Macerich (MAC)
Macerich Statistics
Share Statistics
Macerich has 248.53M shares outstanding. The number of shares has increased by 15.21% in one year.
| Shares Outstanding | 248.53M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 15.06% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 246.79M |
| Failed to Deliver (FTD) Shares | 47.41K |
| FTD / Avg. Volume | 2.21% |
Short Selling Information
The latest short interest is 14.65M, so 5.9% of the outstanding shares have been sold short.
| Short Interest | 14.65M |
| Short % of Shares Out | 5.9% |
| Short % of Float | 5.94% |
| Short Ratio (days to cover) | 5.35 |
Valuation Ratios
The PE ratio is -12.14 and the forward PE ratio is -96.9.
| PE Ratio | -12.14 |
| Forward PE | -96.9 |
| PS Ratio | 3.77 |
| Forward PS | 5.8 |
| PB Ratio | 1.36 |
| P/FCF Ratio | 11.26 |
| PEG Ratio | n/a |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Macerich.
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.66, with a Debt / Equity ratio of 1.76.
| Current Ratio | 0.66 |
| Quick Ratio | 0.66 |
| Debt / Equity | 1.76 |
| Total Debt / Capitalization | 63.78 |
| Cash Flow / Debt | 0.07 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is -0.11% and return on capital (ROIC) is 0%.
| Return on Equity (ROE) | -0.11% |
| Return on Assets (ROA) | -0.04% |
| Return on Capital (ROIC) | 0% |
| Revenue Per Employee | 1.35M |
| Profits Per Employee | -419.06K |
| Employee Count | 654 |
| Asset Turnover | 0.12 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | -494.00K |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 26.37% in the last 52 weeks. The beta is 2.48, so Macerich's price volatility has been higher than the market average.
| Beta | 2.48 |
| 52-Week Price Change | 26.37% |
| 50-Day Moving Average | 20.25 |
| 200-Day Moving Average | 17.04 |
| Relative Strength Index (RSI) | 45.97 |
| Average Volume (20 Days) | 2.14M |
Income Statement
In the last 12 months, Macerich had revenue of 881.37M and earned -274.06M in profits. Earnings per share was -1.28.
| Revenue | 881.37M |
| Gross Profit | 486.48M |
| Operating Income | 0 |
| Net Income | -274.06M |
| EBITDA | 190.72M |
| EBIT | n/a |
| Earnings Per Share (EPS) | -1.28 |
Balance Sheet
The company has 94.94M in cash and 4.31B in debt, giving a net cash position of -4.21B.
| Cash & Cash Equivalents | 94.94M |
| Total Debt | 4.31B |
| Net Cash | -4.21B |
| Retained Earnings | -3.06B |
| Total Assets | 7.59B |
| Working Capital | -222.84M |
Cash Flow
In the last 12 months, operating cash flow was 295.50M and capital expenditures 0, giving a free cash flow of 295.50M.
| Operating Cash Flow | 295.50M |
| Capital Expenditures | 0 |
| Free Cash Flow | 295.50M |
| FCF Per Share | 1.37 |
Margins
Gross margin is 55.2%, with operating and profit margins of 0% and -31.1%.
| Gross Margin | 55.2% |
| Operating Margin | n/a |
| Pretax Margin | -31.04% |
| Profit Margin | -31.1% |
| EBITDA Margin | 21.64% |
| EBIT Margin | n/a |
| FCF Margin | 33.53% |
Dividends & Yields
MAC pays an annual dividend of $0.68, which amounts to a dividend yield of 3.48%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 3.48% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 188.89% |
| Earnings Yield | -6.47% |
| FCF Yield | 6.01% |
Analyst Forecast
The average price target for MAC is $19, which is -4% lower than the current price. The consensus rating is "Hold".
| Price Target | $19 |
| Price Target Difference | -4% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
Stock Splits
The last stock split was on Feb 11, 2010. It was a forward split with a ratio of 507:500.
| Last Split Date | Feb 11, 2010 |
| Split Type | forward |
| Split Ratio | 507:500 |
Scores
| Altman Z-Score | 0.22 |
| Piotroski F-Score | 5 |