Professional
Added to YB: 2025-05-02
Pitch date: 2025-03-31
MAC [neutral]
The Macerich Company
+51.12%
current return
Author Info
No bio for this author
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Company Info
The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT).
Market Cap
$6.9B
Pitch Price
$16.34
Price Target
N/A
Dividend
2.78%
EV/EBITDA
21.25
P/E
-37.32
EV/Sales
11.39
Sector
Retail REITs
Category
value
Show full summary:
Baron Real Estate Fund Portfolio Holding: The Macerich Company
MAC (holding update): REIT owning high-quality US malls under new mgmt. Transforming portfolio quality, growth potential, and balance sheet health. Trades <10x forward FFO (depressed earnings) vs historical 15-17x FFO norm. Multiple expansion likely as transformation succeeds.
Read full article (1 min)