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

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

Mack Cali Realty announced a quarterly dividend on Tuesday, December 17th. Investors of record on Friday, January 3rd will be given a dividend of $0.20 per share on Friday, January 10th. This represents a $0.80 annualized dividend and a yield of 3.66%. The ex-dividend date is Thursday, January 2nd. View Mack Cali Realty's Dividend History.

Mack Cali Realty Corp (NYSE:CLI) posted its earnings results on Wednesday, October, 30th. The real estate investment trust reported ($0.65) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.39 by $1.04. The real estate investment trust had revenue of $131.88 million for the quarter, compared to the consensus estimate of $120.85 million. Mack Cali Realty had a net margin of 39.15% and a return on equity of 11.35%. Mack Cali Realty's quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 earnings per share. View Mack Cali Realty's Earnings History.

Mack Cali Realty is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Mack Cali Realty.

Mack Cali Realty will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 brokerages have issued 12-month price targets for Mack Cali Realty's stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate Mack Cali Realty's share price to reach $24.83 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View Analyst Price Targets 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, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mack Cali Realty.

Media headlines about CLI stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news 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 media sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Mack Cali Realty.

Some companies that are related to Mack Cali Realty include DIGITAL RLTY TR/SH (DLR), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), Kilroy Realty (KRC), Douglas Emmett (DEI), CyrusOne (CONE), SL Green Realty (SLG), Hudson Pacific Properties (HPP), Highwoods Properties (HIW), CoreSite Realty (COR), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN) and Franklin Street Properties (FSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mack Cali Realty investors own include AGNC Investment (AGNC), Verizon Communications (VZ), Energy Transfer LP Unit (ET), Tanger Factory Outlet Centers (SKT), Cisco Systems (CSCO), Apple Hospitality REIT (APLE), Bank of America (BAC), Brookfield Infrastructure Partners (BIP), Covanta (CVA) and General Electric (GE).

Mack Cali Realty's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (6.16%), State Street Corp (5.15%), Renaissance Technologies LLC (4.79%), Victory Capital Management Inc. (2.06%), Victory Capital Management Inc. (2.05%) and Charles Schwab Investment Management Inc. (1.78%). Company insiders that own Mack Cali Realty stock include Alan R Batkin, David J Smetana, Michael J Demarco, Nathan Gantcher and Robert Andrew Marshall. View Institutional Ownership Trends for Mack Cali Realty.

CLI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, State Street Corp, Bank of New York Mellon Corp, HGI Capital Management LLC, Gateway Investment Advisers LLC, SG Americas Securities LLC, Sei Investments Co. and Barington Capital Group L.P.. View Insider Buying and Selling for Mack Cali Realty.

CLI stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Citigroup Inc., Dalton Greiner Hartman Maher & Co., Goldman Sachs Group Inc., UBS Group AG, Real Estate Management Services LLC, Public Sector Pension Investment Board and KBC Group NV. Company insiders that have bought Mack Cali Realty stock in the last two years include Alan R Batkin, David J Smetana, 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, Robinhood, Fidelity and Charles Schwab.

One share of CLI stock can currently be purchased for approximately $21.88.

Mack Cali Realty has a market capitalization of $1.98 billion and generates $530.61 million in revenue each year. The real estate investment trust earns $84.11 million in net income (profit) each year or $1.83 on an earnings per share basis. Mack Cali Realty employs 352 workers across the globe.View Additional Information About Mack Cali Realty.

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

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]