Mack-Cali Realty Corporation Company Profile (NYSE:CLI)

About Mack-Cali Realty Corporation (NYSE:CLI)

Mack-Cali Realty Corporation 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: Office REITs
  • Sub-Industry: Office REITs
  • Symbol: NYSE:CLI
  • CUSIP: 55448910
  • Web:
  • Market Cap: $2.13095 billion
  • Outstanding Shares: 89,804,000
Average Prices:
  • 50 Day Moving Avg: $23.46
  • 200 Day Moving Avg: $25.86
  • 52 Week Range: $22.70 - $29.70
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.45
  • P/E Growth: 45.55
Sales & Book Value:
  • Annual Revenue: $641.51 million
  • Price / Sales: 3.28
  • Book Value: $16.35 per share
  • Price / Book: 1.43
  • Annual Dividend: $0.80
  • Dividend Yield: 3.4%
  • EBITDA: $321.83 million
  • Net Margins: -3.31%
  • Return on Equity: -1.21%
  • Return on Assets: -0.44%
  • Debt-to-Equity Ratio: 1.78%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
  • Average Volume: 584,669 shs.
  • Beta: 1.2
  • Short Ratio: 7.93

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

What is Mack-Cali Realty Corporation's stock symbol?

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

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

Mack-Cali Realty Corporation declared a quarterly dividend on Thursday, September 14th. Investors of record on Tuesday, October 3rd will be given a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 annualized dividend and a yield of 3.42%. The ex-dividend date is Monday, October 2nd. View Mack-Cali Realty Corporation's Dividend History.

How were Mack-Cali Realty Corporation's earnings last quarter?

Mack-Cali Realty Corporation (NYSE:CLI) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.61 by $0.01. The business earned $162.77 million during the quarter, compared to analysts' expectations of $150.94 million. Mack-Cali Realty Corporation had a negative net margin of 3.31% and a negative return on equity of 1.21%. During the same period in the prior year, the company posted $0.55 earnings per share. View Mack-Cali Realty Corporation's Earnings History.

When will Mack-Cali Realty Corporation make its next earnings announcement?

Mack-Cali Realty Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Mack-Cali Realty Corporation.

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

Mack-Cali Realty Corporation issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $2.18-2.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.34.

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

7 brokerages have issued 12-month price objectives for Mack-Cali Realty Corporation's stock. Their forecasts range from $24.00 to $31.00. On average, they expect Mack-Cali Realty Corporation's share price to reach $28.43 in the next twelve months. View Analyst Ratings for Mack-Cali Realty Corporation.

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

Who are Mack-Cali Realty Corporation's key executives?

Mack-Cali Realty Corporation's management team includes the folowing people:

  • William L. Mack, Chairman of the Board
  • Robert Andrew Marshall, President, Chief Operating Officer of Roseland
  • Michael J. DeMarco, Chief Executive Officer
  • Mitchell E. Rudin J.D., Vice Chairman of the Board
  • Anthony Krug, Chief Financial Officer
  • Marshall B. Tycher, Chairman of Roseland
  • Christopher DeLorenzo, Executive Vice President, Leasing
  • Ricardo Cardoso, Chief Investment Officer
  • Gary T. Wagner, General Counsel, Secretary
  • Alan S. Bernikow, Lead Independent Director

Who owns Mack-Cali Realty Corporation stock?

Mack-Cali Realty Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Pensionfund DSM Netherlands (0.06%) and Pensionfund Sabic (0.02%). Company insiders that own Mack-Cali Realty Corporation stock include Alan G Philibosian, Jonathan Litt and Ricardo Cardoso. View Institutional Ownership Trends for Mack-Cali Realty Corporation.

Who bought Mack-Cali Realty Corporation stock? Who is buying Mack-Cali Realty Corporation stock?

Mack-Cali Realty Corporation's stock was bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands and Pensionfund Sabic. Company insiders that have bought Mack-Cali Realty Corporation stock in the last two years include Jonathan Litt and Ricardo Cardoso. View Insider Buying and Selling for Mack-Cali Realty Corporation.

How do I buy Mack-Cali Realty Corporation stock?

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

What is Mack-Cali Realty Corporation's stock price today?

One share of Mack-Cali Realty Corporation stock can currently be purchased for approximately $23.40.

MarketBeat Community Rating for Mack-Cali Realty Corporation (NYSE CLI)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  374
MarketBeat's community ratings are surveys of what our community members think about Mack-Cali Realty Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Mack-Cali Realty Corporation (NYSE:CLI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $28.43 (21.49% upside)
Consensus Price Target History for Mack-Cali Realty Corporation (NYSE:CLI)
Price Target History for Mack-Cali Realty Corporation (NYSE:CLI)
Analysts' Ratings History for Mack-Cali Realty Corporation (NYSE:CLI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/21/2017Stifel NicolausReiterated RatingBuy$30.00LowView Rating Details
9/21/2017Citigroup Inc.Lower Price TargetNeutral$27.50 -> $26.00LowView Rating Details
9/5/2017SunTrust Banks, Inc.UpgradeHold -> Buy$30.00MediumView Rating Details
8/18/2017Barclays PLCLower Price TargetUnderweight -> Underweight$28.00 -> $24.00LowView Rating Details
8/9/2017Evercore ISIReiterated RatingOutperform$33.00 -> $29.00LowView Rating Details
5/25/2017Deutsche Bank AGBoost Price TargetHold$28.00 -> $29.00MediumView Rating Details
12/16/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$31.00N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for Mack-Cali Realty Corporation (NYSE:CLI)
Earnings by Quarter for Mack-Cali Realty Corporation (NYSE:CLI)
Earnings History by Quarter for Mack-Cali Realty Corporation (NYSE CLI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017N/AView Earnings Details
8/2/2017Q2 2017$0.61$0.60$150.94 million$162.77 millionViewListenView Earnings Details
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)


Earnings Estimates for Mack-Cali Realty Corporation (NYSE:CLI)
2017 EPS Consensus Estimate: $2.29
2018 EPS Consensus Estimate: $2.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.54$0.54$0.54
Q2 20171$0.63$0.63$0.63
Q3 20171$0.58$0.58$0.58
Q4 20171$0.54$0.54$0.54
Q1 20181$0.53$0.53$0.53
Q2 20181$0.54$0.54$0.54
Q3 20181$0.54$0.54$0.54
Q4 20181$0.58$0.58$0.58
(Data provided by Zacks Investment Research)


Current Dividend Information for Mack-Cali Realty Corporation (NYSE:CLI)
Most Recent Dividend:10/13/2017
Annual Dividend:$0.80
Dividend Yield:3.42%
Dividend Growth:-26.30% (3 Year Average)
Payout Ratio:-307.69% (Trailing 12 Months of Earnings)
35.40% (Based on This Year's Estimates)
35.71% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Mack-Cali Realty Corporation (NYSE:CLI)

Dividend History by Quarter for Mack-Cali Realty Corporation (NYSE CLI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Mack-Cali Realty Corporation (NYSE:CLI)
Insider Ownership Percentage: 6.80%
Institutional Ownership Percentage: 99.31%
Insider Trades by Quarter for Mack-Cali Realty Corporation (NYSE:CLI)
Institutional Ownership by Quarter for Mack-Cali Realty Corporation (NYSE:CLI)
Insider Trades by Quarter for Mack-Cali Realty Corporation (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)


Headline Trends for Mack-Cali Realty Corporation (NYSE:CLI)
Latest Headlines for Mack-Cali Realty Corporation (NYSE:CLI)
DateHeadline logoMack-Cali Realty Corporation (CLI) Scheduled to Post Quarterly Earnings on Monday - October 16 at 5:26 AM logoMack-Cali Realty Corp. breached its 50 day moving average in a Bearish Manner : CLI-US : October 13, 2017 - October 13 at 5:51 PM logo$153.92 Million in Sales Expected for Mack-Cali Realty Corporation (CLI) This Quarter - October 13 at 11:48 AM logoETFs with exposure to Mack-Cali Realty Corp. : October 12, 2017 - October 12 at 6:02 PM logoComparing Mack-Cali Realty Corporation (CLI) and Its Rivals - October 4 at 12:28 PM logoHead-To-Head Survey: Mack-Cali Realty Corporation (CLI) versus Its Rivals - October 2 at 6:18 PM logoMack-Cali Realty Corporation (CLI) Ex-Dividend Date Scheduled for October 02, 2017 - Nasdaq - September 30 at 3:27 PM logoMack-Cali Realty Corporation (CLI) Given Consensus Rating of "Hold" by Brokerages - September 30 at 10:42 AM logoEx-Dividend Reminder: Mack Cali Realty, Physicians Realty Trust and Bank of Nova Scotia - September 28 at 11:22 AM logoComparing Mack-Cali Realty Corporation (CLI) & Its Peers - September 24 at 8:10 PM logo Brokerages Anticipate Mack-Cali Realty Corporation (CLI) to Announce $0.58 Earnings Per Share - September 22 at 12:14 PM logoCitigroup Inc. Trims Mack-Cali Realty Corporation (CLI) Target Price to $26.00 - September 21 at 7:35 PM logoMack-Cali Realty Corporation (CLI) Given Buy Rating at Stifel Nicolaus - September 21 at 11:24 AM logoComparing Mack-Cali Realty Corporation (CLI) and Its Competitors - September 19 at 10:28 PM logoHead-To-Head Comparison: NorthStar Realty Europe Corp. (NRE) & Mack-Cali Realty Corporation (CLI) - September 18 at 4:28 AM logo[$$] Waterfront Overhaul Follows Population Rise - September 18 at 2:59 AM logo[$$] Mack-Cali Envisions Main Street on Jersey City Waterfront Complex - September 18 at 2:59 AM logo[$$] Mack-Cali Seeks Main Street Vibe on Jersey City, N.J. Waterfront - September 17 at 4:55 PM logoMack-Cali Realty Corporation (CLI) vs. Its Competitors Critical Contrast - September 17 at 4:46 PM logoMack-Cali Realty Corporation (CLI) and Its Rivals Head-To-Head Analysis - September 15 at 10:12 PM logoMack-Cali Realty Corporation (CLI) to Issue $0.20 Quarterly Dividend - September 14 at 5:50 PM logoMack-Cali Realty declares $0.20 dividend - September 14 at 4:52 PM logoMack-Cali Realty (CLI) Presents At Bank of America Merrill Lynch 2017 Global Real Estate Conference - Slideshow - September 13 at 6:28 PM logoHead to Head Contrast: Paramount Group (PGRE) and Mack-Cali Realty Corporation (CLI) - September 11 at 6:34 AM logoMack-Cali Realty Corporation (CLI) and its Rivals Critical Contrast - September 10 at 10:40 AM logoMack-Cali (CLI) Down 12.8% Since Earnings Report: Can It Rebound? - September 7 at 5:23 PM logoSunTrust Banks Weighs in on Mack-Cali Realty Corporation's FY2021 Earnings (CLI) - September 6 at 1:52 PM logoMack-Cali Realty Corporation to Present at the Bank of America Merrill Lynch ... - September 6 at 4:52 AM logoMack-Cali Realty Corporation to Present at the Bank of America Merrill Lynch 2017 Global Real Estate Conference - September 5 at 6:46 PM logoMack-Cali Realty Corporation (CLI) Given Average Recommendation of "Hold" by Analysts - September 5 at 10:44 AM logoBrandywine Realty Trust (BDN) vs. Mack-Cali Realty Corporation (CLI) Head-To-Head Survey - September 4 at 6:22 AM logoHudson Pacific Properties (HPP) and Mack-Cali Realty Corporation (CLI) Critical Survey - September 1 at 2:14 PM logoMack Cali Realty is Oversold - August 29 at 3:12 AM logoHead to Head Contrast: Mack-Cali Realty Corporation (CLI) & Highwoods Properties (HIW) - August 26 at 12:18 PM logoQ4 2018 EPS Estimates for Mack-Cali Realty Corporation (CLI) Lowered by SunTrust Banks - August 24 at 1:08 PM logoQ3 2017 EPS Estimates for Mack-Cali Realty Corporation (CLI) Decreased by Analyst - August 23 at 8:22 AM logoMack-Cali Realty Corp. : CLI-US: Dividend Analysis : July 06th, 2017 (record date) : By the numbers : August 18, 2017 - August 18 at 5:18 PM logo$153.97 Million in Sales Expected for Mack-Cali Realty Corporation (CLI) This Quarter - August 18 at 1:12 PM logoMack-Cali Realty Corporation (CLI) PT Lowered to $24.00 at Barclays PLC - August 18 at 12:38 PM logoMack-Cali Realty Corporation (CLI) vs. Equity Commonwealth (EQC) Financial Contrast - August 16 at 4:04 AM logoReviewing Piedmont Office Realty Trust (PDM) and Mack-Cali Realty Corporation (CLI) - August 13 at 12:40 PM logoSee what the IHS Markit Score report has to say about Mack-Cali Realty Corp. - August 12 at 4:49 PM logoMack-Cali Realty Corporation (NYSE:CLI) Receives Average Rating of "Hold" from Analysts - August 11 at 6:18 PM logoEdited Transcript of CLI earnings conference call or presentation 3-Aug-17 12:30pm GMT - August 4 at 4:56 AM logoInvestor Network: Mack-Cali Realty Corporation to Host Earnings Call - August 3 at 11:48 PM logoMack Cali Realty Enters Oversold Territory - August 3 at 6:47 PM logoMack-Cali Realty's (CLI) CEO Michael DeMarco on Q2 2017 Results - Earnings Call Transcript - August 3 at 6:47 PM logoMack-Cali reports 2Q results - August 3 at 6:47 PM logoMack-Cali Realty Corp. Reports 6% Fall In Q2 Bottom Line - August 2 at 11:07 PM logoMack-Cali Realty Corporation (NYSE:CLI) Updates FY17 Earnings Guidance - August 2 at 9:26 PM



Mack-Cali Realty Corporation (CLI) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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