NYSE:MAC Macerich (MAC) Stock Price, News & Analysis $16.22 +0.58 (+3.71%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$15.83▼$16.3650-Day Range$14.46▼$16.6552-Week Range$9.21▼$17.69Volume1.32 million shsAverage Volume1.92 million shsMarket Capitalization$3.50 billionP/E RatioN/ADividend Yield4.19%Price Target$14.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Macerich alerts: Email Address Macerich MarketRank™ Stock AnalysisAnalyst RatingReduce1.57 Rating ScoreUpside/Downside9.7% Downside$14.64 Price TargetShort InterestBearish6.36% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.05Upright™ Environmental ScoreNews Sentiment0.80Based on 18 Articles This WeekInsider TradingAcquiring Shares$2.36 M Bought Last QuarterProj. Earnings Growth2.42%From $1.65 to $1.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.75 out of 5 starsFinance Sector318th out of 898 stocksReal Estate Investment Trusts Industry59th out of 181 stocks 1.8 Analyst's Opinion Consensus RatingMacerich has received a consensus rating of Reduce. The company's average rating score is 1.57, and is based on 1 buy rating, 2 hold ratings, and 4 sell ratings.Amount of Analyst CoverageMacerich has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Macerich's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.36% of the outstanding shares of Macerich have been sold short.Short Interest Ratio / Days to CoverMacerich has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in Macerich has recently increased by 1.78%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipMacerich is a leading dividend payer. It pays a dividend yield of 4.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMacerich does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Macerich will have a dividend payout ratio of 40.24% next year. This indicates that Macerich will be able to sustain or increase its dividend.Read more about Macerich's dividend. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMacerich has received a -22.79% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in shopping centers" and "Real estate development services of retail space" products. See details.Environmental SustainabilityThe Environmental Impact score for Macerich is -2.05. Previous Next 3.2 News and Social Media Coverage News SentimentMacerich has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Macerich this week, compared to 5 articles on an average week.Search Interest5 people have searched for MAC on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Macerich to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Macerich insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,358,681.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.53% of the stock of Macerich is held by insiders.Percentage Held by Institutions87.38% of the stock of Macerich is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Macerich's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Macerich are expected to grow by 2.42% in the coming year, from $1.65 to $1.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Macerich is -10.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Macerich is -10.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioMacerich has a PEG Ratio of 0.52. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMacerich has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Macerich's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressNew trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! About Macerich Stock (NYSE: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 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).Read More MAC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MAC Stock News HeadlinesJuly 18, 2024 | insidertrades.com3 Beaten Down Stocks That Insiders Are Buying (MAC)July 26 at 7:00 AM | globenewswire.comMacerich Declares the Quarterly Dividend on Its Common SharesJuly 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.July 25 at 4:46 PM | bizjournals.comParis Baguette upscale bakery proposed in Scottsdale building with top-floor residenceJuly 24 at 9:32 AM | americanbankingnews.comFY2025 Earnings Forecast for The Macerich Company Issued By Zacks Research (NYSE:MAC)July 24 at 4:46 AM | americanbankingnews.comMacerich (MAC) Set to Announce Earnings on WednesdayJuly 23 at 4:38 PM | bizjournals.comDevelopers break ground on first phase of prime Gilbert retail projectJuly 22, 2024 | msn.comVentura eliminates development fee said to stifle small business growthJuly 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.July 22, 2024 | globenewswire.comMacerich Announces the Return of Diana M. Laing to Board of DirectorsJuly 21, 2024 | americanbankingnews.comHead to Head Comparison: Macerich (NYSE:MAC) versus Healthcare Realty Trust (NYSE:HR)June 26, 2024 | globenewswire.comMacerich Schedules Second Quarter 2024 Earnings Release and Conference CallMay 28, 2024 | finance.yahoo.comMacerich To Present at Nareit’s REITweek 2024 Investor ConferenceMay 28, 2024 | bizjournals.comRegional malls and reinvention: Where WNY's shopping centers standMay 23, 2024 | msn.comMacerich posts detailed path-forward plan to bolster balance sheet, reduce leverageMay 23, 2024 | globenewswire.comMacerich Launches Path-Forward PlanMay 20, 2024 | finance.yahoo.comMacerich Takes Three Fortress Retail Properties To the Next LevelMay 20, 2024 | prnewswire.comOtto Tech Systems Adds 3 New Members to Its Board of DirectorsSee More Headlines Receive MAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Macerich and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/07/2024Ex-Dividend for 6/3 Dividend5/17/2024Dividend Payable6/03/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:MAC Previous SymbolNYSE:MAC CUSIP55438210 CIK912242 Webwww.macerich.com Phone(310) 394-6000Fax310-395-2791Employees654Year Founded1964Price Target and Rating Average Stock Price Target$14.64 High Stock Price Target$18.00 Low Stock Price Target$11.00 Potential Upside/Downside-9.8%Consensus RatingReduce Rating Score (0-4)1.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.56) Trailing P/E RatioN/A Forward P/E Ratio9.84 P/E Growth0.52Net Income$-274,070,000.00 Net Margins-38.96% Pretax Margin-20.14% Return on Equity-13.42% Return on Assets-4.51% Debt Debt-to-Equity Ratio1.81 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$884.07 million Price / Sales3.96 Cash Flow$0.17 per share Price / Cash Flow96.50 Book Value$11.70 per share Price / Book1.39Miscellaneous Outstanding Shares215,720,000Free Float214,577,000Market Cap$3.50 billion OptionableOptionable Beta2.51 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Scott W. Kingsmore (Age 56)Senior EVP, CFO & Treasurer Comp: $1.21MMs. Ann C. Menard (Age 60)Senior EVP, Chief Legal Officer & Secretary Comp: $1.2MMr. Douglas J. Healey (Age 61)Senior EVP & Head of Leasing Comp: $1.16MMr. Jackson Hsieh (Age 63)President, CEO & Director Mr. Christopher J. Zecchini (Age 60)Senior VP & Chief Accounting Officer Samantha GreeningDirector of Investor RelationsMs. Olivia Bartel LeighExecutive Vice President of Portfolio Operations & PeopleMr. Robert F. Beffa (Age 64)Senior Vice President of Real Estate Mr. Kenneth L. Volk (Age 61)Executive Vice President of Business Development Comp: $970.96kMs. Jamie BourbeauSenior Vice President of Outlet DivisionMore ExecutivesKey CompetitorsFederal Realty Investment TrustNYSE:FRTNNN REITNYSE:NNNAgree RealtyNYSE:ADCKite Realty Group TrustNYSE:KRGTangerNYSE:SKTView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 2,524 shares on 7/26/2024Ownership: 1.061%Bailard Inc.Bought 30,300 shares on 7/26/2024Ownership: 0.014%Louisiana State Employees Retirement SystemBought 1,500 shares on 7/24/2024Ownership: 0.050%SeaCrest Wealth Management LLCSold 22,753 shares on 7/22/2024Ownership: 0.018%Sumitomo Mitsui Trust Holdings Inc.Sold 2,313 shares on 7/19/2024Ownership: 0.112%View All Insider TransactionsView All Institutional Transactions MAC Stock Analysis - Frequently Asked Questions How have MAC shares performed this year? Macerich's stock was trading at $15.43 at the start of the year. Since then, MAC shares have increased by 5.1% and is now trading at $16.22. View the best growth stocks for 2024 here. How were Macerich's earnings last quarter? The Macerich Company (NYSE:MAC) posted its quarterly earnings results on Wednesday, February, 7th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.26. The company's revenue was up 4.6% compared to the same quarter last year. What is Art Coppola's approval rating as Macerich's CEO? 60 employees have rated Macerich Chief Executive Officer Art Coppola on Glassdoor.com. Art Coppola has an approval rating of 68% among the company's employees. Does Macerich have any subsidiaries? The following companies are subsidiaries of Macerich: Wilmorite Holdings LP, Westcor Realty Limited Partnership, 801-GALLERY ASSOCIATES L.P., 801-GALLERY C-3 ASSOCIATES L.P., 801-GALLERY GP LLC, 801 MARKET VENTURE GP LLC, Amphenol Sincere Industrial Product Gyarto. Kft, and others. Who are Macerich's major shareholders? Macerich's top institutional shareholders include Bank of New York Mellon Corp (1.06%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Lodestone Wealth Management LLC (0.07%) and Murphy Pohlad Asset Management LLC (0.05%). Insiders that own company stock include Edward C Coppola, Jackson Hsieh, Hern Thomas E O, Doug J Healey, Kenneth Volk, Scott W Kingsmore, Ann C Menard, Christopher J Zecchini and Steven L Soboroff. View institutional ownership trends. How do I buy shares of Macerich? Shares of MAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Macerich own? Based on aggregate information from My MarketBeat watchlists, some other companies that Macerich investors own include Energy Transfer (ET), Simon Property Group (SPG), AT&T (T), Wells Fargo & Company (WFC), Annaly Capital Management (NLY), Enterprise Products Partners (EPD) and Intel (INTC). This page (NYSE:MAC) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. 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