The Macerich Company (MAC)
- Previous Close
14.90 - Open
15.09 - Bid 14.52 x 900
- Ask 14.91 x 900
- Day's Range
14.81 - 15.10 - 52 Week Range
9.21 - 17.69 - Volume
1,261,492 - Avg. Volume
2,002,159 - Market Cap (intraday)
3.383B - Beta (5Y Monthly) 2.38
- PE Ratio (TTM)
-- - EPS (TTM)
-1.60 - Earnings Date Aug 6, 2024 - Aug 12, 2024
- Forward Dividend & Yield 0.68 (4.55%)
- Ex-Dividend Date May 17, 2024
- 1y Target Est
14.86
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 in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015-2023).
www.macerich.comRecent News: MAC
Performance Overview: MAC
Trailing total returns as of 5/24/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: MAC
Valuation Measures
Market Cap
3.23B
Enterprise Value
7.46B
Trailing P/E
--
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
3.68
Price/Book (mrq)
1.41
Enterprise Value/Revenue
8.49
Enterprise Value/EBITDA
58.62
Financial Highlights
Profitability and Income Statement
Profit Margin
-40.78%
Return on Assets (ttm)
1.06%
Return on Equity (ttm)
-13.47%
Revenue (ttm)
838.87M
Net Income Avi to Common (ttm)
-342.89M
Diluted EPS (ttm)
-1.60
Balance Sheet and Cash Flow
Total Cash (mrq)
120.05M
Total Debt/Equity (mrq)
188.88%
Levered Free Cash Flow (ttm)
249.51M
Research Analysis: MAC
Company Insights: MAC
MAC does not have Company Insights
Research Reports: MAC
Macerich Earnings: Bad Debt Expense and Withdrawn Guidance Overshadow Solid Portfolio Fundamentals
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with three power centers and seven other real estate assets. The company's total portfolio has 46.3 million square feet of gross leasable area and averaged $836 sales per square foot over the 12 months ended in December 2023.
RatingPrice TargetDaily – Vickers Top Buyers & Sellers for 05/07/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Macerich Earnings: Bad Debt Expense and Withdrawn Guidance Overshadow Solid Portfolio Fundamentals
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with three power centers and seven other real estate assets. The company's total portfolio has 46.3 million square feet of gross leasable area and averaged $836 sales per square foot over the 12 months ended in December 2023.
RatingPrice TargetLowering target price to $12.00
MACERICH CO/THE has an Investment Rating of SELL; a target price of $12.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice Target