Macerich Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Macerich in the last year. There are currently 5 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" 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 Macerich or view top-rated stocks.

10 equities research analysts have issued 1-year target prices for Macerich's stock. Their MAC stock forecasts range from $9.00 to $35.00. On average, they expect Macerich's share price to reach $17.10 in the next twelve months. This suggests a possible upside of 82.5% from the stock's current price.
View analysts' price targets for Macerich or view top-rated stocks among Wall Street analysts.

Macerich's stock was trading at $17.28 at the beginning of 2022. Since then, MAC shares have decreased by 45.8% and is now trading at $9.37.
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Macerich saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 18,760,000 shares, a decline of 16.3% from the May 15th total of 22,400,000 shares. Based on an average daily volume of 3,110,000 shares, the short-interest ratio is presently 6.0 days.
View Macerich's Short Interest.

Macerich is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Macerich.

Macerich will be holding an earnings conference call on Thursday, July 28th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "6093850".

The Macerich Company (NYSE:MAC) issued 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 had revenue of $216.10 million for the quarter, compared to the consensus estimate of $209.20 million. Macerich had a trailing twelve-month return on equity of 1.29% and a net margin of 4.66%. The company's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 EPS.
View Macerich's earnings history.

Macerich declared a quarterly dividend on Monday, May 9th. Stockholders of record on Friday, May 20th will be given a dividend of $0.15 per share on Friday, June 3rd. This represents a $0.60 annualized dividend and a yield of 6.40%. The ex-dividend date is Thursday, May 19th.
View Macerich's dividend history.

Macerich(NYSE:MAC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 6.72%. MAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Macerich is 300.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Macerich will have a dividend payout ratio of 30.77% next year. This indicates that Macerich will be able to sustain or increase its dividend.
View Macerich's dividend history.

Macerich issued an update on its FY 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share guidance of $1.90-$2.04 for the period. The company issued revenue guidance of -.

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

Some companies that are related to Macerich include Realty Income (O), Simon Property Group (SPG), Kimco Realty (KIM), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Agree Realty (ADC), Kite Realty Group Trust (KRG), Retail Opportunity Investments (ROIC), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), Getty Realty (GTY), Saul Centers (BFS), RPT Realty (RPT), Urstadt Biddle Properties (UBA) and Cedar Realty Trust (CDR).
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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).

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

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.
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One share of MAC stock can currently be purchased for approximately $9.37.

Macerich (NYSE:MAC) has a market capitalization of $2.01 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 $0.20 on an earnings per share basis.

Macerich employs 639 workers across the globe.

Macerich was founded in 1964.

Macerich's mailing address is 401 WILSHIRE BLVD STE 700, SANTA MONICA CA, 90401. The official website for Macerich 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.