Macerich Co (MAC) concluded trading on Wednesday at a closing price of $16.84, with 4.26 million shares of worth about $71.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.64% during that period and on March 12, 2025 the price saw a gain of about 3.19%. Currently the company’s common shares owned by public are about 252.93M shares, out of which, 250.67M shares are available for trading.
Stock saw a price change of -7.32% in past 5 days and over the past one month there was a price change of -17.49%. Year-to-date (YTD), MAC shares are showing a performance of -15.46% which increased to 6.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.60 but also hit the highest price of $22.27 during that period. The average intraday trading volume for Macerich Co shares is 2.02 million. The stock is currently trading -10.71% below its 20-day simple moving average (SMA20), while that difference is down -14.48% for SMA50 and it goes to -4.55% lower than SMA200.
Macerich Co (NYSE: MAC) currently have 252.93M outstanding shares and institutions hold larger chunk of about 100.46% of that.
The stock has a current market capitalization of $4.42B and its 3Y-monthly beta is at 2.22. It has posted earnings per share of -$1.09 in the same period. It has a debt-to-equity ratio of 1.84. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MAC, volatility over the week remained 4.31% while standing at 3.96% over the month.
Stock’s fiscal year EPS is expected to rise by 93.55% while it is estimated to increase by 163.40% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on January 15, 2025 offering an Equal-weight rating for the stock and assigned a target price of $20 to it. Coverage by Jefferies stated Macerich Co (MAC) stock as a Buy in their note to investors on January 02, 2025, suggesting a price target of $23 for the stock. On December 17, 2024, Scotiabank Upgrade their recommendations, while on December 17, 2024, Deutsche Bank Initiated their ratings for the stock with a price target of $22. Stock get a Neutral rating from Mizuho on December 04, 2024.
