Macerich Company Stock Today
| MAC Stock | USD 15.17 0.20 1.30% |
Performance0 of 100
| Odds Of DistressLess than 48
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Macerich is trading at 15.17 as of the 19th of April 2024, a -1.3 percent decrease since the beginning of the trading day. The stock's open price was 15.37. Macerich has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Macerich Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 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 215.72 M outstanding shares of which 12.56 M shares are now shorted by investors with about 6.56 days to cover. More on Macerich Company
Moving against Macerich Stock
| 0.62 | OZ | Belpointe PREP LLC | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Macerich Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Macerich's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Macerich or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Macerich's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Macerich's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| President CEO | Jackson Hsieh | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | FinTech (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | MACRO CORP FPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, HNX, HNX Manufacturing, HNX MidSmall Cap, SP Small-Cap 600, FinTech, Real Estate, Diversified REITs, REIT—Retail, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Macerich report their recommendations after researching Macerich's financial statements, talking to executives and customers, or listening in on Macerich's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Macerich. The Macerich consensus assessment is calculated by taking the average forecast from all of the analysts covering Macerich. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Macerich's historical financial statements, Macerich Company is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Macerich is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Macerich's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Macerich's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.55 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Macerich's market, we take the total number of its shares issued and multiply it by Macerich's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Macerich runs under Diversified REITs sector within Real Estate industry. The entity has 215.72 M outstanding shares of which 12.56 M shares are now shorted by investors with about 6.56 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.
Check Macerich Probability Of Bankruptcy
Ownership AllocationMacerich Company holds a total of 215.72 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Macerich Ownership Details
Macerich Stock Price Odds Analysis
What are Macerich's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Macerich jumping above the current price in 90 days from now is about 98.0%. The Macerich Company probability density function shows the probability of Macerich stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8999. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Macerich will likely underperform. Additionally, macerich Company has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Macerich to move above the current price in 90 days from now is about 98.0 (This Macerich Company probability density function shows the probability of Macerich Stock to fall within a particular range of prices over 90 days) .
Macerich Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Macerich that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Macerich's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Macerich's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.6 M | |
| Northern Trust Corp | 2023-12-31 | 2.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 2.5 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 2.4 M | |
| Cbre Investment Management Listed Real Assets Llc | 2023-12-31 | 2.3 M | |
| Legal & General Group Plc | 2023-12-31 | 2 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 1.5 M | |
| Norges Bank | 2023-12-31 | 1.4 M | |
| Kennedy Capital Management Inc | 2023-12-31 | 1.4 M | |
| Blackrock Inc | 2023-12-31 | 40.9 M | |
| Vanguard Group Inc | 2023-12-31 | 34.5 M |
Macerich Historical Income Statement
Macerich Company Income Statement is one of the three primary financial statements used for reporting Macerich's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Macerich revenue and expense. Macerich Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Macerich's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 512.7 M, whereas Depreciation And Amortization is forecasted to decline to about 232.3 M. View More FundamentalsMacerich Stock Against Markets
Picking the right benchmark for Macerich stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Macerich stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Macerich is critical whether you are bullish or bearish towards Macerich Company at a given time. Please also check how Macerich's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Macerich without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Macerich Corporate Directors
Macerich corporate directors refer to members of a Macerich board of directors. The board of directors generally takes responsibility for the Macerich's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Macerich's board members must vote for the resolution. The Macerich board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Steven Soboroff | Independent Director | Profile | |
| Frederick Hubbell | Lead Independent Director | Profile | |
| John Alschuler | Independent Director | Profile | |
| Peggy Alford | Independent Director | Profile |
How to buy Macerich Stock?
Before investing in Macerich, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Macerich. To buy Macerich stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Macerich. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Macerich stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Macerich Company stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Macerich Company stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Macerich Company, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Macerich Stock please use our How to Invest in Macerich guide.
Already Invested in Macerich Company?
The danger of trading Macerich Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Macerich is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Macerich. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Macerich is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Macerich Stock analysis
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 (1.28) | Revenue Per Share 3.973 | Quarterly Revenue Growth 0.543 |
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.