The Macerich Company Statistics
Total Valuation
MAC has a market cap or net worth of $3.32 billion. The enterprise value is $7.54 billion.
| Market Cap | 3.32B |
| Enterprise Value | 7.54B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, before market open.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | Feb 15, 2024 |
Share Statistics
MAC has 215.72 million shares outstanding. The number of shares has increased by 0.24% in one year.
| Shares Outstanding | 215.72M |
| Shares Change (YoY) | +0.24% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 0.63% |
| Owned by Institutions (%) | 91.26% |
| Float | 214.17M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 500.00 |
| PS Ratio | 3.75 |
| Forward PS | 3.87 |
| PB Ratio | 1.36 |
| P/FCF Ratio | 34.45 |
| PEG Ratio | -485.00 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 38.71, with an EV/FCF ratio of 78.28.
| EV / Earnings | n/a |
| EV / Sales | 8.53 |
| EV / EBITDA | 38.71 |
| EV / EBIT | n/a |
| EV / FCF | 78.28 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.80 |
| Debt / EBITDA | 22.66 |
| Debt / FCF | 45.81 |
| Interest Coverage | -0.59 |
Financial Efficiency
Return on equity (ROE) is -10.60%.
| Return on Equity (ROE) | -10.60% |
| Return on Assets (ROA) | -3.50% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $1.35M |
| Profits Per Employee | -$418,420 |
| Employee Count | 655 |
| Asset Turnover | 0.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -494,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +60.71% in the last 52 weeks. The beta is 2.36, so MAC's price volatility has been higher than the market average.
| Beta (1Y) | 2.36 |
| 52-Week Price Change | +60.71% |
| 50-Day Moving Average | 16.36 |
| 200-Day Moving Average | 13.65 |
| Relative Strength Index (RSI) | 41.80 |
| Average Volume (30 Days) | 1,984,701 |
Short Selling Information
The latest short interest is 12.08 million, so 5.60% of the outstanding shares have been sold short.
| Short Interest | 12.08M |
| Short Previous Month | 12.49M |
| Short % of Shares Out | 5.60% |
| Short % of Float | 5.64% |
| Short Ratio (days to cover) | 7.71 |
Income Statement
In the last 12 months, MAC had revenue of $884.07 million and -$274.07 million in losses. Loss per share was -$1.28.
| Revenue | 884.07M |
| Gross Profit | 489.18M |
| Operating Income | 43.06M |
| Pretax Income | -274.56M |
| Net Income | -274.07M |
| EBITDA | 194.76M |
| EBIT | -101.64M |
| Loss Per Share | -$1.28 |
Balance Sheet
The company has $190.29 million in cash and $4.41 billion in debt, giving a net cash position of -$4.22 billion or -$19.57 per share.
| Cash & Cash Equivalents | 190.29M |
| Total Debt | 4.41B |
| Net Cash | -4.22B |
| Net Cash Per Share | -$19.57 |
| Equity / Book Value | 2.45B |
| Book Value Per Share | 11.34 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $295.50 million and capital expenditures -$199.19 million, giving a free cash flow of $96.31 million.
| Operating Cash Flow | 295.50M |
| Capital Expenditures | -199.19M |
| Free Cash Flow | 96.31M |
| FCF Per Share | $0.45 |
Margins
Gross margin is 55.33%, with operating and profit margins of 4.87% and -31.00%.
| Gross Margin | 55.33% |
| Operating Margin | 4.87% |
| Pretax Margin | -31.06% |
| Profit Margin | -31.00% |
| EBITDA Margin | 22.03% |
| EBIT Margin | -11.50% |
| FCF Margin | 10.89% |
Dividends & Yields
This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.42%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 4.42% |
| Dividend Growth (YoY) | 6.25% |
| Years of Dividend Growth | 2 |
| Payout Ratio | n/a |
| Buyback Yield | -0.24% |
| Shareholder Yield | 4.18% |
| Earnings Yield | -8.26% |
| FCF Yield | 2.90% |
Analyst Forecast
The average price target for MAC is $14.40, which is -6.37% lower than the current price. The consensus rating is "Sell".
| Price Target | $14.40 |
| Price Target Difference | -6.37% |
| Analyst Consensus | Sell |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 3.66% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on February 11, 2010. It was a forward split with a ratio of 1014:1000.
| Last Split Date | Feb 11, 2010 |
| Split Type | Forward |
| Split Ratio | 1014:1000 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |