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Mack-Cali Realty Corporation (CLI)

Stock Price: $16.87 USD 0.14 (0.84%)
Updated May 18, 2021 1:26 PM EDT - Market open
Market Cap 1.50B
Revenue (ttm) 307.60M
Net Income (ttm) -3.84M
Shares Out 90.73M
EPS (ttm) -0.16
PE Ratio n/a
Forward PE n/a
Dividend $0.20
Dividend Yield 1.19%
Trading Day May 18
Last Price $16.87
Previous Close $16.73
Change ($) 0.14
Change (%) 0.84%
Day's Open 16.66
Day's Range 16.46 - 16.98
Day's Volume 146,659
52-Week Range 10.35 - 18.57

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JERSEY CITY, N.J., May 10, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today unveiled the latest phase of the transformation of its Harborside campus in Jersey City.

1 week ago - PRNewsWire

While Mack-Cali's (CLI) multi-family residential portfolio sees decent leasing activity in the first quarter, the pandemic-led woes and high vacancy continue to dampen office portfolio performance.

1 week ago - Zacks Investment Research

Mack-Cali (CLI) delivered FFO and revenue surprises of 28.57% and -16.14%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

JERSEY CITY, N.J., May 6, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the first quarter 2021.

1 week ago - PRNewsWire

JERSEY CITY, N.J., April 27, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces that it will release its first quarter 2021 earnings results after the market close on Thursday...

3 weeks ago - PRNewsWire

JERSEY CITY, N.J., April 20, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces the $255 million sale of its Short Hills, New Jersey office portfolio, a four office building p...

3 weeks ago - PRNewsWire

SHORT HILLS, N.J.--(BUSINESS WIRE)--The Birch Group, a privately-held commercial real estate investor, owner and operator, today announced the $255-million acquisition of a prominent four-building portf...

4 weeks ago - Business Wire

Mack-Cali's (CLI) latest sale of the Metropark portfolio for $254 million is in line with its plans to shed the company's suburban office portfolio and focus on Harborside repositioning.

1 month ago - Zacks Investment Research

JERSEY CITY, N.J., March 30, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces the sale of its Metropark portfolio, located in Edison and Iselin NJ, for $254 million to Opal ...

1 month ago - PRNewsWire

Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Mack-Cali's (CLI) dividend suspension for 2021 allows greater financial flexibility and enables it to preserve capital for other strategic efforts like the Harborside campus repositioning.

1 month ago - Zacks Investment Research

JERSEY CITY, N.J., March 19, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI), announced today that it will continue to suspend its common dividend for the remainder of 2021.

1 month ago - PRNewsWire

Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty. A pair of chief executives and an executive board chair were among the insiders making purc...

Other stocks mentioned: EDIT, XOM, DISCA, EPD, IRWD, PRMW, TDY ...
2 months ago - Benzinga

JERSEY CITY, N.J., March 3, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI), a leading owner, manager, and developer of class A office and luxury multifamily real estate throughout New Jer...

2 months ago - PRNewsWire

Mack-Cali's (CLI) fourth-quarter results were hindered by the same-store cash revenue and net operating income declines in its office portfolio.

2 months ago - Zacks Investment Research

JERSEY CITY, N.J., Feb. 25, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the fourth quarter and full year 2020. FOURTH QUARTER 2020 HIGHLIGHTS - Net incom...

2 months ago - PRNewsWire

WEST NEW YORK, N.J., Feb. 4, 2021 /PRNewswire/ -- Roseland Residential Trust, a subsidiary of Mack-Cali Realty Corporation (NYSE: CLI), today announces the opening of The Capstone at Port Imperial, a ne...

3 months ago - PRNewsWire

Despite Mack-Cali's (CLI) efforts to enhance the residential portfolio and strengthen financial position with sales and refinancing, pandemic-led residential occupancy declines is concerning.

4 months ago - Zacks Investment Research

JERSEY CITY, N.J., Jan. 6, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces a trio of transactions across its residential portfolio, including the sale of its interests in R...

4 months ago - PRNewsWire

CLI is a diversified REIT with office/residential segments that is trading ~40-60% NAV. The board of directors was recently refreshed after a proxy fight with Bow Street LLC.

4 months ago - Seeking Alpha

High leverage and the upcoming debt repayments pose risks. The work-from-home culture is likely to impact CLI's tenants in the finance and accounting industries the most.

4 months ago - Seeking Alpha

Mack-Cali's (CLI) latest sale of the office property, 581 Main Street, for $61 million is in line with its plans to shed the company's suburban office portfolio and focus on Harborside repositioning.

5 months ago - Zacks Investment Research

Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

JERSEY CITY, N.J., Dec. 3, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced the disposition of 581 Main Street, a 203,335-square-foot office building in Woodbridge Township,...

5 months ago - PRNewsWire

Mack-Cali's (CLI) sale of office property, 7 Campus Drive, for $12.75 million, brings its year-to-date suburban office dispositions to $270.35 million.

5 months ago - Zacks Investment Research

JERSEY CITY, N.J., Nov. 23, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE:CLI) today announced the disposition of 7 Campus Drive, a 154,820-square-foot office building in Parsippany, NJ, to Bi...

5 months ago - PRNewsWire

Mack-Cali Realty Corp (CLI) CEO MaryAnne Gilmartin on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

While Mack-Cali's (CLI) Q3 results witness a rise in same-store cash NOI for its office portfolio, muted leasing activity in the office and multi-family segments is a headwind for the company.

6 months ago - Zacks Investment Research

Mack-Cali (CLI) delivered FFO and revenue surprises of 3.45% and -34.37%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

JERSEY CITY, N.J., Nov. 4, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the quarter ended September 30, 2020. THIRD QUARTER 2020 HIGHLIGHTS Net income (lo...

6 months ago - PRNewsWire

JERSEY CITY, N.J., Oct. 15, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that it will release its third quarter 2020 earnings results after the market close on Wednesday...

7 months ago - PRNewsWire

JERSEY CITY, N.J., Oct. 12, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced the hiring of a new team of internal and external professionals to execute the repositioning, le...

7 months ago - PRNewsWire

Mack-Cali suspends dividend payment for the third and fourth quarters to preserve liquidity during these uncertain times. Advancing on property disposals, it has completed sale of nearly $215 million.

7 months ago - Zacks Investment Research

JERSEY CITY, N.J., Sept. 30, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) announced today that it will be suspending its common dividend for the third and fourth quarters of 2020. Havin...

7 months ago - PRNewsWire

The sale of the 10-building commercial portfolio comes as part of Mack-Cali's (CLI) efforts to dispose of suburban non-core office properties and refocus on Hudson County Waterfront portfolio leasing.

8 months ago - Zacks Investment Research

JERSEY CITY, N.J., Sept. 14, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) announced today that it will be participating in the virtual 2020 Bank of America Global Real Estate Conference...

8 months ago - PRNewsWire

Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock?

8 months ago - Zacks Investment Research

WEEHAWKEN, N.J., Aug. 26, 2020 /PRNewswire/ -- Roseland Residential Trust, a subsidiary of Mack-Cali Realty Corporation (NYSE: CLI), today announced that acclaimed Chef Marcus Samuelsson has brought his...

8 months ago - PRNewsWire

Is Mack-Cali Realty (CLI) a great pick from the value investor's perspective right now? Read on to know more.

9 months ago - Zacks Investment Research

Mack-Cali's (CLI) Q2 results reflect fall in leasing activity in its office portfolio. The company, however, sees substantial rent collections for July.

9 months ago - Zacks Investment Research

Mack-Cali Realty Corporation (CLI) CEO MaryAnne Gilmartin on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Mack-Cali (CLI) delivered FFO and revenue surprises of -9.68% and -38.83%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Mack-Cali Realty Corp. CLI, +1.05% reported Monday adjusted funds from operations that missed expectations has revenue surprisingly fell, as the real estate investment trust has experienced challenges a...

9 months ago - Market Watch

JERSEY CITY, N.J., Aug. 3, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the second quarter 2020.

9 months ago - PRNewsWire

The big question about the economy is how much unemployment is cyclical or structural.

Other stocks mentioned: BXP, QQQ, SLG, SPY
9 months ago - Seeking Alpha

Mack-Cali: Overlevered Hedge Fund Target Is A REIT To Avoid

9 months ago - Seeking Alpha

JERSEY CITY, N.J., July 24, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that it will release its second quarter 2020 earnings results before market open on Monday, Augu...

9 months ago - PRNewsWire

Shares of real estate investment trusts (REITs) focused on business office properties were hit hard Monday, after Deutsche Bank analyst Derek Johnston downgraded some, and cut price targets all the comp...

Other stocks mentioned: BXP, KRC, SLG, VNO, XLRE
9 months ago - Market Watch

CLI vs. WELL: Which Stock Is the Better Value Option?

Other stocks mentioned: WELL
10 months ago - Zacks Investment Research

JERSEY CITY, N.J., July 1, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that its Board of Directors has declared a cash dividend of $0.20 per common share (indicating an...

10 months ago - PRNewsWire

About CLI

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 New Jersey. 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, divers... [Read more...]

Industry
REIT-Office
IPO Date
Aug 24, 1994
Stock Exchange
NYSE
Ticker Symbol
CLI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for CLI stock is "Hold." The 12-month stock price forecast is 17.33, which is an increase of 2.73% from the latest price.

Price Target
$17.33
(2.73% upside)
Analyst Consensus: Hold