Evercore ISI analyst Steve Sakwa maintained a Hold rating on Mack-Cali Realty (NYSE:CLI) Corp. on Wednesday, setting a price target of $17, which is approximately 4.87% above the present share price of $16.21.
Sakwa expects Mack-Cali Realty Corp . to post earnings per share (EPS) of $0.06 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Hold rating of shares in Mack-Cali Realty, with an average price target of $14.33.
The analysts price targets range from a high of $17 to a low of $13.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $76.09 million and a net profit of -$760 thousand. The company's market cap is $1.47 billion.
According to TipRanks.com, Evercore ISI analyst Steve Sakwa is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.8% and a 54.26% 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.