Media coverage about Mack Cali Realty (NYSE:CLI) has trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mack Cali Realty earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 47.1307825321537 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Mack Cali Realty (CLI) opened at $17.65 on Wednesday. The company has a market cap of $1,590.00, a P/E ratio of 294.17, a PEG ratio of 2.82 and a beta of 1.17. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.68. Mack Cali Realty has a 12-month low of $16.67 and a 12-month high of $28.57.
Mack Cali Realty (NYSE:CLI) last announced its earnings results on Wednesday, February 21st. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.50). The firm had revenue of $143.53 million during the quarter, compared to analysts’ expectations of $146.18 million. Mack Cali Realty had a net margin of 2.16% and a return on equity of 0.79%. analysts forecast that Mack Cali Realty will post 1.83 earnings per share for the current year.
In other news, CFO David J. Smetana bought 5,800 shares of the business’s stock in a transaction on Tuesday, March 6th. The shares were bought at an average price of $16.86 per share, with a total value of $97,788.00. Following the completion of the transaction, the chief financial officer now directly owns 5,800 shares in the company, valued at $97,788. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 6.80% of the stock is owned by insiders.
About Mack Cali Realty
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. It operates in three segments: commercial and other real estate, multi-family real estate and multi-family services.
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