|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||55.04 - 56.26|
|52 Week Range||52.12 - 69.73|
|PE Ratio (TTM)||54.69|
|Forward Dividend & Yield||2.96 (5.14%)|
|1y Target Est||N/A|
Macerich CEO Art Coppola is retiring from the mall owner later this year. The retail real estate industry has seen more consolidation in recent months. Coppola's departure could be a sign more deal activity is looming, experts say.
Macerich Co (NYSE: MAC ) announced Thursday that CEO and Chairman Arthur Coppola will retire by the end of 2018. Shares initially popped 3.7 percent on the news, and while the stock has since conceded ...
The company announced Art Coppola’s retirement through a press release Thursday afternoon. The retirement will be effective on Dec. 31.
Macerich Co said on Thursday Chief Executive Arthur Coppola will retire at year-end, capping a 25-year stint at the helm of the U.S. shopping mall operator. The board of directors has begun a search for a new CEO, Macerich said. Coppola will also step down as chairman, and will be succeeded by Macerich board member Steven Hash.
Macerich Co.’s chief executive officer has told the U.S. mall owner’s board that he plans to retire, according to people familiar with the matter. Macerich could announce plans for Arthur Coppola to step down as soon as this week, said the people, who asked not to be identified as the details aren’t public. Starboard Value, the activist fund run by Jeff Smith, has built a position in Macerich and nominated a majority slate of directors to its board, a person familiar with the matter said this month.
Amid changes in the retail industry, a top executive at Arden Fair says "malls are still a viable format" — and has several upcoming additions to prove it.
Late last month, GGP agreed to be acquired for less than its net asset value. However, this may not mean much for shareholders of other high-quality mall REITs.
The mall was meant to be the centerpiece of the 280-acre project, one of San Francisco's largest.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. In the past 10 years MacerichRead More...
Stocks are the best investment in a bull market, but they are often associated with at least some degree of uncertainty, since it’s difficult to predict when a rally might end and the high volatility will erase the gains. Bonds are much less risky, but also generate substantially lower returns. One asset class that is […]
Macerich Company (NYSE:MAC) is trading with a trailing P/E of 58.2x, which is higher than the industry average of 20.5x. While this makes MAC appear like a stock to avoidRead More...
Moody's Investors Service has upgraded the ratings on three classes and affirmed the ratings on three classes in Queens Center Mortgage Trust 2013-QC, Series 2013-QC as follows: Cl. A, Affirmed Aaa (sf); ...
Macerich (MAC) enters into a joint venture with Hudson Pacific to redevelop the struggling Westside Pavilion into a creative office space while retaining 25% stake in the joint venture.
Macerich Co (NYSE:MAC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Starboard Value, run by Jeffrey Smith, is one of the most famous activist hedge funds and is well known to the investment community. The fund registered a resounding success in its activist efforts with Darden Restaurants, Inc. (NYSE:DRI), having managed a complete overhaul of the company’s board of directors. It has also led the efforts […]
On the 02 March 2018, Macerich Company (NYSE:MAC) will be paying shareholders an upcoming dividend amount of $0.74 per share. However, investors must have bought the company’s stock before 20Read More...
Macerich's (MAC) Q4 results reflect decline in occupancy in the quarter. Moreover, revenues slipped from the prior-year period.
The real estate investment trust, based in Santa Monica, California, said it had funds from operations of $170.1 million, or $1.13 per share, in the period. The average estimate of nine analysts surveyed ...
Simon Property Group (SPG) Q4 performance reflects high level of occupancy of its properties and increase in base minimum rent per square foot. The company also increased its dividend.
With an increasing number of retailers jumping on the dot-com bandwagon and the rising popularity of e-commerce, the top line of The Macerich Company (MAC) is likely to be stressed in Q4.
Regency Centers' (REG) buyout of two neighboring properties In Long Island fortifies its portfolio with assets that boast an experienced tenant roster.
Ontario Teachers’ Pension Plan Board has held talks with other investors about a potential deal to take U.S. mall owner Macerich Co. private, according to people familiar with the matter.