MAC Stock Recent News

Dividend stocks are facing many big risks. The high interest rates, trade war, and AI revolution could lead to many dividend cuts. I discuss what this all means for dividend investors.

US equity markets surged this week - extending a dramatic post "Liberation Day" rebound - after the White House announced a trade truce with China, while investors cheered surprisingly cool inflation data. Quelling one of the primary recession risks, the U.S. and China reached a surprising breakthrough in agreeing to slash tariffs to pre-retaliation levels during a 90-day negotiating period. More good news on the inflation front. Despite the broad-based tariff hikes in April, the critical CPI and the PPI both showed the lowest annual increase in inflation since 2021.

REITs should do fine overall in the coming years. But some specific REITs should crush the rest of the market. Peak pessimism leads to massive opportunities. I explain how you can win big when investing in individual REITs.

MAC's Q1 results reflect healthy leasing, driving same-center NOI and higher base rent re-leasing spreads. Yet, occupancy declines and costs rise year over year.

The Macerich Company (NYSE:MAC ) Q1 2025 - Earnings Conference Call May 12, 2025 1:00 PM ET Company Participants Samantha Greening - Director, IR Jack Hsieh - President & CEO Dan Swanstrom - SEVP & CFO Doug Healey - SEVP, Leasing Brad Miller - SVP, Portfolio Management Conference Call Participants Ki Bin Kim - Truist Craig Mailman - Citi Linda Tsai - Jefferies Ronald Kamdem - Morgan Stanley Samir Khanal - Bank of America Floris Van Dijkum - Compass Point Greg McGinnis - Scotiabank Vince Tibone - Green Street Omotayo Okusanya - Deutsche Bank Alexander Goldfarb - Piper Sandler Haendel St. Juste - Mizuho Caitlin Burrows - Goldman Sachs Michael Mueller - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2025 Macerich Earnings Conference Call. At this time, all participants are in a listen only mode.

The headline numbers for Macerich (MAC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.31 per share a year ago.

SANTA MONICA, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its First Quarter 2025 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com.

Evaluate the expected performance of Macerich (MAC) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Macerich's recovery is evident with rising occupancy rates, strong leasing activity, and improved foot traffic, making it an attractive investment despite past challenges. The company's strategic moves, including full ownership of key malls and a focus on affluent markets, bolster its long-term cash flow prospects. Debt remains a concern, but the "Path Forward" plan aims to reduce it significantly, with positive investor response and stock performance.