Macerich Company (The) Stock News

The economy appears to be slowing down. Inflation and higher interest rates are proving to be a big drag on the economic outlook.

REITs are down bad this year. REIT stocks across nearly all sectors are down by double digits since January.

Macerich's (MAC) success story at the Chandler Fashion Center in suburban Phoenix and Kings Plaza in Brooklyn serves as a testament to its strategic vision and adaptability in the retail real estate i

SANTA MONICA, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Third Quarter 2023 Earnings Release and Conference Call

Macerich has fallen by 70% over the last 5 years on a total return basis on the back of a bearish thesis that is increasingly not playing out. The REIT is comparatively undervalued, trading 45% lower

A robust retail real estate market and focus on omni-channel retailing and developing mixed-use assets will aid Macerich (MAC). However, e-commerce adoption and high interest rates are key woes.

Aided by robust retail demand, Macerich (MAC) witnesses record leasing volume year to date. The company is expected to benefit from its encouraging leasing pipeline in the future.

In trading on Monday, shares of Macerich were yielding above the 6% mark based on its quarterly dividend (annualized to $0.68)

Healthy leasing activity at its premium shopping centers amid robust retailer demand and focus on mixed-use developments are likely to continue driving Macerich's (MAC) stock.

Macerich's (MAC) second-quarter FFO per share misses estimates. However, the top line increased year-over-year.

Although the revenue and EPS for Macerich (MAC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street e

Rising interest rates have negatively impacted REIT valuations. Macerich stock lost more than half its value between late 2021 and late 2022 and continues to trade at a very low FFO multiple.

Investors interested in stocks from the REIT and Equity Trust - Retail sector have probably already heard of Macerich (MAC) and Agree Realty (ADC). But which of these two companies is the best option

Healthy retail demand, focus on mixed-use development and capital-recycling moves bode well for Macerich (MAC). However, rising e-commerce adoption and high interest rates are key woes.

Macerich is currently trading at a 10% discount to its tangible book value per share. First quarter revenue slightly declined by 0.6% compared to the previous year but still beat consensus estimates b