Analyst Activity – Deutsche Bank AG Raises Its Price Target On Mack Cali Realty Corp (NYSE:CLI) to $28.00

10

Analyst Ratings For Mack Cali Realty Corp (NYSE:CLI)

Story continues below

Today, Deutsche Bank AG raised its price target on Mack Cali Realty Corp (NYSE:CLI) to $28.00 per share.

There are 1 sell rating, 3 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Mack Cali Realty Corp (NYSE:CLI) is Hold (Score: 2.29) with a consensus target price of $29.60 per share, a potential 9.02% upside.

Some recent analyst ratings include

  • 1/23/2017-Barclays PLC Reiterated Rating of Underweight.
  • 12/16/2016-JPMorgan Chase & Co. Upgrade from a “Neutral ” rating to a ” Overweight” rating.
  • 12/9/2016-Citigroup Inc was Downgraded by analysts at Citigroup Inc from a “Buy ” rating to a ” Neutral” rating. They now have a $32.00 price target on the stock.
  • 9/19/2016-Evercore ISI Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 8/25/2016-BTIG Research initiated coverage with a Neutral rating.

Dividend information for Mack Cali Realty Corp (NYSE:CLI)

Mack Cali Realty Corp (NYSE:CLI) pays an annual dividend of $0.60 with a yield of 2.21% and an average dividend growth of -26.30% based on a 3 Year Average..

Dividend History for Mack Cali Realty Corp (NYSE:CLI)

  • On 3/14/2017 Mack Cali Realty Corp announced a quarterly dividend of $0.15 2.2% with an ex dividend date of 4/3/2017 which will be payable on 4/13/2017.
  • On 12/14/2016 Mack Cali Realty Corp announced a quarterly dividend of $0.15 2.15% with an ex dividend date of 1/3/2017 which will be payable on 1/13/2017.
  • On 9/27/2016 Mack Cali Realty Corp announced a quarterly dividend of $0.15 2.14% with an ex dividend date of 10/3/2016 which will be payable on 10/14/2016.
  • On 6/1/2016 Mack Cali Realty Corp announced a quarterly dividend of $0.15 2.27% with an ex dividend date of 7/1/2016 which will be payable on 7/15/2016.
  • On 3/8/2016 Mack Cali Realty Corp announced a quarterly dividend of $0.15 2.81% with an ex dividend date of 4/1/2016 which will be payable on 4/15/2016.
  • On 12/8/2015 Mack Cali Realty Corp announced a quarterly dividend of $0.15 2.66% with an ex dividend date of 1/4/2016 which will be payable on 1/15/2016.
  • On 9/22/2015 Mack Cali Realty Corp announced a quarterly dividend of $0.15 3.03% with an ex dividend date of 10/2/2015 which will be payable on 10/15/2015.


  • On 3/17/2017 Alan G. Philibosian, Director, sold 15,000 with an average share price of $27.22 per share and the total transaction amounting to $408,300.00. View SEC Filing
  • On 3/2/2016 Jonathan Litt, Director, bought 48,400 with an average share price of $20.75 per share and the total transaction amounting to $1,004,300.00. View SEC Filing
  • On 2/4/2016 Ricardo Cardoso, EVP, bought 23,000 with an average share price of $19.54 per share and the total transaction amounting to $449,420.00. View SEC Filing
  • On 9/29/2015 Jonathan Litt, Director, bought 130,500 with an average share price of $19.08 per share and the total transaction amounting to $2,489,940.00. View SEC Filing
  • On 9/16/2015 Jonathan Litt, Director, bought 210,000 with an average share price of $19.95 per share and the total transaction amounting to $4,189,500.00. View SEC Filing
  • On 11/19/2014 Jonathan Litt, Director, bought 187,400 with an average share price of $19.15 per share and the total transaction amounting to $3,588,710.00. View SEC Filing
  • On 10/29/2014 Jonathan Litt, Director, sold 187,400 with an average share price of $18.52 per share and the total transaction amounting to $3,470,648.00. View SEC Filing

About Mack Cali Realty Corp (NYSE:CLI)
Mack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company owns and operates a real estate portfolio of Class A office and office/flex properties located primarily in the Northeast. The Company’s segments include commercial and other real estate, multi-family real estate, multi-family services, and corporate & other. It provides leasing, property management, acquisition, development, construction and tenant-related services for its commercial and other real estate, and multi-family real estate portfolio. The Company owns or has interests in approximately 270 properties, consisting of approximately 150 office and over 110 flex properties, totaling approximately 29.9 million square feet, leased to approximately 1,900 commercial tenants and over 20 multi-family rental properties containing approximately 5,640 residential units, plus developable land (collectively, the Properties).

Recent Trading Activity for Mack Cali Realty Corp (NYSE:CLI)
Shares of Mack Cali Realty Corp closed the previous trading session at 27.15 down -0.25 -0.91% with 520,545 shares trading hands.

An ad to help with our costs