Analyst Ratings for Mack-Cali Realty Corp. (CLI)Updated: 2017-07-27
Shares of Mack-Cali Realty Corp. (NYSE:CLI) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for CLI last month.
3 analysts declared CLI a buy, 0 issued an overweight rating, 5 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for CLI. The most optimistic analyst gave a price target of 32, which equates to a potential upside of 22.94 percent. The most pessimistic analyst gave a price target of 28, implying a possible loss of 7.57 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -6.25 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 300 percent. Meanwhile, fiscal year estimates have been revised upwards by 8 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 533.33 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CLI to grow at a rate of 222.19 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. CLI has a PEG ratio of 0.16.
In the last 52-weeks, CLI has achieved a high of 29.70 and a low of 24.59. Currently the stock is 5.86 percent higher than its low, and below the high by 12.36 percent. CLI has a P/E ratio of 36.15. Investors typically compare the P/E ratio to a company's peers in the industry. The CLI value stock report compares CLI to some of its peers using value stock charts. The market cap of CLI is $2.35 billion. CLI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.