Mack-Cali Realty Corporation (CLI): Price and Financial Metrics
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CLI Price/Volume Stats
|Current price||$18.35||52-week high||$19.90|
|Prev. close||$18.39||52-week low||$11.74|
|Day high||$18.53||Avg. volume||658,571|
|50-day MA||$18.22||Dividend yield||N/A|
|200-day MA||$17.17||Market Cap||1.67B|
Mack-Cali Realty Corporation (CLI) Company Bio
Mack-Cali Realty Corporation engages in the leasing, management, acquisition, development, and construction of commercial real estate properties in the United States. The company was founded in 1994 and is based in Cranford, New Jersey.
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Below are the latest news stories about Mack Cali Realty Corp that investors may wish to consider to help them evaluate CLI as an investment opportunity.
Veris Residential, Inc. (NYSE: VRE), a forward-thinking, environmentally- and socially-conscious REIT that primarily owns, operates, acquires, and develops Class A multifamily properties, today announced the establishment of an At-The-Market share offering program (the "ATM Program") through which the company may issue and sell, from time to time, up to $200 million shares of its common stock. The company intends to use net proceeds from any sales of the shares under the ATM Program for general
With its transition into a pure-play multifamily REIT, Mack-Cali (CLI) changes its name to Veris Residential.
Mack-Cali Realty Corp. said Tuesday it has changed its name to Veris Residential Inc., as the company transitions to a pure-play multifamily real estate investment trust (REIT). The company said it will own, operate and acquire properties that meet the "sustainability-conscious" lifestyle needs of current residents. The company said its stock will continue to trade on the NYSE, but the ticker symbol will change to "VRE" on Dec. 10. "Our new brand, Veris Residential, encapsulates our responsible,
Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has rebranded to Veris Residential, Inc. reflecting the company's new strategic direction and corporate values as it transitions into a pure-play multifamily REIT and seeks to generate long-term value for shareholders. The company will continue to be publicly traded on the New York Stock Exchange and will do so under its new name and new ticker symbol, VRE, effective as of December 10, 2021.
Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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