The Macerich Company
General ticker "MAC" information:
- Sector: Real Estate
- Industry: REIT - Retail
- Capitalization: $4.4B (TTM average)
The Macerich Company follows the US Stock Market performance with the rate: 56.0%.
Estimated limits based on current volatility of 1.9%: low 17.97$, high 18.67$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-12-15, amount 0.17$ (Y3.59%)
- Total employees count: 616 (-6.0%) as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Geopolitical risks, E commerce impact on retail demand, Terrorist attacks, Rising costs (maintenance insurance), Funding delays
- Price in estimated range
- Earnings for 9 months up through Q3 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [15.38$, 21.08$]
- 2025-12-31 to 2026-12-31 estimated range: [14.41$, 20.28$]
Financial Metrics affecting the MAC estimates:
- Positive: with PPE of 12.6 at the end of fiscal year the price was neutral
- Positive: 7.61 < Operating profit margin, % of 17.97
- Positive: Industry operating profit margin (median), % of 33.36 > 9.53
- Negative: Industry operating cash flow per share per price (median), % of 7.88 <= 10.21
- Negative: Return on assets ratio (scaled to [-100,100]) of -2.26 <= 1.84
- Negative: -0.18 < Industry inventory ratio change (median), % of 0
- Positive: 19.41 < Shareholder equity ratio, % of 32.18 <= 42.77
- Negative: -0.75 < Inventory ratio change, % of 0
- Negative: Operating cash flow per share per price, % of 5.75 <= 6.66
Short-term MAC quotes
Long-term MAC plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $859.16MM | $884.07MM | $918.20MM |
| Operating Expenses | $709.13MM | $706.49MM | $753.19MM |
| Operating Income | $150.03MM | $177.58MM | $165.01MM |
| Non-Operating Income | $-214.41MM | $-456.17MM | $-363.98MM |
| Interest Expense | $216.85MM | $172.92MM | $219.99MM |
| Income(Loss) | $-64.37MM | $-278.59MM | $-198.97MM |
| Taxes | $0.70MM | $-0.49MM | $-1.30MM |
| Profit(Loss)* | $-66.07MM | $-274.06MM | $-194.12MM |
| Stockholders Equity | $2,865.77MM | $2,447.02MM | $2,756.49MM |
| Assets | $8,094.14MM | $7,513.51MM | $8,567.04MM |
| Operating Cash Flow | $337.51MM | $295.50MM | $283.44MM |
| Investing Cash Flow | $-1.40MM | $52.54MM | $19.79MM |
| Financing Cash Flow | $-321.94MM | $-338.89MM | $-316.05MM |
| Earnings Per Share** | $-0.31 | $-1.27 | $-0.79 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.