NYSE:CLI - Mack Cali Realty Stock Price, Price Target & More

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

Mack Cali Realty declared a quarterly dividend on Wednesday, June 13th. Investors of record on Tuesday, July 3rd will be given a dividend of $0.20 per share on Friday, July 13th. This represents a $0.80 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Monday, July 2nd. View Mack Cali Realty's Dividend History.

Mack Cali Realty Corp (NYSE:CLI) released its earnings results on Wednesday, May, 2nd. The real estate investment trust reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.01. The real estate investment trust earned $138.97 million during the quarter, compared to analyst estimates of $134.47 million. Mack Cali Realty had a return on equity of 2.76% and a net margin of 7.66%. The company's quarterly revenue was down 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 EPS. View Mack Cali Realty's Earnings History.

Mack Cali Realty is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Mack Cali Realty.

Mack Cali Realty updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $1.80-1.90 for the period, compared to the Thomson Reuters consensus estimate of $1.83.

6 equities research analysts have issued 1 year price objectives for Mack Cali Realty's stock. Their forecasts range from $20.00 to $30.00. On average, they expect Mack Cali Realty's share price to reach $24.8333 in the next year. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Ratings 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 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Mack Cali Realty saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,971,659 shares, an increase of 58.6% from the May 31st total of 1,243,193 shares. Based on an average daily volume of 742,730 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.3% of the company's shares are sold short. View Mack Cali Realty's Current Options Chain.

Some companies that are related to Mack Cali Realty include National Retail Properties (NNN), Douglas Emmett (DEI), American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Liberty Property Trust (LPT), New Residential Investment (NRZ), CyrusOne (CONE), Howard Hughes (HHC), DCT Industrial Trust (DCT), Omega Healthcare Investors (OHI), RioCan Real Estate Investment Trust (RIOCF), Starwood Property Trust (STWD), American Campus Communities (ACC), CubeSmart (CUBE) and Hammerson (HMSNF).

News headlines about CLI stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mack Cali Realty earned a media sentiment score of 0.15 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 46.52 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Mack Cali Realty's stock is owned by a number of of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.31%), Westpac Banking Corp (0.12%), Bank of Montreal Can (0.05%), Municipal Employees Retirement System of Michigan (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Mack Cali Realty stock include Alan G Philibosian, David J Smetana, Kevin Loiselle, Michael J Demarco and Nathan Gantcher. View Institutional Ownership Trends for Mack Cali Realty.

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

CLI stock was acquired by a variety of institutional investors in the last quarter, including Westpac Banking Corp 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.

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.

One share of CLI stock can currently be purchased for approximately $19.43.

Mack Cali Realty has a market capitalization of $1.75 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.

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]