CLI - Mack-Cali Realty Corporation

NYSE - NYSE Delayed Price. Currency in USD
22.32
-0.12 (-0.53%)
At close: 4:02PM EDT

22.32 0.00 (0.00%)
After hours: 4:17PM EDT

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Previous Close22.44
Open22.30
Bid22.29 x 800
Ask22.30 x 800
Day's Range22.22 - 22.44
52 Week Range18.23 - 23.78
Volume319,980
Avg. Volume405,208
Market Cap2.238B
Beta (3Y Monthly)1.03
PE Ratio (TTM)7.38
EPS (TTM)3.02
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & Yield0.80 (3.44%)
Ex-Dividend Date2019-04-01
1y Target Est22.00
Trade prices are not sourced from all markets
  • PR Newswireyesterday

    Mack-Cali Files Investor Presentation Urging Stockholders to Reject Bow Street's Deceptive, Self-Serving Campaign

    JERSEY CITY, N.J., May 22, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) (the "Company" or "Mack-Cali") today announced that it filed an investor presentation with the Securities and Exchange Commission in connection with the Company's 2019 Annual Meeting of Stockholders, scheduled for June 12, 2019 (the "Annual Meeting"). Mack-Cali stockholders of record as of the close of business on April 16, 2019 will be entitled to vote at the Annual Meeting. "We are making tremendous progress on our Waterfront strategy and portfolio transformation, which reinforces our strong belief that acceding to Bow Street's demand for an immediate sale process would fail to maximize value and harm all other Mack-Cali stockholders," said Michael J. DeMarco, Chief Executive Officer.

  • Business Wireyesterday

    Bow Street Releases Investor Presentation to Mack-Cali Shareholders Detailing the Case for Change at Mack-Cali

    Highlights Decades-Long Underperformance, Mismanagement and Poor Corporate Governance; Meaningful Structural Change Overseen by Independent Directors is Required for Value Creation

  • PR Newswire3 days ago

    Mack-Cali Sets the Record Straight Following Bow Street's Disingenuous, Misleading Statements Regarding Settlement Discussions

    JERSEY CITY, N.J., May 20, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) (the "Company" or "Mack-Cali") today issued a public statement in response to a letter dated May 17, 2019 from Bow Street Special Opportunities Fund XV, LP ("Bow Street") to William L. Mack, Chairman of the Mack-Cali Board of Directors, regarding recent settlement discussions between Mack-Cali and Bow Street relating to Bow Street's ongoing proxy contest.  Mack-Cali believes it is important to set the record straight about Bow Street's deceptive and misleading portrayal of the circumstances in which the settlement discussions between the parties were terminated.

  • Thomson Reuters StreetEvents13 days ago

    Edited Transcript of CLI earnings conference call or presentation 2-May-19 3:00pm GMT

    Q1 2019 Mack-Cali Realty Corp Earnings Call

  • Markit16 days ago

    See what the IHS Markit Score report has to say about Mack-Cali Realty Corp.

    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 in this company's sector is expanding 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 $749 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. CLI credit default swap spreads are near 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 score@ihsmarkit.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.

  • PR Newswire16 days ago

    Mack-Cali Sets the Record Straight Regarding Bow Street's Self-Serving Agenda

    JERSEY CITY, N.J., May 7, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) (the "Company") today mailed a letter to its stockholders in connection with the Company's upcoming 2019 Annual Meeting of Stockholders, scheduled for June 12, 2019 (the "Annual Meeting"). Bow Street Special Opportunities Fund XV, LP ("Bow Street") and David Werner Real Estate Investments ("DWREI") approached Mack-Cali with a proposal to acquire the Company's suburban and waterfront office assets, hotel joint venture interests and retail assets at a price far below fair market value.

  • Landlord changes policy to limit 'corporate tenant abuses' in its D.C. properties
    American City Business Journals17 days ago

    Landlord changes policy to limit 'corporate tenant abuses' in its D.C. properties

    The co-owner of Station House, a 378-unit apartment building at 701 Second St. NE, faced scrutiny in 2018 for the misbehavior — to say the least — of short-term corporate renters. Leaseholders were furious, the Washington City Paper reported in July, over the “hordes of guests who use the property as a hotel and the Hill interns who are living there short-term, turning their luxury building into an epicenter, they say, of anything-goes drunken hedonism perpetrated by a rotating cast of characters looking to party.”   The District's zoning administrator, on June 21, 2018, even moved to revoke the property’s certificate of occupancy. It hurt for a bit, Marshall Tycher, chairman of the board of Mack-Cali subsidiary Roseland Realty Trust, said during the company’s most recent earnings call.

  • Mack-Cali Realty Corp (CLI) Q1 2019 Earnings Call Transcript
    Motley Fool20 days ago

    Mack-Cali Realty Corp (CLI) Q1 2019 Earnings Call Transcript

    CLI earnings call for the period ending March 31, 2019.

  • ACCESSWIRE21 days ago

    Mack-Cali Realty Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 2, 2019 / Mack-Cali Realty Corp. (NYSE: CLI ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 2, 2019 at 11:00 AM Eastern ...

  • Mack-Cali (CLI) Q1 FFO & Revenues Miss Estimates, NOI Down
    Zacks21 days ago

    Mack-Cali (CLI) Q1 FFO & Revenues Miss Estimates, NOI Down

    Mack-Cali Realty's (CLI) first-quarter 2019 results indicate softness in its office portfolio. Further, decline in same-store cash net operating income disappoints.

  • Associated Press22 days ago

    Mack-Cali: 1Q Earnings Snapshot

    JERSEY CITY, N.J. (AP) _ Mack-Cali Realty Corp. (CLI) on Wednesday reported a key measure of profitability in its first quarter. The results fell short of Wall Street expectations. The Jersey City, New Jersey-based real estate investment trust said it had funds from operations of $40.8 million, or 40 cents per share, in the period.

  • Mack-Cali Realty Corporation Reports First Quarter 2019 Results
    PR Newswire22 days ago

    Mack-Cali Realty Corporation Reports First Quarter 2019 Results

    JERSEY CITY, N.J. , May 1, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the first quarter 2019. FIRST QUARTER 2019 HIGHLIGHTS - Reported net income of $2.66 ...

  • Here’s What Hedge Funds Think About Mack Cali Realty Corp (CLI)
    Insider Monkey22 days ago

    Here’s What Hedge Funds Think About Mack Cali Realty Corp (CLI)

    During the fourth quarter the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 7 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 […]

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    Zacks24 days ago

    New Strong Sell Stocks for April 29th

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  • Mack-Cali Files Definitive Proxy Materials and Mails Letter to Stockholders
    PR Newswire24 days ago

    Mack-Cali Files Definitive Proxy Materials and Mails Letter to Stockholders

    JERSEY CITY, N.J., April 29, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (CLI) (the "Company") today announced that it has filed definitive proxy materials, including its definitive proxy statement and white proxy card, with the U.S. Securities and Exchange Commission in connection with Mack-Cali's Annual Meeting of Stockholders, scheduled for June 12, 2019, (the "Annual Meeting"). Mack-Cali stockholders of record as of the close of business on April 16, 2019 will be entitled to vote at the Annual Meeting.

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    Zacks27 days ago

    Factors to Aid Mid-America Apartment (MAA) in Q1 Earnings

    Higher demand for residential properties and a strategic redevelopment program will likely offer Mid-America Apartment (MAA) higher pricing power in Q1.

  • What's in the Cards for Equinix (EQIX) This Earnings Season?
    Zacks27 days ago

    What's in the Cards for Equinix (EQIX) This Earnings Season?

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  • Realty Income (O) to Report Q1 Earnings: What's in Store?
    Zacks27 days ago

    Realty Income (O) to Report Q1 Earnings: What's in Store?

    Realty Income's (O) Q1 results are likely to mirror benefits from its focus on tenants from service, non-discretionary and Internet-resilient business amid choppy retail real estate market.

  • Boston Properties (BXP) to Post Q1 Earnings: What's in Store?
    Zacks27 days ago

    Boston Properties (BXP) to Post Q1 Earnings: What's in Store?

    Healthy leasing activity and impressive job growth in Boston Properties' (BXP) market will support its Q1 performance.

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    Zacks28 days ago

    What's in Store for Public Storage's (PSA) Q1 Earnings?

    Public Storage's (PSA) Q1 performance will likely reflect solid demand and benefits from the company's acquisition and expansion efforts, though supply has been rising in a number of its markets.

  • Key Factors to Impact New Residential's (NRZ) Q1 Earnings
    Zacks28 days ago

    Key Factors to Impact New Residential's (NRZ) Q1 Earnings

    While lower mortgage refinancing amid steady-rate environment will likely improve the value of New Residential Investment's (NRZ) servicing portfolio, its net interest income (NII) might decline in Q1.

  • Is a Beat in Store for Simon Property (SPG) in Q1 Earnings?
    Zacks28 days ago

    Is a Beat in Store for Simon Property (SPG) in Q1 Earnings?

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  • Can Favorable Demographics Drive Ventas' (VTR) Q1 Earnings?
    Zacks29 days ago

    Can Favorable Demographics Drive Ventas' (VTR) Q1 Earnings?

    Ageing demography will likely help Ventas (VTR) witness higher absorption of its seniors housing assets. Also, investment in university-based Research & Innovation (R&I) is a strategic fit.

  • Alexandria (ARE) to Post Q1 Earnings: Is a Beat in Store?
    Zacks29 days ago

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    Favorable industry tailwinds and accretive acquisitions in important clusters will likely drive Alexandria Real Estate Equities' (ARE) leasing activity and rental revenue growth in Q1.

  • What's in the Offing for Welltower's (WELL) Q1 Earnings?
    Zacks29 days ago

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