About
About Mack-Cali Realty Corporation
Veris Residential, Inc. is a real estate investment trust that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment. Veris Residential Inc. is based in Jersey City, New Jersey. Veris Residential, Inc. was incorporated in 1949 in Maryland.
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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 19.4% above its 200 day moving average.
From a valuation standpoint, the stock is 24.2% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 4.9.
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 fell by 79.8% to $9M since the same quarter in the previous year.
Based on the above factors, Mack-Cali Realty Corporation gets an overall score of 4/5.