The Macerich Stock Forecast, Price & News

The Macerich's stock was trading at $15.37 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MAC shares have decreased by 51.3% and is now trading at $7.49.
View which stocks have been most impacted by COVID-19.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Macerich in the last year. There are currently 8 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Sell."
View analyst ratings for The Macerich.

The Macerich is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for The Macerich.

The Macerich will be holding an earnings conference call on Thursday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

The Macerich Company (NYSE:MAC) posted its earnings results on Tuesday, August, 11th. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.30) by $0.12. The real estate investment trust had revenue of $168.70 million for the quarter, compared to analysts' expectations of $200.70 million. The Macerich had a return on equity of 2.00% and a net margin of 6.34%. The firm's revenue for the quarter was down 25.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.88 earnings per share.
View The Macerich's earnings history.

The Macerich declared a quarterly dividend on Friday, July 24th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.15 per share on Tuesday, September 8th. This represents a $0.60 annualized dividend and a yield of 8.01%. The ex-dividend date of this dividend is Tuesday, August 18th.
View The Macerich's dividend history.

15 analysts have issued 1-year price targets for The Macerich's shares. Their forecasts range from $5.50 to $30.00. On average, they expect The Macerich's share price to reach $13.00 in the next year. This suggests a possible upside of 73.6% from the stock's current price.
View analysts' price targets for The Macerich.

Some companies that are related to The 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 Opportunity Investments (ROIC), Retail Properties of America (RPAI), Alexander's (ALX), Getty Realty (GTY), Kite Realty Group Trust (KRG) and Acadia Realty Trust (AKR).
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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 CAP MGMT/SH (NLY), Enterprise Products Partners (EPD), Intel (INTC), New Residential Investment (NRZ), AbbVie (ABBV) and Pfizer (PFE).

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

The Macerich's stock is owned by a number of retail and institutional investors. Top institutional investors include Teamwork Financial Advisors LLC (0.17%), Retirement Systems of Alabama (0.10%), Nisa Investment Advisors LLC (0.07%), Camelot Portfolios LLC (0.04%), State of Alaska Department of Revenue (0.04%) and Standard Life Aberdeen plc (0.02%). Company insiders that own The 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 The Macerich.

MAC stock was sold by a variety of institutional investors in the last quarter, including Oakwood Capital Management LLC CA, and Retirement Systems of Alabama.
View insider buying and selling activity for The Macerich.

MAC stock was purchased by a variety of institutional investors in the last quarter, including Teamwork Financial Advisors LLC, Nisa Investment Advisors LLC, Pacer Advisors Inc., Clear Street Markets LLC, KG&L Capital Management LLC, Camelot Portfolios LLC, Standard Life Aberdeen plc, and International Assets Investment Management LLC. Company insiders that have bought The 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 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MAC stock can currently be purchased for approximately $7.49.

The Macerich has a market capitalization of $1.12 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. The Macerich employs 723 workers across the globe.

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

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]