The Macerich Company Profile (NYSE:MAC)

About The Macerich

The Macerich 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: $82.11
  • 50 Day Moving Average: $86.69
  • 200 Day Moving Average: $80.54
  • Trailing P/E Ratio: 13.79
  • Foreward P/E Ratio: 18.66
  • P/E Growth: 2.74
  • Market Cap: $11.79B
  • Outstanding Shares: 143,625,000
  • Beta: 0.99
Additional Links:
Companies Related to The Macerich:

Analyst Ratings

Consensus Ratings for The Macerich (NYSE:MAC) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $85.93 (4.65% upside)

Analysts' Ratings History for The Macerich (NYSE:MAC)
DateFirmActionRatingPrice TargetDetails
8/16/2016Canaccord GenuityBoost Price TargetHold$80.00 -> $84.00View Rating Details
8/5/2016JPMorgan Chase & Co.Boost Price TargetNeutral$83.00 -> $87.00View Rating Details
8/2/2016Credit Suisse Group AGReiterated RatingSell$78.00View Rating Details
7/18/2016Deutsche Bank AGBoost Price TargetHold$83.00 -> $84.00View Rating Details
5/6/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$82.00 -> $87.00View Rating Details
5/5/2016Jefferies GroupReiterated RatingHold$78.00View Rating Details
4/13/2016MizuhoInitiated CoverageNeutral$88.00View Rating Details
4/6/2016Boenning ScattergoodDowngradeOutperform -> NeutralView Rating Details
3/28/2016Bank of America Corp.DowngradeBuy -> 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
10/20/2015Barclays PLCBoost Price TargetEqual Weight$84.00 -> $88.00View 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.Initiated CoverageNeutral$82.00View Rating Details
2/5/2015MLV & Co.Reiterated RatingHold$80.00View Rating Details
11/24/2014Sandler O'NeillDowngradeBuy -> Hold$77.00 -> $82.00View Rating Details
11/21/2014KeyCorpDowngradeBuy -> HoldView Rating Details
11/20/2014BMO Capital MarketsDowngradeOutperform -> Market Perform$74.00 -> $76.00View Rating Details
(Data available from 8/24/2014 forward)


Earnings History for The Macerich (NYSE:MAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for The Macerich (NYSE:MAC)
Current Year EPS Consensus Estimate: $4.09 EPS
Next Year EPS Consensus Estimate: $4.4 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.83$0.88$0.86
Q2 20164$0.95$1.00$0.98
Q3 20163$1.02$1.04$1.03
Q4 20164$1.17$1.25$1.21
Q1 20171$1.03$1.03$1.03
Q2 20171$1.06$1.06$1.06
Q3 20171$1.07$1.07$1.07
Q4 20171$1.24$1.24$1.24
Q1 20181$1.09$1.09$1.09
Q2 20181$1.12$1.12$1.12
(Data provided by Zacks Investment Research)


Current Dividend Information for The Macerich (NYSE:MAC)
Annual Dividend:$2.72
Dividend Yield:3.31%
Payout Ratio:45.87% (Based on Trailing 12 Months of Earnings)
66.50% (Based on Current Year Consensus EPS Estimate)
61.82% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:5.70% (3 Year Average)

Dividend History for The Macerich (NYSE:MAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for The Macerich (NYSE:MAC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for The Macerich (NYSE:MAC)
News IconREIT – Retail: The Macerich Company (NYSE:MAC) Position of the day (NYSE:MAC) - August 19 at 6:00 PM
News IconLarge Cap REIT – Retail: The Macerich Company (NYSE:MAC) (NYSE:MAC) - August 18 at 9:07 AM logoMacerich Becomes Oversold (MAC) (NYSE:MAC) - August 17 at 1:58 PM logoMACERICH CO : ex-dividend day (NYSE:MAC) - August 17 at 9:07 AM
News IconTop Gainers of the Day: The Macerich Company (NYSE:MAC) from REIT – Retail (NYSE:MAC) - August 17 at 9:07 AM logoLook for Shares of Macerich to Potentially Rebound after Yesterday's 1.33% Sell Off (NYSE:MAC) - August 16 at 6:10 PM logoMacroAsia Corp. : Neutral assessment on price but strong on fundamentals (NYSE:MAC) - August 16 at 6:10 PM
News IconLeading stocks in today’s market: The Macerich Company (NYSE:MAC) (NYSE:MAC) - August 15 at 6:15 PM logoETF’s with exposure to Macerich Co. : August 15, 2016 (NYSE:MAC) - August 15 at 6:15 PM logoForm 4 MACERICH CO For: Feb 23 Filed by: SOBOROFF STEVEN L (NYSE:MAC) - August 13 at 5:50 PM
News IconUpdate on The Macerich Company (NYSE:MAC) for the day (NYSE:MAC) - August 13 at 5:50 PM logoMacerich Co. breached its 50 day moving average in a Bearish Manner : MAC-US : August 12, 2016 (NYSE:MAC) - August 12 at 9:17 AM logoMall operator stocks take a beating after Macy's says it will close stores (NYSE:MAC) - August 11 at 6:23 PM logoMACERICH CO Financials (NYSE:MAC) - August 9 at 6:17 PM
News IconIs The Macerich Company (NYSE:MAC), a large market cap stock a smart buy? (NYSE:MAC) - August 8 at 6:16 PM logoMacerich Co. :MAC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:MAC) - August 5 at 6:12 PM logoMACERICH CO Files SEC form 10-Q, Quarterly Report (NYSE:MAC) - August 3 at 6:25 PM logoRegency Centers (REG) Beats Q2 FFO and Revenue Estimates (NYSE:MAC) - August 3 at 6:25 PM logoMacerich Co. Bottom Line Climbs 6% In Q2 (NYSE:MAC) - August 2 at 6:21 PM logoEdited Transcript of MAC earnings conference call or presentation 1-Aug-16 6:00pm GMT (NYSE:MAC) - August 2 at 10:52 AM logoMACERICH CO Files SEC form 8-K/A, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial (NYSE:MAC) - August 1 at 5:53 PM logoMacerich's (MAC) Q2 FFO & Revenues Beat, Reaffirms View (NYSE:MAC) - August 1 at 10:00 AM logoMacerich (MAC) Beats on Q2 FFO, Revenues Estimates (NYSE:MAC) - August 1 at 8:44 AM logoMacerich reports 2Q results (NYSE:MAC) - August 1 at 7:12 AM logoQ2 2016 Macerich Earnings Conference Call (NYSE:MAC) - July 30 at 8:48 PM
News Icon"The Q" developer getting Moline city revolving loan (NYSE:MAC) - July 28 at 9:12 AM logoMacerich (MAC) to Report Q2 Earnings: What's in the Cards? (NYSE:MAC) - July 27 at 10:18 AM logoNo Bargains For This Luxury Mall REIT (NYSE:MAC) - July 26 at 9:10 AM
News IconThe Macerich Company declares quarterly cash dividend of $.68 per share of common stock (NYSE:MAC) - July 26 at 9:10 AM logoNo Bargains For This Luxury Mall REIT - Seeking Alpha (NYSE:MAC) - July 25 at 10:35 AM
News IconHighwoods sells two of its remaining Kansas City properties (NYSE:MAC) - July 22 at 5:57 PM logoMacerich Declares The Quarterly Dividend On Its Common Shares (NYSE:MAC) - July 22 at 4:15 PM logoMacerich Company (The) Common S (MAC) Position Down in Latest Report from Shinko Asset Management Co., Ltd. - Finance Daily (NYSE:MAC) - July 22 at 9:00 AM
News IconMoline council approves TIF funds for multimodal station construction (NYSE:MAC) - July 21 at 6:17 PM
News IconMacerich Company (NYSE:MAC) Shorted Shares Decreased By 35.33% - Consumer Eagle (NYSE:MAC) - July 21 at 8:53 AM
News IconLikely to relocate, mall bus stop will remain for now (NYSE:MAC) - July 20 at 6:45 PM logoMacerich : Likely to relocate, Victor Valley mall bus stop will remain for now (NYSE:MAC) - July 20 at 9:00 AM
News Icon-5.21% to Target, Deutsche Bank Reiterates Hold Rating for Macerich (NYSE:MAC) Stock - Press Telegraph (NYSE:MAC) - July 19 at 12:11 PM logoNoteworthy Monday Option Activity: MAC, GPC, REGN (NYSE:MAC) - July 18 at 6:13 PM
News IconLarge Inflow of Money Detected in Macerich Company (The) - TheFounders Daily (NYSE:MAC) - July 15 at 10:23 AM logoBRIEF-Macerich Co enters into second amended, restated credit agreement - Reuters (NYSE:MAC) - July 14 at 9:41 AM logoShort Interest Moves 35.3% Lower For MAC (NYSE:MAC) - July 13 at 6:27 PM
News IconCarson Could Build A Mall On Former NFL Stadium Site (NYSE:MAC) - July 12 at 6:19 PM logoBRIEF-Macerich Co enters into second amended, restated credit agreement (NYSE:MAC) - July 12 at 6:19 PM logoMACERICH CO Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet (NYSE:MAC) - July 12 at 4:17 PM
News IconMacerich Company (NYSE:MAC) Shorts Decreased by 20.05% After Short Covering - Consumer Eagle (NYSE:MAC) - July 12 at 10:27 AM
News IconCarson's Failed NFL Stadium Site Could Become an Upscale Outlet Mall - Curbed LA (NYSE:MAC) - July 11 at 10:45 AM
News IconHow Many Macerich Co (NYSE:MAC)'s Analysts Are Bullish? - Engelwood Daily (NYSE:MAC) - July 11 at 10:45 AM
News IconCarson Might Literally Build A 'High End' Outlet Mall On Top Of A Garbage Dump (NYSE:MAC) - July 10 at 10:19 AM
News IconCarson might get outlet mall on land once eyed for NFL stadium (NYSE:MAC) - July 8 at 6:09 PM


The Macerich (NYSE:MAC) Chart for Wednesday, August, 24, 2016

Last Updated on 8/24/2016 by Staff