Macerich Co. (MAC) EPS is poised to hit -0.06 next quarter: How Investors Can Make It Count the Most?

Macerich Co. (NYSE: MAC) started the day on Wednesday, with a price decrease of -0.16% at $18.28, before settling in for the price of $18.31 at the close. Taking a more long-term approach, MAC posted a 52-week range of $9.14-$18.94.

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In the past 5-years timespan, the Real Estate sector firm’s annual sales growth was -1.39%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 143.49%. This publicly-traded company’s shares outstanding now amounts to $215.98 million, simultaneously with a float of $214.03 million. The organization now has a market capitalization sitting at $3.95 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.78, while the 200-day Moving Average is $16.00.

Macerich Co. (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. Macerich Co.’s current insider ownership accounts for 0.91%, in contrast to 94.12% institutional ownership. According to the most recent insider trade that took place on May 10 ’24, this organization’s EVP, Business Development bought 5,000 shares at the rate of 15.40, making the entire transaction reach 77,025 in total value, affecting insider ownership by 51,924. Preceding that transaction, on May 09 ’24, Company’s Chief Financial Officer bought 6,000 for 16.06, making the whole transaction’s value amount to 96,360. This particular insider is now the holder of 42,310 in total.

Macerich Co. (MAC) Earnings and Revenue Records

Macerich Co.’s EPS increase for this current 12-month fiscal period is 143.49% and is forecasted to reach -0.18 in the upcoming year.

Macerich Co. (NYSE: MAC) Trading Performance Indicators

Let’s observe the current performance indicators for Macerich Co. (MAC). The Stock has managed to achieve an average true range (ATR) of 0.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.46. Similarly, its price to free cash flow for trailing twelve months is now 13.16.

In the same vein, MAC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.00, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be -0.18 at the market close of one year from today.

Technical Analysis of Macerich Co. (MAC)

If we take a close look at the recent performances of Macerich Co. (NYSE: MAC), its last 5-days Average volume was 1.19 million that shows plunge from its year to date volume of 1.78 million. During the previous 9 days, stock’s Stochastic %D was recorded 53.74% While, its Average True Range was 0.44.

Raw Stochastic average of Macerich Co. (MAC) in the period of the previous 100 days is set at 87.03%, which indicates a major rise in contrast to 57.14% 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 24.47% that was lower than 31.48% volatility it exhibited in the past 100-days period.