Mack-Cali Realty Corporation (CLI)
Stock Price:
$13.66 USD
-0.13 (-0.94%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
1.24B |
| Revenue (ttm) |
327.20M |
| Net Income (ttm) |
-172.56M |
| Shares Out |
90.71M |
| EPS (ttm) |
-2.52 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| Dividend |
$0.80 |
| Dividend Yield |
5.86% |
Stock Quote
| Trading Day |
Aug 12, 2020 |
| Last Price |
$13.66 |
| Previous Close |
$13.79 |
| Change ($) |
-0.13 |
| Change (%) |
-0.94% |
| Day's Open |
14.03 |
| Day's Range |
13.50 - 14.05 |
| Day's Volume |
339,474 |
| 52-Week Range |
12.56 - 23.89 |
More Stats
| Market Cap |
1.24B |
| Enterprise Value |
4.08B |
| Earnings Date (est) |
Oct 28, 2020 |
| Ex-Dividend Date |
Jul 10, 2020 |
| Shares Outstanding |
90.71M |
| Float |
86.21M |
| EPS (basic) |
-2.19 |
| EPS (diluted) |
-2.52 |
| FCF / Share |
-4.86 |
| Dividend |
$0.80 |
| Dividend Yield |
5.86% |
| Earnings Yield |
n/a |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
5.61M |
| Short Ratio |
11.45 |
| Short % of Float |
9.27% |
| Beta |
1.10 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
3.79 |
| PB Ratio |
0.89 |
| Revenue |
327.20M |
| Operating Income |
-44.27M |
| Net Income |
-172.56M |
| Free Cash Flow |
-440.43M |
| Net Cash |
-2.84B |
| Net Cash / Share |
-31.26 |
| Gross Margin |
61.29% |
| Operating Margin |
-13.53% |
| Profit Margin |
-57.80% |
| FCF Margin |
-134.60% |
| ROA |
-0.03% |
| ROE |
-3.00% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (7)
| Buy |
1 |
| Overweight |
0 |
| Hold |
4 |
| Underweight |
1 |
| Sell |
1 |
Price Target
$17.57*
(28.62% upside)
Low
14.0
Current: $13.66
High
30.0
Target: 17.57
*Average 12-month price target from 7 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 351 | 366 | 459 | 613 | 595 | 637 | 667 | 651 | 652 | 774 |
| Revenue Growth | -4.04% | -20.33% | -25.17% | 3.11% | -6.58% | -4.53% | 2.52% | -0.25% | -15.7% | - |
| Gross Profit | 201 | 210 | 266 | 346 | 323 | 334 | 375 | 392 | 392 | 438 |
| Operating Income | -20.76 | 18.86 | 73.68 | 105 | -96.33 | 88.81 | 33.60 | 160 | 181 | 215 |
| Net Income | 112 | 84.11 | 23.19 | 117 | -126 | 28.57 | -14.91 | 40.92 | 71.42 | 54.90 |
| Shares Outstanding | 90.56 | 90.39 | 90.01 | 89.75 | 89.29 | 88.73 | 87.76 | 87.74 | 86.05 | 79.22 |
| Earnings Per Share | 0.95 | 0.80 | 0.06 | 1.30 | -1.41 | 0.32 | -0.17 | 0.47 | 0.81 | 0.67 |
| EPS Growth | 18.75% | 1233.33% | -95.38% | - | - | - | - | -41.98% | 20.9% | - |
| Dividend Per Share | 0.80 | 0.80 | 0.70 | 0.60 | 0.60 | 0.90 | 1.50 | 1.80 | 1.80 | 1.80 |
| Dividend Growth | 0% | 14.29% | 16.67% | 0% | -33.33% | -40% | -16.67% | 0% | 0% | - |
| Operating Cash Flow | 132 | 167 | 196 | 100 | 169 | 159 | 199 | 245 | 252 | 223 |
| Capital Expenditures | -400 | -124 | -281 | -131 | -165 | 95.95 | 50.17 | -200 | -91.73 | -92.50 |
| Free Cash Flow | -268 | 42.98 | -84.89 | -31.32 | 4.90 | 255 | 249 | 45.13 | 160 | 131 |
| Cash & Equivalents | 41.17 | 49.55 | 67.97 | 85.56 | 72.42 | 63.79 | 242 | 77.58 | 41.21 | 39.16 |
| Total Debt | 2,809 | 2,793 | 2,810 | 2,340 | 2,145 | 2,089 | 2,363 | 2,204 | 1,914 | 2,089 |
| Net Cash / Debt | -2,767 | -2,743 | -2,742 | -2,254 | -2,073 | -2,025 | -2,121 | -2,127 | -1,873 | -2,050 |
| Assets | 5,293 | 5,061 | 4,958 | 4,297 | 4,054 | 4,192 | 4,515 | 4,526 | 4,296 | 4,362 |
| Liabilities | 3,090 | 3,033 | 3,077 | 2,570 | 2,370 | 2,310 | 2,597 | 2,458 | 2,142 | 2,319 |
| Book Value | 1,494 | 1,487 | 1,476 | 1,706 | 1,456 | 1,625 | 1,642 | 1,767 | 1,890 | 1,758 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Mack-Cali Realty Corporation |
| Country |
United States |
| Employees |
283 |
| CEO |
MaryAnne Gilmartin |
Stock Information
| Ticker Symbol |
CLI |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Office |
| Unique Identifier |
NYSE: CLI |
| IPO Date |
August 24, 1994 |
Description
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. A fully-integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for two decades. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live.