Macerich (NYSE:MAC – Get Free Report) is one of 24 publicly-traded companies in the “REIT – EQTY TRUST – RETAIL” industry, but how does it compare to its competitors? We will compare Macerich to similar companies based on the strength of its dividends, institutional ownership, valuation, profitability, risk, analyst recommendations and earnings.
Earnings & Valuation
This table compares Macerich and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Macerich | $1.01 billion | -$197.15 million | -27.82 |
| Macerich Competitors | $1.57 billion | $468.16 million | 36.56 |
Macerich’s competitors have higher revenue and earnings than Macerich. Macerich is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
Macerich has a beta of 2.2, suggesting that its stock price is 120% more volatile than the S&P 500. Comparatively, Macerich’s competitors have a beta of 0.96, suggesting that their average stock price is 4% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent recommendations for Macerich and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Macerich | 3 | 3 | 7 | 0 | 2.31 |
| Macerich Competitors | 379 | 2189 | 2328 | 86 | 2.43 |
Macerich presently has a consensus target price of $20.83, indicating a potential downside of 2.76%. As a group, “REIT – EQTY TRUST – RETAIL” companies have a potential upside of 1.48%. Given Macerich’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Macerich has less favorable growth aspects than its competitors.
Insider & Institutional Ownership
87.4% of Macerich shares are owned by institutional investors. Comparatively, 85.3% of shares of all “REIT – EQTY TRUST – RETAIL” companies are owned by institutional investors. 0.2% of Macerich shares are owned by insiders. Comparatively, 8.8% of shares of all “REIT – EQTY TRUST – RETAIL” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Macerich and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Macerich | -19.44% | -7.32% | -2.25% |
| Macerich Competitors | 30.04% | 11.28% | 4.19% |
Dividends
Macerich pays an annual dividend of $0.68 per share and has a dividend yield of 3.2%. Macerich pays out -88.3% of its earnings in the form of a dividend. As a group, “REIT – EQTY TRUST – RETAIL” companies pay a dividend yield of 3.3% and pay out -1.3% of their earnings in the form of a dividend.
Summary
Macerich competitors beat Macerich on 11 of the 15 factors compared.
Macerich Company Profile
Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 47 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015-2023).
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