Citigroup Upgrades Six REITs In One Morning [Yahoo! Finance]
Macerich Company (The) (MAC)
Last macerich company (the) earnings: 2/6 07:00 am
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macerich.com/investors
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Source: Yahoo! Finance
envisions three rate cuts coming in 2024, sparking a rally in real estate investment trusts (REITs). On March 22, three analysts from Citigroup kept that enthusiasm going by upgrading a half dozen REITs and raising price targets on all six. Take a look at the REITs receiving upgrades this week, along with some positives that each REIT has going for it. Macerich Co. (NYSE: MAC ) is a Santa Monica, California-based retail REIT that specializes in the acquisition, leasing and management of 44 regional town center malls across the U.S. Macerich was founded in 1972 and had its initial public offering (IPO) in 1994. Macerich has recently developed new leadership. On March 1, Jackson Hsieh was appointed president and CEO of the company. On March 12, Hsieh and other Macerich senior executives celebrated 30 years of being in business as a public company by ringing the opening bell at the New York Stock Exchange. On March 22, Citigroup analyst Nicholas Joseph upgraded Macerich from Sell
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News
- Macerich Declares the Quarterly Dividend on Its Common SharesGlobeNewswire
- Macerich Celebrates Earth Month With ‘You Pledge We Plant' Campaign, Industry Recognition [Yahoo! Finance]Yahoo! Finance
- Macerich Celebrates Earth Month With ‘You Pledge We Plant’ Campaign, Industry RecognitionGlobeNewswire
- Washington Square mall marks its 50th anniversary fully leased, adding 5 new stores [Yahoo! Finance]Yahoo! Finance
- The Macerich Company (NYSE: MAC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
MAC
Earnings
- 2/7/24 - Beat
MAC
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- MAC's page on the SEC website