NYSE:MACMacerich Stock Price, Forecast & News

Macerich's stock was trading at $15.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MAC stock has decreased by 50.6% and is now trading at $7.60.
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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 Tuesday, August 11th 2020.
View our earnings forecast for Macerich.

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.

Macerich Co (NYSE:MAC) released its earnings results on Tuesday, May, 12th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. The real estate investment trust earned $227 million during the quarter, compared to analysts' expectations of $214.96 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 up 4.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.05 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 annualized dividend and a dividend yield of 7.89%. The ex-dividend date is Tuesday, August 18th.
View Macerich's dividend history.

17 brokers 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 stock price to reach $15.26 in the next year. This suggests a possible upside of 100.9% from the stock's current price.
View analysts' price targets for Macerich.

News articles about MAC stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Macerich earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about Macerich.

Macerich saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 60,440,000 shares, an increase of 17.3% from the June 15th total of 51,530,000 shares. Based on an average daily trading volume, of 8,530,000 shares, the days-to-cover ratio is presently 7.1 days. Currently, 43.1% of the shares of the company are short sold.
View Macerich's Current Options Chain.

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).
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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), 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).

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

Macerich's stock is owned by many different retail and institutional investors. Top institutional investors include Duality Advisers LP (0.54%), Creative Planning (0.53%), SG Americas Securities LLC (0.23%), First Trust Advisors LP (0.22%), Sumitomo Mitsui Trust Holdings Inc. (0.18%) and Strs Ohio (0.16%). 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 Oakwood Capital Management LLC CA, Nisa Investment Advisors LLC, Camelot Portfolios LLC, Eii Capital Management Inc., and Dupont Capital Management Corp.
View insider buying and selling activity for Macerich.

MAC stock was acquired by a variety of institutional investors in the last quarter, including Duality Advisers LP, Creative Planning, First Trust Advisors LP, SG Americas Securities LLC, Teamwork Financial Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, NN Investment Partners Holdings N.V., and NN Investment Partners Holdings N.V.. 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 $7.60.

Macerich has a market capitalization of $1.08 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.