NYSE:CLI - Mack Cali Realty Stock Price, Price Target & More

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

Mack Cali Realty announced a quarterly dividend on Wednesday, June 13th. Shareholders of record on Tuesday, July 3rd will be paid a dividend of $0.20 per share on Friday, July 13th. This represents a $0.80 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend is Monday, July 2nd. View Mack Cali Realty's Dividend History.

Mack Cali Realty Corp (NYSE:CLI) released its quarterly earnings results on Wednesday, May, 2nd. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.01. The real estate investment trust earned $138.97 million during the quarter, compared to analyst estimates of $134.47 million. Mack Cali Realty had a return on equity of 2.76% and a net margin of 7.66%. The business's quarterly revenue was down 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.56 earnings per share. View Mack Cali Realty's Earnings History.

Mack Cali Realty is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Mack Cali Realty.

Mack Cali Realty issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $1.80-1.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.83.

6 brokers have issued 1-year target prices for Mack Cali Realty's shares. Their predictions range from $20.00 to $30.00. On average, they expect Mack Cali Realty's stock price to reach $24.8333 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Ratings for Mack Cali Realty.

6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Mack Cali Realty saw a increase in short interest in June. As of June 15th, there was short interest totalling 1,971,659 shares, an increase of 58.6% from the May 31st total of 1,243,193 shares. Based on an average trading volume of 742,730 shares, the short-interest ratio is presently 2.7 days. Currently, 2.3% of the shares of the company are sold short. View Mack Cali Realty's Current Options Chain.

Some companies that are related to Mack Cali Realty include National Retail Properties (NNN), Douglas Emmett (DEI), American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Liberty Property Trust (LPT), New Residential Investment (NRZ), CyrusOne (CONE), Howard Hughes (HHC), DCT Industrial Trust (DCT), Omega Healthcare Investors (OHI), RioCan Real Estate Investment Trust (RIOCF), Starwood Property Trust (STWD), American Campus Communities (ACC), CubeSmart (CUBE) and Hammerson (HMSNF).

Media headlines about CLI stock have been trending somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mack Cali Realty earned a coverage optimism score of 0.05 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 46.26 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Mack Cali Realty's stock is owned by many different of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.31%), Westpac Banking Corp (0.12%), Bank of Montreal Can (0.05%), Municipal Employees Retirement System of Michigan (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Mack Cali Realty stock include Alan G Philibosian, David J Smetana, Kevin Loiselle, Michael J Demarco and Nathan Gantcher. View Institutional Ownership Trends for Mack Cali Realty.

CLI stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Gateway Investment Advisers LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Mack Cali Realty.

CLI stock was purchased by a variety of institutional investors in the last quarter, including Westpac Banking Corp and State of Alaska Department of Revenue. 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.

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.

One share of CLI stock can currently be purchased for approximately $19.43.

Mack Cali Realty has a market capitalization of $1.75 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.

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]