Macerich Company (The) Company Profile (NYSE:MAC)

About Macerich Company (The)

Macerich Company (The) logoThe Macerich Company 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. It owns 56 million square feet of real estate consisting primarily of interests in 51 regional shopping centers. It specializes in retail properties in many of the country's populated markets with significant presence in the Pacific Rim, Arizona, Chicago and the Metro New York to Washington, DC corridor.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: MAC
  • CUSIP: 55438210
Key Metrics:
  • Previous Close: $66.41
  • 50 Day Moving Average: $69.53
  • 200 Day Moving Average: $75.17
  • 52-Week Range: $143,985,000.00 - $66.00
  • Trailing P/E Ratio: 18.87
  • Foreward P/E Ratio: 86.25
  • P/E Growth: -943.36
  • Market Cap: $9.56B
  • Outstanding Shares: 143,985,000
  • Beta: 0.79
Profitability:
  • Net Margins: 49.65%
  • Return on Equity: 11.24%
  • Return on Assets: 5.19%
Debt:
  • Debt-to-Equity Ratio: 1.12%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.79%
Additional Links:
Companies Related to Macerich Company (The):

Analyst Ratings

Consensus Ratings for Macerich Company (The) (NYSE:MAC) (?)
Ratings Breakdown: 1 Sell Rating, 10 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $79.58 (19.84% upside)

Analysts' Ratings History for Macerich Company (The) (NYSE:MAC)
Show:
DateFirmActionRatingPrice TargetDetails
2/7/2017Stifel NicolausLower Price TargetHold$76.00 -> $74.00View Rating Details
2/7/2017Jefferies Group LLCReiterated RatingHold$74.00View Rating Details
1/23/2017Barclays PLCLower Price TargetEqual Weight$83.00 -> $69.00View Rating Details
1/23/2017Canaccord GenuityLower Price TargetHold$84.00 -> $77.00View Rating Details
1/12/2017BMO Capital MarketsSet Price TargetHold$75.00View Rating Details
1/3/2017BTIG ResearchInitiated CoverageBuy$76.00 -> $82.00View Rating Details
12/23/2016MizuhoReiterated RatingBuyView Rating Details
12/21/2016KeyCorpUpgradeOverweightView Rating Details
10/4/2016Deutsche Bank AGBoost Price TargetHold$84.00 -> $87.00View Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetNeutral$83.00 -> $87.00View Rating Details
8/2/2016Credit Suisse GroupReiterated RatingSell$78.00View Rating Details
5/6/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$82.00 -> $87.00View Rating Details
4/6/2016Boenning ScattergoodDowngradeOutperform -> NeutralView Rating Details
3/28/2016Bank of America CorpDowngradeBuy -> NeutralView Rating Details
3/21/2016Evercore ISIBoost Price Target$81.00View Rating Details
1/14/2016SunTrust Banks, Inc.Boost Price TargetNeutral$80.00 -> $83.00View Rating Details
10/14/2015Cowen and CompanyBoost Price Target$85.50 -> $102.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$84.00 -> $81.00View Rating Details
5/11/2015Citigroup Inc.Boost Price TargetNeutral$78.00 -> $82.00View Rating Details
4/17/2015Morgan StanleyReiterated RatingEqual -> Equal Weight$79.00View Rating Details
4/13/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$82.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Macerich Company (The) (NYSE:MAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/6/2017Q416$1.16$1.17$278.73 millionViewListenView Earnings Details
10/27/2016Q316$1.04$1.04$257.87 million$253.37 millionViewListenView Earnings Details
8/1/2016Q216$0.98$1.02$252.32 million$259.90 millionViewListenView Earnings Details
5/3/2016Q116$0.86$0.87$288.89 million$256.00 millionViewListenView Earnings Details
2/3/2016Q415$1.07$1.12$336.22 million$320.80 millionViewListenView Earnings Details
10/27/2015Q315$0.98$1.01$324.77 million$326.30 millionViewListenView Earnings Details
7/23/2015Q215$0.93$0.97$315.11 million$322.80 millionViewListenView Earnings Details
4/29/2015Q115$0.83$0.79$299.94 million$318.34 millionViewListenView Earnings Details
2/4/2015Q414$0.39$0.99$162.39 million$322.90 millionViewListenView Earnings Details
10/28/2014Q314$0.89$0.88$150.80 million$150.40 millionViewListenView Earnings Details
7/23/2014Q214$0.84$0.86$149.60 million$254.33 millionViewListenView Earnings Details
4/29/2014Q114$0.85$0.81$149.37 million$264.50 millionViewListenView Earnings Details
2/5/2014Q413$0.92$0.94$289.50 millionViewListenView Earnings Details
10/29/2013Q313$0.83$0.86$241.21 million$269.10 millionViewListenView Earnings Details
8/6/2013Q213$0.81$0.87$282.21 million$262.90 millionViewListenView Earnings Details
2/6/2013Q412$0.87$0.90$218.47 million$251.20 millionViewListenView Earnings Details
10/31/2012$0.75$0.78ViewN/AView Earnings Details
8/1/2012$0.73$0.74ViewN/AView Earnings Details
5/2/2012$0.71$0.76ViewN/AView Earnings Details
2/3/2012$0.87$0.87ViewN/AView Earnings Details
11/1/2011$0.74$0.75ViewN/AView Earnings Details
7/28/2011$0.72$0.72ViewN/AView Earnings Details
5/5/2011$0.58$0.52ViewN/AView Earnings Details
2/8/2011$0.78$0.77ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Macerich Company (The) (NYSE:MAC)
Current Year EPS Consensus Estimate: $0.64 EPS
Next Year EPS Consensus Estimate: $0.77 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.83$0.88$0.86
Q2 20164$0.95$1.00$0.98
Q3 20164$1.02$1.05$1.04
Q4 20164$1.14$1.22$1.18
Q1 20172$0.97$1.02$1.00
Q2 20172$0.96$1.06$1.01
Q3 20171$0.95$0.95$0.95
Q4 20172$1.10$1.25$1.18
Q1 20181$0.97$0.97$0.97
Q2 20181$0.97$0.97$0.97
Q3 20181$1.00$1.00$1.00
Q4 20181$1.13$1.13$1.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Macerich Company (The) (NYSE:MAC)
Annual Dividend:$2.84
Dividend Yield:4.28%
Dividend Growth:5.20% (3 Year Average)
Payout Ratio:83.04% (Based on Trailing 12 Months of Earnings)
443.75% (Based on Current Year Consensus EPS Estimate)
368.83% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Macerich Company (The) (NYSE:MAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/9/2017quarterly$0.714.15%2/16/20172/21/20173/3/2017
10/21/2016quarterly$0.713.69%11/8/201611/11/201612/2/2016
7/22/2016quarterly$0.683.06%8/17/20168/19/20169/8/2016
4/26/2016quarterly$0.683.52%5/3/20165/5/20166/3/2016
1/29/2016quarterly$0.683.46%2/17/20162/19/20163/4/2016
11/3/2015special$2.003.19%11/9/201511/12/20151/6/2016
11/2/2015special$2.003.19%11/9/201511/12/201512/8/2015
10/23/2015quarterly$0.683.23%11/9/201511/12/201512/4/2015
7/24/2015quarterly$0.653.34%8/18/20158/20/20159/8/2015
4/24/2015quarterly$0.653.12%5/6/20155/8/20156/5/2015
2/2/2015quarterly$0.652.99%2/18/20152/20/20153/6/2015
10/23/2014quarterly$0.653.81%11/7/201411/12/201412/5/2014
7/24/2014quarterly$0.623.71%8/18/20148/20/20149/5/2014
4/25/2014quarterly$0.623.84%5/7/20145/9/20146/6/2014
1/30/2014quarterly$0.624.38%2/19/20142/21/20143/7/2014
10/24/2013quarterly$0.624.15%11/7/201311/12/201312/6/2013
8/7/2013quarterly$0.583.76%8/16/20138/20/20139/6/2013
4/26/2013quarterly$0.583.34%5/8/20135/10/20136/7/2013
2/4/2013quarterly$0.583.84%2/20/20132/22/20132/28/2013
2/1/2013quarterly$0.582/22/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Macerich Company (The) (NYSE:MAC)
Insider Ownership Percentage: 3.54%
Institutional Ownership Percentage: 93.27%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/17/2017Hern Thomas E OEVPSell5,000$70.00$350,000.00View SEC Filing  
1/3/2017Robert D PerlmutterEVPSell1,500$70.79$106,185.00View SEC Filing  
11/11/2016Robert D PerlmutterEVPSell1,500$70.00$105,000.00View SEC Filing  
11/9/2016Dana K AndersonVice ChairmanBuy10,000$67.78$677,800.00View SEC Filing  
10/3/2016Robert D PerlmutterEVPSell1,500$79.45$119,175.00View SEC Filing  
9/23/2016Randy L. BrantEVPSell24,250$83.10$2,015,175.00View SEC Filing  
9/1/2016Robert D PerlmutterEVPSell1,500$81.52$122,280.00View SEC Filing  
8/1/2016Robert D PerlmutterEVPSell1,500$89.79$134,685.00View SEC Filing  
7/1/2016Robert D PerlmutterCOOSell1,500$85.49$128,235.00View SEC Filing  
6/15/2016Hern Thomas E OCFOSell5,000$79.03$395,150.00View SEC Filing  
6/1/2016Robert D PerlmutterCOOSell1,500$76.44$114,660.00View SEC Filing  
5/16/2016Hern Thomas E OCFOSell5,000$74.71$373,550.00View SEC Filing  
5/2/2016Robert D PerlmutterCOOSell1,500$77.13$115,695.00View SEC Filing  
4/15/2016Hern Thomas E OCFOSell5,000$78.85$394,250.00View SEC Filing  
4/1/2016Robert D PerlmutterCOOSell1,500$79.53$119,295.00View SEC Filing  
3/15/2016Hern Thomas E OCFOSell5,000$79.42$397,100.00View SEC Filing  
3/8/2016Thomas J LeanseEVPSell17,166$78.95$1,355,255.70View SEC Filing  
3/1/2016Robert D PerlmutterCOOSell1,500$79.97$119,955.00View SEC Filing  
2/29/2016Randy L. BrantEVPSell1,700$79.63$135,371.00View SEC Filing  
2/22/2016Thomas J LeanseEVPSell7,500$78.89$591,675.00View SEC Filing  
2/16/2016Hern Thomas E. OCFOSell5,000$75.66$378,300.00View SEC Filing  
1/15/2016Hern Thomas E. OCFOSell5,000$75.55$377,750.00View SEC Filing  
5/19/2015Teachers Pension Plan OntarioDirectorBuy1,186,000$83.22$98,698,920.00View SEC Filing  
5/15/2015Teachers Pension Plan OntarioDirectorBuy1,455,785$82.88$120,655,460.80View SEC Filing  
5/12/2015Teachers Pension Plan OntarioDirectorBuy358,215$81.63$29,241,090.45View SEC Filing  
5/7/2015Teachers Pension Plan OntarioDirectorBuy3,117,710$81.56$254,280,427.60View SEC Filing  
2/12/2015Eric V SaloEVPSell10,515$87.00$914,805.00View SEC Filing  
2/11/2015Randy L BrantEVPSell15,314$87.60$1,341,506.40View SEC Filing  
2/10/2015Hern Thomas E OCFOSell20,885$87.30$1,823,260.50View SEC Filing  
2/10/2015Thomas J LeanseEVPSell27,500$87.46$2,405,150.00View SEC Filing  
12/31/2014Minerals Plc EcrInsiderSell150,000$0.02$2,250.00
9/15/2014Hern Thomas E OCFOSell5,000$64.09$320,450.00View SEC Filing  
9/3/2014Randy L BrantEVPSell3,100$65.80$203,980.00View SEC Filing  
8/14/2014Hern Thomas E OCFOSell5,000$66.30$331,500.00View SEC Filing  
7/15/2014Hern Thomas E OCFOSell5,000$67.74$338,700.00View SEC Filing  
6/13/2014Hern Thomas E OCFOSell5,000$64.58$322,900.00View SEC Filing  
5/14/2014Eric SaloEVPSell17,391$65.39$1,137,197.49View SEC Filing  
5/14/2014Hern Thomas OCFOSell5,000$65.03$325,150.00View SEC Filing  
4/15/2014Hern Thomas OCFOSell5,000$63.56$317,800.00View SEC Filing  
3/19/2014Randy BrantEVPSell10,345$60.93$630,320.85View SEC Filing  
3/7/2014Thomas LeanseEVPSell2,100$60.33$126,693.00View SEC Filing  
3/6/2014Randy BrantEVPSell18,000$61.03$1,098,540.00View SEC Filing  
11/4/2013Hern Thomas E OCFOSell15,000$60.00$900,000.00View SEC Filing  
9/20/2013Diana LaingDirectorSell1,695$58.20$98,649.00View SEC Filing  
8/15/2013Robert PerlmutterEVPBuy1,000$58.54$58,540.00View SEC Filing  
8/13/2013Fred HubbellDirectorBuy1,500$60.39$90,585.00View SEC Filing  
7/30/2013Hern Thomas E OCFOSell5,000$63.74$318,700.00View SEC Filing  
6/28/2013Hern Thomas E OCFOSell5,000$60.79$303,950.00View SEC Filing  
5/30/2013Hern Thomas E OCFOSell5,000$66.07$330,350.00View SEC Filing  
5/24/2013Thomas J LeanseEVPBuy1,000$66.46$66,460.00View SEC Filing  
11/8/2012Robert D PerlmutterEVPBuy1,000$56.68$56,680.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Macerich Company (The) (NYSE:MAC)
DateHeadline
News IconRevenue Approximations Analysis: The Macerich Company (MAC), Stillwater Mining Company (SWC) - StockNewsJournal (NYSE:MAC)
www.stocknewsjournal.com - February 17 at 2:12 PM
News IconLocal, national retailers face uncertain future (NYSE:MAC)
www.stamfordadvocate.com - February 16 at 6:00 PM
marketexclusive.com logoTHE MACERICH COMPANY (NYSE:MAC) Files An 8-K Regulation FD Disclosure (NYSE:MAC)
marketexclusive.com - February 16 at 6:00 PM
seekingalpha.com logoMacerich: Is Retail Contagion Spreading To Class A Malls? (NYSE:MAC)
seekingalpha.com - February 16 at 6:00 PM
capitalcube.com logoMacroAsia Corp. : Fairly valued, but may deserve another look (NYSE:MAC)
www.capitalcube.com - February 16 at 6:00 PM
nasdaq.com logoEx-Dividend Reminder: Fidelity & Guaranty Life, Macerich and Kemper (NYSE:MAC)
www.nasdaq.com - February 14 at 7:54 PM
law360.com logoREIT Macerich's Board OKs $500M Share Repurchase (NYSE:MAC)
www.law360.com - February 14 at 5:36 AM
reuters.com logoBRIEF-Macerich announces $500 mln share repurchase program (NYSE:MAC)
www.reuters.com - February 13 at 10:29 AM
finance.yahoo.com logoMacerich announces $500 Million share repurchase program (NYSE:MAC)
finance.yahoo.com - February 13 at 10:29 AM
seekingalpha.com logoMacerich announces $500M buyback plan (NYSE:MAC)
seekingalpha.com - February 13 at 9:13 AM
News IconFashion Outlets to celebrate Lunar New Year (NYSE:MAC)
www.wnypapers.com - February 12 at 4:33 AM
News IconThe Macerich Company (MAC), Scripps Networks Interactive, Inc. (SNI) Stock Eyes Ahead of Earnings - The USA Commerce (NYSE:MAC)
theusacommerce.com - February 10 at 12:26 AM
capitalcube.com logoMacerich Co. :MAC-US: Earnings Analysis: 2016 By the Numbers : February 9, 2017 (NYSE:MAC)
www.capitalcube.com - February 9 at 7:24 PM
finance.yahoo.com logoMacerich Declares The Quarterly Dividend On Its Common Shares (NYSE:MAC)
finance.yahoo.com - February 9 at 7:24 PM
News IconThe Macerich Company (MAC) : Checking the Chart - The USA Commerce (NYSE:MAC)
www.theusacommerce.com - February 9 at 5:17 AM
News IconAnalysts At Stifel Nicolaus Reiterated The Macerich Company (NYSE:MAC) As Hold (NYSE:MAC)
xboxonezone.com - February 9 at 12:16 AM
News IconRosemont mall owner could get option for land to expand (NYSE:MAC)
www.dailyherald.com - February 8 at 7:14 PM
biz.yahoo.com logoMACERICH CO Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial St (NYSE:MAC)
us.rd.yahoo.com - February 8 at 7:14 PM
capitalcube.com logoMacerich Co. :MAC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 8, 2017 (NYSE:MAC)
www.capitalcube.com - February 8 at 7:14 PM
finance.yahoo.com logoEdited Transcript of MAC earnings conference call or presentation 7-Feb-17 7:00pm GMT (NYSE:MAC)
finance.yahoo.com - February 8 at 5:46 AM
streetinsider.com logoThe Macerich Company (MAC) PT Lowered to $74 at Stifel; Reiterates Hold - StreetInsider.com (NYSE:MAC)
www.streetinsider.com - February 8 at 12:44 AM
streetinsider.com logoJefferies Maintains Hold Rating on Macerich (MAC) Following Weak FY17 Outlook (NYSE:MAC)
www.streetinsider.com - February 7 at 7:42 PM
seekingalpha.com logoMacerich's (MAC) CEO Art Coppola on Q4 2016 Results - Earnings Call Transcript (NYSE:MAC)
seekingalpha.com - February 7 at 7:42 PM
biz.yahoo.com logoMacerich Co Earnings Call scheduled for 2:00 pm ET today (NYSE:MAC)
biz.yahoo.com - February 7 at 7:42 PM
baystreet.ca logoMacerich (MAC) Flat with Earnings Soon for Release (NYSE:MAC)
www.baystreet.ca - February 6 at 6:30 PM
reuters.com logoBRIEF-Macerich reports Q4 FFO per share $1.17 (NYSE:MAC)
www.reuters.com - February 6 at 6:30 PM
seekingalpha.com logoMacerich: The Future Of Malls (NYSE:MAC)
seekingalpha.com - February 6 at 6:30 PM
nasdaq.com logoMacerich Company Issues Earnings Guidance - Quick Facts (NYSE:MAC)
www.nasdaq.com - February 6 at 6:30 PM
us.rd.yahoo.com logoMacerich Announces Strong Quarterly Results (NYSE:MAC)
us.rd.yahoo.com - February 6 at 6:30 PM
us.rd.yahoo.com logo4:14 pm Macerich reports FFO in-line; guides FY17 FFO in-line (NYSE:MAC)
us.rd.yahoo.com - February 6 at 6:30 PM
sg.finance.yahoo.com logoMacerich reports 4Q results (NYSE:MAC)
sg.finance.yahoo.com - February 6 at 6:30 PM
biz.yahoo.com logoQ4 2016 Macerich Co Earnings Release - After Market Close (NYSE:MAC)
biz.yahoo.com - February 6 at 10:05 AM
News IconFuture of downtown Scottsdale may be realized through Millennial focus (NYSE:MAC)
www.scottsdaleindependent.com - February 4 at 12:09 AM
News IconA Look Ahead For 2 Stocks: The Macerich Company (NYSE:MAC), Flowers Foods, Inc. (NYSE:FLO) - Post Analyst (NYSE:MAC)
postanalyst.com - February 3 at 7:07 PM
News IconThe Case for and Against The Macerich Company (MAC) - StockNewsJournal (NYSE:MAC)
stocknewsjournal.com - February 3 at 7:07 PM
News IconEarnings Forecast Research on Macerich Company (The) (MAC) - Highland Mirror (NYSE:MAC)
www.highlandmirror.com - February 1 at 5:20 AM
News IconFollowing the Charts on Shares of The Macerich Company (MAC) - Market Point (NYSE:MAC)
mtptnews.com - January 28 at 11:31 PM
News IconIs The Macerich Company (NYSE:MAC), a large market cap stock a smart buy? (NYSE:MAC)
twincountynews.com - January 27 at 11:34 PM
News IconAnalysts Sentiment on Macerich Company (The) (MAC) - Highland Mirror (NYSE:MAC)
www.highlandmirror.com - January 26 at 8:13 PM
News IconUpdate on The Macerich Company (NYSE:MAC) for the day (NYSE:MAC)
twincountynews.com - January 25 at 7:50 PM
News IconCanaccord Genuity Just Issued "Hold" Rating on Macerich Co (MAC) - Highland Mirror (NYSE:MAC)
www.highlandmirror.com - January 25 at 12:06 AM
News IconMacerich Sells Pair of Underperforming Centers - CoStar Group (NYSE:MAC)
www.costar.com - January 25 at 12:06 AM
News IconSan Rafael's Northgate mall sold to Merlone Geier Partners - Marin Independent Journal (NYSE:MAC)
www.marinij.com - January 25 at 12:06 AM
4-traders.com logoMacerich : Cascade Mall sold a few months after mass shooting (NYSE:MAC)
www.4-traders.com - January 23 at 11:43 PM
News IconCascade Mall sold a few months after mass shooting (NYSE:MAC)
www.seattletimes.com - January 23 at 6:41 PM
News IconMacerich announces sale of Cascade Mall in Burlington, WA and Northgate Mall in San Rafael, CA to Merlone Geier Partners (NYSE:MAC)
eprretailnews.com - January 23 at 10:19 AM
capitalcube.com logoMacerich Co. breached its 50 day moving average in a Bullish Manner : MAC-US : January 23, 2017 (NYSE:MAC)
www.capitalcube.com - January 23 at 10:19 AM
law360.com logoPrivate RE Firm Merlone Geier Pays $170M For 2 US Malls (NYSE:MAC)
www.law360.com - January 21 at 12:12 AM
streetinsider.com logoForm 4 MACERICH CO For: Dec 23 Filed by: O HERN THOMAS E - StreetInsider.com (NYSE:MAC)
www.streetinsider.com - January 20 at 1:24 AM
seekingalpha.com logoMacerich sells two more non-core properties - Seeking Alpha (NYSE:MAC)
seekingalpha.com - January 20 at 1:24 AM

Social

What is Macerich Company (The)'s stock symbol?

Macerich Company (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "MAC."

How often does Macerich Company (The) pay dividends? What is the dividend yield for Macerich Company (The)?

Macerich Company (The) declared a quarterly dividend on Thursday, February 9th. Shareholders of record on Tuesday, February 21st will be given a dividend of $0.71 per share on Friday, March 3rd. This represents a $2.84 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date is Thursday, February 16th.

Where is Macerich Company (The)'s stock going? Where will Macerich Company (The)'s stock price be in 2017?

15 analysts have issued 12-month price objectives for Macerich Company (The)'s shares. Their forecasts range from $69.00 to $87.00. On average, they anticipate Macerich Company (The)'s stock price to reach $79.58 in the next twelve months.

When will Macerich Company (The) announce their earnings?

Macerich Company (The) is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about Macerich Company (The) stock?

Here are some recent quotes from research analysts about Macerich Company (The) stock:

  • Stifel Nicolaus analysts commented, "Macerich's high productivity mall portfolio is healthy. However, 2017 guidance was well below consensus and we look for the REIT to provide additional details surrounding the shortfall. Same store NOI growth decelerated in 4Q (as expected) to 2.1% as a tough comp and recent store closures weighed. MAC generated same store NOI of 5% in 2016, above its 4.5%-4.75% guidance range. While the retail environment is challenging, retailer demand for high productivity mall space is steady and MAC is taking advantage of the demand to re-tenant underperforming retailers and strengthen future growth. MAC sold two malls subsequent to quarter-end for $170 million and will use the proceeds to fund redevelopment activity, enhancing portfolio quality." (2/7/2017)
  • According to Zacks Investment Research, "Macerich is slated to report fourth-quarter and full year 2016 results on Feb 6. Lately, ahead of its earnings, its estimates have moved south. Further, over the past one year, its shares underperformed the Zacks-categorized REIT and Equity Trust – Retail industry. Notably, increasing consumer purchases through the Internet has emerged as a pressing concern for retail REITs, including Macerich. Further, geographic concentration of assets and hike in interest rate are concerns before the company. However, Macerich’s premium portfolio, presence of well-capitalized tenants in its centers, aggressive capital-recycling program and adoption of omni-channel retailing strategies are expected to aid its top-line growth going forward." (1/12/2017)

Who owns Macerich Company (The) stock?

Macerich Company (The)'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (5.50%), FMR LLC (3.66%), Dimensional Fund Advisors LP (1.34%), Renaissance Technologies LLC (0.44%), Asset Management One Co. Ltd. (0.34%) and Guggenheim Capital LLC (0.26%). Company insiders that own Macerich Company (The) stock include Dana K Anderson, Hern Thomas E O, Randy L Brant, Robert D Perlmutter, Teachers Pension Plan Ontario and Thomas J Leanse.

Who sold Macerich Company (The) stock? Who is selling Macerich Company (The) stock?

Macerich Company (The)'s stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Third Avenue Management LLC, Janus Capital Management LLC, TCW Group Inc., State Street Corp, AQR Capital Management LLC, Franklin Resources Inc. and NN Investment Partners Holdings N.V.. Company insiders that have sold Macerich Company (The) stock in the last year include Hern Thomas E O, Randy L Brant, Robert D Perlmutter and Thomas J Leanse.

Who bought Macerich Company (The) stock? Who is buying Macerich Company (The) stock?

Macerich Company (The)'s stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, V3 Capital Management L.P., Asset Management One Co. Ltd., Russell Investments Group Ltd., Alyeska Investment Group L.P., Guggenheim Capital LLC, Credit Agricole S A and Heitman Real Estate Securities LLC. Company insiders that have bought Macerich Company (The) stock in the last two years include Dana K Anderson and Teachers Pension Plan Ontario.

How do I buy Macerich Company (The) stock?

Shares of Macerich Company (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Macerich Company (The) stock cost?

One share of Macerich Company (The) stock can currently be purchased for approximately $66.41.

Macerich Company (The) (NYSE:MAC) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Macerich Company (The) (NYSE:MAC)

Earnings History Chart

Earnings by Quarter for Macerich Company (The) (NYSE:MAC)

Dividend History Chart

Dividend Payments by Quarter for Macerich Company (The) (NYSE:MAC)

Last Updated on 2/19/2017 by MarketBeat.com Staff