|Bid||39.86 x 800|
|Ask||39.89 x 800|
|Day's Range||39.77 - 40.28|
|52 Week Range||39.71 - 60.95|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||56.07|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||3.00 (7.47%)|
|1y Target Est||48.71|
Simon Property (SPG) is undertaking strategic measures to help online retailers fortify their physical presence, besides taking steps to support omni-channel strategy.
For the past few years, Arden Fair has become one of the quietly hippest art showcases in town, with dancers, muralists, musicians and spontaneous customers who may bust a move with the slightest encouragement among the practitioners. “When I came on board two years ago as marketing manager, Arden Fair had already been working at bringing the local community and local arts together at events like this,” says Nathan Spradlin, who works for the mall’s managing company, Macerich. “For most of the events at Arden Fair, there was a deliberate sense of ether you come by and see it or it’s gone, meaning they’d last only one day,” he says.
CBL Properties (CBL) to add Round1 Bowling & Amusement at its Northwoods Mall and South County Center, making both properties premier entertainment destinations.
Kierland Commons, a lifestyle retail center on the border of Scottsdale and Phoenix, was among the top-performing malls in the country to begin this year. Kierland is owned by Macerich Co. (NYSE: MAC), a Santa Monica, California-based real estate investment trust that owns and operates some of the country’s and Valley’s largest malls. At the end of first quarter 2019, Kierland reported sales per foot of $1,281, which is fifth-highest in all of Macerich’s portfolio and the highest in Arizona.
A new hamburger stand will no longer be opening at the Biltmore Fashion Park in Phoenix after another tenant objected to it.
Macerich Co NYSE:MACView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for MAC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on April 30. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.30 billion over the last one-month into ETFs that hold MAC are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Bay Area mall landlord Macerich is mixing up its usual lineup of tenants with plans to expand a co-working partnership to Walnut Creek's Broadway Plaza. The Santa Monica mall operator has set aside 33,000 square feet for its co-working partner Industrious, a New York-based flexible workspace provider. The space will occupy the second level of Broadway Plaza above fitness retailer Lululemon.
Macerich (MAC) delivered FFO and revenue surprises of 0.00% and 2.70%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Macerich's (MAC) Q1 results reflect a decline in leasing revenues. Nonetheless, growth in same-center NOI buoys the company's performance.
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 ...
SANTA MONICA, Calif. , May 2, 2019 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced results of operations for the quarter ended March 31, 2019 , which included net income attributable to ...
The principal methodology used in rating all classes except interest-only classes was "Moody's Approach to Rating Large Loan and Single Asset/Single Borrower CMBS" published in July 2017. The methodologies used in rating interest-only classes were "Moody's Approach to Rating Large Loan and Single Asset/Single Borrower CMBS" published in July 2017 and "Moody's Approach to Rating Structured Finance Interest-Only (IO) Securities" published in February 2019.
Simon Property's (SPG) Q1 performance reflects increased occupancy and leasing spread per square foot at the company's U.S. malls and Premium Outlets.
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.
Macerich's (MAC) efforts to enhance its asset quality will enable it to grab attention from new and productive tenants, and witness higher mall traffic in Q1.
SANTA MONICA, Calif. , April 25, 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 ...
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.
Gilead Sciences Inc., CVS Health Corp, Macerich Co. and OPKO Health Inc. have declined to their respective three-year lows
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of December 31st. In this article we look at what those investors think of Macerich Company (NYSE:MAC). Macerich Company (NYSE:MAC) has […]
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.