The Macerich Company (MAC)
| Market Cap | 3.70B |
| Revenue (ttm) | 812.68M |
| Net Income (ttm) | -159.09M |
| Shares Out | 213.04M |
| EPS (ttm) | -0.88 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.60 (3.46%) |
| Ex-Dividend Date | Nov 8, 2021 |
| Volume | 1,389,576 |
| Open | 17.59 |
| Previous Close | 17.78 |
| Day's Range | 17.08 - 17.64 |
| 52-Week Range | 11.04 - 25.99 |
| Beta | 1.92 |
| Analysts | Hold |
| Price Target | 21.05 (+21.3%) |
| Earnings Date | Nov 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 ...
Financial Performance
Financial StatementsAnalyst 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.
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.
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...
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...
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?
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...
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?
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?
Macerich's Comeback Takes Another Step Forward
Net operating income continues to recover, while the mall REIT is steadily reducing its debt load.
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...
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.
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.
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?
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...
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.
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...
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.
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 ...
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.
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...
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...
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
Macerich Sells Another Asset to Continue Debt Reduction
The mall owner wants to operate with a better balance sheet.
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.
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...