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The REIT is scheduled to report first-quarter earnings on April 25. Analysts, on average, expect earnings of 67 cents a share on revenue of $181.84 million.
"We rate CLI Neutral as result of our less bullish stance on suburban office trends compared to other segments of the REIT space," JPMorgan analysts wrote in a Feb. 23 report. "That said, we believe the company's balance sheet is quite strong and its valuation is fairly cheap."
Forward Annual Dividend Yield: 6.3%
Rated "B- (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the previous year.
In the fourth quarter, stockholders' net worth increased 7.46% from the prior year.
TheStreet Ratings' price target is
$32.66. The stock closed Thursday at $28.79 and has risen 7.87% year to date.
-- Written by Alexandra Zendrian
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