he is seeing at shopping malls amid rising coronavirus cases.

Other symbols:BBYGPSJWNMSKTSPG
1 week ago - CNBC Television

MACERICH SCHEDULES FOURTH QUARTER 2021 EARNINGS RELEASE AND CONFERENCE CALL

SANTA MONICA, Calif., Jan. 5, 2022 /PRNewswire/ -- WHAT: Macerich (NYSE: MAC) Schedules Fourth Quarter 2021 Earnings Release WHEN: Earnings Results will be released before market open on Thursday, Febru...

1 week ago - PRNewsWire

7 Re-Opening Stocks to Buy If Omicron Proves Mild

As more signs point to last month's omicron fears being overblown, these seven re-opening stocks may be on track to bounce back. The post 7 Re-Opening Stocks to Buy If Omicron Proves Mild appeared first...

Other symbols:EXPELUVPENNSIXWHXPOF
4 weeks ago - InvestorPlace

Is Pent-Up Demand the Only Reason Malls Are Doing Well Right Now?

Mall REITs have rebounded in 2021, but what exactly is driving the rebound? Is it pent-up demand, or is there more to the story?

Other symbols:SKTSPG
1 month ago - The Motley Fool

Macerich To Welcome Pinstripes To Broadway Plaza

SANTA MONICA, Calif., Dec. 6, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, tod...

1 month ago - PRNewsWire

Macerich (MAC) Down 14.6% Since Last Earnings Report: Can It Rebound?

Macerich (MAC) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Near a 10-Year Low, Is Macerich Stock a Buy?

The mall landlord's share price has risen massively over the past year, but it's still way off its peak. Is there still a good opportunity for investors here?

1 month ago - The Motley Fool

Macerich's Comeback Takes Another Step Forward

Net operating income continues to recover, while the mall REIT is steadily reducing its debt load.

2 months ago - The Motley Fool

Macerich and Life Time Announce Luxury Life Time Athletic Resort for Scottsdale Fashion Square

SANTA MONICA, Calif., Nov. 8, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, and...

Other symbols:LTH
2 months ago - PRNewsWire

Why Macerich Stock Rallied as Much as 24% This Week

The high-end mall operator got a boost from earnings reports -- and not just its own.

2 months ago - The Motley Fool

Macerich (MAC) Q3 FFO Beats, 2021 Guidance Raised, Stock Up

Macerich's (MAC) Q3 results reflect better-than-expected top-line growth. The retail REIT also raised the 2021 FFO per share guidance.

2 months ago - Zacks Investment Research

Macerich (MAC) Q3 FFO and Revenues Surpass Estimates

Macerich (MAC) delivered FFO and revenue surprises of 4.65% and 0.73%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Macerich Releases Quarterly Results

SANTA MONICA, Calif., Nov. 3, 2021 /PRNewswire/ -- The Macerich Company (NYSE: MAC, the "Company") today has released its Third Quarter 2021 Earnings Results and Supplemental Information by posting it t...

2 months ago - PRNewsWire

Why Macerich Stock Jumped 15% Today, Despite No Company News

The mall REIT is set to release earnings tomorrow, but based on some peers, investors are clearly expecting good news.

2 months ago - The Motley Fool

Bond Market Education

During our quarterly webcast last week (Oct. 21, 2021), someone asked us a great question. They asked, “Does the ten-year Treasury bond rate at 1.65% and an inflation rate of 5% teach us that inflation ...

Other symbols:CLRCOPCVXDHILENOXY
2 months ago - GuruFocus

Macerich To Welcome Target As A New Tenant To Kings Plaza In Brooklyn

SANTA MONICA, Calif., Nov. 2, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, tod...

2 months ago - PRNewsWire

Macerich Declares The Quarterly Dividend On Its Common Shares

SANTA MONICA, Calif. , Oct. 28, 2021 /PRNewswire/ -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.15 per share of common stock.

2 months ago - PRNewsWire

Macerich Earns #1 GRESB Ranking For U.S. Retail For 7th Straight Year

SANTA MONICA, Calif., Oct. 21, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail properties in top markets, today announced ...

2 months ago - PRNewsWire

Macerich Introduces Seamless Digital Platform At Six Centers With Plans For A 47-Property Roll Out

Macerich has launched QuikSpace, a new digital platform designed to make short-term leasing of retail space as easy and user-friendly as booking a vacation home, hotel room or apartment.

2 months ago - Forbes

Macerich Schedules Third Quarter 2021 Earnings Release and Conference Call

SANTA MONICA, Calif., Oct. 13, 2021 /PRNewswire/ -- WHAT: Macerich (NYSE: MAC) Schedules Third Quarter 2021 Earnings Release WHEN: Earnings Results will be released before market open on Wednesday, Nove...

3 months ago - PRNewsWire

Macerich Introduces 'QuikSpace,' Fully Digitized Platform For Short-Term Retail Leases

SANTA MONICA, Calif., Oct. 12, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, to...

3 months ago - PRNewsWire

Marriott And Mall Operator Macerich Promote Shopping Trips

With both malls and hotels feeling the impact of the pandemic, two big players have teamed up to promote Shop ‘Til You Drop travel

Other symbols:MAR
3 months ago - Forbes

Macerich Sells Another Asset to Continue Debt Reduction

The mall owner wants to operate with a better balance sheet.

3 months ago - The Motley Fool

Macerich (MAC) Sells La Encantada in Tucson, Reaps $100M

Macerich's (MAC) latest move to realize the market value of the non-core asset comes in as the retail landscape continues to evolve and adds to its financial flexibility.

3 months ago - Zacks Investment Research

Macerich Sells La Encantada In Tucson, Generates ~$100 Million Of Incremental Liquidity

SANTA MONICA, Calif., Sept. 20, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, t...

3 months ago - PRNewsWire