Macerich has been pummeled in the current bear market. Click here to see why I think the market is overreacting and there is upside potential in MAC.
It’s been a tumultous couple of years of real estate stocks. The pandemic caused unprecedented changes in people’s daily lives and working habits. Some categories of real estate investment trusts (REITs) benefitted from these adjustments. Sub-sectors such as data centers and industrial warehouses enjoyed a surge in demand during the pandemic period. Many categories of real estate, however, did not fare so well. One category that has taken a great deal of heat is malls and shopping centers. The past two years have seen a tremendous move toward e-commerce instead of brick and mortar retail. Offices are another category of real estate stocks facing problems. Workers are returning to the office little by little. But telecommuting is here to stay for many roles, and still more firms are adopting hybrid work models that require less-expensive office space. Office REITs are struggling to adapt to this change. It’s not just offices and shopping mall real estate stocks that are struggling, either.
Macerich Company (The) with ticker code (MAC) now have 12 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 20 and 8 with the average target price sitting at 12. Given that the stocks previous close was at 9.26 this would imply there is a potential upside of 29.6%. There is a 50 day moving average of 9.99 and the 200 day MA is 13.78. The market cap for the company is $2,136m. Find out more information at: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,768m based on the market concensus. 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.
SANTA MONICA, Calif., Sept. 7, 2022 /PRNewswire/ -- Macerich® (NYSE: MAC), today announced that Tom O''Hern, Chief Executive Officer and Director, Scott Kingsmore, Senior Executive Vice President and Chief Financial Officer, and Doug Healey, Senior Executive Vice President Leasing will…
As of Wednesday, The Macerich Company’s (NYSE:MAC) stock closed at $9.57, down from $9.75 the previous day. While The Macerich Company has underperformed by -1.85%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MAC fell by -43.97%, with highs and lows ranging from $22.88 to $8.42, […]
Macerich Company (The) with ticker code (MAC) have now 12 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 20 and 8 calculating the mean target price we have 12. With the stocks previous close at 9.75 this would imply there is a potential upside of 23.1%. There is a 50 day moving average of 9.98 and the 200 day moving average is 13.96. The company has a market capitalisation of $2,138m. Find out more information at: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,632m based on the market concensus. 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.
They say there are three rules in real estate: location, location, location. Macerich owns arguably the highest quality portfolio in the Retail REITs industry.
Macerich Company (The) found using ticker (MAC) now have 11 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 20 and 8 calculating the mean target price we have 11.91. Now with the previous closing price of 10.08 this would imply there is a potential upside of 18.2%. There is a 50 day moving average of 9.9 while the 200 day moving average is 14.24. The company has a market cap of $2,252m. Visit the company website at: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,661m based on the market concensus. 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.
https://www.investing.com/news/pro/the-macerich-company-pt-lowered-to-13-at-truist-securities-432SI-2873627
We are surprised that Macerich shares continue to trade at an incredibly low valuation despite clear signs of recovery. See how MAC stock can go a lot higher.
Macerich Company (The) found using ticker (MAC) have now 11 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 20 and 8 with the average target price sitting at 11.86. Now with the previous closing price of 10.58 this would imply there is a potential upside of 12.1%. The 50 day moving average now sits at 9.93 and the 200 moving average now moves to 14.68. The company has a market capitalisation of $2,467m. Company Website: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,765m based on the market concensus. 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.
Envestnet Asset Management Inc. grew its holdings in shares of The Macerich Company by 20.4% during the 1st quarter, according to its most recent 13F filing with the Securities…
https://www.investing.com/news/pro/the-macerich-company-pt-raised-to-169-at-stifel-432SI-2867268
Macerich Company (The) with ticker code (MAC) now have 11 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 20 and 8 calculating the mean target price we have 11.86. Now with the previous closing price of 10.08 this indicates there is a potential upside of 17.7%. The 50 day moving average now sits at 10.03 and the 200 day moving average is 14.87. The company has a market cap of $2,307m. You can visit the company''s website by visiting: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,714m based on the market concensus. 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.
High inflation and rising interest rates don''t seem to be hurting Macerich.
MAC earnings call for the period ending June 30, 2022.
The Macerich Company (NYSE:NYSE:MAC) Q2 2022 Earnings Conference Call July 28, 2022 01:00 PM ET Company Participants Samantha Greening - Director of Investor Relations Tom O''Hern - Chief…
Macerich stock is down ~45% year-to-date despite the REIT posting strong results. See why MAC dropped and why that might present an investment opportunity.
WASHINGTON (dpa-AFX) - Macerich Co. (MAC) revealed Loss for its second quarter that increased from the same period last year and missed the Street estimates.The company''s earnings totaled -$15.38 …
Macerich (MAC) Q2 earnings exceeded the Wall Street consensus but its revenue missed on Thursday as re-leasing spreads narrowed from the prior quarter, and its growth in same-center…
Macerich Company (The) with ticker code (MAC) have now 11 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 20 and 8 with a mean TP of 12.73. Given that the stocks previous close was at 10.05 this would imply there is a potential upside of 26.7%. There is a 50 day moving average of 10.47 and the 200 moving average now moves to 15.22. The market capitalisation for the company is $2,300m. Visit the company website at: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,913m based on the market concensus. 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 Company (The) found using ticker (MAC) now have 11 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 23 and 8 calculating the mean target price we have 13.64. Given that the stocks previous close was at 9.08 this would indicate that there is a potential upside of 50.2%. The day 50 moving average is 10.83 and the 200 day MA is 15.42. The market capitalisation for the company is $2,030m. Company Website: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,050m based on the market concensus. 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.
Simon Property & Macerich have both had a rough H1 2022 and both REITs are cheap today. So, why would I rather own SPG stock today? Click here to find out.
Crossover investor giant Coatue has significantly cut down on funding deals as the venture sector continues to see a pullback after a record-shattering 2021.
The safe route is to buy Macerich shares, collect the generous dividends and reap the rewards when valuations revert back to normal….MAC
Macerich (MAC) gained 1.5% in after hours trade last Friday after the company reported that the President Edward Coppola buys 60,000 common shares at an average price of $8.75 per…
SANTA MONICA, Calif. , June 30, 2022 /PRNewswire/ -- WHAT : Macerich (NYSE: MAC ) Schedules Second Quarter 2022 Earnings Release WHEN: Earnings Results will … Full story available on Benzinga.com
Macerich Company (The) with ticker code (MAC) have now 13 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 27 and 10 and has a mean target at 15.98. Now with the previous closing price of 11.48 this now indicates there is a potential upside of 39.2%. The day 50 moving average is 13.16 and the 200 day moving average is 16.34. The market cap for the company is $2,547m. Visit the company website at: https://www.macerich.com [stock_market_widget type="chart" template="basic" color="green" assets="MAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,545m based on the market concensus. 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.
Good things sometimes come in small packages. These seven cheap stocks under $20 all have the potential to double soon. However, for that to happen, the economy has to cooperate. So, inflation must go, or at the very least, moderate a little. To select the seven names on my list, I gathered a diversified group of stocks that are down on their luck, but not out of the game entirely. Further, they’re covered by at least five analysts, are a part of the S&P 1500 , have a projected price/earnings-to-growth (PEG) ratio over the next 12 months of less than 2, and generate annual free cash flow of at least $100 million. 7 Cheap Growth Stocks That Won''t Stay That Way for Long My screening criteria produced 23 names. These seven are the stocks I think can deliver for investors over the remainder of 2022: Ticker Company Price SSP The E.W. Scripps Company $15.26 COTY Coty Inc. $7.21 AEO American Eagle Outfitters, Inc. $12.19 MD Mednax, Inc. $20.10 KAR KAR Auction Services, Inc. $16.73 VIAV Viavi Solutions Inc. $14.82 MAC The Macerich Company $11.12 Cheap Stocks Under $20: E.W.
There are just better options out there in the mall space, even though this high-end mall landlord survived the industry shake-out.
Monday''s top analyst upgrades and downgrades included Applied Materials, Autodesk, Bath & Body Works, BJ’s Wholesale Club, Cenovus Energy, Corning, Doximity, HP, Intercontinental Exchange, Macerich, Matador Resources, Palo Alto Networks, Ross Stores, Suncor Energy and Walmart.
Companies Reporting Before The Bell • Atlantica Sustainable (NASDAQ: AY ) is likely to report quarterly loss at $0.08 per share on revenue of $277.90 million. • NAPCO Security (NASDAQ: NSSC ) is estimated to report quarterly earnings at $0.07 per share on revenue of $34.66 million. • GEO Group (NYSE: GEO ) is projected to report quarterly earnings at $0.10 per share on revenue of $39.26 million. • Madison Square Garden (NYSE: MSGE ) is expected to report quarterly earnings at $0.04 per share on revenue of $441.64 million. • Mersana Therapeutics (NASDAQ: MRSN ) is likely to report quarterly loss at $0.32 per share on revenue of $8.14 million. • Alimera Sciences (NASDAQ: ALIM ) is estimated to report quarterly loss at $0.69 per share on revenue of $12.90 million. • Eagle Pharmaceuticals (NASDAQ: EGRX ) is expected to report quarterly earnings at $3.88 per share on revenue of $123.33 million. • Lordstown Motors (NASDAQ: RIDE ) is projected to report earnings for its first quarter. • Tegna (NYSE: TGNA ) is expected to report quarterly earnings at $0.
The Hourly View for MAC At the time of this writing, MAC ''s price is down $-0.16 from the hour prior. It''s been a feast for bears operating on an hourly timeframe, as MAC has
This is a reversal of the price action on the previous day, in which price moved up. The post Macerich Co (MAC): Price Down $-0.75 (-4.01)% Over Past Day, Down $-0.16 (-0.89)% Over Past Hour appeared first on ETF Daily News .
State-owned China Communications Construction Co. Ltd. (CCCC) has again expressed its interest in developing the Sangley Point International Airport (SPIA) project in Cavite after earlier losing the airport deal which was awarded to the company and its local partner MacroAsia Corp.
Many of the REIT''s malls will emerge from the pandemic with an updated mix of anchor tenants.
Concept plans for partial redevelopment of the FlatIron Crossing shopping center call for demolition of much of the southwestern part of the complex and the construction of up to 60,000 square feet of new commercial space, up to 800 multifamily units, office space and a hotel.
MACERICH CO
Coupa Software Incorporated (COUP) with the stream of -5.64% also noticed, India The Macerich Company (MAC) encountered a rapid change of 3.33% in the last hour of Tuesdays trading session. The post Hair-raising Facts to Know: Coupa Software Incorporated (NASDAQ:COUP), The Macerich Company (NYSE:MAC) appeared first on Stocks Equity .
Related Stocks: MAC ,
Macerich Company (The) found using ticker (MAC) now have 14 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 18 and 10 and has a mean target at 12.93. Now with the previous closing price of 16.64 this indicates there is a potential downside of -22.3%. The day 50 moving average is 13.93 and the 200 day MA is 12.8. The company has a market capitalisation of $3,748m. Visit the company website at: /> [stock_market_widget type="chart" symbol="MAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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.
SANTA MONICA, Calif. , June 2, 2021 /PRNewswire/ -- Macerich (NYSE: MAC ), one of the nation''s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today issued the Company''s Corporate Responsibility Report with data for the period ending December 31, 2020 . Full story available on Benzinga.com
Macerich Company (The) found using ticker (MAC) have now 14 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 18 and 10 and has a mean target at 12.79. With the stocks previous close at 14.96 this now indicates there is a potential downside of -14.5%. The 50 day MA is 13.44 while the 200 day moving average is 12.56. The market capitalisation for the company is $3,255m. Company Website: /> [stock_market_widget type="chart" symbol="MAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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.
Macerich Company (The) found using ticker (MAC) have now 14 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 18 and 10 and has a mean target at 12.79. Now with the previous closing price of 14.53 this indicates there is a potential downside of -12.0%. The 50 day MA is 13.09 while the 200 day moving average is 12.29. The company has a market capitalisation of $2,980m. Find out more information at: /> [stock_market_widget type="chart" symbol="MAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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.
-Anchor Replacement: New SCHEELS Set for Former Nordstrom Location- SANTA MONICA, Calif. , May 20, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation''s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, and SCHEELS, one of the
Morgan Stanley Stick to Their Sell Rating for Macerich Company
The trading price of The Macerich Company (NYSE:MAC) closed higher on Monday, May 17, closing at $14.01, 2.14% higher than its previous close. Get the hottest stocks to trade every day before the market opens 100% free. Click here now. Traders who pay close attention to intraday price movement should know that it fluctuated between The Macerich Company (NYSE:MAC)s Stock Price Continues to Rise Read More »
Of note is that the 50 hour changed directions on mac; it is now pointing up. The post Macerich Co (MAC): Price Up $0.69 (5.3)% Over Past Day, Down $0 (0)% Over Past Hour appeared first on ETF Daily News .
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