Mack Cali Realty Corp Company Profile (NYSE:CLI)

About Mack Cali Realty Corp (NYSE:CLI)

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. It operates in three segments: commercial and other real estate, multi-family real estate and multi-family services. Its commercial and other real estate provides leasing, property management, acquisition, development, construction and tenant-related services for its commercial and other real estate, and multi-family real estate portfolio. Its multi-family services business also provides similar services for third parties. It owned or had interests in approximately 248 properties, consisting of approximately 119 office and approximately 110 flex properties, totaling approximately 26.6 million square feet, leased to approximately 1,600 commercial tenants and approximately 19 multi-family rental properties containing approximately 5,614 residential units, plus developable land.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Symbol: NYSE:CLI
  • CUSIP: 55448910
  • Web: www.mack-cali.com
Capitalization:
  • Market Cap: $2.41 billion
  • Outstanding Shares: 89,781,000
Average Prices:
  • 50 Day Moving Avg: $27.37
  • 200 Day Moving Avg: $27.67
  • 52 Week Range: $24.59 - $29.70
P/E:
  • Trailing P/E Ratio: 37.22
  • Foreward P/E Ratio: 158.06
  • P/E Growth: -20.52
Sales & Book Value:
  • Annual Revenue: $630.65 million
  • Price / Sales: 3.83
  • Book Value: $17.02 per share
  • Price / Book: 1.58
Dividend:
  • Annual Dividend: $0.60
  • Dividend Yield: 2.2%
Profitability:
  • EBIDTA: $311.71 million
  • Net Margins: 11.60%
  • Return on Equity: 4.10%
  • Return on Assets: 1.66%
Debt:
  • Debt-to-Equity Ratio: 1.43%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
Misc:
  • Average Volume: 554,446 shs.
  • Beta: 1.09
  • Short Ratio: 7.97
 

Frequently Asked Questions for Mack Cali Realty Corp (NYSE:CLI)

What is Mack Cali Realty Corp's stock symbol?

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

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

Mack Cali Realty Corp announced a quarterly dividend on Tuesday, March 14th. Shareholders of record on Wednesday, April 5th will be given a dividend of $0.15 per share on Thursday, April 13th. This represents a $0.60 annualized dividend and a yield of 2.23%. The ex-dividend date is Monday, April 3rd. View Mack Cali Realty Corp's Dividend History.

How were Mack Cali Realty Corp's earnings last quarter?

Mack Cali Realty Corp (NYSE:CLI) posted its quarterly earnings data on Tuesday, May, 9th. The company reported $0.56 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by $0.01. The company earned $149.90 million during the quarter, compared to analyst estimates of $151.22 million. Mack Cali Realty Corp had a return on equity of 4.10% and a net margin of 11.60%. Mack Cali Realty Corp's revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.69 EPS. View Mack Cali Realty Corp's Earnings History.

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

Mack Cali Realty Corp updated its FY17 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of $2.25-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.33.

Where is Mack Cali Realty Corp's stock going? Where will Mack Cali Realty Corp's stock price be in 2017?

7 brokers have issued 1-year price objectives for Mack Cali Realty Corp's shares. Their predictions range from $27.00 to $32.00. On average, they expect Mack Cali Realty Corp's share price to reach $29.80 in the next twelve months. View Analyst Ratings for Mack Cali Realty Corp.

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

Who owns Mack Cali Realty Corp stock?

Mack Cali Realty Corp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.42%), BlackRock Inc. (12.92%), FMR LLC (6.88%), State Street Corp (4.61%), LSV Asset Management (4.05%) and Bank of New York Mellon Corp (3.56%). Company insiders that own Mack Cali Realty Corp stock include Alan G Philibosian, Jonathan Litt and Ricardo Cardoso. View Institutional Ownership Trends for Mack Cali Realty Corp.

Who sold Mack Cali Realty Corp stock? Who is selling Mack Cali Realty Corp stock?

Mack Cali Realty Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., Land & Buildings Investment Management LLC, Macquarie Group Ltd., Morgan Stanley, Bank of America Corp DE, JPMorgan Chase & Co. and Victory Capital Management Inc.. View Insider Buying and Selling for Mack Cali Realty Corp.

Who bought Mack Cali Realty Corp stock? Who is buying Mack Cali Realty Corp stock?

Mack Cali Realty Corp's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Weiss Multi Strategy Advisers LLC, PGGM Investments, Ameriprise Financial Inc., ProShare Advisors LLC, Vanguard Group Inc. and HGI Capital Management LLC. Company insiders that have bought Mack Cali Realty Corp stock in the last two years include Jonathan Litt and Ricardo Cardoso. View Insider Buying and Selling for Mack Cali Realty Corp.

How do I buy Mack Cali Realty Corp stock?

Shares of Mack Cali Realty Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Mack Cali Realty Corp stock cost?

One share of Mack Cali Realty Corp stock can currently be purchased for approximately $26.87.

Analyst Ratings

Consensus Ratings for Mack Cali Realty Corp (NYSE:CLI) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $29.80 (10.90% upside)

Analysts' Ratings History for Mack Cali Realty Corp (NYSE:CLI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017Deutsche Bank AGBoost Price TargetHold$28.00 -> $29.00MediumView Rating Details
1/23/2017Barclays PLCReiterated RatingUnderweight$28.00 -> $27.00N/AView Rating Details
12/16/2016JPMorgan Chase & Co.UpgradeNeutral -> Overweight$31.00N/AView Rating Details
12/9/2016Citigroup IncDowngradeBuy -> Neutral$32.00N/AView Rating Details
9/19/2016Evercore ISIUpgradeHold -> BuyN/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
8/5/2016Stifel NicolausBoost Price TargetBuy$28.00 -> $30.00N/AView Rating Details
2/26/2016SunTrust Banks, Inc.Lower Price TargetNeutral$23.00 -> $22.00N/AView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$22.00 -> $21.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Mack Cali Realty Corp (NYSE:CLI)
Earnings by Quarter for Mack Cali Realty Corp (NYSE:CLI)
Earnings History by Quarter for Mack Cali Realty Corp (NYSE:CLI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.57$0.56$151.22 million$149.90 millionViewListenView Earnings Details
2/28/2017Q416$0.05$0.17$150.19 million$153.73 millionViewListenView Earnings Details
10/25/2016Q316$0.55$0.56$157.45 million$157.52 millionViewN/AView Earnings Details
8/2/2016Q216$0.53$0.55$156.82 million$149.23 millionViewListenView Earnings Details
4/27/2016Q116$0.49$0.49$150.73 million$152.92 millionViewListenView Earnings Details
2/24/2016Q4$0.46($0.35)$147.22 million$146.40 millionViewListenView Earnings Details
10/28/2015Q315$0.44($1.42)$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$0.45$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)
2017 EPS Consensus Estimate: $2.13
2018 EPS Consensus Estimate: $2.38
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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
Q1 20181$0.57$0.57$0.57
Q2 20181$0.59$0.59$0.59
Q3 20181$0.61$0.61$0.61
Q4 20181$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Mack Cali Realty Corp (NYSE:CLI)
Most Recent Dividend:4/13/2017
Annual Dividend:$0.60
Dividend Yield:2.23%
Dividend Growth:-26.30% (3 Year Average)
Payout Ratio:76.92% (Trailing 12 Months of Earnings)
214.29% (Based on This Year's Estimates)
352.94% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Mack Cali Realty Corp (NYSE:CLI)

Dividend History by Quarter for Mack Cali Realty Corp (NYSE:CLI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/14/2017quarterly$0.152.2%4/3/20174/5/20174/13/2017
12/14/2016quarterly$0.152.15%1/3/20171/5/20171/13/2017
9/27/2016quarterly$0.152.14%10/3/201610/5/201610/14/2016
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 and Institutional Ownership History for Mack Cali Realty Corp (NYSE:CLI)
Insider Ownership Percentage: 6.73%
Insider Trades by Quarter for Mack Cali Realty Corp (NYSE:CLI)
Institutional Ownership by Quarter for Mack Cali Realty Corp (NYSE:CLI)
Insider Trades by Quarter for Mack Cali Realty Corp (NYSE:CLI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/17/2017Alan G. PhilibosianDirectorSell15,000$27.22$408,300.00View SEC Filing  
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

Headline Trends for Mack Cali Realty Corp (NYSE:CLI)
Latest Headlines for Mack Cali Realty Corp (NYSE:CLI)
Source:
DateHeadline
finance.yahoo.com logoMack-Cali Realty Corp. breached its 50 day moving average in a Bearish Manner : CLI-US : May 26, 2017
finance.yahoo.com - May 26 at 4:48 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 26 at 11:46 AM
americanbankingnews.com logoMack Cali Realty Corp's (CLI) "Hold" Rating Reaffirmed at Deutsche Bank AG
www.americanbankingnews.com - May 26 at 12:58 AM
finance.yahoo.com logoMack-Cali Signs Lease with 24 Hour Fitness at Hanover Center
finance.yahoo.com - May 23 at 12:46 PM
finance.yahoo.com logoMack-Cali Announces Lease With 24 Hour Fitness In Hanover, NJ
finance.yahoo.com - May 22 at 4:14 PM
americanbankingnews.com logo$152.84 Million in Sales Expected for Mack Cali Realty Corp (CLI) This Quarter
www.americanbankingnews.com - May 14 at 8:50 AM
americanbankingnews.com logo$0.61 Earnings Per Share Expected for Mack Cali Realty Corp (CLI) This Quarter
www.americanbankingnews.com - May 12 at 6:20 PM
finance.yahoo.com logoEdited Transcript of CLI earnings conference call or presentation 10-May-17 12:00pm GMT
finance.yahoo.com - May 11 at 4:56 PM
rttnews.com logoEARNINGS SUMMARY: Details of Mack-Cali Realty Corp. Q1 Earnings Report
www.rttnews.com - May 10 at 4:33 PM
finance.yahoo.com logoMack-Cali (CLI) Misses Q1 FFO Estimates, Reaffirms Outlook
finance.yahoo.com - May 10 at 4:33 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 9 at 9:22 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - May 9 at 9:22 PM
finance.yahoo.com logoMack-Cali reports 1Q results
finance.yahoo.com - May 9 at 9:20 PM
finance.yahoo.com logoMack-Cali Realty Corporation Announces First Quarter 2017 Results
finance.yahoo.com - May 9 at 9:20 PM
finance.yahoo.com logoMack-Cali Realty Corp. breached its 50 day moving average in a Bearish Manner : CLI-US : May 9, 2017
finance.yahoo.com - May 9 at 4:19 PM
finance.yahoo.com logoMack-Cali Updates Capital Markets Activity
finance.yahoo.com - May 8 at 9:15 PM
prnewswire.com logoMack-Cali Celebrates Grand Opening Of The Lutze...
www.prnewswire.com - May 6 at 4:38 PM
finance.yahoo.com logoMack-Cali Celebrates Grand Opening Of The Lutze Biergarten On Jersey City's Hudson River Waterfront
finance.yahoo.com - May 5 at 4:33 PM
finance.yahoo.com logoMack-Cali Announces First Quarter Leasing Results
finance.yahoo.com - May 4 at 4:29 PM
finance.yahoo.com logoRoseland Residential Trust, Mack-Cali's Multi-Family Subsidiary, Announces First Quarter Activity
finance.yahoo.com - May 3 at 4:20 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Earning Somewhat Positive Press Coverage, Study Shows
www.americanbankingnews.com - May 3 at 12:00 AM
finance.yahoo.com logoMack-Cali Realty Corporation Announces First Quarter 2017 Earnings Release Date
finance.yahoo.com - May 2 at 7:57 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 1 at 2:28 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Affect Mack Cali Realty Corp (CLI) Share Price
www.americanbankingnews.com - April 29 at 5:47 PM
finance.yahoo.com logoMack-Cali Realty Corp. breached its 50 day moving average in a Bearish Manner : CLI-US : April 28, 2017
finance.yahoo.com - April 28 at 5:18 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Receiving Somewhat Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 12:42 AM
finance.yahoo.com logo[$$] New Jersey Office Market Slump Worsens
finance.yahoo.com - April 23 at 9:39 PM
americanbankingnews.com logo Analysts Anticipate Mack Cali Realty Corp (CLI) Will Announce Quarterly Sales of $145.23 Million
www.americanbankingnews.com - April 23 at 7:54 AM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Expected to Announce Earnings of $0.57 Per Share
www.americanbankingnews.com - April 22 at 12:23 AM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Earns Daily News Impact Rating of -0.03
www.americanbankingnews.com - April 20 at 5:51 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Given News Sentiment Score of 0.29
www.americanbankingnews.com - April 17 at 8:21 PM
finance.yahoo.com logoMack-Cali Realty Corp. breached its 50 day moving average in a Bullish Manner : CLI-US : April 12, 2017
finance.yahoo.com - April 12 at 10:46 AM
finance.yahoo.com logoMack-Cali Announces Senior Management Changes
finance.yahoo.com - April 7 at 9:00 AM
finance.yahoo.com logoMack-Cali Realty Corp. : CLI-US: Dividend Analysis : April 05th, 2017 (record date) : By the numbers : April 5, 2017
finance.yahoo.com - April 7 at 9:00 AM
finance.yahoo.com logoMack-Cali (CLI) Brings Major Changes in Senior Management
finance.yahoo.com - April 7 at 9:00 AM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 4 at 8:40 AM
americanbankingnews.com logoFY2017 EPS Estimates for Mack Cali Realty Corp Boosted by SunTrust Banks (CLI)
www.americanbankingnews.com - April 3 at 10:07 AM
finance.yahoo.com logoWhy Is Mack-Cali (CLI) Down 9.2% Since the Last Earnings Report?
finance.yahoo.com - March 31 at 4:28 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) PT Raised to $28.00 at Deutsche Bank AG
www.americanbankingnews.com - March 20 at 7:54 PM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Upgraded at Zacks Investment Research
www.americanbankingnews.com - March 20 at 1:42 PM
finance.yahoo.com logoMack-Cali Realty Corporation Declares Quarterly Cash Dividend
finance.yahoo.com - March 15 at 6:41 AM
americanbankingnews.com logoMack Cali Realty Corp (CLI) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - March 14 at 2:54 PM
nasdaq.com logoRSI Alert: Mack Cali Realty (CLI) Now Oversold
www.nasdaq.com - March 11 at 10:25 AM
finance.yahoo.com logoShould You Retain Mack-Cali (CLI) in Your Portfolio Now?
finance.yahoo.com - March 10 at 5:22 PM
seekingalpha.com logoMack-Cali Realty Corp. (CLI) Presents At The Citi Global Property CEO Conference 2017
seekingalpha.com - March 7 at 12:21 PM
bizjournals.com logoNew addition proposed for Crystal House apartments
www.bizjournals.com - March 6 at 10:34 AM
finance.yahoo.com logoMACK CALI REALTY CORP Financials
finance.yahoo.com - March 4 at 4:47 PM
finance.yahoo.com logoEdited Transcript of CLI earnings conference call or presentation 1-Mar-17 2:30pm GMT
finance.yahoo.com - March 2 at 4:34 PM
finance.yahoo.com logoMack-Cali Realty Corporation To Present At The Citi 2017 Global Property CEO Conference
finance.yahoo.com - March 2 at 4:34 PM
us.rd.yahoo.com logo3:04 am Mack-Cali Realty beats by $0.01, reports revs in-line; reaffirms FY17 FFO guidance
us.rd.yahoo.com - March 1 at 9:24 PM

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Mack Cali Realty Corp (CLI) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff