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Macerich Co.

NYS: MAC

GO
/marketstate/country/us

After Hours

 --Quotes are delayed by 20 min

Jul 14, 2020, 7:59 p.m.

MAC
/zigman2/quotes/203054096/composite

$

8.79

Change

+0.41 +4.89%

Volume

Volume 174,511

Quotes are delayed by 20 min

/zigman2/quotes/203054096/composite

Today's close

$ 8.57

$ 8.38

Change

-0.19 -2.22%

Day low

Day high

$8.23

$8.80

Open

52 week low

52 week high

$4.81

$34.13

Open

Company Description

Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. It conducts all of its operations through the operating partnershi...

Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. It conducts all of its operations through the operating partnership and the management companies. The company was founded by Mace Siegel, Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.

Valuation

P/E Current

11.26

P/E Ratio (with extraordinary items)

12.68

P/E Ratio (without extraordinary items)

35.38

Price to Sales Ratio

4.13

Price to Book Ratio

1.45

Price to Cash Flow Ratio

6.12

Enterprise Value to EBITDA

15.48

Enterprise Value to Sales

10.30

Total Debt to Enterprise Value

0.59

Efficiency

Revenue/Employee

1,249,844.00

Income Per Employee

145,915.00

Receivables Turnover

6.66

Total Asset Turnover

0.10

Profitability

Gross Margin

24.92

Operating Margin

8.90

Pretax Margin

12.60

Net Margin

11.67

Return on Assets

1.20

Return on Equity

3.85

Return on Total Capital

0.97

Return on Invested Capital

1.43

Capital Structure

Total Debt to Total Equity

212.67

Total Debt to Total Capital

68.02

Total Debt to Total Assets

63.23

Long-Term Debt to Equity

185.05

Long-Term Debt to Total Capital

59.18

Officers and Executives

Name Age Officer Since Title
Mr. Edward C. Coppola 64 - President, Chief Investment Officer & SEVP
Mr. Thomas E. O'Hern 63 1993 Chief Executive Officer & Director
Ms. Olivia Bartel Leigh - - Senior VP-Portfolio Operations & People
Mr. Scott W. Kingsmore - 1996 CFO, Treasurer & Executive Vice President
Mr. J. P. Jones - 2002 Chief Information Officer & Senior VP-IT

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
06/18/2020 Andrea Mary Stephen
Director
14,531   Award at $0 per share. 0
06/18/2020 Steven Robert Hash
Director
21,259   Award at $0 per share. 0
06/18/2020 Diana M. Laing
Director
14,531   Award at $0 per share. 0
06/18/2020 John H. Alschuler
Director
14,531   Award at $0 per share. 0
06/18/2020 Steven L. Soboroff
Director
14,531   Award at $0 per share. 0
06/18/2020 Daniel J. Hirsch
Director
14,531   Award at $0 per share. 0
06/18/2020 Peggy Abkemeier-Alford
Director
14,531   Award at $0 per share. 0
06/18/2020 Eric K. Brandt
Director
14,531   Award at $0 per share. 0
06/03/2020 Ontario Teachers' Pension Plan Board
1,276,727   9,320,107
06/01/2020 Dana K. Anderson
149   Derivative/Non-derivative trans. at $7.14 per share. 1,063
06/01/2020 Dana K. Anderson
2,860   Award at $6.07 per share. 17,360
03/31/2020 Edward C. Coppola
President; Director
5,000   Acquisition at $5.53 per share. 27,650
03/31/2020 Edward C. Coppola
President; Director
25,000   Acquisition at $5.58 per share. 139,500
03/30/2020 Dana K. Anderson
10,000   Acquisition at $5.97 per share. 59,700
03/30/2020 Douglas J. Healey
EVP, Leasing
10,000   Acquisition at $5.85 per share. 58,500
03/27/2020 Edward C. Coppola
President; Director
15,000   Acquisition at $6.03 per share. 90,450
03/27/2020 Edward C. Coppola
President; Director
25,000   Acquisition at $6.15 per share. 153,750
03/27/2020 Thomas E. O'Hern
Chief Executive Officer; Director
20,000   Acquisition at $6.13 per share. 122,600
03/20/2020 Kenneth Volk
EVP, Business Development
10,000   Acquisition at $7.98 per share. 79,800
03/18/2020 Edward C. Coppola
President; Director
9,948   Acquisition at $6.28 per share. 62,473
03/18/2020 Steven L. Soboroff
Director
2,000   Acquisition at $6.69 per share. 13,380
03/18/2020 Scott W. Kingsmore
Chief Financial Officer
10,000   Acquisition at $6.32 per share. 63,200
03/18/2020 Ann C. Menard
Chief Legal Officer/Secretary
10,000   Acquisition at $6.95 per share. 69,500
03/16/2020 Edward C. Coppola
President; Director
10,000   Acquisition at $9.83 per share. 98,300
03/16/2020 Thomas E. O'Hern
Chief Executive Officer; Director
25,000   Acquisition at $9.95 per share. 248,750
03/12/2020 Douglas J. Healey
EVP, Leasing
10,000   Acquisition at $13.55 per share. 135,500
/news/latest/company/us/mac

MarketWatch News on MAC

  1. Macerich stock price target cut to $11 from $30 at J.P. Morgan

    6:46 a.m. June 18, 2020

    - Tomi Kilgore

  2. Here’s Why a Mall Owner Might Want to Buy J.C. Penney

    11:07 a.m. June 17, 2020

    - Barron's Online

  3. Macerich stock price target cut to $16 from $34 at Deutsche Bank

    6:51 a.m. May 13, 2020

    - Tomi Kilgore

  4. Mall Rents Go Unpaid. It’s Bad News for REIT Dividends.

    12:20 p.m. April 16, 2020

    - Barron's Online

  5. REIT Investors Can Expect Dividends to Be Paid Mostly in Stock

    9:00 a.m. April 5, 2020

    - Barron's Online

  6. Macerich stock price target cut to $4 from $21 at KeyBanc Capital

    7:07 a.m. April 3, 2020

    - Tomi Kilgore

  7. REIT Shares Have Plunged, but Insiders Bought Up These 4 Stocks

    7:01 a.m. March 22, 2020

    - Barron's Online

  8. Macerich cuts dividend to 50 cents a share, to be paid 20% in cash and 80% in stock

    7:16 a.m. March 16, 2020

    - Ciara Linnane

  9. Stocks Finish the Week Higher. The Pain Isn’t Over.

    10:42 p.m. March 8, 2020

    - Barron's Online

  10. Beware the Big Price Tag for a Mall REIT With Roots in Sears

    10:09 p.m. March 7, 2020

    - Barron's Online

  11. Macerich upgraded to equal weight at Morgan Stanley

    11:23 a.m. March 3, 2020

    - Tomi Kilgore

  12. 2 Mall REITs Are Merging. Why Another One's Stock Is Jumping, Too.

    4:39 p.m. Feb. 10, 2020

    - Barron's Online

  13. Macerich stock price target cut to $35 from $48 at Deutsche Bank

    8:46 a.m. Jan. 6, 2020

    - Tomi Kilgore

  14. Three Neglected Parts of the Stock Market That Could Win in 2020

    3:07 p.m. Dec. 31, 2019

    - Barron's Online

  15. 3 Losing Sectors That Could Bounce Back in 2020

    7:01 a.m. Dec. 27, 2019

    - Barron's Online

  16. Macerich upgraded to neutral from underweight at J.P. Morgan

    8:58 a.m. Dec. 18, 2019

    - Tomi Kilgore

  17. Macerich downgraded to underweight from sector weight at KeyBanc Capital

    1:23 p.m. Dec. 17, 2019

    - Tomi Kilgore

  18. Podcast: AMD Stock Has Soared 99% in 2019

    6:07 a.m. Nov. 13, 2019

    - Barron's Online

  19. Not Every Mall Is Dying. Two Value Funds Are Betting on It.

    7:00 a.m. Nov. 12, 2019

    - Barron's Online

  20. Loading more headlines...
/news/nonmarketwatch/company/us/mac

Other News on MAC

  1. John Harrison as Comstock's SVP/Development

    4:13 p.m. Today

    - Seeking Alpha

  2. I Am Buying These Investments During This Correction

    8:25 a.m. Today

    - Seeking Alpha

  3. Mall tenant rent payments pick up in June, Odeon Capital says

    3:36 p.m. July 13, 2020

    - Seeking Alpha

  4. Important Warning To All REIT Investors

    11:30 a.m. July 13, 2020

    - Seeking Alpha

  5. Despite Its 75% Plunge, Macerich Is Still Highly Risky

    10:35 a.m. July 10, 2020

    - Seeking Alpha

  6. We Are Buying The REIT Armageddon

    8:25 a.m. July 9, 2020

    - Seeking Alpha

  7. When To Eat A Loss

    12:23 a.m. July 9, 2020

    - Seeking Alpha

  8. The State Of REITs: July 2020 Edition

    2:01 p.m. July 8, 2020

    - Seeking Alpha

  9. June 2020 Portfolio Update - Continuing Investments

    10:04 a.m. July 6, 2020

    - Seeking Alpha

  10. For And Against Undervalued REITs

    8:25 a.m. July 2, 2020

    - Seeking Alpha

  11. For And Against Speculative REITs

    8:35 a.m. July 1, 2020

    - Seeking Alpha

  12. Strong Traffic Registered At Malls And Outlet Centers

    8:05 a.m. July 1, 2020

    - Seeking Alpha

  13. Further Consolidation In Mall REITs Looks Inevitable

    8:59 a.m. June 29, 2020

    - Seeking Alpha

  14. Great News For REIT Investors

    9:00 a.m. June 25, 2020

    - Seeking Alpha

  15. Loading more headlines...

At a Glance

Macerich Co.

401 Wilshire Boulevard

Suite 700

Santa Monica, California 90401-1452

Phone

1 3103946000

Industry

Retail REITs

Sector

Real Estate/Construction

Fiscal Year-end

12/2020

Revenue

$921.14M

Net Income

$107.54M

Employees

737.00

/news/pressrelease/company/us/mac

Press Releases on MAC

  1. Macerich Schedules Second Quarter 2020 Earnings Release And Conference Call

    4:30 p.m. Today

    - PR Newswire - PRF

  2. Comstock Appoints John Harrison as SVP/Development

    4:00 p.m. Today

    - GlobeNewswire

  3. Comstock Appoints John Harrison as SVP/Development

    4:00 p.m. Today

    - GlobeNewswire

  4. Thursday's ETF Movers: TAN, EZM

    12:03 p.m. June 18, 2020

    - MarketNewsVideo.com

  5. Macerich Retail Properties Now Open Nationwide

    6:00 a.m. June 18, 2020

    - PR Newswire - PRF

  6. Macerich Announces Results Of Dividend Payable On June 3, 2020

    7:00 a.m. May 29, 2020

    - PR Newswire - PRF

  7. 20 Macerich Properties Now Fully Open

    6:00 a.m. May 19, 2020

    - PR Newswire - PRF

  8. Macerich Announces Quarterly Results

    7:00 a.m. May 12, 2020

    - PR Newswire - PRF

  9. Wednesday 4/1 Insider Buying Report: MAC, CBRL

    1:58 p.m. April 1, 2020

    - MarketNewsVideo.com

  10. Macerich Provides COVID-19 Update

    7:00 a.m. March 27, 2020

    - PR Newswire - PRF

  11. Daily Dividend Report: MAC,BXMT,ROP,LXP,RL

    12:10 p.m. March 16, 2020

    - MarketNewsVideo.com

  12. Loading more headlines...
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