Macerich

Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. It conducts all of its operations through the operating partnership and the management companies. The company was founded by Mace Siegel, Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Macerich (MAC) posts strong Q4 results, eyes growth with luxury retailers

Macerich (MAC) delivered a solid performance in Q4 '22 with positive sales trends and strong leasing metrics. Despite flat sales in Q4, annual sales were up 3%, showcasing consumer resilience. The company is strategically positioned for growth with a focus on redevelopment and attracting luxury retailers.

Macerich reports robust Q1 performance with strategic growth initiatives

Macerich's Q1 performance reflects strong leasing demand, NOI growth, and strategic refinancing activities
Operational strengths in diverse projects, billboards, and consumer traffic highlight growth potential
Challenges include banking uncertainty, occupancy gaps, and transitional vacancy impacts on rents
Opportunities lie in land sales, leverage targets, redevelopment projects, and industry networking

Macerich reports strong Q2 performance, navigates challenges with strategic focus

Macerich's Q2 2023 performance reflects resilience and growth, driven by strategic leasing activities and positive financial results.
Challenges like lower sales productivity and refinancing needs are being addressed, while opportunities in temporary attractions and mixed-use projects are being leveraged.
Management's focus on balancing financial stability and growth presents a path forward amidst economic challenges and evolving consumer trends.
Overall, Macerich's proactive approach positions them well to navigate the current retail landscape and capitalize on emerging opportunities.

Macerich reports strong Q3 performance, eyes growth amid diverse demand

Macerich's Q3 2023 performance reflects robust leasing activity, financial stability, and a positive outlook for future growth driven by diverse tenant demand.
While facing challenges in leverage targets and tenant negotiations, the company is well-positioned to leverage opportunities in its portfolio's varied uses and upcoming store openings.
Overall, Macerich's strong performance, strategic liquidity increase, and focus on NOI growth signal a promising trajectory amidst a dynamic leasing environment.

Macerich posts robust Q4 results, eyes growth through new leases

Macerich delivered a strong Q4 performance with positive FFO and NOI growth.
The company faces challenges in managing expenses and optimizing leasing spreads.
Opportunities lie in financing activities, new store openings, and upcoming projects.

MAC reports Q1 challenges but sees opportunities in innovative growth

MAC's Q1 performance reflects challenges with lower FFO per share but strengths in strong leasing volumes and positive leasing spreads. The company is optimistic about backfilling strategies for store closures and aims to reduce leverage while improving operational performance. Opportunities lie in innovative tenant replacements and strategic asset utilization for future growth.

Macerich (MAC) reports solid Q2 performance and strategic debt reduction

Macerich (MAC) demonstrated resilience and progress in Q2 2024, with a strong operational performance and strategic focus on debt reduction.
While facing challenges in debt management and market dynamics, the company's strengths in asset optimization and leasing efficiency position it well for future growth.
By leveraging opportunities to enhance its portfolio and drive operational improvements, Macerich (MAC) can navigate challenges and capitalize on market potential.

Macerich reports improved Q3 performance, targets debt reduction and growth

Macerich's Q3 performance reflects positive operational improvements, strong leasing activity, and a strategic focus on debt reduction and portfolio optimization.
While facing challenges in the retail landscape and leadership transitions, the company's proactive approach to growth initiatives and financial discipline positions it well for future success.
By leveraging opportunities in simplification, strategic acquisitions, and operational enhancements, Macerich aims to drive shareholder value and maintain a competitive edge in the market.

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Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management, and leasing of regional and community shopping centers located throughout the United States. The company was founded by Mace Siegel Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.

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Macerich's (MAC) Scottsdale Fashion Square's luxury wing reports an improvement in sales backed by the company's efforts to redevelop and expand.

Macerich's Scottsdale Fashion Square Sales Witness Growth

Though Macerich's (MAC) share-price performance has been disappointing in 2019, it is undertaking all appropriate measures to turn around tables in the upcoming year.

Will Macerich's (MAC) Efforts Paint a Brighter Picture in 2020?

Macerich (MAC) refinances Kings Plaza shopping center with a 10-year fixed rate loan. The former $427.4 million loan for the property has been repaid in full.

Macerich (MAC) Refinances Kings Plaza With Loan Worth $540M

In trading on Tuesday, shares of Macerich Co (NYSE:MAC) were yielding above the 11% mark based on its quarterly dividend (annualized to $3), with the stock changing hands as low as $26.98 on the day.

Macerich Shares Cross 11% Yield Mark

The addition of the first-to-market brand, Versace, to Macerich's (MAC) Scottsdale Fashion Square in Arizona will further strengthen the mall's existing solid tenant roster.

Macerich Boosts Tenant Lineup at Scottsdale Fashion Square

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Macerich Co. (MAC) CEO Tom O'Hern on Q3 2019 Results - Earnings Call Transcript

Macerich's (MAC) Q3 results reflect tenant sales growth as well as increase in average rent and releasing spreads, along with lower occupancy.

Macerich (MAC) Q3 FFO Meets Estimates, Leasing Revenues Dip

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Macerich (MAC) delivered FFO and revenue surprises of 0.00% and -1.61%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Macerich (MAC) Meets Q3 FFO Estimates

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Macerich (MAC) Q3 results likely to reflect benefits from portfolio-revamp moves for attracting new and productive tenants, while store closures and retailer bankruptcies might have played spoilsport.

What's in the Cards for Macerich (MAC) This Earnings Season?

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News for Macerich Stock (MAC)