|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||2.15|
|PE ratio (TTM)||0.57|
|Earnings date||31 Oct 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Macerich's (MAC) success story at Kings Plaza in Brooklyn serves as a testament to its strategic vision and adaptability in the retail industry.
A robust retail real estate market and focus on omni-channel retailing and developing mixed-use assets will aid Macerich (MAC). However, e-commerce adoption and high interest rates are key woes.
Boosting its liquidity and flexibility to capitalize on long-term growth opportunities, Macerich (MAC) amends and restates its existing revolving credit facility with a $650 million facility.