|Bid||25.00 x 1800|
|Ask||25.04 x 1000|
|Day's Range||24.96 - 25.67|
|52 Week Range||24.94 - 47.05|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||43.86|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail properties in top markets, today reported that year-over-year sales at Scottsdale Fashion Square reached $1,472 per square foot compared to $1,032 prior to the redevelopment and expansion of the luxury wing that debuted in November 2018.
S&P; Dow Jones Indices will make the following index adjustments to the S&P; 500, S&P; MidCap 400 and S&P; SmallCap 600 to ensure each index more appropriately represents its market capitalization range. The changes will be effective prior to the open of trading on Monday, December 23 to coincide with the December rebalance.
On December 3, the Macerich (NYSE: MAC) Company closed a $540.0 million loan on Kings Plaza in Brooklyn, NY. The new loan bears a fixed interest rate of 3.62% and matures on January 1, 2030. The former loan was $427.4 million, which was repaid at closing. Excess refinancing proceeds were used to repay a portion of the Company's revolving line of credit. In 2018, the Company invested $110 million to redevelop the former 4-level Sears store with Primark, Zara, JCPenney and Burlington, which also included a transformative renovation of the mall's exterior along Flatbush Avenue. The property generated $735 per square foot as of September 30, 2019.
Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, today announced that Versace, one of the leading global fashion design houses, will open its first Arizona store at Scottsdale Fashion Square.
SANTA MONICA, Calif. , Oct. 31, 2019 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced results of operations for the quarter ended September 30, 2019 , which included net income attributable ...
SANTA MONICA, Calif. , Oct. 24, 2019 /PRNewswire/ -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.75 per share of common stock. The dividend is payable ...
SANTA MONICA, Calif. , Oct. 14, 2019 /PRNewswire/ -- WHAT : Macerich (NYSE: MAC) Schedules Third Quarter 2019 Earnings Release WHEN: Earnings Results will be released before market open on Thursday, October ...
SARATOGA SPRINGS, N.Y., Oct. 1, 2019 /PRNewswire/ -- Saratoga Hospital is leasing more than 56,000 square feet at Wilton Mall to free much-needed space for patient care on the main hospital campus. The lease, with mall owner and operator Macerich (MAC), reflects Saratoga Hospital's long-term strategic plan to dedicate its Church Street campus to services that must be provided in a hospital setting—the only place where patients have 24/7 access to intensive and emergency care, constant monitoring, and a highly skilled medical team.
SANTA MONICA, Calif. , Aug. 8, 2019 /PRNewswire/ -- Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of exceptional retail properties in top markets, today announced the ...
PHILADELPHIA, July 30, 2019 /PRNewswire/ -- Fashion District Philadelphia, ("The District") a joint venture partnership between PREIT and Macerich, announces that Wonderspaces, a unique and new-to-region immersive art experience, along with two dozen new tenants will join the dynamic tenant roster as the project launches in September. Wonderspaces reinforces the property's diverse blend of entertainment and art, and will complement the project's dynamic tenant mix and community programming across style, dining, entertainment, and arts & culture uses. Wonderspaces partners with artists from around the world to present art shows that everyone can enjoy as a place to connect with friends and family. After receiving over two hundred fifty thousand visitors in its previous shows in San Diego and Scottsdale, Wonderspaces will open its first Philadelphia show, Point of View, in December 2019.
SANTA MONICA, Calif. , May 31, 2019 /PRNewswire/ -- Macerich® (NYSE: MAC) today announced that Tom O'Hern , Chief Executive Officer, Scott Kingsmore , Executive Vice President, Chief Financial Officer ...
SANTA MONICA, Calif., April 30, 2019 /PRNewswire/ -- Macerich (MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, today announced a second location as part of its national relationship with premium flexible workspace provider Industrious. This follows the first-in-the-portfolio opening of Industrious at Scottsdale Fashion Square in January 2019, which far exceeded expectations, reaching near complete occupancy in less than 10 weeks. "Macerich is leading the way when it comes to adding exciting, traffic-driving new uses to our A-level retail properties across the country," said Tom O'Hern, Chief Executive Officer, Macerich.
RESTON, Va., April 24, 2019 /PRNewswire/ -- Electrify America today announced collaboration with nine additional companies to host more than 30 ultra-fast electric vehicle charging stations across the U.S. The companies, ranging from popular grocery store chains to retail shopping centers, will help expand the availability of electric vehicle DC fast charging for customers who drive or are considering purchasing a zero-emissions vehicle.
SANTA MONICA, Calif. , April 15, 2019 /PRNewswire/ -- WHAT : Macerich (NYSE: MAC) Schedules First Quarter 2019 Earnings Release WHEN: Earnings Results will be released before market open on Thursday, ...
Issued Just Weeks Ahead of 1Q Earnings Reports for U.S. Shopping Mall REITs, In-Depth Report Shows Volatile Activity Since 'Retail Apocalypse' New Performance Update Uses Unique 'Thasos Trade Area' Tool ...
SANTA MONICA, Calif. , Feb. 27, 2019 /PRNewswire/ -- Macerich ® (NYSE: MAC) today announced that Tom O'Hern , CEO and Scott Kingsmore , Executive Vice President and CFO and Doug Healey , Executive Vice ...
SANTA MONICA, Calif., Feb. 21, 2019 /PRNewswire/ -- Macerich (MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail properties in top markets, today announced it has earned a top ranking on the 2018 CDP Climate A List – one of just 130+ out of nearly 7,000 participating companies. In all, just 29 U.S. companies made the CDP Climate A List.
NEW YORK, Feb. 19, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
SANTA MONICA, Calif., Feb. 14, 2019 /PRNewswire/ -- Macerich (MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, today announced that Equinox, the high performance lifestyle leader, will open its first-to-market luxury club at Scottsdale Fashion Square. Located near the property's new luxury wing, Equinox at Scottsdale Fashion Square will be built for the ultimate in holistic healthy living, highlighting the brand's mission of life maximization, inclusive of Movement, Nutrition and Regeneration. At the heart of the Equinox experience are the brand's lauded personal training and signature group fitness programming, led by the industry's most beloved – and up-and-coming – talent, which will be available across an expansive club setting.
PHILADELPHIA, Feb. 7, 2019 /PRNewswire/ -- Fashion District Philadelphia, a joint venture partnership between PREIT and Macerich, expands dining and entertainment concepts joining the roster – including a new flagship location from entertainment leader Round One Entertainment. Fashion District will offer a variety of dynamic tenants and community programming across four key pillars – Style, Dining, Entertainment, and Arts & Culture.