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Real Estate - REIT - Retail - NYSE - US
$ 14.07
-3.1 %
$ 3.55 B
Market Cap
-15.99
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MAC stock under the worst case scenario is HIDDEN Compared to the current market price of 14.1 USD, The Macerich Company is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MAC stock under the base case scenario is HIDDEN Compared to the current market price of 14.1 USD, The Macerich Company is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MAC stock under the best case scenario is HIDDEN Compared to the current market price of 14.1 USD, The Macerich Company is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MAC

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$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.0$15.0$15.0$14.0$14.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
918 M REVENUE
4.18%
4.84 M OPERATING INCOME
0.00%
-194 M NET INCOME
29.39%
283 M OPERATING CASH FLOW
-4.08%
19.8 M INVESTING CASH FLOW
-62.33%
-316 M FINANCING CASH FLOW
6.74%
274 M REVENUE
24.27%
187 M OPERATING INCOME
403.13%
-220 M NET INCOME
-103.00%
54.9 M OPERATING CASH FLOW
-45.15%
37.2 M INVESTING CASH FLOW
-43.68%
-145 M FINANCING CASH FLOW
-22.79%
Balance Sheet The Macerich Company
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Current Assets 335 M
Cash & Short-Term Investments 89.9 M
Receivables 155 M
Other Current Assets 89.5 M
Non-Current Assets 8.23 B
Long-Term Investments 655 M
PP&E 111 M
Other Non-Current Assets 7.47 B
7.64 %87.16 %Total Assets$8.6b
Current Liabilities 660 M
Accounts Payable 87.5 M
Short-Term Debt 0
Other Current Liabilities 573 M
Non-Current Liabilities 5.06 B
Long-Term Debt 5.06 B
Other Non-Current Liabilities 0
10.00 %88.47 %Total Liabilities$5.7b
EFFICIENCY
Earnings Waterfall The Macerich Company
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Revenue 918 M
Cost Of Revenue 430 M
Gross Profit 488 M
Operating Expenses 488 M
Operating Income 4.84 M
Other Expenses 199 M
Net Income -194 M
1b1b800m800m600m600m400m400m200m200m00(200m)(200m)918m(430m)488m(488m)5m(199m)(194m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
53.14% GROSS MARGIN
53.14%
0.53% OPERATING MARGIN
0.53%
-21.14% NET MARGIN
-21.14%
-7.04% ROE
-7.04%
-2.27% ROA
-2.27%
0.06% ROIC
0.06%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Macerich Company
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300m300m250m250m200m200m150m150m100m100m50m50m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -194 M
Depreciation & Amortization 306 M
Capital Expenditures 0
Stock-Based Compensation 12.1 M
Change in Working Capital 18.1 M
Others 133 M
Free Cash Flow 283 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The Macerich Company
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Wall Street analysts predict an average 1-year price target for MAC of $16.3 , with forecasts ranging from a low of $11 to a high of $23 .
MAC Lowest Price Target Wall Street Target
11 USD -21.82%
MAC Average Price Target Wall Street Target
16.3 USD 16.09%
MAC Highest Price Target Wall Street Target
23 USD 63.47%
Price
Max Price Target
Min Price Target
Average Price Target
24242222202018181616141412121010May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.87% DIVIDEND YIELD
0.17 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
7.007.006.006.005.005.004.004.003.003.002.002.001.001.000.000.000.650.680.710.740.750.750.650.680.710.740.750.650.680.710.740.754.686.630.712.750.742.870.752.970.753.001.150.600.620.680.680.172015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership The Macerich Company
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.3 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
1.11 M USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
2.36 M USD 5
9-12 MONTHS
7. News
MAC Copper Limited Provides Notice of Release of First Quarter 2025 Results and Conference Call Details ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC) MAC Copper Limited (“MAC” or the “Company”) will release its first quarter 2025 results on Tuesday, April 29, 2025 after market close (New York time) / Wednesday, April 30, 2025 before market open (Sydney time). Conference Call The Company will host a conference call and webcast to discuss the Company's first quarter 2025 results on Tuesday, April 29, 2025 at 7:00 pm (New York time) / Wednesday, April. businesswire.com - 1 week ago
Here's Why it is Wise to Retain Macerich Stock in Your Portfolio Now MAC's portfolio of premium shopping centers, focus on omnichannel retailing and development of mixed-use assets are upsides amid growing e-commerce adoption. zacks.com - 1 week ago
Macerich Ties Up With PenFed for Tysons Corner Center Plaza In a major boost to Macerich's Tysons Corner brand enhancement, the company agrees upon a multi-year sponsorship arrangement with PenFed. zacks.com - 3 weeks ago
Macerich and PenFed Credit Union Secure Exclusive Sponsorship Agreement for Tysons Corner Center Plaza Agreement Underscores PenFed Credit Union's Long-Standing Commitment to the Local Community and its Members Agreement Underscores PenFed Credit Union's Long-Standing Commitment to the Local Community and its Members globenewswire.com - 3 weeks ago
Sell Alert: 2 REITs In Deep Trouble To Avoid We are facing a challenging environment. Some REITs may not survive it. I discuss two REITs that could be facing significant trouble. seekingalpha.com - 1 month ago
MAC Copper Simplifies its Debt Structure with Lower Interest Rate and Improved Liquidity ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC) MAC Copper Limited (“MAC” or the “Company”) is pleased to announce that it has successfully amended its debt and further simplified its balance sheet through the early repayment of the Sprott mezzanine facility. Overview of the Debt Facilities Old MAC facilities comprised of a US$159 million term loan facility, an undrawn US$25 million revolving credit facility, a US$145 million mezzanine facility1 and. businesswire.com - 1 month ago
Estee Lauder: What's Next for the Company That Owns Jo Malone, Bobbi Brown, MAC? Estée Lauder CEO Stéphane de La Faverie says he is committed to reigniting growth and achieving "solid double-digit margin" for the company. "We need to be reactive to where the consumer goes, and we need to make sure we give them the innovation they are looking for in the time that they want it," he said. youtube.com - 1 month ago
Macerich Announces Pindustry to Anchor HiFi at FlatIron Crossing MAC announces that Pindustry will anchor its mixed-use outdoor development project, HiFi, adjacent to FlatIron Crossing in Colorado. zacks.com - 1 month ago
Macerich Advances HiFi, Outdoor Mixed-Use Development at FlatIron Crossing in Colorado, Names Entertainment Anchor Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan globenewswire.com - 1 month ago
Macerich Stock Falls Despite Meeting Q4 FFO Estimates, Revenues Beat MAC's Q4 results reflect better occupancy and base rent re-leasing spreads, though lower same-center NOI and higher expenses affected the performance. zacks.com - 1 month ago
The Macerich Company (MAC) Q4 2024 Earnings Call Transcript The Macerich Company (NYSE:MAC ) Q4 2024 Earnings Conference Call February 27, 2025 1:00 PM ET Company Participants Samantha Greening - Director, IR Jack Hsieh - President & CEO Dan Swanstrom - SEVP & CFO Doug Healey - SEVP, Leasing Brad Miller - SVP, Portfolio Management Conference Call Participants Floris Van Dijkum - Compass Point Craig Mailman - Citi Linda Tsai - Jefferies Andrew Reale - Bank of America Securities Vince Tibone - Green Street Alexander Goldfarb - Piper Sandler Haendel St. Juste - Mizuho Operator Ladies and gentlemen, thank you for standing by. Welcome to the Fourth Quarter 2024 Macerich Earnings Conference Call. seekingalpha.com - 1 month ago
Here's What Key Metrics Tell Us About Macerich (MAC) Q4 Earnings Although the revenue and EPS for Macerich (MAC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 1 month ago
8. Profile Summary

The Macerich Company MAC

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COUNTRY US
INDUSTRY REIT - Retail
MARKET CAP $ 3.55 B
Dividend Yield 0.87%
Description 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. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 - 2019).
Contact 401 Wilshire Boulevard, Santa Monica, CA, 90401 https://www.macerich.com
IPO Date March 10, 1994
Employees 615
Officers Ms. Olivia Bartel Leigh Executive Vice President of Portfolio Operations & People Mr. Kurt Ivey Senior Vice President of Marketing Ms. Samantha Greening Director of Investor Relations Mr. Jackson Hsieh President, Chief Executive Officer & Director Mr. Christopher J. Zecchini Senior Vice President & Chief Accounting Officer Mr. Douglas J. Healey Senior EVice President & Head of Leasing Mr. Robert F. Beffa Senior Vice President of Real Estate Mr. Daniel E. Swanstrom II Chief Financial Officer, Treasurer & Senior EVice President Ms. Ann C. Menard J.D. Senior EVice President, Chief Legal Officer & Secretary Mr. Tom Birdsall Senior Vice President of Information Technology