Mack Cali Realty (CLI) Set to Announce Quarterly Earnings on Wednesday

Share on StockTwits

Mack Cali Realty (NYSE:CLI) will issue its quarterly earnings data after the market closes on Wednesday, February 20th. Analysts expect the company to announce earnings of $0.45 per share for the quarter.

Mack Cali Realty stock opened at $21.08 on Monday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.71 and a quick ratio of 0.71. Mack Cali Realty has a one year low of $15.86 and a one year high of $22.26. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 9.45 and a beta of 1.14.

CLI has been the subject of a number of research analyst reports. SunTrust Banks cut Mack Cali Realty from a “buy” rating to a “hold” rating in a research note on Tuesday, January 15th. ValuEngine upgraded Mack Cali Realty from a “hold” rating to a “buy” rating in a research note on Friday, February 8th. Finally, Zacks Investment Research upgraded Mack Cali Realty from a “sell” rating to a “hold” rating in a research note on Wednesday, December 5th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $20.25.

WARNING: This news story was originally posted by Week Herald and is owned by of Week Herald. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at

Mack Cali Realty Company Profile

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.

Featured Story: What does cost of debt say about a company’s financial health?

Earnings History for Mack Cali Realty (NYSE:CLI)

Receive News & Ratings for Mack Cali Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mack Cali Realty and related companies with's FREE daily email newsletter.

Leave a Reply