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

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$19.43 -0.38 (-1.92 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$19.81
Today's Range$19.35 - $19.81
52-Week Range$15.86 - $26.97
Volume330,800 shs
Average Volume636,265 shs
Market Capitalization$1.75 billion
P/E Ratio8.88
Dividend Yield4.12%
Beta1.18
Mack Cali Realty logoMack-Cali Realty Corporation is a fully integrated, self-administered, self-managed real estate investment trust (REIT) providing management, leasing, development, and other tenant-related services for its two-platform operations of waterfront and transit-based office and luxury multi-family assets. Mack-Cali provides its tenants and residents with the most innovative communities that empower them to re-imagine the way they work and live. Additional information on Mack-Cali Realty Corporation and the commercial real estate properties and multi-family residential communities available for lease can be found on the Company's website at www.mack-cali.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:CLI
CUSIP55448910
Phone732-590-1010

Debt

Debt-to-Equity Ratio1.54
Current Ratio0.78
Quick Ratio0.78

Price-To-Earnings

Trailing P/E Ratio8.88
Forward P/E Ratio10.79
P/E GrowthN/A

Sales & Book Value

Annual Sales$616.20 million
Price / Sales2.84
Cash Flow$2.6046 per share
Price / Cash7.46
Book Value$18.56 per share
Price / Book1.05

Profitability

EPS (Most Recent Fiscal Year)$2.23
Net Income$23.18 million
Net Margins7.66%
Return on Equity2.76%
Return on Assets0.93%

Miscellaneous

Employees439
Outstanding Shares90,140,000
Market Cap$1,750.44

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 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.

How were Mack Cali Realty's earnings last quarter?

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.

When is Mack Cali Realty's next earnings date?

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

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

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.

What price target have analysts set for CLI?

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.

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 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Mack Cali Realty?

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.

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 58)
  • Mr. Robert Andrew Marshall, Pres & Exec. VP -Devel. of Roseland (Age 48)
  • David J. Smetana, Chief Financial Officer (Age 46)
  • Mr. Ricardo Cardoso, Exec. VP & Chief Investment Officer (Age 46)
  • Ms. Deidre Crockett, Sr. VP of Corp. Communications & Investor Relations

Has Mack Cali Realty been receiving favorable news coverage?

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.

Who are Mack Cali Realty's major shareholders?

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.

Which major investors are selling Mack Cali Realty stock?

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.

Which major investors are buying Mack Cali Realty stock?

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.

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 $19.43.

How big of a company is Mack Cali Realty?

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.

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:  196 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  490
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 7/20/2018 by MarketBeat.com Staff

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