$0.44 EPS Expected for Mack-Cali Realty Corporation (CLI)

October 13, 2018 - By mmahotstuff

Mack-Cali Realty Corporation (NYSE:CLI) LogoInvestors sentiment increased to 1.25 in Q2 2018. Its up 0.11, from 1.14 in 2018Q1. It improved, as 17 investors sold Mack-Cali Realty Corporation shares while 55 reduced holdings. 26 funds opened positions while 64 raised stakes. 80.74 million shares or 1.89% more from 79.24 million shares in 2018Q1 were reported.
United Ser Automobile Association, Texas-based fund reported 876,083 shares. 20,000 were reported by Cacti Asset Mngmt Limited Liability. Teachers And Annuity Association Of America accumulated 117,624 shares or 0.16% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta owns 45,897 shares. Profund Advsrs Limited has invested 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Paloma Prtn Management Company invested 0.01% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI). Tiaa Cref Mgmt Ltd stated it has 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Invesco Ltd has 0% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 74,725 shares. Proshare Ltd Llc accumulated 0.01% or 42,186 shares. Fmr reported 0% in Mack-Cali Realty Corporation (NYSE:CLI). D E Shaw & accumulated 24,316 shares. The Texas-based Amer Insur Communications Tx has invested 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Utah Retirement reported 13,707 shares. Bluecrest has 0.01% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 13,598 shares. 27,347 are held by Bridgewater Assoc Ltd Partnership.

Since June 14, 2018, it had 2 insider purchases, and 1 insider sale for $977,662 activity. GANTCHER NATHAN also bought $493,000 worth of Mack-Cali Realty Corporation (NYSE:CLI) on Thursday, June 14.

Analysts expect Mack-Cali Realty Corporation (NYSE:CLI) to report $0.44 EPS on November, 6.They anticipate $0.13 EPS change or 22.81 % from last quarter’s $0.57 EPS. CLI’s profit would be $44.22M giving it 11.30 P/E if the $0.44 EPS is correct. After having $0.45 EPS previously, Mack-Cali Realty Corporation’s analysts see -2.22 % EPS growth. The stock increased 2.00% or $0.39 during the last trading session, reaching $19.89. About 926,273 shares traded or 76.95% up from the average. Mack-Cali Realty Corporation (NYSE:CLI) has declined 10.99% since October 13, 2017 and is downtrending. It has underperformed by 26.61% the S&P500.

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

Among 4 analysts covering Mack-Cali Realty (NYSE:CLI), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Mack-Cali Realty had 6 analyst reports since June 26, 2018 according to SRatingsIntel. Deutsche Bank maintained Mack-Cali Realty Corporation (NYSE:CLI) rating on Tuesday, June 26. Deutsche Bank has “Hold” rating and $21 target. JP Morgan downgraded Mack-Cali Realty Corporation (NYSE:CLI) on Friday, October 5 to “Neutral” rating. The stock of Mack-Cali Realty Corporation (NYSE:CLI) earned “Neutral” rating by Citigroup on Thursday, June 28. The firm earned “Hold” rating on Wednesday, August 29 by Deutsche Bank. The rating was maintained by Stifel Nicolaus on Tuesday, September 25 with “Hold”. The rating was maintained by Stifel Nicolaus on Thursday, August 16 with “Hold”.

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 $2.00 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 25.43 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.

Mack-Cali Realty Corporation (NYSE:CLI) Institutional Positions Chart

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