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Macerich Company (DE:M6G)
FRANKFURT:M6G
Holding DE:M6G?
Track your performance easily
M6G Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€9.01 - €17.33
Previous Close€17.33
Volume600.00
Average Volume (3M)224.00
Market Cap
€3.91B
Enterprise Value€8.07B
Total Cash (Recent Filing)$70.69M
Total Debt (Recent Filing)$4.54B
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Nov 06, 2024EPS Estimate
-€0.05Last Dividend Ex-Date
Aug 19, 2024Dividend Yield3.59%
Share Statistics
EPS (TTM)N/A
Shares Outstanding215,991,342
10 Day Avg. Volume60
30 Day Avg. Volume224
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.46
Price to Sales (P/S)4.59
Price to Cash Flow (P/CF)15.00
P/FCF Ratio16.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.16
Enterprise Value/Gross Profit16.49
Enterprise Value/Ebitda76.58
Forecast
1Y Price Target
€14.92Price Target Upside-13.86% Downside
Rating ConsensusHold
Number of Analyst Covering6
Macerich News
PremiumCompany Announcements
Macerich Appoints Diana Laing to Expand Board Membership
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSSNOI ticked higher to +1.4% year over year.
Leasing ProgressPositive leasing progress with 750k sq. ft. signed in 2Q and 1.8 million sq. ft. year to date, with another 2.2 million sq. ft. in the leasing pipeline (80% signed).
Revenue GrowthRecent events have led to adjusted revenue growth for MAC.
Bears Say
Revenue DeclineConsolidated percentage rent significantly dropped to $2.9 million, showing a notable decline in revenue from previous quarters.
Sales PerformanceTenant sales per square foot decreased, indicating weaker sales performance at $835 per square foot compared to previous figures.
Stock RatingThe stock rating remains at Hold, suggesting limited confidence in immediate stock growth potential.
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Options Prices
Currently, No data available
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Ownership Overview
0.81% Insiders
34.53% Mutual Funds
0.29% Other Institutional Investors
29.93% Public Companies and
Individual Investors
M6G FAQ
What was Macerich Company’s price range in the past 12 months?
Macerich Company lowest stock price was €9.01 and its highest was €17.32 in the past 12 months.
What is Macerich Company’s market cap?
Currently, no data Available
When is Macerich Company’s upcoming earnings report date?
Macerich Company’s upcoming earnings report date is Nov 06, 2024 which is in 18 days.
How were Macerich Company’s earnings last quarter?
Macerich Company released its earnings results on Jul 31, 2024. The company reported €1.059 earnings per share for the quarter, beating the consensus estimate of -€0.064 by €1.123.
Is Macerich Company overvalued?
According to Wall Street analysts Macerich Company’s price is currently Overvalued.
Does Macerich Company pay dividends?
Macerich Company pays a Quarterly dividend of €0.16 which represents an annual dividend yield of 3.59%. See more information on Macerich Company dividends here
What is Macerich Company’s EPS estimate?
Macerich Company’s EPS estimate is -€0.05.
How many shares outstanding does Macerich Company have?
Macerich Company has 215,991,350 shares outstanding.
What happened to Macerich Company’s price movement after its last earnings report?
Macerich Company reported an EPS of €1.059 in its last earnings report, beating expectations of -€0.064. Following the earnings report the stock price went up 2.2%.
Which hedge fund is a major shareholder of Macerich Company?
Among the largest hedge funds holding Macerich Company’s share is Fisher Asset Management LLC. It holds Macerich Company’s shares valued at 46M.
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Macerich Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
€14.92 (-13.86% Downside)
€14.92 (-13.86% Downside)
Blogger Sentiment
Bullish
DE:M6G Sentiment 60%
Sector Average 67%
Sector Average 67%
Technicals
SMA
Positive
20 days / 200 days
Momentum
73.91%
12-Months-Change
Fundamentals
Return on Equity
-2.91%
Trailing 12-Months
Asset Growth
-1.48%
Trailing 12-Months
Company Description
Macerich Company
Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. It conducts all of its operations through the operating partnership and the management companies. The company was founded by Mace Siegel, Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.
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M6G Earnings Call
Q2 2024
0:00 / 0:00
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M6G Stock 12 Month Forecast
Average Price Target
€14.92
▼(-13.86% Downside)
Technical Analysis
Best Analysts Covering M6G
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+18.28%
reiterated a buy rating 3 months ago
Copying Floris van Dijkum's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +18.28% per trade.
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