Macerich Company (MAC) EPS Estimated At $1.14

January 19, 2018 - By Migdalia James

 Macerich Company (MAC) EPS Estimated At $1.14
Investors sentiment increased to 0.95 in Q3 2017. Its up 0.17, from 0.78 in 2017Q2. It increased, as 19 investors sold Macerich Company shares while 114 reduced holdings. 39 funds opened positions while 87 raised stakes. 134.98 million shares or 0.62% more from 134.15 million shares in 2017Q2 were reported.
Pacad Investment reported 2,800 shares stake. Bnp Paribas Asset Hldg invested 0% in Macerich Company (NYSE:MAC). Cbre Clarion Secs Ltd Liability stated it has 197,400 shares or 0.12% of all its holdings. California Public Employees Retirement Systems invested in 0.03% or 373,379 shares. Price Michael F reported 50,000 shares. Sun Life Fincl holds 0.05% of its portfolio in Macerich Company (NYSE:MAC) for 9,230 shares. Putnam Investments Limited Liability Corp invested in 12,234 shares or 0% of the stock. Ls Advsr reported 7,416 shares. Moreover, Commonwealth Fincl Bank Of Australia has 0% invested in Macerich Company (NYSE:MAC) for 115 shares. Profund Limited Com holds 0.02% of its portfolio in Macerich Company (NYSE:MAC) for 6,887 shares. Manning Napier Limited Liability Company reported 0.01% in Macerich Company (NYSE:MAC). Thrivent Fincl For Lutherans owns 55,588 shares. Ftb Advsrs Inc stated it has 394 shares. Oregon Pub Employees Retirement Fund invested in 0.01% or 13,179 shares. Liberty Mutual Gp Asset Mngmt holds 0.01% of its portfolio in Macerich Company (NYSE:MAC) for 4,823 shares.

Analysts expect Macerich Company (NYSE:MAC) to report $1.14 EPS on February, 5.They anticipate $0.03 EPS change or 2.56 % from last quarter’s $1.17 EPS. MAC’s profit would be $172.17 million giving it 13.76 P/E if the $1.14 EPS is correct. After having $0.96 EPS previously, Macerich Company’s analysts see 18.75 % EPS growth. The stock decreased 0.27% or $0.17 during the last trading session, reaching $62.73. About 281,563 shares traded. Macerich Company (NYSE:MAC) has declined 18.62% since January 19, 2017 and is downtrending. It has underperformed by 35.32% the S&P500.

Macerich Company (NYSE:MAC) Ratings Coverage

Among 21 analysts covering The Macerich Company (NYSE:MAC), 8 have Buy rating, 3 Sell and 10 Hold. Therefore 38% are positive. The Macerich Company had 48 analyst reports since July 21, 2015 according to SRatingsIntel. Canaccord Genuity initiated Macerich Company (NYSE:MAC) rating on Wednesday, July 22. Canaccord Genuity has “Hold” rating and $78 target. The firm has “Buy” rating by Zacks given on Thursday, September 17. The firm earned “Overweight” rating on Tuesday, September 26 by JP Morgan. The firm earned “Sector Perform” rating on Wednesday, January 3 by RBC Capital Markets. The company was maintained on Wednesday, October 7 by RBC Capital Markets. The firm has “Hold” rating given on Friday, August 4 by Boenning & Scattergood. The stock of Macerich Company (NYSE:MAC) has “Sector Perform” rating given on Tuesday, November 3 by RBC Capital Markets. The stock has “Hold” rating by Jefferies on Monday, July 17. The firm has “Hold” rating given on Monday, March 21 by Deutsche Bank. The firm has “Hold” rating by Jefferies given on Sunday, August 20.

The Macerich Company is an independent real estate investment trust. The company has market cap of $9.47 billion. The firm invests in the real estate markets of the United States. It has a 60.09 P/E ratio. It primarily engages in acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States.

More notable recent Macerich Company (NYSE:MAC) news were published by: Seekingalpha.com which released: “4.6% Dividend Yielding REIT Worth Holding But Not Buying” on November 14, 2017, also Bloomberg.com with their article: “Macerich Executives to Get $32 Million Sweetener If Firm Is Sold” published on November 21, 2017, Bloomberg.com published: “Dealmakers Go Mall Shopping, Even If You Don’t” on November 13, 2017. More interesting news about Macerich Company (NYSE:MAC) were released by: Therealdeal.com and their article: “Macerich is selling Westside Pavillion” published on November 01, 2017 as well as Seekingalpha.com‘s news article titled: “Separating The Wheat From The Chaff: Part II” with publication date: August 15, 2017.

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