When was Macerich founded?
1964
Macerich/Founded
Description Macerich Co. The company was founded by Mace Siegel, Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.
Is Mac publicly traded?
Understand that because M-A-C stock is not publicly traded as a stand-alone corporation you can not be a direct shareholder in the M-A-C cosmetic line particularly, but can become an indirect shareholder by purchasing its parent company stock, Estée Lauder Incorporated.
Who founded Macerich?
Mace Siegel
Macerich/Founders
What is MAC makeup stock?
52 Week Range 6.42 – 25.99. Shares Outstanding 196.85M. Public Float 197.89M. Beta 1.28.
Who is the CEO of Macerich?
Hern Thomas E O (Jan 1, 2019–)
Macerich/CEO
Thomas E. O’Hern. As Chief Executive Officer for Macerich, Tom O’Hern guides one of the country’s leading retail real estate companies with dominant properties in many top U.S. markets.
Who owns the Freehold Mall?
Macerich
Freehold Raceway Mall/Owners
What was the FFO per share for Macerich?
Macerich reported funds from operations of $0.45 per share, $0.02 ahead of our estimate. While management lowered 2021 FFO guidance to a new range of $1.77-$1.97, the prior guidance didn’t account for the equity issuance that the company executed during the quarter.
What kind of company is The Macerich Company?
The trends are all reassuring and in line with our estimate of operations slowly returning to normal. The Macerich Company is an S&P 500 company that invests in premium mall assets.
How is Macerich’s revenue growth compared to the market?
High Growth Earnings: MAC is forecast to remain unprofitable over the next 3 years. Revenue vs Market: MAC’s revenue (6.4% per year) is forecast to grow slower than the US market (9.2% per year). High Growth Revenue: MAC’s revenue (6.4% per year) is forecast to grow slower than 20% per year.
What was the first quarter net income for Macerich?
Consequently, same-store net operating income was down 27.6% year over year in the first quarter, though that is an improvement over the 34.0% year-over-year decline seen in the fourth quarter of 2020 and better than the 31.2% decline we had assumed for the first quarter.
