MAC News and Press, Macerich Company From 02/22/23

Summary The Macerich Company has some high-quality properties under its management and there is a lot of positive news going into the future such as the quality of tenants and redevelopments. The stock price has steadily declined over the last few years and this may just be the entry po...

Summary Simon Property Group's fundamentals continue to improve, but at a slower rate. Operational improvements are being offset to a certain degree by higher financing and operating costs. At current price, we still believe there is value in the shares, but they are no longer a bar...

Summary Klépierre delivered solid results for 2022 and has now basically recovered from the Covid crisis. Most key metrics, such as occupancy, continued to show improvement, even if the increase was relatively modest compared to the third quarter numbers. We believe that shares...

Summary Macerich is the second largest of the Regional Mall REITs, with a market capitalization of $2.95 billion. Though they have gained 7.77% as a group thus far this year, Mall REITs are lagging the Equity REIT average. Macerich just enjoyed its best leasing year in 15 years but ...

Summary We're approaching the halfway point of another consequential real estate earnings season with roughly 40 equity REITs and 15 mortgage REITs representing 50% of the total market capitalization reporting results. Results thus far have modestly exceeded expectations. Of the 36 REIT...

Summary U.S. equity markets declined while benchmark interest rates jumped this week as hawkish commentary from Fed officials, heightened geopolitical tensions, and mixed corporate earnings results weighed on sentiment. Posting just its second weekly decline of the year, the S&P 500...

Summary Unibail-Rodamco-Westfield delivered solid results for its fiscal year 2022, marking an almost complete recovery from the impact of Covid. Earnings and EBITDA grew considerably compared to 2021, occupancy continues to improve, and leasing remains healthy with positive spreads. ...

Macerich (NYSE: MAC) offers investors an attractive dividend yield of roughly 5%. That's well above the 1.63% from an S&P 500 index fund and the 3.5% from the average real estate investment trust (REIT), using the Vanguard Real Estate Index ETF as a proxy. But how is Maceric...

Summary Macerich's Q4 showed a slowdown in NOI growth, tenant sales were flat, and operational improvements are being counteracted by higher interest expenses. On the positive side, the company's occupancy continues to improve, ended the year at 92.6%, and Macerich is making good progre...

Image source: The Motley Fool. Macerich (NYSE: MAC) Q4 2022 Earnings Call Feb 07, 2023 , 1:00 p.m. ET Operator Continue reading For further details see: Macerich (MAC) Q4 2022 Earnings Call Transcript