The Macerich Company (MAC)

Market Cap	3.38B
Revenue (ttm)	884.07M
Net Income (ttm)	-274.07M
Shares Out	215.72M
EPS (ttm)	-1.28
PE Ratio	n/a
Forward PE	500.00
Dividend	$0.68 (4.34%)
Ex-Dividend Date	May 17, 2024

Volume	1,073,001
Open	15.40
Previous Close	15.38
Day's Range	15.37 - 15.77
52-Week Range	9.05 - 17.69
Beta	2.36
Analysts	Sell
Price Target	14.40 (-8.1%)
Earnings Date	Apr 30, 2024

About MAC

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 47 million square feet of real estate consisting primarily of interests i...

• Industry: REIT - Retail
• Sector: Real Estate
• IPO Date: Mar 9, 1994
• Employees: 655
• Stock Exchange: NYSE
• Ticker Symbol: MAC

Financial Performance

In 2023, MAC's revenue was $884.07 million, an increase of 2.90% compared to the previous year's $859.16 million. Losses were -$274.07 million, 314.8% more than in 2022.

Analyst Forecast

According to 5 analysts, the average rating for MAC stock is "Sell." The 12-month stock price forecast is $14.4, which is a decrease of -8.10% from the latest price.

Price Target

$14.4

(-8.10% downside)

Analyst Consensus: Sell