3. As of noon trading, Macerich Company ( MAC) is down $0.75 (-1.1%) to $69.30 on average volume Thus far, 364,370 shares of Macerich Company exchanged hands as compared to its average daily volume of 780,700 shares. The stock has ranged in price between $69.18-$70.36 after having opened the day at $69.92 as compared to the previous trading day's close of $70.05.

The Macerich Company is an independent real estate investment trust. The firm invests in the real estate markets of the United States. Macerich Company has a market cap of $9.6 billion and is part of the financial sector. The company has a P/E ratio of 34.3, above the S&P 500 P/E ratio of 17.7. Shares are up 20.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Macerich Company as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Macerich Company Ratings Report now.

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