macerich (nyse: mac) an s&p 500 company, 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 specializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in california, arizona, chicago, greater new york metro and washington, dc. additional information about macerich can be obtained from the company’s website at www.macerich.com.
Company profile
Ticker
MAC, MAC-MM
Exchange
Website
CEO
Thomas O'Hern
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
801-GALLERY ASSOCIATES, L.P. • 801-GALLERY C-3 ASSOCIATES, L.P. • 801-GALLERY GP, LLC • 801 MARKET VENTURE GP LLC • AM TYSONS LLC • BILTMORE SHOPPING CENTER PARTNERS LLC • BROOKLYN KINGS PLAZA LLC • CAM-CARSON LLC • COOLIDGE HOLDING LLC • CORTE MADERA VILLAGE, LLC ...
IRS number
954448705
MAC stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEFA14A
Additional proxy soliciting materials
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
8-K
Departure of Directors or Certain Officers
26 Mar 24
S-8
Registration of securities for employees
29 Feb 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Departure of Directors or Certain Officers
23 Feb 24
8-K
Earnings Results & Supplemental Information
7 Feb 24
8-K
The Macerich Company Announces CEO Change
5 Feb 24
8-K
Departure of Directors or Certain Officers
7 Dec 23
Transcripts
MAC
Earnings call transcript
2023 Q4
7 Feb 24
MAC
Earnings call transcript
2023 Q3
31 Oct 23
MAC
Earnings call transcript
2023 Q2
8 Aug 23
MAC
Earnings call transcript
2023 Q1
4 May 23
MAC
Earnings call transcript
2022 Q4
7 Feb 23
MAC
Earnings call transcript
2022 Q3
3 Nov 22
MAC
Earnings call transcript
2022 Q2
28 Jul 22
MAC
Earnings call transcript
2022 Q1
9 May 22
MAC
Earnings call transcript
2021 Q4
10 Feb 22
MAC
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 208.13 mm | 208.13 mm | 208.13 mm | 208.13 mm | 208.13 mm | 208.13 mm |
Cash burn (monthly) | (no burn) | (no burn) | 3.70 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 24.70 mm | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 183.44 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 49.6 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
95.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 266 |
Opened positions | 36 |
Closed positions | 19 |
Increased positions | 96 |
Reduced positions | 88 |
13F shares | Current |
---|---|
Total value | 2.11 tn |
Total shares | 206.69 mm |
Total puts | 1.15 mm |
Total calls | 750.60 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 39.27 mm | $428.42 bn |
Vanguard | 34.14 mm | $372.49 bn |
Smead Capital Management | 20.68 mm | $225.59 bn |
JPM JPMorgan Chase & Co. | 15.06 mm | $164.31 bn |
STT State Street | 14.25 mm | $155.47 bn |
Passive Investment Trust | 7.35 mm | $95.55 mm |
GIC Private | 5.00 mm | $53.35 mm |
Geode Capital Management | 4.85 mm | $52.87 bn |
Charles Schwab Investment Management | 4.49 mm | $48.97 bn |
Fisher Asset Management | 3.72 mm | $40.56 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Mar 24 | Coppola Edward C | Common Stock | Sell | Dispose S | No | No | 17.19 | 75,000 | 1.29 mm | 560,667 |
27 Mar 24 | Coppola Edward C | Common Stock | Sell | Dispose S | No | No | 17.01 | 20,000 | 340.20 k | 635,667 |
20 Mar 24 | Hern Thomas E O | Common Stock | Sell | Dispose S | No | No | 16.94 | 95,000 | 1.61 mm | 102,900 |
14 Mar 24 | Hern Thomas E O | Common Stock | Sell | Dispose S | Yes | No | 16.39 | 7,964 | 130.53 k | 0 |
1 Mar 24 | Jackson Hsieh | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 304,692 | 0.00 | 443,326 |
1 Mar 24 | Jackson Hsieh | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 138,634 | 0.00 | 138,634 |
News
Truist Securities Reiterates Hold on Macerich, Maintains $16 Price Target
25 Mar 24
FedEx To Rally Over 32%? Here Are 10 Top Analyst Forecasts For Friday
22 Mar 24
Citigroup Upgrades Macerich to Neutral, Raises Price Target to $17
22 Mar 24
Electronic Arts, Booz Allen Hamilton And 2 Other Stocks Insiders Are Selling
19 Mar 24
eBay, Alphabet And 2 Other Stocks Insiders Are Selling
23 Feb 24
Press releases
Macerich Schedules First Quarter 2024 Earnings Release and Conference Call
8 Apr 24
Macerich Marks 30 Years as Public Company, Rings Closing Bell at New York Stock Exchange
12 Mar 24
The Macerich Company Announces Grant of Employment Inducement Award in Connection with Appointment of Jackson Hsieh as President and Chief Executive Officer
1 Mar 24
Macerich Reports Fourth Quarter 2023 Results
7 Feb 24
Macerich Declares the Quarterly Dividend on Its Common Shares
2 Feb 24