Macerich Stock Analysis

MAC
 Stock
  

USD 12.46  0.22  1.74%   

The current price rise of Macerich Company may encourage investors to take a closer look at the firm as it is trading at a share price of 12.46 on 1,418,734 in trading volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in January. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.27. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Macerich partners.
Additionally, see Correlation Analysis.
  
The Macerich stock analysis report makes it easy to digest most publicly released information about Macerich and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Macerich Stock analysis module also helps to analyze the Macerich price relationship with some important fundamental indicators such as market cap and management efficiency.

Macerich Stock Analysis Notes

About 84.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Macerich last dividend was issued on the 8th of November 2022. The entity had 1014:1000 split on the 11th of February 2010. 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. A recognized leader in sustainability, Macerich has achieved the 1 GRESB ranking in the North American Retail Sector for five straight years . Macerich operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 6 people. To find out more about Macerich Company contact Thomas CPA at 310-394-6000 or learn more at https://www.macerich.com.

Macerich Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Macerich's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Macerich Company or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Macerich has very high historical volatility over the last 90 days
The company has 4.53 B in debt with debt to equity (D/E) ratio of 1.53, which is OK given its current industry classification. Macerich has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Macerich until it has trouble settling it off, either with new capital or with free cash flow. So, Macerich's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Macerich sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Macerich to invest in growth at high rates of return. When we think about Macerich's use of debt, we should always consider it together with cash and equity.
Macerich has a poor financial position based on the latest SEC disclosures
Over 84.0% of Macerich shares are owned by institutional investors
On 2nd of December 2022 Macerich paid $ 0.17 per share dividend to its current shareholders
Latest headline from news.google.com: Deutsche Bank Adjusts Macerich Company Price Target to 16 From 13, Maintains Buy Rating - Marketscreener.com

Macerich Upcoming and Recent Events

Earnings reports are used by Macerich to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Macerich previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report10th of February 2022
Next Financial Report10th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Macerich SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Macerich prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Macerich investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Macerich specific information freely available to individual and institutional investors to make a timely investment decision.
28th of July 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
2nd of June 2022
Submission of Matters to a Vote of Security Holders
View
9th of May 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View

Macerich Thematic Classifications

In addition to having Macerich stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Top FinTech
A collection of large financial service, investment, and banking companies

Macerich Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Macerich's market, we take the total number of its shares issued and multiply it by Macerich's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Macerich Profitablity

Macerich's profitability indicators refer to fundamental financial ratios that showcase Macerich's ability to generate income relative to its revenue or operating costs. If, let's say, Macerich is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Macerich's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Macerich's profitability requires more research than a typical breakdown of Macerich's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (0.1) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2022
Return on Investment 1.58  2.20 
Return on Average Assets 0.16  0.16 
Return on Average Equity 0.54  0.55 
Return on Invested Capital 0.016  0.0225 
Return on Sales 0.25  0.33 

Management Efficiency

Macerich Return on Investment is projected to slightly decrease based on the last few years of reporting. The past year's Return on Investment was at 1.58. The current year Return on Average Equity is expected to grow to 0.55, whereas Return on Average Assets are forecasted to decline to 0.16. Macerich Total Assets are projected to decrease significantly based on the last few years of reporting. The past year's Total Assets were at 8.35 Billion. The current year Revenue to Assets is expected to grow to 0.11, whereas Current Assets are forecasted to decline to about 340.3 M. Macerich management efficiency ratios could be used to measure how well macerich manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2022
Book Value per Share 15.38  18.12 
Enterprise Value over EBIT 39.00  42.08 
Enterprise Value over EBITDA 15.35  18.48 
Price to Book Value 1.21  1.50 
Tangible Assets Book Value per Share 42.13  49.92 
Enterprise Value8.3 B9.6 B
Tangible Asset Value8.3 B8.4 B
Long Term Debt Total
4.5 B
Non Current Liabilities Total
4.7 B
Forward Dividend Yield
0.0536
Short Long Term Debt Total
4.6 B
Forward Dividend Rate
0.68
Interest Expense
192.7 M

Technical Drivers

As of the 9th of December, Macerich secures the Risk Adjusted Performance of 0.237, downside deviation of 2.83, and Mean Deviation of 2.31. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Macerich, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Macerich, which can be compared to its peers in the industry. Please verify Macerich coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Macerich Company is priced some-what accurately, providing market reflects its recent price of 12.46 per share. Given that Macerich has jensen alpha of 0.4023, we recommend you to check Macerich's last-minute market performance to make sure the company can sustain itself at a future point.

Macerich Price Movement Analysis

Study
The minimum time period for execution of this function requires larger time horizon. Please increase the time horizon for this function. The output start index for this execution was zero with a total number of output elements of zero. The Instantaneous Trendline is a moving-average-like indicator which is formed by removing the Dominant Cycle from Macerich price series.
.

Macerich Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Macerich insiders, such as employees or executives, is commonly permitted as long as it does not rely on Macerich's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Macerich insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Macerich Predictive Daily Indicators

Macerich intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Macerich stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Macerich Forecast Models

Macerich time-series forecasting models is one of many Macerich's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Macerich's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Macerich Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Macerich prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Macerich shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Macerich. By using and applying Macerich Stock analysis, traders can create a robust methodology for identifying Macerich entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 14.79  19.79 
EBITDA Margin 56.91  62.14 
Gross Margin 57.99  55.61 
Profit Margin 1.68  1.73 

Current Macerich Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Macerich analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Macerich analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
19.81Sell9Odds
Macerich Company current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Macerich analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Macerich stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Macerich, talking to its executives and customers, or listening to Macerich conference calls.
Macerich Analyst Advice Details

Macerich Stock Analysis Indicators

Macerich Company stock analysis indicators help investors evaluate how Macerich stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Macerich shares will generate the highest return on investment. By understating and applying Macerich stock analysis, traders can identify Macerich position entry and exit signals to maximize returns.
Begin Period Cash Flow482659000.00
Total Stockholder Equity3046867000.00
Country NameUSA
Capital Lease Obligations80711000.00
Property Plant And Equipment Net6394844000.00
Retained Earnings-2443696000.00
Cash And Short Term Investments1430025000.00
Retained Earnings Total Equity-2443696000.00
Cash112454000.00
50 Day M A11.0064
Net Interest Income-192679000.00
Total Current Liabilities441442000.00
Forward Price Earnings500
Common Stock Total Equity2147000.00
Logo U R LimglogosUSmac.png
Common Stock Shares Outstanding213214000.00
Total Cashflows From Investing Activities234968000.00
Tax Provision6948000.00
CodeMAC
Accounts Payable59228000.00
Net Debt4496622000.00
Currency CodeUSD
Other Operating Expenses722069000.00
Non Current Assets Total7967323000.00
Liabilities And Stockholders Equity8216373000.00
Non Currrent Assets Other254908000.00
Additionally, see Correlation Analysis. Note that the Macerich information on this page should be used as a complementary analysis to other Macerich's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Macerich Stock analysis

When running Macerich price analysis, check to measure Macerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to predict the probability of Macerich's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Is Macerich's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
2.8 B
Quarterly Revenue Growth YOY
0.031
Return On Assets
0.0092
Return On Equity
(0.0301) 
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine Macerich value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.