MAC Stock Overview
Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
+ 1 more risk
The Macerich Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.72 |
| 52 Week High | US$20.40 |
| 52 Week Low | US$10.75 |
| Beta | 2.48 |
| 11 Month Change | 8.95% |
| 3 Month Change | 25.85% |
| 1 Year Change | 79.44% |
| 33 Year Change | 0.20% |
| 5 Year Change | -26.77% |
| Change since IPO | 1.13% |
Recent News & Updates
Recent updates
Macerich: Old Retail Is Fading
Oct 16Macerich: Probability Of Better Dividends Is Weak
Aug 01Macerich: Increased Headwinds And Higher Valuation Reduce Investment Appeal (Rating Downgrade)
May 01Macerich: Recovery Takes Hold But Balance Sheet Remains A Risk
Dec 01Macerich: U.S. Malls Are Not Dying
Sep 20Macerich: Downgrading To Hold After Q2 Results
Aug 10Macerich: 6% Dividend Yield, Tangible Book Value A Concern
Jun 30Simon Property Vs. Macerich: What's The Best Mall REIT To Buy Today?
Jun 02Macerich: This Mall REIT Is Hard To Ignore Because Of Its Fat Dividend Yield
Feb 22Macerich: Cheap For A Reason
Feb 15Macerich Q4 2022 Earnings Preview
Feb 06Macerich declares $0.17 dividend
Jan 27Macerich's Investor Day Highlights: Reinventing The Mall
Dec 11Macerich: Now A Dividend Growth Stock
Nov 05Macerich raises dividend by 13.3% to $0.17/share
Oct 28Macerich Stock: This Is Getting Ridiculous
Sep 30Macerich May Be The Greatest REIT Opportunity
Aug 26Shareholder Returns
| MAC | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | 2.3% | 1.4% | 2.2% |
| 1Y | 79.4% | 27.7% | 31.7% |
Return vs Industry: MAC exceeded the US Retail REITs industry which returned 27.7% over the past year.
Return vs Market: MAC exceeded the US Market which returned 31.7% over the past year.
Price Volatility
| MAC volatility | |
|---|---|
| MAC Average Weekly Movement | 3.8% |
| Retail REITs Industry Average Movement | 2.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MAC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MAC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | 655 | Jackson Hsieh | www.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 47 million square feet of real estate consisting primarily of interests in 44 regional town centers.
The Macerich Company Fundamentals Summary
| MAC fundamental statistics | |
|---|---|
| Market cap | US$4.64b |
| Earnings (TTM) | US$78.41m |
| Revenue (TTM) | US$788.29m |
56.7x
P/E Ratio5.6x
P/S RatioIs MAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MAC income statement (TTM) | |
|---|---|
| Revenue | US$788.29m |
| Cost of Revenue | US$405.59m |
| Gross Profit | US$382.70m |
| Other Expenses | US$304.28m |
| Earnings | US$78.41m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.35 |
| Gross Margin | 48.55% |
| Net Profit Margin | 9.95% |
| Debt/Equity Ratio | 167.7% |
How did MAC perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield40%
Payout RatioDoes MAC pay a reliable dividends?
See MAC dividend history and benchmarks| Macerich dividend dates | |
|---|---|
| Ex Dividend Date | Nov 12 2024 |
| Dividend Pay Date | Dec 02 2024 |
| Days until Ex dividend | 12 days |
| Days until Dividend pay date | 8 days |
Does MAC pay a reliable dividends?
See MAC dividend history and benchmarks