20.73 +0.15 (0.72%)
After hours: 4:26PM EDT
|Bid||15.36 x 1000|
|Ask||20.58 x 800|
|Day's Range||20.51 - 21.24|
|52 Week Range||18.74 - 24.88|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||7.78|
|Earnings Date||Oct 29, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||0.80 (3.80%)|
|1y Target Est||23.81|
Mack Cali's Q2 performance indicates a slowdown in leasing activity at its office and residential portfolios as well as a year-on-year decline in revenues.
Mack-Cali (CLI) delivered FFO and revenue surprises of -2.44% and -0.42%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
JERSEY CITY, N.J. , Aug. 7, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the second quarter 2019. SECOND QUARTER 2019 HIGHLIGHTS Reported net income (loss) ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Mack-Cali Realty Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Federal Realty's (FRT) Q2 performance highlights growth in property operating income and cash-basis rollover rise on comparable spaces. Also, the company hikes its regular quarterly dividend.
Realty Income (O) will likely gain from focus on tenants from its service, non-discretionary and Internet-resilient business amid choppy retail real estate market in Q2.
While efforts to fortify inter-connection services and networks business will aid Equinix's (EQIX) Q2 earnings, declining average price per cabinet highlights its vulnerability to pricing pressure.
While Iron Mountain (IRM) is expected to enjoy recurring storage rental revenues in Q2, its total adjusted service revenues will likely decline due to dropping activity rates.
Higher demand for residential properties and a strategic redevelopment program will likely aid Mid-America Apartment (MAA) in Q2 amid elevated supply of new units in certain markets.
While solid origination volumes will support Arbor Realty's (ABR) Q2 results, anticipated year-over-year decline in its bottom line might thwart the company's quarterly performance.
--Conference Call To Be Held With Management-- JERSEY CITY, N.J. , July 23, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that it will release its second quarter 2019 earnings ...
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JERSEY CITY, N.J. , June 18, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) ("the Company" or "Mack- Cali ") today announced that, based on the final, certified vote ...
JERSEY CITY, N.J. , June 12, 2019 /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 ...
JERSEY CITY, N.J., June 12, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) (the "Company" or "Mack-Cali") today announced that, in an effort to accelerate the Company's ongoing process to refresh its Board of Directors, four of the Company's current directors, David S. Mack, Nathan Gantcher, Alan G. Philibosian and Vincent Tese, have decided not to stand for re-election at the Company's Annual Meeting of Stockholders (the "Annual Meeting") scheduled for today, June 12, 2019. Accordingly, the Company has withdrawn its previous nominations of Messrs. Mack, Gantcher, Philibosian and Tese to stand for election to the Board at the Annual Meeting. As a result of the Company's withdrawal of these four candidates from nomination, eleven individuals remain nominated to stand for election as directors at the Annual Meeting, all of whom will be elected to the Board at the Annual Meeting.
Mack-Cali Realty Corp NYSE:CLIView 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 * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CLI totaled $68.73 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. CLI credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.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.
JERSEY CITY, N.J., June 6, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) (the "Company" or "Mack-Cali") today urged stockholders to vote "FOR ALL" of the Company's 11 highly qualified director nominees on the WHITE proxy card at the Company's 2019 Annual Meeting of Stockholders scheduled for June 12, 2019 (the "Annual Meeting").
JERSEY CITY, N.J., June 5, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) (the "Company" or "Mack-Cali") today reiterated the Company's previously announced commitment to form a committee of independent directors to review the Company's strategic direction (the "Strategic Review Committee" or the "Committee"). Mack-Cali also clarified the misinformation about the Committee's composition and mandate contained in certain public statements previously made by Bow Street Special Opportunities Fund XV, LP ("Bow Street"). As previously announced, the Mack-Cali Board of Directors intends to form a Strategic Review Committee comprising solely independent directors to review the Company's strategic direction and all available alternatives for maximizing stockholder value, including a potential sale of the Company or certain of its assets. The Board expects to form the Committee immediately following the Company's upcoming Annual Meeting of Stockholders (the "Annual Meeting") scheduled for June 12, 2019.
JERSEY CITY, N.J. , June 3, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) announced today that it will be participating in REITWeek: NAREIT's Investor Conference being held June 4-6, 2019 ...