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Macerich LSE:0JX5 Stock Report

Last Price

US$20.66

Market Cap

US$4.8b

7D

-5.0%

1Y

32.8%

Updated

23 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

The Macerich Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Macerich
Historical stock prices
Current Share PriceUS$20.66
52 Week HighUS$22.14
52 Week LowUS$13.02
Beta2.5
1 Month Change3.48%
3 Month Change17.66%
1 Year Change32.78%
3 Year Change20.56%
5 Year Change9.43%
Change since IPO-56.50%

Recent News & Updates

Recent updates

Shareholder Returns

0JX5GB Retail REITsGB Market
7D-5.0%-2.7%-2.2%
1Y32.8%-10.1%2.4%

Return vs Industry: 0JX5 exceeded the UK Retail REITs industry which returned -10.1% over the past year.

Return vs Market: 0JX5 exceeded the UK Market which returned 2.4% over the past year.

Price Volatility

Is 0JX5's price volatile compared to industry and market?
0JX5 volatility
0JX5 Average Weekly Movement4.6%
Retail REITs Industry Average Movement2.3%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: 0JX5 has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0JX5's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964655Jackson Hsiehwww.macerich.com

Macerich is a fully integrated, self-managed, and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 45 million square feet of real estate consisting primarily of interests in 41 retail centers.

The Macerich Company Fundamentals Summary

How do Macerich's earnings and revenue compare to its market cap?
0JX5 fundamental statistics
Market capUS$4.77b
Earnings (TTM)US$78.41m
Revenue (TTM)US$788.29m

58.3x

P/E Ratio

5.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0JX5 income statement (TTM)
RevenueUS$788.29m
Cost of RevenueUS$405.59m
Gross ProfitUS$382.70m
Other ExpensesUS$304.28m
EarningsUS$78.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.35
Gross Margin48.55%
Net Profit Margin9.95%
Debt/Equity Ratio167.7%

How did 0JX5 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

40%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:10
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Macerich Company is covered by 38 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Ross SmotrichBarclays
Paul AdornatoBMO Capital Markets Equity Research