Home News Present Technicals: Mack-Cali Realty Corporation (NYSE: CLI)

Present Technicals: Mack-Cali Realty Corporation (NYSE: CLI)

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Mack-Cali Realty Corporation is in the REITs industry and real estate sector. The company CEO is Michael J. DeMarco. Mack-Cali Realty Corp is a part of the real estate sector. As a self-managed real estate investment trust, it is engaged in the leasing, management, acquisition and development works.

Previous Intraday Trading Performance:

The CLI stock showed a previous change of -0.24% with an open at 21.24 and a close of 21.16. It reached an intraday high of 21.45 and a low of 21.11.

SeekingAlpha:  Mack-Cali nominates two to board

Liquidity:

The stock has a market cap of $1.9b with 90.3m shares outstanding, of which the float is 88.2m shares. Trading volume reached 231,576 shares compared to its average volume of 481,217 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Mack-Cali Realty Corporation shares returned 1.98% and in the past 30 trading days it returned 10.71%. Over three months, it changed 4.34%. In one year it has changed 17.91% and within that year its 52-week high was 22.26 and its 52-week low was 15.86. CLI stock is 33.42% above its 52 Week Low.

Our calculations show a 200 day moving average of 19.71 and a 50 day moving average of 20.40. Currently CLI stock is trading 7.35% above its 200 day moving average.

PR Newswire:  Mack-Cali Announces Upcoming Changes to Board of Directors

Earnings:

The last annual fiscal EPS for the company was reported at 0.06 that ended on 31st of December 2017, which according to the previous close, that is a PE of 352.67. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.45. The TTM EPS is 1.88, which comes to a TTM PE of 11.26.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.43
06-30-2018:  0.45
03-31-2018:  0.50
12-31-2017:  0.50

The dividend per share is currently 0.80, which is a dividend yield of 3.78%. Also, the payout ratio is 42.55%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 11.61, which means it may be overvalued by -82.24%

Indicators to Watch:

Based on the latest filings, there is 2.40% of insider ownership and 148.10% of institutional ownership. Short-interest is 2,828,651, which is 3.13% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.12. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.11

PR Newswire:  Mack-Cali Announces Upcoming Changes to Board of Directors

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 2.12%, return on assets is 0.62%, profit margin is 14.46%, price-to-sales is 5.14 and price-to-book is 1.31.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 3  :Past Performance Score
 1  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.