CLI : Summary for Mack-Cali Realty Corporation - Yahoo Finance

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Mack-Cali Realty Corporation (CLI)

NYSE - NYSE Delayed Price. Currency in USD
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28.28+0.17 (+0.60%)
At close: 4:02PM EST
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Previous Close28.11
Bid0.00 x
Ask0.00 x
Day's Range27.94 - 28.34
52 Week Range18.63 - 29.47
Avg. Volume547,811
Market Cap2.83B
PE Ratio (TTM)36.16
Earnings DateN/A
Dividend & Yield0.60 (2.12%)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • PR Newswire5 days ago

    Mack-Cali Realty Corporation Announces Fourth Quarter 2016 Earnings Release Date

    JERSEY CITY, N.J., Feb. 16, 2017 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that it will release its fourth quarter 2016 earnings results after the market close on Tuesday, ...

  • Zacks6 days ago

    Mack-Cali's (CLI) Growth Efforts Look Good: Time to Buy?

    Mack-Cali Realty (CLI) revealed solid progress on its portfolio transforming plan by focusing on waterfront and transit-based office holdings and luxury multi-family assets.

  • PR Newswire7 days ago

    Mack-Cali Makes Substantial Progress In Transforming Its Portfolio

    JERSEY CITY, N.J., Feb. 14, 2017 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) today announced its 2016 and year-to-date 2017 capital markets results.  The Company disposed of 36 non-strategic and underperforming commercial office assets totaling approximately five million square feet, and a 220-unit multi-family community, realizing gross proceeds of approximately $745 million, exceeding our guidance, with a weighted average cap rate of approximately 5.5 percent.  In the same time period, Mack-Cali redeployed more than $500 million in capital to acquire properties that fit the Company's strategic plan for growth. For the fourth quarter 2016 and year-to-date 2017 office dispositions totaled $280 million.  The Company completed the strategic exit out of the DC Metro area with the seven-building portfolio sale in Greenbelt, Maryland, as well as the exit out of multiple Central New Jersey office sub-markets including Freehold, Roseland, and Cranford.  Additionally, included in the $280 million, the Company sold subordinated/ minority interests in numerous office assets held with Keystone Property Group throughout the Tri-State area.