MAC vs SPG
These two companies, Simon Property Group (SPG) and the Macerich Company (MAC), are real estate investment trusts (REITs) which invest primarily in shopping mall properties. SPG is the largest owner of mall properties in the US, and it once made an offer to buy out the smaller MAC. At the time, the offer was rejected, with MAC shareholders claiming that SPG was undervaluing the company with their offer which would have totaled about $22B with the assumption of debt. One might wonder if they regret that decision, since MAC’s enterprise value at the time of this writing is about $8B. The performance of both companies in the past year has been comparable in terms of price action, as one might expect with their holdings being so similar, but SPG’s dividend is slightly more enticing.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
MAC’s FA Score shows that 0 FA rating(s) are green whileSPG’s FA Score has 3 green FA rating(s).
- MAC’s FA Score: 0 green, 5 red.
- SPG’s FA Score: 3 green, 2 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
MAC’s TA Score shows that 4 TA indicator(s) are bullish while SPG’s TA Score has 5 bullish TA indicator(s).
- MAC’s TA Score: 4 bullish, 4 bearish.
- SPG’s TA Score: 5 bullish, 4 bearish.
Price Growth
MAC (@Real Estate Investment Trusts) experienced а -0.44% price change this week, while SPG (@Real Estate Investment Trusts) price change was +0.70% for the same time period.
The average weekly price growth across all stocks in the @Real Estate Investment Trusts industry was -2.85%. For the same industry, the average monthly price growth was -4.77%, and the average quarterly price growth was +5.01%.
Reported Earning Dates
MAC is expected to report earnings on Feb 06, 2025.
SPG is expected to report earnings on Feb 10, 2025.
Industries' Descriptions
@Real Estate Investment Trusts (-2.85% weekly)A real estate investment trust (REIT) is a company any that owns, and in most cases, operates, income-producing real estate – ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs are involved in financing real estate. Equity REITs invest in and own properties, while mortgage REITs own and invest in property mortgages. REITs are required by law to pay out at least 90% of their annual taxable income (excluding capital gains) to shareholders in the form of dividends. Some REITs could be more cyclical than others; for example, when an economy is undergoing a recession, hotel REITs could be more vulnerable, compared to say healthcare REIT given that healthcare needs are less likely to depend on economic cycles. American Tower Corporation, Prologis, Inc. and Crown Castle International Corp are some of the biggest REIT companies in the U.S.
| MAC | SPG | MAC / SPG | |
| Capitalization | 3.72B | 51B | 7% |
| EBITDA | 191M | 4.89B | 4% |
| Gain YTD | 30.089 | 31.344 | 96% |
| P/E Ratio | 50.51 | 21.99 | 230% |
| Revenue | 884M | 5.66B | 16% |
| Total Cash | 94.9M | 2.17B | 4% |
| Total Debt | 4.31B | 26.5B | 16% |
MAC | SPG | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 13 | 13 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 60 Fair valued | 87 Overvalued | |
PROFIT vs RISK RATING 1..100 | 100 | 42 | |
SMR RATING 1..100 | 94 | 14 | |
PRICE GROWTH RATING 1..100 | 39 | 17 | |
P/E GROWTH RATING 1..100 | 60 | 32 | |
SEASONALITY SCORE 1..100 | 50 | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
MAC's Valuation (60) in the Real Estate Investment Trusts industry is in the same range as SPG (87). This means that MAC’s stock grew similarly to SPG’s over the last 12 months.
SPG's Profit vs Risk Rating (42) in the Real Estate Investment Trusts industry is somewhat better than the same rating for MAC (100). This means that SPG’s stock grew somewhat faster than MAC’s over the last 12 months.
SPG's SMR Rating (14) in the Real Estate Investment Trusts industry is significantly better than the same rating for MAC (94). This means that SPG’s stock grew significantly faster than MAC’s over the last 12 months.
SPG's Price Growth Rating (17) in the Real Estate Investment Trusts industry is in the same range as MAC (39). This means that SPG’s stock grew similarly to MAC’s over the last 12 months.
SPG's P/E Growth Rating (32) in the Real Estate Investment Trusts industry is in the same range as MAC (60). This means that SPG’s stock grew similarly to MAC’s over the last 12 months.
| MAC | SPG | |
|---|---|---|
| RSI ODDS (%) | 3 days ago 70% | 3 days ago 55% |
| Stochastic ODDS (%) | 3 days ago 76% | 3 days ago 59% |
| Momentum ODDS (%) | 3 days ago 77% | 3 days ago 75% |
| MACD ODDS (%) | 3 days ago 76% | 3 days ago 68% |
| TrendWeek ODDS (%) | 3 days ago 76% | 3 days ago 67% |
| TrendMonth ODDS (%) | 3 days ago 72% | 3 days ago 68% |
| Advances ODDS (%) | 3 days ago 73% | 7 days ago 65% |
| Declines ODDS (%) | 5 days ago 76% | 17 days ago 58% |
| BollingerBands ODDS (%) | 3 days ago 73% | 3 days ago 51% |
| Aroon ODDS (%) | 3 days ago 69% | 3 days ago 59% |
SPG and
Correlation & Price change
A.I.dvisor indicates that over the last year, SPG has been closely correlated with MAC. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPG jumps, then MAC could also see price increases.