Macerich(MAC)
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Macerich(MAC) - 2024 Q1 - Quarterly Results
2024-04-30 10:56
Exhibit 99.1 Earnings Results & Supplemental Information For the Three Months Ended March 31, 2024 The Macerich Company Earnings Results & Supplemental Information For the Three Months Ended March 31, 2024 Table of Contents All information included in this supplemental financial package is unaudited, unless otherwise indicated. Page No. Executive Summary & Financial Highlights 1 Executive Summary 1 Financial Highlights 4 Capital Information 8 Capital Information and Market Capitalization 8 Changes in Total ...
Macerich Declares the Quarterly Dividend on Its Common Shares
Newsfilter· 2024-04-26 11:00
SANTA MONICA, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE:MAC) declared a quarterly cash dividend of $.17 per share of common stock. The dividend is payable on June 3, 2024, to stockholders of record at the close of business on May 20, 2024. About Macerich Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated an ...
Is It Wise to Retain Macerich (MAC) Stock in Your Portfolio?
Zacks Investment Research· 2024-04-15 15:21
The Macerich Company (MAC) , with a solid leasing pipeline, is likely to continue witnessing healthy leasing activity at its properties in the quarters ahead, driving occupancy. Its focus on omnichannel retailing augurs well.The shift toward re-use and mixed-use properties through recapture and repositioning of anchor tenants remains a key emphasis, while bringing brands to new markets at its mall is likely to attract shoppers. However, growing e-commerce adoption raises concerns for the company. High inter ...
Macerich(MAC) - 2023 Q4 - Annual Report
2024-02-26 16:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ________ TO ________ Commission File No. 1-12504 THE MACERICH COMPANY (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...
Macerich(MAC) - 2023 Q4 - Earnings Call Transcript
2024-02-07 21:39
And I can tell you that this leasing pipeline of new store opening accounts for $64 million of incremental rent, which represents roughly 8% of our current net operating income and this incremental rent will continue to grow as we approve new deals and sign new leases. So to conclude, our leasing and operating metrics were very solid in 2023. There was only one bankruptcy in our portfolio in the fourth quarter and only 10% for all of 2023. The bankruptcies overall in both 2022 and 2023 were at their lowest ...
Macerich(MAC) - 2023 Q3 - Quarterly Report
2023-11-06 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No.: 1-12504 THE MACERICH COMPANY 2 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b- ...
Macerich(MAC) - 2023 Q3 - Earnings Call Transcript
2023-10-31 20:05
Samantha Greening - Director Investor Relations Tom OÂ'Hern - Chief Executive Officer Scott Kingsmore - Senior Executive Vice President and Chief Financial Officer Doug Healey - Senior Executive Vice President, Leasing Thank you, Samantha. It was another strong quarter for us. Leasing volumes continued at a record level. We had a 130 basis point gain in occupancy compared to a year ago and 80 basis points gain over the last quarter. That brings our occupancy at quarter end to 93.4% and we are getting very c ...
Macerich(MAC) - 2023 Q2 - Quarterly Report
2023-08-09 15:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No.: 1-12504 THE MACERICH COMPANY (Exact name of registrant as specified in its charter) Maryland 95-4448705 (State or other juris ...
Macerich(MAC) - 2023 Q2 - Earnings Call Transcript
2023-08-08 22:10
Reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures are included in the earnings release and supplemental filed on Form 8-K with the SEC, which are posted in the investors section of the companyÂ's website at macerich.com. Thank you, Samantha. It was yet again another strong quarter for us. Leasing volumes continued at a record level. We had an 80 basis-point gain in occupancy compared to a year ago and 40 basis-point gain compared to last quarter. As a result of the ...
Macerich(MAC) - 2023 Q1 - Quarterly Report
2023-05-08 14:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No.: 1-12504 THE MACERICH COMPANY (Exact name of registrant as specified in its charter) Maryland 95-4448705 (State or other juri ...