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Macerich Co (MAC.N)

MAC.N on New York Stock Exchange

48.78USD
13 Dec 2018
Change (% chg)

$1.67 (+3.54%)
Prev Close
$47.11
Open
$47.38
Day's High
$50.50
Day's Low
$47.30
Volume
752,773
Avg. Vol
300,069
52-wk High
$69.52
52-wk Low
$46.98

Latest Key Developments (Source: Significant Developments)

Macerich Q3 FFO Per Share $0.99
Wednesday, 31 Oct 2018 04:15pm EDT 

Oct 31 (Reuters) - Macerich Co ::MACERICH ANNOUNCES QUARTERLY RESULTS.Q3 FFO PER SHARE $0.99.NARROWING RANGE OF PREVIOUSLY ISSUED 2018 EARNINGS GUIDANCE.SEES 2018 FFO PER SHARE-DILUTED $3.69-$3.74.SEES 2018 FFO PER SHARE-DILUTED EXCLUDING COSTS RELATED TO SHAREHOLDER ACTIVISM $3.82-$3.87.Q3 FFO PER SHARE VIEW $0.99 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $3.77 -- THOMSON REUTERS I/B/E/S.MALL PORTFOLIO OCCUPANCY WAS 95.1% AT SEPTEMBER 30, 2018 COMPARED TO 94.3% AT SEPTEMBER 30, 2017.  Full Article

Macerich Declares An Increase In Its Quarterly Dividend
Thursday, 25 Oct 2018 04:15pm EDT 

Oct 25 (Reuters) - Macerich Co ::MACERICH DECLARES AN INCREASE IN ITS QUARTERLY DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.75PER SHARE.  Full Article

Macerich Q2 FFO Per Share $0.83
Wednesday, 1 Aug 2018 04:10pm EDT 

Aug 1 (Reuters) - Macerich Co ::MACERICH ANNOUNCES QUARTERLY RESULTS.Q2 FFO PER SHARE $0.83.QUARTERLY FFO PER SHARE $0.96 EXCLUDING ITEMS.MALL PORTFOLIO OCCUPANCY WAS 94.3% AT JUNE 30, 2018 VERSUS 94.4% AT JUNE 30, 2017.SEES FY 2018 FFO PER SHARE $3.69 - $3.79.SEES FY2018 FFO PER SHARE EXCLUDING COSTS RELATED TO SHAREHOLDER ACTIVISM $3.82 - $3.92.GUIDANCE FOR LEASE TERMINATION REVENUE IS BEING REDUCED FROM $22 MILLION TO $15 MILLION FOR 2018.QTRLY TOTAL REVENUES $234.5 MILLION VERSUS $247.4 MILLION.  Full Article

Macerich Sells Office Building In Chicago For $86.4 Mln
Monday, 27 Nov 2017 01:54pm EST 

Nov 27 (Reuters) - Macerich Co ::MACERICH ANNOUNCES ADDITIONAL NON-CORE ASSET SALE.‍SALE OF AN OFFICE BUILDING AT 500 NORTH MICHIGAN AVENUE IN CHICAGO FOR $86.4 MILLION.  Full Article

Loeb's Third Point takes stake in mall-owner Macerich - Bloomberg
Thursday, 9 Nov 2017 01:20pm EST 

Nov 9 (Reuters) - :Loeb's Third Point takes stake in mall-owner Macerich - Bloomberg, citing sources.Loeb is pushing for change at Macerich, including possible sale - Bloomberg, citing sources.  Full Article

Macerich reports Q3 FFO per share $0.96
Monday, 30 Oct 2017 04:30pm EDT 

Oct 30 (Reuters) - Macerich Co :Macerich announces quarterly results.Q3 FFO per share $0.96.Macerich Co - ‍on October 24, 2017 co increased its quarterly dividend on common shares to $.74 per share, a 4.2 pct increase​.Macerich Co - ‍management is reaffirming its previously provided diluted FFO per share guidance for 2017​.Macerich Co ‍sees 2017 diluted eps in $1.12 - $1.22​ range.  Full Article

Macerich declares an increase in its quarterly dividend
Tuesday, 24 Oct 2017 04:15pm EDT 

Oct 25 (Reuters) - Macerich Co :Macerich declares an increase in its quarterly dividend.Macerich Co - ‍board of directors of Macerich Company declared 4.2 pct increase in its quarterly cash dividend to $.74 per share of common stock​.  Full Article

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Many U.S. mall owners say good riddance to Sears

NEW YORK The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans.