The Macerich Company (NYSE: MAC) started the day on May 18, 2021, with a price increase of 1.54% at $14.53. During the day, the stock rose to $14.71 and sunk to $14.09 before settling in for the price of $14.31 at the close. Taking a more long-term approach, MAC posted a 52-week range of $6.42-$25.99.
The Real Estate Sector giants’ yearly sales growth during the last 5-year period was -9.40%. Meanwhile, its Annual Earning per share during the time was -20.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -346.70%. This publicly-traded company’s shares outstanding now amounts to $158.58 million, simultaneously with a float of $148.22 million. The organization now has a market capitalization sitting at $3.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.04, while the 200-day Moving Average is $10.76.
Let’s gauge the efficiency of the firm, which has a total of 659 employees. It has generated 1,173,173 per worker during the last fiscal year. Meanwhile, its income per employee was 237. The stock had 4.02 Receivables turnover and 0.09 Total Asset turnover. For the Profitability, stocks gross margin was +5.46, operating margin was +1.60 and Pretax Margin of -1.84.
The Macerich Company (MAC) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Retail Industry. The Macerich Company’s current insider ownership accounts for 0.10%, in contrast to 62.40% institutional ownership. According to the most recent insider trade that took place on Jan 27, this organization’s 10% Owner sold 24,562,964 shares at the rate of 20.25, making the entire transaction reach 497,371,044 in total value, affecting insider ownership by 0. Preceding that transaction, on Dec 07, Company’s Vice Chair Emeritus sold 24,100 for 11.57, making the whole transaction’s value amount to 278,813. This particular insider is now the holder of 75,116 in total.
The Macerich Company (MAC) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/31/2021, the organization reported -$0.4 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.2) by -$0.2. This company achieved a net margin of +0.02 while generating a return on equity of 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
The Macerich Company’s EPS decrease for this current 12-month fiscal period is -346.70% and is forecasted to reach -0.43 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 0.21% through the next 5 years, which can be compared against the -20.50% growth it accomplished over the previous five years trading on the market.
The Macerich Company (NYSE: MAC) Trading Performance Indicators
Let’s observe the current performance indicators for The Macerich Company (MAC). The Stock has managed to achieve an average true range (ATR) of 0.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.04. Similarly, its price to free cash flow for trailing twelve months is now 203.35.
In the same vein, MAC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.00, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be -0.43 at the market close of one year from today.
Technical Analysis of The Macerich Company (MAC)
If we take a close look at the recent performances of The Macerich Company (NYSE: MAC), its last 5-days Average volume was 5.66 million that shows plunge from its year to date volume of 8.09 million. During the previous 9 days, stock’s Stochastic %D was recorded 84.28% While, its Average True Range was 0.70.
Raw Stochastic average of The Macerich Company (MAC) in the period of the previous 100 days is set at 26.91%, which indicates a major fall in contrast to 89.47% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 48.23% that was lower than 83.82% volatility it exhibited in the past 100-days period.