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How to Buy Macerich Co Stock

Macerich Co

Macerich Co is a retail REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker MAC on the NYSE exchange.

Macerich Co stock last closed at $15.46, down 0.26% from the previous day, and has increased 27.45% in one year. It has overperformed other stocks in the REIT - Retail industry by 0.62 percentage points. Macerich Co stock is currently +67.86% from its 52-week low of $9.21, and -12.61% from its 52-week high of $17.69.

As of Jul 12, 2024, there are 215.75M shares of MAC outstanding. The market capitalization of MAC is $3.34B. In the past 24 hours, 1.91M MAC shares were traded.

How to Buy Macerich Co Stock

Wondering how to invest in Macerich Co stock? Here's how.
  1. Decide where to buy Macerich Co stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Macerich Co stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Select your payment method and add your info.
  4. Analyze Macerich Co stock: The Macerich Co ticker symbol is MAC. Is Macerich Co stock a good investment? Should you buy shares of MAC? How do MAC's underlying business fundamentals look? Do top analysts think Macerich Co is a good buy? Why has MAC's stock price moved recently? (Hint: Our stock research tools can help you figure out if MAC is a good stock to buy).
  5. Place your MAC purchase: Decide if you will purchase MAC shares at the current market price or use a limit order to buy MAC shares at a specific price.
  6. Keep tabs on your MAC investment: Create a watchlist to the latest updates on your investment in Macerich Co stock.

Step 1: Decide where to buy Macerich Co stock

You will need a brokerage account in order to access the NYSE market and buy MAC shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you can invest in MAC stock today.

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Step 3: Deposit funds into your investment account

Now that you have opened your account on a good stock buying app, you need to deposit funds:

Check out the video below for more details transferring funds into your brokerage account.

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Step 4: Analyze Macerich Co stock

Once you have chosen the best place to buy Macerich Co stock, it's important to research their stock before you invest, so you actually comprehend the risk and opportunity.

Macerich Co quick stats

MAC Price
$15.46
1w %
5.96%
1y %
27.45%
5y %
-53.67%
P/E
-9.66x
P/B
1.46x
P/S
3.8x
PEG
N/A
Revenue
$878.00M
Earnings
-$342.06M
Fore. Rev. Growth
2.5%
Fore. Earn. Growth
N/A
Market Cap
$3.34B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

MAC Overview

WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on MAC's stock page.

What is the fair value of MAC stock?

Analysts use many financial metrics, analyses, models, and charts to gauge MAC's fair value.

Using relative valuations methods:

  • MAC could be undervalued based on its P/B ratio of 1.46x, relative to REIT - Retail industry P/B ratio of 1.94x

You can do more valuation analysis on MAC's stock here.

How do MAC Financials look?

Negative Health Checks:

  • MAC has a relatively high debt to equity ratio of 2.19.
  • Total MAC debt is higher than 5 years ago, relative to shareholder equity.
  • MAC's operating cash flow of $275.87M allows it to safely service it's debt of $4.46B.
  • MAC profit margin has gone down from -10.2% to -39% in the past year.
  • MAC earnings of -$156.21M is not enough to cover its interest payments.

Do Wall Street analysts think it's a good time to buy Macerich Co stock

Out of 7 Equities analysts who give recommendations on MAC, the consensus analyst rating on Macerich Co is a Sell

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent MAC Analyst Ratings

Ki Bin Kim, a top 14% analyst from Truist Securities reiterates MAC with a hold rating and maintains their MAC price target from $16.00 to $16.00, on Mar 25, 2024.

Nicholas Joseph, a bottom 14% analyst from Citigroup upgrades MAC to a hold rating and raises their MAC price target from $8.00 to $17.00, on Mar 22, 2024.

You can dig deeper into what analysts are projecting on the Macerich Co stock forecast page.

MAC Technical Indicators

SMA10
15.01
SMA20
14.89
SMA50
15.01
SMA100
15.62
SMA200
14.44
MACD
0.06
MACD Signal
-0.04
MACD Histogram
0.09
RSI
56.88
Stochastic %K
73.31
Stochastic %D
64.08
StochRSI %K
90.97
StochRSI %D
73.14

MAC Performance Numbers

Last year, MAC revenue was $878.00M. Over the last five year, MAC's revenue has gone up by -1.57% per year. This was slower than the REIT - Retail industry average of 10.9%.

You can research MAC's earnings and revenue performance here.

Are MAC executives and large shareholders buying or selling the stock?

In the last 12 months, executives and large shareholders at MAC have sold more shares than they have bought.

Kenneth Volk, EVP Business Development of MAC, was the latest MAC insider to buy. They bought $77,025.00 worth of MAC stock on May 10, 2024.

Get more info about who owns MAC stock here.

Does MAC stock generate passive income?

Macerich Co pays a dividend of 4.4%, compared to the REIT - Retail industry's average dividend yield of 4.11%. If you owned $1,000 of MAC stock, you would have received $43.98 in the past year.

Macerich Co dividend payments have not consistently grown over the past decade and have not remained stable.

Find more info about Macerich Co dividend yield and history here.

MAC Social Trading Data

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Step 5: Place your MAC purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Hit the Open Trade button and eToro will execute your order.

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Step 6: Keep tabs on your MAC investment

Now that you own some shares in MAC, you'll want to keep up with your shares.

Make a watchlist to keep track of your MAC stock.

MAC Feed

How to Buy Stock in Macerich Co

To reiterate, here are the 6 steps to buy stock in Macerich Co:

  1. Decide where to buy Macerich Co stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Macerich Co stock
  5. Place your MAC purchase
  6. Keep tabs on your MAC investment

If you are looking for a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your new investment in Macerich Co, create a watchlist on WallStreetZen today.

NYSE: MAC
$15.46-0.04 (-0.26%)
Updated Jul 12, 2024
Open eToro Account
NYSE: MAC
$15.46-0.04 (-0.26%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Macerich Co share?

As of Jul 12, 2024, it costs $15.46 to buy one share of Macerich Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.453 shares of MAC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Macerich Co stock?

According to 7 Wall Street analysts who monitor Macerich Co, their consensus recommendation is to sell Macerich Co stock.

What is the best way to buy Macerich Co stock?

One way to place an order for Macerich Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.