The Macerich Company (MAC)
| 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]
Financial Performance
Financial StatementsAnalyst 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.
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.
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.
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...
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...
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.
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...
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...
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...
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.
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.
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...
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.
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?
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...
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?”
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...
#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 ...
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.
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...
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.
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, ...