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The Macerich Company is currently in a long term uptrend where the price is trading 40.7% above its 200 day moving average.
From a valuation standpoint, the stock is 77.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 2.2.
The Macerich Company's total revenue sank by 19.5% to $195M since the same quarter in the previous year.
Its net income has dropped by 808.1% to $-190M since the same quarter in the previous year.
Finally, its free cash flow grew by 156.3% to $55M since the same quarter in the previous year.
Based on the above factors, The Macerich Company gets an overall score of 3/5.
Sector | Real Estate |
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ISIN | US5543821012 |
CurrencyCode | USD |
Exchange | NYSE |
Industry | REIT-Retail |
Target Price | 12.21 |
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Dividend Yield | 6.7% |
PE Ratio | None |
Beta | 2.12 |
Market Cap | 2B |
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. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 " 2019).
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