The Macerich Company (MAC)

Last Closing Price: 16.19 (2025-05-29)

Company Description

The Macerich Company is a retail real estate investment trust (REIT) that owns, acquires, leases, manages, develops, and redevelops regional and community shopping centers in high barrier-to-entry markets. Macerich primarily focuses on the attractive, densely populated markets of the United States. It has notable presence in the West Coast, Arizona, and the Metro New York to Washington, DC corridor. Macerich is engaged in some significant joint venture (JV) with Hudson Pacific Properties, Simon Property Group and with an affiliate of RED Development.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $918.20M
Net Income (Most Recent Fiscal Year) $-194.12M
PE Ratio (Current Year Earnings Estimate) 10.93
PE Ratio (Trailing 12 Months) 9.99
PEG Ratio (Long Term Growth Estimate) 5.23
Price to Sales Ratio (Trailing 12 Months) 4.27
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.49
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 29.38
Pre-Tax Margin (Trailing 12 Months) -18.71%
Net Margin (Trailing 12 Months) -12.26%
Return on Equity (Trailing 12 Months) -4.37%
Return on Assets (Trailing 12 Months) -1.44%
Current Ratio (Most Recent Fiscal Quarter) 1.09
Quick Ratio (Most Recent Fiscal Quarter) 1.09
Debt to Common Equity (Most Recent Fiscal Quarter) 1.91
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $10.86
Earnings per Share (Most Recent Fiscal Quarter) $0.33
Earnings per Share (Most Recent Fiscal Year) $1.56
Diluted Earnings per Share (Trailing 12 Months) $-0.43
Stock
Exchange NYSE
Sector Real Estate
Industry REIT - Retail
Common Shares Outstanding 252.65M
Free Float 252.04M
Market Capitalization $4.09B
Average Volume (Last 20 Days) 1.70M
Beta (Past 60 Months) 2.13
Percentage Held By Insiders (Latest Annual Proxy Report) 0.24%
Percentage Held By Institutions (Latest 13F Reports) 87.38%
Annual Dividend (Based on Last Quarter) $0.68
Dividend Yield (Based on Last Quarter) 4.20%