Mack-Cali Realty (CLI) EPS Estimated At $0.50; Profile of 2 Analysts Covering Chesapeake Lodging Trust (CHSP)

April 16, 2018 - By Ruchi Gupta

Mack-Cali Realty Corporation (NYSE:CLI) Logo

Among 9 analysts covering Chesapeake Lodging Trust (NYSE:CHSP), 2 have Buy rating, 3 Sell and 4 Hold. Therefore 22% are positive. Chesapeake Lodging Trust had 32 analyst reports since July 31, 2015 according to SRatingsIntel. As per Friday, September 29, the company rating was maintained by Robert W. Baird. The firm earned “Hold” rating on Friday, September 22 by KeyBanc Capital Markets. The company was maintained on Thursday, November 2 by SunTrust. SunTrust maintained the stock with “Hold” rating in Thursday, February 15 report. The rating was downgraded by Ladenburg Thalmann to “Sell” on Tuesday, January 19. Robert W. Baird maintained it with “Buy” rating and $30.0 target in Friday, December 1 report. The firm has “Hold” rating by Deutsche Bank given on Tuesday, November 3. As per Monday, October 5, the company rating was downgraded by KeyBanc Capital Markets. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, November 2 report. The rating was maintained by RBC Capital Markets on Monday, January 4 with “Outperform”. See Chesapeake Lodging Trust (NYSE:CHSP) latest ratings:

15/02/2018 Broker: SunTrust Rating: Hold New Target: $26.0 Maintain
16/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $29.0 Maintain
09/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $23 New Target: $26 Maintain
01/12/2017 Broker: Robert W. Baird Rating: Buy New Target: $30.0 Maintain
16/11/2017 Broker: J.P. Morgan Rating: Sell Downgrade
16/11/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
06/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $27.0 Maintain
03/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $27.0 Maintain
02/11/2017 Broker: SunTrust Rating: Hold New Target: $24.0 Maintain
23/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

Analysts expect Mack-Cali Realty Corporation (NYSE:CLI) to report $0.50 EPS on May, 8.They anticipate $0.06 EPS change or 10.71% from last quarter’s $0.56 EPS. CLI’s profit would be $50.29M giving it 8.51 P/E if the $0.50 EPS is correct. After having $0.50 EPS previously, Mack-Cali Realty Corporation’s analysts see 0.00% EPS growth. The stock increased 0.89% or $0.15 during the last trading session, reaching $17.01. About 259,167 shares traded. Mack-Cali Realty Corporation (NYSE:CLI) has declined 38.52% since April 16, 2017 and is downtrending. It has underperformed by 50.07% the S&P500.

Among 9 analysts covering Mack Cali Realty Corp (NYSE:CLI), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Mack Cali Realty Corp had 39 analyst reports since August 14, 2015 according to SRatingsIntel. Stifel Nicolaus upgraded Mack-Cali Realty Corporation (NYSE:CLI) on Monday, February 26 to “Hold” rating. Evercore maintained it with “Hold” rating and $21 target in Tuesday, September 8 report. Barclays Capital maintained Mack-Cali Realty Corporation (NYSE:CLI) rating on Tuesday, July 18. Barclays Capital has “Underweight” rating and $28 target. As per Monday, March 5, the company rating was maintained by Citigroup. JP Morgan upgraded Mack-Cali Realty Corporation (NYSE:CLI) on Friday, December 16 to “Overweight” rating. The stock of Mack-Cali Realty Corporation (NYSE:CLI) earned “Buy” rating by SunTrust on Monday, January 22. The rating was maintained by Citigroup on Thursday, September 21 with “Neutral”. On Friday, August 18 the stock rating was maintained by Barclays Capital with “Underweight”. The rating was downgraded by Zacks on Friday, August 14 to “Buy”. Deutsche Bank maintained Mack-Cali Realty Corporation (NYSE:CLI) rating on Monday, March 21. Deutsche Bank has “Hold” rating and $22 target.

One of the country's leading Real Estate Investment Trusts , Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout the Northeast. The company has market cap of $1.71 billion. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the firm 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. It has a 293.28 P/E ratio. 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 two decades.

Investors sentiment decreased to 1.23 in 2017 Q4. Its down 0.27, from 1.5 in 2017Q3. It dropped, as 14 investors sold Mack-Cali Realty Corporation shares while 64 reduced holdings. 25 funds opened positions while 71 raised stakes. 86.20 million shares or 1.35% less from 87.38 million shares in 2017Q3 were reported. Kempen Capital Nv has invested 0.1% in Mack-Cali Realty Corporation (NYSE:CLI). Amer National Tx stated it has 12,000 shares. Jane Street Gp Ltd Limited Liability Company reported 17,637 shares or 0% of all its holdings. Legal & General Group Public Limited Company holds 363,955 shares or 0.01% of its portfolio. Wells Fargo Mn, California-based fund reported 153,336 shares. Moreover, Amundi Pioneer Asset Mgmt has 0% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 67,130 shares. Delta Asset Mgmt Tn reported 1,235 shares. Riverhead Management Limited Liability holds 0.01% or 5,705 shares. Chevy Chase Tru, a Maryland-based fund reported 77,200 shares. Alberta – Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt has invested 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Morgan Stanley owns 6.40M shares. Parallax Volatility Advisers Lp reported 13,776 shares or 0% of all its holdings. Shelton Mngmt holds 10,294 shares. Teacher Retirement System Of Texas stated it has 29,463 shares or 0% of all its holdings. Goldman Sachs Grp, New York-based fund reported 422,565 shares.

Since March 6, 2018, it had 1 insider purchase, and 0 insider sales for $97,781 activity. Smetana David J had bought 5,800 shares worth $97,781.

Chesapeake Lodging Trust is an equity real estate investment trust. The company has market cap of $1.72 billion. The firm invests in the real estate markets of the United States. It has a 26.17 P/E ratio. It primarily invests in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations.

The stock increased 0.83% or $0.24 during the last trading session, reaching $29.05. About 135,300 shares traded. Chesapeake Lodging Trust (NYSE:CHSP) has risen 14.89% since April 16, 2017 and is uptrending. It has outperformed by 3.34% the S&P500.

Investors sentiment decreased to 1.14 in Q4 2017. Its down 0.02, from 1.16 in 2017Q3. It dived, as 21 investors sold Chesapeake Lodging Trust shares while 53 reduced holdings. 36 funds opened positions while 48 raised stakes. 56.19 million shares or 4.83% less from 59.05 million shares in 2017Q3 were reported. Arizona State Retirement Systems stated it has 101,005 shares. Moreover, Teacher Retirement System Of Texas has 0% invested in Chesapeake Lodging Trust (NYSE:CHSP) for 20,676 shares. Amalgamated Natl Bank stated it has 0.01% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP). Wells Fargo Mn stated it has 0.01% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP). Moreover, Dupont Cap Management has 0.04% invested in Chesapeake Lodging Trust (NYSE:CHSP). Citadel Advsr Ltd Liability Corporation accumulated 168,422 shares. Citigroup accumulated 266,651 shares. Eii Capital Mngmt accumulated 10,742 shares or 0.12% of the stock. Old Mutual Invsts (Uk) Limited owns 8,338 shares for 0% of their portfolio. Swiss Bankshares holds 0% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP) for 102,400 shares. Mason Street Advisors Ltd Limited Liability Company has 15,630 shares for 0.01% of their portfolio. Mutual Of America Lc has invested 0.08% in Chesapeake Lodging Trust (NYSE:CHSP). Geode Mgmt Ltd Co reported 0.01% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP). Amundi Pioneer Asset Mngmt invested in 0% or 40,218 shares. Strs Ohio invested in 0.01% or 93,471 shares.

Chesapeake Lodging Trust (NYSE:CHSP) Institutional Positions Chart

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