MAC
vs
S&P 500
MAC
S&P 500
Over the past 12 months, MAC has underperformed S&P 500, delivering a return of -7% compared to the S&P 500's +14% growth.
Stocks Performance
MAC vs S&P 500
Performance Gap
MAC vs S&P 500
Performance By Year
MAC vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Macerich Co
Glance View
Macerich Co., founded in 1964, has evolved into one of the premier owners and operators of high-quality shopping centers in the United States. Specializing in the development, leasing, marketing, and management of an iconic portfolio of retail spaces, Macerich's business model centers around generating revenue through leasing agreements with diverse, mostly high-end retailers. Storefronts in strategic, bustling locations across major metropolitan areas not only draw continuous foot traffic but also help Macerich maintain robust occupancy rates. By crafting vibrant shopping environments that integrate both shopping and entertainment, Macerich appeals to consumer trends that favor experiential retail. Beyond traditional leasing, Macerich has strategically embraced the shift in consumer behavior by incorporating mixed-use spaces into its developments, which include residential, office, and hotel components. This diversification has allowed the company to capitalize on a broader spectrum of rental income, cushioning against retail sector volatility. By focusing on properties in densely populated urban areas with high barriers to entry, the company preserves asset value and leverages market dynamics in its favor. Through innovative property enhancements and effectively curating tenant mixes that mirror evolving consumer tastes, Macerich ensures its shopping destinations are not just places to shop, but integral parts of local community ecosystems.
