Macerich Stock Price, News & Analysis

Macerich (NYSE: MAC) will release its Fourth Quarter 2021 Earnings on February 10, 2022, before market open. A conference call will follow at 10:00 AM PT (1:00 PM ET) to discuss the results. Investors can listen live via the company’s website. Macerich is a leading real estate investment trust (REIT) focused on acquiring, leasing, and managing regional malls in the U.S., particularly in densely populated areas along the West Coast and the Northeast. The company has been recognized for its sustainability efforts.

Macerich (NYSE: MAC) announces the addition of Pinstripes, an experiential dining and entertainment venue, to Broadway Plaza in Walnut Creek, California, set to open in late 2022. The 23,000 square-foot venue will provide Italian/American cuisine alongside bowling and bocce experiences. Macerich reports a 20% increase in comparable tenant sales in October compared to October 2019, and a 26% rise in signed leases over pre-COVID levels. These developments aim to enhance Broadway Plaza's appeal, contributing to the growth of Macerich's portfolio.

Macerich (MAC) and Life Time (LTH) announced plans for a new luxury athletic resort at Scottsdale Fashion Square, Arizona, set to open in 2023. This 40,000-square-foot facility will be Life Time's seventh location in Arizona and aims to enhance the shopping center's luxury offerings. The resort will feature group fitness studios, a rooftop beach club, and high-end amenities. This collaboration is part of Macerich's strategy to diversify its properties and enhance customer experiences in its premium retail locations.

The Macerich Company (NYSE: MAC) released its Third Quarter 2021 Earnings Results on November 3, 2021. The results are available on their investor relations website. A conference call discussing these results is scheduled for today at 10:00 am PT. Macerich, a leading real estate investment trust, operates 45 regional town centers across the U.S., focusing on attractive retail properties. The company has been recognized for its sustainability efforts, holding the top GRESB ranking in North American Retail for seven consecutive years.

Macerich (NYSE: MAC) announced the opening of a new Target store at Kings Plaza in Brooklyn, occupying a 90,000-square-foot space formerly held by JCPenney. This addition enhances Kings Plaza's status as the largest enclosed retail shopping center in Brooklyn and reflects a resurgence in local in-person shopping. The new Target joins other notable anchor replacements across Macerich's East Coast properties, including Primark and Scheel's All Sports. Macerich, a leading retail and mixed-use property owner, manages 49 million square feet across 45 centers, focusing on prime markets.

The Board of Directors of the Macerich Company declared a quarterly cash dividend of $.15 per share of common stock. This dividend will be paid on December 3, 2021 to stockholders of record by the close of business on November 9, 2021. Macerich is a self-managed real estate investment trust (REIT) focused on regional malls in the U.S., owning 49 million square feet across 45 shopping centers. The company has achieved #1 GRESB ranking in the North American Retail Sector for sustainability for seven consecutive years.

Macerich (NYSE: MAC) has been ranked #1 in GRESB's U.S. retail sector for the seventh consecutive year. In addition to its leadership in the U.S., Macerich secured the top spot for retail in the Americas and achieved a score of A for disclosure. This recognition highlights Macerich's commitment to sustainability and operational excellence. The company aims for carbon neutrality by 2030, as detailed in its June 2021 Corporate Responsibility Report, emphasizing strong environmental, social, and governance (ESG) performance.

Macerich has announced the schedule for its Third Quarter 2021 Earnings Release on November 3, 2021, before the market opens. A conference call will take place at 10:00 AM PT to discuss the results. Investors can listen live via a webcast on the company's website. A replay of the call will be available for 90 days following the event. Macerich, a self-managed REIT, owns 49 million square feet of real estate and has been recognized for sustainability excellence.

Macerich (NYSE: MAC) announced the launch of QuikSpace, a new digital platform aimed at simplifying short-term retail leasing. This platform offers one-click lease execution for terms up to 12 months, along with tools for account management and payment processing. Currently operational at six Macerich properties, QuikSpace will be rolled out portfolio-wide in early 2022. The initiative, in partnership with Yardi, aims to improve tenant engagement and streamline the leasing process, making it as effortless as booking a vacation home.