Macerich Co. (MAC): Price and Financial Metrics
MAC Price/Volume Stats
| Current price | $12.13 | 52-week high | $14.51 |
| Prev. close | $11.47 | 52-week low | $8.77 |
| Day low | $11.37 | Volume | 2,296,100 |
| Day high | $12.23 | Avg. volume | 1,984,969 |
| 50-day MA | $10.78 | Dividend yield | 5.99% |
| 200-day MA | $10.97 | Market Cap | 2.61B |
MAC Stock Price Chart Interactive Chart >
MAC POWR Grades
- MAC scores best on the Growth dimension, with a Growth rank ahead of 89.7% of US stocks.
- MAC's strongest trending metric is Growth; it's been moving up over the last 177 days.
- MAC's current lowest rank is in the Sentiment metric (where it is better than 0.97% of US stocks).
MAC Stock Summary
- Of note is the ratio of MACERICH CO's sales and general administrative expense to its total operating expenses; just 2.36% of US stocks have a lower such ratio.
- For MAC, its debt to operating expenses ratio is greater than that reported by 91.89% of US equities we're observing.
- Over the past twelve months, MAC has reported earnings growth of -211.43%, putting it ahead of merely 6.85% of US stocks in our set.
- If you're looking for stocks that are quantitatively similar to MACERICH CO, a group of peers worth examining would be HR, AIRC, BHR, DHC, and OPI.
- MAC's SEC filings can be seen here. And to visit MACERICH CO's official web site, go to www.macerich.com.
MAC Valuation Summary
- In comparison to the median Real Estate stock, MAC's price/sales ratio is 136.36% higher, now standing at 2.6.
- MAC's EV/EBIT ratio has moved down 69.5 over the prior 243 months.
Below are key valuation metrics over time for MAC.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| MAC | 2023-11-07 | 2.6 | 0.9 | -6.8 | -51.4 |
| MAC | 2023-11-06 | 2.6 | 0.9 | -6.8 | -51.4 |
| MAC | 2023-11-03 | 2.8 | 0.9 | -27.7 | 57.8 |
| MAC | 2023-11-02 | 2.6 | 0.8 | -25.8 | 56.4 |
| MAC | 2023-11-01 | 2.4 | 0.8 | -24.2 | 55.2 |
| MAC | 2023-10-31 | 2.4 | 0.8 | -24.0 | 55.1 |
MAC Growth Metrics
- The 2 year cash and equivalents growth rate now stands at -72.23%.
- Its year over year price growth rate is now at -8.32%.
- The 4 year revenue growth rate now stands at -10.12%.
The table below shows MAC's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 859.164 | 337.51 | -66.068 |
| 2022-09-30 | 860.342 | 359.723 | -84.829 |
| 2022-06-30 | 861.775 | 288.763 | 37.066 |
| 2022-03-31 | 873.157 | 299.593 | 40.685 |
| 2021-12-31 | 847.437 | 286.368 | 14.263 |
| 2021-09-30 | 812.677 | 271.343 | -159.085 |
MAC's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- MAC has a Quality Grade of D, ranking ahead of 12.74% of graded US stocks.
- MAC's asset turnover comes in at 0.086 -- ranking 245th of 444 Trading stocks.
- CLDT, AHT, and DRH are the stocks whose asset turnover ratios are most correlated with MAC.
The table below shows MAC's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.086 | 0.544 | -0.016 |
| 2021-03-31 | 0.080 | 0.533 | -0.016 |
| 2020-12-31 | 0.085 | 0.557 | -0.010 |
| 2020-09-30 | 0.091 | 0.580 | 0.007 |
| 2020-06-30 | 0.097 | 0.591 | 0.010 |
| 2020-03-31 | 0.103 | 0.605 | 0.014 |
MAC Price Target
For more insight on analysts targets of MAC, see our MAC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $18.50 | Average Broker Recommendation | 2.09 (Hold) |
Macerich Co. (MAC) Company Bio
The Macerich Company engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. The company was founded in 1964 and is based in Santa Monica, California.
Latest MAC News From Around the Web
Below are the latest news stories about MACERICH CO that investors may wish to consider to help them evaluate MAC as an investment opportunity.
Macerich (MAC) Q3 FFO Meets Estimates, Revenues Rise Y/YMacerich (MAC) witnesses year-over-year growth in occupancy and same-center net operating income. However, the top line lags estimates. This retail REIT maintains its 2023 FFO per share guidance. |
The Macerich Company (NYSE:MAC) Q3 2023 Earnings Call TranscriptThe Macerich Company (NYSE:MAC) Q3 2023 Earnings Call Transcript October 31, 2023 The Macerich Company misses on earnings expectations. Reported EPS is $-1.1689 EPS, expectations were $0.44. Operator: Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Third Quarter 2023 Macerich Earnings Conference Call. At this time, all participants are in […] |
Q3 2023 Macerich Co Earnings CallQ3 2023 Macerich Co Earnings Call |
Macerich Q3 earnings meet consensus, leasing spreads in double-digitsMore on Macerich |
Macerich FFO of $0.44 in-line, revenue of $218.15M beats by $4.67M; reaffirms FY23 guidanceMore on Macerich |
MAC Price Returns
| 1-mo | 18.09% |
| 3-mo | 4.30% |
| 6-mo | 21.78% |
| 1-year | 3.00% |
| 3-year | 35.48% |
| 5-year | -64.86% |
| YTD | 14.53% |
| 2022 | -31.57% |
| 2021 | 68.49% |
| 2020 | -54.09% |
| 2019 | -32.18% |
| 2018 | -30.56% |
MAC Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching MAC
Want to see what other sources are saying about Macerich Co's financials and stock price? Try the links below:Macerich Co (MAC) Stock Price | Nasdaq
Macerich Co (MAC) Stock Quote, History and News - Yahoo Finance
Macerich Co (MAC) Stock Price and Basic Information | MarketWatch
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