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Macerich Co.

NYS: MAC

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Before the Bell

 --Real time quotes

Jun 4, 2020, 5:22 a.m.

MAC
/zigman2/quotes/203054096/composite

$

8.55

Change

-0.04 -0.47%

Volume

Volume 7,083

Real time quotes

/zigman2/quotes/203054096/composite

Previous close

$ 8.59

$ 8.59

Change

+1.07 +14.23%

Day low

Day high

$7.76

$8.75

Open

52 week low

52 week high

$4.81

$37.30

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

9.88

P/E Ratio (with extraordinary items)

11.12

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
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 Scott W. Kingsmore
Chief Financial Officer
10,000   Acquisition at $6.32 per share. 63,200
03/18/2020 Steven L. Soboroff
Director
2,000   Acquisition at $6.69 per share. 13,380
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
03/11/2020 Dana K. Anderson
5,000   Acquisition at $15 per share. 75,000
03/06/2020 Christopher J. Zecchini
Chief Accounting Officer
4,704   Award at $0 per share. 0
02/24/2020 Dana K. Anderson
10,000   Acquisition at $22.65 per share. 226,500
/news/latest/company/us/mac

MarketWatch News on MAC

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

    6:51 a.m. May 13, 2020

    - Tomi Kilgore

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

    12:20 p.m. April 16, 2020

    - Barron's Online

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

    9:00 a.m. April 5, 2020

    - Barron's Online

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

    7:07 a.m. April 3, 2020

    - Tomi Kilgore

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

    7:01 a.m. March 22, 2020

    - Barron's Online

  6. 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

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

    10:42 p.m. March 8, 2020

    - Barron's Online

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

    10:09 p.m. March 7, 2020

    - Barron's Online

  9. Macerich upgraded to equal weight at Morgan Stanley

    11:23 a.m. March 3, 2020

    - Tomi Kilgore

  10. 2 Mall REITs Are Merging. Why Another One's Stock Is Jumping, Too.

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

    - Barron's Online

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

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

    - Tomi Kilgore

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

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

    - Barron's Online

  13. 3 Losing Sectors That Could Bounce Back in 2020

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

    - Barron's Online

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

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

    - Tomi Kilgore

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

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

    - Tomi Kilgore

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

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

    - Barron's Online

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

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

    - Barron's Online

  18. Real-Estate Stocks Are Taking a Hit From Bond-Market Move

    12:34 p.m. Nov. 7, 2019

    - Barron's Online

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

Other News on MAC

  1. Mall, shopping center REITs climb as consumers re-emerge

    3:26 p.m. June 3, 2020

    - Seeking Alpha

  2. Macerich: If It Looks Like A Falling Knife, Is It?

    12:28 p.m. May 30, 2020

    - Seeking Alpha

  3. Macerich pays dividend with $14.2M cash, 7.8M shares

    7:32 a.m. May 29, 2020

    - Seeking Alpha

  4. Dividend Cuts And Overdue Rent: REIT Earnings Recap

    12:23 p.m. May 28, 2020

    - Seeking Alpha

  5. Only The Lonely Can Play

    4:02 a.m. May 27, 2020

    - Seeking Alpha

  6. Macerich Can Make You Rich Using Naked Puts

    8:55 p.m. May 26, 2020

    - Seeking Alpha

  7. Equity REIT Performance In A Nutshell: Week 21

    7:16 a.m. May 26, 2020

    - Seeking Alpha

  8. Quality Matters: Who's Buying These A-Rated REITs?

    7:00 a.m. May 26, 2020

    - Seeking Alpha

  9. 20 of Macerich's retail properties are fully open

    7:12 a.m. May 19, 2020

    - Seeking Alpha

  10. Shopping center REITs, credit-card stocks rally

    12:50 p.m. May 18, 2020

    - Seeking Alpha

  11. Shopping center REITs, credit-card stocks jump

    12:50 p.m. May 18, 2020

    - Seeking Alpha

  12. 3 Speculative REITs For Your Portfolio

    9:00 a.m. May 18, 2020

    - Seeking Alpha

  13. The State Of REITs: May 2020 Edition

    7:34 a.m. May 18, 2020

    - Seeking Alpha

  14. Whether The The Great Reach For Yield Experiment Has Failed

    7:30 a.m. May 18, 2020

    - Seeking Alpha

  15. REITs Retreat Amid Reopening Resistance

    10:00 a.m. May 16, 2020

    - Seeking Alpha

  16. 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 Announces Results Of Dividend Payable On June 3, 2020

    7:00 a.m. May 29, 2020

    - PR Newswire - PRF

  2. 20 Macerich Properties Now Fully Open

    6:00 a.m. May 19, 2020

    - PR Newswire - PRF

  3. Macerich Announces Quarterly Results

    7:00 a.m. May 12, 2020

    - PR Newswire - PRF

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

    1:58 p.m. April 1, 2020

    - MarketNewsVideo.com

  5. Macerich Provides COVID-19 Update

    7:00 a.m. March 27, 2020

    - PR Newswire - PRF

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

    12:10 p.m. March 16, 2020

    - MarketNewsVideo.com

  7. Groundbreaking Launches The New Caesars Republic Scottsdale Hotel

    5:58 p.m. Feb. 27, 2020

    - PR Newswire - PRF

  8. Fashion District Philadelphia Announces Impactful Opening Results

    7:55 a.m. Feb. 24, 2020

    - PR Newswire - PRF

  9. Friday 2/21 Insider Buying Report: MAC, SGU

    11:32 a.m. Feb. 21, 2020

    - MarketNewsVideo.com

  10. FinTech Startup TheGuarantors Announces New Chief Operating Officer

    11:07 a.m. Feb. 19, 2020

    - PR Newswire - PRF

  11. The U.S. CLEAN Future Could be a Sizable Catalyst for Microgrids

    12:06 p.m. Feb. 11, 2020

    - Financial News Media

  12. The U.S. CLEAN Future Could Be a Sizable Catalyst for Microgrids

    11:45 a.m. Feb. 11, 2020

    - PR Newswire - PRF

  13. Macerich Announces Quarterly Results

    8:00 a.m. Feb. 6, 2020

    - PR Newswire - PRF

  14. Daily Dividend Report: ALE, NATI, DTE, SIRI, MAC

    2:47 p.m. Jan. 31, 2020

    - MarketNewsVideo.com

  15. Macerich Declares The Quarterly Dividend On Its Common Shares

    8:00 a.m. Jan. 31, 2020

    - PR Newswire - PRF

  16. Loading more headlines...
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