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) | 15.21% |
| Shares Change (QoQ) | 15.06% |
| Owned by Institutions (%) | 96.12% |
| Shares Floating | 246.79M |
| Failed to Deliver (FTD) Shares | 129 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 14.49M, so 5.83% of the outstanding shares have been sold short.
| Short Interest | 14.49M |
| Short % of Shares Out | 5.83% |
| Short % of Float | 5.87% |
| Short Ratio (days to cover) | 7.02 |
Valuation Ratios
The PE ratio is -22.77 and the forward PE ratio is -70.97. Macerich's PEG ratio is 0.73.
| PE Ratio | -22.77 |
| Forward PE | -70.97 |
| PS Ratio | 4.81 |
| Forward PS | 4.2 |
| PB Ratio | 1.6 |
| P/FCF Ratio | 0 |
| PEG Ratio | 0.73 |
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, with a Debt / Equity ratio of 0.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0 |
| Cash Flow / Debt | 0 |
| Interest Coverage | 2.78 |
Financial Efficiency
Return on equity (ROE) is -0.07% and return on capital (ROIC) is 21.65%.
| Return on Equity (ROE) | -0.07% |
| Return on Assets (ROA) | -0.02% |
| Return on Capital (ROIC) | 21.65% |
| Revenue Per Employee | $1,403,981.65 |
| Profits Per Employee | $-296,819.57 |
| Employee Count | 654 |
| Asset Turnover | 0.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 1.3M |
| Effective Tax Rate | -0.01 |
Stock Price Statistics
The stock price has increased by 9.94% 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 | 9.94% |
| 50-Day Moving Average | 20.15 |
| 200-Day Moving Average | 17.73 |
| Relative Strength Index (RSI) | 34.43 |
| Average Volume (20 Days) | 1.91M |
Income Statement
In the last 12 months, Macerich had revenue of 918.2M and earned -194.12M in profits. Earnings per share was -0.88.
| Revenue | 918.2M |
| Gross Profit | 876.86M |
| Operating Income | 611.34M |
| Net Income | -194.12M |
| EBITDA | 906.12M |
| EBIT | 611.34M |
| Earnings Per Share (EPS) | -0.88 |
Balance Sheet
The company has 89.86M in cash and 0 in debt, giving a net cash position of 89.86M.
| Cash & Cash Equivalents | 89.86M |
| Total Debt | 0 |
| Net Cash | 89.86M |
| Retained Earnings | -3.41B |
| Total Assets | 7.59B |
| Working Capital | -222.84M |
Cash Flow
In the last 12 months, operating cash flow was 0 and capital expenditures 0, giving a free cash flow of 0.
| Operating Cash Flow | 0 |
| Capital Expenditures | 0 |
| Free Cash Flow | 0 |
| FCF Per Share | 0 |
Margins
Gross margin is 95.5%, with operating and profit margins of 66.58% and -21.14%.
| Gross Margin | 95.5% |
| Operating Margin | 66.58% |
| Pretax Margin | -21% |
| Profit Margin | -21.14% |
| EBITDA Margin | 98.68% |
| EBIT Margin | 66.58% |
| FCF Margin | n/a |
Dividends & Yields
MAC pays an annual dividend of $0.68, which amounts to a dividend yield of 3.77%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 3.77% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | -77.27% |
| Earnings Yield | -4.79% |
| FCF Yield | 0% |
Analyst Forecast
The average price target for MAC is $19, which is 3.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $19 |
| Price Target Difference | 3.5% |
| 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 | 0.23 |
| Piotroski F-Score | 5 |