NYSE:MACMacerich Stock Price, Forecast & News

Macerich's stock was trading at $15.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MAC stock has decreased by 46.8% and is now trading at $8.18.
View which stocks have been most impacted by COVID-19.

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.

Macerich is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Macerich.

Macerich Co (NYSE:MAC) posted its quarterly earnings data on Tuesday, August, 11th. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.30) by $0.12. The real estate investment trust earned $168.70 million during the quarter, compared to analyst estimates of $200.70 million. Macerich had a return on equity of 3.38% and a net margin of 10.40%. The company's revenue for the quarter was down 25.9% on a year-over-year basis. During the same period last year, the company posted $0.88 EPS.
View Macerich's earnings history.

Macerich declared a quarterly dividend on Friday, July 24th. Shareholders 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 7.33%. The ex-dividend date of this dividend is Tuesday, August 18th.
View Macerich's dividend history.

17 Wall Street analysts have issued 12-month price targets for Macerich's stock. Their forecasts range from $5.50 to $33.00. On average, they expect Macerich's stock price to reach $15.26 in the next year. This suggests a possible upside of 86.6% from the stock's current price.
View analysts' price targets for Macerich.

News stories about MAC stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Macerich earned a media sentiment score of -4.1 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.
View the latest news about Macerich.

Macerich saw a increase in short interest in February. As of February 15th, there was short interest totaling 38,240,000 shares, an increase of 11.3% from the January 31st total of 34,350,000 shares. Based on an average trading volume of 3,100,000 shares, the days-to-cover ratio is currently 12.3 days. Currently, 27.3% of the company's shares are sold short.
View Macerich's Short Interest.

Some companies that are related to Macerich include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Agree Realty (ADC), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Alexander's (ALX), Getty Realty (GTY), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Macerich investors own include Energy Transfer LP Unit (ET), Simon Property Group (SPG), ANNALY CAP MGMT/SH (NLY), AT&T (T), Enterprise Products Partners (EPD), New Residential Investment (NRZ), Wells Fargo & Co (WFC), Intel (INTC), AbbVie (ABBV) and Occidental Petroleum (OXY).

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

Macerich's stock is owned by a variety of institutional and retail investors. Top institutional investors include Ontario Teachers Pension Plan Board (16.44%), Bank of New York Mellon Corp (1.45%), Goldman Sachs Group Inc. (0.85%), Prudential Financial Inc. (0.56%), Duality Advisers LP (0.54%) and Creative Planning (0.53%). 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.

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, Goldman Sachs Group Inc., Prudential Financial Inc., Oakwood Capital Management LLC CA, HighTower Advisors LLC, and Nisa Investment Advisors LLC.
View insider buying and selling activity for Macerich.

MAC stock was acquired by a variety of institutional investors in the last quarter, including Ontario Teachers Pension Plan Board, Duality Advisers LP, Creative Planning, Principal Financial Group Inc., Great Lakes Advisors LLC, First Trust Advisors LP, SG Americas Securities LLC, and Advisors Asset Management Inc.. 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.

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 $8.18.

Macerich has a market capitalization of $1.22 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.

The official website for Macerich is 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.