NYSE:MAC Macerich (MAC) Stock Price, News & Analysis $17.96 +0.58 (+3.34%) (As of 09/27/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Macerich alerts: Email Address About Macerich Stock (NYSE:MAC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Macerich alerts:Sign Up Key Stats Today's Range$17.34▼$18.0550-Day Range$14.35▼$17.9652-Week Range$9.21▼$18.05Volume1.78 million shsAverage Volume1.84 million shsMarket Capitalization$3.87 billionP/E RatioN/ADividend Yield3.79%Price Target$15.45Consensus RatingReduce Company OverviewMacerich 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. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015-2023).Read More… Fed Triggers Boom: Buy this Play on Elon’s New AI (Ad)Have you seen Elon Musk's new invention? I was already very bullish on this new type of AI. And now that the Fed has just cut interest rates, I'm even more bullish.Click here for my exclusive video Macerich Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks53rd Percentile Overall ScoreMAC MarketRank™: Macerich scored higher than 53% of companies evaluated by MarketBeat, and ranked 633rd out of 962 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion0.8 / 5Analyst RatingReduce Consensus RatingMacerich has received a consensus rating of Reduce. The company's average rating score is 1.63, and is based on 1 buy rating, 3 hold ratings, and 4 sell ratings.Amount of Analyst CoverageMacerich has only been the subject of 3 research reports in the past 90 days.Read more about Macerich's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth0.61% Earnings GrowthEarnings for Macerich are expected to grow by 0.61% in the coming year, from $1.63 to $1.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Macerich is -11.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Macerich is -11.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioMacerich has a PEG Ratio of 0.58. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMacerich has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Macerich's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.86% of the outstanding shares of Macerich have been sold short.Short Interest Ratio / Days to CoverMacerich has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in Macerich has recently increased by 0.48%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipMacerich is a leading dividend payer. It pays a dividend yield of 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMacerich does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Macerich will have a dividend payout ratio of 41.46% next year. This indicates that Macerich will be able to sustain or increase its dividend.Read more about Macerich's dividend. Sustainability and ESG1.5 / 5Environmental Score-2.05 Percentage of Shares Shorted5.86% of the outstanding shares of Macerich have been sold short.Short Interest Ratio / Days to CoverMacerich has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in Macerich has recently increased by 0.48%, indicating that investor sentiment is decreasing. News and Social Media2.0 / 5News Sentiment0.63 News SentimentMacerich has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Macerich this week, compared to 5 articles on an average week. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Macerich insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.53% of the stock of Macerich is held by insiders.Percentage Held by Institutions87.38% of the stock of Macerich is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Macerich's insider trading history. Receive MAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Macerich and its competitors with MarketBeat's FREE daily newsletter. Email Address MAC Stock News HeadlinesQueens Center Mall expands offerings with five new retailers, including Primark and BurlingtonSeptember 27 at 3:47 PM | msn.comIf you're having problems with USB on macOS Sequoia, you're not aloneSeptember 27 at 10:46 AM | appleinsider.comWARNING: “Buffett Indicator” flashing for first time in 50 yearsThe stock market collapsed and didn't recover for an entire decade. And what we're facing today could be even worse. That's why the actions you take in the next 90 days could be crucial for your financial future.September 28, 2024 | Behind the Markets (Ad)Macerich (NYSE:MAC) Hits New 52-Week High After Analyst UpgradeSeptember 20, 2024 | americanbankingnews.comMacerich (NYSE:MAC) Price Target Increased to $14.60 by Analysts at The Goldman Sachs GroupSeptember 20, 2024 | americanbankingnews.comPhiladelphia Mayor Cherelle Parker announces 'historic' agreement for Sixers arena in Center CitySeptember 19, 2024 | bizjournals.comApple October Event: What to expect from Mac M4 and iPadSeptember 17, 2024 | msn.comMacerich to Present at BofA Securities 2024 Global Real Estate ConferenceSeptember 4, 2024 | finance.yahoo.comSee More Headlines MAC Stock Analysis - Frequently Asked Questions How have MAC shares performed this year? Macerich's stock was trading at $15.43 at the start of the year. Since then, MAC shares have increased by 16.4% and is now trading at $17.96. View the best growth stocks for 2024 here. How were Macerich's earnings last quarter? The Macerich Company (NYSE:MAC) announced its earnings results on Wednesday, February, 7th. The real estate investment trust reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.26. Macerich's quarterly revenue was up 4.6% on a year-over-year basis. Does Macerich have any subsidiaries? The following companies are subsidiaries of Macerich: Wilmorite Holdings LP, Westcor Realty Limited Partnership, 801-GALLERY ASSOCIATES L.P., 801-GALLERY C-3 ASSOCIATES L.P., 801-GALLERY GP LLC, 801 MARKET VENTURE GP LLC, Amphenol Sincere Industrial Product Gyarto. Kft, and others. Who are Macerich's major shareholders? Top institutional shareholders of Macerich include Letko Brosseau & Associates Inc. (1.51%), Dimensional Fund Advisors LP (1.49%), Bank of New York Mellon Corp (1.06%) and Renaissance Technologies LLC (0.57%). Insiders that own company stock include Edward C Coppola, Jackson Hsieh, Hern Thomas E O, Doug J Healey, Kenneth Volk, Scott W Kingsmore, Ann C Menard and Christopher J Zecchini. View institutional ownership trends. How do I buy shares of Macerich? Shares of MAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Macerich own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Intel (INTC). Company Calendar Last Earnings2/07/2024Ex-Dividend for 9/9 Dividend8/19/2024Dividend Payable9/09/2024Today9/27/2024Next Earnings (Estimated)10/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:MAC Previous SymbolNYSE:MAC CUSIP55438210 CIK912242 Webwww.macerich.com Phone(310) 394-6000Fax310-395-2791Employees654Year Founded1964Price Target and Rating Average Stock Price Target$15.45 High Stock Price Target$18.00 Low Stock Price Target$14.00 Potential Upside/Downside-14.0%Consensus RatingReduce Rating Score (0-4)1.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($1.56) Trailing P/E RatioN/A Forward P/E Ratio11.02 P/E Growth0.58Net Income$-274,070,000.00 Net Margins-8.52% Pretax Margin-24.03% Return on Equity-3.01% Return on Assets-0.99% Debt Debt-to-Equity Ratio1.76 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$884.07 million Price / Sales4.39 Cash Flow$0.17 per share Price / Cash Flow106.91 Book Value$11.70 per share Price / Book1.54Miscellaneous Outstanding Shares215,990,000Free Float214,577,000Market Cap$3.88 billion OptionableOptionable Beta2.49 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report This page (NYSE:MAC) was last updated on 9/28/2024 by MarketBeat.com Staff From Our PartnersFed Triggers Boom: Buy this Play on Elon’s New AIHave you seen Elon Musk's new invention? I was already very bullish on this new type of AI. And now that...InvestorPlace | SponsoredThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... There's one thin...Investors Alley | Sponsored10X More Profitable Than Physical Gold?The smart money is piling into gold and gold stocks. There's a backdoor gold play that could deliver 10 TIM...Monument Traders Alliance | SponsoredBuffett Dumps $982 Million in BofA Stock—What Does He Know?Buffett's been eerily quiet about his reasons, but his actions speak volumes. 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