NYSE:MAC - Macerich Stock Price, Forecast & News

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

Macerich announced a quarterly dividend on Thursday, October 24th. Investors of record on Friday, November 8th will be paid a dividend of $0.75 per share on Tuesday, December 3rd. This represents a $3.00 dividend on an annualized basis and a yield of 11.47%. The ex-dividend date is Thursday, November 7th. View Macerich's Dividend History.

Macerich Co (NYSE:MAC) issued its quarterly earnings results on Thursday, October, 31st. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.02. The real estate investment trust had revenue of $214.30 million for the quarter, compared to analysts' expectations of $216.69 million. Macerich had a net margin of 8.76% and a return on equity of 2.69%. The business's revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.52 EPS. View Macerich's Earnings History.

Macerich is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Macerich.

Macerich updated its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share guidance of $2.50-3.58 for the period, compared to the Thomson Reuters consensus estimate of $3.53.

13 Wall Street analysts have issued 1 year price targets for Macerich's stock. Their forecasts range from $19.00 to $50.00. On average, they anticipate Macerich's stock price to reach $31.62 in the next year. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Macerich.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macerich in the last year. There are currently 5 sell ratings and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Macerich.

News headlines about MAC stock have been trending negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive 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 -5 to 5, with scores closest to five being the most favorable. Macerich earned a coverage optimism score of -2.2 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Macerich.

Some companies that are related to Macerich include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Weingarten Realty Investors (WRI), Agree Realty (ADC), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Taubman Centers (TCO), Alexander's (ALX), Kite Realty Group Trust (KRG) and Tanger Factory Outlet Centers (SKT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Macerich investors own include Simon Property Group (SPG), AT&T (T), AbbVie (ABBV), Exxon Mobil (XOM), Pfizer (PFE), Gilead Sciences (GILD), Enbridge (ENB), Tanger Factory Outlet Centers (SKT), CVS Health (CVS) and Energy Transfer LP Unit (ET).

Macerich's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Nisa Investment Advisors LLC (0.05%), State of Alaska Department of Revenue (0.04%), Triad Investment Management (0.04%), Commerzbank Aktiengesellschaft FI (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and Wealthfront Advisers LLC (0.02%). Company insiders that own Macerich stock include Andrea M Stephen, Arthur M Coppola, Christopher J Zecchini, Dana K Anderson, Daniel J Hirsch, Edward C Coppola, Hern Thomas E O, Kenneth Volk, Scott W Kingsmore and Steve Hash. View Institutional Ownership Trends for Macerich.

MAC stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Triad Investment Management. Company insiders that have sold Macerich company stock in the last year include Christopher J Zecchini and Kenneth Volk. View Insider Buying and Selling for Macerich.

MAC stock was acquired by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, Camelot Portfolios LLC, Wealthfront Advisers LLC and IFP Advisors Inc. Company insiders that have bought Macerich stock in the last two years include Andrea M Stephen, Daniel J Hirsch, Edward C Coppola, Hern Thomas E O, Kenneth Volk, Scott W Kingsmore and Steve Hash. View Insider Buying and Selling for 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.

One share of MAC stock can currently be purchased for approximately $26.16.

Macerich has a market capitalization of $3.70 billion and generates $960.35 million in revenue each year. The real estate investment trust earns $60.02 million in net income (profit) each year or $3.85 on an earnings per share basis. Macerich employs 715 workers across the globe.View Additional Information About Macerich.

The official website for Macerich is http://www.macerich.com/.

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.