CBL & Associates Properties (OTCMKTS:CBLAQ) and Macerich (NYSE:MAC) Financial Review

Macerich (NYSE:MAC) and CBL & Associates Properties (OTCMKTS:CBLAQ) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, analyst recommendations, risk, earnings and profitability.

Institutional & Insider Ownership

87.4% of Macerich shares are owned by institutional investors. 0.2% of Macerich shares are owned by company insiders. Comparatively, 20.1% of CBL & Associates Properties shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings for Macerich and CBL & Associates Properties, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Macerich	3	5	6	0	2.21
CBL & Associates Properties	0	0	0	0	0.00

Macerich presently has a consensus target price of $20.11, suggesting a potential upside of 11.18%. Given Macerich’s stronger consensus rating and higher probable upside, research analysts plainly believe Macerich is more favorable than CBL & Associates Properties.

Earnings and Valuation

This table compares Macerich and CBL & Associates Properties”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Macerich	$918.20 million	4.98	-$194.12 million	($1.75)	-10.33
CBL & Associates Properties	$515.56 million	N/A	$58.97 million	N/A	N/A

CBL & Associates Properties has lower revenue, but higher earnings than Macerich.

Profitability

This table compares Macerich and CBL & Associates Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Macerich	-41.33%	-15.15%	-4.89%
CBL & Associates Properties	12.18%	22.43%	2.57%

Summary

CBL & Associates Properties beats Macerich on 6 of the 11 factors compared between the two stocks.

About Macerich

Macerich is a fully integrated, self-managed and 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 47 million square feet of real estate consisting primarily of interests in 44 regional town 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 nine consecutive years (2015-2023).

About CBL & Associates Properties

CBL & Associates Properties, Inc. is a real estate investment trust, which owns and operates retail properties. The firm engages in owning, developing, acquiring, leasing, managing and operating regional shopping malls, open-air centers, community centers and office properties. It operates through Malls and All Other segments. Its properties include Malls, Associated Centers, Community Centers, Office Buildings, Construction Properties and Mortgages. The company was founded on July 13, 1993 and is headquartered in Chattanooga, TN.