CBL & Associates Properties Company Profile (NYSE:CBL)

About CBL & Associates Properties

CBL & Associates Properties logoCBL & Associates Properties, Inc. (CBL) is a self-managed, self-administered, integrated real estate investment trust (REIT). The Company owns, develops, acquires, leases, manages and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties. Its segments are Malls, Associated Centers, Community Centers and All Other. Its properties are located in over 30 states, and are primarily located in the southeastern and midwestern United States. It conducts its business through CBL & Associates Limited Partnership (the Operating Partnership). It owns two qualified REIT subsidiaries: CBL Holdings I, Inc. and CBL Holdings II, Inc. It owns controlling interests in over 70 Malls, 20 Associated Centers, six Community Centers and eight Office Buildings. It owns non-controlling interests in over 10 Malls, approximately four Associated Centers, over five Community Centers and over five Office Buildings.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: CBL
  • CUSIP: 12483010
Key Metrics:
  • Previous Close: $10.33
  • 50 Day Moving Average: $10.78
  • 200 Day Moving Average: $11.78
  • 52-Week Range: $8.86 - $14.30
  • Trailing P/E Ratio: 13.95
  • Foreward P/E Ratio: 15.23
  • P/E Growth: 3.19
  • Market Cap: $1.79B
  • Outstanding Shares: 170,792,000
  • Beta: 1.27
Profitability:
  • Net Margins: 16.81%
  • Return on Equity: 10.25%
  • Return on Assets: 2.23%
Debt:
  • Debt-to-Equity Ratio: 3.44%
  • Current Ratio: 0.44%
  • Quick Ratio: 0.44%
Additional Links:
Companies Related to CBL & Associates Properties:

Analyst Ratings

Consensus Ratings for CBL & Associates Properties (NYSE:CBL) (?)
Ratings Breakdown: 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $12.75 (21.31% upside)

Analysts' Ratings History for CBL & Associates Properties (NYSE:CBL)
Show:
DateFirmActionRatingPrice TargetDetails
1/30/2017Citigroup Inc.UpgradeSell -> NeutralView Rating Details
1/23/2017Barclays PLCLower Price TargetEqual Weight$13.00 -> $10.00View Rating Details
1/3/2017BTIG ResearchInitiated CoverageNeutralView Rating Details
9/13/2016Jefferies Group LLCReiterated RatingBuyView Rating Details
8/15/2016MizuhoBoost Price TargetNeutral$13.00 -> $14.00View Rating Details
8/12/2016Canaccord GenuityReiterated RatingHoldView Rating Details
7/15/2016Goldman Sachs Group, Inc. (The)DowngradeNeutralView Rating Details
7/14/2016KeyCorpUpgradeSector Weight -> Overweight$15.00View Rating Details
5/5/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
1/27/2016Boenning ScattergoodInitiated CoverageUnderperformView Rating Details
11/16/2015Cowen and CompanyReiterated RatingMarket Perform$17.50 -> $13.50View Rating Details
10/6/2015CIBCDowngradeSector Outperform -> Sector PerformView Rating Details
5/4/2015Royal Bank Of CanadaDowngradeSector Perform -> Underperform$21.00 -> $17.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for CBL & Associates Properties (NYSE:CBL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/1/2017Q416$0.23$0.68$262.42 million$258.49 millionViewListenView Earnings Details
10/27/2016Q316$0.57$0.57$252.31 million$251.72 millionViewN/AView Earnings Details
7/28/2016Q216$0.56$0.59$246.78 million$254.97 millionViewN/AView Earnings Details
4/27/2016Q116$0.54$0.56$260.06 million$263.10 millionViewN/AView Earnings Details
2/3/2016Q415$0.66$0.71$278.70 million$277.63 millionViewN/AView Earnings Details
10/28/2015Q315$0.56$0.56$255.41 million$262.60 millionViewListenView Earnings Details
7/29/2015Q2$0.54$0.54$238.66 million$253.84 millionViewListenView Earnings Details
4/28/2015Q115$0.52$0.52$250.09 million$260.90 millionViewN/AView Earnings Details
2/3/2015Q414$0.66$0.67$271.10 million$283.80 millionViewN/AView Earnings Details
10/29/2014Q3$0.54$0.55$257.54 million$258.70 millionViewN/AView Earnings Details
7/29/2014Q214$0.53$0.55$250.56 million$256.90 millionViewN/AView Earnings Details
4/28/2014Q1 14$0.52$0.52$255.70 million$261.20 millionViewN/AView Earnings Details
2/4/2014Q114$0.61$0.63$279.20 million$282.00 millionViewN/AView Earnings Details
11/5/2013Q413$0.54$0.56$263.35 million$257.10 millionViewN/AView Earnings Details
7/31/2013Q313$0.53$0.55$250.29 million$262.40 millionViewN/AView Earnings Details
4/29/2013Q113$0.51$0.53$260.24 million$266.00 millionViewN/AView Earnings Details
2/5/2013Q412$0.58$0.62$275.89 millionViewN/AView Earnings Details
11/6/2012Q312$0.50$0.54$254.31 million$259.60 millionViewN/AView Earnings Details
7/26/2012$0.49$0.53ViewN/AView Earnings Details
4/30/2012$0.47$0.49ViewN/AView Earnings Details
11/1/2011$0.45$0.48ViewN/AView Earnings Details
8/2/2011$0.46$0.49ViewN/AView Earnings Details
4/28/2011$0.51$0.63ViewN/AView Earnings Details
2/8/2011$0.50$0.62ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CBL & Associates Properties (NYSE:CBL)
Current Year EPS Consensus Estimate: $0.66 EPS
Next Year EPS Consensus Estimate: $0.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.53$0.54$0.54
Q2 20162$0.56$0.57$0.57
Q3 20162$0.57$0.58$0.58
Q4 20163$0.66$0.68$0.67
Q1 20172$0.53$0.54$0.54
Q2 20172$0.54$0.59$0.57
Q3 20172$0.56$0.59$0.58
Q4 20172$0.65$0.68$0.67
Q1 20181$0.54$0.54$0.54
Q2 20181$0.56$0.56$0.56
Q3 20181$0.60$0.60$0.60
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CBL & Associates Properties (NYSE:CBL)
Annual Dividend:$1.06
Dividend Yield:10.09%
Dividend Growth:5.20% (3 Year Average)
Payout Ratio:141.33% (Based on Trailing 12 Months of Earnings)
160.61% (Based on Current Year Consensus EPS Estimate)
153.62% (Based on Next Year Consensus EPS Estimate)

Dividend History for CBL & Associates Properties (NYSE:CBL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/4/2016Quarterly$0.2712/28/201612/30/20161/16/2017
8/25/2016Quarterly$0.279/28/20169/30/201610/14/2016
6/3/2016Quarterly$0.276/28/20166/30/20167/15/2016
2/26/2016Quarterly$0.273/28/20163/30/20164/15/2016
11/16/2015Quarterly$0.2712/28/201512/30/20151/15/2016
8/25/2015$0.279/28/20159/30/201510/15/2015
5/29/2015quarterly$0.276.01%6/26/20156/30/20157/16/2015
2/27/2015quarterly$0.275.29%3/26/20153/30/20154/15/2015
11/13/2014quarterly$0.275.67%12/26/201412/30/20141/15/2015
8/28/2014quarterly$0.255.16%9/26/20149/30/201410/15/2014
5/30/2014quarterly$0.255.18%6/26/20146/30/20147/15/2014
2/26/2014quarterly$0.255.54%3/27/20143/31/20144/16/2014
11/25/2013quarterly$0.255.41%12/26/201312/30/20131/15/2014
8/30/2013quarterly$0.234.8%9/26/20139/30/201310/16/2013
5/31/2013quarterly$0.234%6/27/20137/1/20137/16/2013
2/27/2013quarterly$0.234.04%3/27/20134/1/20134/16/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CBL & Associates Properties (NYSE:CBL)
Insider Ownership Percentage: 11.62%
Institutional Ownership Percentage: 94.92%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/22/2015Matthew DominskiDirectorBuy5,000$25.22$126,100.00View SEC Filing  
11/27/2013Farzana MitchellCFOBuy1,250$18.20$22,750.00View SEC Filing  
3/7/2013Winston W WalkerDirectorSell2,000$22.76$45,520.00View SEC Filing  
2/26/2013Winston W WalkerDirectorSell2,000$22.09$44,180.00View SEC Filing  
2/19/2013Winston W WalkerDirectorSell2,000$22.31$44,620.00View SEC Filing  
11/14/2012Winston W WalkerDirectorSell1,000$21.74$21,740.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for CBL & Associates Properties (NYSE:CBL)
DateHeadline
News IconHot Stocks Report CBL & Associates Properties, Inc. (NYSE:CBL), Monogram Residential Trust, Inc. (NYSE:MORE) - Post Analyst (NYSE:CBL)
postanalyst.com - February 21 at 1:50 PM
News IconWhat Analysts are Predicting For Teradata Corporation (TDC), CBL & Associates Properties, Inc. (CBL)? - The USA Commerce (NYSE:CBL)
www.theusacommerce.com - February 21 at 1:50 PM
News IconCBL & Associates Properties, Inc. (CBL): How technical indicators have come out? - Post Analyst (NYSE:CBL)
postanalyst.com - February 20 at 3:57 PM
4-traders.com logoCBL & Associates Properties : Chattanooga Times Free Press, Tenn., Business Digest column (NYSE:CBL)
www.4-traders.com - February 19 at 11:28 AM
capitalcube.com logoCBL & Associates Properties, Inc. : CBL-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:CBL)
www.capitalcube.com - February 16 at 4:14 PM
News IconMC Sports files for Ch. 11, will close Eastland store (NYSE:CBL)
www.pantagraph.com - February 16 at 9:02 AM
News IconCBL Promotes Katie Reinsmidt to CIO (NYSE:CBL)
www.cpexecutive.com - February 16 at 9:02 AM
News IconLooking At Recent Analyst Recommendations: CBL & Associates Properties, Inc. (NYSE:CBL), Discover Financial ... - OracleTimes (NYSE:CBL)
oracletimes.com - February 16 at 9:02 AM
News IconSell-side is Weighing in on CBL & Associates Properties, Inc. (NYSE:CBL) Earnings - Aiken Advocate (NYSE:CBL)
aikenadvocate.com - February 14 at 9:51 PM
News IconAre Analysts Optimistic About Where CBL & Associates Properties, Inc. (NYSE:CBL) is Heading? - Winfield Review (NYSE:CBL)
winfieldreview.com - February 14 at 9:51 PM
News IconA Look at 2 Trending Stocks: CBL & Associates Properties, Inc. (CBL), AMAG Pharmaceuticals, Inc. (AMAG) - Post Analyst (NYSE:CBL)
postanalyst.com - February 14 at 9:51 PM
wallstrt24.com logoStocks Buzz Energen Corporation (NYSE:EGN), CBL & Associates ... - Wall Street 24 (NYSE:CBL)
wallstrt24.com - February 14 at 2:49 AM
businesswire.com logoCBL Appoints Katie Reinsmidt Chief Investment Officer - Business Wire (press release) (NYSE:CBL)
www.businesswire.com - February 14 at 2:49 AM
4-traders.com logoCBL & Associates Properties : Appoints Katie Reinsmidt Chief Investment Officer (NYSE:CBL)
www.4-traders.com - February 13 at 4:45 PM
News IconCBL Appoints Katie Reinsmidt Chief Investment Officer ... - The Chattanoogan (NYSE:CBL)
www.chattanoogan.com - February 13 at 4:45 PM
News IconCBL Promotes Hammontree To Vice President - The Chattanoogan (NYSE:CBL)
www.chattanoogan.com - February 13 at 4:45 PM
finance.yahoo.com logoCBL Appoints Katie Reinsmidt Chief Investment Officer (NYSE:CBL)
finance.yahoo.com - February 13 at 4:45 PM
biz.yahoo.com logoCBL & ASSOCIATES PROPERTIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements a (NYSE:CBL)
biz.yahoo.com - February 13 at 4:45 PM
News IconForward Earnings Estimate of CBL & Associates Properties, Inc ... - Highland Mirror (NYSE:CBL)
www.highlandmirror.com - February 10 at 3:48 PM
News IconCBL & Associates Properties, Inc. announces addition of Dillard’s to Layton Hills Mall (NYSE:CBL)
utahpulse.com - February 8 at 9:29 PM
capitalcube.com logoETFs with exposure to CBL & Associates Properties, Inc. : February 6, 2017 (NYSE:CBL)
www.capitalcube.com - February 6 at 4:11 PM
News IconCBL & Associates Properties, Inc. (NYSE:CBL) Sale Analysis - The Newburgh Press (NYSE:CBL)
newburghpress.com - February 4 at 2:26 AM
seekingalpha.com logoCBL: 10% Yield And Growing - Seeking Alpha (NYSE:CBL)
seekingalpha.com - February 4 at 2:26 AM
marketexclusive.com logoRedevelopment Of Sears Holdings Corp (NASDAQ:SHLD) Space By CBL & Associates Properties, Inc. (NYSE:CBL) On The Cards (NYSE:CBL)
marketexclusive.com - February 3 at 4:24 PM
us.rd.yahoo.com logo4:27 pm CBL & Assoc beats by $0.02, misses on revs; guides FY17 FFO below consensus (NYSE:CBL)
us.rd.yahoo.com - February 3 at 4:24 PM
bizjournals.com logoLoan documents reveal Ikea wants 15 acres for new N.C. site (NYSE:CBL)
www.bizjournals.com - February 3 at 4:24 PM
bizjournals.com logoLoan documents reveal Ikea wants 15 acres at Cary Towne Center (NYSE:CBL)
www.bizjournals.com - February 3 at 4:24 PM
finance.yahoo.com logoEdited Transcript of CBL earnings conference call or presentation 2-Feb-17 4:00pm GMT (NYSE:CBL)
finance.yahoo.com - February 3 at 2:39 AM
businesswire.com logoCBL & Associates Properties, Inc. Announces Addition of Dillard's to ... - Business Wire (press release) (NYSE:CBL)
www.businesswire.com - February 2 at 9:38 PM
seekingalpha.com logoCBL & Associates Properties' (CBL) CEO Stephen Lebovitz on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:CBL)
seekingalpha.com - February 2 at 9:38 PM
marketexclusive.com logoCBL & ASSOCIATES LIMITED PARTNERSHIP (NYSE:CBL) Files An 8-K Results of Operations and Financial Condition (NYSE:CBL)
marketexclusive.com - February 2 at 4:24 PM
4-traders.com logoCBL & ASSOCIATES PROPERTIES INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:CBL)
www.4-traders.com - February 2 at 4:24 PM
capitalcube.com logoCBL & Associates Properties, Inc. :CBL-US: Earnings Analysis: Q4, 2016 By the Numbers : February 2, 2017 (NYSE:CBL)
www.capitalcube.com - February 2 at 4:24 PM
capitalcube.com logoCBL & Associates Properties, Inc. :CBL-US: Earnings Analysis: 2016 By the Numbers : February 2, 2017 (NYSE:CBL)
www.capitalcube.com - February 2 at 4:24 PM
finance.yahoo.com logoCBL & Associates Properties, Inc. Announces Addition of Dillard’s to Layton Hills Mall in Salt Lake City (Layton), Utah (NYSE:CBL)
finance.yahoo.com - February 2 at 4:24 PM
bizjournals.com logoBrookfield Square owner eyes redevelopment of Sears space as store stays open (NYSE:CBL)
www.bizjournals.com - February 2 at 4:24 PM
News IconEye-Popping Dividend Stock: CBL & Associates Properties, Inc. (NYSE:CBL) (NYSE:CBL)
hypelee.com - February 1 at 9:29 PM
News IconCBL & Associates Properties, Inc. Acquires Five Sears Stores For Future Redevelopment Through Sale-Leaseback - The Chattanoogan (NYSE:CBL)
www.chattanoogan.com - February 1 at 9:28 PM
businesswire.com logoCBL & Associates Properties Reports Results for Fourth Quarter and Full-Year 2016 - Business Wire (press release) (NYSE:CBL)
www.businesswire.com - February 1 at 9:28 PM
seekingalpha.com logoWhat's Happening With CBL? - Seeking Alpha (NYSE:CBL)
seekingalpha.com - February 1 at 9:28 PM
sg.finance.yahoo.com logoCBL reports 4Q results (NYSE:CBL)
sg.finance.yahoo.com - February 1 at 9:28 PM
News IconCBL & Associates Properties (CBL) is Upgraded by Citigroup to " Neutral" (NYSE:CBL)
viveremilano.biz - February 1 at 4:27 PM
News IconCBL & Associates Properties, Inc. (CBL) Receives $12.50 Consensus Price Target from Brokerages (NYSE:CBL)
vgtoday.net - February 1 at 4:27 PM
biz.yahoo.com logoQ4 2016 CBL & Associates Properties Inc Earnings Release - After Market Close (NYSE:CBL)
biz.yahoo.com - February 1 at 4:27 PM
finance.yahoo.com logoCBL & Associates Properties Reports Results for Fourth Quarter and Full-Year 2016 (NYSE:CBL)
finance.yahoo.com - February 1 at 4:27 PM
istreetwire.com logoStocks Highlights: Abercrombie & Fitch Co. (ANF), CBL & Associates ... - iStreetWire (NYSE:CBL)
istreetwire.com - January 31 at 9:37 PM
businesswire.com logoCBL & Associates Properties, Inc. Acquires Five Sears Stores for Future Redevelopment Through Sale-Leaseback - Business Wire (press release) (NYSE:CBL)
www.businesswire.com - January 31 at 9:37 PM
News IconCBL & Associates Acquires Five Sears Stores, Two Sears Auto Centers for $72.5 Million (NYSE:CBL)
rebusinessonline.com - January 31 at 4:36 PM
News IconThe Briefcase: CBL, owner of Hanes Mall, reaches leaseback deals with Sears (NYSE:CBL)
www.journalnow.com - January 31 at 2:22 AM
News IconBrookfield Square Sears store sold in sale-leaseback deal (NYSE:CBL)
www.biztimes.com - January 30 at 4:12 PM

Social

What is CBL & Associates Properties' stock symbol?

CBL & Associates Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBL."

How often does CBL & Associates Properties pay dividends? What is the dividend yield for CBL & Associates Properties?

CBL & Associates Properties announced a quarterly dividend on Friday, November 4th. Stockholders of record on Friday, December 30th will be given a dividend of $0.265 per share on Monday, January 16th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 10.09%. The ex-dividend date of this dividend is Wednesday, December 28th.

Where is CBL & Associates Properties' stock going? Where will CBL & Associates Properties' stock price be in 2017?

9 analysts have issued 1 year price objectives for CBL & Associates Properties' shares. Their predictions range from $10.00 to $16.00. On average, they expect CBL & Associates Properties' share price to reach $12.75 in the next year.

When will CBL & Associates Properties announce their earnings?

CBL & Associates Properties is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What are analysts saying about CBL & Associates Properties stock?

Here are some recent quotes from research analysts about CBL & Associates Properties stock:

  • According to Zacks Investment Research, "CBL & Associates Properties, Inc. is a fully integrated real estate investment trust which owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air centers, community centers and office properties. The Company conducts substantially all of its business through its operating partnership. It owns two qualified REIT subsidiaries: CBL Holdings I, Inc. and CBL Holdings II, Inc. CBL & Associates Properties is headquartered in Chattanooga, Tennessee. " (1/10/2017)

  • J P Morgan Chase & Co analysts commented, "We are reducing our 2016 through 2018 core EPS estimates to $2.10 (from $2.15), $1.80 (from $1.90), and $1.60 (from $1.65), reflecting the decline in the average earning assets this quarter. We see potential upside to estimates from increased leverage." (5/5/2016)

Who owns CBL & Associates Properties stock?

CBL & Associates Properties' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (3.33%), FMR LLC (2.69%), Systematic Financial Management LP (1.93%), Denver Investment Advisors LLC (1.43%), Dimensional Fund Advisors LP (1.35%) and Russell Investments Group Ltd. (0.55%).

Who sold CBL & Associates Properties stock? Who is selling CBL & Associates Properties stock?

CBL & Associates Properties' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Thrivent Financial for Lutherans, AQR Capital Management LLC, State Board of Administration of Florida Retirement System, Bluestein R H & Co., Franklin Resources Inc., Dimensional Fund Advisors LP and Asset Management One Co. Ltd..

Who bought CBL & Associates Properties stock? Who is buying CBL & Associates Properties stock?

CBL & Associates Properties' stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Systematic Financial Management LP, Credit Agricole S A, Denver Investment Advisors LLC, State Street Corp, Comerica Bank, A.R.T. Advisors LLC and ARP Americas LLC.

How do I buy CBL & Associates Properties stock?

Shares of CBL & Associates Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CBL & Associates Properties stock cost?

One share of CBL & Associates Properties stock can currently be purchased for approximately $10.51.

CBL & Associates Properties (NYSE:CBL) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for CBL & Associates Properties (NYSE:CBL)

Earnings History Chart

Earnings by Quarter for CBL & Associates Properties (NYSE:CBL)

Dividend History Chart

Dividend Payments by Quarter for CBL & Associates Properties (NYSE:CBL)

Last Updated on 2/21/2017 by MarketBeat.com Staff