Macerich Company (MAC) has disclosed a new risk, in the Taxation & Government Incentives category.
Macerich Company faces a notable business risk due to potential hikes in property taxes, which could arise from changes in tax rates or reassessments by tax authorities. Although their leases typically pass on property tax liabilities to tenants proportionately, there’s no guarantee that these costs will be fully recoverable. Such unpredictability in property tax expenses could negatively impact Macerich’s financial health, operational results, cash flow, and its capacity to distribute expected dividends to shareholders.
The average MAC stock price target is $15.85, implying -4.06% downside potential.
To learn more about Macerich Company’s risk factors, click here.
