|Bid||15.12 x 800|
|Ask||0.00 x 900|
|Day's Range||55.16 - 55.90|
|52 Week Range||52.45 - 69.73|
|PE Ratio (TTM)||350.82|
|Forward Dividend & Yield||2.96 (5.20%)|
|1y Target Est||N/A|
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...
Apple Inc. (NASDAQ: APPL) is closing one of its stores in Phoenix as it opens another. This week a new Apple Store will open at Scottsdale Fashion Square, and the tech giant’s namesake store in the Biltmore Fashion Park is set to close. The Phoenix Business Journal reported this month that the long-rumored Apple Store would open in Scottsdale at the end of September and now Apple has confirmed it will be holding a grand opening event on Sept. 29. But the Valley won’t be gaining a new Apple Store, rather one will move locations.
As San Francisco rents continue to soar, retailers have become hesitant about committing long term to brick-and-mortar space. One solution: popping in temporarily.
Dirty Lemon's first store opens this week. Dirty Lemon, a beverage brand that was born online and developed a cult-like following via millennials' Instagram posts, is opening its first store this week. Moving somewhat in reverse, Dirty Lemon is opening its first bricks-and-mortar location as many brands are trimming back their physical footprints.
Forever 21 and Tommy Bahama are leaving the Magnificent Mile as shoppers increasingly make their purchases online rather than in store.
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.
Retail developers Macerich and Simon Property Group are partnering on a 50-50 joint venture to create a “state-of-the-art” premium outlet mall in Carson.
Macerich's (MAC) efforts to revamp its properties, leasing of co-working spaces and portfolio expansion to drive its long-term growth. However, online sales boom will likely impede near-term growth.
Macerich (MAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The 635,000-square-foot "urban outlet" mall was originally slated to anchor the $1 billion Candlestick Point redevelopment. Then the national retail market hit major turbulence.
REITs that own low-quality malls have seen their stock prices sag in recent years. But one retail REIT is in the midst of dramatically upgrading its portfolio, which could drive big gains for investors in the next few years.
Investing for income usually results in quieter, and lower-risk, investment strategies. The best dividend stocks tend to be more mature and lower-growth, which is why they distribute cash to shareholders rather than reinvesting it in their businesses. The goal of most income investors is to protect principal by buying quality companies who will grow dividends over time, rather than chasing ‘hot’ stocks with higher risk.
What Lies Ahead for Simon Property in the Second Half of 2018? In its second-quarter 2018 earnings conference call, Simon Property (SPG) stated that it will continue investing in the redevelopment and expansion of its properties. Notably, the company has spent ~$5 billion on development projects over the last five years.
Across America, stores once occupied by now-bankrupt retailers like Toys R Us and Bon-Ton are being converted into shared office space. Shopping mall owners are increasingly turning to unconventional tenants to fill some of the estimated 200 million square feet of retail space that's closed or is expected to close since the beginning of 2017.
What Lies Ahead for Simon Property in the Second Half of 2018? Simon Property (SPG) has reported five consecutive quarters of upbeat top-line performances and also seen YoY improvements. Furthermore, Simon Property is focusing on transforming its properties by adding more hotels, restaurants, and luxury stores.
The Southern California mall operator has shifted its priority off mall's occupancy rates and toward higher sales per square foot.
Tanger Factory Outlet Centers (NYSE:SKT) has become a battleground stock. Some 27% of Tanger stock is sold short at the moment. Heading into its most recent earnings report, Tanger stock had bounced 20% from May lows.
Macerich's (MAC) Q2 results highlight robust growth in re-leasing spreads and high liquidity. However, fall in occupancy in the quarter remains a headwind for the company.
Macerich and Pennsylvania Real Estate Investment Trust, the companies redeveloping the Center City property, now say that the opening is set for November 2019 but progress is being made.
Denver-based Hyde Park Jewelers is bringing the high-end European-manufactured watches to the Macerich-owned mall.
Macerich (MAC) delivered earnings and revenue surprises of 0.00% and 9.49%, respectively, for the quarter ended June 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 second quarter. The results matched Wall Street expectations. The real estate investment trust, based in Santa Monica, California, said it had funds from operations of $145.1 million, or 96 cents per share, in the period.