Eric Salo - Macerich Executive Vice President

MAC Stock  USD 13.80  0.34  2.53%   

President

Mr. Eric V. Salo is Executive Vice President of Macerich Co., since February 2011. Mr. Salo was one of our Executive Vice Presidents since February 2011 and was appointed our Chief Strategy Officer in February 2016, directing the areas of asset management, property management, business development and marketing. Mr. Salo joined our Company in 1987 working in the acquisitions group, served as our Senior Vice President of Strategic Planning from August 2000 to November 2005, then as a Senior Vice President of Asset Management from November 2005 to February 2011, overseeing our Company joint venture partner relationships, real estate portfolio performance and ancillary revenue programs. Mr. Salo served as board chairman of the Cancer Support CommunityWest Los Angeles, a nonprofit organization providing cancer support and education from January 2009 to June 2012. In addition, Mr. Salo is a member of the International Council of Shopping Centers and directs a tuition assistance program through The Seattle Foundation. since 2011.
Age 49
Tenure 13 years
Address 401 Wilshire Boulevard, Santa Monica, CA, United States, 90401-1452
Phone310 394 6000
Webhttps://www.macerich.com

Macerich Management Efficiency

The company has Return on Asset of 0.0116 % which means that on every $100 spent on assets, it made $0.0116 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1347) %, meaning that it generated no profit with money invested by stockholders. Macerich's management efficiency ratios could be used to measure how well Macerich manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.04. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Macerich's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 450.5 M, whereas Total Assets are forecasted to decline to about 7.1 B.
The company has 4.41 B in debt with debt to equity (D/E) ratio of 1.53, which is OK given its current industry classification. Macerich has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Macerich until it has trouble settling it off, either with new capital or with free cash flow. So, Macerich's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Macerich sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Macerich to invest in growth at high rates of return. When we think about Macerich's use of debt, we should always consider it together with cash and equity.

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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 . Macerich operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 6 people. 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 Diversified REITs category by Fama And French industry classification.

Management Performance

Macerich Leadership Team

Elected by the shareholders, the Macerich's board of directors comprises two types of representatives: Macerich inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Macerich. The board's role is to monitor Macerich's management team and ensure that shareholders' interests are well served. Macerich's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Macerich's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas CPA, CEO Director
Steven Soboroff, Independent Director
Frederick Hubbell, Lead Independent Director
Eric Salo, Executive Vice President
John Alschuler, Independent Director
Arthur Coppola, Chairman of the Board, CEO
Robert Beffa, Senior Estate
David Short, Executive Management
Peggy Alford, Independent Director
Douglas Healey, Senior Executive Vice President, Head of Leasing
Randy Brant, Executive Vice President - Real Estate
Diana Laing, Independent Director
Eric Brandt, Independent Director
Mason Ross, Independent Director
Edward Coppola, President, Director
Ann Menard, Executive Vice President Chief Legal Officer and Secretary
John Sullivan, Director
Michael Slavin, Senior Technology
Samantha Greening, Director Relations
Daniel Hirsch, Independent Director
William Voegele, Executive Vice President Chief Development Officer
Randall Brant, Executive Vice President - Real Estate
J Jones, Senior Technology
Thomas OHern, CFO, Senior Executive Vice President Treasurer
Christopher Zecchini, Senior Vice President Chief Accounting Officer, Principal Accounting Officer
Kenneth Volk, Executive Vice President of Business Development
Tom Unis, Senior Relations
Steven Hash, Independent Chairman of the Board
Robert Perlmutter, Executive VP of Leasing
Thomas Leanse, Chief Legal Officer, Sr. Executive VP and Secretary
Scott Kingsmore, Chief Financial Officer, Senior Executive Vice President, Treasurer
Jamie Bourbeau, Senior Division
Olivia Leigh, Executive People
Will Voegele, Executive Vice President Chief Development Officer
Jackson Hsieh, President CEO
Andrea Stephen, Independent Director

Macerich Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Macerich a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Macerich Investors Sentiment

The influence of Macerich's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Macerich. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Macerich's public news can be used to forecast risks associated with an investment in Macerich. The trend in average sentiment can be used to explain how an investor holding Macerich can time the market purely based on public headlines and social activities around Macerich Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Macerich's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Macerich's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Macerich's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Macerich.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Macerich in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Macerich's short interest history, or implied volatility extrapolated from Macerich options trading.

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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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Macerich information on this page should be used as a complementary analysis to other Macerich's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Macerich's price analysis, check to measure Macerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to predict the probability of Macerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.
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Is Macerich's industry 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
(1.60)
Revenue Per Share
3.942
Quarterly Revenue Growth
0.364
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.