Mack-Cali Realty Corporation (CLI) Analysts See $0.54 EPS

February 14, 2018 - By Jacob Falcon

 Mack Cali Realty Corporation (CLI) Analysts See $0.54 EPS
Investors sentiment increased to 1.5 in 2017 Q3. Its up 0.21, from 1.29 in 2017Q2. It increased, as 16 investors sold Mack-Cali Realty Corporation shares while 52 reduced holdings. 25 funds opened positions while 77 raised stakes. 87.38 million shares or 0.53% more from 86.91 million shares in 2017Q2 were reported.
Victory Mngmt Inc reported 0.08% stake. Teachers Retirement Sys Of The State Of Kentucky has 19,080 shares. Alpine Woods Capital Invsts holds 15,000 shares or 0.02% of its portfolio. The New York-based First Manhattan Communications has invested 0.1% in Mack-Cali Realty Corporation (NYSE:CLI). Sg Americas Ltd Liability holds 0.01% or 31,808 shares. Aqr Cap Mngmt Limited Liability Company holds 0.01% or 316,881 shares. Aperio Group Inc Limited Com invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Delta Asset Management Ltd Company Tn has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Envestnet Asset holds 0% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI) for 11,281 shares. Kbc Grp Inc Nv accumulated 1,377 shares or 0% of the stock. Credit Agricole S A reported 46,478 shares. Ing Groep Nv reported 0.01% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI). Louisiana State Employees Retirement owns 0.03% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 24,000 shares. Nationwide Fund Advsr owns 0.02% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 216,952 shares. Oregon Public Employees Retirement Fund, a Oregon-based fund reported 33,122 shares.

Analysts expect Mack-Cali Realty Corporation (NYSE:CLI) to report $0.54 EPS on February, 27.They anticipate $0.02 EPS change or 3.57 % from last quarter’s $0.56 EPS. CLI’s profit would be $54.20M giving it 8.59 P/E if the $0.54 EPS is correct. After having $0.57 EPS previously, Mack-Cali Realty Corporation’s analysts see -5.26 % EPS growth. The stock decreased 0.86% or $0.16 during the last trading session, reaching $18.55. About 580,779 shares traded. Mack-Cali Realty Corporation (NYSE:CLI) has risen 9.23% since February 14, 2017 and is uptrending. It has underperformed by 7.47% the S&P500.

Mack-Cali Realty Corporation (NYSE:CLI) Ratings Coverage

Among 9 analysts covering Mack Cali Realty Corp (NYSE:CLI), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Mack Cali Realty Corp had 35 analyst reports since August 14, 2015 according to SRatingsIntel. The company was upgraded on Monday, September 14 by Citigroup. Zacks downgraded the shares of CLI in report on Friday, August 14 to “Buy” rating. The company was upgraded on Friday, December 16 by JP Morgan. The firm has “Underweight” rating given on Tuesday, July 19 by Barclays Capital. The firm earned “Underweight” rating on Tuesday, January 30 by Barclays Capital. The firm has “Hold” rating given on Monday, July 18 by Deutsche Bank. The firm has “Neutral” rating by Citigroup given on Friday, December 9. Barclays Capital maintained the shares of CLI in report on Wednesday, March 30 with “Underweight” rating. The rating was maintained by Citigroup with “Neutral” on Thursday, September 21. As per Monday, January 18, the company rating was maintained by Stifel Nicolaus.

One of the country's leading Real Estate Investment Trusts , 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. The company has market cap of $1.86 billion. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the firm 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. It has a 81 P/E ratio. A fully-integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for two decades.

More notable recent Mack-Cali Realty Corporation (NYSE:CLI) news were published by: Prnewswire.com which released: “Mack-Cali Strengthens Executive Management Team” on January 29, 2018, also Finance.Yahoo.com with their article: “Mack-Cali Realty Corporation (NYSE:CLI): What You Have To Know Before Buying …” published on December 29, 2017, Nasdaq.com published: “Mack-Cali Realty Corporation (CLI) Ex-Dividend Date Scheduled for October 02, 2017” on September 29, 2017. More interesting news about Mack-Cali Realty Corporation (NYSE:CLI) were released by: Prnewswire.com and their article: “Mack-Cali Announces $50-Million Capital Improvement Initiative For Suburban …” published on October 24, 2017 as well as Prnewswire.com‘s news article titled: “Mack-Cali Realty Corporation Announces Third Quarter 2017 Results” with publication date: November 07, 2017.

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