Mack Cali Realty (CLI) to Release Earnings on Wednesday

Mack Cali Realty (NYSE:CLI) will be releasing its earnings data after the market closes on Wednesday, February 21st. Analysts expect Mack Cali Realty to post earnings of $0.54 per share for the quarter.

Mack Cali Realty (CLI) opened at $18.55 on Wednesday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $1,687.69, a PE ratio of 80.66, a price-to-earnings-growth ratio of 2.64 and a beta of 1.07. Mack Cali Realty has a one year low of $18.12 and a one year high of $29.70.

A number of research firms have issued reports on CLI. Stifel Nicolaus lowered shares of Mack Cali Realty from a “buy” rating to a “sell” rating in a research note on Wednesday, November 8th. SunTrust Banks set a $28.00 target price on shares of Mack Cali Realty and gave the company a “buy” rating in a research note on Monday, January 22nd. Zacks Investment Research raised shares of Mack Cali Realty from a “sell” rating to a “hold” rating in a research note on Monday, November 13th. ValuEngine downgraded shares of Mack Cali Realty from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Barclays dropped their price target on shares of Mack Cali Realty from $24.00 to $21.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 30th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. Mack Cali Realty has an average rating of “Hold” and a consensus target price of $27.17.

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Mack Cali Realty Company Profile

Mack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company owns and operates a real estate portfolio of Class A office and office/flex properties. It operates in three segments: commercial and other real estate, multi-family real estate and multi-family services.

Earnings History for Mack Cali Realty (NYSE:CLI)

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