With 2.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.07 million shares. During the session, the REIT – Retail company that operates in wider Real Estate sector, reached to the highest price of $17.03 whereas the lowest price it dropped to was $16.07. The 52-week range on MAC shows that it touched its highest point at $22.27 and its lowest point at $12.60 during that stretch. It currently has a 1-year price target of $20.26. With its current market cap of 4.25 billion, MAC has annualized dividend of $0.68 while the current yield stands at 4.20%. MAC paid its most recent dividend on 1741046400, while the ex-dividend date for that was 1741046400. Beta for the stock currently stands at 2.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MAC was down-trending over the past week, with a drop of -7.90%, but this was down by -22.23% over a month. Three-month performance dropped to -25.79% while six-month performance rose 5.54%. The stock gained 4.79% in the past year, while it has lost -18.67% so far this year. A look at the trailing 12-month EPS for MAC yields -1.09 with Next year EPS estimates of 0.04. For the next quarter, that number is -0.08. This implies an EPS growth rate of 93.55% for this year and 163.40% for next year.
Float and Shares Shorts:
At present, 252.93 million MAC shares are outstanding with a float of 250.67 million shares on hand for trading. On 2025-02-28, short shares totaled 16.41 million, which was 650.0 higher than short shares on 1738281600. In addition to Ms. Ann C. Menard J.D. as the firm’s Senior EVP, Chief Legal Officer & Secretary, Mr. Douglas J. Healey serves as its Senior EVP & Head of Leasing.
Institutional Ownership:
Through their ownership of 1.02867 of MAC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, MAC reported revenue of $273676000.0 and operating income of $61686000.0. The EBITDA in the recently reported quarter was $220799000.0 and diluted EPS was -$0.89.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MAC since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MAC analysts setting a high price target of 25.0 and a low target of 14.4, the average target price over the next 12 months is 20.45714. Based on these targets, MAC could surge 54.32% to reach the target high and fall by -11.11% to reach the target low. Reaching the average price target will result in a growth of 26.28% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.11714 being high and $0.1112 being low. For MAC, this leads to a yearly average estimate of $0.11417. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.04.
