Profile
Sector:
Real EstateIndustry:
RetailCountry:
United StatesIPO:
10 March 1994Website:
http://www.macerich.comNext earnings report:
31 October 2024Last dividends:
19 August 2024Next dividends:
N/APrice
regular market | 9 min agoAnalysts recommendations
Institutional Ownership
MAC Latest News
MAC reported FFO numbers for its second quarter that dipped 1 cent per share year-over-year. The dividend is 230% covered by FFO but still sits almost 80% below its pre-pandemic level. Management has not made it clear that their path forward plan intends to boost the capacity for more substantial dividend payouts.
Macerich's (MAC) Q2 results reflect an increase in same-center net operating income. The company also continues with its portfolio quality refining and balance sheet improving efforts.
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.40 per share a year ago.
SANTA MONICA, Calif., July 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock. The dividend is payable on September 9, 2024, to stockholders of record at the close of business on August 19, 2024.
Laing Previously Served on Macerich Board from 2003-2022; Was Board Member at Spirit Realty Capital During Macerich President and CEO Jackson Hsieh's Successful Tenure at the Company Laing Previously Served on Macerich Board from 2003-2022; Was Board Member at Spirit Realty Capital During Macerich President and CEO Jackson Hsieh's Successful Tenure at the Company
SANTA MONICA, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Second Quarter 2024 Earnings Release and Conference Call WHEN: Earnings Results will be released before market open on Wednesday, July 31, 2024.
Macerich (MAC) reported earnings 30 days ago. What's next for the stock?
SANTA MONICA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation's leading owners, operators, and developers of major retail properties in top markets, announced today that it will participate in Nareit's REITweek 2024 Investor Conference June 4 and June 5, 2024.
The ICSC conference in Las Vegas provided valuable information and enthusiasm about the retail industry. I've been saying for a decade and a half now that America built too many malls. Today, I will focus on the mall REIT sector, specifically Simon Property Group, Tanger Inc., and Macerich.
Macerich (MAC) announces the implementation of the Path-Forward Plan, which focuses on simplifying its business, elevating its financial performance and fortifying its balance sheet.
What type of business is Macerich?
Macerich Company is an American real estate investment trust. Founded in 1964, it operates as a REIT fund. The business of Macerich includes acquiring, owning, developing, redeveloping, managing, and leasing real estate properties throughout the United States. The company owns shopping centers in all major cities, with the largest number of properties located in California and Arizona. Nine shopping centers are located in New York, New Jersey, and Connecticut.
What sector is Macerich in?
Macerich is in the Real Estate sector
What industry is Macerich in?
Macerich is in the Retail industry
What country is Macerich from?
Macerich is headquartered in United States
When did Macerich go public?
Macerich initial public offering (IPO) was on 10 March 1994
What is Macerich website?
https://www.macerich.com
Is Macerich in the S&P 500?
No, Macerich is not included in the S&P 500 index
Is Macerich in the NASDAQ 100?
No, Macerich is not included in the NASDAQ 100 index
Is Macerich in the Dow Jones?
No, Macerich is not included in the Dow Jones index
When was Macerich the previous earnings report?
No data
When does Macerich earnings report?
The next expected earnings date for Macerich is 31 October 2024