- By Shuda Xia
DDR Corp (DDR), Macerich Co (MAC), First Solar Inc. (FSLR), and Compass Minerals International Inc. (CMP) have reached their three-year lows.
DDR Corp (DDR) Reached $12.53
The prices of DDR Corp (DDR) shares have declined to $12.53, which is only 1.3% above the 3-year low of $12.37.
DDR Corp is an American real estate investment trust company that owns and manages value-oriented open air retail shopping centers in the United States and Puerto Rico. Tenants include Wal-Mart, Kohl's, PetSmart, and Michaels. It operates in 40 continental U.S. states and Puerto Rico.
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The intrinsic value of DDR
DDR Corp has a market cap of $4.59 billion; its shares were traded around $12.53 with a P/E ratio of 113.93 and P/S ratio of 4.53. The trailing 12-month dividend yield of DDR Corp stocks is 6.08%. The forward dividend yield of DDR Corp stocks is 6.08%.
On March 3, DDR Corp announced that David Lukes has been named President and CEO of the company to replace Tom August, who has stepped down. Furthermore, Mr. Lukes has been named to the DDR Board of Directors. Michael Makinen will join the company as Executive Vice President and Matthew Ostrower will serve as CFO.
Macerich Co (MAC) Reached $64.40
The prices of Macerich Co (MAC) shares have declined to $64.40, which is only 4.6% above the 3-year low of $61.41.
Macerich Co is an American self-managed real estate investment trust. It is the third-largest owner and operator of shopping centers in the United States, operating as a S&P 500 component. The company owns property across the United States, including property in California, Arizona, Washington, Missouri, and New York.
Macerich Co has a market cap of $9.27 billion; its shares were traded around $64.40 with a P/E ratio of 18.77 and P/S ratio of 9.11. The trailing 12-month dividend yield of Macerich Co stocks is 4.31%. The forward dividend yield of Macerich Co stocks is 4.42%. Macerich Co had an annual average earnings growth of 2.30% over the past 10 years.
On March 8 Macerich Co announced that its facilities at The Oaks are the country's first BREEAM green building standard certified buildings. The Building Research Establishment Environmental Assessment Methodology (BREEAM) rating system has a 25-year track record of driving efficiency improvements in new and existing buildings around the world and is designed to address the 5.6 million pre-existing non-residential structures in the U.S.