NYSE:CLI - Mack Cali Realty Stock Price, News, & Analysis

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$20.40 +0.31 (+1.54 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$20.09
Today's Range$20.00 - $20.52
52-Week Range$15.86 - $24.04
Volume405,248 shs
Average Volume602,033 shs
Market Capitalization$1.88 billion
P/E Ratio9.19
Dividend Yield3.84%
Beta1.18
Mack Cali Realty logoMack-Cali Realty Corporation is fully-integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for two decades. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:CLI
CUSIP55448910
Phone732-590-1010

Debt

Debt-to-Equity Ratio1.58
Current Ratio0.83
Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio9.19
Forward P/E Ratio10.97
P/E GrowthN/A

Sales & Book Value

Annual Sales$616.20 million
Price / Sales2.99
Cash Flow$2.5468 per share
Price / Cash8.01
Book Value$18.56 per share
Price / Book1.10

Profitability

EPS (Most Recent Fiscal Year)$2.23
Net Income$23.18 million
Net Margins13.89%
Return on Equity4.70%
Return on Assets1.61%

Miscellaneous

Employees439
Outstanding Shares90,310,000
Market Cap$1.88 billion

Mack Cali Realty (NYSE:CLI) Frequently Asked Questions

What is Mack Cali Realty's stock symbol?

Mack Cali Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLI."

How often does Mack Cali Realty pay dividends? What is the dividend yield for Mack Cali Realty?

Mack Cali Realty announced a quarterly dividend on Wednesday, September 12th. Shareholders of record on Tuesday, October 2nd will be given a dividend of $0.20 per share on Friday, October 12th. This represents a $0.80 annualized dividend and a yield of 3.92%. The ex-dividend date is Monday, October 1st. View Mack Cali Realty's Dividend History.

How were Mack Cali Realty's earnings last quarter?

Mack Cali Realty Corp (NYSE:CLI) posted its quarterly earnings results on Wednesday, August, 1st. The real estate investment trust reported ($0.05) EPS for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.49. The real estate investment trust had revenue of $126.58 million for the quarter, compared to the consensus estimate of $133.28 million. Mack Cali Realty had a return on equity of 4.70% and a net margin of 13.89%. The business's revenue was down 90.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.60 EPS. View Mack Cali Realty's Earnings History.

When is Mack Cali Realty's next earnings date?

Mack Cali Realty is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Mack Cali Realty.

What guidance has Mack Cali Realty issued on next quarter's earnings?

Mack Cali Realty issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share (EPS) guidance of $1.80-1.86 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.80.

What price target have analysts set for CLI?

5 analysts have issued 12 month price objectives for Mack Cali Realty's shares. Their forecasts range from $20.00 to $28.00. On average, they anticipate Mack Cali Realty's stock price to reach $22.80 in the next year. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for Mack Cali Realty.

What is the consensus analysts' recommendation for Mack Cali Realty?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mack Cali Realty in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mack Cali Realty.

Who are some of Mack Cali Realty's key competitors?

Who are Mack Cali Realty's key executives?

Mack Cali Realty's management team includes the folowing people:
  • Mr. Michael J. DeMarco CPA, CEO & Director (Age 58)
  • Mr. Robert Andrew Marshall, Pres & Exec. VP -Devel. of Roseland (Age 48)
  • David J. Smetana, Chief Financial Officer (Age 46)
  • Mr. Ricardo Cardoso, Exec. VP & Chief Investment Officer (Age 46)
  • Ms. Deidre Crockett, Sr. VP of Corp. Communications & Investor Relations

Has Mack Cali Realty been receiving favorable news coverage?

News coverage about CLI stock has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mack Cali Realty earned a news impact score of 0.18 on Accern's scale. They also gave news headlines about the real estate investment trust an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Mack Cali Realty.

Who are Mack Cali Realty's major shareholders?

Mack Cali Realty's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.61%), Morgan Stanley (7.82%), Centersquare Investment Management LLC (6.39%), LSV Asset Management (3.96%), Renaissance Technologies LLC (3.87%) and Northern Trust Corp (2.92%). Company insiders that own Mack Cali Realty stock include Alan G Philibosian, David J Smetana, Kevin Loiselle, Michael J Demarco, Nathan Gantcher and Robert Andrew Marshall. View Institutional Ownership Trends for Mack Cali Realty.

Which institutional investors are selling Mack Cali Realty stock?

CLI stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Morgan Stanley, Millennium Management LLC, Wolverine Asset Management LLC, Bank of Montreal Can, Frontier Capital Management Co. LLC, LSV Asset Management and Gateway Investment Advisers LLC. View Insider Buying and Selling for Mack Cali Realty.

Which institutional investors are buying Mack Cali Realty stock?

CLI stock was bought by a variety of institutional investors in the last quarter, including Land & Buildings Investment Management LLC, BlackRock Inc., Victory Capital Management Inc., Macquarie Group Ltd., Renaissance Technologies LLC, FMR LLC, Schwab Charles Investment Management Inc. and Westpac Banking Corp. Company insiders that have bought Mack Cali Realty stock in the last two years include David J Smetana, Kevin Loiselle, Michael J Demarco and Nathan Gantcher. View Insider Buying and Selling for Mack Cali Realty.

How do I buy shares of Mack Cali Realty?

Shares of CLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mack Cali Realty's stock price today?

One share of CLI stock can currently be purchased for approximately $20.40.

How big of a company is Mack Cali Realty?

Mack Cali Realty has a market capitalization of $1.88 billion and generates $616.20 million in revenue each year. The real estate investment trust earns $23.18 million in net income (profit) each year or $2.23 on an earnings per share basis. Mack Cali Realty employs 439 workers across the globe.

How can I contact Mack Cali Realty?

Mack Cali Realty's mailing address is HARBORSIDE 3 210 HUDSON ST. SUITE. 400, JERSEY CITY NJ, 07311. The real estate investment trust can be reached via phone at 732-590-1010 or via email at [email protected]


MarketBeat Community Rating for Mack Cali Realty (NYSE CLI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  523
MarketBeat's community ratings are surveys of what our community members think about Mack Cali Realty and other stocks. Vote "Outperform" if you believe CLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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