The Macerich CompanyMAC

$23.63+0.63 (+2.74%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$6B
Mid-cap
-54%
2016 — today
10-Year Price
-73%
2016 — today
52-Week Range
$15.82$25.45
Current $23.63· 81%

Macerich operates as a comprehensive, self-managed real estate investment trust (REIT) that independently oversees all aspects of its operations. Its core focus is on the acquisition, leasing, management, development, and revitalization of regional shopping malls throughout the United States. The company currently holds interests in 47 regional retail complexes, representing a total portfolio of 51 million square feet of real estate. Macerich specializes in high-performing retail properties located within America's most sought-after and populous markets, boasting a significant footprint particularly across the West Coast, Arizona, Chicago, and the corridor extending from Metropolitan New York to Washington, D.C. A consistent leader in environmental sustainability, Macerich earned the top GRESB ranking in the North American Retail Sector for an impressive five consecutive years, from 2015 to 2019.

Valuation in context

P/E ratio
-33.3
N/A
Not meaningful — company is unprofitable
P/B ratio
2.4
Near historic high
Near historic highs — last 10 years
EV / EBITDA
28.0
Historically pricey
Historically pricey — last 10 years
Dividend Yield
2.9%
Near historic low
Near historic low — last 10 years
FCF Yield
4.8%
Below average
Below the 10-year average
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