Welcome to our dedicated page for Macerich news (Ticker: MAC), a resource for investors and traders seeking the latest updates and insights on Macerich stock.
Macerich (NYSE: MAC), a leading retail-focused real estate investment trust (REIT), provides investors and industry professionals with timely updates through this centralized news hub. Track official press releases, financial disclosures, and strategic developments related to the company’s portfolio of premium regional malls and urban retail properties.
This resource offers critical insights into Macerich’s operational milestones, including leasing activity, property redevelopments, and financial performance. Users gain access to verified information on earnings announcements, leadership updates, and market expansion initiatives across key regions like California, New York, and Washington, D.C.
For consistent monitoring of MAC’s retail real estate strategies, bookmark this page or visit regularly. All content is sourced directly from the company and reputable financial publications to ensure accuracy and compliance with regulatory standards.
Macerich (NYSE: MAC) has announced its upcoming First Quarter 2025 earnings release and conference call schedule. The company will release its earnings results before market open on Monday, May 12, 2025. Management will host a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on the same day to discuss the quarterly results.
Participants can join via telephone by registering through a dial-in link to receive their personalized access credentials. Alternatively, they can access the live webcast through the company's Investors Section website. A replay of the webcast will be available in the Investors Section after the live event.
Macerich (NYSE: MAC) has secured a multi-year exclusive sponsorship agreement with PenFed Credit Union for Tysons Corner Center Plaza in Virginia. The outdoor event space will be renamed to 'PenFed Plaza at Tysons Corner Center'.
The partnership includes exclusive branding opportunities across the 1.8 million square foot shopping center, featuring new plaza logo, digital signage, and presenting sponsorship of signature events. PenFed members will receive special perks like VIP seating at Plaza events.
The agreement covers:
- Permanent signage promoting PenFed Plaza
- Presenting sponsorship of annual events including Paws on the Plaza and Holiday Kick-Off Celebration
- Sponsorship of the Tysons Corner Center Wi-Fi network
- Content programming on a new Plaza-facing digital display
Macerich (NYSE: MAC) has announced key developments for its HiFi project, a 25-acre mixed-use outdoor development adjacent to FlatIron Crossing in Colorado's Denver-Boulder corridor. The project will be anchored by Pindustry, a two-level, 34,000-square-foot entertainment venue featuring bowling, arcade games, and dining facilities.
The development includes NOVEL FlatIron by Crescent Communities, a five-story luxury residential complex with 345 units currently under construction. Both Pindustry and NOVEL FlatIron are scheduled to open in 2027 as part of the phased development plan.
HiFi will feature green spaces for events, concerts, and markets, emphasizing walkability and community connection. The project, which broke ground in summer 2024, is part of Macerich's Path Forward Plan to strengthen its key properties. FlatIron Crossing currently houses nearly 200 retailers including Apple, Macy's, and AMC Theatres.
Macerich (NYSE: MAC) has announced the release of its Fourth Quarter 2024 Earnings Results and Supplemental Information, which has been posted to the company's Investor Relations website.
The company has scheduled a conference call for February 27, 2025, at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) to discuss the quarterly results. Interested participants can join via telephone registration or live webcast, with a replay available afterward in the Investors Section of Macerich's website.
Macerich Company (NYSE: MAC) announced that Jack Hsieh, President and CEO, and Dan Swanstrom, Senior Executive VP, CFO, and Treasurer, will participate in a round table presentation at Citi's 2025 30th Annual Global Property CEO Conference.
The presentation is scheduled for Tuesday, March 4, 2025, at 1:30 pm Eastern Time. Investors can access a live audio webcast of the presentation through the Investors section of Macerich's website at investing.macerich.com, where a replay will also be available afterward.
Macerich is based in Santa Monica, California, and trades on the New York Stock Exchange under the ticker symbol MAC.
The Macerich Company (NYSE: MAC) has announced its Board of Directors has declared a quarterly cash dividend of $0.17 per share of common stock. The dividend will be paid on March 18, 2025, to shareholders who are recorded as stockholders at the close of business on March 4, 2025.
Macerich (NYSE: MAC) has announced its schedule for the Fourth Quarter 2024 earnings release and conference call. The company will release its earnings results before market open on Thursday, February 27, 2025. Management will host a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on the same day to discuss the quarterly results.
Participants can join via telephone by registering through a dial-in link or access the live webcast through the company's Investors Section. A replay of the webcast will be available in the Investors Section of Macerich's website after the live event.
Macerich (NYSE: MAC) has appointed Devin Murphy to its Board of Directors, effective February 1, 2025, expanding the board to nine directors with eight being independent. Murphy brings significant retail REIT experience, having served as President of Phillips Edison & Company (PECO) from 2019 to 2024 and CFO for six years prior. He also brings nearly three decades of investment banking experience, including senior roles at Morgan Stanley and Deutsche Bank, where he led over 500 transactions worth more than $400 billion as Global Head of Real Estate Investment Banking.
The appointment aligns with Macerich's Path Forward plan, launched in May, which focuses on simplifying business operations, improving performance, and reducing leverage. Murphy currently serves as a Senior Advisor to Fifth Wall and as a Director of CoreCivic, bringing additional governance experience to the board.
Macerich (NYSE: MAC) has disclosed the tax treatment for its 2024 dividend distributions on Common Stock. The company paid total dividends of $0.68 per share during the calendar year, distributed in four equal quarterly payments of $0.17 per share.
For each quarterly dividend payment, the tax treatment breakdown was consistent: $0.09 was classified as Capital Gain Distribution and $0.08 as Nondividend Distribution. Notably, there were no Taxable Ordinary Dividends, Section 199A Dividends, or Qualified Dividends for the year.
Macerich (NYSE: MAC) has priced an upsized public offering of 20 million shares of common stock at $19.75 per share, expecting to raise approximately $395 million in gross proceeds. The offering, increased from the initially announced 18 million shares, includes a 30-day option for underwriters to purchase up to 3 million additional shares. The company plans to use the proceeds, along with cash on hand, to repay a $478 million mortgage loan with a 9.0% fixed interest rate secured by its Washington Square property. The offering is expected to close on November 27, 2024.
