The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns approximately 39 million square feet of real estate, consisting primarily of interests in 37 retail centers. The Macerich Company was incorporated in 1964 in Maryland and is based in Santa Monica, California.
Research context
Macerich Company appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Real Estate
- Industry
- REIT - Retail
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5 years, 7 months ago
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.