Home News Buy or Sell: Mack-Cali Realty Corporation (NYSE: CLI)

Buy or Sell: Mack-Cali Realty Corporation (NYSE: CLI)

SHARE

Mack-Cali Realty Corporation trades as part of the real estate sector and is in the REITs industry. 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 -0.36% with an open at 22.58 and a close of 22.46. It reached an intraday high of 22.67 and a low of 22.41.

PR Newswire:  Mack-Cali Realty Corporation Announces First Quarter 2019 Earnings Release Date

Liquidity:

The stock has a market cap of $2.0b with 90.3m shares outstanding, of which the float is 88.2m shares. Trading volume reached 178,739 shares compared to its average volume of 425,804 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 1.91% and in the past 30 trading days it returned 7.06%. Over three months, it changed 13.15%. In one year it has changed 36.92% and within that year its 52-week high was 22.67 and its 52-week low was 16.42. CLI stock is 36.83% above its 52 Week Low.

Our calculations show a 200 day moving average of 20.30 and a 50 day moving average of 21.38. Currently CLI stock is trading 10.66% above its 200 day moving average.

PR Newswire:  Mack-Cali Realty Corporation Announces First Quarter 2019 Earnings Release Date

Earnings:

The last annual fiscal EPS for the company was reported at 0.8 that ended on 31st of December 2018, which according to the previous close, that is a PE of 28.08. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.41. The TTM EPS is 1.83, which comes to a TTM PE of 12.27.

The dividend per share is currently 0.80, which is a dividend yield of 3.56%. Also, the payout ratio is 43.72%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 15.91, which means it may be overvalued by -41.18%

Indicators to Watch:

Based on the latest filings, there is 2.40% of insider ownership and 147.60% of institutional ownership. Short-interest is 1,158,849, which is 1.28% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.16. 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

SeekingAlpha:  A Focus On Energy: Chevron Is Paying A Fair Price For Anadarko

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 4.91%, return on assets is 1.45%, profit margin is 15.18%, price-to-sales is 5.55 and price-to-book is 1.37.

Company Scores:

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

SHARE
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.