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Macerich Company (MAC)
NYSE:MAC
Macerich (MAC) Stock Price & Analysis
1,022 Followers
MAC Stock Chart & Stats
Day’s Range$13.86 - $14.31
52-Week Range― - ―
Previous Close$13.8
Volume2.28M
Average Volume (3M)N/A
Market Cap
$3.23B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Aug 01, 2024EPS Estimate
-$0.06Next Dividend Ex-Date
May 17, 2024Dividend Yield4.93%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$16.25Price Target Upside13.72% Upside
Rating ConsensusHold
Number of Analyst Covering8
Macerich News
PremiumPress Releases
Macerich Reports First Quarter 2024 ResultsPremiumCompany Announcements
Macerich Company’s Earnings Insights and Market TrendsBulls Say, Bears Say
Bulls Say
Financial HealthThe new CEO has outlined strategic goals early in his tenure, showing a proactive approach to improving the company's financial health.
LeadershipNew CEO Jackson Hsieh has set strategic goals early in his tenure, showing proactive leadership.
Operational EfficiencyOccupancy rates showed an increase year-over-year to 93.4%, indicating enhanced property utilization and operational efficiency.
Bears Say
Financial GuidanceThe company's initial FY24 FFO per share guidance was withdrawn, signaling a longer than expected return to previous earnings levels.
Leadership And StrategyThe company's stock has been downgraded due to a lengthy restructuring plan that has been previously attempted without success.
Operational PerformanceTenant sales per square foot showed a decline compared to the same period last year.
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Ownership Overview
11.91% Insiders
32.58% Mutual Funds
35.43% Other Institutional Investors
20.08% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MAC FAQ
What was Macerich Company’s price range in the past 12 months?
Currently, no data Available
What is Macerich Company’s market cap?
Currently, no data Available
When is Macerich Company’s upcoming earnings report date?
Macerich Company’s upcoming earnings report date is Aug 01, 2024 which is in 88 days.
How were Macerich Company’s earnings last quarter?
Macerich Company released its earnings results on Apr 30, 2024. The company reported -$0.59 earnings per share for the quarter, missing the consensus estimate of -$0.087 by -$0.503.
Is Macerich Company overvalued?
According to Wall Street analysts Macerich Company’s price is currently Undervalued.
Does Macerich Company pay dividends?
Macerich Company pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 4.93%. See more information on Macerich Company dividends here
What is Macerich Company’s EPS estimate?
Macerich Company’s EPS estimate is -$0.06.
How many shares outstanding does Macerich Company have?
Currently, no data Available
What happened to Macerich Company’s price movement after its last earnings report?
Macerich Company reported an EPS of -$0.59 in its last earnings report, missing expectations of -$0.087. Following the earnings report the stock price went down -14.054%.
Which hedge fund is a major shareholder of Macerich Company?
Among the largest hedge funds holding Macerich Company’s share is Fisher Asset Management LLC. It holds Macerich Company’s shares valued at 46M.
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Macerich Stock Smart Score
Underperform
1
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10
Analyst Consensus
Hold
Average Price Target:
$16.25 (13.72% Upside)
$16.25 (13.72% Upside)
Blogger Sentiment
Bullish
MAC Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 777.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 6.7%
Last 30 Days ▼ 6.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.82%
12-Months-Change
Fundamentals
Return on Equity
-13.54%
Trailing 12-Months
Asset Growth
-7.00%
Trailing 12-Months
Company Description
Macerich Company
Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. It conducts all of its operations through the operating partnership and the management companies. The company was founded by Mace Siegel, Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.
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MAC Earnings Call
Q1 2024
0:00 / 0:00
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MAC Stock 12 Months Forecast
Average Price Target
$16.25
▲(13.72% Upside)
Technical Analysis
Best Analysts Covering MAC
1 Year
1 Year Success Rate
6/12 ratings generated profit
1 Year Average Return
+8.27%
reiterated a buy rating 5 days ago
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