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

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$20.56 +0.04 (+0.19 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$20.52
Today's Range$20.32 - $20.70
52-Week Range$15.86 - $22.26
Volume363,002 shs
Average Volume483,163 shs
Market Capitalization$1.86 billion
P/E Ratio9.22
Dividend Yield3.89%
Beta1.17
One of the country's leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout the Northeast. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. A 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

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP55448910
Phone732-590-1010

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$616.20 million
Cash Flow$2.6025 per share
Book Value$18.56 per share

Profitability

Net Income$23.18 million

Miscellaneous

Employees439
Market Cap$1.86 billion
OptionableOptionable

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 Tuesday, December 11th. Shareholders of record on Thursday, January 3rd will be given a dividend of $0.20 per share on Friday, January 11th. This represents a $0.80 annualized dividend and a yield of 3.89%. The ex-dividend date of this dividend is Wednesday, January 2nd. 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 earned $126.58 million during the quarter, compared to analysts' expectations of $133.28 million. Mack Cali Realty had a net margin of 6.81% and a return on equity of 2.19%. The company's revenue was down 90.0% compared to the same quarter last year. During the same period last year, the business posted $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 Wednesday, February 20th 2019. View Earnings Estimates for Mack Cali Realty.

How can I listen to Mack Cali Realty's earnings call?

Mack Cali Realty will be holding an earnings conference call on Thursday, February 21st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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, October, 31st. The company provided earnings per share (EPS) guidance of $1.81-1.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.81.

What price target have analysts set for CLI?

6 Wall Street analysts have issued 12 month price targets for Mack Cali Realty's shares. Their forecasts range from $18.00 to $28.00. On average, they anticipate Mack Cali Realty's share price to reach $21.80 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Price Targets for Mack Cali Realty.

What is the consensus analysts' recommendation 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 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mack Cali Realty.

Has Mack Cali Realty been receiving favorable news coverage?

News stories about CLI stock have been trending very positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mack Cali Realty earned a news impact score of 3.2 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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 59)
  • David J. Smetana, Chief Financial Officer (Age 47)
  • Mr. Ricardo Cardoso, Exec. VP & Chief Investment Officer (Age 47)
  • Ms. Deidre Crockett, Sr. VP, Corp. Communications & Investor Relations
  • Mr. Gary T. Wagner Esq., J.D., Exec. VP, Gen. Counsel & Sec. (Age 59)

Who are Mack Cali Realty's major shareholders?

Mack Cali Realty's stock is owned by many different of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.28%), State of Alaska Department of Revenue (0.03%), Louisiana State Employees Retirement System (0.03%), First Citizens Bank & Trust Co. (0.01%), Contravisory Investment Management Inc. (0.01%) and First Hawaiian Bank (0.01%). 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 major investors are selling Mack Cali Realty stock?

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

Which major investors are buying Mack Cali Realty stock?

CLI stock was purchased by a variety of institutional investors in the last quarter, including First Citizens Bank & Trust Co., Contravisory Investment Management Inc. 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.

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 $20.56.

How big of a company is Mack Cali Realty?

Mack Cali Realty has a market capitalization of $1.86 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.

What is Mack Cali Realty's official website?

The official website for Mack Cali Realty is http://www.mack-cali.com.

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:  2.0 out of 5 (star star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  547
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 1/21/2019 by MarketBeat.com Staff

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