Mack-Cali Realty Corporation (CLI)

$18.35

-0.04 (-0.22%)
Rating:
Recommendation:
Strong Buy
Symbol CLI
Price $18.35
Beta 1.005
Volume Avg. 0.71M
Market Cap 1.669B
Shares () -
52 Week Range 11.74-19.8999
1y Target Est -
DCF Unlevered CLI DCF ->
DCF Levered CLI LDCF ->
ROE -2.65% Neutral
ROA -0.79% Neutral
Operating Margin -
Debt / Equity 236.09% Strong Buy
P/E -
P/B 1.28 Strong Buy
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Mr. Michael DeMarco
Real Estate
REIT—Office
New York Stock Exchange

One of the country's leading real estate investment trusts (REITs), 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. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the company 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. 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. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live.