Previous close | 11.31 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 490 |
Market cap | 16.36M |
Beta (5Y monthly) | 2.15 |
PE ratio (TTM) | 0.57 |
EPS (TTM) | 0.19 |
Earnings date | 31 Oct 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 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.