NYSE:MAC

The Macerich Stock Forecast, Price & News

$12.60
+0.10 (+0.80 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$12.48
Now: $12.60
$13.00
50-Day Range
$11.57
MA: $12.75
$14.25
52-Week Range
$5.43
Now: $12.60
$25.99
Volume10.74 million shs
Average Volume9.06 million shs
Market Capitalization$1.95 billion
P/E RatioN/A
Dividend Yield4.87%
Beta2.07
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 Â- 2019).
The Macerich logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP55438210
Phone310-394-6000
Employees659
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$927.46 million
Cash Flow$3.10 per share
Book Value$20.04 per share

Profitability

Net Income$96.82 million

Miscellaneous

Market Cap$1.95 billion
Next Earnings Date5/11/2021 (Estimated)
OptionableOptionable

Headlines

Mizuho Raises The Macerich (NYSE:MAC) Price Target to $12.50
April 15, 2021 |  americanbankingnews.com
Macerich Renews Corporate Credit Facility
April 14, 2021 |  finance.yahoo.com
The Macerich (NYSE:MAC) PT Lowered to $11.20
April 14, 2021 |  americanbankingnews.com
The Macerich (NYSE:MAC) Price Target Cut to $11.20
April 8, 2021 |  americanbankingnews.com
Strangling Macerich
April 8, 2021 |  seekingalpha.com
Macerich Sells Paradise Valley Mall For $100M
April 5, 2021 |  finance.yahoo.com
Macerich sells Phoenix mall for $100 million
April 3, 2021 |  bizjournals.com
What Can We Make Out Of Macerich's Dilution?
March 31, 2021 |  seekingalpha.com
Is Macerich (MAC) A Smart Long-Term Buy?
March 30, 2021 |  finance.yahoo.com
The Macerich (NYSE:MAC) Shares Down 6.4%
March 29, 2021 |  americanbankingnews.com
Macerich Revises 2021 Earnings Outlook- Quick Facts
March 26, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

1.78 out of 5 stars

Finance Sector

349th out of 1,953 stocks

Real Estate Investment Trusts Industry

84th out of 274 stocks

Analyst Opinion: 0.8Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$12.60
+0.10 (+0.80 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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The Macerich (NYSE:MAC) Frequently Asked Questions

Is The Macerich a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Macerich in the last year. There are currently 8 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" The Macerich stock. 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 analyst ratings for The Macerich
or view top-rated stocks.

What stocks does MarketBeat like better than The Macerich?

Wall Street analysts have given The Macerich a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Macerich wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is The Macerich's next earnings date?

The Macerich is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for The Macerich
.

How were The Macerich's earnings last quarter?

The Macerich Company (NYSE:MAC) posted its quarterly earnings data on Wednesday, February, 10th. The real estate investment trust reported ($0.18) EPS for the quarter, missing the Zacks' consensus estimate of $0.54 by $0.72. The Macerich had a negative net margin of 1.55% and a negative trailing twelve-month return on equity of 1.03%.
View The Macerich's earnings history
.

How has The Macerich's stock been impacted by Coronavirus (COVID-19)?

The 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 shares have decreased by 18.0% and is now trading at $12.60.
View which stocks have been most impacted by COVID-19
.

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

The Macerich announced a quarterly dividend on Thursday, January 28th. Shareholders of record on Friday, February 19th will be paid a dividend of $0.15 per share on Wednesday, March 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date of this dividend is Thursday, February 18th.
View The Macerich's dividend history
.

Is The Macerich a good dividend stock?

The Macerich pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.87%. MAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The Macerich does not yet have a strock track record of dividend growth. The dividend payout ratio of The Macerich is 16.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Macerich will have a dividend payout ratio of 26.20% next year. This indicates that The Macerich will be able to sustain or increase its dividend.
View The Macerich's dividend history.

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

The Macerich updated its FY21 earnings guidance on Friday, April, 2nd. The company provided earnings per share guidance of $1.77-1.97 for the period, compared to the Thomson Reuters consensus estimate of $2.14.

What price target have analysts set for MAC?

14 brokers have issued 1 year price targets for The Macerich's stock. Their forecasts range from $5.50 to $15.00. On average, they expect The Macerich's share price to reach $10.23 in the next twelve months. This suggests that the stock has a possible downside of 18.8%.
View analysts' price targets for The Macerich
or view top-rated stocks among Wall Street analysts.

Who are The Macerich's key executives?

The Macerich's management team includes the following people:
  • Mr. Thomas E. O'Hern CPA, CEO & Director (Age 65, Pay $2.94M)
  • Mr. Edward C. Coppola, Pres & Director (Age 66, Pay $2.96M)
  • Mr. Scott W. Kingsmore, Sr. EVP, CFO & Treasurer (Age 53, Pay $1.14M)
  • Mr. Kenneth L. Volk, Exec. VP of Bus. Devel. (Age 58, Pay $1.25M)
  • Mr. Douglas J. Healey, Sr. EVP & Head of Leasing (Age 58, Pay $1.21M)
  • Mr. Christopher J. Zecchini, Sr. VP & Chief Accounting Officer (Age 57)
  • Ms. Jean Wood, VP of Investor Relations
  • Ms. Ann C. Menard, Sr. EVP, Chief Legal Officer & Sec. (Age 57)
  • Ms. Olivia Bartel Leigh, Exec. VP of Portfolio Operations & People
  • Mr. Robert F. Beffa, Sr. VP of Real Estate (Age 61)

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

60 employees have rated The Macerich CEO Art Coppola on Glassdoor.com. Art Coppola has an approval rating of 68% among The Macerich's employees.

Who are some of The Macerich's key competitors?

What other stocks do shareholders of The Macerich own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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 The Macerich's stock symbol?

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

Who are The Macerich's major shareholders?

The Macerich's stock is owned by many different retail and institutional investors. Top institutional shareholders include Teamwork Financial Advisors LLC (0.13%), Retirement Systems of Alabama (0.10%), Clear Harbor Asset Management LLC (0.07%), State of Alaska Department of Revenue (0.05%), Grassi Investment Management (0.02%) and Clear Street Markets LLC (0.02%). Company insiders that own The Macerich stock include Andrea M Stephen, 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, Steve Hash, Steven L Soboroff and Teachers Pension Plan Ontario.
View institutional ownership trends for The Macerich
.

Which institutional investors are selling The Macerich stock?

MAC stock was sold by a variety of institutional investors in the last quarter, including Teamwork Financial Advisors LLC. Company insiders that have sold The Macerich company stock in the last year include Dana K Anderson, and Teachers Pension Plan Ontario.
View insider buying and selling activity for The Macerich
or view top insider-selling stocks.

Which institutional investors are buying The Macerich stock?

MAC stock was purchased by a variety of institutional investors in the last quarter, including Clear Harbor Asset Management LLC, Grassi Investment Management, Clear Street Markets LLC, State of Alaska Department of Revenue, Crossmark Global Holdings Inc., Retirement Systems of Alabama, NEXT Financial Group Inc, and Louisiana State Employees Retirement System. Company insiders that have bought The Macerich stock in the last two years include Andrea M Stephen, Ann C Menard, Dana K Anderson, 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 The Macerich
or or view top insider-buying stocks.

How do I buy shares of The Macerich?

Shares of MAC 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 The Macerich's stock price today?

One share of MAC stock can currently be purchased for approximately $12.60.

How much money does The Macerich make?

The Macerich has a market capitalization of $1.95 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.

How many employees does The Macerich have?

The Macerich employs 659 workers across the globe.

What is The Macerich's official website?

The official website for The Macerich is www.macerich.com.

Where are The Macerich's headquarters?

The Macerich is headquartered at 401 WILSHIRE BLVD STE 700, SANTA MONICA CA, 90401.

How can I contact The Macerich?

The 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 or via email at [email protected]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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