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Macerich Co. - MAC STOCK NEWS

Welcome to our dedicated news page for Macerich Co. (Ticker: MAC), a resource for investors and traders seeking the latest updates and insights on Macerich Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Macerich Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Macerich Co.'s position in the market.

News
Macerich Reports Fourth Quarter 2023 Results
Rhea-AI Summary
The Macerich Company (NYSE: MAC) has released its Fourth Quarter 2023 Earnings Results and Supplemental Information, with a conference call scheduled to discuss quarterly results. The company has posted the information on its website and provided links for dial-in and webcast registration. A replay of the webcast will be available for 90 days following the live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
earnings
-
News
The Macerich Company Announces CEO Change
Rhea-AI Summary
Macerich Company announces the retirement of CEO Tom O'Hern after 30 years of service, with Jackson Hsieh named as his successor. Hsieh's extensive real estate experience and successful track record make him a suitable choice to lead the company. The retirement of O'Hern and President Edward Coppola marks the end of an era, as both have played pivotal roles in the company's growth and success. Macerich is poised for long-term growth and success with a focus on delivering unique experiences for shoppers and enhanced value for stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
none
-
News
Macerich Declares the Quarterly Dividend on Its Common Shares
Rhea-AI Summary
The Macerich Company (MAC) has declared a quarterly cash dividend of $.17 per share of common stock, payable on March 4, 2024. The dividend is a positive sign for investors, indicating the company's financial stability and commitment to shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.09%
Tags
dividends
News
Macerich to Welcome Level99 to Tysons Corner Center
Rhea-AI Summary
Macerich (NYSE: MAC) will introduce Level99, an interactive entertainment destination for adults, to Tysons Corner Center in 2025. The 40,000-square-foot space will offer live-action, challenge-based entertainment, craft beverages, and farm-to-table dining, catering to grown-ups. Level99 CEO, Matt DuPlessie, highlighted the open-world format for guests to discover and explore, offering mental, physical, communication, and skill challenges. The space will accommodate up to 600 players/guests simultaneously, fueled by a 300-seat taproom and scratch kitchen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.76%
Tags
none
-
News
Macerich to Welcome Life Time to Twenty Ninth Street in Boulder
Rhea-AI Summary
Macerich announces the arrival of Life Time, a luxury health and wellness brand, at Twenty Ninth Street in Boulder, Colorado in 2025. The 40,000-square-foot space will replace the former Colorado Athletic Club, offering high-quality fitness and lifestyle programs. The move is expected to enhance the wellness and lifestyle offerings at Twenty Ninth Street, adjacent to Google's Boulder campus and the University of Colorado Boulder.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
-
News
Macerich Announces Tax Treatment Of 2023 Dividends
Rhea-AI Summary
The Macerich Company (MAC) disclosed the tax treatment for dividend distributions taxable in 2023 on its Common Stock. In 2023, Macerich paid dividends of $.68 per share, classified for income tax purposes as Taxable Ordinary Dividends and Section 199A Dividends. The company's Record Date, Payable Date, and Rate per Share for each dividend distribution in 2023 were also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
dividends
News
Macerich Schedules Fourth Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Macerich (MAC) has scheduled the release of its fourth-quarter 2023 earnings results for February 7, 2024, before the market opens. The management will hold a conference call at 10:00 am Pacific Time on the same day to discuss quarterly results. Participants can join the conference call by telephone or live webcast, with a replay available for 90 days following the live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
earnings
-
News
Hudson Pacific and Macerich Complete $700 Million Sale of One Westside and Westside Two
Rhea-AI Summary
Hudson Pacific Properties, Inc. (NYSE: HPP) and Macerich (NYSE: MAC) announced the sale of One Westside and Westside Two in Los Angeles to the Regents of the University of California for $700 million. Hudson Pacific held a 75% interest and Macerich a 25% interest in the joint venture that owned the assets, which total approximately 687,000 square feet. The sale significantly bolsters Hudson Pacific's balance sheet, with no debt maturities until year-end 2025. Macerich also aims to maximize value for stakeholders and improve liquidity profile with the net proceeds. Hudson Pacific used net proceeds to repay amounts outstanding on its unsecured revolving credit facility, addressing debt maturities until December 2025 and strengthening compliance with unsecured revolving credit facility covenants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.26%
Tags
none
-
News
Macerich Completes $710 Million Refinancing of Tysons Corner Center
Rhea-AI Summary
Macerich (NYSE: MAC) announced the successful closure of a $710 million refinance for Tysons Corner Center in Northern Virginia. The new CMBS loan has a fixed interest rate of 6.60% and matures on Dec. 6, 2028, replacing an existing $666 million loan. Tysons Corner Center, a 1.8 million square foot retail powerhouse, generates $1,200 sales per square foot and had a leased occupancy of 96% as of Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
News
Macerich Reports Third Quarter 2023 Results
Rhea-AI Summary
The Macerich Company has released its Third Quarter 2023 Earnings Results and Supplemental Information. A conference call will be held to discuss quarterly results. Participants can join the call by telephone or access the webcast. A replay of the webcast will be available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
earnings
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Macerich Co.

NYSE:MAC

MAC Rankings

#1456 Ranked by Market Cap
#2889 Ranked by Stock Gains
#760 Ranked by Dividends

MAC Stock Data

3.62B
214.17M
0.61%
89.85%
5.82%
Other Financial Vehicles
Finance and Insurance
Link
US
Santa Monica

About MAC

macerich (nyse: mac) an s&p 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the united states. macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in california, arizona, chicago, greater new york metro and washington, dc. additional information about macerich can be obtained from the company’s website at www.macerich.com.