CLI News and Press, Mack-Cali Realty Corporation From 01/28/21

Mack-Cali Realty Corporation Announces Fourth Quarter 2020 Earnings Release Date -- Conference Call To Be Held With Management -- PR Newswire JERSEY CITY, N.J. , Jan. 28, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that ...

Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed rents and dividend cuts were the prevailing themes in the REIT sector in mid-2020, the v...

Mack-Cali Realty Corporation Announces Tax Treatment of 2020 Dividends PR Newswire JERSEY CITY, N.J. , Jan. 14, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced the tax treatment of its 2020 dividends. The Company's total distrib...

This article looks at the 50 worst-performing stocks in the S&P SmallCap 600 in the fourth quarter of 2020 and for the full year. By examining the tails of the return distribution, we can gain improved insight into different portfolio return drivers. The two lists feature limi...

Mack-Cali Announces Sale of Riverwatch Commons and Crystal House Apartments; Refinances The Emery at Overlook Ridge PR Newswire JERSEY CITY, N.J. , Jan. 6, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces a trio of transacti...

CLI is a diversified REIT with office/residential segments that is trading ~40-60% NAV. The board of directors was recently refreshed after a proxy fight with Bow Street LLC. New management is intent on improving shareholder value by divesting assets to pay down debt, revitalizing...

High-Yield equity REITs have regularly underperformed. We expect that trend to continue over the next decade. REITs with high yields, low FFO multiples, and weak balance sheets have regularly underperformed. Instead of focusing on those negative-growth REITs, consider a REIT with ...

High leverage and the upcoming debt repayments pose risks. The work-from-home culture is likely to impact CLI’s tenants in the finance and accounting industries the most. The total expected return for next year is not high enough to compensate for CLI’s elevated risk...

Investors in REITs need to consider their alternatives. To make it easier, we’re adding an index of charts for several metrics. Many investors believe that demanding a high-return, often through dividend yield is enough to get it. They can demand until they are blue in the face...

As companies keenly await COVID-19 vaccines that promise to return staff to the office, a new survey from the Pew Research Center suggests that won't be so easy.More than half of U.S. employees currently working from home say they'd like to keep their remote arrangements beyond the pandemic a...