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MU   56.17 (-3.83%)
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Lowest-Rated Stocks  
NYSE:MAC

Macerich - MAC Stock Forecast, Price & News

$12.72
-0.46 (-3.49%)
(As of 11/28/2022 12:16 PM ET)
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Compare
Today's Range
$12.65
▼
$13.07
50-Day Range
$7.73
▼
$13.34
52-Week Range
$7.40
▼
$20.08
Volume
52,480 shs
Average Volume
2.82 million shs
Market Capitalization
$2.73 billion
P/E Ratio
N/A
Dividend Yield
5.16%
Price Target
$12.15

Macerich MarketRank™ Forecast

Analyst Rating
Hold
1.70 Rating Score
Upside/​Downside
7.8% Downside
$12.15 Price Target
Short Interest
Bearish
7.87% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.05
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$853,909 Bought Last Quarter
Proj. Earnings Growth
-3.09%
From $1.94 to $1.88 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.34 out of 5 stars

Finance Sector

862nd out of 894 stocks

Real Estate Investment Trusts Industry

179th out of 192 stocks

See Top Rated MarketRank™ Stocks Here
MAC stock logo

About Macerich (NYSE:MAC) Stock

Macerich 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 Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 - 2019).

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MAC Stock News Headlines

November 24, 2022 | americanbankingnews.com
Brokerages Set The Macerich Company (NYSE:MAC) PT at $12.86
November 18, 2022 | americanbankingnews.com
Macerich (NYSE:MAC) PT Raised to $9.00 at Piper Sandler
November 17, 2022 | finance.yahoo.com
Retailers, retail landlords cautiously optimistic about holiday shopping season amid inflation, economic worries
November 15, 2022 | finance.yahoo.com
Macerich to Host 2022 Investor Day
November 9, 2022 | finance.yahoo.com
Macerich Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
November 3, 2022 | finance.yahoo.com
Macerich (MAC) Q3 FFO and Revenues Miss Estimates
November 2, 2022 | finance.yahoo.com
Kite Realty Group (KRG) Q3 FFO and Revenues Top Estimates
November 2, 2022 | finance.yahoo.com
Is The Macerich Company's (NYSE:MAC) ROE Of 1.1% Concerning?
October 28, 2022 | finance.yahoo.com
Macerich Declares a 13.3% Quarterly Dividend Increase on Its Common Shares
October 18, 2022 | finance.yahoo.com
#1-RANKED MACERICH CELEBRATES GROWING GRESB PARTICIPATION, RAISING THE BAR FOR SUSTAINABILITY PERFORMANCE IN REAL ESTATE
October 13, 2022 | bizjournals.com
Thursday Digest: San Carlos site slated for life sciences campus; Grand jury's 49ers report - San Francisco Business Times - The Business Journals
October 12, 2022 | fortune.com
3 ways to improve diversity in the board room - Fortune
October 7, 2022 | finance.yahoo.com
Lock In High Dividend Yields Before These 3 REITs See A Major Price Jump - Yahoo Finance
October 6, 2022 | benzinga.com
Lock In High Dividend Yields Before These 3 REITs See A Major Price Jump - Tanger Factory Outlet (NYSE:SK - Benzinga
October 5, 2022 | seekingalpha.com
Macerich: The Bears Have Got This One Terribly Wrong (NYSE:MAC) - Seeking Alpha
October 4, 2022 | benzinga.com
Analyst Ratings for Macerich - Macerich (NYSE:MAC) - Benzinga
September 30, 2022 | seekingalpha.com
Macerich Stock: A Speculative Strong Buy (NYSE:MAC) - Seeking Alpha
September 29, 2022 | investorplace.com
7 Real Estate Stocks to Sell Before They Die - InvestorPlace
September 29, 2022 | nasdaq.com
Macerich (MAC) Moves 5.7% Higher: Will This Strength Last? - Nasdaq
September 29, 2022 | finance.yahoo.com
Macerich (MAC) Moves 5.7% Higher: Will This Strength Last?
September 23, 2022 | benzinga.com
Macerich Schedules Third Quarter 2022 Earnings Release And Conference Call - Macerich (NYSE:MAC) - Benzinga
September 22, 2022 | nasdaq.com
Wednesday 9/21 Insider Buying Report: ADV, MAC - Nasdaq
September 22, 2022 | fool.com
3 Ultra-High-Yield Dividend Stocks to Buy Before September Ends - The Motley Fool
September 9, 2022 | nasdaq.com
Here's Why Macerich Company (MAC) Stock Jumped 11.8% QTD - Nasdaq
September 9, 2022 | finance.yahoo.com
Here's Why Macerich Company (MAC) Stock Jumped 11.8% QTD
See More Headlines
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MAC Company Calendar

Last Earnings
5/09/2022
Ex-Dividend for 9/8 Dividend
8/18/2022
Dividend Payable
9/08/2022
Ex-Dividend for 12/2 Dividend
11/08/2022
Today
11/28/2022
Dividend Payable
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/09/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
Current Symbol
NYSE:MAC
CUSIP
55438210
CIK
912242
Web
www.macerich.com
Phone
(310) 394-6000
Fax
310-395-2791
Employees
639
Year Founded
1964

Price Target and Rating

Average Stock Price Forecast
$12.15
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$8.50
Forecasted Upside/Downside
-4.5%
Consensus Rating
Hold
Rating Score (0-4)
1.70
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.39)
Trailing P/E Ratio
N/A
Forward P/E Ratio
6.56
P/E Growth
1.99
Net Income
$14.26 million
Net Margins
-9.86%
Pretax Margin
-9.79%
Return on Equity
-2.76%
Return on Assets
-1.04%

Debt

Debt-to-Equity Ratio
1.46
Current Ratio
0.90
Quick Ratio
0.90

Sales & Book Value

Annual Sales
$847.44 million
Price / Sales
3.22
Cash Flow
$1.60 per share
Price / Cash Flow
7.96
Book Value
$14.91 per share
Price / Book
0.85

Miscellaneous

Outstanding Shares
214,785,000
Free Float
210,983,000
Market Cap
$2.73 billion
Optionable
Optionable
Beta
2.06

Social Links


Key Executives

  • Mr. Thomas E. O'Hern CPA (Age 66)
    CEO & Director
    Comp: $3.75M
  • Mr. Edward C. Coppola (Age 67)
    Pres & Director
    Comp: $3.6M
  • Mr. Scott W. Kingsmore (Age 54)
    Sr. EVP, CFO & Treasurer
    Comp: $1.45M
  • Ms. Ann C. Menard (Age 58)
    Sr. EVP, Chief Legal Officer & Sec.
    Comp: $1.42M
  • Mr. Douglas J. Healey (Age 59)
    Sr. EVP & Head of Leasing
    Comp: $1.42M
  • Mr. Christopher J. ZecchiniMr. Christopher J. Zecchini (Age 58)
    Sr. VP & Chief Accounting Officer
  • Samantha Greening
    Director of Investor Relations
  • Ms. Olivia Bartel Leigh
    Exec. VP of Portfolio Operations & People
  • Mr. Robert F. Beffa (Age 62)
    Sr. VP of Real Estate
  • Mr. Kenneth L. Volk (Age 59)
    Exec. VP of Bus. Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













MAC Stock - Frequently Asked Questions

Should I buy or sell Macerich stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Macerich in the last year. There are currently 5 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MAC, but not buy additional shares or sell existing shares.
View MAC analyst ratings or view top-rated stocks.

What is Macerich's stock price forecast for 2023?

10 Wall Street research analysts have issued 1-year target prices for Macerich's shares. Their MAC share price forecasts range from $8.50 to $20.00. On average, they anticipate the company's stock price to reach $12.15 in the next twelve months. This suggests that the stock has a possible downside of 7.8%.
View analysts price targets for MAC or view top-rated stocks among Wall Street analysts.

How have MAC shares performed in 2022?

Macerich's stock was trading at $17.28 at the start of the year. Since then, MAC shares have decreased by 23.7% and is now trading at $13.18.
View the best growth stocks for 2022 here.

When is Macerich's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our MAC earnings forecast.

How were Macerich's earnings last quarter?

The Macerich Company (NYSE:MAC) posted its quarterly earnings data on Monday, May, 9th. The real estate investment trust reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by $0.63. The real estate investment trust earned $216.10 million during the quarter, compared to the consensus estimate of $209.20 million. Macerich had a negative net margin of 9.86% and a negative trailing twelve-month return on equity of 2.76%. The business's revenue for the quarter was up 13.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 earnings per share.

How often does Macerich pay dividends? What is the dividend yield for Macerich?

Macerich declared a quarterly dividend on Friday, October 28th. Stockholders of record on Wednesday, November 9th will be given a dividend of $0.17 per share on Friday, December 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Tuesday, November 8th. This is a boost from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for MAC.

Is Macerich a good dividend stock?

Macerich (NYSE:MAC) pays an annual dividend of $0.68 per share and currently has a dividend yield of 5.16%. MAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MAC.

What guidance has Macerich issued on next quarter's earnings?

Macerich issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $1.93-$1.99 for the period. The company issued revenue guidance of -.

What is Art Coppola's approval rating as Macerich's CEO?

60 employees have rated Macerich Chief Executive Officer Art Coppola on Glassdoor.com. Art Coppola has an approval rating of 68% among the company's employees.

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 (ET), Simon Property Group (SPG), AT&T (T), Wells Fargo & Company (WFC), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), Intel (INTC), New Residential Investment (NRZ), AbbVie (ABBV) and Pfizer (PFE).

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.43%), BlackRock Inc. (13.93%), State Street Corp (6.07%), Epoch Investment Partners Inc. (1.81%), Letko Brosseau & Associates Inc. (1.64%) and Dimensional Fund Advisors LP (1.26%). Insiders that own company stock include Ann C Menard, Christopher J Zecchini, Dana K Anderson, Doug J Healey, Edward C Coppola, Hern Thomas E O, John H Alschuler Jr, Kenneth Volk, Scott W Kingsmore, Steven L Soboroff, Steven L Soboroff and Teachers Pension Plan Ontario.
View institutional ownership trends.

How do I buy shares of Macerich?

Shares of MAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Macerich's stock price today?

One share of MAC stock can currently be purchased for approximately $13.18.

How much money does Macerich make?

Macerich (NYSE:MAC) has a market capitalization of $2.83 billion and generates $847.44 million in revenue each year. The real estate investment trust earns $14.26 million in net income (profit) each year or ($0.39) on an earnings per share basis.

How many employees does Macerich have?

The company employs 639 workers across the globe.

Does Macerich have any subsidiaries?
The following companies are subsidiares of Macerich: 801 MARKET VENTURE GP LLC, 801-GALLERY ASSOCIATES L.P., 801-GALLERY C-3 ASSOCIATES L.P., 801-GALLERY GP LLC, AM TYSONS LLC, Amphenol Sincere Industrial Product Gyarto. Kft, BILTMORE SHOPPING CENTER PARTNERS LLC, BROOKLYN KINGS PLAZA LLC, CAM-CARSON LLC, COOLIDGE HOLDING LLC, CORTE MADERA VILLAGE LLC, COUNTRY CLUB PLAZA KC PARTNERS LLC, DANBURY MALL LLC, DESERT SKY MALL LLC, EAST MESA ADJACENT LLC, EAST MESA MALL L.L.C., FASHION OUTLETS II LLC, FASHION OUTLETS OF CHICAGO EXPANSION LLC, FASHION OUTLETS OF CHICAGO LLC, FIFTH WALL VENTURES II L.P., FIFTH WALL VENTURES L.P., FIFTH WALL VENTURES RETAIL FUND L.P., FOC ADJACENT LLC, FREE RACE MALL REST. L.P., FREEHOLD CHANDLER HOLDINGS LP, GOODYEAR PERIPHERAL LLC, GREEN ACRES ADJACENT LLC, HPP-MAC WSP LLC, KIERLAND COMMONS INVESTMENT LLC, KINGS PLAZA ENERGY LLC, KINGS PLAZA GROUND LEASE LLC, MACERICH ARIZONA MANAGEMENT LLC, MACERICH ARIZONA PARTNERS LLC, MACERICH BUENAVENTURA LIMITED PARTNERSHIP, MACERICH FARGO ASSOCIATES, MACERICH FRESNO ADJACENT LP, MACERICH FRESNO LIMITED PARTNERSHIP, MACERICH HHF BROADWAY PLAZA LLC, MACERICH HHF CENTERS LLC, MACERICH HOLDINGS LLC, MACERICH INLAND LP, MACERICH INVESTMENTS LLC, MACERICH JANSS MARKETPLACE HOLDINGS LLC, MACERICH LA CUMBRE 9.45 AC LLC, MACERICH LA CUMBRE GP LLC, MACERICH LA CUMBRE LP, MACERICH MANAGEMENT COMPANY, MACERICH NB FREEHOLD LLC, MACERICH NIAGARA LLC, MACERICH NORTH PARK MALL LLC, MACERICH OAKS LP, MACERICH PARTNERS OF COLORADO LLC, MACERICH PPR CORP., MACERICH PROPERTY MANAGEMENT COMPANY LLC, MACERICH SMP LP, MACERICH SOUTH PARK MALL LLC, MACERICH SOUTHRIDGE MALL LLC, MACERICH STONEWOOD CORP., MACERICH TYSONS LLC, MACERICH VALLEY RIVER CENTER LLC, MACERICH VICTOR VALLEY LP, MACERICH VINTAGE FAIRE LIMITED PARTNERSHIP, MACJ LLC, MACPT LLC, MACW FREEHOLD LLC, MACW MALL MANAGEMENT INC., MACW PROPERTY MANAGEMENT LLC, MACW TYSONS LLC, MACWH LP, MP PS LLC, MS PORTFOLIO LLC, MVRC HOLDING LLC, MW INVESTMENT GP CORP., NEW RIVER ASSOCIATES LLC, ONE SCOTTSDALE INVESTORS LLC, PACIFIC PREMIER RETAIL LLC, PM GALLERY LP, PROPCOR II ASSOCIATES LLC, PV LAND SPE LLC, QUEENS CENTER REIT LLC, QUEENS CENTER SPE LLC, RAILHEAD ASSOCIATES L.L.C., SCOTTSDALE FASHION SQUARE PARTNERSHIP, SM EASTLAND MALL LLC, SM VALLEY MALL LLC, THE MACERICH PARTNERSHIP L.P., THE WESTCOR COMPANY II LIMITED PARTNERSHIP, THE WESTCOR COMPANY LIMITED PARTNERSHIP, TM TRS HOLDING COMPANY LLC, TOWNE MALL L.L.C., TWC TUCSON LLC, TYSONS CORNER HOTEL I LLC, TYSONS CORNER LLC, TYSONS CORNER PROPERTY HOLDINGS II LLC, TYSONS CORNER PROPERTY LLC, VALLEY STREAM GREEN ACRES LLC, WESTCOR SANTAN ADJACENT LLC, WESTCOR SANTAN VILLAGE LLC, WESTCOR SURPRISE RSC II LLC, WESTCOR SURPRISE RSC LLC, WESTCOR/GOODYEAR L.L.C., WESTCOR/PARADISE RIDGE L.L.C., WESTCOR/SURPRISE LLC, WILTON MALL LLC, WMAP L.L.C., Westcor Realty Limited Partnership, and Wilmorite Holdings LP.
Read More
How can I contact Macerich?

Macerich's mailing address is 401 WILSHIRE BLVD STE 700, SANTA MONICA CA, 90401. The official website for the company is www.macerich.com. The real estate investment trust can be reached via phone at (310) 394-6000, via email at jean.wood@macerich.com, or via fax at 310-395-2791.

This page (NYSE:MAC) was last updated on 11/28/2022 by MarketBeat.com Staff