The Macerich Company (MAC)

NYSE: MAC · IEX Real-Time Price · USD
13.94
-0.28 (-1.97%)
At close: Feb 3, 2023, 4:00 PM
13.75
-0.19 (-1.36%)
After-hours: Feb 3, 2023, 7:22 PM EST
-1.97%
Market Cap 3.13B
Revenue (ttm) 860.34M
Net Income (ttm) -84.83M
Shares Out 224.70M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE 500.00
Dividend $0.62 (4.45%)
Ex-Dividend Date Nov 8, 2022
Volume 1,246,293
Open 13.95
Previous Close 14.22
Day's Range 13.80 - 14.16
52-Week Range 7.40 - 17.60
Beta 2.07
Analysts Sell
Price Target 12.62 (-9.47%)
Earnings Date Feb 7, 2023

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 ... [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Mar 9, 1994
Employees 639
Stock Exchange NYSE
Ticker Symbol MAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for MAC stock is "Sell." The 12-month stock price forecast is $12.62, which is a decrease of -9.47% from the latest price.

Price Target
$12.62
(-9.47% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Macerich Declares the Quarterly Dividend on Its Common Shares

SANTA MONICA, Calif., Jan. 27, 2023 /PRNewswire/ -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock.

1 week ago - PRNewsWire

Macerich Announces Tax Treatment Of 2022 Dividends

SANTA MONICA, Calif. , Jan. 25, 2023 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2022 on its Common Stock.

1 week ago - PRNewsWire

First U.S. Flagship Location for Arte Museum Coming to Macerich's Santa Monica Place

48,000-Square-Foot Immersive Art Phenomenon to Replace Former ArcLight Cinemas; Museum Opening Set for Late 2023 SANTA MONICA, Calif. , Jan. 17, 2023 /PRNewswire/ -- Macerich (NYSE: MAC), one of the n...

2 weeks ago - PRNewsWire

Macerich Schedules Fourth Quarter 2022 Earnings Release and Conference Call

SANTA MONICA, Calif. , Jan. 12, 2023 /PRNewswire/ -- WHAT: Macerich (NYSE: MAC) Schedules Fourth Quarter 2022 Earnings Release WHEN: Earnings Results will be released before market open on Tuesday, Fe...

3 weeks ago - PRNewsWire

Not the Cool Kids

As we start the year 2023, we are reminded of the profound poetry from the band, Echosmith, in the song, “Cool Kids.” It can teach us about what it takes to succeed in long-duration common stock inves...

3 weeks ago - GuruFocus

Macerich (MAC) Enhances Debt Position With Financing Moves

Macerich (MAC) witnesses continued progress in addressing its debt maturities through a combination of loan extensions and refinancings. The moves boost its liquidity and poise it well for growth.

3 weeks ago - Zacks Investment Research

Macerich Provides Financing Activity Update

SANTA MONICA, Calif. , Jan. 9, 2023 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of major retail and mixed-use properties in top markets, today an...

3 weeks ago - PRNewsWire

Macerich Again Earns Position on CDP A List for Transparency, Climate Stewardship

For 7th time, Macerich honored for environmental performance, industry leadership SANTA MONICA, Calif. , Dec. 15, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operato...

1 month ago - PRNewsWire

7 Dividend Stocks to Sell Before They Dive in 2023

The economy is either already in recession or it is likely to be in one in 2023. As a result, some dividend stocks are worth buying for investors.

Other symbols: CLXGPSHBIMOSMGZIM
1 month ago - InvestorPlace

5 Stocks Gurus and Insiders Are Building Positions In

According to the Double Buys Screener, a Premium feature of GuruFocus, five stocks with high guru and insider buys over the past few months include Intel Corp. ( INTC , Financial), Neogen Corp. ( NEOG...

Other symbols: AVTRINTCKDNEOG
2 months ago - GuruFocus

Key Reasons Why Macerich's (MAC) Shares Soared 65.8% QTD

Robust leasing activity amid growing customers' preference for in-person shopping experience and development activities drive Macerich's (MAC) 65.8% quarter-to-date rise.

2 months ago - Zacks Investment Research

Macerich to Host 2022 Investor Day

SANTA MONICA, Calif. , Nov. 15, 2022 /PRNewswire/ -- The Macerich Company (NYSE: MAC) will host an Investor Day in Scottsdale, Arizona on Tuesday, November 29 and Wednesday, November 30.

2 months ago - PRNewsWire

NEW FLAGSHIP DILLARD'S STORE TO ANCHOR SOUTH PLAINS MALL

-Expansion Reflects Dillard's Significant Investment in Lubbock Market- SANTA MONICA, Calif. , Nov. 15, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and dev...

Other symbols: DDS
2 months ago - PRNewsWire

Macerich (MAC) Stock Up Despite Q3 FFO and Revenue Miss

Macerich (MAC) witnesses year-over-year growth in occupancy, and tenant sales remain strong. However, revenues lag estimates.

3 months ago - Zacks Investment Research

Macerich (MAC) Q3 FFO and Revenues Miss Estimates

Macerich (MAC) delivered FFO and revenue surprises of -2.13% and 2.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Macerich Releases Quarterly Results

SANTA MONICA, Calif. , Nov. 3, 2022 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today has released its Third Quarter 2022 Earnings Results and Supplemental Information by posting it to the Invest...

3 months ago - PRNewsWire

Insiders Are Loading Up on These Embattled Stocks

Of the many factors that investors consider when looking into potential investment opportunities, one of the most common is, “Who else has been buying and selling this stock?”

Other symbols: EVAHBI
3 months ago - GuruFocus

Macerich Declares a 13.3% Quarterly Dividend Increase on Its Common Shares

SANTA MONICA, Calif. , Oct. 28, 2022 /PRNewswire/ -- The Board of Directors of the Macerich Company (NYSE: MAC) approved a quarterly cash dividend increase of $0.17 per share of common stock from $0.1...

3 months ago - PRNewsWire

#1-RANKED MACERICH CELEBRATES GROWING GRESB PARTICIPATION, RAISING THE BAR FOR SUSTAINABILITY PERFORMANCE IN REAL ESTATE

Macerich ranks #1 among peers for 8th year, earns 'A' score for disclosure SANTA MONICA, Calif. , Oct. 18, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and ...

3 months ago - PRNewsWire

Macerich (MAC) Unveils Reinvestment Plans for Shopping Center

After a successful first phase, Macerich (MAC) announces plans for the next phase of reinvestment for its Scottsdale Fashion Square, located in upscale Scottsdale, AZ.

4 months ago - Zacks Investment Research

MACERICH ANNOUNCES NEXT PHASE OF CONTINUED REINVESTMENT IN SCOTTSDALE FASHION SQUARE

-Enhancements Will Extend Luxury Experience to South Wing- SANTA MONICA, Calif. , Oct. 6, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one...

4 months ago - PRNewsWire

Insider Buying 2022: 15 Stocks to Bet On Despite the Bear Market

In October 2021, I made a big call on Longeveron (NASDAQ: LGVN) stock, a biotech firm working on a promising Alzheimer's therapy.

4 months ago - InvestorPlace

7 Real Estate Stocks to Sell Before They Die

It's been a tumultous couple of years of real estate stocks. The pandemic caused unprecedented changes in people's daily lives and working habits.

Other symbols: GNLIIPRMPWOPISKTSPG
4 months ago - InvestorPlace

Macerich (MAC) Moves 5.7% Higher: Will This Strength Last?

Macerich (MAC) was a big mover last session on higher-than-average trading volume. The latest trend in FFO estimate revisions might not help the stock continue moving higher in the near term.

4 months ago - Zacks Investment Research

Macerich Schedules Third Quarter 2022 Earnings Release And Conference Call

SANTA MONICA, Calif. , Sept. 22, 2022 /PRNewswire/ --  WHAT: Macerich (NYSE: MAC) Schedules Third Quarter 2022 Earnings Release WHEN: Earnings Results will be released before market open on Thursday, ...

4 months ago - PRNewsWire