Macerich Co
General ticker "MAC" information:
- Sector: Real Estate
- Industry: Retail REITs
- Capitalization: $4.6B
Macerich Co follows the US Stock Market performance with the rate: 57.7%.
Estimated limits based on current volatility of 2.6%: low 19.89$, high 20.93$
Factors to consider:
- Company pays dividends: last record date 2024-11-12, amount 0.17$ (Y3.36%)
- Company does not operate outside US (retrieved using AI)
- Current price 34.9% above estimated high
- Earnings for 18 months up through Q2 (+1 year) are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [10.46$, 14.86$]
- 2023-12-31 to 2024-12-30 estimated range: [10.41$, 15.02$]
Financial Metrics affecting the MAC estimates:
- Positive: 9.05 < Operating profit margin, % of 16.85
- Positive: Operating cash flow per share per price, % of 12.83 > 12.76
- Positive: 0.93 < Non-GAAP EPS, $ of 1.95
- Negative: negative Net income
- Negative: Interest expense per share, $ of 1.01 > 0.74
- Positive: Industry earnings per price (median), % of 7.20 > 5.96
Short-term MAC quotes
Long-term MAC plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 |
|---|---|---|
| Operating Revenue | $847.44MM | $859.16MM |
| Operating Expenses | $706.38MM | $714.38MM |
| Operating Income | $141.06MM | $144.78MM |
| Non-Operating Income | $-117.95MM | $-209.15MM |
| Interest Expense | $192.68MM | $216.85MM |
| R&D Expense | $0.00MM | $0.00MM |
| Income(Loss) | $23.11MM | $-64.37MM |
| Taxes | $6.95MM | $0.70MM |
| Profit(Loss) | $16.16MM | $-65.08MM |
| Stockholders Equity | $3,046.87MM | $2,865.77MM |
| Inventory | $54.52MM | $0.00MM |
| Assets | $8,345.66MM | $8,094.14MM |
| Operating Cash Flow | $286.37MM | $337.51MM |
| Capital expenditure | $110.93MM | $97.90MM |
| Investing Cash Flow | $234.97MM | $-1.40MM |
| Financing Cash Flow | $-837.02MM | $-321.94MM |
| Earnings Per Share* | $0.07 | $-0.30 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.