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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:MAC

The Macerich Stock Forecast, Price & News

$12.92
-0.27 (-2.05 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$12.63
Now: $12.92
$13.68
50-Day Range
$11.42
MA: $13.68
$22.38
52-Week Range
$4.54
Now: $12.92
$25.99
Volume7.02 million shs
Average Volume10.32 million shs
Market Capitalization$1.93 billion
P/E RatioN/A
Dividend Yield4.55%
Beta2.07
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 Â- 2019).
The Macerich logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP55438210
Phone310-394-6000
Employees723
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$927.46 million
Cash Flow$3.18 per share
Book Value$20.04 per share

Profitability

Net Income$96.82 million

Miscellaneous

Market Cap$1.93 billion
Next Earnings Date5/11/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.98 out of 5 stars

Finance Sector

240th out of 1,937 stocks

Real Estate Investment Trusts Industry

46th out of 273 stocks

Analyst Opinion: 1.8Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$12.92
-0.27 (-2.05 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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The Macerich (NYSE:MAC) Frequently Asked Questions

Is The Macerich a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Macerich in the last twelve months. There are currently 8 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" The 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 The Macerich
or view top-rated stocks.

What stocks does MarketBeat like better than The Macerich?

Wall Street analysts have given The Macerich a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Macerich wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting The Macerich?

The Macerich saw a decrease in short interest during the month of January. As of January 29th, there was short interest totaling 34,310,000 shares, a decrease of 56.3% from the January 14th total of 78,540,000 shares. Based on an average trading volume of 8,600,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 24.5% of the shares of the company are short sold.
View The Macerich's Short Interest
.

When is The Macerich's next earnings date?

The Macerich is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for The Macerich
.

How were The Macerich's earnings last quarter?

The Macerich Company (NYSE:MAC) announced its quarterly earnings data on Wednesday, February, 10th. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.72. The Macerich had a negative net margin of 1.55% and a negative trailing twelve-month return on equity of 1.03%.
View The Macerich's earnings history
.

How has The Macerich's stock been impacted by Coronavirus?

The Macerich's stock was trading at $15.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MAC stock has decreased by 15.9% and is now trading at $12.92.
View which stocks have been most impacted by COVID-19
.

How often does The Macerich pay dividends? What is the dividend yield for The Macerich?

The Macerich declared a quarterly dividend on Thursday, January 28th. Stockholders of record on Friday, February 19th will be paid a dividend of $0.15 per share on Wednesday, March 3rd. This represents a $0.60 annualized dividend and a yield of 4.64%. The ex-dividend date of this dividend is Thursday, February 18th.
View The Macerich's dividend history
.

Is The Macerich a good dividend stock?

The Macerich pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.55%. MAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The Macerich does not yet have a strock track record of dividend growth. 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.

What guidance has The Macerich issued on next quarter's earnings?

The Macerich issued an update on its FY 2021 Pre-Market earnings guidance on Thursday, February, 11th. The company provided EPS guidance of 2.05-2.25 for the period.

What price target have analysts set for MAC?

14 brokerages have issued 1 year price targets for The Macerich's shares. Their forecasts range from $5.50 to $13.00. On average, they expect The Macerich's stock price to reach $9.50 in the next year. This suggests that the stock has a possible downside of 26.5%.
View analysts' price targets for The Macerich
or view top-rated stocks among Wall Street analysts.

Who are The Macerich's key executives?

The Macerich's management team includes the following people:
  • Mr. Thomas E. O'Hern CPA, CEO & Director (Age 65, Pay $2.94M)
  • Mr. Edward C. Coppola, Pres & Director (Age 66, Pay $2.96M)
  • Mr. Scott W. Kingsmore, Sr. EVP, CFO & Treasurer (Age 53, Pay $1.14M)
  • Mr. Kenneth L. Volk, Exec. VP of Bus. Devel. (Age 58, Pay $1.25M)
  • Mr. Douglas J. Healey, Sr. EVP & Head of Leasing (Age 58, Pay $1.21M)
  • Mr. Christopher J. Zecchini, Sr. VP & Chief Accounting Officer (Age 57)
  • Ms. Jean Wood, VP of Investor Relations
  • Ms. Ann C. Menard, Sr. EVP, Chief Legal Officer & Sec. (Age 57)
  • Ms. Olivia Bartel Leigh, Exec. VP of Portfolio Operations & People
  • Mr. Robert F. Beffa, Sr. VP of Real Estate (Age 61)

What is Art Coppola's approval rating as The Macerich's CEO?

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

Who are some of The Macerich's key competitors?

What other stocks do shareholders of The Macerich own?

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).

What is The Macerich's stock symbol?

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

Who are The Macerich's major shareholders?

The Macerich's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.06%), Smead Capital Management Inc. (3.33%), FIL Ltd (2.38%), Northern Trust Corp (1.97%), JPMorgan Chase & Co. (1.52%) and Nuveen Asset Management LLC (1.36%). 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, Steven L Soboroff and Teachers Pension Plan Ontario.
View institutional ownership trends for The Macerich
.

Which major investors are selling The Macerich stock?

MAC stock was sold by a variety of institutional investors in the last quarter, including Westpac Banking Corp, Bank of New York Mellon Corp, Duality Advisers LP, Victory Capital Management Inc., Smead Capital Management Inc., Creative Planning, Federated Hermes Inc., and Northern Trust Corp. Company insiders that have sold The Macerich company stock in the last year include Dana K Anderson, and Teachers Pension Plan Ontario.
View insider buying and selling activity for The Macerich
or view top insider-selling stocks.

Which major investors are buying The Macerich stock?

MAC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FIL Ltd, JPMorgan Chase & Co., Kennedy Capital Management Inc., Morgan Stanley, Amundi Pioneer Asset Management Inc., Nuveen Asset Management LLC, and Tudor Investment Corp Et Al. 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.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The Macerich's stock price today?

One share of MAC stock can currently be purchased for approximately $12.92.

How much money does The Macerich make?

The Macerich has a market capitalization of $1.93 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.

How many employees does The Macerich have?

The Macerich employs 723 workers across the globe.

What is The Macerich's official website?

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

Where are The Macerich's headquarters?

The Macerich is headquartered at 401 WILSHIRE BLVD STE 700, SANTA MONICA CA, 90401.

How can I contact The Macerich?

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]


This page was last updated on 2/28/2021 by MarketBeat.com Staff

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