QualityDipStocks / Real Estate · REITs
Macerich Company MAC
Outside our quality screen, so we don’t track its dips. It’s 6% below its 52-week high.
Outside our quality screen, 7% over its Market Value. No fair value estimate for now: there isn’t enough data.
- Fair value est.
- n/a
- Market Value
- $23.23price +7%
- Off 52-wk high
- −6%
- Risk vs market
- Lowbeta 0.61
1 bullish · 5 bearish See why
Repriced or dip?
Near its high
The price is 6% below its 52-week high (Jul 28), but the business held up: net cash (cash minus debt) +0.7% of market cap since the high.
Some numbers held up (net cash (cash minus debt) +0.7% of market cap since the high), others slipped (shares outstanding more shares, each owns less, revenue growth rate −3.6 pts). The price is 6% below its 52-week high.
The price is 6% below its 52-week high, and the business changed too: shares outstanding more shares, each owns less, revenue growth rate −3.6 pts.
Within 10% of its 52-week high, so there is no dip to judge yet.
Data-based read, not advice.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
No estimate for MAC: Capital spending isn't tagged in SEC XBRL data. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much MAC moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 2.3× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.61
- Volatility
- 29% vs 13% SPY
- Correlation SPY
- 0.27
- Correlation QQQ
- 0.12
Valuation details
MV $23.23
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 1 of 5
Cash returnsDividend yield of 2.8% ($193M paid over 12 months).
Top bearish points 5 of 5
ProfitabilityLost $170M over the last 12 months (net income, SEC filings).
Balance sheetNet debt of $4.6B, 66% of the market cap (Jun 30, 2026).
Cash returnsShare count up 8.2% in a year: existing holders are being diluted.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%; net debt 8.7× EBITDA (limit 3×).
ValuationTrades 6.8% above its Market Value of $23.23, the average price paid since the Aug 11 filing.
All fundamentals
ROE -6% · Sales +1%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- n/anot reported in its SEC filings
- FCF yield
- n/anot reported in its SEC filings
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- 6.96×
- Price / book
- 2.48×
- Market cap
- $7.0Blisted
- Enterprise value
- $11.6B
Growth
- Revenue, 12 months
- $1.0B
- Sales growth, 12 months
- +1.3%vs the 12 months before
- Sales growth, 3 yrs
- +5.7%/yrfrom FY2022
- Diluted EPS, 12 months
- −$0.66
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- −$170M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- n/agross profit isn't reported (common for service and financial companies)
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- −16.9%
- FCF margin
- n/anot reported in its SEC filings
- Return on equity
- −6%
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- $227M
- Total debt
- $4.8B
- Net cash
- −$4.6B
- Debt / equity
- 1.71×
- Interest coverage
- n/ainterest expense not tagged in SEC data
Cash flow & returns
- Free cash flow, 12 months
- n/anot reported in its SEC filings
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 2.76%$193M paid
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +8.2%diluted shares vs a year ago
- Stock-based comp
- $22M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Macerich Company’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
Sales +1%
- Gross margin55%
- Operating margin16%
- Return on invested capital2%
- Return on equity−6%
- Sales growth (latest quarter vs year-ago quarter)+1%
- Net debt / EBITDA8.7×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $24.81
- 52-wk lowlowest close, 1 year$16.20−34.7%
- Market Valueavg paid since Aug 11$23.23−6.4%
- PriceMon Nov 2 close$24.81you are here
- 52-wk highhighest close, 1 year$26.51+6.9%
Momentum & 52-week range
RSI 67 · 5 days +1.8%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Next report
Nov 4
- DateWed Nov 4, after the close
- Consensus EPS$0.36
- Year-ago EPS$0.35
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
MAC is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Macerich Company in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in REITs
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.