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 given 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 12.54%. The ex-dividend date is Thursday, November 7th. View Macerich's Dividend History.

Macerich Co (NYSE:MAC) announced its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.02. The real estate investment trust had revenue of $214.30 million for the quarter, compared to analyst estimates of $216.69 million. Macerich had a net margin of 8.76% and a return on equity of 2.69%. Macerich's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.52 EPS. 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 issued an update on its FY19 earnings guidance on Thursday, October, 31st. The company provided EPS guidance of $2.50-3.58 for the period, compared to the Thomson Reuters consensus estimate of $3.53.

13 brokerages have issued 12-month price targets for Macerich's shares. Their forecasts range from $19.00 to $50.00. On average, they anticipate Macerich's share price to reach $31.62 in the next twelve months. This suggests a possible upside of 32.1% 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.

Media coverage about MAC stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Macerich earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the near 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), Pfizer (PFE), Energy Transfer LP Unit (ET), Tanger Factory Outlet Centers (SKT), Gilead Sciences (GILD), Enbridge (ENB) and Starbucks (SBUX).

Macerich's stock is owned by a number of of institutional and retail investors. Top institutional investors include Presima Inc. (0.75%), California Public Employees Retirement System (0.22%), Strs Ohio (0.12%), New York State Teachers Retirement System (0.09%), Nisa Investment Advisors LLC (0.05%) and Arizona State Retirement System (0.04%). 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, Nisa Investment Advisors LLC, Virginia Retirement Systems ET AL, New York State Teachers Retirement System, Meag Munich Ergo Kapitalanlagegesellschaft MBH and World Asset Management Inc. 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 acquired by a variety of institutional investors in the last quarter, including 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, SeaCrest Wealth Management LLC and State of Michigan Retirement System. 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 $23.93.

Macerich has a market capitalization of $3.38 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.