Macerich MAC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Macerich (MAC) Business Model and Operations Summary
Macerich invests in premium mall assets. The company owns 30 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with two power centers and seven other real estate assets. The company's total portfolio has 42.9 million square feet of gross leasable area and averaged $837 sales per square foot over the 12 months ended in December 2024.
Key Insights
Macerich (MAC) Core Market Data and Business Metrics
Latest Closing Price
$17.71Market Cap
$4.10 BillionPrice-Earnings Ratio
-20.13Total Outstanding Shares
252.50 Million SharesTotal Employees
615Dividend
$0.17 Per Share QuarterlyIPO Date
March 9, 1994SIC Description
Real Estate Investment TrustsPrimary Exchange
New York Stock ExchangeHeadquarters
401 Wilshire Blvd, Santa Monica, CA, 90401
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Bi-Weekly Change (%): The percentage change in short interest from the previous bi-weekly period.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 14,515,363 Shares | -11.55% | 3/14/2025 | 4.8 |
| 16,411,728 Shares | +11.80% | 2/28/2025 | 6.23 |
| 14,679,818 Shares | +1.33% | 2/14/2025 | 11.31 |
| 14,487,167 Shares | +0.01% | 1/31/2025 | 9.04 |
| 14,485,352 Shares | -1.01% | 1/15/2025 | 7.84 |
| 14,633,741 Shares | -0.14% | 12/31/2024 | 6.52 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $-12.81 Million |
| Net Cash Flow | $-12.81 Million |
| Net Cash Flow From Financing Activities, Continuing | $-316.05 Million |
| Net Cash Flow From Operating Activities | $283.44 Million |
| Net Cash Flow From Operating Activities, Continuing | $283.44 Million |
| Net Cash Flow From Investing Activities, Continuing | $19.79 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Parent | $-194.12 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $-3.54 Million |
| Net Income/Loss | $-197.66 Million |
| Interest Income/Expense Operating, Net | $-219.99 Million |
| Income Tax Expense/Benefit, Current | $0 |
| Operating Income/Loss | $-40.57 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $-3.54 Million |
| Comprehensive Income/Loss Attributable To Parent | $-193.20 Million |
| Comprehensive Income/Loss | $-196.75 Million |
| Other Comprehensive Income/Loss | $918,000 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity | $2.84 Billion |
| Assets | $8.57 Billion |
| Liabilities And Equity | $8.57 Billion |
| Current Assets | $8.57 Billion |
| Noncurrent Assets | $0 |
| Equity Attributable To Parent | $2.76 Billion |
Historical Dividends
Current dividend: $0.17 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Oct 31, 2024 | Dec 2, 2024 | Nov 12, 2024 | $0.17 | Quarterly |
| Jul 26, 2024 | Sep 9, 2024 | Aug 19, 2024 | $0.17 | Quarterly |
| Apr 26, 2024 | Jun 3, 2024 | May 20, 2024 | $0.17 | Quarterly |
| Feb 2, 2024 | Mar 4, 2024 | Feb 16, 2024 | $0.17 | Quarterly |
| Oct 27, 2023 | Dec 1, 2023 | Nov 9, 2023 | $0.17 | Quarterly |
| Aug 4, 2023 | Sep 8, 2023 | Aug 18, 2023 | $0.17 | Quarterly |