Macerich Company Stock Today
| MAC Stock | USD 15.35 0.05 0.32% |
Performance4 of 100
| Odds Of DistressLess than 44
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Macerich is trading at 15.35 as of the 10th of September 2024, a 0.32% down since the beginning of the trading day. The stock's open price was 15.4. Macerich has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Macerich Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of August 2024 and ending today, the 10th of September 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 9th of March 1994 | Category Real Estate |
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. A recognized leader in sustainability, Macerich has achieved the 1 GRESB ranking in the North American Retail Sector for five straight years . The company has 215.99 M outstanding shares of which 13.07 M shares are now shorted by investors with about 8.7 days to cover. More on Macerich Company
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Macerich Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | Jackson Hsieh | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | FinTech (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Retail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, FinTech, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMacerich can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Macerich's financial leverage. It provides some insight into what part of Macerich's total assets is financed by creditors.
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Macerich Company (MAC) is traded on New York Stock Exchange in USA. It is located in 401 Wilshire Boulevard, Santa Monica, CA, United States, 90401-1452 and employs 654 people. Macerich is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.47 B. Macerich runs under Retail REITs sector within Real Estate industry. The entity has 215.99 M outstanding shares of which 13.07 M shares are now shorted by investors with about 8.7 days to cover.
Macerich Company has about 100.32 M in cash with 295.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5.
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Ownership AllocationMacerich maintains a total of 215.99 Million outstanding shares. The majority of Macerich outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Macerich Company to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Macerich. Please pay attention to any change in the institutional holdings of Macerich as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Macerich Ownership Details
Macerich Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-06-30 | 3.2 M | |
| Ameriprise Financial Inc | 2024-06-30 | 3.2 M | |
| Fisher Asset Management, Llc | 2024-06-30 | 3 M | |
| Jpmorgan Chase & Co | 2024-03-31 | 2.9 M | |
| Hhg Plc | 2024-06-30 | 2.7 M | |
| Northern Trust Corp | 2024-06-30 | 2.6 M | |
| Morgan Stanley - Brokerage Accounts | 2024-03-31 | 2.6 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 2.3 M | |
| Legal & General Group Plc | 2024-06-30 | 1.9 M | |
| Blackrock Inc | 2024-06-30 | 39.9 M | |
| Vanguard Group Inc | 2024-06-30 | 34.4 M |
Macerich Historical Income Statement
Macerich Stock Against Markets
Macerich Corporate Directors
| Steven Soboroff | Independent Director | Profile | |
| John Alschuler | Independent Director | Profile | |
| Peggy Alford | Independent Director | Profile | |
| Diana Laing | Independent Director | Profile |
Additional Information and Resources on Investing in Macerich Stock
When determining whether Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 39.711 | Dividend Share 0.68 | Earnings Share (0.36) | Revenue Per Share 3.669 | Quarterly Revenue Growth (0.23) |
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.