|Bid||26.36 x 6800|
|Ask||26.62 x 6700|
|Day's Range||26.61 - 26.61|
|52 Week Range||26.61 - 50.55|
|Beta (3Y Monthly)||0.20|
|PE Ratio (TTM)||34.82|
|Forward Dividend & Yield||2.69 (10.12%)|
|1y Target Est||N/A|
Those in charge of companies know more about their businesses than anyone else, so when a firm like Macerich sees officers and directors line up to buy over 100,000 shares, you should pay attention.
Macerich stock has lost nearly half of its value over the past year, even though the stellar quality of its mall portfolio should enable the REIT to bounce back from its recent setbacks.
MAC is a real estate investment trust, and REITs tend to trade at multiples of "funds from operations" (FFO) rather than price to earnings ratios like normal corporations do. Macerich had a great run from 2010 through 2015, rising from south of $30 to north of $95. As of the middle of this year, Macerich sat at just $33.49 a share.
In our Global Hidden Gems Portfolio, apart from handpicking stocks that are profitable but trading less than net cash, we also featured high dividend yield stocks around the world in a monthly basis. Here is a list of 70 stocks with the highest yields, but with volatility in the S&P 500 basket. Warning! GuruFocus has detected 3 Warning Signs with CTL.
CEO of Macerich Co (NYSE:MAC) Hern Thomas E O bought 5,000 shares of MAC on 05/29/2019 at an average price of $37.11 a share.
CEO of Macerich Co (NYSE:MAC) Hern Thomas E O bought 5,000 shares of MAC on 05/23/2019 at an average price of $39.69 a share.
The Santa Monica, California-based real estate investment trust said it had funds from operations of $122.3 million, or 81 cents per share, in the period. The average estimate of seven analysts surveyed ...
is a real estate investment trust REIT, which has been marked down from north of $95, back in 2015, to $41. Share prices that drop by much more than justified create great buying opportunities. From 2011 through 2018 investors typically paid about 17.8x funds form operations (FFO) to own MAC.
The real estate investment trust, based in Santa Monica, California, said it had funds from operations of $165.7 million, or $1.09 per share, in the period. The average estimate of seven analysts surveyed ...
Mall real estate investment trust Macerich MAC currently trades roughly 15% below our $59 fair value estimate. Macerich has successfully transitioned its portfolio through asset sales of lower-quality malls and redevelopment of higher-quality properties into a true Class A mall portfolio. While we recognize that e-commerce will continue to apply significant pressure to brick-and-mortar retail, we believe there will be a continued bifurcation of physical retail performance, with the highest-quality assets continuing to produce strong sales growth while the lower-quality product sees foot traffic and sales decline.
Among mall REITs, Taubman Centers, Inc. (NYSE: TCO ) and Macerich Co (NYSE: MAC ) have underperformed relative to Simon Property Group Inc (NYSE: SPG ), primarily due to the greater cash flow headwinds ...
The Macerich Company (MAC) opens Scottsdale Fashion Square's refurbished luxury wing. The face-lift enables the mall to add an impressive tenant lineup to its roster.
Retail landlord Macerich this weekend is launching a concept known as BrandBox, a place where young brands can have their own stores, at Tysons Corner Center in D.C., one of the most valuable shopping malls in the U.S.
Macerich (MAC) delivered FFO and revenue surprises of -1.00% and 0.20%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
SANTA MONICA, Calif. (AP) _ The Macerich Co. (MAC) on Wednesday reported a key measure of profitability in its third quarter. The real estate investment trust, based in Santa Monica, California, said it had funds from operations of $149.6 million, or 99 cents per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of $1 per share.
Let's delve into the factors that will likely impact Q3 results of Federal Realty (FRT), Macerich (MAC), Realty Income (O), Mid America Apartment (MAA) and HCP.
Macerich's (MAC) Q3 performance is likely to benefit from upbeat consumer sales amid recovering economy and better employment scenario. Improving net absorption is likely to aid occupancy levels.
Macerich Company is a US$8.62b mid-cap, real estate investment trust (REIT) based in Santa Monica, United States. REIT shares give you ownership of the company than owns and manages variousRead More...
Simon Property Group (SPG) and Macerich's (MAC) collaboration for Los Angeles Premium Outlets will help leverage on improving spending habits of wealthier customers amid improving economy.