NYSE:MAC - Macerich Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $50.04 -0.60 (-1.18 %) (As of 12/10/2018 04:00 PM ET)Previous Close$50.64Today's Range$49.51 - $50.685052-Week Range$48.16 - $69.73Volume798,426 shsAverage Volume1.24 million shsMarket Capitalization$7.14 billionP/E Ratio12.73Dividend Yield5.89%Beta0.83 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Macerich, an S&P 500 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. Macerich currently owns 52 million square feet of real estate consisting primarily of interests in 48 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the Pacific Rim, Arizona, Chicago, and the New York Metro area to Washington DC corridor. A recognized leader in sustainability, Macerich has earned NAREIT's prestigious "Leader in the Light" award every year from 2014-2017. For the third straight year in 2017 Macerich achieved the #1 GRESB ranking in the North American Retail Sector, among many other environmental accomplishments. Receive MAC News and Ratings via Email Sign-up to receive the latest news and ratings for MAC and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:MAC Previous Symbol CUSIP55438210 Webwww.macerich.com Phone310-394-6000 Debt Debt-to-Equity Ratio1.48 Current Ratio0.96 Quick Ratio0.96 Price-To-Earnings Trailing P/E Ratio12.73 Forward P/E Ratio13.00 P/E Growth2.18 Sales & Book Value Annual Sales$993.66 million Price / Sales7.10 Cash Flow$3.7094 per share Price / Cash Flow13.49 Book Value$28.19 per share Price / Book1.78 Profitability EPS (Most Recent Fiscal Year)$3.93 Net Income$146.13 million Net Margins8.35% Return on Equity3.29% Return on Assets1.25% Miscellaneous Employees855 Outstanding Shares141,050,000Market Cap$7.14 billion OptionableOptionable Macerich (NYSE:MAC) Frequently Asked Questions What is Macerich's stock symbol? Macerich trades on the New York Stock Exchange (NYSE) under the ticker symbol "MAC." How often does Macerich pay dividends? What is the dividend yield for Macerich? Macerich declared a quarterly dividend on Thursday, October 25th. Investors of record on Friday, November 9th will be given a dividend of $0.75 per share on Monday, December 3rd. This represents a $3.00 annualized dividend and a dividend yield of 6.00%. The ex-dividend date is Thursday, November 8th. This is an increase from Macerich's previous quarterly dividend of $0.74. View Macerich's Dividend History. How will Macerich's stock buyback program work? Macerich announced that its board has approved a stock buyback plan on Friday, April 7th 2017, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued. How were Macerich's earnings last quarter? Macerich Co (NYSE:MAC) posted its earnings results on Wednesday, October, 31st. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.20 by $0.32. The real estate investment trust earned $242.20 million during the quarter, compared to the consensus estimate of $220.02 million. Macerich had a net margin of 8.35% and a return on equity of 3.29%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same period in the previous year, the business posted $0.12 earnings per share. View Macerich's Earnings History. When is Macerich's next earnings date? Macerich is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Macerich. What guidance has Macerich issued on next quarter's earnings? Macerich issued an update on its FY18 earnings guidance on Wednesday, October, 31st. The company provided EPS guidance of $3.82-3.87 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.84. Macerich also updated its FY 2018 guidance to $3.82-3.87 EPS. What price target have analysts set for MAC? 17 brokerages have issued twelve-month price objectives for Macerich's stock. Their predictions range from $54.00 to $75.00. On average, they anticipate Macerich's stock price to reach $63.3438 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Macerich. What is the consensus analysts' recommendation for Macerich? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macerich in the last year. There are currently 1 sell rating, 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Macerich. What are Wall Street analysts saying about Macerich stock? Here are some recent quotes from research analysts about Macerich stock: 1. According to Zacks Investment Research, "Shares of Macerich have outperformed its industry over the past three months. Moreover, in September, the company and Simon Property Group announced a collaboration to create Los Angeles Premium Outlets. The move is aimed at luring the high-density affluent neighborhood and international tourists, and leverage on the improving spending habits of wealthier customers amid improving economy. The company is repurposing properties as well as improving merchandizing mix. However, despite the company resorting to different strategies in a bid to improve asset quality, shrinking footfall amid shift of consumers toward online channels, store closures and bankruptcy of retailers are expected to adversely affect the company’s performance in the near term. Also, hike in interest rates remains a concern for the company." (10/22/2018) 2. Boenning Scattergood analysts commented, "We reiterate our Outperform rating and price target of $75 per share, a discount to our estimated NAV of approximately $84." (2/7/2018) Has Macerich been receiving favorable news coverage? Media coverage about MAC stock has been trending very positive on Monday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Macerich earned a news impact score of 3.9 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. Who are some of Macerich's key competitors? Some companies that are related to Macerich include Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Boston Properties (BXP), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY), Essex Property Trust (ESS), HCP (HCP), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO) and ANNALY CAP MGMT/SH (NLY). Who are Macerich's key executives? Macerich's management team includes the folowing people: Mr. Arthur M. Coppola CPA, Chief Exec. Officer (Age 66)Mr. Edward C. Coppola, Pres & Director (Age 63)Mr. Thomas E. O'Hern CPA, Sr. EVP, CFO, Treasurer & Director (Age 62)Mr. J. P. Jones, Sr. VP & CIOMs. Jean Wood, VP of Investor Relations Who are Macerich's major shareholders? Macerich's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.79%), BlackRock Inc. (8.22%), Morgan Stanley (4.08%), FMR LLC (2.40%), Hsbc Holdings PLC (1.94%) and Dimensional Fund Advisors LP (1.42%). Company insiders that own Macerich stock include Arthur M Coppola, Dana K Anderson, Hern Thomas E O and Robert D Perlmutter. View Institutional Ownership Trends for Macerich. Which major investors are selling Macerich stock? MAC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, HAP Trading LLC, BlackRock Inc., Crabel Capital Management LLC, Canada Pension Plan Investment Board, Teachers Advisors LLC, Mitsubishi UFJ Trust & Banking Corp and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Macerich. Which major investors are buying Macerich stock? MAC stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Hsbc Holdings PLC, Deutsche Bank AG, Russell Investments Group Ltd., JPMorgan Chase & Co., JPMorgan Chase & Co., Macquarie Group Ltd. and Bank of New York Mellon Corp. View Insider Buying and Selling for Macerich. How do I buy shares of Macerich? Shares of MAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Macerich's stock price today? One share of MAC stock can currently be purchased for approximately $50.04. How big of a company is Macerich? Macerich has a market capitalization of $7.14 billion and generates $993.66 million in revenue each year. The real estate investment trust earns $146.13 million in net income (profit) each year or $3.93 on an earnings per share basis. Macerich employs 855 workers across the globe. What is Macerich's official website? The official website for Macerich is http://www.macerich.com. How can I contact Macerich? Macerich's mailing address is 401 WILSHIRE BLVD STE 700, SANTA MONICA CA, 90401. The real estate investment trust can be reached via phone at 310-394-6000. MarketBeat Community Rating for Macerich (NYSE MAC)Community Ranking: 2.0 out of 5 ( )Outperform Votes: 403 (Vote Outperform)Underperform Votes: 609 (Vote Underperform)Total Votes: 1,012MarketBeat's community ratings are surveys of what our community members think about Macerich and other stocks. Vote "Outperform" if you believe MAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MAC will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/10/2018 by MarketBeat.com StaffFeatured Article: How Do You Calculate Return on Equity (ROE)?