How to buy The Macerich Company (MAC) shares in the UK

Learn how to easily invest in The Macerich Company shares.

The Macerich Company
NYSE: MAC - USD
REIT-RETAIL
$17.37
- $0.37 ( - 2.09%)

Real estate investment trust Macerich saw its share price rise in late January as a result of its connection to GameStop and potential for another Reddit-inspired short squeeze.

How to buy shares in The Macerich Company

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: MAC in this case.
  5. Research The Macerich Company shares. The platform should provide the latest information available.
  6. Buy your The Macerich Company shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted The Macerich Company's share price?

Since the stock market crash that started in February 2020, The Macerich Company's share price has had significant negative movement.

Its last market close was $17.37, which is 26.71% down on its pre-crash value of $23.7 and 216.39% up on the lowest point reached during the March 2020 crash when the shares fell as low as $5.49.

If you had bought $1,000 worth of The Macerich Company shares at the start of February 2020, those shares would have been worth $299.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $760.46.

The Macerich Company share price (NYSE:MAC)

Use our graph to track the performance of MAC stocks over time.

The Macerich Company shares at a glance

Information last updated 2021-07-09.
Open$17.49
High$18.01
Low$17.43
Close$17.88
Previous close$17.2
Change$0.68
Change %3.9535%
Volume2,946,328
Information last updated 2021-09-17.
52-week range$6.0894 - $25.1515
50-day moving average$16.6834
200-day moving average$15.3909
Wall St. target price$18.36
Dividend yield$0.6 (3.38%)
Earnings per share (TTM)$-1.741
Promoted
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Invest in The Macerich Company shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
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Fees for buying 50x The Macerich Company shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £2.93
£654.03 total
Capital at risk
eToro Free Stocks logo £0 $50 £3.26
£654.36 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.22
£652.32 total
Capital at risk
Stake logo £0 £50 £3.40
£654.50 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £18.61
£669.71 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £17.90
£669.00 total
Capital at risk
Fineco logo £0 No minimum £6.51
£657.61 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £17.78
£668.88 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy The Macerich Company stock?

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.

The Macerich Company price performance over time

Historical closes compared with the last close of $17.88

1 week (2021-09-09) 3.59%
1 month (2021-08-19) 16.41%
3 months (2021-06-18) 4.26%
6 months (2021-03-19) 37.54%
1 year (2020-09-18) 138.72%
2 years (2019-09-18) -44.66%
3 years (2018-09-18) -68.60%
5 years (2016-09-16) -77.73%

Is The Macerich Company under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

EBITDA

The Macerich Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $404.7 million (£0.0 million).

The EBITDA is a measure of a The Macerich Company's overall financial performance and is widely used to measure a its profitability.

Financials

Revenue TTM $785.8 million
Operating margin TTM 10.66%
Gross profit TTM $411 million
Return on assets TTM 0.59%
Return on equity TTM -10.29%
Profit margin -36.65%
Book value $14.057
Market capitalisation $3.7 billion

TTM: trailing 12 months

How to short and sell The Macerich Company shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "MAC.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 23.7 million The Macerich Company shares held short by investors – that's known as the "short interest". This figure is 8.7% up from 21.8 million last month.

There are a few different ways that this level of interest in shorting The Macerich Company shares can be evaluated.

Short interest ratio (SIR)

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 3.1 million). The Macerich Company's SIR currently stands at 7.55. In other words for every 100,000 The Macerich Company shares traded daily on the market, roughly 7550 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 0.11% of the outstanding shares (for every 100,000 The Macerich Company shares in existence, roughly 110 shares are currently held short) or 0.1161% of the tradable shares (for every 100,000 tradable The Macerich Company shares, roughly 116 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against The Macerich Company.

Find out more about how you can short The Macerich Company stock.

Environmental, social and governance track record

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.

Total ESG risk score

The Macerich Company's 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

The Macerich Company's 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

The Macerich Company's 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

The Macerich Company's 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

The Macerich Company's controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, 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.

Environmental, social, and governance (ESG) summary

The Macerich Company was last rated for ESG on: 2019-01-01.

Total ESG score 12.87
Total ESG percentile 6.18
Environmental score 0.09
Environmental score percentile 2
Social score 5.76
Social score percentile 2
Governance score 6.02
Governance score percentile 2
Level of controversy 1

The Macerich Company share dividends

3.4%

Dividend yield: 3.38% of stock value

3.4%

Forward annual dividend yield: 3.38% of stock value

29.5%

Dividend payout ratio: 29.45% of net profits

The Macerich Company has recently paid out dividends equivalent to 3.38% of its share value annually.

The Macerich Company has paid out, on average, around 29.45% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 3.38% 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.

While The Macerich Company's payout ratio might seem fairly standard, it's worth remembering that it may be investing much of the rest of its net profits in future growth.

The Macerich Company's most recent dividend payout was on 8 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 August 2021 (the "ex-dividend date").

Have The Macerich Company's shares ever split?

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.

Share price volatility

Over the last 12 months, The Macerich Company's shares have ranged in value from as little as $6.0894 up to $25.1515. A popular way to gauge a stock's volatility is its "beta".

MAC.US volatility(beta: 2.04)Avg. volatility(beta: 1.00)LowHigh

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 2.0426. This would suggest that The Macerich Company's shares are significantly more volatile than the average for this exchange and represent a higher risk.

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