|Bid||15.20 x 1000|
|Ask||22.05 x 1400|
|Day's Range||21.02 - 21.24|
|52 Week Range||15.86 - 22.26|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||60.92|
|Earnings Date||Feb 20, 2019|
|Forward Dividend & Yield||0.80 (3.81%)|
|1y Target Est||20.43|
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JERSEY CITY, N.J., Feb. 11, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) today announced that the Board of Directors of the Company has increased its size from ten to eleven members, effective immediately, and has nominated Lisa Myers and Laura Pomerantz for election to the Board at the Company's 2019 Annual Meeting of Stockholders, which is currently scheduled to be held on June 12, 2019. The Board has nominated a slate of eleven candidates consisting of Ms. Myers, Ms. Pomerantz and all of the current directors of the Company (other than Kenneth M. Duberstein, who has decided not to stand for re-election and will retire from the Board at the 2019 Annual Meeting) for election to the Board at the 2019 Annual Meeting. In order to comply with certain technical requirements of Maryland law, the Board also intends to appoint Ms. Myers to the Board prior to the 2019 Annual Meeting to fill the vacancy resulting from the increase of the Board size, to serve until the 2019 Annual Meeting.
The Crystal City apartment complex may be in Amazon's backyard, but Greater Washington is not in the long-term plans for Mack-Cali Realty Corp.
# Mack-Cali Realty Corp ### NYSE:CLI View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for CLI with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CLI totaled $1.28 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CLI credit default swap spreads are at their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, Jan. 28, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
JERSEY CITY, N.J., Jan. 24, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) an owner, manager and developer of premier office and multifamily properties on the New Jersey Waterfront, announced today that it will publish tomorrow, January 25, 2019, an investor presentation highlighting the substantial progress made during 2018 along with its forward strategic plan. The Company's executive leadership will host this previously announced event and is providing a webcast scheduled for 12:00 p.m. Eastern Time tomorrow, January 25, 2019. The presentation and event will illustrate the successful evolution of Mack-Cali's business and portfolio which has solidified the Company's position as the premier New Jersey Waterfront and transit-based, owner, manager, and developer of office and multifamily properties.
JERSEY CITY, N.J., Jan. 24, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) today announced its fourth quarter and full year 2018 leasing activity. The Company completed 34 lease transactions aggregating 358,624 square feet in its commercial portfolio. Of these, 39.4% were for new leases and 60.6% were for renewals and other tenant transactions. During 2018, the Company completed a total of 178 lease transactions aggregating 1.9 million square feet in its commercial portfolio.
JERSEY CITY, N.J., Jan. 24, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI), an owner, manager and developer of premier office and luxury multifamily properties on the New Jersey Waterfront, provided a transaction update for the year ended 2018 and through January 24, 2019. Michael DeMarco, Chief Executive Officer stated, "We enter 2019 with a substantially repositioned mixed-use portfolio concentrated on the Jersey City Waterfront after entering into or actively negotiating nearly $1.3 billion of transactions. We are delivering on our commitment to exit both non-core assets and non-core markets while enhancing the synergies and quality of the remaining portfolio. For the full year 2018, the Company completed $384 million of non-core asset sales at an average cap rate of 6.3%, including the first phase of its flex portfolio sale for $70.3 million at a 4.5% cap rate. In addition, the Company is in negotiations to sell its remaining 56-building flex portfolio, comprised of 3.1 million square feet for approximately $487.5 million.
JERSEY CITY, N.J. , Jan. 16, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced the tax treatment of its 2018 dividends. The Company's total distribution of $0.80 per share ...
Disposition of Westchester County Industrial Park Marks Latest Step in Company's Plan to Transform Portfolio ELMSFORD, N.Y. , Jan. 3, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE:CLI), an owner, ...
--Conference Call To Be Held With Management-- JERSEY CITY, N.J. , Jan. 3, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that it will release its fourth quarter 2018 earnings ...
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
JERSEY CITY, N.J. , Dec. 11, 2018 /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 ...
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Third Point because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
Moody's Investors Service ("Moody's") has downgraded Mack-Cali Realty, L.P.'s senior unsecured debt rating to Ba2 from Ba1 following a meaningful decline in the REIT's recurring income stream. In the same rating action, Moody's has downgraded Mack-Cali Realty L.P.'s senior unsecured shelf rating to (P)Ba2 from (P)Ba1 and subordinate debt shelf rating to (P)Ba3 from (P)Ba2.
Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Amazon.com Inc.'s announcement that it will locate one of its second headquarters in Arlington has a lot of people pretty happy. It also has a lot of companies pretty happy. Other than JBG Smith Properties (NYSE: JBGS), which owns many of the existing buildings and development sites in Crystal City and Pentagon City, here are the major property owners near Amazon's future home.