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1 Comment
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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Industry | REIT - Retail |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US5543821012 |
Market Cap | 4B |
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Beta | 2.14 |
PE Ratio | None |
Target Price | 19.6 |
Dividend Yield | 4.8% |
We own 43 million square feet of real estate consisting primarily of interests in 40 regional retail centers that serve as community cornerstones. As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, our portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. We are firmly dedicated to advancing environmental goals, social good and sound corporate governance. As a recognized leader in sustainability, The Macerich Company (the "Company") has achieved a #1 GRESB ranking for the North American retail sector for ten consecutive years.
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