The Macerich Stock Forecast, Price & News

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 (WHO). Since then, MAC stock has decreased by 4.7% and is now trading at $14.64.
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15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Macerich in the last twelve months. There are currently 9 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" The Macerich stock.
View analyst ratings for The Macerich or view MarketBeat's top 5 stock picks.

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The Macerich is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for The Macerich.

The Macerich Company (NYSE:MAC) issued its quarterly earnings results on Thursday, November, 5th. The real estate investment trust reported ($0.15) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.69. The real estate investment trust had revenue of $185.80 million for the quarter, compared to the consensus estimate of $194.58 million. The Macerich had a negative net margin of 1.55% and a negative return on equity of 1.03%. The company's quarterly revenue was down 19.6% on a year-over-year basis. During the same quarter last year, the company earned $0.88 earnings per share.
View The Macerich's earnings history.

The Macerich announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Monday, November 9th will be paid a dividend of $0.15 per share on Thursday, December 3rd. This represents a $0.60 annualized dividend and a yield of 4.10%. The ex-dividend date is Friday, November 6th.
View The Macerich's dividend history.

The Macerich pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.42%. MAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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.

15 brokerages have issued 12 month target prices for The Macerich's shares. Their forecasts range from $5.50 to $30.00. On average, they anticipate The Macerich's share price to reach $11.64 in the next year. This suggests that the stock has a possible downside of 20.5%.
View analysts' price targets for The Macerich or view Wall Street analyst' top-rated stocks.

Some companies that are related to The Macerich include Simon Property Group (SPG), Realty Income (O), Kimco Realty (KIM), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Agree Realty (ADC), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Kite Realty Group Trust (KRG), Alexander's (ALX), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT) and Getty Realty (GTY).
View all of MAC's competitors.

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).

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

The Macerich's stock is owned by a variety of retail and institutional investors. Top institutional investors include Triad Investment Management (0.05%), Investment House LLC (0.04%) and Financial Advisory Corp UT ADV (0.01%). 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 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 Investment House LLC, and Triad Investment Management.
View insider buying and selling activity for The Macerich or view top insider-selling stocks.

MAC stock was purchased by a variety of institutional investors in the last quarter, including Financial Advisory Corp UT ADV. 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.

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.

One share of MAC stock can currently be purchased for approximately $14.64.

The Macerich has a market capitalization of $2.19 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]