|Bid||16.18 x 800|
|Ask||17.00 x 1100|
|Day's range||15.92 - 16.85|
|52-week range||11.04 - 22.88|
|Beta (5Y monthly)||1.92|
|PE ratio (TTM)||N/A|
|Earnings date||10 Feb 2022|
|Forward dividend & yield||0.60 (3.67%)|
|Ex-dividend date||08 Nov 2021|
|1y target est||20.88|
Macerich (MAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The mall landlord's share price has risen massively over the past year, but it's still way off its peak. Is there still a good opportunity for investors here?
Three months ago, The Macerich Company (NYSE: MAC) reported that its net operating income (NOI) returned to growth in the second quarter, following a series of steep declines during the worst of the pandemic. Last week, the mall real estate investment trust (REIT) reported that NOI and tenant sales continued to bounce back in the third quarter. This good news helped Macerich stock rally to a new 52-week high, and for good reason.