NYSE:MACMacerich Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Macerich Co Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.85 +0.05 (+0.64 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$7.53Now: $7.85▼$7.9450-Day Range$7.60MA: $8.31▼$9.2952-Week Range$4.54Now: $7.85▼$32.20Volume6.01 million shsAverage Volume3.97 million shsMarket Capitalization$1.17 billionP/E Ratio11.54Dividend Yield5.13%Beta1.7 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 51 million square feet of real estate consisting primarily of interests in 47 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 West Coast, 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 2014-2018. For the fourth straight year in 2018 Macerich achieved the #1 GRESB ranking in the North American Retail Sector, among many other environmental accomplishments.Read More Beat the Market (BTM) Rank™ 3.8 Analyst's Opinion Consensus RatingMacerich has received a consensus rating of Hold. The company's average rating score is 1.59, and is based on no buy ratings, 10 hold ratings, and 7 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.26, Macerich has a potential upside of 94.5% from its current price of $7.85.Amount of Analyst CoverageMacerich has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesMacerich has received 471 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMacerich has received 726 “underperform” votes. (Add your “underperform” vote.)Community SentimentMacerich has received 60.65% “underperform” votes from our community.MarketBeat'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. Previous Next 4.2 Dividend Strength Dividend LeadershipMacerich is a leading dividend payer. It pays a dividend yield of 5.13%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMacerich has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Macerich is 11.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Macerich will have a dividend payout ratio of 15.94% next year. This indicates that Macerich will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Macerich insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.15% of the stock of Macerich is held by insiders.Percentage Held by Institutions89.30% of the stock of Macerich is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Macerich are expected to grow by 2.45% in the coming year, from $2.45 to $2.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Macerich is 11.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Macerich is 11.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.69.Price to Book Value per Share RatioMacerich has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.8Community Rank: 2.0Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.69 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:MAC Previous Symbol CUSIP55438210 CIK912242 Webwww.macerich.com Phone310-394-6000Debt Debt-to-Equity Ratio2.19 Current Ratio3.05 Quick Ratio3.05Price-To-Earnings Trailing P/E Ratio11.54 Forward P/E Ratio3.20 P/E GrowthN/A Sales & Book Value Annual Sales$927.46 million Price / Sales1.26 Cash Flow$3.18 per share Price / Cash Flow2.47 Book Value$20.04 per share Price / Book0.39Profitability EPS (Most Recent Fiscal Year)$3.54 Net Income$96.82 million Net Margins10.40% Return on Equity3.38% Return on Assets1.08%Miscellaneous Employees715 Outstanding Shares149,440,000Market Cap$1.17 billion Next Earnings Date8/11/2020 (Confirmed) OptionableOptionable $7.85 +0.05 (+0.64 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Macerich (NYSE:MAC) Frequently Asked Questions How has Macerich's stock been impacted by COVID-19 (Coronavirus)? Macerich's stock was trading at $15.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MAC stock has decreased by 48.9% and is now trading at $7.85. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Macerich? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macerich in the last year. There are currently 7 sell ratings and 10 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Macerich. When is Macerich's next earnings date? Macerich is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for Macerich. How can I listen to Macerich's earnings call? Macerich will be holding an earnings conference call on Tuesday, August 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Macerich's earnings last quarter? Macerich Co (NYSE:MAC) issued its earnings results on Tuesday, May, 12th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.03. The real estate investment trust had revenue of $227 million for the quarter, compared to analysts' expectations of $214.96 million. Macerich had a net margin of 10.40% and a return on equity of 3.38%. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.05 earnings per share. View Macerich's earnings history. How often does Macerich pay dividends? What is the dividend yield for Macerich? Macerich announced a quarterly dividend on Friday, July 24th. Investors of record on Wednesday, August 19th will be given a dividend of $0.15 per share on Tuesday, September 8th. This represents a $0.60 dividend on an annualized basis and a yield of 7.64%. The ex-dividend date is Tuesday, August 18th. View Macerich's dividend history. What price target have analysts set for MAC? 17 brokerages have issued 1 year price objectives for Macerich's stock. Their forecasts range from $5.50 to $33.00. On average, they expect Macerich's share price to reach $15.26 in the next twelve months. This suggests a possible upside of 94.5% from the stock's current price. View analysts' price targets for Macerich. Has Macerich been receiving favorable news coverage? News coverage about MAC stock has trended very positive on Saturday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Macerich earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Macerich. Who are some of Macerich's key competitors? Some companies that are related to Macerich include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Alexander's (ALX), Retail Opportunity Investments (ROIC), Getty Realty (GTY), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG). View all competitors. What other stocks do shareholders of Macerich own? Based on aggregate information from My MarketBeat watchlists, some companies that other Macerich investors own include Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), AT&T (T), New Residential Investment (NRZ), Simon Property Group (SPG), Enterprise Products Partners (EPD), AbbVie (ABBV), Tanger Factory Outlet Centers (SKT), Exxon Mobil (XOM) and Occidental Petroleum (OXY). Who are Macerich's key executives? Macerich's management team includes the following people: Mr. Thomas E. O'Hern CPA, CEO & Director (Age 63)Mr. Edward C. Coppola, Pres & Director (Age 64)Mr. Scott W. Kingsmore, Exec. VP, CFO & TreasurerMr. Christopher J. Zecchini, Sr. VP & Chief Accounting Officer (Age 55)Mr. J. P. Jones, Sr. VP & Chief Information Officer What is Macerich's stock symbol? Macerich trades on the New York Stock Exchange (NYSE) under the ticker symbol "MAC." Who are Macerich's major shareholders? Macerich's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Duality Advisers LP (0.54%), Creative Planning (0.53%), Principal Financial Group Inc. (0.49%), Great Lakes Advisors LLC (0.23%), SG Americas Securities LLC (0.23%) and First Trust Advisors LP (0.22%). Company insiders that own Macerich stock include Andrea M Stephen, Ann C Menard, Arthur M Coppola, Christopher J Zecchini, Dana K Anderson, Daniel J Hirsch, Doug J Healey, Edward C Coppola, Hern Thomas E O, John H Alschuler Jr, Kenneth Volk, Scott W Kingsmore, Steve Hash and Steven L Soboroff. View institutional ownership trends for Macerich. Which institutional investors are selling Macerich stock? MAC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., New York State Common Retirement Fund, State Board of Administration of Florida Retirement System, Oakwood Capital Management LLC CA, Nisa Investment Advisors LLC, Camelot Portfolios LLC, Eii Capital Management Inc., and BNP PARIBAS ASSET MANAGEMENT Holding S.A.. View insider buying and selling activity for Macerich. Which institutional investors are buying Macerich stock? MAC stock was purchased by a variety of institutional investors in the last quarter, including Duality Advisers LP, Creative Planning, Principal Financial Group Inc., Great Lakes Advisors LLC, First Trust Advisors LP, SG Americas Securities LLC, AE Wealth Management LLC, and Teamwork Financial Advisors LLC. Company insiders that have bought Macerich stock in the last two years include Andrea M Stephen, Ann C Menard, Dana K Anderson, Daniel J Hirsch, Doug J Healey, Edward C Coppola, Hern Thomas E O, John H Alschuler Jr, Kenneth Volk, Scott W Kingsmore, Steve Hash, and Steven L Soboroff. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Macerich's stock price today? One share of MAC stock can currently be purchased for approximately $7.85. How big of a company is Macerich? Macerich has a market capitalization of $1.17 billion and generates $927.46 million in revenue each year. The real estate investment trust earns $96.82 million in net income (profit) each year or $3.54 on an earnings per share basis. Macerich employs 715 workers across the globe. What is Macerich's official website? The official website for Macerich is 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. This page was last updated on 8/8/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
