Macerich Co (MAC) concluded trading on Wednesday at a closing price of $14.94, with 6.84 million shares of worth about $102.24 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.63% during that period and on April 09, 2025 the price saw a gain of about 12.84%. 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 -15.64% in past 5 days and over the past one month there was a price change of -8.46%. Year-to-date (YTD), MAC shares are showing a performance of -25.00% which decreased to -5.14% 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 2.28 million. The stock is currently trading -9.50% below its 20-day simple moving average (SMA20), while that difference is down -18.24% for SMA50 and it goes to -16.24% lower than SMA200.
Macerich Co (NYSE: MAC) currently have 252.93M outstanding shares and institutions hold larger chunk of about 100.38% of that.
The stock has a current market capitalization of $3.92B and its 3Y-monthly beta is at 2.10. 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 13.58% while standing at 5.88% over the month.
Analysts are in expectations that Macerich Co (MAC) stock would likely to be making an EPS of -0.1 in the current quarter, while forecast for next quarter EPS is -0.04 and it is -0.05 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.15 which is -0.07 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.4 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 90.35% while it is estimated to increase by 115.37% 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.
