Mack-Cali Realty Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mack-Cali Realty in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mack-Cali Realty stock.
View analyst ratings for Mack-Cali Realty or view top-rated stocks.

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Mack-Cali Realty is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Mack-Cali Realty.

Mack-Cali Realty Co. (NYSE:CLI) posted its earnings results on Thursday, February, 25th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.02. Mack-Cali Realty had a negative net margin of 13.17% and a negative trailing twelve-month return on equity of 10.34%.
View Mack-Cali Realty's earnings history.

Mack-Cali Realty's stock was trading at $17.95 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CLI stock has decreased by 6.5% and is now trading at $16.78.
View which stocks have been most impacted by COVID-19.

2 Wall Street analysts have issued twelve-month price targets for Mack-Cali Realty's shares. Their forecasts range from $17.00 to $26.00. On average, they expect Mack-Cali Realty's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 28.1% from the stock's current price.
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9 employees have rated Mack-Cali Realty CEO Mitchell E. Hersh on Glassdoor.com. Mitchell E. Hersh has an approval rating of 45% among Mack-Cali Realty's employees. This puts Mitchell E. Hersh in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Mack-Cali Realty include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), CoreSite Realty (COR), Douglas Emmett (DEI), SL Green Realty (SLG), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Brandywine Realty Trust (BDN), Piedmont Office Realty Trust (PDM) and Franklin Street Properties (FSP).
View all of CLI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mack-Cali Realty investors own include General Electric (GE), Ford Motor (F), Brandywine Realty Trust (BDN), Bristol-Myers Squibb (BMY), Cleveland-Cliffs (CLF), Cisco Systems (CSCO), Corning (GLW), (NWL), Uniti Group (UNIT) and Bank of America (BAC).

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

Mack-Cali Realty's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.54%), Vanguard Group Inc. (13.88%), State Street Corp (5.01%), FMR LLC (4.53%), JPMorgan Chase & Co. (2.30%) and Balyasny Asset Management LLC (1.88%).
View institutional ownership trends for Mack-Cali Realty.

CLI stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Deutsche Bank AG, Morgan Stanley, Morgan Stanley, BlackRock Inc., Renaissance Technologies LLC, Forward Management LLC, and Dimensional Fund Advisors LP.
View insider buying and selling activity for Mack-Cali Realty or view top insider-selling stocks.

CLI stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Adelante Capital Management LLC, Balyasny Asset Management LLC, Heitman Real Estate Securities LLC, Northwood Liquid Management LP, Victory Capital Management Inc., Hawk Ridge Capital Management LP, and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for Mack-Cali Realty or or view top insider-buying stocks.

Shares of CLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CLI stock can currently be purchased for approximately $16.78.

Mack-Cali Realty has a market capitalization of $1.53 billion and generates $313.56 million in revenue each year. The real estate investment trust earns $-51,390,000.00 in net income (profit) each year or $1.07 on an earnings per share basis.

Mack-Cali Realty employs 2,018 workers across the globe.

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

Mack-Cali Realty is headquartered at HARBORSIDE 3 210 HUDSON ST. SUITE. 400, JERSEY CITY NJ, 07311.

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]