Head-To-Head Review: Macerich (NYSE:MAC) vs. Horizon Group (OTCMKTS:HGPI)
by Mitch Edgeman · The Markets DailyHorizon Group (OTCMKTS:HGPI – Get Free Report) and Macerich (NYSE:MAC – Get Free Report) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk.
Volatility & Risk
Horizon Group has a beta of -0.21, suggesting that its share price is 121% less volatile than the S&P 500. Comparatively, Macerich has a beta of 2.06, suggesting that its share price is 106% more volatile than the S&P 500.
Profitability
This table compares Horizon Group and Macerich’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Horizon Group | N/A | N/A | N/A |
| Macerich | -37.97% | -14.21% | -4.47% |
Valuation and Earnings
This table compares Horizon Group and Macerich”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Horizon Group | N/A | N/A | N/A | N/A | N/A |
| Macerich | $918.20 million | 5.16 | -$194.12 million | ($1.59) | -11.63 |
Horizon Group has higher earnings, but lower revenue than Macerich.
Institutional and Insider Ownership
87.4% of Macerich shares are held by institutional investors. 15.9% of Horizon Group shares are held by company insiders. Comparatively, 0.2% of Macerich shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Horizon Group and Macerich, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Horizon Group | 0 | 0 | 0 | 0 | 0.00 |
| Macerich | 3 | 4 | 5 | 0 | 2.17 |
Macerich has a consensus price target of $19.40, suggesting a potential upside of 4.88%. Given Macerich’s stronger consensus rating and higher possible upside, analysts clearly believe Macerich is more favorable than Horizon Group.
Summary
Macerich beats Horizon Group on 6 of the 10 factors compared between the two stocks.
About Horizon Group
Based in Chicago, Illinois, Horizon Group Properties, Inc. has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.
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).