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

$21.15
-0.33 (-1.54 %)
(As of 02/25/2020 08:00 AM ET)
Today's Range
$20.72
Now: $21.15
$21.38
50-Day Range
$21.15
MA: $22.42
$23.63
52-Week Range
$19.96
Now: $21.15
$24.88
Volume892,700 shs
Average Volume602,722 shs
Market Capitalization$1.92 billion
P/E Ratio10.42
Dividend Yield3.72%
Beta1.11
One of the country's leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout the Northeast. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP55448910
Phone732-590-1010

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$530.61 million
Cash Flow$2.90 per share
Book Value$18.79 per share

Profitability

Net Income$84.11 million

Miscellaneous

Employees352
Market Cap$1.92 billion
Next Earnings Date2/26/2020 (Confirmed)
OptionableOptionable

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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 announced a quarterly dividend on Tuesday, December 17th. Investors of record on Friday, January 3rd will be paid a dividend of $0.20 per share on Friday, January 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Thursday, January 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 quarterly earnings data on Wednesday, October, 30th. The real estate investment trust reported ($0.65) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $1.04. The real estate investment trust earned $131.88 million during the quarter, compared to the consensus estimate of $120.85 million. Mack Cali Realty had a return on equity of 11.35% and a net margin of 39.15%. The company's revenue for the quarter was down .2% on a year-over-year basis. During the same period last year, the business earned $0.43 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, February 26th 2020. View Earnings Estimates for Mack Cali Realty.

How can I listen to Mack Cali Realty's earnings call?

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.

What price target have analysts set for CLI?

6 equities research analysts have issued 1 year price objectives for Mack Cali Realty's shares. Their forecasts range from $20.00 to $30.00. On average, they expect Mack Cali Realty's share price to reach $24.83 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Price Targets 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 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.

Has Mack Cali Realty been receiving favorable news coverage?

News stories about CLI stock have been trending neutral this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mack Cali Realty earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Mack Cali Realty.

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

What other stocks do shareholders of Mack Cali Realty own?

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 59)
  • David J. Smetana, Chief Financial Officer (Age 47)
  • Mr. Ricardo Cardoso, Exec. VP & Chief Investment Officer (Age 47)
  • Mr. Giovanni M. DeBari, Chief Accounting Officer
  • Ms. Deidre Crockett, Sr. VP of Corp. Communications & Investor Relations

Who are Mack Cali Realty's major shareholders?

Mack Cali Realty's stock is owned by a variety of of institutional and retail 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.

Which major investors are selling Mack Cali Realty stock?

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.

Which major investors are buying Mack Cali Realty stock?

CLI stock was bought 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, Geode Capital Management LLC and Public Sector Pension Investment Board. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Mack Cali Realty's stock price today?

One share of CLI stock can currently be purchased for approximately $21.15.

How big of a company is Mack Cali Realty?

Mack Cali Realty has a market capitalization of $1.92 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.

What is Mack Cali Realty's official website?

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

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:  2.1 out of 5 (star star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  627
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 2/25/2020 by MarketBeat.com Staff

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