29.23 0.00 (0.00%)
After hours: 4:28PM EDT
|Bid||29.34 x 900|
|Ask||29.50 x 4000|
|Day's Range||27.81 - 29.42|
|52 Week Range||27.11 - 53.61|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||38.16|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||3.00 (10.62%)|
|1y Target Est||37.36|
Is Macerich Company (NYSE:MAC) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of […]
Simon Property (SPG) navigating through the retail apocalypse by actively restructuring its portfolio, aiming at combining shopping, dining and entertainment options to drive more traffic.
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 ...
Advancing with its planned sale of assets for 2019, Kimco Realty (KIM) sold eight properties and two land parcels in Q3. Yet, dilutive effect on earnings from sales cannot be averted in the near term.
Simon Property's (SPG) partnership with Rue Gilt Groupe to start a new multi-platform venture to help the company leverage on the solid scope for growth in the online value-shopping market.
SITE Centers' (SITC) move to sell its 15% stake in the DDRTC joint venture to the company's partner, TIAA-CREF, is in line with its focus to improve portfolio quality and drive growth.
Industrious, a coworking operator, will occupy space at Fashion District Philadelphia and now has three locations in the city. It will have 47,000 square feet at Fashion District that it will manage and operate as coworking space. The company occupies 55,000 square feet in Two Liberty Place at 50 S. 16th St. and entered the market in 2015 when it took two full floors, or about 21,000 square feet, at 230 S. Broad St. Coworking is a relatively new offering at malls but is a growing segment.
The lease is another example of a mall finding a non-retail tenant to fill space left vacant by a big-box store like Sears or Macy's that has struggled in the age of online shopping.
Regency Centers' (REG) acquisition of Circle Marina Center in Long Beach is a strategic fit, given the property's appropriate location with solid surrounding demographics.
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.
Kimco Realty (KIM) intends to use net proceeds from the new ATM common share offering for acquisitions, debt repayment and investments in short-term instruments.
As the S&P 500 trades near record highs in 2019, Goldman Sachs says that a select group of reasonably priced, high-ROE growth stocks will lead the market in the coming months. Goldman says this superior performance will occur despite major pressure on ROE at most companies. "While stocks with low volatility and strong balance sheets still trade more than 2 standard deviations expensive relative to the past 10 years, stocks with high returns on capital carry more reasonable valuations," said Goldman in its latest US Weekly Kickstart report.
The market tried to work its way back into a bullish groove and end the week on a high note, but to no avail. By the time Friday's closing bell rang, the S&P 500 was 0.49% lower than Thursday's last trade. The true direction of the undertow remains in question.Source: Shutterstock Netflix (NASDAQ:NFLX) did more than its fair share of the damage, tumbling more than 5% after CEO Reed Hastings conceded looming competition from Walt Disney (NYSE:DIS) and others would be impressively tough. At the other end of the spectrum, though not by enough, was Fitbit (NYSE:FIT). The fitness tracker ticker jumped more than 11% on a rumor that it was considering selling itself to a so-far-unnamed suitor.Headed into the new trading week, it's the stock charts of MSCI (NYSE:MSCI), Abbott Laboratories (NYSE:ABT) and Macerich (NYSE:MAC) that are of the most interest. Here's why, and what's apt to be next.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Macerich (MAC)Macerich shares have been losing ground for a couple of years now, with seemingly no end in sight. Although up for the past few weeks, that move didn't necessarily snap the losing streak. * 7 Worst Stocks in the S&P 500 in 2019 Except, that gain may have set the stage for a recovery effort. After such a prolonged selloff, the stock's certainly ripe for a rebound. And, another missing link has finally materialized. Fortunately, the lines in the sand have become very clear. Click to Enlarge • The most important of those lines is the one that has steered MAC stock lower since the August-2018 peak, marked as a yellow dashed line on both stock charts.• The action over the course of the past month exhibits many of the clues of a reversal. Namely, volume swelled into the bottom from last month, and the turnaround has taken shape on even higher volume. It's a sign of a pivot from a net-selling to a net-buying environment.• Even if the falling resistance line is broken, notice the gray 100-day moving average line could still bring a quick end to that effort. It needs to be cleared as well. Abbott Laboratories (ABT)The past couple of months haven't been especially good ones for Abbott Laboratories shareholders. After an incredibly bullish summer following a great start to the new year, the stock has fallen back.That selloff is part of a well-established pattern, though, and that pattern has been amazingly well defined by straight support and resistance lines. ABT stock is somewhat in limbo right now, trapped between various floors and ceilings. Whether you want to buy it or short it depends on what happens next, and your intended timeframe. Click to Enlarge • There are two sets of support and resistance levels. The lesser ones are marked as yellow lines on both stock charts, while the bigger ones are plotted in light blue.• Though edging lower, the gray 100-day moving average line has thus far held up as a support level, much like it did back in May.• The white 200-day moving average line is also in play here, so if the short-term, yellow floor that's guided Abbott to higher lows since the end of last year doesn't hold up, ABT stock doesn't necessarily have to fall all the way back to the mid-$70's. MSCI (MSCI)Finally, although MSCI looked (and was) unstoppable through the first half of the year, the rally was stopped cold as the second half began. It didn't slip over the edge of the cliff though, so to speak, until last week -- and Friday in particular -- when a sizeable stumble dragged shares below a trio of key moving average lines. Those same moving averages, in fact, also dished out sell signals of their own. Click to Enlarge • The divergence of those three moving average lines that started to take shape in February has not only ended, the convergence is starting to become a divergence again … in the other direction.• Take a close look at the daily volume bars, and the red, bearish ones in particular. They've become decidedly taller than average since July, and continue to rise.• Zooming out to the weekly chart of MSCI stock makes clear just how overextended this off-the-radar financial services was. It also illustrates how the gray 100-day moving average line has been a make-or-break level in the past … the white 200-day moving average line as well, although less so.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Worst Stocks in the S&P 500 in 2019 * 7 Reasons to Own Intuit Stock -- The Unsung Hero of Fintech * Apple and 4 Other Tech Stocks on the Move The post 3 Big Stock Charts for Monday: MSCI, Macerich and Abbott Laboratories appeared first on InvestorPlace.
Making progress with an agreement to shed stake in three retail properties in Asia, Taubman Centers (TCO) completes 50% interest sale in Starfield Hanam, in South Korea.
Realty Income's (O) October dividend payment marks the company's 591 successive monthly dividend payments and 88 consecutive quarterly increases through its 50-year operating history.
Realty Income (O) poised to benefit from solid investments, and focus on service, non-discretionary and low-price retail business tenants.
Amid challenges in the retail real estate market, Federal Realty (FRT) is aimed at long-term value accretion through remerchandising, redevelopment efforts and proactive acquisitions of anchor leases.
By focusing on luxury shopping destinations and evolving with the times, this REIT mall operator has defied the downward trends in retail.