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 $16.01, up 2.17% from the previous day, and has increased 55.29% in one year. It has overperformed other stocks in the REIT - Retail industry by 0.51 percentage points. Macerich Co stock is currently +76.91% from its 52-week low of $9.05, and -9.5% from its 52-week high of $17.69.
As of Apr 29, 2024, there are 215.72M shares of MAC outstanding. The market capitalization of MAC is $3.45B. In the past 24 hours, 1.38M MAC shares were traded.
How to Buy Macerich Co Stock
Wondering how to invest in Macerich Co stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your info.
- 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).
- 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.
- 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.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
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.
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 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 1.41x, relative to REIT - Retail industry P/B ratio of 1.99x
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 2.04.
- Total MAC debt is higher than 5 years ago, relative to shareholder equity.
- MAC's operating cash flow of $295.50M allows it to safely service it's debt of $4.41B.
- MAC profit margin has gone down from -7.7% to -31% in the past year.
- MAC earnings of -$101.64M 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 4 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.
You can dive deeper into what analysts are projecting on the Macerich Co stock forecast page.
MAC Technical Indicators
How are MAC Revenues/Earnings doing?
Last year, MAC revenue was $884.07M. In the last 5 year, MAC's revenue has gone up by -1.64% per year. This was slower than the REIT - Retail industry average of 11.51%.
You can analyze MAC's earnings and revenue performance here.
Latest Insiders Trades at MAC
In the past 12 months, executives and large shareholders at MAC have sold more shares than they have bought.
Edward C. Coppola, Director of MAC, was the latest MAC insider to sell. They sold $1,289,250.00 worth of MAC stock on Mar 28, 2024.
Research more about who owns MAC shares here.
Can I rely on MAC as an income stream?
Macerich Co pays a dividend of 4.25%, compared to the REIT - Retail industry's average dividend yield of 4.53%. If you owned $1,000 worth of MAC stock, you would have been paid $42.47 last year.
Macerich Co dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Macerich Co dividend yield and history here.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your MAC purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your MAC investment
Now that you own some MAC stock, you'll want to keep up with your new shares.
Put MAC on a watchlist to get the latest updates about your MAC stock.
MAC Feed
How to Buy Stock in Macerich Co
To reiterate, here are the 6 steps you need to take to buy Macerich Co stock right now:
- Decide where to buy Macerich Co stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Macerich Co stock
- Place your MAC purchase
- Keep tabs on your MAC investment
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Macerich Co, create your watchlist below.
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