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The Macerich Company is a reit-retail business based in the US. The Macerich Company shares (MAC) are listed on the NYSE and all prices are listed in US Dollars. The Macerich Company employs 723 staff and has a trailing 12-month revenue of around USD$830.8 million.
|Latest market close||USD$10.67|
|52-week range||USD$4.252 - USD$23.0847|
|50-day moving average||USD$10.4541|
|200-day moving average||USD$8.4814|
|Wall St. target price||USD$12.88|
|Dividend yield||USD$0.6 (5.64%)|
|Earnings per share (TTM)||USD$0.383|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-13)||-16.71%|
|1 month (2020-12-18)||1.52%|
|3 months (2020-10-20)||49.23%|
|6 months (2020-07-20)||36.79%|
|1 year (2020-01-17)||-58.58%|
|2 years (2019-01-18)||-76.94%|
|3 years (2018-01-19)||63.75|
|5 years (2016-01-20)||75.25|
Valuing The Macerich Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The Macerich Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
The Macerich Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, The Macerich Company shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
The Macerich Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$470 million.
The EBITDA is a measure of a The Macerich Company's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$830.8 million|
|Operating margin TTM||15.28%|
|Gross profit TTM||USD$608.5 million|
|Return on assets TTM||0.88%|
|Return on equity TTM||-0.39%|
|Market capitalisation||USD$1.6 billion|
TTM: trailing 12 months
There are currently 80.7 million The Macerich Company shares held short by investors – that's known as The Macerich Company's "short interest". This figure is 11.4% up from 72.4 million last month.
There are a few different ways that this level of interest in shorting The Macerich Company shares can be evaluated.
The Macerich Company's "short interest ratio" (SIR) is the quantity of The Macerich Company shares currently shorted divided by the average quantity of The Macerich Company shares traded daily (recently around 7.7 million). The Macerich Company's SIR currently stands at 10.5. In other words for every 100,000 The Macerich Company shares traded daily on the market, roughly 10500 shares are currently held short.
However The Macerich Company's short interest can also be evaluated against the total number of The Macerich Company shares, or, against the total number of tradable The Macerich Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case The Macerich Company's short interest could be expressed as 0.54% of the outstanding shares (for every 100,000 The Macerich Company shares in existence, roughly 540 shares are currently held short) or 0.8816% of the tradable shares (for every 100,000 tradable The Macerich Company shares, roughly 882 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against The Macerich Company.
Find out more about how you can short The Macerich Company stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like The Macerich Company.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 12.87
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and The Macerich Company's overall score of 12.87 (as at 01/01/2019) is excellent – landing it in it in the 6th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like The Macerich Company is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 0.09/100
The Macerich Company's environmental score of 0.09 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that The Macerich Company is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 5.76/100
The Macerich Company's social score of 5.76 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that The Macerich Company is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 6.02/100
The Macerich Company's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that The Macerich Company is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. The Macerich Company scored a 1 out of 5 for controversy – the highest score possible, reflecting that The Macerich Company has managed to keep its nose clean.
|Total ESG score||12.87|
|Total ESG percentile||6.18|
|Environmental score percentile||2|
|Social score percentile||2|
|Governance score percentile||2|
|Level of controversy||1|
Dividend payout ratio: 56.83% of net profits
Recently The Macerich Company has paid out, on average, around 56.83% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.64% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), The Macerich Company shareholders could enjoy a 5.64% return on their shares, in the form of dividend payments. In The Macerich Company's case, that would currently equate to about $0.6 per share.
The Macerich Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The Macerich Company's most recent dividend payout was on 3 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 November 2020 (the "ex-dividend date").
The Macerich Company's shares were split on a 1014:1000 basis on 11 February 2010. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1014 shares. This wouldn't directly have changed the overall worth of your The Macerich Company shares – just the quantity. However, indirectly, the new 1.4% lower share price could have impacted the market appetite for The Macerich Company shares which in turn could have impacted The Macerich Company's share price.
Over the last 12 months, The Macerich Company's shares have ranged in value from as little as $4.252 up to $23.0847. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while The Macerich Company's is 2.0231. This would suggest that The Macerich Company's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 ? 2019).
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