About
About Mack-Cali Realty Corporation
One of the country's leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout New Jersey. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. A fully integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for over two decades. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live.
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5 years, 4 months ago
Mack-Cali Realty Corporation is currently in a long term uptrend where the price is trading 16.1% above its 200 day moving average.
From a valuation standpoint, the stock is 49.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 5.0.
Mack-Cali Realty Corporation's total revenue rose by 277.9% to $81M since the same quarter in the previous year.
Its net income has increased by 220.1% to $66M since the same quarter in the previous year.
Finally, its free cash flow grew by 96.5% to $-6M since the same quarter in the previous year.
Based on the above factors, Mack-Cali Realty Corporation gets an overall score of 5/5.