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. Stockholders 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 dividend yield of 12.62%. The ex-dividend date of this dividend is Thursday, November 7th. View Macerich's Dividend History.

Macerich Co (NYSE:MAC) released its earnings results on Thursday, October, 31st. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.02. The real estate investment trust had revenue of $214.30 million for the quarter, compared to the consensus estimate of $216.69 million. Macerich had a return on equity of 2.69% and a net margin of 8.76%. The firm's revenue was down 4.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.52 earnings per share. 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 will be holding an earnings conference call on Thursday, February 6th 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 updated its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $2.50-3.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.53.

13 equities research analysts have issued 1-year target prices for Macerich's shares. Their forecasts range from $19.00 to $50.00. On average, they anticipate Macerich's stock price to reach $31.62 in the next twelve months. This suggests a possible upside of 33.0% 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 stories about MAC stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Macerich earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. 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), AbbVie (ABBV), AT&T (T), Exxon Mobil (XOM), Energy Transfer LP Unit (ET), Enbridge (ENB), Pfizer (PFE), Macquarie Infrastructure (MIC), Tanger Factory Outlet Centers (SKT) and Gilead Sciences (GILD).

Macerich's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Presima Inc. (0.75%), California Public Employees Retirement System (0.22%), Strs Ohio (0.12%), Retirement Systems of Alabama (0.10%), New York State Teachers Retirement System (0.09%) and Nisa Investment Advisors LLC (0.05%). 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 Presima Inc., Zurcher Kantonalbank Zurich Cantonalbank , California Public Employees Retirement System, SG Americas Securities LLC, Nisa Investment Advisors LLC, Virginia Retirement Systems ET AL, New York State Teachers Retirement System and Meag Munich Ergo Kapitalanlagegesellschaft MBH. 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 bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Arizona State Retirement System, Commerzbank Aktiengesellschaft FI, Dupont Capital Management Corp, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, Camelot Portfolios LLC and Magnus Financial Group LLC. 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 $23.77.

Macerich has a market capitalization of $3.36 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.