Steven Soboroff - Macerich Independent Director

MAC Stock  USD 21.15  0.22  1.05%   

Director

Mr. Steven L. Soboroff is Independent Director of the Company. He is the managing partner of Soboroff Partners, a shopping center development and leasing company, and has served in such capacity since 1978. In September 2017, Mr. Soboroff was selected to serve a second twoyear term as President of the Los Angeles Police Commission. In August 2013, Mr. Soboroff was appointed to the Board of Police Commissioners by Los Angeles Mayor Eric Garcetti and was chosen as the Commissions President by his fellow commissioners. After serving the maximum of two consecutive years as President, he then served as the Commissions Vice President from September 2015 to September 2017. During 2001 to 2010, he served in the roles of Chairman and CEO as well as President of Playa Vista, one of the countrys most significant multiuse real estate projects. Mr. Soboroff also was President of the Los Angeles Recreation and Parks Commission from 1995 to 2001 and a member of the Los Angeles Harbor Commission. In addition, Mr. Soboroff is a board member of several nonprofit philanthropic and academic organizations. since 2014.
Age 71
Tenure 10 years
Address 401 Wilshire Boulevard, Santa Monica, CA, United States, 90401-1452
Phone310 394 6000
Webhttps://www.macerich.com
Soboroff contributes to the mix of experience and qualifications of our Board through both his real estate and government experience and leadership. During his career in both the public and private sectors, Mr. Soboroff acquired significant financial, real estate, managerial, and public policy knowledge as well as substantial business and government relationships. Our Board values his extensive real estate knowledge and insight into retail operations, developments and strategy, and his wealth of government relations experience.

Macerich Management Efficiency

The current year's Return On Tangible Assets is expected to grow to -0.04. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Macerich's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 450.5 M, whereas Total Assets are forecasted to decline to about 7.1 B. Macerich's management efficiency ratios could be used to measure how well Macerich manages its routine affairs as well as how well it operates its assets and liabilities.
Macerich Company has 4.31 B in debt with debt to equity (D/E) ratio of 1.53, which is OK given its current industry classification. Macerich has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Macerich to invest in growth at high rates of return.

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Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. A recognized leader in sustainability, Macerich has achieved the 1 GRESB ranking in the North American Retail Sector for five straight years . Macerich operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 6 people. Macerich Company (MAC) is traded on New York Stock Exchange in USA. It is located in 401 Wilshire Boulevard, Santa Monica, CA, United States, 90401-1452 and employs 654 people. Macerich is listed under Retail REITs category by Fama And French industry classification.

Management Performance

Macerich Leadership Team

Elected by the shareholders, the Macerich's board of directors comprises two types of representatives: Macerich inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Macerich. The board's role is to monitor Macerich's management team and ensure that shareholders' interests are well served. Macerich's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Macerich's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kurt Ivey, Senior Marketing
Thomas CPA, CEO Director
Steven Soboroff, Independent Director
John Alschuler, Independent Director
Ann JD, Chief EVP
Robert Beffa, Senior Estate
David Short, Executive Management
Peggy Alford, Independent Director
Tom Birdsall, Senior Technology
Douglas Healey, Senior Executive Vice President, Head of Leasing
Diana Laing, Independent Director
Eric Brandt, Independent Director
Edward Coppola, President, Director
Ann Menard, Executive Vice President Chief Legal Officer and Secretary
Michael Slavin, Senior Technology
Samantha Greening, Director Relations
Daniel Hirsch, Independent Director
William Voegele, Executive Vice President Chief Development Officer
J Jones, Senior Technology
Thomas OHern, CFO, Senior Executive Vice President Treasurer
Christopher Zecchini, Senior Vice President Chief Accounting Officer, Principal Accounting Officer
Kenneth Volk, Executive Vice President of Business Development
Tom Unis, Senior Relations
Steven Hash, Independent Chairman of the Board
Scott Kingsmore, Chief Financial Officer, Senior Executive Vice President, Treasurer
Jamie Bourbeau, Senior Division
Olivia Leigh, Executive People
Daniel II, Treasurer CFO
Jackson Hsieh, President CEO
Andrea Stephen, Independent Director

Macerich Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Macerich a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
39.711
Dividend Share
0.68
Earnings Share
0.36
Revenue Per Share
3.639
Quarterly Revenue Growth
(0.03)
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.