Mack-Cali Realty Corp. Company Profile (NYSE:CLI)

About Mack-Cali Realty Corp.

Mack-Cali Realty Corp. logoMack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company owns and operates a real estate portfolio of Class A office and office/flex properties located primarily in the Northeast. The Company's segments include commercial and other real estate, multi-family real estate, multi-family services, and corporate & other. It provides leasing, property management, acquisition, development, construction and tenant-related services for its commercial and other real estate, and multi-family real estate portfolio. The Company owns or has interests in approximately 270 properties, consisting of approximately 150 office and over 110 flex properties, totaling approximately 29.9 million square feet, leased to approximately 1,900 commercial tenants and over 20 multi-family rental properties containing approximately 5,640 residential units, plus developable land (collectively, the Properties).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: CLI
  • CUSIP: 55448910
Key Metrics:
  • Previous Close: $27.79
  • 50 Day Moving Average: $27.71
  • 200 Day Moving Average: $24.88
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.75
  • P/E Growth: 3.85
  • Market Cap: $2.49B
  • Outstanding Shares: 89,650,000
  • Beta: 1.1
Additional Links:
Companies Related to Mack-Cali Realty Corp.:

Analyst Ratings

Consensus Ratings for Mack-Cali Realty Corp. (NYSE:CLI) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $26.19 (5.77% downside)

Analysts' Ratings History for Mack-Cali Realty Corp. (NYSE:CLI)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/5/2016Stifel NicolausBoost Price TargetBuy$28.00 -> $30.00View Rating Details
7/19/2016Barclays PLCBoost Price TargetUnderweight$26.00 -> $28.00View Rating Details
7/18/2016Deutsche Bank AGBoost Price TargetHold$25.00 -> $28.00View Rating Details
7/7/2016Citigroup Inc.Boost Price TargetBuy$29.50 -> $31.50View Rating Details
2/26/2016SunTrust Banks Inc.Lower Price TargetNeutral$23.00 -> $22.00View Rating Details
12/17/2015JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$19.00 -> $25.00View Rating Details
10/29/2015Evercore ISIBoost Price Target$22.00 -> $24.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$22.00 -> $21.00View Rating Details
11/21/2014S&P Equity ResearchDowngradeHoldView Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for Mack-Cali Realty Corp. (NYSE:CLI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
8/2/2016Q216$0.53$0.55$156.82 million$149.23 millionViewListenView Earnings Details
4/27/2016Q116$0.49$0.48$153.75 millionViewListenView Earnings Details
2/24/2016Q4$0.46$0.47$147.22 million$146.40 millionViewListenView Earnings Details
10/28/2015Q315$0.44$0.51$150.24 million$146.20 millionViewListenView Earnings Details
7/22/2015Q215$0.43$0.46$148.01 million$148.60 millionViewListenView Earnings Details
4/23/2015Q115$0.41$0.43$149.08 million$153.70 millionViewListenView Earnings Details
2/19/2015Q414$0.46$0.47$152.60 million$151.40 millionViewListenView Earnings Details
10/23/2014Q314$0.47$0.48$155.98 million$141.21 millionViewListenView Earnings Details
7/24/2014Q214$0.47$0.50$156.50 million$160.30 millionViewListenView Earnings Details
4/24/2014Q114$0.47$0.46$158.66 million$169.60 millionViewListenView Earnings Details
3/3/2014Q413$0.52$0.52$161.70 million$165.27 millionViewN/AView Earnings Details
10/24/2013Q313$0.58$0.57$176.73 million$162.51 millionViewListenView Earnings Details
7/25/2013Q213$0.62$0.65$172.21 million$177.93 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.64$0.63$173.67 million$181.80 millionViewListenView Earnings Details
2/7/2013Q4 2012$0.63$0.66$178.01 million$166.17 millionViewListenView Earnings Details
10/25/2012$0.62$0.65ViewN/AView Earnings Details
7/26/2012$0.60$0.62ViewN/AView Earnings Details
4/26/2012$0.67$0.74ViewN/AView Earnings Details
2/9/2012$0.67$0.68ViewN/AView Earnings Details
10/27/2011$0.68$0.73ViewN/AView Earnings Details
7/28/2011$0.68$0.69ViewN/AView Earnings Details
4/28/2011$0.70$0.70ViewN/AView Earnings Details
2/10/2011$0.69$0.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mack-Cali Realty Corp. (NYSE:CLI)
Current Year EPS Consensus Estimate: $2.1 EPS
Next Year EPS Consensus Estimate: $2.18 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.52$0.52$0.52
Q3 20161$0.55$0.55$0.55
Q4 20161$0.52$0.52$0.52
Q1 20171$0.54$0.54$0.54
Q2 20171$0.54$0.54$0.54
Q3 20171$0.53$0.53$0.53
Q4 20171$0.52$0.52$0.52
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Mack-Cali Realty Corp. (NYSE:CLI)
Annual Dividend:$0.60
Dividend Yield:2.16%
Payout Ratio:-111.11% (Based on Trailing 12 Months of Earnings)
28.57% (Based on Current Year Consensus EPS Estimate)
27.52% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-30.70% (3 Year Average)

Dividend History for Mack-Cali Realty Corp. (NYSE:CLI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/1/2016quarterly$0.152.27%7/1/20167/6/20167/15/2016
3/8/2016quarterly$0.152.81%4/1/20164/5/20164/15/2016
12/8/2015quarterly$0.152.66%1/4/20161/6/20161/15/2016
9/22/2015quarterly$0.153.03%10/2/201510/5/201510/15/2015
5/11/2015quarterly$0.153.38%7/1/20157/6/20157/14/2015
3/10/2015quarterly$0.153.24%4/1/20154/6/20154/14/2015
12/9/2014quarterly$0.153.17%1/2/20151/6/20151/14/2015
9/11/2014quarterly$0.152.98%10/1/201410/3/201410/10/2014
5/30/2014quarterly$0.152.72%7/1/20147/3/20147/11/2014
3/11/2014quarterly$0.305.61%4/1/20144/3/20144/11/2014
12/10/2013quarterly$0.305.72%1/2/20141/6/20141/15/2014
9/12/2013quarterly$0.305.67%10/1/201310/3/201310/11/2013
5/15/2013quarterly$0.304.31%7/1/20137/3/20137/12/2013
3/12/2013quarterly$0.456.27%4/1/20134/3/20134/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Mack-Cali Realty Corp. (NYSE:CLI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/2/2016Jonathan LittDirectorBuy48,400$20.75$1,004,300.00View SEC Filing  
2/4/2016Ricardo CardosoEVPBuy23,000$19.54$449,420.00View SEC Filing  
9/29/2015Jonathan LittDirectorBuy130,500$19.08$2,489,940.00View SEC Filing  
9/16/2015Jonathan LittDirectorBuy210,000$19.95$4,189,500.00View SEC Filing  
11/19/2014Jonathan LittDirectorBuy187,400$19.15$3,588,710.00View SEC Filing  
10/29/2014Jonathan LittDirectorSell187,400$18.52$3,470,648.00View SEC Filing  
7/7/2014Irvin D ReidDirectorSell20,000$21.10$422,000.00View SEC Filing  
3/31/2014Barry LefkowitzCFOSell15,000$20.96$314,400.00View SEC Filing  
3/24/2014Barry LefkowitzCFOSell10,000$20.67$206,700.00View SEC Filing  
3/21/2014Barry LefkowitzCFOSell9,623$21.24$204,392.52View SEC Filing  
3/18/2014Barry LefkowitzCFOSell30,000$21.32$639,600.00View SEC Filing  
8/30/2013Barry LefkowitzCFOSell25,000$21.67$541,750.00View SEC Filing  
8/28/2013Mitchell HershCEOBuy5,000$21.67$108,350.00View SEC Filing  
8/13/2013Roger ThomasEVPSell46,832$22.73$1,064,491.36View SEC Filing  
6/7/2013Vincent TeseDirectorSell2,706$25.69$69,517.14View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mack-Cali Realty Corp. (NYSE:CLI)
DateHeadline
nasdaq.com logoInteresting CLI Put Options For April 2017 (NYSE:CLI)
www.nasdaq.com - August 23 at 4:24 PM
publicnow.com logoMack-Cali Realty Corporation Announces Resignation of Jonathan Litt from the Board of Directors (NYSE:CLI)
www.publicnow.com - August 22 at 4:21 PM
biz.yahoo.com logoMACK CALI REALTY CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit (NYSE:CLI)
biz.yahoo.com - August 22 at 4:21 PM
publicnow.com logoDirector Retirement - 11 August 2016 (NYSE:CLI)
www.publicnow.com - August 17 at 11:16 AM
capitalcube.com logoETF’s with exposure to Mack-Cali Realty Corp. : August 15, 2016 (NYSE:CLI)
www.capitalcube.com - August 15 at 11:33 AM
capitalcube.com logoMack-Cali Realty Corp. breached its 50 day moving average in a Bearish Manner : CLI-US : August 12, 2016 (NYSE:CLI)
www.capitalcube.com - August 12 at 11:48 AM
finance.yahoo.com logoMACK CALI REALTY CORP Financials (NYSE:CLI)
finance.yahoo.com - August 10 at 4:18 PM
capitalcube.com logoMack-Cali Realty Corp. :CLI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:CLI)
www.capitalcube.com - August 8 at 4:21 PM
News IconMack-Cali Repurposed Office Building into Multi-Family Residential Community (NYSE:CLI)
parsippanyfocus.com - August 5 at 4:17 PM
finance.yahoo.com logoRoseland Holds Ceremonial Ground Breaking For Signature Place At Morris Plains (NYSE:CLI)
finance.yahoo.com - August 4 at 4:25 PM
finance.yahoo.com logoEdited Transcript of CLI earnings conference call or presentation 3-Aug-16 2:00pm GMT (NYSE:CLI)
finance.yahoo.com - August 4 at 11:54 AM
finance.yahoo.com logoMack-Cali (CLI) Q2 FFO Beats Estimates, Revenues Fall Short (NYSE:CLI)
finance.yahoo.com - August 3 at 4:17 PM
rttnews.com logoMack-Cali Realty Corp. Earnings Rise 38% In Q2 (NYSE:CLI)
www.rttnews.com - August 3 at 11:34 AM
biz.yahoo.com logoMack-Cali Realty Corp Earnings Call scheduled for 10:00 am ET today (NYSE:CLI)
biz.yahoo.com - August 3 at 11:34 AM
sg.finance.yahoo.com logoMack-Cali reports 2Q results (NYSE:CLI)
sg.finance.yahoo.com - August 2 at 9:51 PM
finance.yahoo.com logoMack-Cali Realty Corporation Announces Second Quarter 2016 Results (NYSE:CLI)
finance.yahoo.com - August 2 at 9:51 PM
seekingalpha.com logoMack-Cali Realty beats by $0.02, misses on revenue (NYSE:CLI)
seekingalpha.com - August 2 at 5:43 PM
finance.yahoo.com logoVornado (VNO) Q2 Earnings: FFO, Revenues Miss Estimates (NYSE:CLI)
finance.yahoo.com - August 2 at 4:22 PM
twst.com logoMack Cali Realty Corporation: Mack-Cali Updates Capital Markets Activity (NYSE:CLI)
www.twst.com - August 2 at 9:01 AM
biz.yahoo.com logoQ2 2016 Mack-Cali Realty Corp Earnings Release - After Market Close (NYSE:CLI)
biz.yahoo.com - August 2 at 9:01 AM
biz.yahoo.com logoMACK CALI REALTY CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:CLI)
biz.yahoo.com - August 1 at 4:11 PM
publicnow.com logoMack-Cali Updates Capital Markets Activity (NYSE:CLI)
www.publicnow.com - August 1 at 9:01 AM
streetinsider.com logoForm 8-K MACK CALI REALTY CORP For: Jul 28 (NYSE:CLI)
www.streetinsider.com - July 29 at 4:21 PM
biz.yahoo.com logoMACK CALI REALTY CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NYSE:CLI)
biz.yahoo.com - July 29 at 6:05 AM
finance.yahoo.com logo5:27 pm Mack-Cali Realty reports Q2 leasing results; Leases over 660,000 square feet - showing progress toward mitigation of 2017 lease expirations (NYSE:CLI)
finance.yahoo.com - July 28 at 5:27 PM
finance.yahoo.com logoPublic Storage (PSA) Q2 FFO, Revenue Miss Estimates (NYSE:CLI)
finance.yahoo.com - July 28 at 5:18 PM
publicnow.com logoMack-Cali Announces Second Quarter Leasing Results (NYSE:CLI)
www.publicnow.com - July 28 at 4:38 PM
publicnow.com logoDirector Dealings in Shares - 11 July 2016 (NYSE:CLI)
www.publicnow.com - July 26 at 4:38 PM
nasdaq.com logoInsiders Seeing Green With CLI At New 52-Week High (NYSE:CLI)
www.nasdaq.com - July 20 at 5:21 PM
fidaily.com logoBarclays Maintains Rating And Raises Price Target On Mack-Cali Realty Corporation Co (CLI) (NYSE:CLI)
www.fidaily.com - July 19 at 9:36 PM
equities.com logoMack-Cali Realty Corporation (CLI) Hits New 52-week High During July 12 Session (NYSE:CLI)
www.equities.com - July 14 at 9:42 PM
equities.com logoMack-Cali Realty Corporation (CLI) Hits New 52-week High During July 11 Session (NYSE:CLI)
www.equities.com - July 13 at 4:22 PM
finance.yahoo.com logoMack-Cali Realty Corporation Announces Second Quarter 2016 Earnings Release Date (NYSE:CLI)
finance.yahoo.com - July 11 at 2:14 PM
finance.yahoo.com logoBoston Properties Completes Colorado Center Stake Buyout (NYSE:CLI)
finance.yahoo.com - July 7 at 10:26 AM
capitalcube.com logoMack-Cali Realty Corp. breached its 50 day moving average in a Bearish Manner : CLI-US : June 28, 2016 (NYSE:CLI)
www.capitalcube.com - June 28 at 8:25 AM
News IconDuke Realty Corporation June 15th Short Interest Update (NYSE:CLI)
tribumagazine.net - June 27 at 4:12 PM
finance.yahoo.com logoGramercy (GPT) Reveals British Pound Exposure amid Brexit (NYSE:CLI)
finance.yahoo.com - June 27 at 12:24 PM
4-traders.com logoMack Cali Realty : Roseland Residential Trust Hosts Ribbon Cutting Ceremony For Newest Luxury Development, M2 At Marbella (NYSE:CLI)
www.4-traders.com - June 23 at 5:42 PM
finance.yahoo.com logoRoseland Residential Trust Hosts Ribbon Cutting Ceremony For Newest Luxury Development, M2 At Marbella (NYSE:CLI)
finance.yahoo.com - June 23 at 3:35 PM
publicnow.com logoDowntown Worcester Renaissance Continues as Roseland Officially Breaks Ground on 145 Front Street at City Square (NYSE:CLI)
www.publicnow.com - June 23 at 9:19 AM
equities.com logoMack-Cali Realty Corporation (CLI) Hits New 52-week High During June 20 Session (NYSE:CLI)
www.equities.com - June 22 at 8:57 AM
4-traders.com logoMack Cali Realty : Roseland Residential Trust Breaks Ground on Latest Port Imperial Project (NYSE:CLI)
www.4-traders.com - June 15 at 4:21 PM
publicnow.com logoRoseland Residential Trust Breaks Ground on Latest Port Imperial Project (NYSE:CLI)
www.publicnow.com - June 15 at 1:09 PM
equities.com logoMack-Cali Realty Corporation (CLI) Hits New 52-week High During June 09 Session (NYSE:CLI)
www.equities.com - June 11 at 4:19 PM
News IconMack-Cali Acquires Metro 101 Tower in Iselin (NYSE:CLI)
www.costar.com - June 6 at 4:05 PM
4-traders.com logoMack Cali Realty : to Present at NAREIT's REITWeek 2016 (NYSE:CLI)
www.4-traders.com - June 6 at 4:05 PM
finance.yahoo.com logoMack-Cali Realty Corporation to Present at NAREIT's REITWeek 2016 (NYSE:CLI)
finance.yahoo.com - June 6 at 4:00 PM
News IconMack-Cali Closes Acquisition of 101 Wood Avenue South in Iselin, NJ (NYSE:CLI)
www.globest.com - June 4 at 4:15 PM
equities.com logoMack-Cali Realty Corporation (CLI) Hits New 52-week High During June 01 Session (NYSE:CLI)
www.equities.com - June 4 at 4:15 PM
biz.yahoo.com logoMACK CALI REALTY CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:CLI)
biz.yahoo.com - June 3 at 4:14 PM

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Mack-Cali Realty Corp. (NYSE:CLI) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff