Macerich announces fourth quarter 2024 earnings release on February 27, 2025, with a conference call for discussion.
Quiver AI Summary
Macerich announced its schedule for the release of its Fourth Quarter 2024 earnings, set for February 27, 2025, before the market opens. The management will host a conference call at 10:00 am Pacific Time on the same day to discuss the results, with participants needing to register to receive dial-in details. The earnings call can also be accessed via a live webcast available on the company's Investor Relations website. Macerich is a prominent real estate investment trust focusing on high-quality retail properties, particularly in densely populated U.S. markets, managing 43 million square feet of real estate primarily through 40 retail centers. The company is committed to sustainability and has received top rankings for its environmental practices over the past decade. Further investor information can be found on their website and social media platforms.
Potential Positives
- Macerich is set to release its Fourth Quarter 2024 earnings on February 27, 2025, allowing investors to stay informed about the company's financial performance.
- The upcoming conference call is a valuable opportunity for investors to gain insights directly from management regarding quarterly results.
- Macerich's commitment to sustainability is highlighted by its recognition as a leader in the Global Real Estate Sustainability Benchmark for ten consecutive years, enhancing its reputation in the market.
- The company maintains a robust online presence for investor engagement, offering multiple access points to financial information and disclosures.
Potential Negatives
- The announcement does not provide any detailed information about the company's financial performance for the fourth quarter of 2024, which may raise concerns among investors about the company's transparency and communication practices.
- The necessity for participants to register to access the conference call may limit attendance and engagement, potentially leading to dissatisfaction among investors seeking to understand the company's performance.
- There is no mention of specific strategies or goals the company aims to discuss during the call, which may leave investors uncertain about the company's direction and performance outlook.
FAQ
When will Macerich announce its fourth quarter 2024 earnings?
Macerich will release its fourth quarter 2024 earnings results on February 27, 2025, before market open.
What time is the earnings conference call?
The earnings conference call will be held at 10:00 am Pacific Time on February 27, 2025.
How can I access the Macerich earnings call?
Participants can join by registering through the dial-in link or accessing the live webcast on the company's website.
Will a replay of the earnings call be available?
Yes, a replay of the earnings call will be available in the Investors Section of Macerich’s website after the live broadcast.
Where can I find more information about Macerich?
For more information about Macerich, visit their Investor Relations website at https://investing.macerich.com or their official website at www.Macerich.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MAC Insider Trading Activity
$MAC insiders have traded $MAC stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MAC stock by insiders over the last 6 months:
- ANDREA M STEPHEN sold 63,289 shares for an estimated $1,303,120
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MAC Hedge Fund Activity
We have seen 139 institutional investors add shares of $MAC stock to their portfolio, and 129 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 11,679,276 shares (+12475.9%) to their portfolio in Q3 2024, for an estimated $213,029,994
- DEUTSCHE BANK AG\ removed 4,160,673 shares (-88.0%) from their portfolio in Q3 2024, for an estimated $75,890,675
- CITADEL ADVISORS LLC added 2,528,194 shares (+19447646.2%) to their portfolio in Q3 2024, for an estimated $46,114,258
- WELLINGTON MANAGEMENT GROUP LLP removed 2,421,824 shares (-69.5%) from their portfolio in Q3 2024, for an estimated $44,174,069
- CENTERSQUARE INVESTMENT MANAGEMENT LLC added 1,676,771 shares (+282.0%) to their portfolio in Q3 2024, for an estimated $30,584,303
- BAMCO INC /NY/ added 1,494,145 shares (+742.3%) to their portfolio in Q3 2024, for an estimated $27,253,204
- RUSSELL INVESTMENTS GROUP, LTD. removed 1,091,221 shares (-81.5%) from their portfolio in Q3 2024, for an estimated $19,903,871
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SANTA MONICA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) --
WHAT : Macerich (NYSE: MAC) Schedules Fourth Quarter 2024 Earnings Release and Conference Call
WHEN: Earnings Results will be released before market open on Thursday, February 27, 2025. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on that same day to discuss quarterly results.
WHERE: Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the webcast registration link below or in the Investors Section of the company’s website at https://investing.macerich.com/ .
Dial-In Registration:
https://register.vevent.com/register/BId38ce799cf58468cbeb137227c905ca2
Webcast Registration:
https://edge.media-server.com/mmc/p/cmwgff9h
REBROADCAST: Following the live webcast, a replay will be available in the Investors Section of the Company’s website at https://investing.macerich.com/ .
About Macerich
Macerich is a fully integrated, self-managed, 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 43 million square feet of real estate, consisting primarily of interests in 40 retail 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 ten consecutive years (2015-2024). For more information, please visit
www.Macerich.com
.
Macerich uses, and intends to continue to use, its Investor Relations website, which can be found at investing.macerich.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about Macerich can be found through social media platforms such as LinkedIn. Reconciliations of non-GAAP financial measures, including NOI and FFO, to the most directly comparable GAAP measures are included in the earnings release and supplemental filed on Form 8-K with the SEC, which are posted on the Investor Relations website at
investing.macerich.com
.
MAC-I
SOURCE: Macerich
INVESTOR CONTACT: Samantha Greening, AVP Investor Relations, [email protected]