Real Estate -
REIT - Retail - NYSE - US
$ 16.645
2.35 %
$ 4.21 B
Market Cap
-33.71
P/E
1. INTRINSIC VALUE
Balance Sheet
The Macerich Company
| Current Assets | 335 M |
| Cash & Short-Term Investments | 89.9 M |
| Receivables | 157 M |
| Other Current Assets | 87.6 M |
| Non-Current Assets | 8.23 B |
| Long-Term Investments | 655 M |
| PP&E | 111 M |
| Other Non-Current Assets | 7.47 B |
| 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 |
EFFICIENCY
Earnings Waterfall
The Macerich Company
| Revenue | 918 M |
| Cost Of Revenue | 430 M |
| Gross Profit | 488 M |
| Operating Expenses | 323 M |
| Operating Income | 165 M |
| Other Expenses | 363 M |
| Net Income | -198 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
The Macerich Company
| Net Income | -198 M |
| Depreciation & Amortization | 306 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 12.1 M |
| Change in Working Capital | 18.1 M |
| Others | 137 M |
| Free Cash Flow | 283 M |
Wall Street Analysts Price Targets
The Macerich Company
Wall Street analysts predict an average 1-year price target for MAC of $17.8 , with forecasts ranging from
a
low of
$14 to a high of $23 .
MAC Lowest Price Target
Wall Street Target
14 USD
-15.89%
MAC Average Price Target
Wall Street Target
17.8 USD
6.94%
MAC Highest Price Target
Wall Street Target
23 USD
38.18%
4. DIVIDEND
ANALYSIS
1.16%
DIVIDEND YIELD
0.17 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
The Macerich Company
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.3 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
1.11 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MAC Copper Limited Announces Dispatch of Scheme Circular
ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC) MAC Copper Limited (NYSE:MTAL, ASX:MAC) (“MAC” or the “Company”) is pleased to announce that it has completed dispatch of the Scheme Circular which, among other things, contains full details of the proposed acquisition of 100% of the issued share capital in MAC by Harmony Gold (Australia) Pty Ltd (a wholly owned subsidiary of Harmony Gold Mining Company Limited (JSE:HAR, NYSE:HMY)) (“Harmony”) by way o.
businesswire.com
- 10 hours ago
Macerich Declares the Quarterly Dividend on Its Common Shares
SANTA MONICA, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $0.17 per share of common stock.
globenewswire.com
- 5 days ago
Ashkenazy Acquires The Shops at Atlas Park in Queens, NY From Macerich
NEW YORK--(BUSINESS WIRE)--Ashkenazy Acquisition Corporation, a private real estate investment firm owned by Ben Ashkenazy, today announced that it has acquired The Shops at Atlas Park in Queens, NY from Macerich and a partner. The acquisition represents Ashkenazy's format of acquiring and renovating best-in-class retail assets throughout the United States. Located in the heart of Queens on 12 acres of land with 1,400 parking spaces, the 374,000-square-foot open-air lifestyle center is a unique.
businesswire.com
- 5 days ago
Court Orders Meetings of MAC Shareholders to Consider Scheme With Harmony
ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC) MAC Copper Limited (NYSE:MTAL, ASX:MAC) (“MAC” or the “Company”) is pleased to announce that the Royal Court of Jersey (“Court”) today ordered that meetings of MAC shareholders be held to consider the proposed acquisition of 100% of the issued share capital in MAC by Harmony Gold (Australia) Pty Ltd (“Harmony Australia”) (a wholly owned subsidiary of Harmony Gold Mining Company Limited (JSE:HAR, NYSE:H.
businesswire.com
- 5 days ago
MAC Copper Announces June 2025 Quarterly Report
ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE: MTAL; ASX:MAC) MAC Copper Limited (NYSE: MTAL; ASX: MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) is pleased to release its June 2025 quarterly activities report (“Q2 2025” or “June quarter”). HIGHLIGHTS Material improvement in safety performance Decrease in TRIFR to 6.9 in Q2 2025 from a TRIFR of 9.9 recorded in Q1 2025 and a TRIFR of 10.9 in Q4 2024.
businesswire.com
- 1 week ago
MAC Copper Limited Provides Update on Recommended Transaction with Harmony
ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC) MAC Copper Limited (NYSE:MTAL, ASX:MAC) (“MAC” or the “Company”) is pleased to provide the following update on the proposed acquisition of 100% of the issued share capital in MAC by Harmony Gold (Australia) Pty Ltd (a wholly owned subsidiary of Harmony Gold Mining Company Limited (JSE:HAR, NYSE:HMY)) (“Harmony”) by way of a Jersey law scheme of arrangement pursuant to Article 125 of the Companies (Jers.
businesswire.com
- 2 weeks ago
Sell Alert: These Popular REITs No Longer Make The Cut
Don't chase REITs based on their popularity. Many aren't worth the hype. I highlight two popular REITs that I would sell.
seekingalpha.com
- 2 weeks ago
Macerich Schedules Second Quarter 2025 Earnings Release and Conference Call
SANTA MONICA, Calif., July 18, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Second Quarter 2025 Earnings Release and Conference Call
globenewswire.com
- 2 weeks ago
MAC Copper Limited Provides Notice of Release of Second 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 second quarter 2025 results on Wednesday, July 23, 2025 after market close (New York time) / Thursday, July 24, 2025 before market open (Sydney time). Conference Call The Company will host a conference call and webcast to discuss the Company's second quarter 2025 results on Wednesday, July 23, 2025 at 7:00 pm (New York time) / Thursday, July.
businesswire.com
- 3 weeks ago
REITs With Great Upside Potential
Many REITs are down over 50% from their highs. They could more than double in value just to reach their previous peaks. We highlight two such REITs that could enjoy explosive upside in the recovery.
seekingalpha.com
- 3 weeks ago
Macerich Stock Gains 15.8% in Three Months: Will the Trend Last?
MAC is set to benefit from a premium shopping center portfolio, efforts to support omnichannel retailing and an aggressive capital-recycling program.
zacks.com
- 1 month ago
The Bulls Are Back
U.S. equity markets surged to fresh record-highs as investors cheered a confluence of positive headlines: a temporary ceasefire in the Middle East, productive trade talks, and progress on tax cuts. Oil prices tumbled after the U.S. destroyed a trio of Iranian nuclear facilities in a formidable and decisive show of force, eliciting a ceasefire between Israel and Iran. Traders priced in additional rate cuts as tumbling oil prices and economic data that remains devoid of meaningful inflation prompted dovish dissents from several Fed officials.
seekingalpha.com
- 1 month ago
8. Profile
Summary
The Macerich Company MAC
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 4.21 B
Dividend Yield
1.16%
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
Mr. Daniel E. Swanstrom II
Chief Financial Officer, Treasurer & Senior EVice President
Mr. Douglas J. Healey
Senior EVice President & Head of Leasing
Ms. Ann C. Menard J.D.
Senior EVice President, Chief Legal Officer & Secretary
Mr. Christopher J. Zecchini
Senior Vice President & Chief Accounting Officer
Mr. Kurt Ivey
Senior Vice President of Marketing
Ms. Samantha Greening
Director of Investor Relations
Mr. Tom Birdsall
Senior Vice President of Information Technology
Mr. Jackson Hsieh
President, Chief Executive Officer & Director
Ms. Olivia Bartel Leigh
Executive Vice President of Portfolio Operations & People
Mr. Robert F. Beffa
Senior Vice President of Real Estate