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The Macerich Company (MAC)

Stock Price: $13.79 USD 0.64 (4.87%)
Updated Feb 24, 2021 4:00 PM EST - Market closed
Pre-market: $14.05 +0.26 (1.89%) Feb 25, 5:31 AM
Market Cap 2.07B
Revenue (ttm) 833.22M
Net Income (ttm) -12.89M
Shares Out 149.63M
EPS (ttm) -1.57
PE Ratio n/a
Forward PE 65.79
Dividend $1.55
Dividend Yield 11.24%
Trading Day February 24
Last Price $13.79
Previous Close $13.15
Change ($) 0.64
Change (%) 4.87%
Day's Open 13.09
Day's Range 12.86 - 13.94
Day's Volume 7,798,737
52-Week Range 4.57 - 25.68

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GuruFocus - 1 day ago

During the 1998 Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) meeting, Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) were asked a question about the return on equity ...

Other stocks mentioned: SPG
The Motley Fool - 1 week ago

It isn't just GameStop and AMC -- these real estate investment trusts are big shorting targets.

Other stocks mentioned: IRM, SKT, SRG
GuruFocus - 1 week ago

When we were kids, we used to play a game called "Simon says." Everyone would line up and if the leader said, "Simon says take two steps," you took two steps forward.

Other stocks mentioned: SPG, UHAL
Zacks Investment Research - 1 week ago

Macerich's (MAC) Q4 results reflect a decline in mall occupancy and same-center net operating income, resulting in a y/y decline in the top line.

Zacks Investment Research - 1 week ago

Macerich (MAC) delivered FFO and revenue surprises of -16.67% and -5.12%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

PRNewsWire - 1 week ago

SANTA MONICA, Calif., Feb. 11, 2021 /PRNewswire/ -- The Macerich Company (NYSE: MAC, the "Company") today has released its Fourth Quarter 2020 Earnings Results and Supplemental Financial Infor...

Investors Business Daily - 2 weeks ago

A Relative Strength Rating upgrade for Macerich Co shows improving technical performance. The post Macerich Co Shows Rising Price Performance With Jump To 81 RS Rating appeared first on Invest...

Forbes - 2 weeks ago

GME became famous on a website called Reddit, which lets users banter about common interests.

Other stocks mentioned: BGS, BPYU, IVR, SKT
The Motley Fool - 3 weeks ago

A WallStreetBets-inspired short squeeze drove Macerich stock higher last month, but the gains didn't last.

The Motley Fool - 3 weeks ago

These three mall stocks spiked higher earlier in the week, but seem to be cooling off.

Other stocks mentioned: PEI, SRG
PRNewsWire - 3 weeks ago

SANTA MONICA, Calif., Jan. 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. The dividen...

The Motley Fool - 4 weeks ago

Here are four more stocks moving higher without any news.

Other stocks mentioned: EPR, SKT, SRG
Business Insider - 4 weeks ago

An extreme level of herd mentality led by Reddit's 3 million member strong WallStreetBets forum has sparked an epic rally in the most shorted stocks in the market. The forum, members of which ...

Other stocks mentioned: AMCX, BBBY, FIZZ, GME, IRBT, LGND, PLCE, SKT, SPCE
Seeking Alpha - 4 weeks ago

GameStop is going through a monumental short squeeze. We think that its landlord, Macerich, is poised for a similar short squeeze.

The Motley Fool - 4 weeks ago

After starting the day off with modest gains, mall REITs took off in the afternoon. Is this another market mania?

Other stocks mentioned: SKT, WPG
The Motley Fool - 4 weeks ago

We're seeing some interesting price action in this group, and there could be a good explanation for it.

Other stocks mentioned: SKT, SRG
PRNewsWire - 4 weeks ago

SANTA MONICA, Calif., Jan. 25, 2021 /PRNewswire/ -- WHAT: Macerich (NYSE: MAC) Schedules Fourth Quarter 2020 Earnings Release WHEN: Earnings Results will be released before market open on Thur...

Seeking Alpha - 1 month ago

Interest rates are back on the rise and it is causing a lot of volatility in the REIT market. The common perception is that REITs underperform during times of rising interest rates.

Other stocks mentioned: CNS, IEF, SPY, STOR, VNQ
Seeking Alpha - 1 month ago

Macerich stockholders have suffered greatly in recent years. Throughout the pandemic they have continued to operate profitably.

The Motley Fool - 1 month ago

Shares of mall landlords took off today. It looks like investors are starting to realize that the worst could be over.

Other stocks mentioned: SKT, PEI, SRG
PRNewsWire - 1 month ago

SANTA MONICA, Calif., Jan. 12, 2021 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2020 on its Common Stock. During th...

Zacks Investment Research - 1 month ago

Investors need to pay close attention to Macerich (MAC) stock based on the movements in the options market lately.

Seeking Alpha - 1 month ago

Brookfield Asset Management recently made an offer to take its real estate partnership, Brookfield Property Partners L.P., private. This has ramifications far beyond investors in the partnersh...

Other stocks mentioned: BAM, BPY, BPYPO, BPYPP, BPYU, SPG, TCO
The Motley Fool - 1 month ago

Investors searching for high dividend yields should understand how much income these stocks are actually going to produce.

Other stocks mentioned: ET, WFC
Seeking Alpha - 2 months ago

Class A malls have recovered surprisingly quickly with sales per square foot reaching already ~90% of pre-crisis levels. Even then, they remain priced at enormous discounts to NAVs.

Other stocks mentioned: KLPEF, SPG
PRNewsWire - 2 months ago

SANTA MONICA, Calif., Dec. 22, 2020 /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 ...

The Motley Fool - 2 months ago

COVID-19 took a bite out of the REIT sector in 2020.

Other stocks mentioned: IVR, SLG
Seeking Alpha - 2 months ago

REIT investing can be very rewarding, but if done poorly, it also can lead to disastrous results. Despite being bullish on REITs, we only invest in one out of 10 on average. Most REITs have is...

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Business Wire - 2 months ago

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP), a Los Angeles-based real estate investment company focused on West Coast epicenters of media and t...

Other stocks mentioned: HPP
Seeking Alpha - 2 months ago

The vaccine is now approved and we have a clear end in sight to this crisis. This is very good news for the most covid-sensitive businesses.

Other stocks mentioned: EPR
Seeking Alpha - 2 months ago

5 Reasons To Own REITs (Real Estate Investment Trusts) Anytime, And Especially Now

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Seeking Alpha - 2 months ago

We Are Selling A Few REITs

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The Motley Fool - 2 months ago

Shares of this hard-hit mall REIT are down more than 50% year to date. But all signs point to a full recovery -- for both the company and the stock.

Seeking Alpha - 2 months ago

I'll be the first to say that an ugly sweater could be a worthwhile investment for a one-time laugh. But that's because they come cheap.

Other stocks mentioned: AMC, EPR, SRG
CNBC - 2 months ago

As winter looms during the global health crisis, seven of America's mall owners face troubling days ahead, according to a new report from S&P Global.

Other stocks mentioned: SPG, BPR, CBL, PEI, TCO, WPG
Zacks Investment Research - 2 months ago

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

The Motley Fool - 2 months ago

Many malls looked like ghost towns last weekend, but don't read too much into the sharp traffic declines.

PRNewsWire - 2 months ago

NEW YORK, and SANTA MONICA, Calif., Dec. 3, 2020 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail properties in top ma...

Seeking Alpha - 2 months ago

Most investors are focused on the bad news affecting REITs. But there has been a lot of very good news lately.

Other stocks mentioned: KLPEF, STOR, VNQ
GuruFocus - 2 months ago

Dividend investors, or investors who focus on generating current period income, were hit hard earlier this year as many companies decided to halt or cut back on shareholder distributions due t...

Other stocks mentioned: BPY, SKT, SPG
Seeking Alpha - 2 months ago

Billionaire investor Bruce Flatt is heavily investing in the recovery of real estate and REITs investments.

Other stocks mentioned: BAM, BPYU
Zacks Investment Research - 3 months ago

The Macerich Company (MAC) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Seeking Alpha - 3 months ago

Billionaire investor Bruce Flatt is betting big on real estate and expects property prices to surge in the aftermath of this crisis. He believes that REITs are the best bargains in today's mar...

Other stocks mentioned: BAM, ESRT, FRT, KLPEF, SAFE, SPG
Seeking Alpha - 3 months ago

REITs are up a lot in the past week. But this is just the beginning of the repricing.

Other stocks mentioned: BOWFF, VNQ
CNBC Television - 3 months ago

Don Peebles on the future of real estate after the pandemic

Don Peebles, The Peebles Corporation CEO, President Obama's National Finance Committee and former chairman of The Congressional Black Caucus Foundation, joins 'The Exchange' to discuss his out...

Other stocks mentioned: BPR, ESRT, SPG, TCO
Forbes - 3 months ago

After the vaccine-related recovery rally stalled yesterday with sharp losses, markets broadly gained today. The Dow rose 307.55 points, or 1.7%, the S&P 500 gained 1.15%, and the Nasdaq also g...

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Zacks Investment Research - 3 months ago

Pfizer's vaccine announcement is a game changer for the global economy in 2021. But where should investors be focusing?

Other stocks mentioned: HLT, MAR, THO, USFD
Seeking Alpha - 3 months ago

Pushed to the brink by the pandemic, Mall REITs entered 2020 on unstable footing following a tsunami of store closings over the past decade, and the forthcoming vaccines may be too-little-too-...

Other stocks mentioned: BPYU, CBL, PEI, SKT, SPG, TCO, VNQ, WPG
The Motley Fool - 3 months ago

Key earnings metrics are still down significantly year over year, but there are no signs of permanent damage.

Zacks Investment Research - 3 months ago

Macerich's (MAC) Q3 results reflect the pandemic's adverse impact on mall tenant annual sales and portfolio occupancy.

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
IPO Date
Mar 9, 1994
CEO
Thomas O'Hern
Country
United States
Stock Exchange
NYSE
Ticker Symbol
MAC
Full Company Profile

Financial Performance

In 2019, Macerich's revenue was $927.46 million, a decrease of -3.42% compared to the previous year's $960.35 million. Earnings were $96.82 million, an increase of 61.31%.

Financial Statements

Analyst Forecasts

According to 18 analysts, the average rating for Macerich stock is "Sell." The 12-month stock price forecast is 11.86, which is a decrease of -14.00% from the latest price.

Price Target
$11.86
(-14.00% downside)
Analyst Consensus: Sell