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Macerich Co (MAC.N)

MAC.N on New York Stock Exchange

59.36USD
23 Feb 2018
Change (% chg)

$0.56 (+0.95%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Macerich announces quarterly FFO per share $1.04
Thursday, 27 Oct 2016 04:34pm EDT 

Macerich Co : Macerich announces strong quarterly results . Quarterly FFO per share $1.04 . Mall tenant annual sales per square foot for portfolio were $626 for year ended September 30, 2016 compared to $630 for year ended September 30, 2015 . Macerich co sees 2016 diluted FFO per share $4.05 - $4.10 . Sees 2016 diluted FFO per share $4.05 - $4.10 . Macerich co says mall portfolio occupancy was 95.3% at September 30, 2016 compared to 95.4% at September 30, 2015 .Fy2016 FFO per share view $4.12 -- Thomson Reuters I/B/E/S.  Full Article

Macerich posts Q2 earnings of $0.31/share
Monday, 1 Aug 2016 07:00am EDT 

Macerich Co: Macerich announces strong quarterly results . Quarterly FFO per share $1.02 . Qtrly earnings per share $0.31 . Mall portfolio occupancy was 95.0% at June 30, 2016 compared to 95.5% at June 30, 2015 . Sees 2016 diluted FFO per share to be in the range of $4.05 - $4.15 . Fy2016 FFO per share view $4.10 -- Thomson Reuters I/B/E/S . Q2 FFO per share view $0.98 -- Thomson Reuters I/B/E/S .Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.  Full Article

Macerich Co enters into second amended, restated credit agreement
Tuesday, 12 Jul 2016 05:33pm EDT 

Macerich Co : On July 6, entered into a second amended and restated credit agreement - SEC filing . Amended credit agreement provides for a $1.5 billion revolving loan facility that matures on July 6, 2020 . Amended credit agreement provides for revolving loan facility with an option to extend maturity until July 6, 2021 . Has ability from time to time to increase size of facility by up to an additional $500 million .Amended credit agreement also provides for a sublimit of $50 million for swing line advances.  Full Article

Macerich Co - enters share repurchase agreement with investment bank
Friday, 13 May 2016 04:14pm EDT 

Macerich Co : On May 9, entered into an accelerated share repurchase agreement with one if its investment banks - SEC filing . Agreed to repurchase $400 million of its outstanding common stock, with an aggregate initial delivery of approximately 4 million shares .Macerich Co says is funding asr with cash proceeds generated from recent sale of joint venture interests in four malls and related refinancings.  Full Article

Macerich Co Reaffirms FY 2016 FFO guidance
Tuesday, 3 May 2016 04:01pm EDT 

Macerich Co:Reaffirming its previous estimate of diluted EPS and FFO per share guidance for FY 2016.Sees FY 2016 Diluted EPS $3.73 - $3.83.Sees FY 2016 Diluted FFO per share $4.05 - $4.15.  Full Article

Macerich Co declares quarterly dividend on its common shares
Tuesday, 26 Apr 2016 06:00am EDT 

Macerich Co:Declared a quarterly cash dividend of $.68 per share of common stock.Dividend is payable on June 3 to stockholders of record date as on May 5.  Full Article

BRIEF-Macerich Reports Q4 FFO Per Share $1.03

* QTRLY NET INCOME AND FFO INCLUDED A $14.5 MILLION RE-VALUATION REDUCTION OF A DEFERRED TAX ASSET AS A RESULT OF TAX ACT