Previous close | 13.68 |
Open | 13.35 |
Bid | 12.23 x 900 |
Ask | 12.35 x 1000 |
Day's range | 12.21 - 13.37 |
52-week range | 11.76 - 22.88 |
Volume | |
Avg. volume | 3,227,588 |
Market cap | 2.706B |
Beta (5Y monthly) | 1.88 |
PE ratio (TTM) | 180.74 |
EPS (TTM) | 0.07 |
Earnings date | 02 Aug 2022 - 08 Aug 2022 |
Forward dividend & yield | 0.60 (4.67%) |
Ex-dividend date | 19 May 2022 |
1y target est | 16.67 |
While Macerich's (MAC) first-quarter FFO per share beats estimates, revenues lag the consensus mark. The retail REIT tweaks its 2022 guidance.
Joining us today are Tom O'Hern, chief executive officer; Scott Kingsmore, senior executive vice president and chief financial officer; and Doug Healey, senior executive vice president of leasing. The hotel is well-positioned adjacent to our recently developed restaurant collection and next to our brand entry way to our newly developed luxury wing.
Macerich (MAC) delivered FFO and revenue surprises of 8.70% and 2.73%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?