BTIG analyst James W Sullivan maintained a Buy rating on Mack-Cali Realty (NYSE:CLI) Corp. on Monday, setting a price target of $26, which is approximately 35.06% above the present share price of $19.25.
W Sullivan expects Mack-Cali Realty Corp . to post earnings per share (EPS) of -$0.33 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in Mack-Cali Realty, with an average price target of $19.5.
The analysts price targets range from a high of $26 to a low of $16.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $83.74 million and a net profit of $7.03 million. The company's market cap is $1.75 billion.
According to TipRanks.com, BTIG analyst James W Sullivan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.3% and a 72.09% success rate.
Mack-Cali Realty Corp. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and office flex properties located primarily in the Northeast. It operates through the following two segments: Commercial and Other Real Estate and Multi-Family Real Estate and Services. The Commercial and Other Real Estate and Multi-Family Real Estate Portfolio segments provides leasing, property management, acquisition, development, construction, and tenant-related services. The company was founded on May 24, 1994 and is headquartered in Jersey City, NJ.