MARKET COMPOSITE
MAC - Macerich Co.8:00:02 PM 4/18/2024
Price
$15.17
-0.20 (-1.30%)
Macerich is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2019, the company owned interests in 52 properties comprising 51 million square feet of leasable area. The company name is a portmanteau of its founders, Mace Siegel and Richard Cohen. The company traces its antecedents to the MaceRich Real Estate Company founded in New York in 1964 by Mace Siegel and Richard Cohen who combined their first names to name their company.
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Stock news

    A portfolio of premium shopping centers, a focus on omnichannel retailing and developing mixed-use assets are likely to support Macerich (MAC) despite higher e-commerce adoption and high interest rates.

    SANTA MONICA, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules First Quarter 2024 Earnings Release and Conference Call WHEN: Earnings Results will be released before market open on Tuesday, April 30, 2024. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on that same day to discuss quarterly results. WHERE: Participants who wish to join the conference by telephone must register at the dial-in registration link below to receive

    The Federal Reserve's reassertion this week that despite recent gains in the consumer price index (CPI) and producer price index (PPI), it still envisions three rate cuts coming in 2024, sparking a rally in real estate investment trusts (REITs). On March 22, three analysts from Citigroup kept that enthusiasm going by upgrading a half dozen REITs and raising price targets on all six. Take a look at the REITs receiving upgrades this week, along with some positives that each REIT has going for it.

    On March 20, 2024, Director O HERN THOMAS E executed a significant stock sale of Macerich Co (NYSE:MAC), offloading 95,000 shares of the company.

    Healthy retail demand, focus on mixed-use development and capital-recycling moves bode well for Macerich (MAC).

    New Company President & CEO Jack Hsieh Joined by Senior Executives for Celebratory Milestone Macerich became a public company on March 16, 1994. SANTA MONICA, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of high-quality retail and mixed-use properties in top markets, today marked its 30th anniversary as a public company by ringing the closing bell at the New York Stock Exchange. Jack Hsieh, who took the reins as Mac

    SANTA MONICA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company”) announced that it granted two inducement equity awards to Jackson Hsieh on March 1, 2024, the effective date of Mr. Hsieh’s appointment as President and Chief Executive Officer of the Company, pursuant to the employment agreement entered into between the Company and Mr. Hsieh effective March 1, 2024. The awards were granted in accordance with New York Stock Exchange Listed Company Manual Rul

    Zan Posen joins Gap Inc. as creative director of Gap and chief creative officer of Old Navy while Matthew Puckett has stepped down as CFO of VF Corp.

    Macerich (MAC) witnesses year-over-year growth in occupancy and same-center NOI. However, the top line lags estimates. It has issued 2024 FFO per share guidance.

    The Macerich Company (NYSE:MAC) Q4 2023 Earnings Call Transcript February 7, 2024 The Macerich Company misses on earnings expectations. Reported EPS is $0.2768 EPS, expectations were $0.55. The Macerich Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and […]