Long-Term Potential Remains Strong With Macerich Company (MAC)

    Stephen Andrea M, Director, added 10,000 shares of Macerich Company (MAC) to its portfolio at the rate of $34.80 per share valuing $348,000 on Jun 11. The insider has now 20,000 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Macerich Company (MAC) was $35.24. Currently, the 1st Resistance Point for this stock is $35.66, with a 2nd Resistance Point sitting at $36.07. Meanwhile, this company’s stock has a 1st Support Level at $34.90 and a 2nd Support Level at $34.55. Macerich Company (MAC) stock has lost -$0.67, or -1.87%, in the past five days. In the last full month, these shares have lost -$6.35, or -15.27%. In the past three months, this stock’s price has fallen by -$8.21, or -18.90%. This year-to-date, Macerich Company (MAC) shares have lost -$8.04, or -18.58%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Macerich Company (MAC) stock, 80% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

    With 141,239 K shares outstanding, this company currently has a market capitalization of $4,909,467K. Macerich Company (MAC) generates $960,350 K in annual sales, amounting to annual net income of $60,020 K. This stock has generated a 1-Year Total Return of -37.38%, a 3-Year Total Return of -55.97%, and a 5-year Total Return of -47.54%. This stock’s 5-Year Dividend Growth is 25.85%, with its most recent dividend valued at $0.750 per share on 05/07/19. Its Annual Dividend Yield is 8.64%, and its Annual Dividend Rate is 3.00.

    In the most recently-reported fiscal quarter, which ended in Mar-19, Macerich Company (MAC) reported earnings of $0.81 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.80 per share, representing a 0.01 difference and 1.30% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.09 represented a 0 difference from the consensus estimate calling for $1.09 per share, which was a 0.34% surprise.

    For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.86 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was $0.87 and the low estimate was $0.83. In the year-ago quarter, Macerich Company (MAC) generated per-share earnings of $0.96. If the analysts are correct about the current quarter’s earnings, the growth will be -10.42% .

    Turning our focus now to insider trading activity, there have been 17 purchases (66,591 shares in total) and 3 sale (1,736 shares in total) in the last 3 months. In the last 6 months, there have been 22 insider buys amounting to 92,294 shares and 5 insider sales amounting to 11,103 shares. In the past full year, 25 insider purchases were made (involving 95,416 shares) and 9 insider sell-offs equivalent to 127,231 shares.

    Looking at this company’s capital structure, its Total Debt to Total Equity is 181.71, its Total Debt to Total Capital is 64.50, and its Total Debt to Total Assets is now 59.39. Looking even further ahead into the future, its Long-Term Debt to Equity is 154.79 and its Long-Term Debt to Total Capital is 54.95.